State Mineral and Energy Board

State Mineral Board lists April lease figures

Thursday, April 10, 2008

The State Mineral Board conducted its monthly Lease Sale on April 9, 2008, in the Conservation and Mineral Resources Hearing Room of the LaSalle Office Building in Baton Rouge.

According to Mineral Board Secretary Marjorie McKeithen, the state receives over $1.3 million from the sale.

Below are the preliminary results of the April lease sale and 2007-2008 Fiscal Year totals.

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

Lease Sale April 9, 2008
State Offshore Leases 2 4,563.690 1 351.140 $80,762.20
State Onshore Leases 44 51,999.610 14 2,637.192 $1,035,835.22
State Dedicated Leases 0 0.000 0 0.000 $0.00
State Non-Dedicated Leases          
    Sabine Island WMA 0 0.000 0 0.000 $0.00
    White Lake Leases 0 0.000 0 0.000 $0.00
    State Agency Leases 13 554.760 8 364.960 $245,933.82
Total Sale 59 57,118.060 23 3,353.292 $1,362,531.24
         
2007-2008 Fiscal Year          
State Offshore Leases 72 133,364.670 27 20,018.220 $8,658,072.82
State Onshore Leases 417 431,545.894 149 41,373.794 $12,871,917.51
State Dedicated Leases 38 64,309.920 18 2,290.450 $761,994.73
State Non-Dedicated Leases          
    Sabine Island WMA 4 3,484.000 1 672.000 $272,160.00
    White Lake Leases 24 23,222.440 1 740.000 $900,950.00
    State Agency Leases 40 3,888.722 35 2,875.422 $1,287,996.09
Total Year to Date 595 659,815.646 231 67,969.886 $24,753,091.150

 

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