News Release
NOVEMBER MINERAL LEASE SALE ANNOUNCED BY BOARD
For
Release
November 20, 2001
The State Mineral Board conducted a Lease Sale November 14, 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 November 14, 2001 | |||||
| State Offshore Leases |
9
|
11,762.960
|
3
|
1,999.250
|
$763,531.85
|
| State Onshore Leases |
44
|
59,257.050
|
18
|
4,636.540
|
$989,129.34
|
| State Dedicated Leases |
0
|
0.000
|
0
|
0.000
|
$0.00
|
| State Agency Leases |
3
|
687.985
|
2
|
87.985
|
$22,395.50
|
| TOTAL |
56
|
71,707.995
|
23
|
6,723.775
|
$1,775,056.69
|
|
2001-2002
Fiscal Year
|
|||||
| State Offshore Leases |
76
|
111,589.720
|
27
|
11,735.450
|
$3,685,820.02
|
| State Onshore Leases |
274
|
300,465.780
|
110
|
23,849.430
|
$6,452,355.78
|
| State Dedicated Leases |
20
|
21,683.690
|
3
|
436.000
|
$182,272.00
|
| State Agency Leases |
12
|
2,993.508
|
7
|
744.764
|
$211,097.80
|
| TOTAL YEAR TO DATE |
384
|
439,986.698
|
147
|
38,764.894
|
$10,531,545.60
|
Editors: For more information, please call Gus Rodemacher at (225) 342-4607 or Sandra Bailey at 342-4608.