Dorchester Minerals settles Texas litigation for $15.5 million

Go back to Dorchester Minerals settles Texas litigation for $15.5 million

Dorchester Minerals, L.P. Announces Settlement Agreement

March 16, 2026 4:02 PM EDT

DALLAS, March 16, 2026 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (the Partnership) (NASDAQ-DMLP) and Dorchester Minerals Operating LP (the Operating Partnership) have entered into a settlement and mutual release agreement (the Settlement Agreement) with unrelated third parties. The Settlement Agreement resolves ordinary course litigation affecting certain leasehold in Midland County, Texas, which is owned by the Operating Partnership and subject to the Net Profits Interest.   The Operating Partnership received proceeds of $15.5 million, which will be... More