State Mineral and Energy Board
STATE MINERAL BOARD RELEASES APRIL REPORT ON LEASES
Thursday, April 11, 1996
The State Mineral Board conducted a Lease Sale April 10, 1996 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 1995-96 Fiscal Year totals.
NOMINATED NOMINATED LEASES NO. OF AMOUNT OF CLASSIFICATION TRACTS ACREAGE AWARDED ACRES CASH PAYMENTS Lease Sale April 11, 1996 State Offshore Leases 18 24,986.700 8 6,497.977 $1,478,943.32 State Onshore Leases 51 67,251.175 10 3,505.210 515,776.45 State Dedicated Leases 5 10,618.840 2 2,710.240 546,113.36 State Agency Leases 14 1,677.000 11 886.800 142,361.52 TOTAL SALE 88 104,533.715 31 13,600.227 $2,683,194.65 1995-96 Fiscal Year State Offshore Leases 239 337,456.620 90 75,015.927 $14,250,435.32 State Onshore Leases 430 504,892.759 167 74,173.144 11,856,491.96 State Dedicated Leases 5 10,618.840 2 2,710.240 546,113.36 State Agency Leases 36 4,708.090 29 2,262.981 506,600.41 TOTAL YEAR TO DATE 710 857,676.309 288 154,162.292 $27,159,641.05Editors: For more information, please contact Gus Rodemacher, DNR Office of Mineral Resources at (504) 342-4607.
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