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For Immediate Release:
June 18, 2007
News Release
State Mineral Board Presents June Lease Sale Data
The State Mineral Board conducted its monthly Lease Sale on June 13, 2007, 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 $4 million from the sale.
Below are the preliminary results of the lease sale and 2006-2007 Fiscal Year totals.
| CLASSIFICATION | NOMINATED TRACTS |
NOMINATED ACREAGE |
LEASES AWARDED |
NO. OF ACRES |
AMOUNT OF CASH PAYMENTS |
|---|---|---|---|---|---|
Lease Sale June 13, 2007 |
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| State Offshore Leases | 14 | 19,799.620 | 7 | 1,644.310 | $1,304,440.19 |
| State Onshore Leases | 71 | 111,690.320 | 21 | 5,534.740 | $2,215,958.97 |
| State Dedicated Leases | 12 | 27,815.860 | 1 | 861.680 | $347,050.24 |
| State Agency Leases | 2 | 57.398 | 2 | 57.398 | $141,145.00 |
| Total Sale | 99 | 159,363.198 | 31 | 8,098.128 | $4,008,594.40 |
| 2006-2007 Fiscal Year | |||||
| State Offshore Leases | 98 | 153,426.740 | 45 | 14,407.031 | $13,151,527.28 |
| State Onshore Leases | 552 | 634,360.994 | 298 | 78,901.050 | $32,207,033.22 |
| State Dedicated Leases | 64 | 85,122.180 | 9 | 4,298.170 | $1,756,210.06 |
| State Agency Leases | 59 | 11,399.499 | 39 | 2,519.474 | $1,181,265.96 |
| Total Year to Date | 773 | 884,309.413 | 391 | 100,125.725 | $48,296,036.52 |
Editors: For more information on this topic, call the DNR Office of Mineral Resources, Rick Heck, at
| DNR NEWS RELEASE ARCHIVE | PUBLIC INFORMATION OFFICE |