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STATE MINERAL BOARD ANNOUNCES JULY LEASE SALE DATA
The State Mineral Board conducted a Lease Sale July 8, 1998 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 1998-99 Fiscal Year totals.
| NOMINATED | NOMINATED | LEASES | NO. OF | AMOUNT OF | |
| CLASSIFICATION | TRACTS | ACREAGE | AWARDED | ACRES | CASH PAYMENTS |
| Lease Sale July 8, 1998 | |||||
| State Offshore Leases | 27 | 49,980.040 | 13 | 6,809.514 | $3,490,672.06 |
| State Onshore Leases | 30 | 11,184.601 | 21 | 2,836.671 | 733,639.51 |
| State Dedicated Leases | 0 | 0.000 | 0 | 0.000 | 0.00 |
| State Agency Leases | 11 | 3,685.999 | 4 | 262.909 | 43,230.47 |
| TOTAL SALE | 68 | 64,850.640 | 38 | 9,909.094 | $4,267,542.04 |
Editors: For more information contact DNR Assistant Secretary Gus Rodemacher at (504) 342-4607.