Noble Energy selling more assets in $340M deal

Houston-based Black Stone Minerals LP (NYSE: BSM) will acquire a minerals and royalty package from subsidiaries of Houston-based Noble Energy Inc. (NYSE: NBL) for $340 million. 

Black Stone included the deal among several announcements made Nov. 27. 

The Noble deal is expected to close Nov. 28 and includes about 1.1 million gross (or 140,000 net) mineral acres, 380,000 gross acres of non-participating royalty interests and 600,000 gross acres of overriding royalty interests across 20 states.…

Original published: 2017-11-27 07:52:44 Read the full Houston News here


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