State Mineral and Energy Board

State Mineral Board reports February lease sale data

Thursday, February 9, 2006

The State Mineral Board conducted its monthly Lease Sale on Feb. 8, 2006, 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 February 8, 2006
State Offshore Leases 0 0.000 0 0.000 $0.00
State Onshore Leases 16 14,561.180 13 3,033.990 $1,443,872.40
State Dedicated Leases 8 12,821.280 3 1,466.730 $679,208.74
State Agency Leases    5      392.930   5    392.930     $135,960.10
Total Sale 29 27,775.390 21 4,893.650 $2,259,041.24
           
2005-2006 Fiscal Year          
State Offshore Leases 116 116,412.420 30 13,536.730 $3,679,994.93
State Onshore Leases 474 510,287.440 195 41,190.610 $15,660,337.62
State Dedicated Leases 31 44,774.760 9 3,990.470 $1,854,812.74
State Agency Leases   25     5,288.514   25   3,460.863     $913,672.61
Total Year to Date 646 676,763.134 259 62,178.673 $22,108,817.90
           
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 Rick Heck at 225-342-6122 or DNR Assistant Secretary Office of Mineral Resources Gus Rodemacher at 225-342-4607.

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