UNITED
STATES
SECURITIES
AND EXCHANGE
COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date
of Report (Date of earliest event
reported): January
15, 2008
DORCHESTERMINERALS,
L.P.
(Exact
name of Registrant as specified
in its charter)
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Delaware
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000-50175
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81-0551518
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(State
or other jurisdiction
of
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Commission
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(I.R.S.
Employer
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incorporation
or
organization
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File
Number
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Identification
No.)
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3838
Oak
Lawn, Suite300,
Dallas,
Texas 75219
(Address
of principal executive
offices) (Zip Code)
Registrant's
telephone number, including
area code: (214)
559-0300
N/A
(Former
name, former address and former
fiscal year, if changed since last report)
Check
the appropriate box below if the
Form 8-K filing is intended to simultaneously satisfy the filing
obligation
of
the registrant under any of the
following provisions (See General Instruction A.2. below):
[
] Written communications
pursuant to Rule 425 under the Securities Act
(17
CFR
230.425)
[
] Soliciting material pursuant
to Rule 14a-12 under the Exchange Act
(17
CFR
240.14a-12)
[
] Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange
Act
(17
CFR 240.14d-2(b))
[
] Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange
Act
(17
CFR 240.13e-4(c))
Item
2.02 Results
of Operations and Financial Condition
The
Registrant is furnishing its press
release dated January 15, 2008 which announces the Registrant's cash
distribution for the quarter ended December 31, 2007. The press
release is attached hereto as Exhibit 99.1 to this Form 8-K and incorporated
herein by reference.
Item
7.01
And
9.01 Regulation
FD Disclosure and Financial Statements and Exhibits
(c) Exhibits
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99.1
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Press
Release dated January 15,
2008 announcing the Registrant's cash distribution for the quarter
ended
December 31, 2007. The press release is attached hereto as
Exhibit 99.1 and incorporated herein by reference.
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See
Item 2.02. Results of
Operations and Financial Condition.
Limitation
on Incorporation by
Reference
In
accordance with general instructions
B.2 and B.6 of Form 8-K, the information disclosed in this report under Item
7.01, including Exhibit 99.1, is being furnished and shall not be deemed "filed"
for the purposes of Section 18 of the Securities Exchange Act of 1934, as
amended, or otherwise subject to the liability of that section, and shall not
be
deemed incorporated by reference into any filing under the Securities Act of
1933, as amended.
SIGNATURE
Pursuant
to the requirements of the
Securities Exchange Act of 1934, the Registrant has duly caused this report
to
be signed on its behalf by the undersigned, thereunto duly authorized.
DORCHESTERMINERALS,
L.P.
Registrant
by DorchesterMinerals
Management LP
its
General Partner,
by DorchesterMinerals
Management GP LLC
its
General Partner
Date:
January 15, 2008
By:
/s/ William
Casey McManemin
William
Casey McManemin
Chief
Executive Officer
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NEWS
RELEASE
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Dorchester
Minerals, L.P.
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Release
Date:
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January
15, 2008
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3838
Oak Lawn Ave., Suite 300
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Dallas,
Texas 75219-4541
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Contact:
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Casey
McManemin
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(214)
559-0300
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DORCHESTER
MINERALS, L.P. ANNOUNCES ITS FOURTH QUARTER DISTRIBUTION
DALLAS,
TEXAS -- Dorchester Minerals, L.P. (NasdaqGM:DMLP) announced today the
Partnership’s fourth quarter 2007 cash distribution. The distribution
of $0.514625 per common unit represents activity for the three month period
ended December 31, 2007 and is payable on February 4, 2008 to common
unitholders of record as of January 25, 2008.
Cash
receipts attributable to the Partnership’s Net Profits Interests during the
fourth quarter totaled $4,559,000. These receipts generally reflect oil and
gas
sales from the properties underlying the Net Profits Interests during August
2007 through October 2007. Approximately $1,171,000 of gross capital
expenditures, primarily attributable to drilling and completion activity, was
paid by the owner of the working interests in the properties underlying the
Net
Profits Interests during September 2007 through November 2007. Cash receipts
attributable to the Partnership’s Royalty Properties during the fourth quarter
totaled $11,168,000. These receipts generally reflect oil sales during September
2007 through November 2007 and gas sales during August 2007 through October
2007.
The
Partnership received approximately $357,000 of other cash receipts during the
fourth quarter and identified 104 new wells completed on the Partnership’s Net
Profits Interests and Royalty Properties located in 40 counties and parishes
in
9 states.
Dorchester
Minerals, L.P. is a Dallas based owner of producing and non-producing oil and
natural gas mineral, royalty, overriding royalty, net profits, and leasehold
interests located in 25 states. Its common units trade on the Nasdaq Global
Select Market under the symbol DMLP.
FORWARD-LOOKING
STATEMENTS
Portions
of this document may constitute "forward-looking statements" as defined by
federal law. Such statements are subject to certain risks, uncertainties and
assumptions. Should one or more of these risks or uncertainties materialize,
or
should underlying assumptions prove incorrect, actual results may vary
materially from those anticipated, estimated or projected. Examples of such
uncertainties and risk factors include, but are not limited to, changes in
the
price or demand for oil and natural gas, changes in the operations on or
development of the Partnership’s properties, changes in economic and industry
conditions and changes in regulatory requirements (including changes in
environmental requirements) and the Partnership’s financial position, business
strategy and other plans and objectives for future operations. These and other
factors are set forth in the Partnership's filings with the Securities and
Exchange Commission.