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): August 6,
2009
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 August 6, 2009 which announces
the Registrant's results for the quarter ended June 30, 2009. 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 August 6, 2009 announcing the Registrant's results for the
quarter ended June 30, 2009. 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:
August 6, 2009
By: /s/ William Casey
McManemin
William
Casey McManemin
Chief
Executive Officer
Exhibit 99.1
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NEWS
RELEASE
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Dorchester
Minerals, L.P.
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Release
Date:
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August
6, 2009
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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 SECOND QUARTER RESULTS
DALLAS,
TEXAS -- Dorchester Minerals, L.P. (the “Partnership”) announced
today the Partnership’s net earnings for the second quarter ended June 30, 2009
of $4,720,000 or $0.16 per common unit.
A
comparison of results for the periods ended June 30, 2009 and June 30, 2008 is
set forth below:
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Three
Months Ended
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Six
Months Ended
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June
30,
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June
30,
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2009
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2008
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2009
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2008
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Net
Operating Revenues
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$ | 9,684,000 | $ | 28,988,000 | $ | 18,508,000 | $ | 50,260,000 | ||||||||
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Net
Earnings
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4,720,000 | 23,166,000 | 8,497,000 | 38,576,000 | ||||||||||||
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Net
Earnings Per Common Unit
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$ | 0.16 | $ | 0.80 | $ | 0.29 | $ | 1.33 | ||||||||
The Partnership previously declared its
second quarter distribution in the amount of $0.271354 per common unit payable
on August 3, 2009 to common unit holders of record as of July 24,
2009. The Partnership’s cash distributions are not comparable to its
net earnings due to timing and other differences including
depletion.
Dorchester
Minerals, L.P. is a Dallas based owner of producing and non-producing crude oil
and natural gas mineral, royalty, overriding royalty, net profits, and leasehold
interests and its common units trade on the Nasdaq Global 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.