Mineral Board Holds February Meeting

The State Mineral Board conducted a Lease Sale February 11, 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	Nominated	Leases	No. of	Amount of
	Tracts	Acreage	Awarded	Acres	Cash Payments

Lease Sale Feb. 11, 2004
State Offshore Leases	36	61,848.010	8	7,615.960	$2,328,937.12
State Onshore Leases	62	57,197.410	21	5,703.488	$1,769,825.37
State Dedicated Leases	5	12,381.440	0	0.000	$0.00
State Agency Leases	5	1,404.247	3	273.947	$50,222.97
Total Sale	108	132,831.107	32	13,593.395	$4,148,985.46


2003-2004 Fiscal Year
State Offshore Leases	124	213,386.620	32	20,526.630	$5,282,603.12
State Onshore Leases	424	460,704.920	148	31,127.578	$9,594,204.36
State Dedicated Leases	33	45,440.190	11	4,250.170	$1,267,221.34
State Agency Leases	33	2,853.719	24	1,430.449	$258,590.24
Total Year to Date	614	722,385.449	215	57,334.827	$16,402,619.06

Editors: For more information, contact Betty Landry (225) 342-3359 or Assistant Secretary DNR Office of Mineral Resources Gus Rodemacher at (225) 342-4607.