State Mineral and Energy Board

State Mineral Board meets in August

Thursday, August 19, 2004

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.

CLASSIFICATIONNOMINATED
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.

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