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Dorchester Hugoton, Ltd. (DHULZ) Message Board

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  • rrb1981 rrb1981 Apr 22, 2001 5:59 PM Flag

    Only 10 years left of production?

    Well lets hope we have at least 10 solid years of production and then maybe another 10 years of declining production. I just want this one to milk it for the distribution and it has lots of upside if nat gas shoots up and stays up for say a year or two then distribution shoots up due to law mandating 95% of income must be passed on to unit holders. Sure would be nice if we would hit 10% either through anothr dist. increase or unit decrease(yikes, di I say that) in which case I'll buy more. Thanks again for info. By the way, do you reinvest distributions?

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    • Since I am retired, I spend the distribution. Someone with a longer view, especially if DHULZ is in an IRA, should be investing the distribution while looking forward toward retirement.
      I am very positive about the natural gas business as you can conclude. It is one of the very few areas with attractive investment features. Especially when considering how our national energy crisis is expanding beyond the CA borders. Last week, Sierra Pacific Power (NV power co.) passed their quarterly dividend for the first time in about 80 years. That is "trouble coming down the road".