State Mineral and Energy Board

MINERAL BOARD RELEASES JUNE FIGURES

Thursday, June 15, 2000

 

The State Mineral Board conducted a Lease Sale June 14, 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 June 14, 2000
State Offshore Leases 0 15,467.330 4 1,175.770 $205,759.75
State Onshore Leases 71 33,569.952 36 8,453.500 2,294,933.14
State Dedicated Leases 0 0.000 0 0.000 0.00
State Agency Leases 5 849.467 4 179.467 26,100.75
 
TOTAL SALE 85 49,886.749 44 9,808.737 $2,526,793.64
 
1999-2000 Fiscal Year
State Offshore Leases 146 210,046.590 40 24,550.060 $6,464,638.93
State Onshore Leases 491 503,653.753 215 43,629.900 10,733,456.03
State Dedicated Leases 4 5,106.510 2 328.660 183,634.36
State Agency Leases 57 11,063.269 38 4,542.062 699,552.48
 
TOTAL YEAR TO DATE
698
729,870.122
295
73,050.682
$18,081,281.80

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

 

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