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Dorchester Minerals, L.P. Announces Its First Quarter Distribution

Dorchester Minerals, L.P. Announces Its First Quarter Distribution
/EIN News/ DALLAS, April 22, 2021 (GLOBE NEWSWIRE) Dorchester Minerals, L.P. (NASDAQ:DMLP) announced today the Partnership’s first quarter 2021 cash distribution. The distribution of $0.303441 per common unit represents activity for the three-month period ended March 31, 2021 and is payable on May 13, 2021 to common unitholders of record as of May 3, 2021.
Cash receipts attributable to the Partnership’s Royalty Properties during the first quarter totaled approximately $10.8 million. Approximately 81% of these receipts reflect oil sales during December 2020 through February 2021 and gas sales during November 2020 through January 2021, and approximately 19% from prior sales periods. Cash Receipts attributable to the Partnership’s Net Profits Interests during the first quarter totaled approximately $1.8 million. Approximately 72% of these receipts reflect oil sales and gas sales during November 202 ....

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Pacific Coast Oil Trust Announces There Will Be No February Cash Distribution

Press release content from Business Wire. The AP news staff was not involved in its creation.
Pacific Coast Oil Trust Announces There Will Be No February Cash Distribution
February 25, 2021 GMT
HOUSTON (BUSINESS WIRE) Feb 25, 2021
PACIFIC COAST OIL TRUST (OTC Pink: ROYTL) (the “Trust”), a royalty trust formed by Pacific Coast Energy Company LP (“PCEC”), announced today that there will be no cash distribution to the holders of its units of beneficial interest of record on February 26, 2021 based on the Trust’s calculation of net profits generated during December 2020 (the “Current Month”) as provided in the conveyance of net profits interests and overriding royalty interest (the “Conveyance”). If the Trust continues to receive insufficient monthly income from its net profits interests and overriding royalty interest, the Trust is expected to terminate by its terms by the end of 2021. As described further below, based on information from PCEC, the ....

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Dorchester Minerals, L.P. Announces 2020 Results

Dorchester Minerals, L.P. Announces 2020 Results
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Pacific Coast Oil Trust Announces There Will Be No January Cash Distribution

Press release content from Business Wire. The AP news staff was not involved in its creation.
Pacific Coast Oil Trust Announces There Will Be No January Cash Distribution
January 15, 2021 GMT
HOUSTON (BUSINESS WIRE) Jan 15, 2021
PACIFIC COAST OIL TRUST (OTC Pink: ROYTL) (the “Trust”), a royalty trust formed by Pacific Coast Energy Company LP (“PCEC”), announced today that there will be no cash distribution to the holders of its units of beneficial interest of record on January 25, 2021 based on the Trust’s calculation of net profits generated during November 2020 (the “Current Month”) as provided in the conveyance of net profits interests and overriding royalty interest (the “Conveyance”). If the Trust continues to experience negative monthly net profits, the Trust is expected to terminate by its terms by the end of 2021. As described further below, based on information from PCEC, the likelihood of distributions to the unitholders in the foreseea ....

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