State Mineral and Energy Board

State Mineral Board reports August lease sale data

Friday, August 11, 2006

The State Mineral Board conducted its monthly Lease Sale on August 9, 2006, at 11 a.m. in the Conservation and Mineral Resources Hearing Room of the LaSalle Office Building in Baton Rouge.

Below are the preliminary results of the lease sale and 2006-2007 Fiscal Year totals.

CLASSIFICATIONNOMINATED
TRACTS		NOMINATED
ACREAGE		LEASES
AWARDED		NO. OF
ACRES		AMOUNT OF
CASH PAYMENTS

Lease Sale August 9, 2006
State Offshore Leases 11 22,435.770 5 2,084.990 $918,981.20
State Onshore Leases 86 121,696.340 37 8,757.740 $3,030,507.09
State Dedicated Leases 0 0.000 0 0.000 $0.00
State Agency Leases   1         10.000   1       10.000            $3,000
Total Sale 98 144,142.110 43 10,852.730 $3,952,488.29
           
2006-2007 Fiscal Year          
State Offshore Leases 30 54,458.960 7 2,925.300 $1,181,802.08
State Onshore Leases 107 150,296.830 51 12,743.553 $4,340,217.92
State Dedicated Leases 1 360.750 0 0.000 $0.00
State Agency Leases    6        257.676   4       85.146      $20,761.50
Total Year to Date 144 205,374.216 62 15,753.999 $5,542,781.50

Editors: For information, contact Rick Heck at 225-342-6122 or DNR Acting Assistant Secretary Office of Mineral Resources Victor Vaughn at 225-342-7121.

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