State Mineral Board meets in August

The State Mineral Board conducted its monthly Lease Sale on August 11, 2004, at 10 a.m. in the Conservation and Mineral Resources Hearing Room located in the LaSalle Office Building in Baton Rouge.

Joining the Mineral Board at the August meeting was W. Paul Segura, Jr. of Lafayette. Segura was appointed by the Governor to serve effective July 15, 2004.

Below are the preliminary results of the lease sale.

CLASSIFICATION	NOMINATED TRACTS	NOMINATED ACREAGE	LEASES AWARDED	NO. OF ACRES	AMOUNT OF CASH PAYMENTS
Lease Sale August 11, 2004
State Offshore Leases	2	4,533.160	2	986.000	$512,720.00
State Onshore Leases	41	38,194.430	17	5,562.030	$1,413,379.41
State Dedicated Leases	0	0.000	0	0.000	$0.00
State Agency Leases	7	317.323	7	317.323	$57,255.96
Total Sale	50	43,044.913	26	6,865.353	$1,983,355.37

2004-2005 Fiscal Year
State Offshore Leases	25	36,735.950	7	2,457.800	$941,862.69
State Onshore Leases	116	127,773.820	39	9,390.370	$2,703,810.74
State Dedicated Leases	12	18,069.650	5	517.420	$325,078.34
State Agency Leases	9	891.383	7	317.323	$57,255.96
Total Year to Date	162	183,470.803	58	12,682.913	$4,028,007.73

Editors: For information, contact Assistant Secretary DNR Office of Mineral Resources Gus Rodemacher at(225) 342-4607.