State Mineral and Energy Board

Mineral Board Holds February 2005 Lease Sale

Monday, February 14, 2005

The State Mineral Board conducted its monthly Lease Sale on Wednesday, February 9, 2005, at 10 a.m. in the Conservation and Mineral Resources Hearing Room of the LaSalle Office Building in Baton Rouge.

Below are the preliminary results of the lease sale.

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

Lease Sale February 9, 2005
State Offshore Leases 15 29,591.790 3 2,164.310 $647,536.07
State Onshore Leases 92 108,432.364 37 11,943.334 $4,260,474.55
State Dedicated Leases 11 15,665.980 3 649.000 $423,014.08
State Agency Leases   21     1,544.395   8     391.068     $137,491.08
Total Sale 139 155,224.529 51 15,147.712 $5,468,515.78
           
2004-2005 Fiscal Year          
State Offshore Leases 112 169,637.480 49 18,587.600 $8,833,298.31
State Onshore Leases 583 679,465.776 231 44,827.026 $13,392,217.26
State Dedicated Leases 45 66,764.840 18 5,499.120 $2,651,853.51
State Agency Leases    42     5,350.618    21   1,110.251      $250,558.52
Total Year to Date 782 921,218.714 319 70,023.997 $25,127,927.60

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

News Archives »