Black Stone Minerals Co. LP filed an S-1 with the Securities and Exchange Commission for an IPO of common units representing limited partner interests in an MLP, the company said March 20.
Black Stone, which owns domestic oil and natural gas mineral interests, would contribute its mineral, royalty and working interests to the MLP.
The number of common units to be offered and the price range for the proposed offering have not yet been determined.
The IPO is scheduled to be completed in 2015’s first half, but factors including market conditions might affect the time frame, the company said.
Barclays (NYSE: BCS), BofA Merrill Lynch, Citigroup (NYSE: C), Credit Suisse (NYSE: CS), and Wells Fargo Securities LLC are joint book-running managers. J.P. Morgan, Morgan Stanley (NYSE: MS), Raymond James, Scotia Howard Weil, and Simmons & Co. International are co-managers.
Black Stone Minerals Co. LP is based in Houston.
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