State Mineral and Energy Board

Mineral Board Holds February Meeting

Friday, February 13, 2004

The State Mineral Board conducted a Lease Sale February 11, 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.

Classification

Nominated

Nominated

Leases

No. of

Amount of

 

Tracts

Acreage

Awarded

Acres

Cash Payments

           

Lease Sale Feb. 11,  2004

         

State Offshore Leases

    36

61,848.010

8

7,615.960

$2,328,937.12

State Onshore Leases

    62

57,197.410

      21

5,703.488

$1,769,825.37

State Dedicated Leases

      5

12,381.440

0

0.000

$0.00

State Agency Leases             

      5

    1,404.247

3

273.947

$50,222.97

Total Sale

    108

132,831.107

      32

13,593.395

$4,148,985.46

 
 

2003-2004 Fiscal Year

State Offshore Leases

124

213,386.620

32

20,526.630

$5,282,603.12

State Onshore Leases

424

460,704.920

     148

31,127.578

$9,594,204.36

State Dedicated Leases

33

45,440.190

11

4,250.170

$1,267,221.34

State Agency Leases

33

2,853.719

24

1,430.449

$258,590.24

Total Year to Date

614

722,385.449

215

57,334.827

$16,402,619.06


Editors: For more information, contact Betty Landry (225) 342-3359 or Assistant Secretary DNR Office of Mineral Resources Gus Rodemacher at (225) 342-4607.

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