Mineral Board Holds January 2005 Lease Sale

The State Mineral Board conducted its monthly Lease Sale on Wednesday, January 12, 2005, at 10 a.m. in the Conservation and Mineral Resources Hearing Room of 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 January 12, 2005
State Offshore Leases	7	8,608.490	6	2,331.240	$767,726.43
State Onshore Leases	35	17,176.020	16	820.070	$235,403.00
State Dedicated Leases	3	1,884.490	1	320.100	$115,556.10
State Agency Leases	2	1,211.060	0	0.000	$0.00
Total Sale	47	28,880.060	23	3,471.410	$1,118,685.53

2004-2005 Fiscal Year
State Offshore Leases	97	140,045.690	46	16,423.290	$8,185,762.24
State Onshore Leases	491	571,033.412	194	32,883.682	$9,131,742.71
State Dedicated Leases	34	51,108.860	15	4,850.120	$2,228,839.43
State Agency Leases	21	3,806.223	13	719.183	$113,067.44
Total Year to Date	643	765,994.185	268	54,876.285	$19,659,411.82

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