State Mineral and Energy Board

Mineral Board Holds August 2005 Lease Sale

Friday, August 19, 2005

The State Mineral Board conducted its monthly lease sale on Wednesday, August 10, 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.

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

Lease Sale August 10, 2005
State Offshore Leases 19 32,280.090 12 2,529.460 $745,069.95
State Onshore Leases 84 122,208.400 27 2,892.170 $1,089,521.92
State Dedicated Leases 9 10,795.680 0 0.000 $0.00
State Agency Leases     1         10.000   1      10.000       $1,500.00
Total Sale 113 165,294.170 40 5,431.630 $1,836,091.87
           
2005-2006 Fiscal Year          
State Offshore Leases 42 54,240.650 15 3,569.340 $1,487,787.23
State Onshore Leases 203 252,901.420 68 13,952.470 $4,861,960.43
State Dedicated Leases 9 10,795.680 0 0.000 $0.00
State Agency Leases     7       134.110   7      96.540     $21,523.60
Total Year to Date 261 318,071.860 90 17,628.350 $6,371,271.26
           
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.

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