State Mineral and Energy Board

JUNE MINERAL LEASE SALE ANNOUNCED BY BOARD

Tuesday, June 19, 2001

The State Mineral Board conducted a Lease Sale June 13, 2001, at 10:00 a.m. in the Mineral Board Hearing Room located in the State Land and Natural Resources Building in Baton Rouge. Below are the preliminary results of the Lease Sale and 2000-2001 Fiscal Year totals.

NOMINATED NOMINATED LEASES NO. OF AMOUNT OF
CLASSIFICATION TRACTS ACREAGE AWARDED ACRES CASH PAYMENTS
Lease Sale June 13, 2001
State Offshore Leases
9
9,978.670
4
1,649.770
$652,955.17
State Onshore Leases
95
137,959.190
25
10,407.820
$1,535,811.13
State Dedicated Leases
1
1,115.330
0
0.000
$0.00
State Agency Leases
6
187.128
5
177.128
$43,804.41
TOTAL SALE
111
149,240.318
34
12,234.718
$2,356,445.71
2000-2001 Fiscal Year
State Offshore Leases
245
368,798.530
60
32,985.397
$7,486,922.53
State Onshore Leases
656
763,810.393
280
83,238.136
$23,530,338.13
State Dedicated Leases
48
59,509.500
9
3,396.020
$1,493,595.49
State Agency Leases
50
11,064.014
26
1,339.078
$559,781.65
TOTAL YEAR TO DATE
999
1,203,182.437
375
120,958.631
$33,070,637.80

Editors: For more information, please call Gus Rodemacher at (225) 342-4607 or Sandra Bailey at 342-4608.

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