Seal of the Louisiana Department of Natural Resources

News Release

November Mineral Lease Sale Results Issued
 

For Release
November 14, 2003

The State Mineral Board conducted a Lease Sale November 12, 2003, at 10:00 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 and 2003-2004 Fiscal Year totals.

Classification

Nominated

Nominated

Leases

No. of

Amount of

 

Tracts

Acreage

Awarded

Acres

Cash Payments

 

 

 

 

 

 

Lease Sale Nov. 12,  2003

 

 

 

 

 

State Offshore Leases

5

8,242.850

5

2,157.980

$533,601.76

State Onshore Leases

86

117,611.460

24

6,894.310

$2,912,522.21

State Dedicated Leases

10

10,898.160

7

2,148.000

$663,160.00.00

State Agency Leases

7

209,080

5

104.370

$36,443.50

Total Sale

108

136,961.550

41

11,304.660

$4,145,727.47

 

 

 

 

 

 

 

 

 

 

 

 

2003-2004 Fiscal Year

 

 

 

 

 

State Offshore Leases

59

100,431.480

21

11,420.870

$2,517,592.06

State Onshore Leases

259

264,040.360

101

19,009.710

$5,878,953.17

State Dedicated Leases

14

14,535.130

 9

2,687.170

$720,171.34

State Agency Leases

16

590.639

10

316.351

$89,194.23

Total Year to Date

348

379,597.609

141

33,434.101

$9,205,910.80
Editors:  For more information, contact Rick Heck at 225/342-6122 or Assistant Secretary DNR Office of Mineral Resources Gus Rodemacher at  225/342-4607.