State Mineral and Energy Board

MINERAL BOARD RELEASES MAY FIGURES

Thursday, May 11, 2000

 

The State Mineral Board conducted a Lease Sale May 11, 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 May 11, 2000
State Offshore Leases 0 0.000 0 0.000 $0.00
State Onshore Leases 41 54,858.284 17 2,601.684 565,438.80
State Dedicated Leases 0 0.000 0 0.000 0.00
State Agency Leases 3 910.010 1 80.000 6,400.00
 
TOTAL SALE 44 55,768.294 18 2,681.684 $571,838.80
 
1999-2000 Fiscal Year
State Offshore Leases 137 194,579.260 36 23,374.290 $6,258,879.18
State Onshore Leases 420 470,083.801 179 35,176.400 8,438,522.89
State Dedicated Leases 4 5,106.510 2 328.660 183,634.36
State Agency Leases 52 10,213.802 34 4,362.595 673,451.73
 
TOTAL YEAR TO DATE
613
679,983.373
251
63,241.945
$15,554,488.16

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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