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The State Mineral Board conducted its monthly Lease Sale on Feb. 8, 2006, at 10 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 2005-2006 Fiscal Year totals.
| CLASSIFICATION | NOMINATED
TRACTS | NOMINATED
ACREAGE | LEASES
AWARDED | NO. OF
ACRES | AMOUNT OF
CASH PAYMENTS |
|
Lease Sale February 8, 2006
|
| State Offshore Leases |
0 |
0.000 |
0 |
0.000 |
$0.00 |
| State Onshore Leases |
16 |
14,561.180 |
13 |
3,033.990 |
$1,443,872.40 |
| State Dedicated Leases |
8 |
12,821.280 |
3 |
1,466.730 |
$679,208.74 |
| State Agency Leases |
5 |
392.930 |
5 |
392.930 |
$135,960.10 |
| Total Sale |
29 |
27,775.390 |
21 |
4,893.650 |
$2,259,041.24 |
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|
|
| 2005-2006 Fiscal Year |
|
|
|
|
|
| State Offshore Leases |
116 |
116,412.420 |
30 |
13,536.730 |
$3,679,994.93 |
| State Onshore Leases |
474 |
510,287.440 |
195 |
41,190.610 |
$15,660,337.62 |
| State Dedicated Leases |
31 |
44,774.760 |
9 |
3,990.470 |
$1,854,812.74 |
| State Agency Leases |
25 |
5,288.514 |
25 |
3,460.863 |
$913,672.61 |
| Total Year to Date |
646 |
676,763.134 |
259 |
62,178.673 |
$22,108,817.90 |
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Note: This Press Release does not include the bids on Tract Nos. 37877 & 37884 which were deferred at the 10/12/2005 sale for registration problems.
Note: 2005-2006 Fiscal Year totals do not include any "portions" that were leased after state lease sales. |
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