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State Mineral and Energy Board announces results of August Lease Sale

Baton Rouge- The Louisiana Mineral and Energy Board conducted its monthly meeting and lease sale on Wednesday, August 11, 2021 remotely via Zoom conference. 

The Board collected $580,734 in bonus revenue for the August lease sale. The current 2021-2022 total bonus payment is approximately $875,036. At this month’s lease sale, there were 6 leases covering 1,494 acres sold. The leases were located in Caddo and Vermilion parishes. 

The total bonus payments to the state for the previous fiscal year, 2020-2021, amounted to $7 million.

August 2021 Lease Sale Results