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Black Stone Minerals LP has launched an agreement with Aethon Energy for the development of its Shelby Trough Haynesville and Bossier shale acreage in Angelina County, Texas. The agreement includes minimum well commitments by Aethon in exchange for reduced royalty rates and exclusive access to Black Stone’s mineral and leasehold acreage in the area.

A minimum of four wells will be drilled in the initial program year, which starts in the third quarter of this year, and will increase to a minimum of 15 wells per year beginning with the third program year.

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