-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Lr6WpGc4Q+rgfC4jyFer/SKNs751GqF6wnHtTZ1++uIgequ8HrMUCDDnYxCrbHHh Txpq8ZMxU348VHecB0NDGA== 0001172358-05-000002.txt : 20050120 0001172358-05-000002.hdr.sgml : 20050120 20050120093527 ACCESSION NUMBER: 0001172358-05-000002 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20041231 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050120 DATE AS OF CHANGE: 20050120 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DORCHESTER MINERALS LP CENTRAL INDEX KEY: 0001172358 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 810551518 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-50175 FILM NUMBER: 05537730 BUSINESS ADDRESS: STREET 1: 3838 OAK LAWN STREET 2: SUITE 300 CITY: DALLAS STATE: TX ZIP: 75219-4541 BUSINESS PHONE: 2145590300 MAIL ADDRESS: STREET 1: 3838 OAK LAWN STREET 2: SUITE 300 CITY: DALLAS STATE: TX ZIP: 75219-4541 8-K 1 dmlp012005_8-k.txt 2004 4TH QUARTER DIST PRESS RELEASE 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 20, 2005 ------------------ DORCHESTER MINERALS, L.P. ------------------------- (Exact name of Registrant as specified in its charter) Delaware 000-50175 81-0551518 ----------------- --------- ---------- (State or other jurisdiction of Commission (I.R.S. Employer incorporation or organization) File Number Identification No.) 3838 Oak Lawn, Suite 300 75219 Dallas, Texas ----- ------------------------ (Zip Code) (Address of principal executive offices) Registrant's telephone number, including area code: (214) 559-0300 -------------- --------------------------------------------- (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 20, 2005 which announces the Registrant's quarterly distribution to partners. The press release is attached hereto as Exhibit 99.1 and incorporated herein by reference. Items 7.01 and 9.01 Regulation FD Disclosure and Financial Statements and Exhibits. (c) Exhibits -------- Press Release dated January 20, 2005 announcing cash quarterly distribution to partners. The press release is attached hereto as Exhibit 99.1 and incorporated herein by reference. See Item 2.02. Results of Operations and Financial Condition. Limitation on Incorporation by Reference In accordance with general instructions B.2 of Form 8-K, the information in this report, including exhibits, is furnished pursuant to Items 2.02, 7.01 and 9.01 and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liability of that section. 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: January 20, 2005 By: /s/ William Casey McManemin ----------------------------- William Casey McManemin Chief Executive Officer EX-99 2 dmlp012005_exh991.txt PRESS RELEASE ANNOUNCING DMLP 2004 4TH QTR DIST Exhibit 99.1 NEWS RELEASE Dorchester Minerals, L.P. Release Date: January 20, 2005 3838 Oak Lawn Ave., Suite 300 Dallas, Texas 75219-4541 Contact: Casey McManemin Telephone (214) 559-0300 Facsimile (214) 559-0301 - ------------------------------------------------------------------------------- DORCHESTER MINERALS, L.P. ANNOUNCES ITS FOURTH QUARTER DISTRIBUTION DALLAS, TEXAS -- Dorchester Minerals, L.P. announced today the Partnership's fourth quarter 2004 cash distribution. The distribution of $.426076 per common unit represents activity for the three month period ending December 31, 2004 and is payable on February 11, 2005 to common unit holders of record as of February 1, 2005. Cash receipts attributable to the Partnership's Net Profits Interests during the fourth quarter totaled $5,553,000. These receipts generally reflect oil and gas sales from the properties underlying the Net Profits Interests during August, September and October 2004. The weighted average oil and gas prices received for such sales were approximately $41.88/bbl and $5.28/mcf, respectively. Approximately $346,000 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, October and November 2004. Cash receipts attributable to the Partnership's Royalty Properties during the fourth quarter totaled $8,217,000. These receipts generally reflect oil sales during September, October and November 2004 and gas sales during August, September and October 2004. The weighted average oil and gas prices received for such sales were approximately $41.88/bbl and $5.44/mcf, respectively. Fourth quarter results reflect payment of approximately $955,000 of ad valorem taxes (partially offset by approximately $633,000 reserved in prior quarters), and approximately $581,000 of nonrecurring expenses attributable to Sarbanes-Oxley compliance matters, the relocation and consolidation of the Partnership's offices, closing costs attributable to the transaction consummated in the third quarter, advance severance tax payments made by the operating partnership and reimbursed by the Partnership, and amounts paid in connection with two small property acquisitions. The Partnership received approximately $259,000 from lease bonus and other sources during the fourth quarter and identified 49 new wells completed on the Partnership's Net Profits Interests and Royalty Properties located in 18 counties and parishes in seven 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 Stock 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. -30- -----END PRIVACY-ENHANCED MESSAGE-----