Office of Mineral Resources

Mineral Board Lease Sale Data Released for January

Wednesday, January 16, 2002

Baton Rouge—The State Mineral Board conducted a Lease Sale January 9, 2002 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 2001-2002 Fiscal Year totals. 

Classification Nominated Tracts Nominated Acreage Leases Awarded No. of Acres Amount of Cash Payments

Lease Sale  January 9, 2001

          
State Offshore Leases 24 38,429.040 2 373.160 $187,585.72
State Onshore Leases 54 42,783.750 19 3,786.180 $935,479.11
State Dedicated Leases 3 1,770.220 3 501.060 268,512.00
State Agency Leases 2 6.000 1 6.000 900.00
           
TOTAL 83 82,989.010 25 4,666.400 $1,392,476.83
2001-2002 Fiscal Year          
State Offshore Leases 116 176,516.520 34 15,474.410 $4,090,599.30
State Onshore Leases 350 365,481.090 136 29,725.00 7,900,400.28
State Dedicated Leases 29 29,946.410 10 1,266.490 587,824.05
State Agency Leases 18 3,480.508 12 960.264 291,097.80
           
Total Year to Date 513 575,424.528 192 47,426.164 $12,869,921.43

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

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