November Mineral Lease Sale Results Issued

The State Mineral Board conducted a Lease Sale November 12, 2003, at 10:00 a.m. in the Conservation and Mineral Resources Hearing Room located in the LaSalle Office Building in Baton Rouge. Below are the preliminary results of the Lease Sale and 2003-2004 Fiscal Year totals.

Classification	Nominated	Nominated	Leases	No. of	Amount of
	Tracts	Acreage	Awarded	Acres	Cash Payments

Lease Sale Nov. 12, 2003
State Offshore Leases	5	8,242.850	5	2,157.980	$533,601.76
State Onshore Leases	86	117,611.460	24	6,894.310	$2,912,522.21
State Dedicated Leases	10	10,898.160	7	2,148.000	$663,160.00.00
State Agency Leases	7	209,080	5	104.370	$36,443.50
Total Sale	108	136,961.550	41	11,304.660	$4,145,727.47


2003-2004 Fiscal Year
State Offshore Leases	59	100,431.480	21	11,420.870	$2,517,592.06
State Onshore Leases	259	264,040.360	101	19,009.710	$5,878,953.17
State Dedicated Leases	14	14,535.130	9	2,687.170	$720,171.34
State Agency Leases	16	590.639	10	316.351	$89,194.23
Total Year to Date	348	379,597.609	141	33,434.101	$9,205,910.80