HOUSTON--(BUSINESS WIRE)--Oct. 10, 2016--
Black Stone Minerals, L.P. (NYSE: BSM) (“Black Stone Minerals” or “the
Partnership”) announced today that Marc Carroll will retire as Senior
Vice President and Chief Financial Officer next month.
Mr. Carroll informed the Partnership on October 5 that he will step down
as CFO and SVP effective November 11. He will enter into a consulting
arrangement into 2017 to help ensure an orderly transition to his
successor. The Partnership expects to name a new CFO upon Mr. Carroll’s
retirement.
“Marc has been an integral part of the growth of Black Stone over the
years,” said Thomas L. Carter, Jr., the Partnership’s Chairman, Chief
Executive Officer, and President. “Since he joined the Partnership’s
predecessor 12 years ago, he has helped the transformation of Black
Stone into what it is today, most recently with last year’s initial
public offering. We thank Marc for all he has done for the Partnership
and for his agreeing to provide consulting services into next year to
ensure a smooth transition.”
About Black Stone Minerals, L.P.
Black Stone Minerals is one of the largest owners of oil and natural gas
mineral interests in the United States. The Partnership owns mineral
interests and royalty interests in over 40 states and 60 onshore basins
in the continental United States. The Partnership also owns and
selectively participates as a non-operating working partner in
established development programs, primarily on its mineral and royalty
holdings. The Partnership expects that its large, diversified asset base
and long-lived, non-cost-bearing mineral and royalty interests will
result in production and reserve growth, as well as increasing quarterly
distributions to its unitholders.
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Source: Black Stone Minerals, L.P.
Black Stone Minerals, L.P.
Brent Collins, (713) 445-3200
Vice
President, Investor Relations
investorrelations@blackstoneminerals.com