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For Release:
August 19, 2005
News Release
Mineral Board Holds August 2005 Lease Sale
The State Mineral Board conducted its monthly lease sale on Wednesday, August 10, 2005, at 10 a.m. in the Conservation and 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 August 10, 2005 |
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| State Offshore Leases | 19 | 32,280.090 | 12 | 2,529.460 | $745,069.95 |
| State Onshore Leases | 84 | 122,208.400 | 27 | 2,892.170 | $1,089,521.92 |
| State Dedicated Leases | 9 | 10,795.680 | 0 | 0.000 | $0.00 |
| State Agency Leases | 1 | 10.000 | 1 | 10.000 | $1,500.00 |
| Total Sale | 113 | 165,294.170 | 40 | 5,431.630 | $1,836,091.87 |
| 2005-2006 Fiscal Year | |||||
| State Offshore Leases | 42 | 54,240.650 | 15 | 3,569.340 | $1,487,787.23 |
| State Onshore Leases | 203 | 252,901.420 | 68 | 13,952.470 | $4,861,960.43 |
| State Dedicated Leases | 9 | 10,795.680 | 0 | 0.000 | $0.00 |
| State Agency Leases | 7 | 134.110 | 7 | 96.540 | $21,523.60 |
| Total Year to Date | 261 | 318,071.860 | 90 | 17,628.350 | $6,371,271.26 |
| Note: 2005-2006 Fiscal Year totals do not include any "portions" that were leased after state lease sales. | |||||
Editors: For information, contact Rick Heck at
| DNR NEWS RELEASE ARCHIVE | PUBLIC INFORMATION OFFICE |