September Lease Sale Reported by State Mineral Board

The State Mineral Board conducted a Lease Sale September 10, 2003, at 10 a.m. in the Conservation & 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 TRACTS	NOMINATED ACREAGE	LEASES AWARDED	NO. OF ACRES	AMOUNT OF CASH PAYMENTS
Lease Sale September 10, 2003
State Offshore Leases	16	25,697.870	4	4,788.350	$963,121.20
State Onshore Leases	55	22,878.900	33	2,817.820	$618,981.57
State Dedicated Leases	0	0.000	0	0.000	$0.00
State Agency Leases	7	245.339	4	97.391	$28,527.19
Total Sale	78	48,822.109	41	7,703.561	$1,610,629.96

2003-2004 Fiscal Year
State Offshore Leases	49	84,515.420	16	9,262.890	$1,983,990.30
State Onshore Leases	96	54,348.420	50	4,885.510	$1,034,151.34
State Dedicated Leases	1	497.170	1	497.170	$50,711.34
State Agency Leases	9	381.559	5	211.981	$52,750.73
Total Year to Date	155	139,742.569	72	14,857.551	$3,121,603.71

Editors: For more information, call Assistant Secretary DNR Office of Mineral Resources Gus Rodemacher at 225-342-4607 or Rick Heck at 225-342-6122.