News Release
JANUARY MINERAL LEASE SALE ANNOUNCED BY BOARD
For Release
January 14, 2000
The State Mineral Board conducted a Lease Sale January 12, 2000, at 10:00 a.m. in the Mineral Board Hearing Room located in the State Land and Natural Resources Building in Baton Rouge. Below are the preliminary results of the Lease Sale and 1999-2000 Fiscal Year totals.
|
CLASSIFICATION |
NOMINATED
TRACTS |
NOMINATED
ACREAGE |
LEASES
AWARDED |
NO.
OF
ACRES |
AMOUNT
OF
CASH PAYMENTS |
| Lease Sale January 12, 2000 | |||||
| State Offshore Leases | 14 | 20,581.630 | 2 | 539.970 | $92,552.07 |
| State Onshore Leases | 34 | 39,157.810 | 16 | 4,314.500 | 1,162,007.97 |
| State Dedicated Leases | 0 | 0.000 | 0 | 0.000 | 0.00 |
| State Agency Leases | 3 | 841.172 | 1 | 11.162 | 3,348.60 |
| TOTAL SALE | 51 | 60,580.612 | 19 | 4,865.632 | $1,257,908.64 |
|
|
|||||
| 1999-2000 Fiscal Year | |||||
| State Offshore Leases | 91 | 122,491.730 | 27 | 14,344.180 | $3,499,483.68 |
| State Onshore Leases | 246 | 264,315.170 | 100 | 18,305.402 | 4,028,365.39 |
| State Dedicated Leases | 4 | 5,106.510 | 2 | 328.660 | 183,634.36 |
| State Agency Leases | 38 | 7,286.975 | 256 | 3,274.238 | 417,593.62 |
| TOTAL YEAR TO DATE | 379 | 399,200.385 | 155 | 36,252.480 | $8,129,077.05 |
Editors: For more information, please call Gus Rodemacherat 342-4607 or Rick Heck at 342-6122.