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For Release:
January 19, 2005
News Release
Mineral Board Holds January 2005 Lease Sale
The State Mineral Board conducted its monthly Lease Sale on Wednesday, January 12, 2005, 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.
| CLASSIFICATION | NOMINATED TRACTS |
NOMINATED ACREAGE |
LEASES AWARDED |
NO. OF ACRES |
AMOUNT OF CASH PAYMENTS |
|---|---|---|---|---|---|
|
Lease Sale January 12, 2005 |
|||||
| State Offshore Leases | 7 | 8,608.490 | 6 | 2,331.240 | $767,726.43 |
| State Onshore Leases | 35 | 17,176.020 | 16 | 820.070 | $235,403.00 |
| State Dedicated Leases | 3 | 1,884.490 | 1 | 320.100 | $115,556.10 |
| State Agency Leases | 2 | 1,211.060 | 0 | 0.000 | $0.00 |
| Total Sale | 47 | 28,880.060 | 23 | 3,471.410 | $1,118,685.53 |
| 2004-2005 Fiscal Year | |||||
| State Offshore Leases | 97 | 140,045.690 | 46 | 16,423.290 | $8,185,762.24 |
| State Onshore Leases | 491 | 571,033.412 | 194 | 32,883.682 | $9,131,742.71 |
| State Dedicated Leases | 34 | 51,108.860 | 15 | 4,850.120 | $2,228,839.43 |
| State Agency Leases | 21 | 3,806.223 | 13 | 719.183 | $113,067.44 |
| Total Year to Date | 643 | 765,994.185 | 268 | 54,876.285 | $19,659,411.82 |
Editors: For information, contact Rick Heck at
| DNR NEWS RELEASE ARCHIVE | PUBLIC INFORMATION OFFICE |