News Release
September Lease Sale Reported by State Mineral Board
For Release
September 19, 2002
The State Mineral Board conducted a Lease Sale September 11, 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 and 2002-2003 Fiscal Year totals
| NOMINATED | NOMINATED | LEASES | NO. OF | AMOUNT OF | |
| CLASSIFICATION | TRACTS | ACREAGE | AWARDED | ACRES | CASH PAYMENTS |
|
Lease Sale September 11, 2002 |
|||||
|
State Offshore Leases |
29 |
41,438.685 |
3 |
759.990 |
$147,067.13 |
|
State Onshore Leases |
115 |
156,399.631 |
31 |
5,262.210 |
1,384,245.73 |
|
State Dedicated Leases |
0 |
0.000 |
0 |
0.000 |
0.00 |
|
State Agency Leases |
3 |
38.649 |
3 |
38.649 |
13,339.56 |
|
TOTAL SALE |
147 |
197,876.965 |
37 |
6,060.849 |
$1,544,652.42 |
|
2001-2002 Fiscal Year |
|||||
|
State Offshore Leases |
68 |
85,612.135 |
8 |
1,778.690 |
$551,868.83 |
|
State Onshore Leases |
340 |
539,973.441 |
97 |
36,861.480 |
7,938,199.12 |
|
State Dedicated Leases |
1 |
2,371.000 |
1 |
312.720 |
117,270.00 |
|
State Agency Leases |
9 |
272.128 |
8 |
263.354 |
79,089.79 |
|
TOTAL YEAR TO DATE |
418 |
628,228.704 |
114 |
39,216.244 |
$8,686,427.74 |
Editors: For more information, call Assistant Secretary DNR Office of Mineral Resources Gus Rodemacher at 225-342-4607 or Sandra Bailey at 225-342-4608.