Dorchester Minerals, L.P. completed an acquisition of mineral interests totaling approximately 3,050 net royalty acres in Adams County, Colorado.
The transaction was structured as a non-taxable contribution and exchange.
Contributing entities conveyed their interests to the Partnership in exchange for 915,694 common units representing limited partnership interests.
Acquisition Details
3,050 net royalty acres acquired in Adams County, Colorado.
Transaction Structure
Non-taxable contribution and exchange agreement.
Partnership Units
Contributing entities exchanged interests for 915,694 common units in DMLP.
- Dorchester Minerals, L.P. expands its mineral interests portfolio in a strategic acquisition.
- The acquisition strengthens the Partnership's position in the oil and natural gas industry.
Dorchester Minerals, L.P.'s acquisition of mineral interests marks a significant growth opportunity for the Partnership's asset base and market presence, positioning it for future success in the energy sector.