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For Release:
April 15, 2005

 

News Release

Mineral Board Holds April 2005 Lease Sale

The State Mineral Board conducted its monthly Lease Sale on Wednesday, April 13, 2005, at 10 a.m. in the Conservation and Mineral Resources Hearing Room of the LaSalle Office Building in Baton Rouge.

Below are the preliminary results of the lease sale.

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

Lease Sale April 13, 2005

State Offshore Leases 20 33,004.550 10 3,051.040 $1,375,090.83
State Onshore Leases 21 16,183.970 12 3,653.470 $1,402,426.31
State Dedicated Leases 0 0.000 0 0.000 $0.00
State Agency Leases     5         1,241.320   4         1,208.490             $364,208.33
Total Sale 46 50,429.840 26 7,913.450 $3,141,725.47
           
2004-2005 Fiscal Year          
State Offshore Leases 151 232,975.510 60 22,528.120 $10,421,179.74
State Onshore Leases 642 730,793.046 260 56,744.736 $17,572,489.07
State Dedicated Leases 52 69,721.980 18 5,499.120 $2,651,853.51
State Agency Leases    48     6,631.938    25   2,318.741      $614,766.85
Total Year to Date 893 1,040,122.474 363 87,080.717 $31,260,289.17

Editors: For information, contact Rick Heck at 225-342-6122 or DNR Assistant Secretary Office of Mineral Resources Gus Rodemacher at 225-342-4607.
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