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For Release:
October 16, 2006

 

News Release

State Mineral Board reports October lease sale data

The State Mineral Board conducted its monthly Lease Sale on October 11, 2006, at 11 a.m. in the Conservation and Mineral Resources Hearing Room of the LaSalle Office Building in Baton Rouge.

Below are the preliminary results of the lease sale and 2006-2007 Fiscal Year totals.

CLASSIFICATION NOMINATED
TRACTS		 NOMINATED
ACREAGE		 LEASES
AWARDED		 NO. OF
ACRES		 AMOUNT OF
CASH PAYMENTS

Lease Sale October 11, 2006
State Offshore Leases 3 3,334.000 0 0.000 $0.00
State Onshore Leases 41 29,917.950 22 3,432.610 $1,444,006.89
State Dedicated Leases 2 2,021.610 1 240.740 $86,047.55
State Agency Leases   7     734.310   5    715.310    $318,425.39
Total Sale 53 36,007.870 28 4,388.700 $1,848,479.83
           
2006-2007 Fiscal Year          
State Offshore Leases 36 57,154.300 10 4,163.320 $1,549,724.71
State Onshore Leases 186 194,303.040 93 20,975.476 $7,522,306.09
State Dedicated Leases 4 3,393.360 2 351.210 $171,851.66
State Agency Leases    19      2,228.476   12     932.946     $473,858.89
Total Year to Date 245 257,079.176 117 26,122.952 $9,717,741.35

Editors: For information, contact Rick Heck at 225-342-6122 or DNR Assistant Secretary Office of Mineral Resources Marjorie McKeithen at 225-342-4615.
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