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Subsidiary of Azul Resources, LLC Enters Multi-year Farmout Agreement with Blackstone Minerals

HOUSTON (March 4, 2022) – On December 29, 2021, a subsidiary of Azul Resources, LLC (“Azul”) entered into a multi-year farmout agreement with Black Stone Minerals (NYSE: BSM) covering working interests under active development of the Haynesville and Bossier Shale in San Augustine County, Texas. Azul is continuing its acquisition and development strategy in East Texas and North Louisiana, where the team has a deep history of operating responsibly.

For additional details, please reference BSM’s fourth quarter earnings press release.

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