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State Mineral Board lists April lease figures
The State Mineral Board conducted its monthly Lease Sale on April 9, 2008, in the Conservation and Mineral Resources Hearing Room of the LaSalle Office Building in Baton Rouge.
According to Mineral Board Secretary Marjorie McKeithen, the state receives over $1.3 million from the sale.
Below are the preliminary results of the April lease sale and 2007-2008 Fiscal Year totals.
| CLASSIFICATION | NOMINATED TRACTS | NOMINATED ACREAGE | LEASES AWARDED | NO. OF ACRES | AMOUNT OF CASH PAYMENTS |
|---|---|---|---|---|---|
|
Lease Sale April 9, 2008 |
|||||
| State Offshore Leases | 2 | 4,563.690 | 1 | 351.140 | $80,762.20 |
| State Onshore Leases | 44 | 51,999.610 | 14 | 2,637.192 | $1,035,835.22 |
| State Dedicated Leases | 0 | 0.000 | 0 | 0.000 | $0.00 |
| State Non-Dedicated Leases | |||||
| Sabine Island WMA | 0 | 0.000 | 0 | 0.000 | $0.00 |
| White Lake Leases | 0 | 0.000 | 0 | 0.000 | $0.00 |
| State Agency Leases | 13 | 554.760 | 8 | 364.960 | $245,933.82 |
| Total Sale | 59 | 57,118.060 | 23 | 3,353.292 | $1,362,531.24 |
 |
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| 2007-2008 Fiscal Year | |||||
| State Offshore Leases | 72 | 133,364.670 | 27 | 20,018.220 | $8,658,072.82 |
| State Onshore Leases | 417 | 431,545.894 | 149 | 41,373.794 | $12,871,917.51 |
| State Dedicated Leases | 38 | 64,309.920 | 18 | 2,290.450 | $761,994.73 |
| State Non-Dedicated Leases | |||||
| Sabine Island WMA | 4 | 3,484.000 | 1 | 672.000 | $272,160.00 |
| White Lake Leases | 24 | 23,222.440 | 1 | 740.000 | $900,950.00 |
| State Agency Leases | 40 | 3,888.722 | 35 | 2,875.422 | $1,287,996.09 |
| Total Year to Date | 595 | 659,815.646 | 231 | 67,969.886 | $24,753,091.150 |