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Deploying Capital in De-Risked Plays

Black Stone Minerals participates on a working-interest basis in the drilling of new wells where we also own mineral interests in order to capture maximum value from our minerals and produce greater returns for our investors.  We also own other working interests, unrelated to our mineral and royalty assets, which were acquired because of attractive working-interest investment opportunities within the asset.

Working-Interest Participation Program

We own working interests related to certain of our mineral interests in various plays across our asset base. We participate in low-risk development drilling opportunities as a non-operator when the expected outcome is predictable and the expected returns are attractive on a risk-adjusted basis.