State Mineral and Energy Board

Lease Sale Results for June Announced by Mineral Board

Thursday, June 10, 2004

The State Mineral Board conducted a Lease Sale June 9, 2004, at 10:00 a.m. in the Conservation and Mineral Resources Hearing Room located in the LaSalle Office Building in Baton Rouge. Below are the preliminary results of the Lease Sale and 2003-2004 Fiscal Year totals.

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

Lease Sale June 9, 2004
State Offshore Leases 0 0.000 0 0.000 $0.00
State Onshore Leases 93 118,037.070 17 4,546.570 $1,355,427.72
State Dedicated Leases 4 6,844.590 3 953.000 $570,224.56
State Agency Leases     4          95.620   4        44.620      $17,181.24
Total Sale 101 124,977.280 24 12,678.048 $3,206,590.60
           
2003-2004 Fiscal Year          
State Offshore Leases 150 250,272.840 44 30,420.100 $7,755,059.70
State Onshore Leases 659 783,512.200 224 55,765.406 $15,200,012.15
State Dedicated Leases 41 60,012.940 14 5,962.770 $2,179,841.90
State Agency Leases   42        4,170.384   34   1,927.872      $433,109.30
Total Year to Date 892 1,097,968.364 317 94,076.148 $25,568,023.05
Editors: For more information, contact Rick Heck at (225) 342-6122 or Assistant Secretary DNR Office of Mineral Resources Gus Rodemacher at (225) 342-4607.

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