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For Release:
January 17, 2007

 

News Release

State Mineral Board reports January lease sale data

The State Mineral Board conducted its monthly Lease Sale on January 10, 2006, at 11 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 2006-2007 Fiscal Year totals.

CLASSIFICATION NOMINATED
TRACTS		 NOMINATED
ACREAGE		 LEASES
AWARDED		 NO. OF
ACRES		 AMOUNT OF
CASH PAYMENTS

Lease Sale January 10, 2007
State Offshore Leases 3 6,403.290 1 188.981 $66,143.35
State Onshore Leases 33 35,494.514 18 8,059.644 $4,441,796.82
State Dedicated Leases 0 0.000 0 0.000 $0.00
State Agency Leases   8    1,717.244   3     255.814      $61,129.20
Total Sale 44 43,615.048 22 8,504.439 $4,569,069.37
           
2006-2007 Fiscal Year          
State Offshore Leases 60 95,119.890 15 5,947.661 $2,114,247.16
State Onshore Leases 327 317,538.174 163 46,625.160 $18,481,946.09
State Dedicated Leases 17 22,631,320 4 488.170 $201,851.66
State Agency Leases    45      8,558.541   27   1,746.286      $797,450.84
Total Year to Date 449 443,847.925 209 54,807.277 $21,595,495.75

Editors: For information, contact DNR Office of Mineral Resources Geologist Administrator Victor Vaughn at 225-342-7121 or Rick Heck at 225-342-6122.
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