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Mineral and Energy Board Lease Sale Brings $1.3 million in October

BATON ROUGE- The State Mineral and Energy Board conducted its monthly meeting and lease sale Wednesday, October 10^th in the LaBelle Room of the LaSalle Office Building in Baton Rouge. The Board collected $1.3 million in bonuses in the October lease sale, bringing the new Fiscal Year ‘12-13, total collected to $7.1 million. 

At this month’s lease sale, the Board awarded 12 leases covering 2,989 acres, out of 50 nominated tracts covering more than 81,192 acres.

The Board sold leases in Plaquemines and St. Mary parishes.

October Lease Sale Results