News Release

State Mineral Board lists April lease figures

The State Mineral Board conducted its monthly Lease Sale on April 9, 2008, in the Conservation and Mineral Resources Hearing Room of the LaSalle Office Building in Baton Rouge.

According to Mineral Board Secretary Marjorie McKeithen, the state receives over $1.3 million from the sale.

Below are the preliminary results of the April lease sale and 2007-2008 Fiscal Year totals.

CLASSIFICATION	NOMINATED TRACTS	NOMINATED ACREAGE	LEASES AWARDED	NO. OF ACRES	AMOUNT OF CASH PAYMENTS
Lease Sale April 9, 2008
State Offshore Leases	2	4,563.690	1	351.140	$80,762.20
State Onshore Leases	44	51,999.610	14	2,637.192	$1,035,835.22
State Dedicated Leases	0	0.000	0	0.000	$0.00
State Non-Dedicated Leases
Sabine Island WMA	0	0.000	0	0.000	$0.00
White Lake Leases	0	0.000	0	0.000	$0.00
State Agency Leases	13	554.760	8	364.960	$245,933.82
Total Sale	59	57,118.060	23	3,353.292	$1,362,531.24
2007-2008 Fiscal Year
State Offshore Leases	72	133,364.670	27	20,018.220	$8,658,072.82
State Onshore Leases	417	431,545.894	149	41,373.794	$12,871,917.51
State Dedicated Leases	38	64,309.920	18	2,290.450	$761,994.73
State Non-Dedicated Leases
Sabine Island WMA	4	3,484.000	1	672.000	$272,160.00
White Lake Leases	24	23,222.440	1	740.000	$900,950.00
State Agency Leases	40	3,888.722	35	2,875.422	$1,287,996.09
Total Year to Date	595	659,815.646	231	67,969.886	$24,753,091.150