News Release

September mineral lease sale brings approximately $29,000

The state Mineral Board on Wednesday conducted its monthly lease sale in the LaBelle Room of the LaSalle Office Building in Baton Rouge.

The board collected about $29,000 in bonuses in the sale, bringing the total collected for the financial year that began July 1 to more than $10.5 million.

In all, 3 leases covering about 47 acres were awarded, out of 5 nominated tracts covering about 1,340 acres, in the September sale.

The Board sold leases in 4 parishes – Acadia, Assumption, St. Martin and Terrebonne.

CLASSIFICATION	NOMINATED TRACTS	NOMINATED ACREAGE	LEASES AWARDED	NO. OF ACRES	AMOUNT OF CASH PAYMENTS
Lease Sale September 9, 2009
State Offshore Leases	0	0.000	0	0.000	$0.00
State Onshore Leases	4	1,339.000	2	46.200	$29,432.00
State Dedicated Leases	0	0.000	0	0.000	$0.00
State Agency Leases	1	0.892	1	0.892	$500.00
Total Sale	5	1,339.892	3	47.92	$29,932.00
NOTE: The totals for this sale do not reflect any options that may be exercised or revisions to acreage and cash amounts that may take place after this sale date which may cause these totals to change.
2009-2010 Fiscal Year
State Offshore Leases	25	40,470.370	6	3,626.592	$1,108,472.61
State Onshore Leases	39	18,694.286	25	2,467.860	$2,443,514.84
State Dedicated Leases	2	3,075.000	1	744.000	$260,400.00
State Agency Leases	29	1,483.368	27	1,138.768	$6,777,928.11
Total Year to Date	95	63,723.024	59	7,977.220	$10,590,315.56
NOTE: The Fiscal Year totals include this sale totals and also options exercised and revisions to acreage and cash amounts that may have taken place from the date of the last sale to this state lease sale.