News Release
June Lease Sale Reported by State Mineral Board
For Release
June 19, 2002
The State Mineral Board conducted a Lease Sale June 12, 2002 at 10:00 a.m. in the Conservation & Mineral Resources Hearing Room located in the LaSalle Office Building in Baton Rouge. Below are the preliminary results of the Lease Sale and 2001-2002 Fiscal Year totals.
|
CLASSIFICATION
|
NOMINATED
TRACTS |
NOMINATED
ACREAGE |
LEASES
AWARDED |
NO.
OF
ACRES |
AMOUNT
OF
CASH PAYMENTS |
|
Lease
Sale June 12, 2002
|
|||||
| State Offshore Leases | 1 | 1,681.685 | 0 | 0.000 | $0.00 |
| State Onshore Leases | 54 | 54,589.450 | 31 | 6,847.790 | 1,434,567.43 |
| State Dedicated Leases | 0 | 0.000 | 0 | 0.000 | 0.00 |
| State Agency Leases | 27 | 1,146.763 | 27 | 1,146.763 | 254,760.28 |
| TOTAL SALE | 82 | 57,417.898 | 58 | 7,994.553 | $1,689,327.71 |
| 2001-2002 Fiscal Year | |||||
| State Offshore Leases | 165 | 235,153.225 | 50 | 23,380.200 | $6,262,028.55 |
| State Onshore Leases | 666 | 887,590.790 | 248 | 64,968.470 | 17,111,432.10 |
| State Dedicated Leases | 33 | 36,610.776 | 10 | 1,266.490 | 587,824.05 |
| State Agency Leases | 60 | 7,008.021 | 49 | 2,920.287 | 848,941.26 |
| TOTAL YEAR TO DATE | 924 | 1,166,362.812 | 357 | 92,535.447 | $24,810,225.96 |
Editors: For more information, call Assistant Secretary of the DNR Office of Mineral Resources Gus Rodemacher at 225-342-4607 or Sandra Bailey at 225-342-4608.