State Mineral and Energy Board

State Mineral Board reports January lease sale data

Thursday, January 12, 2006

The State Mineral Board conducted its monthly Lease Sale on Jan. 11, 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 January 11, 2006
State Offshore Leases 2 3,357.820 2 489.160 $153,938.35
State Onshore Leases 41 43,513.110 19 3,664.200 $1,294,009.59
State Dedicated Leases 0 0.000 0 0.000 $0.00
State Agency Leases    4      172.383   4    172.383     $87,372.45
Total Sale 47 47,043.313 25 4,325.743 $1,535,320.39
           
2005-2006 Fiscal Year          
State Offshore Leases 116 116,412.420 30 13,536.730 $3,679,994.93
State Onshore Leases 458 495,726.260 180 37,691.620 $14,181,209.22
State Dedicated Leases 23 31,953.480 6 2,523.740 $1,175,604.00
State Agency Leases   20     4,895.584   20   3,067.933     $777,712.51
Total Year to Date 617 648,987.744 236 56,820.023 $19,814,520.66
           
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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