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DORCHESTER HUGOTON, LTD. ANNOUNCES CASH DISTRIBUTION

 DALLAS, Dec. 16 /PRNewswire/ -- Dorchester Hugoton, Ltd. (NASDAQ-NMS: DHULZ) announced today the Partnership's 43rd cash distribution since its formation in 1982. The distribution will be increased from five cents per unit to eight cents per unit for the fourth calendar quarter of 1992 and is payable on Jan. 15, 1993 to depositary receipt holders of record on Dec. 31, 1992.
 Dorchester Hugoton, Ltd., is a Dallas based producer of natural gas and its depositary receipts trade on the NASDAQ National Market System under the symbol DHULZ.
 -0- 12/16/92
 /CONTACT: Preston A. Peak, president of P.A. Peak, Inc., general partner, Dorchester Hugoton, Ltd., 214-340-3443/
 (DHULZ)


CO: Dorchester Hugoton, Ltd. ST: Texas IN: OIL SU: DIV

SH -- NY070 -- 7777 12/16/92 13:47 EST
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Publication:PR Newswire
Date:Dec 16, 1992
Words:126
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/C O R R E C T I O N -- DORCHESTER HUGOTON/ (Credit Ratings)

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