State Mineral and Energy Board

April Lease Sale Reported by State Mineral Board

Tuesday, April 15, 2003

The State Mineral Board conducted a Lease Sale April 9, 2003, at 10 a.m. in the Conservation & Mineral Resources Hearing Room located in the LaSalle Office Building in Baton Rouge. Below are the preliminary results of the Lease Sale and 2002-2003 Fiscal Year totals.

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

Lease Sale April 9, 2003

State Offshore Leases

12

22,102.880

2

1,602.260

$1,225,565.00

State Onshore Leases

22

18,817.790

9

1,976.710

700,251.86

State Dedicated Leases

5

12,500.000

3

1,959.350

699,487.95

State Agency Leases

  4

     671.590

  4

   671.590

     108,460.00

TOTAL SALE

43

54,092.260

18

6,209.910

$2,733,764.81
 

2002-2003 Fiscal Year

State Offshore Leases

168

238,260.115

41

15,683.560

$6,156,574.90

State Onshore Leases

657

904,118.241

206

54,001.170

12,296,179.00

State Dedicated Leases

19

35,850.130

5

2,508.430

899,483.95

State Agency Leases

  23

      2,419.128

  21

  1,369.754

       312,252.99

TOTAL YEAR TO DATE

867

1,180,647.614

273

73,562.914

$19,664,490.84

Editors: For more information, call Assistant Secretary DNR Office of Mineral Resources Gus Rodemacher at 225-342-4607 or Sandra Bailey at 225-342-4608. 

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