Seal of the Louisiana Department of Natural Resources

News Release

State Mineral Board Releases July Figures

 

For Release
July 16, 2002

The State Mineral Board conducted a Lease Sale July 10, 2002, at 10 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.

CLASSIFICATION
NOMINATED
TRACTS
NOMINATED
ACREAGE
LEASES
AWARDED
NO. OF
ACRES
AMOUNT OF
CASH PAYMENTS
Lease Sale July 10, 2002
State Offshore Leases 39 44,173.450 5 1,018.700 $404,801.70
State Onshore Leases 150 250,159.010 44 28,201.250 5,478,474.71
State Dedicated Leases 1 2,371.000 1 312.720 117,270.00
State Agency Leases 0 0.000 0 0.000 0.00
TOTAL SALE 190 296,703.460 50 29,532.670 $6,000,546.41

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.