Dorchester Minerals, L.P. Declares Cash Distribution for the Fourth Quarter Ended December 31, 2018, Payable on February 7, 2019
January 18, 2019 at 12:40 am IST
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Dorchester Minerals, L.P. announced the Partnership’s fourth quarter 2018 cash distribution. The distribution of $0.516572 per common unit represents activity for the three-month period ended December 31, 2018 and is payable on February 7, 2019 to common unitholders of record as of January 28, 2019.
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.