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Mineral Board Lease Sale Data Released for January
Baton Rouge, - The State Mineral Board conducted a Lease Sale January 9, 2002 at 10:00 a.m. in the Mineral Board Hearing Room located in the State Land and Natural Resources Building in Baton Rouge. Below are the preliminary results of the Lease Sale and 2001-2002 Fiscal Year totals.
| Classification | Nominated Tracts | Nominated Acreage | Leases Awarded | No. of Acres | Amount of Cash Payments |
|
Lease Sale January 9, 2001 |
|||||
| State Offshore Leases | 24 | 38,429.040 | 2 | 373.160 | $187,585.72 |
| State Onshore Leases | 54 | 42,783.750 | 19 | 3,786.180 | $935,479.11 |
| State Dedicated Leases | 3 | 1,770.220 | 3 | 501.060 | 268,512.00 |
| State Agency Leases | 2 | 6.000 | 1 | 6.000 | 900.00 |
| TOTAL | 83 | 82,989.010 | 25 | 4,666.400 | $1,392,476.83 |
| 2001-2002 Fiscal Year | |||||
| State Offshore Leases | 116 | 176,516.520 | 34 | 15,474.410 | $4,090,599.30 |
| State Onshore Leases | 350 | 365,481.090 | 136 | 29,725.00 | 7,900,400.28 |
| State Dedicated Leases | 29 | 29,946.410 | 10 | 1,266.490 | 587,824.05 |
| State Agency Leases | 18 | 3,480.508 | 12 | 960.264 | 291,097.80 |
| Total Year to Date | 513 | 575,424.528 | 192 | 47,426.164 | $12,869,921.43 |
Editors: For more information, contact Assistant Secretary Office of Mineral Resources Gus Rodemacher at 225-342-4607 or Betty Landry at 225-342-3359.