News Release
MARCH MINERAL LEASE SALE ANNOUNCED BY BOARD
For Release
March 10, 2000
The State Mineral Board conducted a Lease Sale March 8, 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 March 8, 2000 | |||||
| State Offshore Leases | 19 | 23,262.440 | 7 | 5,560.170 | $1,955,255.50 |
| State Onshore Leases | 44 | 42,240.730 | 24 | 4,523.570 | 898,793.67 |
| State Dedicated Leases | 0 | 0.000 | 0 | 0.000 | 0.00 |
| State Agency Leases | 3 | 883.357 | 3 | 803.357 | 195,972.11 |
| TOTAL SALE | 66 | 66,386.527 | 34 | 10,977.097 | $3,050,021.28 |
|
|
|||||
| 1999-2000 Fiscal Year | |||||
| State Offshore Leases | 137 | 194,579.260 | 36 | 23,374.290 | $6,258,879.18 |
| State Onshore Leases | 359 | 399,045.288 | 152 | 31,079.530 | 7,406,339.57 |
| State Dedicated Leases | 4 | 5,106.510 | 2 | 328.660 | 183,634.36 |
| State Agency Leases | 43 | 8,630.332 | 30 | 4,132.595 | 638,865.73 |
| TOTAL YEAR TO DATE | 543 | 607,361.390 | 220 | 58,915.075 | $14,487,718.84 |
Editors: For more information, please call Gus Rodemacher at 342-4607 or Betty Landry at 342-3359.