Dorchester Minerals, L.P. Announces Cash Distribution, Payable on February 8, 2018
January 18, 2018 at 03:37 pm
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Dorchester Minerals, L.P. announced the fourth quarter of 2017 cash distribution. The distribution of $0.386915 per common unit represents activity for the three-month period ended December 31, 2017 and is payable on February 8, 2018 to common unitholders of record as of January 29, 2018.
Dorchester Minerals, L.P. is an owner of producing and non-producing oil and natural gas minerals, royalty, overriding royalty, net profits, and leasehold interests. The Company is engaged in the acquisition, ownership, and administration of royalty properties and net profits interest (NPI). The NPI represents a net profits overriding royalty interest burdening various properties owned by the operating partnership. The Royalty Properties consist of producing and nonproducing minerals, royalty, overriding royalty, net profits, and leasehold interests located in 593 counties and parishes in 28 states. It has mineral and royalty interests totaling approximately 460,000 net acres located in 593 counties and parishes across Louisiana, New Mexico, Colorado, Texas and others. Its subsidiaries include Dorchester Minerals Oklahoma LP, Dorchester Minerals Oklahoma GP, Inc., Maecenas Minerals LLP, Dorchester-Maecenas GP LLC, The Buffalo Co. and DMLPTBC GP LLC.