Mineral Board Announces September 2005 Lease Sale Results

The State Mineral Board conducted its monthly lease sale on Wednesday, September 14, 2005, at 10 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.

CLASSIFICATION	NOMINATED TRACTS	NOMINATED ACREAGE	LEASES AWARDED	NO. OF ACRES	AMOUNT OF CASH PAYMENTS
Lease Sale September 14, 2005
State Offshore Leases	25	31,169.230	10	7,698.040	$1,524,191.02
State Onshore Leases	71	71,412.750	22	7,255.660	$2,769,251.21
State Dedicated Leases	11	21,037.800	6	2,523.740	$1,175,604.00
State Agency Leases	3	1,762.500	3	522.500	$134,100.00
Total Sale	110	125,382.280	41	17,999.940	$5,603,146.23

2005-2006 Fiscal Year
State Offshore Leases	67	85,409.880	25	11,267.380	$3,011,978.25
State Onshore Leases	274	324,314.170	90	21,208.130	$7,631,211.64
State Dedicated Leases	20	31,833.480	6	2,523.740	$1,175,604.00
State Agency Leases	10	1,896.610	10	629.040	$155,623.60
Total Year to Date	371	443,454.140	131	35,628.290	$11,974,417.49

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.