Dorchester Minerals Acquires 3,100 Net Royalty Acres in the Williston Basin

By Bobby Samwell • Tuesday, July 07 10:51 • Permanent Link

Dorchester Minerals, L.P. said it has agreed to acquire mineral and royalty interests totaling about 3,100 net royalty acres in five counties across the Williston Basin in North Dakota.

The deal, signed July 3, calls for the interests to be exchanged for 850,000 common units of Dorchester Minerals, with the unit count subject to adjustment under the agreement. Cash received by the contributing entities on or after April 1, 2026, will also be contributed to the partnership at closing.

The acquisition is expected to close on July 31, 2026. Dorchester did not disclose a purchase price in dollars, but the transaction is structured as a non-taxable contribution and exchange.

Dorchester Minerals, based in Dallas, owns oil and natural gas mineral, royalty, overriding royalty, net profits and leasehold interests in 28 states. Today the company's shares have moved 0.97% to a price of $25.6151. For the full picture, make sure to review DORCHESTER MINERALS, L.P.'s 8-K report.

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