State Mineral and Energy Board

SEPTEMBER MINERAL LEASE SALE ANNOUNCED BY BOARD

Saturday, September 15, 2001

The State Mineral Board conducted a Lease Sale September 13, 2001, 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 2001-2002 Fiscal Year totals.

NOMINATED NOMINATED LEASES NO. OF AMOUNT OF
CLASSIFICATION TRACTS ACREAGE AWARDED ACRES CASH PAYMENTS
Lease Sale September 12, 2001
State Offshore Leases
1
1,781.740
0
0.000
$0.00
State Onshore Leases
55
45,480.290
31
6,206.180
$1,589,795.96
State Dedicated Leases
1
2,393.000
1
92.000
$33,212.00
State Agency Leases
1
5.044
1
5.044
$10,592.40
TOTAL
60
49,674.074
33
6,303.224
$1,633,600.36
2001-2002 Fiscal Year
State Offshore Leases
62
89,283.670
24
11,735.450
$2,922,288.17
State Onshore Leases
105
85,390.880
60
13,166.010
$3,543,661.72
State Dedicated Leases
12
8,176.690
3
436.000
$182,272.00
State Agency Leases
7
1,722.298
4
648.044
$186,457.40
TOTAL YEAR TO DATE
188
187,827.538
91
25,985.504
$6,834,679.29

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

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