Dorchester Minerals announces Midland Basin lease deal for ~$11.8M in Q4 distribution

DORCHESTER MINERALS, L.P.

Leased 243 net acres in two tracts in Reagan County, TX for $30,000/acre plus 25% royalty.
Amended existing lease on two separate tracts (243 net acres) for $18,750/acre.
Total upfront payment ~$11.8M will be included in the Partnership's Q4 2023 distribution.
Transaction consummated on November 6, 2023.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.