News Release
AUGUST MINERAL LEASE SALE ANNOUNCED BY BOARD
For
Release
August 15, 2001
The State Mineral Board conducted a Lease Sale August 8, 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 2001-2002 Fiscal Year totals.
| NOMINATED | NOMINATED | LEASES | NO. OF | AMOUNT OF | |
| CLASSIFICATION | TRACTS | ACREAGE | AWARDED | ACRES | CASH PAYMENTS |
| Lease Sale August 8, 2001 | |||||
| State Offshore Leases |
50
|
73,690.870
|
18
|
7,857.210
|
$1,939,087.06
|
| State Onshore Leases |
23
|
29,755.920
|
8
|
3,810.290
|
$2,165,044.72
|
| State Dedicated Leases |
5
|
4,592.610
|
1
|
154.000
|
$80,850.00
|
| State Agency Leases |
2
|
160.000
|
1
|
120.000
|
$7,800.00
|
| TOTAL |
80
|
108,199.400
|
28
|
11,941.500
|
$2,817,151.82
|
|
2001-2002
Fiscal Year
|
|||||
| State Offshore Leases |
61
|
87,501.930
|
24
|
11,735.450
|
$2,922,288.17
|
| State Onshore Leases |
50
|
39,910.590
|
29
|
6,959.830
|
$1,953,865.76
|
| State Dedicated Leases |
11
|
5,783.690
|
2
|
344.000
|
$149,060.00
|
| State Agency Leases |
6
|
7,717.254
|
3
|
643.000
|
$175,865.00
|
| TOTAL YEAR TO DATE |
128
|
138,153.464
|
61
|
23,379.310
|
$5,201,078.93
|
Editors: For more information, please call Gus Rodemacher at (225) 342-4607 or Sandra Bailey at 342-4608.