State Mineral and Energy Board

State Mineral Board reports December lease sale data

Monday, December 19, 2005

The State Mineral Board conducted its monthly Lease Sale on Dec. 14, 2005, at 10 a.m. in the Conservation and Mineral Resources Hearing Room of the LaSalle Office Building in Baton Rouge.

Below are the preliminary results of the lease sale and 2005-2006 Fiscal Year totals.

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

Lease Sale December 14, 2005
State Offshore Leases 6 9,473.840 3 626.080 $158,398.24
State Onshore Leases 69 79,424.550 28 7,236.210 $3,509,012.82
State Dedicated Leases 0 0.000 0 0.000 $0.00
State Agency Leases    0         0.000   0       0.000             $0.00
Total Sale 75 88,898.390 31 7,862.290 $3,667,441.06
           
2005-2006 Fiscal Year          
State Offshore Leases 114 113,054.600 28 13,047.570 $3,526,056.58
State Onshore Leases 417 452,213.150 161 34,027.420 $12,887,199.63
State Dedicated Leases 23 31,953.480 6 2,523.740 $1,175,604.00
State Agency Leases   16     4,723.201   16   2,895.550     $690,340.06
Total Year to Date 570 601,944.431 211 52,494.280 $18,279,200.27
           
Note: This Press Release does not include the bids on Tract Nos. 37877 & 37884 which were deferred at the 10/12/2005 sale for registration problems.
Note: 2005-2006 Fiscal Year totals do not include any "portions" that were leased after state lease sales.

 

 

Editors: For information, contact DNR Assistant Secretary Office of Mineral Resources Gus Rodemacher at225-342-4607 or Rick Heck at 225-342-6122.

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