NYSE:BSMOil and Gas
CEO Share Purchase and Major East Texas Farmout Deal Might Change The Case For Investing In Black Stone Minerals (BSM)
Earlier this week, Black Stone Minerals announced that CEO Thomas L. Carter acquired 41,000 shares and entered a five-year farmout agreement with Ellipsis U.S. Onshore Holdings for 270,000 acres in East Texas.
The CEO’s stock purchase and the new agreement signal leadership confidence and potentially strengthen Black Stone’s access to high-potential natural gas acreage.
We’ll explore how this new farmout partnership in East Texas could reshape the outlook for Black Stone Minerals’ future...