Black Stone’s Magic: $340 Million Pries Minerals From Noble Energy

Transaction Type
Basin
Permian Basin; Delaware Basin; Midland Basin; Williston Basin; Powder River Basin; Anadarko Basin
Announce Date
Post Date
Estimated Price
$340.0MM
Description

To purchase about 1.1 million gross (140,000 net) mineral acres, 380,000 gross NPRI and 600,000 gross acres of ORRI across 20 states with significant concentrations in the Permian Basin in TX, OK's Scoop Play and ND's Bakken Shale. (Expected to close Nov. 28)