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Dorchester Minerals continues to expand its Texas mineral and royalty footprint with M&A.
Dallas-based Dorchester Minerals LP (DMLP) closed an acquisition of mineral and royalty interests located in three counties in Texas, the company said Sept. 29. The transaction included approximately 7,984 gross acres and 716 net royalty acres.
The mineral and royalty interests were exchanged for 494,000 DMLP common units representing limited partnership interests in Dorchester Minerals.
Dorchester Minerals owns producing and non-producing oil and gas mineral and royalty interests in 28 states.
The company has closed on other acquisitions in Texas, Louisiana and New Mexico in recent months.
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Dorchester Minerals Acquires Texas Mineral and Royalty Interests
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