Dorchester Minerals, L.p. · NASDAQ:DMLP
Dorchester Minerals, L.p — Corporate Update (November 2020)
8 slides from Dorchester Minerals, L.p's corporate update, Nov 24, 2020
Slide 1: Mid-Year Update
Dorchester Minerals, LP MID-YEAR UPDATE November 24, 2020
Slide 2: Forward-Looking Statements
Dorchester Minerals, L.P. DMLP Forward-Looking Statements Portions of this presentation may constitute, and our officers and representatives from time to time may make, "forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act
Slide 3: 2020 Mid-Year Update
Dorchester Minerals, L.P. DMLP 2020 Mid-Year Update Royalty Update Prices have improved since Q2 2020, however many challenges remain + Without support from new activity natural production declines are steep + Permian production curtailments have largely been restored + Continue to add new wells, al
Slide 4: Total Production
Dorchester Minerals, L.P. DMLP IASDAQ® Total Production Daily Oil Rate (boed) Daily Gas Rate (Mcfd) Daily Plant Products Rate (boed) 100,000 100,000 10,000 + 10,000 Dashed lines indicate ane historical volumes excluding si recent divestitures 100 100 2014 2015 2016 2017 2018 2019 2020 Tote: Producti
Slide 5: Royalty Production and NPI Production
Dorchester Minerals, L.P. DMLP ‘*waspaae Royalty Production NPI Production * Oil deciine in Permian has been offset by new + Qi 2020: Large increase in oll volumes activity, plus incremental from Bakken attributable to a single Bakken unit * Gas decline has been suppressed by associated * Q2 2020: D
Slide 6: New Well Activity
Dorchester Minerals, L.P. New Well Activity Gross Wells 250 200 150 100 sO ° Q4 2019 Qi 2020 Q2 2020 Q3 2020 Royalty NPI {_ Gross Wells _| 114 it 238 I 107 [ 116 ] [Net wells [064 [| 252 I 0.97 0.76 | Tote: Wel court boree on Wratrevenue recep nthe Indeated period, Welr cortaminguom Rayahy ond NOVin
Slide 7: Daily Production by Play
Dorchester Minerals, L.P. DMLP /*NASDAQ® Daily Production (boed) Bakken/Three Forks 3,000, + Early 2020 dominated by development of NOPEEOHNE MReieters MESURE) Pittsburgh-Uhiman unit in McKenzie Co, ND. 2,000 Saas + Production decreased dramatically in April 6 and May 2020 due to curtailments . . re
Slide 8: Mid-Year Update
Dorchester Minerals, LP MID-YEAR UPDATE November 24, 2020
Dorchester Minerals — Corporate Update (November 2020) on 6ix