State Mineral and Energy Board

MINERAL BOARD RELEASES DECEMBER FIGURES

Wednesday, December 13, 2000

The State Mineral Board conducted a Lease Sale December 13, 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 2000-2001 Fiscal Year totals.

NOMINATED NOMINATED LEASES NO. OF AMOUNT OF
CLASSIFICATION TRACTS ACREAGE AWARDED ACRES CASH PAYMENTS
Lease Sale December 13, 2000
State Offshore Leases 27 38,119.760 5 3,080.260 $727,558.92
State Onshore Leases 45 53,743.900 31 10,855.510 3,075,305.14
State Dedicated Leases 0 0.000 0 0.000 0.00
State Agency Leases 3 47.000 3 23.000 5,640.00
TOTAL SALE 75 91,910.660 39 13,958.770 $3,808,504.06
2000-2001 Fiscal Year
State Offshore Leases 90 139,888.360 18 10,597.560 $2,263,755.71
State Onshore Leases 261 242,831.095 131 36,570.133 10,354,001.10
State Dedicated Leases 13 7,911.970 2 1,009.560 504,804.12
State Agency Leases 25 5,186.066 11 434.380 139,409.84
TOTAL YEAR TO DATE
314
395,817.491
162
48,611.633
$13,261,970.77

Editors: For more information, please call Gus Rodemacher at (225) 342-4607 or Rick Heck at 342-6122.

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