State Mineral and Energy Board

MINERAL BOARD RELEASES NOVEMBER FIGURES

Monday, November 13, 2000

 

The State Mineral Board conducted a Lease Sale November 8, 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 November 8, 2000
State Offshore Leases 27 41,170.580 5 2,196.290 $567,369.87
State Onshore Leases 44 38,751.040 26 8,397.350 1,921,263.87
State Dedicated Leases 7 6,864.870 1 690.000 384,330.00
State Agency Leases 6 1,198.410 2 87.500 42,075.00
 
TOTAL SALE 84 87,984.900 34 11,371.140 $2,915,038.74
 
2000-2001 Fiscal Year
State Offshore Leases 63 101,768.600 13 7,517.300 $1,536,196.79
State Onshore Leases 216 189,087.195 100 25,714.623 7,278,695.96
State Dedicated Leases 13 7,911.970 2 1,009.560 504,804.12
State Agency Leases 22 5,139.066 8 411.380 133,769.84
 
TOTAL YEAR TO DATE
314
303,906.831
123
34,652.863
$9,453,466.71
 

Editors: For more information, please call Gus Rodemacher at (225) 342-4607 or Sandra Bailey at 342-4608.

 

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