Dorchester Minerals closed acquisitions of mineral and royalty interests in the D-J Basin (pictured) and the Permian Basin. (Source: Shutterstock.com/ Dorchester Minerals)
Dorchester Minerals LP closed two acquisitions of mineral and royalty interests in the Permian and Denver-Julesburg (D-J) basins.
Both transactions were structured as non-taxable contribution and exchanges.
The first transaction included mineral, royalty and overriding royalty interests totaling 14,529 acres across 14 counties in New Mexico and West Texas. Approximately 65% of the acreage is in the Permian’s Delaware Basin, with the remaining 35% located in the Midland Basin.
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