State Mineral Board reports November lease sale data

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

During the November meeting, State Mineral Board Chairman Scott Angelle announced the following committee appointments: Tract Evaluation committee: Kenny Bernhard, chairman and Paul West, vice-chairman; Fact Finding committee: Tom Arnold, chairman and Kenny Bernhard, vice-chairman; Royalty Accounting committee: Carol LeBlanc, chairman and Emile Cordaro, vice-chairman; Legal and Title Controversy committee: Marjorie McKeithen, chairman and Emile Cordaro, vice-chairman; and Docket Review committee: Peter Dangerfield, chairman and Paul Segura, vice-chairman.

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 November 10, 2004
State Offshore Leases	16	21,251.390	10	4,407.060	$957,323.79
State Onshore Leases	55	55,537.173	20	3,517.133	$881,823.92
State Dedicated Leases	3	4,669.160	0	0.000	$0.00
State Agency Leases	2	5.870	1	2.870	$3,007.00
Total Sale	76	81,463.593	31	7,927.063	$1,842,154.71

2004-2005 Fiscal Year
State Offshore Leases	78	111,285.640	40	14,092.050	$7,418,035.81
State Onshore Leases	401	526,567.408	150	28,978.208	$7,995,030.26
State Dedicated Leases	31	49,224.370	14	4,530.020	$2,113,283.33
State Agency Leases	14	2,181.403	9	323.423	$61,477.44
Total Year to Date	524	689,258.821	213	47,923.701	$17,587,826.84

Editors: For information, contact Assistant Secretary DNR Office of Mineral Resources Gus Rodemacher at225-342-4607.