Office of Mineral Resources

June Lease Sale Reported by State Mineral Board

Wednesday, June 19, 2002

Baton Rouge—The State Mineral Board conducted a Lease Sale June 12, 2002 at 10:00 a.m. in the Conservation & Mineral Resources Hearing Room located in the LaSalle Office Building in Baton Rouge. Below are the preliminary results of the Lease Sale and 2001-2002 Fiscal Year totals.

CLASSIFICATION NOMINATED
TRACTS		 NOMINATED
ACREAGE		 LEASES
AWARDED		 NO. OF
ACRES		 AMOUNT OF
CASH PAYMENTS
Lease Sale June 12, 2002
State Offshore Leases 1 1,681.685 0 0.000 $0.00
State Onshore Leases 54 54,589.450 31 6,847.790 1,434,567.43
State Dedicated Leases 0 0.000 0 0.000 0.00
State Agency Leases 27 1,146.763 27 1,146.763 254,760.28
TOTAL SALE 82 57,417.898 58 7,994.553 $1,689,327.71
 
2001-2002 Fiscal Year
State Offshore Leases 165 235,153.225 50 23,380.200 $6,262,028.55
State Onshore Leases 666 887,590.790 248 64,968.470 17,111,432.10
State Dedicated Leases 33 36,610.776 10 1,266.490 587,824.05
State Agency Leases 60 7,008.021 49 2,920.287 848,941.26
TOTAL YEAR TO DATE 924 1,166,362.812 357 92,535.447 $24,810,225.96

Editors: For more information, call Assistant Secretary of the DNR Office of Mineral Resources Gus Rodemacher at 225-342-4607 or Sandra Bailey at 225-342-4608.

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