January Mineral Lease Sale Results Issued

The State Mineral Board conducted a Lease Sale January 14, 2004, at 10:00 a.m. in the Conservation and Mineral Resources Hearing Room located in the LaSalle Office Building in Baton Rouge. Below are the preliminary results of the Lease Sale and 2003-2004 Fiscal Year totals.

CLASSIFICATION	NOMINATED TRACTS	NOMINATED ACREAGE	LEASES AWARDED	NO. OF ACRES	AMOUNT OF CASH PAYMENTS
Lease Sale January 14, 2004
State Offshore Leases	20	38,299.230	3	1,489.800	$436,073.94
State Onshore Leases	51	58,238.550	14	2,399.240	$729,978.01
State Dedicated Leases	4	5,604.360	0	0.000	$0.00
State Agency Leases	5	170.853	4	163.291	$43,704.00
Total Sale	80	102,312.993	21	4,052.331	$1,209,755.95

2003-2004 Fiscal Year
State Offshore Leases	88	151,538.610	24	12,910.670	$2,953,666.00
State Onshore Leases	362	403,507.510	127	25,424.090	$7,824,378.99
State Dedicated Leases	28	33,058.750	11	4,250.170	$1,267,221.34
State Agency Leases	28	1,449.472	21	1,156.502	$208,367.27
Total Year to Date	506	589,554.342	183	43,741.432	$12,253,633.60

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