State Mineral and Energy Board

September 2004 Lease Sale Announced by Mineral Board

Friday, September 10, 2004

The State Mineral Board conducted its monthly Lease Sale on September 8, 2004, 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.

CLASSIFICATIONNOMINATED
TRACTS
NOMINATED
ACREAGE
LEASES
AWARDED
NO. OF
ACRES
AMOUNT OF
CASH PAYMENTS

Lease Sale September 8, 2004

State Offshore Leases 20 25,670.690 7 3,565.590 $1,129,757.65
State Onshore Leases 122 192,508.861 37 6,546.891 $1,863,231.38
State Dedicated Leases 6 6,231.340 2 423.280 $179,389.18
State Agency Leases     2       644.150   1        3.230        $1,214.48
Total Sale 150 225,055.041 47 10,538.991 $3,173,592.69
           
2004-2005 Fiscal Year          
State Offshore Leases 45 62,406.640 14 6,023.530 $2,071,693.14
State Onshore Leases 238 320,282.681 77 15,953.221 $4,573,267.44
State Dedicated Leases 18 24,300.990 7 940.700 $504,467.52
State Agency Leases    11     1,535.533     8     320.553      $58,470.44
Total Year to Date 312 408,525.844 106 23,238.004 $7,207,898.54

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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