Black Stone Minerals LP Enters Farmout Agreement with Ellipsis U.S. Onshore Holdings to Expand Haynesville Acreage

Reuters
2025/08/20
Black Stone Minerals LP Enters Farmout Agreement with Ellipsis U.S. Onshore Holdings to Expand Haynesville Acreage

Ellipsis U.S. Onshore Holdings LLC, a portfolio company of the Westlawn Group, has completed significant transactions to expand its presence in key U.S. onshore basins. This includes a Farmout Agreement with Black Stone Minerals, L.P., covering approximately 270,000 gross acres across several counties in East Texas. The agreement allows Ellipsis to earn non-operated working interests in Black Stone Minerals' Haynesville acreage, involving about 100,000 undeveloped net acres. The agreement includes a tiered commitment structure, starting with a minimum of six wells in 2026 and increasing to 25 wells annually by the fifth year. Additionally, Ellipsis has acquired non-operated oil and gas assets in the Permian Basin, enhancing its Delaware Basin footprint.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Black Stone Minerals LP published the original content used to generate this news brief via PR Newswire (Ref. ID: NY54767) on August 19, 2025, and is solely responsible for the information contained therein.

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