State Mineral and Energy Board

October Lease Sales Announced by Mineral Board

Thursday, October 20, 2005

The State Mineral Board conducted its monthly Lease Sale on October 12, 2005, at 10 a.m. in the Conservation and Mineral Resources Hearing Room located in the LaSalle Office Building in Baton Rouge.

Below are the preliminary results of the lease sale.

Classification

Nominated

Nominated

Leases

No. of

Amount of

 

Tracts

Acreage

Awarded

Acres

Cash Payments

 

 

 

 

 

 

Lease Sale Oct. 12, 2005

 

 

 

 

 

State Offshore Leases

  4

8,652.910

 2

1,491.880

$399,078.33

State Onshore Leases

  27

8,458.380

      23

1,989.620

$440,666.82

State Dedicated Leases

   0

0.000

0

0.000

$0.00

State Agency Leases

   4

2,096.300

4

2,096.300

$484,291.86

Total Sale

  35

19,207.590

29

5,577.800

$1,324,037.01

2005-2006 Fiscal year

 

 

 

 

 

State Offshore Leases

102

94,062.790

27  

12,759.260

$3,411,056.58

State Onshore Leases

301

332,772.550

     113

23,197.750

$8,071,878.46

State Dedicated Leases

  20

31,833.480

6

2,523.740

$1,175,604.00

State Agency Leases

  14

3,992.910

14

2,725.340

$639,915.46

Total Year to Date

437

462,661.730

     160

41,206.090

$13,298,454.50

 

Editors: For information, contact Rick Heck at 225-342-6122 or DNR Assistant Secretary Office of Mineral Resources Gus Rodemacher at 225-342-4607.

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