News Release
FEBRUARY MINERAL LEASE SALE ANNOUNCED BY BOARD
For Release
February 11, 2000
The State Mineral Board conducted a Lease Sale February 9, 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 February 9, 2000 | |||||
| State Offshore Leases | 27 | 48,825.090 | 2 | 3,379.940 | $804,140.00 |
| State Onshore Leases | 69 | 92,489.388 | 28 | 8,250.558 | 2,479,180.51 |
| State Dedicated Leases | 0 | 0.000 | 0 | 0.000 | 0.00 |
| State Agency Leases | 2 | 460.000 | 1 | 55.000 | 25,300.00 |
| TOTAL SALE | 98 | 141,774.478 | 31 | 11,685.498 | $3,308,620.51 |
|
|
|||||
| 1999-2000 Fiscal Year | |||||
| State Offshore Leases | 118 | 171,316.820 | 29 | 17,724.120 | $4,303,623.68 |
| State Onshore Leases | 315 | 356,804.558 | 128 | 26,555.960 | 6,507,545.90 |
| State Dedicated Leases | 4 | 5,106.510 | 2 | 328.660 | 183,634.36 |
| State Agency Leases | 40 | 7,746.975 | 27 | 3,329.238 | 442,893.62 |
| TOTAL YEAR TO DATE | 477 | 540,974.863 | 186 | 47,937.978 | $11,437,697.56 |
Editors: For more information, please call Gus Rodemacherat 342-4607 or Rick Heck at 342-6122.