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The State Mineral Board conducted a Lease Sale April 14, 2004, at 10:00 a.m. in the Conservation and Mineral Resources Hearing Room located in the LaSalle Office Building in Baton Rouge. Below are the preliminary results of the Lease Sale and 2003-2004 Fi
The State Mineral Board conducted a Lease Sale April 14, 2004, at 10:00 a.m. in the Conservation and Mineral Resources Hearing Room located in the LaSalle Office Building in Baton Rouge. Below are the preliminary results of the Lease Sale and 2003-2004 Fiscal Year totals.
| CLASSIFICATION | NOMINATED TRACTS | NOMINATED ACREAGE | LEASES AWARDED | NO. OF ACRES | AMOUNT OF CASH PAYMENTS |
|---|---|---|---|---|---|
|
Lease Sale April 14, 2004 |
|||||
| State Offshore Leases | 0 | 0.000 | 0 | 0.000 | $0.00 |
| State Onshore Leases | 16 | 19952.760 | 7 | 1,730.240 | $335,455.41 |
| State Dedicated Leases | 4 | 7,728.160 | 1 | 801.600 | $348,696.00 |
| State Agency Leases | 1 | 8.600 | 1 | 8.600 | $2,158.60 |
| Total Sale | 21 | 27,689.520 | 9 | 2,540.440 | $686,310.01 |
| 2003-2004 Fiscal Year | |||||
| State Offshore Leases | 127 | 214,060.690 | 34 | 20,914.630 | $5,418,403.12 |
| State Onshore Leases | 517 | 605,099.420 | 187 | 45,953.198 | $12,440,210.20 |
| State Dedicated Leases | 37 | 53,168.350 | 11 | 5,009.770 | $1,609,617.34 |
| State Agency Leases | 38 | 4,074.764 | 30 | 1,883,252 | $415,928.06 |
| Total Year to Date | 719 | 876,403.224 | 262 | 73,760.850 | $19,884,158.72 |
Editors: For more information, contact Rick Heck at (225) 342-6122 or Assistant Secretary DNR Office of Mineral Resources Gus Rodemacher at (225) 342-4607.