Dorchester Minerals, L.P.

Type: Public
Employees: 27

The stakeholders of Dorchester Minerals are enjoying the benefits of three natural resource exploitation enterprises which came together as one. The oil and gas exploration company was formed by the 2003 merger of oil trust Dorchester Hugoton with Republic Royalty and Spinnaker Royalty. Dorchester Mineral's holdings include 74,714 net acres in Oklahoma and 7,055 net acres in Kansas. The company holds assets (producing and nonproducing mineral, royalty, overriding royalty, net profits, and leasehold interests) in properties in 573 counties in 25 states. In 2006 it had proved reserves of 668 billion cu. ft. of natural gas and 3.8 million barrels of oil.

Key numbers for fiscal year ending December, 2007:
Sales: $65.4M
One year growth: (12.8%)
Net income: $43.0M
Income growth: (14.3%)

Officers:
CEO; Manager, Dorchester Minerals Management; CEO, Dorchester Minerals Operating GP LLC: William Casey McManemin
COO; Manager, Dorchester Minerals Management GP LLC; COO, Dorchester Minerals Operating GP LLC: James E. Raley
CFO; Manager, Dorchester Minerals Management GP LLC; CFO, Dorchester Minerals Operating GP LLC: Natural Gas Gathering & Processing Systems

Competitors:
Anadarko Petroleum
Cabot Oil & Gas
Unit Corporation