Brief: Black Stone Minerals Reports First Quarter Results

Black Stone Minerals LP

05/05/2020 01:18

May 4 (Reuters) - Black Stone Minerals LP  BSM.N :
    * BLACK STONE MINERALS, L.P. REPORTS FIRST QUARTER RESULTS
    * BLACK STONE MINERALS LP - TOTAL MINERAL AND ROYALTY
PRODUCTION
FOR Q1 OF 2020 EQUALED 36.7 MBOE/D, AN INCREASE OF 4.5% OVER
PRIOR QUARTER
    * BLACK STONE MINERALS LP - MANAGEMENT EXPECTS FY G&A
EXPENSE TO
BE AT OR BELOW GUIDANCE RANGE OF $39 MILLION TO $43 MILLION,
EXCLUDING RESTRUCTURING CHARGE
    * BLACK STONE MINERALS LP - AVERAGE PRODUCTION OF 46.9
MBOE/D (78%
MINERAL AND ROYALTY, 73% NATURAL GAS) FOR Q1 OF 2020
    * BLACK STONE MINERALS LP - TOTAL PRODUCTION WAS 46.8 MBOE/D
AND
46.2 MBOE/D FOR QUARTERS ENDED MARCH 31, 2019 AND DECEMBER 31,
2019, RESPECTIVELY
    * BLACK STONE MINERALS LP - BLACK STONE IS WITHDRAWING 2020
PRODUCTION AND DISTRIBUTION GUIDANCE IT ORIGINALLY ISSUED ON
FEBRUARY 24, 2020

Source text for Eikon:  ID:nBw2M9BdDa 
Further company coverage:  BSM.N 

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