Seal of the Louisiana Department of Natural Resources

News Release

Mineral Board Announces Lease Sale Results for April
 

For Release
April 15, 2004

The State Mineral Board conducted a Lease Sale April 14, 2004, at 10:00 a.m. in the Conservation and Mineral Resources Hearing Room located in the LaSalle Office Building in Baton Rouge. Below are the preliminary results of the Lease Sale and 2003-2004 Fiscal Year totals.

CLASSIFICATION NOMINATED
TRACTS		 NOMINATED
ACREAGE		 LEASES
AWARDED		 NO. OF
ACRES		 AMOUNT OF
CASH PAYMENTS

Lease Sale April 14, 2004
State Offshore Leases 0 0.000 0 0.000 $0.00
State Onshore Leases 16 19952.760 7 1,730.240 $335,455.41
State Dedicated Leases 4 7,728.160 1 801.600 $348,696.00
State Agency Leases   1          8.600   1        8.600     $2,158.60
Total Sale 21 27,689.520 9 2,540.440 $686,310.01
           
2003-2004 Fiscal Year          
State Offshore Leases 127 214,060.690 34 20,914.630 $5,418,403.12
State Onshore Leases 517 605,099.420 187 45,953.198 $12,440,210.20
State Dedicated Leases 37 53,168.350 11 5,009.770 $1,609,617.34
State Agency Leases   38    4,074.764   30   1,883,252      $415,928.06
Total Year to Date 719 876,403.224 262 73,760.850 $19,884,158.72
Editors: For more information, contact Rick Heck at (225) 342-6122 or Assistant Secretary DNR Office of Mineral Resources Gus Rodemacher at (225) 342-4607.