Lease Sales

Mineral Board Holds January 2005 Lease Sale

Wednesday, January 19, 2005

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.

CLASSIFICATIONNOMINATED
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.

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