State Mineral and Energy Board

Mineral Board Holds May 2005 Lease Sale

Friday, May 13, 2005

The State Mineral Board conducted its monthly Lease Sale on Wednesday, May 11, 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 May 11, 2005
State Offshore Leases 8 15,851.110 2 761.330 $184,241.86
State Onshore Leases 83 94,539.289 38 8,030.141 $4,341,223.62
State Dedicated Leases 3 4,655.350 3 1,421.150 $634,086.30
State Agency Leases     1       339.600   1     339.600     $86,598.00
Total Sale 95 115,385.349 44 10,552.221 $5,246,149.78
           
2004-2005 Fiscal Year          
State Offshore Leases 159 234,556.620 62 23,279.450 $10,605,421.60
State Onshore Leases 725 825,332.335 298 64,774.877 $21,913,712.69
State Dedicated Leases 55 74,377.330 21 6,920.270 $3,285,939.81
State Agency Leases    49     6,971.538    26   2,658.341      $701,364.85
Total Year to Date 988 1,141,237.823 407 97,632.938 $36,506,438.95

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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