Office of Mineral Resources

Leasing Manual

How to Acquire a Mineral Lease on State and State Agency Lands and Water Bottoms in the State of Louisiana

 

Step 7: Examination and Evaluation of Bids for State and State Agency Mineral Leases
   
A. Summary of the Advertisement Process

Sealed bids shall be publicly opened and read aloud at the time and date advertised for the public opening of bids (generally the lease sale date at which the tract is offered) in the LaBelle Room, also known as the Conservation and Mineral Resources Hearing Room, located on the 1st Floor of the LaSalle Building at 617 North 3rd Street, Baton Rouge, Louisiana.  The bids are examined and evaluated by the State Mineral & Energy Board staff to confirm compliance with legal, procedural and technical requirements, as well as with any current policies and practices, based on geological, engineering and other data and analyses available to it. LSA-R.S. 30:127.