News Release

State Mineral Board lists January lease figures

The State Mineral Board conducted its monthly Lease Sale on January 9, 2008, in the Conservation and Mineral Resources Hearing Room of the LaSalle Office Building in Baton Rouge.

According to Mineral Board Secretary Marjorie McKeithen, the state receives over $2 million from the sale.

Below are the preliminary results of the January lease sale and 2007-2008 Fiscal Year totals.

CLASSIFICATION	NOMINATED TRACTS	NOMINATED ACREAGE	LEASES AWARDED	NO. OF ACRES	AMOUNT OF CASH PAYMENTS
Lease Sale January 9, 2008
State Offshore Leases	3	5,957.340	0	0.000	$0.00
State Onshore Leases	40	25,090.836	17	4,850.796	$1,103,484.48
State Dedicated Leases	14	31,303.150	1	553.140	$193,599.00
State Non-Dedicated Leases
Sabine Island WMA	0	0.000	0	0.000	$0.00
White Lake Leases	0	0.000	0	0.000	$0.00
State Agency Leases	2	265.500	1	183.000	$28,365.00
Solid Mineral Leases	Included in the 11/14/07 sale	Included in the 11/14/07 sale	4	688.169	$730,000.00
Total Sale	59	62,616.826	23	6,275.105	$2,055,448.48
2007-2008 Fiscal Year
State Offshore Leases	65	120,485.300	26	19,667.080	$8,577,310.62
State Onshore Leases	230	234,621.224	98	21,261.783	$7,245,961.61
State Dedicated Leases	31	52,895.150	5	1,707.600	$665,146.37
State Non-Dedicated Leases
Sabine Island WMA	4	3,484.000	1	672.000	$272,160.00
White Lake Leases	24	23,222.440	1	740.000	$900,950.00
State Agency Leases	22	1,696.162	18	1,400.802	$627,419.35
Solid Mineral Leases	Included in total	Included in total	4	688.169	$730,000.00
Total Year to Date	376	436,404.276	153	46,137.434	$19,018,947.95
Note: The Fiscal Year totals include the Solid Mineral Leases advertised at the 11/14/07 State Lease Sale and accepted 01/09/08, but effective as of the 11/14/07 Sale date.