State Mineral and Energy Board

Mineral Board Holds June Lease Sale

Monday, June 13, 2005

The State Mineral Board conducted its monthly Lease Sale on Wednesday, June 8, 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 June 8, 2005

State Offshore Leases 34 68,157.170 8 3,223.980 $1,032,864.37
State Onshore Leases 40 32,138.770 24 3,554.580 $1,120,527.37
State Dedicated Leases 11 23,085.840 0 0.000 $0.00
State Agency Leases     9       403.360   8     307.360    $155,152.60
Total Sale 94 123,785.140 40 7,085.920 $2,308,544.34
           
2004-2005 Fiscal Year          
State Offshore Leases 193 302,713.790 70 26,503.430 $11,638,285.97
State Onshore Leases 765 857,471.105 322 68,329.457 $23,034,240.06
State Dedicated Leases 66 97,463.170 21 6,920.270 $3,285,939.81
State Agency Leases    58       7,374.898    34   2,965.701      $856,517.45
Total Year to Date 1,082 1,265,022.963 447 104,718.858 $38,814,983.29

 

 

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

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