DECEMBER MINERAL LEASE SALE ANNOUNCED BY BOARD

The State Mineral Board conducted a Lease Sale December 8, 1999, 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 1999-2000 Fiscal Year totals.

CLASSIFICATION	NOMINATED TRACTS	NOMINATED ACREAGE	LEASES AWARDED	NO. OF ACRES	AMOUNT OF CASH PAYMENTS
Lease Sale December 8, 1999
State Offshore Leases	12	18,974.360	3	2,675.330	$582,610.90
State Onshore Leases	22	33,556.470	11	2,457.470	554,184.62
State Dedicated Leases	0	0.000	0	0.000	0.00
State Agency Leases	6	820.220	4	680.220	154,824.40
TOTAL SALE	40	53,351.050	18	5,813.020	$1,291,619.92

1999-2000 Fiscal Year
State Offshore Leases	77	101,910.100	25	13,804.210	$3,406,931.61
State Onshore Leases	212	225,157.360	84	13,990.902	2,866,357.42
State Dedicated Leases	4	5,106.510	2	328.660	183,634.36
State Agency Leases	35	6,445.803	25	3,263.076	414,245.02

TOTAL YEAR TO DATE	328	338,619.773	136	31,386.848	$6,871,168.41

Editors: For more information, please call Gus Rodemacher at (225) 342-4607 or Betty Landry at (225) 342-3359.