News Release
MAY MINERAL LEASE SALE ANNOUNCED BY BOARD
For
Release
May 15, 2001
The State Mineral Board conducted a Lease Sale May 9, 2001, 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 2000-2001 Fiscal Year totals.
| NOMINATED | NOMINATED | LEASES | NO. OF | AMOUNT OF | |
| CLASSIFICATION | TRACTS | ACREAGE | AWARDED | ACRES | CASH PAYMENTS |
| Lease Sale April 11, 2001 | |||||
| State Offshore Leases | 10 | 14,681.390 | 5 | 1,463.260 | $541,131.46 |
| State Onshore Leases | 45 | 49,242.890 | 20 | 4,123.640 | $1,348,891.94 |
| State Dedicated Leases | 11 | 17,619.540 | 5 | 1,718.640 | $658,105.20 |
| State Agency Leases | 1 | 45.000 | 1 | 45.000 | $13,995.00 |
| TOTAL SALE | 67 | 81,588.820 | 31 | 7,350.540 | $2,562,123.60 |
| 2000-2001
Fiscal Year | |||||
| State Offshore Leases | 236 | 358,819.860 | 56 | 31,335.627 |
$6,833,967.36 |
| State Onshore Leases | 561 |
625,851.203 | 255 |
72,830.316 | $21,870,652.00 |
| State Dedicated Leases | 47 | 58,394.170 | 9 |
3,396.020 |
$1,493,595.49 |
| State Agency Leases | 44 | 10,876.886 | 21 | 1,161.950 | $515,977.24 |
| TOTAL YEAR TO DATE | 888 |
1,053,942.119 |
341 |
108,723.913 |
$30,714,192.09 |
Editors: For more information, please call Gus Rodemacher at (225) 342-4607 or Sandra Bailey at 342-4608.