State Mineral and Energy Board

MINERAL BOARD RELEASES APRIL FIGURES

Friday, April 14, 2000

The State Mineral Board conducted a Lease Sale April 12, 2000 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 1999-2000 Fiscal Year totals.

NOMINATED NOMINATED LEASES NO. OF AMOUNT OF
CLASSIFICATION TRACTS ACREAGE AWARDED ACRES CASH PAYMENTS
Lease Sale April 12, 2000
State Offshore Leases 0 0.000 0 0.000 $0.00
State Onshore Leases 20 16,180.229 10 1,495.186 466,744.52
State Dedicated Leases 0 0.000 0 0.000 0.00
State Agency Leases 6 673.460 3 150.000 28,186.00
TOTAL SALE 26 16,853.689 13 1,645.186 $494,930.52
1999-2000 Fiscal Year
State Offshore Leases 137 194,579.260 36 23,374.290 $6,258,879.18
State Onshore Leases 379 415,225.517 162 32,574.716 7,873,084.09
State Dedicated Leases 4 5,106.510 2 328.660 183,634.36
State Agency Leases 49 9,303.792 33 4,282.595 667,051.73
TOTAL YEAR TO DATE
569
624,215.079
233
60,560.261
$14,982,649.36

Editors: For more information, please call Betty Landry at 225-342-3359 or DNR Public Information at 342-8955.

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