MINERAL BOARD RELEASES FEBRUARY FIGURES

The State Mineral Board conducted a Lease Sale February 14, 2001, at 10 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 2000-2001 Fiscal Year totals.

According to Mineral Board Secretary Gus Rodemacher, this month's lease sale results of $3.3 million show three consecutive months of lease sales surpassing $3 million. Additionally, with four months still remaining in this fiscal year calendar, the FY 2000-01 total of $19,639,973 has now surpassed last year's FY 1999-00 total of $18,081,282, Rodemacher noted.

Mineral Board Data Summary:	Feb. 2000-01 (Total to date: $19,629,937)
	FY 1999-00 (Total: $18,081,282)
	FY 1998-99 (Total: $20,369,052)

	NOMINATED	NOMINATED	LEASES	NO. OF	AMOUNT OF
CLASSIFICATION	TRACTS	ACREAGE	AWARDED	ACRES	CASH PAYMENTS
Lease Sale February 14, 2001
State Offshore Leases	41	58,796.780	12	6,000.967	$1,367,373.76
State Onshore Leases	93	166,819.578	28	7,490.023	1,666,409.76
State Dedicated Leases	0	0.000	0	0.000	0.00
State Agency Leases	11	2,131.700	5	300.450	248,113.24

TOTAL SALE	145	227,748.058	45	13,791.440	$3,281,896.76

2000-2001 Fiscal Year
State Offshore Leases	163	247,880.550	37	18,681.977	$4,132,343.71
State Onshore Leases	426	474,950.683	189	53,642.296	14,546,292.36
State Dedicated Leases	13	7,911.970	2	1,009.560	504,804.12
State Agency Leases	41	10,638.486	18	915.550	448,795.24

TOTAL YEAR TO DATE	643	741,381.689	246	74,249.383	$19,632,235.43

Editors: For more information, please call Gus Rodemacher at (225) 342-4607 or Sandy Bailey at 342-4608.