Mergers & Acquisitions ·
Dorchester Minerals agrees to acquire ~4,300 net royalty acres in Williston Basin for 1.25M units
DMLPDorchester Minerals, L.P.
Dorchester Minerals, L.P. entered into a Contribution and Exchange Agreement with Hillside Exploration Assets, LLC to acquire mineral and royalty interests totaling approximately 4,300 net royalty acres across three counties in the Williston Basin of North Dakota. In exchange for these producing and non-producing oil and natural gas assets, Dorchester will issue 1,250,000 common units representing limited partnership interests. The transaction is expected to close on October 30, 2026, subject to customary closing conditions, with the contributor also required to pay the Partnership cash receipts attributed to the properties received on or after July 1, 2026. Dorchester Minerals, L.P. is a Dallas-based owner of oil and natural gas mineral, royalty, overriding royalty, net profits, and leasehold interests located in 28 states.