News Release
OCTOBER MINERAL LEASE SALE ANNOUNCED BY BOARD
For
Release
October 17, 2001
The State Mineral Board conducted a Lease Sale October 10, 2001, at 10:00 a.m. in the Mineral Board Hearing Room located in the State Land and Natural Resources Building in Baton Rouge. Below are the preliminary results of the Lease Sale and 2001-2002 Fiscal Year totals.
| NOMINATED | NOMINATED | LEASES | NO. OF | AMOUNT OF | |
| CLASSIFICATION | TRACTS | ACREAGE | AWARDED | ACRES | CASH PAYMENTS |
| Lease Sale Octoer 10, 2001 | |||||
| State Offshore Leases |
5
|
10,543.090
|
0
|
0.000
|
$0.00
|
| State Onshore Leases |
125
|
155,817.850
|
32
|
6,046.880
|
$1,919,564.72
|
| State Dedicated Leases |
8
|
13,507.000
|
0
|
0.000
|
$0.00
|
| State Agency Leases |
2
|
583.225
|
1
|
8.735
|
$2,244.90
|
| TOTAL |
140
|
180,451.165
|
33
|
6,055.615
|
$1,921,809.62
|
|
2001-2002
Fiscal Year
|
|||||
| State Offshore Leases |
67
|
99,826.760
|
24
|
11,735.450
|
$2,922,288.17
|
| State Onshore Leases |
230
|
241,208.730
|
92
|
19,212.890
|
$5,463,226.44
|
| State Dedicated Leases |
20
|
21,683.690
|
3
|
436.000
|
$182,272.00
|
| State Agency Leases |
9
|
2,305.523
|
5
|
648.779
|
$188,702.30
|
| TOTAL YEAR TO DATE |
328
|
368,278.703
|
124
|
32,041.119
|
$8,756,488.91
|
Editors: For more information, please call Gus Rodemacher at (225) 342-4607 or Sandra Bailey at 342-4608.