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For Release:
September 16, 2005

 

News Release

Mineral Board Announces September 2005 Lease Sale Results

The State Mineral Board conducted its monthly lease sale on Wednesday, September 14, 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 September 14, 2005

State Offshore Leases 25 31,169.230 10 7,698.040 $1,524,191.02
State Onshore Leases 71 71,412.750 22 7,255.660 $2,769,251.21
State Dedicated Leases 11 21,037.800 6 2,523.740 $1,175,604.00
State Agency Leases     3     1,762.500   3    522.500    $134,100.00
Total Sale 110 125,382.280 41 17,999.940 $5,603,146.23
           
2005-2006 Fiscal Year          
State Offshore Leases 67 85,409.880 25 11,267.380 $3,011,978.25
State Onshore Leases 274 324,314.170 90 21,208.130 $7,631,211.64
State Dedicated Leases 20 31,833.480 6 2,523.740 $1,175,604.00
State Agency Leases   10     1,896.610   10     629.040     $155,623.60
Total Year to Date 371 443,454.140 131 35,628.290 $11,974,417.49
           
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 225-342-6122 or DNR Assistant Secretary Office of Mineral Resources Gus Rodemacher at 225-342-4607.
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