Lease Sales

State Lease Sale at 30 for Start of 2001-2002 Fiscal Year

Thursday, July 26, 2001

The State Mineral Board conducted a Lease Sale July 11, 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 for the month of July. Thirty mineral leases were awarded in this new 2001-2002 fiscal year starting July 1.

CLASSIFICATION
NOMINATED 
TRACTS
NOMINATED
ACREAGE
LEASES
AWARDED
NO. OF
ACRES
AMOUNT OF
CASH PAYMENTS
Lease Sale July 11, 2001
State Offshore Leases
11
13,811.060
6
3,878.240
$983,201.11
State Onshore Leases
27
9,830.240
21
3,149.540
1,164,451.00
State Dedicated Leases
6
1,191.080
1
190.000
68,210.00
State Agency Leases
4
1,557.254
2
523.000
168,065.00
TOTAL SALE
48
29,629.634
30
7,740.780
$2,383,927.11

Editors: For more information, please contact Gus Rodemacher at 225-342-4607 or Rick Heck at 342-6122.

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