News Release
April Lease Sale Reported by State Mineral Board
For Release
April 22, 2002
(Rev. 04/30/2002)
The State Mineral Board conducted a Lease Sale April 10, 2002 at 10:00 a.m. in the Conservation & Mineral Resources Hearing Room located in the LaSalle Office Building in Baton Rouge. Below are the preliminary results of the Lease Sale and 2001-2002 Fiscal Year totals.
|
CLASSIFICATION
|
NOMINATED
TRACTS |
NOMINATED
ACREAGE |
LEASES
AWARDED |
NO.
OF
ACRES |
AMOUNT
OF
CASH PAYMENTS |
|
Lease
Sale April 10, 2002
|
|||||
| State Offshore Leases | 8 | 9,448.980 | 2 | 1,301.820 | $292,909.50 |
| State Onshore Leases | 31 | 15,181.570 | 7 | 2,425.940 | 617,664.36 |
| State Dedicated Leases | 0 | 0.000 | 0 | 0.000 | 0.00 |
| State Agency Leases | 6 | 876.567 | 6 | 556.567 | 210,916.28 |
| TOTAL SALE | 45 | 25,507.117 | 15 | 4,284.327 | $1,121,490.14 |
| 2001-2002 Fiscal Year | |||||
| State Offshore Leases | 158 | 224,314.650 | 47 | 22,574.620 | $5,639,013.41 |
| State Onshore Leases | 563 | 774,139.120 | 193 | 52,655.190 | 13,627,460.57 |
| State Dedicated Leases | 32 | 32,177.410 | 10 | 1,266.490 | 587,824.05 |
| State Agency Leases | 31 | 5,493.758 | 22 | 1,773.524 | 594,180.98 |
| TOTAL YEAR TO DATE | 784 | 1,036,124.938 | 272 | 78,269.824 | $20,448,479.01 |
Editors: For more information, call Assistant Secretary of the DNR Office of Mineral Resources Gus Rodemacher at 225-342-4607 or Sandra Bailey at 225-342-4608.