Dorchester Minerals, L.P. Announces Agreement to Acquire Mineral and Royalty Interests
Key Highlights
- ➤4,300 net royalty acres acquired across three Williston Basin counties
- ➤1,250,000 DMLP common units issued to contributing entity
- ➤Agreement expected to close October 30, 2026, subject to customary conditions
DALLAS, Oct. 19, 2026 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (the “Partnership”) announces today that it has entered into an agreement to acquire mineral and royalty interests.
On October 16, 2026, the Partnership entered into a non-taxable contribution and exchange agreement with an unrelated third party to acquire mineral and royalty interests totaling approximately 4,300 net royalty acres located in three counties across the Williston Basin in North Dakota. Cash received by the contributing entity attributed to the acquired interests on or after July 1, 2026, will be contributed to the Partnership at closing. The contributing entity will convey its interests to the Partnership in exchange for 1,250,000 common units representing limited partnership interests in Dorchester Minerals, L.P. The acquisition is expected to close on October 30, 2026, subject to customary closing conditions.
Get started
Create a free account to read the full story.