News Release
MINERAL BOARD RELEASES MAY FIGURES
For Release
May 11, 2000
The State Mineral Board conducted a Lease Sale May 11, 2000 at 10:00 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 1999-2000 Fiscal Year totals.
| NOMINATED | NOMINATED | LEASES | NO. OF | AMOUNT OF | |
| CLASSIFICATION | TRACTS | ACREAGE | AWARDED | ACRES | CASH PAYMENTS |
| Lease Sale May 11, 2000 | |||||
| State Offshore Leases | 0 | 0.000 | 0 | 0.000 | $0.00 |
| State Onshore Leases | 41 | 54,858.284 | 17 | 2,601.684 | 565,438.80 |
| State Dedicated Leases | 0 | 0.000 | 0 | 0.000 | 0.00 |
| State Agency Leases | 3 | 910.010 | 1 | 80.000 | 6,400.00 |
| TOTAL SALE | 44 | 55,768.294 | 18 | 2,681.684 | $571,838.80 |
|
1999-2000
Fiscal Year
|
|||||
| State Offshore Leases | 137 | 194,579.260 | 36 | 23,374.290 | $6,258,879.18 |
| State Onshore Leases | 420 | 470,083.801 | 179 | 35,176.400 | 8,438,522.89 |
| State Dedicated Leases | 4 | 5,106.510 | 2 | 328.660 | 183,634.36 |
| State Agency Leases | 52 | 10,213.802 | 34 | 4,362.595 | 673,451.73 |
| TOTAL YEAR TO DATE |
613
|
679,983.373
|
251
|
63,241.945
|
$15,554,488.16
|
Editors: For more information, please call Gus Rodemacher or Betty Landry at 225-342-3359 or DNR Public Information at 342-8955.