State Mineral and Energy Board
MAY MINERAL LEASE SALE ANNOUNCED BY BOARD
Tuesday, May 15, 2001
The State Mineral Board conducted a Lease Sale May 9, 2001, 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 2000-2001 Fiscal Year totals.
| NOMINATED | NOMINATED | LEASES | NO. OF | AMOUNT OF | |
| CLASSIFICATION | TRACTS | ACREAGE | AWARDED | ACRES | CASH PAYMENTS |
| Lease Sale April 11, 2001 | |||||
| State Offshore Leases |
10
|
14,681.390
|
5
|
1,463.260
|
$541,131.46
|
| State Onshore Leases |
45
|
49,242.890
|
20
|
4,123.640
|
$1,348,891.94
|
| State Dedicated Leases |
11
|
17,619.540
|
5
|
1,718.640
|
$658,105.20
|
| State Agency Leases |
1
|
45.000
|
1
|
45.000
|
$13,995.00
|
| TOTAL SALE |
67
|
81,588.820
|
31
|
7,350.540
|
$2,562,123.60
|
|
2000-2001 Fiscal Year
|
|||||
| State Offshore Leases |
236
|
358,819.860
|
56
|
31,335.627
|
$6,833,967.36
|
| State Onshore Leases |
561
|
625,851.203
|
255
|
72,830.316
|
$21,870,652.00
|
| State Dedicated Leases |
47
|
58,394.170
|
9
|
3,396.020
|
$1,493,595.49
|
| State Agency Leases |
44
|
10,876.886
|
21
|
1,161.950
|
$515,977.24
|
| TOTAL YEAR TO DATE |
888
|
1,053,942.119
|
341
|
108,723.913
|
$30,714,192.09
|
Editors: For more information, please call Gus Rodemacher at (225) 342-4607 or Sandra Bailey at 342-4608.
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