News Release
MARCH MINERAL LEASE SALE ANNOUNCED BY BOARD
For
Release
March 29, 2001
The State Mineral Board conducted a Lease Sale March 14, 2001, at 10 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 2000-2001 Fiscal Year totals.
| NOMINATED | NOMINATED | LEASES | NO. OF | AMOUNT OF | |
| CLASSIFICATION | TRACTS | ACREAGE | AWARDED | ACRES | CASH PAYMENTS |
| Lease Sale March 14, 2001 | |||||
| State Offshore Leases | 22 | 33,702.290 | 8 | 2,758.250 | $557,050.49 |
| State Onshore Leases | 54 | 66,248.710 | 23 | 7,788.650 | 1,726,079.49 |
| State Dedicated Leases | 2 | 1,334.640 | 1 | 102.820 | 36,321.17 |
| State Agency Leases | 1 | 41.400 | 1 | 41.400 | 29,187.00 |
| TOTAL SALE | 79 | 101,327.040 | 33 | 10,691.120 | $2,348,638.15 |
| 2000-2001
Fiscal Year | |||||
| State Offshore Leases | 185 | 281,582.840 | 45 | 21,440.227 | $4,689,394.20 |
| State Onshore Leases | 480 | 541,243.393 | 212 | 61,430.946 | 16,272,371.85 |
| State Dedicated Leases | 15 | 9,246.610 | 3 | 1,112.380 | 541,125.29 |
| State Agency Leases | 42 | 10,671.886 | 19 | 956.950 | 477,982.24 |
| TOTAL YEAR TO DATE | 722 |
842,744.729 |
279 |
84,940.503 |
$21,980,873.58 |
Editors: For more information, please call Gus Rodemacher at (225) 342-4607 or Sandy Bailey at 342-4608.