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): October
9, 2008
DORCHESTER MINERALS,
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, Suite 300, 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 October 9, 2008 which announces
the Registrant's cash distribution for the quarter ended September 30,
2008. 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 October 9, 2008 announcing the Registrant's cash
distribution for the quarter ended September 30, 2008. 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.
DORCHESTER MINERALS,
L.P.
Registrant
by Dorchester
Minerals Management LP
its
General Partner,
by Dorchester
Minerals Management GP LLC
its
General Partner
Date:
October 9, 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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October
9, 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 THIRD QUARTER DISTRIBUTION
DALLAS,
TEXAS -- Dorchester Minerals, L.P. announced today the Partnership’s third
quarter 2008 cash distribution. The distribution of $0.948472 per
common unit represents activity for the three month period ended
September 30, 2008 and is payable on November 3, 2008 to common unitholders
of record as of October 20, 2008.
Cash
receipts attributable to the Partnership’s Net Profits Interests during the
third quarter totaled $8,783,000. These receipts reflect oil and gas sales from
the properties underlying the Net Profits Interests generally during May 2008
through July 2008. Approximately $1,289,000 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 June 2008 through August 2008. Cash receipts attributable
to the Partnership’s Royalty Properties during the third quarter totaled
$19,794,000. These receipts generally reflect oil sales during June 2008
through August 2008 and gas sales during May 2008 through
July 2008.
The
Partnership received approximately $268,000 of other cash receipts during the
third quarter and identified 121 new wells completed on the Partnership’s Net
Profits Interests and Royalty Properties located in 47 counties and parishes in
10 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.