Dorchester Minerals, L.P. Announces Appointment of Manager to Board of Managers
Rhea-AI Summary
Dorchester Minerals, L.P. (NASDAQ: DMLP) has announced the appointment of Mr. F. Damon Box to the board of managers of the general partner of their general partner, effective October 15, 2024. Mr. Box brings nearly 25 years of experience in corporate finance, mergers and acquisitions, capital markets, and energy investments. He is currently a partner at Carrollton Mineral Partners, L.P. and was previously a managing director in the energy investment banking division at Piper Sandler Companies.
Casey McManemin, Chairman of the Board, expressed pleasure in welcoming Mr. Box, citing his broad energy experience as an asset for achieving the Partnership's strategic goals. 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 28 states. The Partnership's common units trade on the NASDAQ Global Select Market under the symbol DMLP.
Positive
- Appointment of experienced board member with 25 years in finance and energy sectors
- New board member brings expertise in minerals sector and transaction advisory
- Potential for fresh perspectives to achieve strategic goals
Negative
- None.
News Market Reaction – DMLP
On the day this news was published, DMLP gained 0.09%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
DALLAS, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (the “Partnership”) (NASDAQ-DMLP) announced today that Mr. F. Damon Box has been appointed to the board of managers of the general partner of our general partner, effective October 15, 2024.
Mr. Box has nearly 25 years of experience in corporate finance, mergers and acquisitions, capital markets and energy investments. He is currently a partner at Carrollton Mineral Partners, L.P. and was previously a managing director in the energy investment banking division at Piper Sandler Companies. In addition, Mr. Box has developed a focus on the minerals sector and acted as an advisor in numerous transactions.
Casey McManemin, Chairman of the Board, stated, “We are pleased to welcome Mr. Box to the board of managers of the Partnership. His broad energy experience will bring additional perspective to achieve the Partnership’s strategic goals”.
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 28 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.
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