Dorchester Minerals, L.P. Announces Cash Distribution for the Fourth Quarter Ended December 31, 2015, Payable on February 11, 2016
January 21, 2016 at 02:48 pm EST
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Dorchester Minerals, L.P. announced the Partnership's fourth quarter 2015 cash distribution. The distribution of $0.199076 per common unit represents activity for the three-month period ended December 31, 2015 and is payable on February 11, 2016 to common unitholders of record as of February 1, 2016.
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.