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For Release:
August 19, 2004
News Release
State Mineral Board meets in August
The State Mineral Board conducted its monthly Lease Sale on August 11, 2004, at 10 a.m. in the Conservation and Mineral Resources Hearing Room located in the LaSalle Office Building in Baton Rouge.
Joining the Mineral Board at the August meeting was W. Paul Segura, Jr. of Lafayette. Segura was appointed by the Governor to serve effective July 15, 2004.
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 August 11, 2004 |
|||||
| State Offshore Leases | 2 | 4,533.160 | 2 | 986.000 | $512,720.00 |
| State Onshore Leases | 41 | 38,194.430 | 17 | 5,562.030 | $1,413,379.41 |
| State Dedicated Leases | 0 | 0.000 | 0 | 0.000 | $0.00 |
| State Agency Leases | 7 | 317.323 | 7 | 317.323 | $57,255.96 |
| Total Sale | 50 | 43,044.913 | 26 | 6,865.353 | $1,983,355.37 |
| 2004-2005 Fiscal Year | |||||
| State Offshore Leases | 25 | 36,735.950 | 7 | 2,457.800 | $941,862.69 |
| State Onshore Leases | 116 | 127,773.820 | 39 | 9,390.370 | $2,703,810.74 |
| State Dedicated Leases | 12 | 18,069.650 | 5 | 517.420 | $325,078.34 |
| State Agency Leases | 9 | 891.383 | 7 | 317.323 | $57,255.96 |
| Total Year to Date | 162 | 183,470.803 | 58 | 12,682.913 | $4,028,007.73 |
Editors: For information, contact Assistant Secretary
DNR Office of Mineral Resources Gus Rodemacher at
| DNR NEWS RELEASE ARCHIVE | PUBLIC INFORMATION OFFICE |