Dorchester Minerals, L.P. Announces the Passing of C.W. “Bill” Russell
Rhea-AI Summary
Dorchester Minerals, L.P. (NASDAQ: DMLP) announced the passing of C.W. “Bill” Russell on November 4, 2025. Russell served on the Board of Managers and Advisory Committee since 2004 and was Chairman of the Audit Committee, bringing decades of energy tax and KPMG leadership experience to the Partnership.
The Board named long-time Independent Manager Allen D. Lassiter as the new Chairman of the Audit Committee and anticipates appointing a new Independent Manager before year-end 2025. The notice reiterates company operations as an owner of oil and natural gas mineral and royalty interests across 28 states and discloses standard forward-looking statement risks.
Positive
- Allen D. Lassiter appointed Audit Committee Chairman
- Board expects to fill Independent Manager vacancy before year-end 2025
Negative
- Passing of long-time Audit Committee Chairman C.W. “Bill” Russell on Nov 4, 2025
- Temporary vacancy on Board pending appointment of new Independent Manager
News Market Reaction 1 Alert
On the day this news was published, DMLP declined 1.84%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
DALLAS, Nov. 04, 2025 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (the “Partnership”) (NASDAQ-DMLP) mourns the passing of C.W. “Bill” Russell, a dedicated member of our Board of Managers and Advisory Committee since 2004, and Chairman of the Audit Committee.
Bill’s distinguished career in energy taxation, including his leadership at KPMG where he served as National Director, Technical Tax Services – Energy and Chairman of the KMPG International Petroleum Group, brought invaluable expertise to the Partnership. His experience, guidance, and close friendships with fellow board members helped shape Dorchester Minerals for over two decades.
We extend our sincere condolences to his family and all who had the privilege of knowing him.
The Board of Managers has appointed Allen D. Lassiter, another long-time Independent Manager, as the new Chairman of the Audit Committee and anticipates appointing a new Independent Manager before year-end.
Dorchester Minerals, L.P. is a Dallas based owner of producing and non-producing oil and natural gas mineral, royalty, overriding royalty, and net profits 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.
| Contact: | Bradley J. Ehrman | (214) 559-0300 |
FAQ
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