State Mineral and Energy Board

December Lease Sale Results Announced by Mineral Board

Monday, December 13, 2004

The State Mineral Board conducted its monthly Lease Sale on Dec. 8, 2004, at 10 a.m. in the Conservation and Mineral Resources Hearing Room located in the LaSalle Building in Baton Rouge.

Gov. Kathleen Blanco appointed Robert S. Noel, II of Monroe, LA, to serve on the State Mineral Board on Nov. 14, 2004. Noel attended the December meeting, and his membership now completes the makeup of the ten-member board.

Below are the preliminary results of the lease sale.

CLASSIFICATIONNOMINATED
TRACTS		NOMINATED
ACREAGE		LEASES
AWARDED		NO. OF
ACRES		AMOUNT OF
CASH PAYMENTS

Lease Sale December 8, 2004
State Offshore Leases 12 20,151.560 0 0.000 $0.00
State Onshore Leases 55 27,289.984 28 3,085.414 $901,309.45
State Dedicated Leases 0 0.000 0 0.000 $0.00
State Agency Leases     5       413.760   4     395.760      $51,590.00
Total Sale 72 47,855.304 32 3,481.174 $952,899.45
           
2004-2005 Fiscal Year          
State Offshore Leases 90 131,437.200 40 14,092.050 $7,418,035.81
State Onshore Leases 456 553,857.392 178 32,063.622 $8,896,339.71
State Dedicated Leases 31 49,224.370 14 4,530.020 $2,113,283.33
State Agency Leases    19     2,595.163    13     719.183      $113,067.44
Total Year to Date 596 737,114.125 245 51,404,875 $18,540,726.29

Editors: For information, contact Rick Heck at 225-342-6122 or DNR Assistant Secretary Office of Mineral Resources Gus Rodemacher at 225-342-4607.

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