Dorchester Minerals, L.P. has entered into an agreement to acquire mineral and royalty interests totaling approximately 3,100 net royalty acres in five counties across the Williston Basin in North Dakota. The contributing entities will convey their interests in exchange for 850,000 common units of the Partnership, as adjusted. Cash received by the contributing entities on or after April 1, 2026, will be contributed to the Partnership at closing. The acquisition is expected to close on July 31, 2026, subject to customary closing conditions.
Dorchester Minerals LPDorchester Minerals is acquiring mineral and royalty interests in exchange for common units, expanding its asset base.