Dorchester Minerals NASDAQ: DMLP Dorchester Minerals, LP Mid-Year Update on Selected Activity November 2014 1
Dorchester Minerals NASDAQ: DMLP Mid-Year Update on Selected Activity Bakken/Three Forks Drilling, Completion and Production Example: Mountrail County Development Core Midland Basin Ownership Footprint and Production Example:…
Dorchester Minerals NASDAQ: DMLP Bakken/Three Forks North Dakota - Six County Core Area Well Average Average Count BPO NRI APO NRI Completed as Producers 422 0.782% 2.337% Drilling/Completion (or confidential) 90 1.641%…
Dorchester Minerals NASDAQ: DMLP Bakken/Three Forks Example: 22-155N-94W, Mountrail Co. (149 net acres) Peak Avg. BPO APO Well Name (Operator) Election Rate NRI NRI (boepd) EN-Jeffrey 155-94-2215H-1 (Hess) Participate 5.825%…
Dorchester Minerals NASDAQ: DMLP Core Midland Basin Emerging Horizontal Wolfcamp Play Varying undivided interests in 200,000 acres Unleased below the Spraberry in numerous tracts Core Midland Basin Production (boepd) 600…
Dorchester Minerals NASDAQ: DMLP Core Midland Basin Example: Selected Upton/Midland County Holdings Varying undivided interests 4.2% interest in 42,800 gross acres Unleased below the Spraberry in numerous tracts Over 60…
Dorchester Minerals NASDAQ: DMLP Minerals NPI Minerals NPI Activity from Aug 2013 thru Sept 2014 Increased Capital Spending Increased Liquid Volumes Millions Daily Production Rate 30.0 10,000 20.0 10.0 0.0 1,000 (10.0)…
Dorchester Minerals NASDAQ: DMLP Minerals NPI Minerals NPI Activity from Aug 2013 thru Sept 2014 Cash on Hand 07/31/2013 5.0 MM Cumulative Revenue 24.4 MM Capital Commitments by Play Cumulative Expense (LOE, taxes, etc) ( 5.6…