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For Immediate Release:
November 17, 2004
News Release
State Mineral Board reports November lease sale data
The State Mineral Board conducted its monthly Lease Sale on Nov.10, 2004, at 10 a.m. in the Conservation and Mineral Resources Hearing Room of the LaSalle Office Building in Baton Rouge.
During the November meeting, State Mineral Board Chairman Scott Angelle announced the following committee appointments: Tract Evaluation committee: Kenny Bernhard, chairman and Paul West, vice-chairman; Fact Finding committee: Tom Arnold, chairman and Kenny Bernhard, vice-chairman; Royalty Accounting committee: Carol LeBlanc, chairman and Emile Cordaro, vice-chairman; Legal and Title Controversy committee: Marjorie McKeithen, chairman and Emile Cordaro, vice-chairman; and Docket Review committee: Peter Dangerfield, chairman and Paul Segura, vice-chairman.
Below are the preliminary results of the lease sale.
| CLASSIFICATION | NOMINATED TRACTS |
NOMINATED ACREAGE |
LEASES AWARDED |
NO. OF ACRES |
AMOUNT OF CASH PAYMENTS |
|---|---|---|---|---|---|
|
Lease Sale November 10, 2004 |
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| State Offshore Leases | 16 | 21,251.390 | 10 | 4,407.060 | $957,323.79 |
| State Onshore Leases | 55 | 55,537.173 | 20 | 3,517.133 | $881,823.92 |
| State Dedicated Leases | 3 | 4,669.160 | 0 | 0.000 | $0.00 |
| State Agency Leases | 2 | 5.870 | 1 | 2.870 | $3,007.00 |
| Total Sale | 76 | 81,463.593 | 31 | 7,927.063 | $1,842,154.71 |
| 2004-2005 Fiscal Year | |||||
| State Offshore Leases | 78 | 111,285.640 | 40 | 14,092.050 | $7,418,035.81 |
| State Onshore Leases | 401 | 526,567.408 | 150 | 28,978.208 | $7,995,030.26 |
| State Dedicated Leases | 31 | 49,224.370 | 14 | 4,530.020 | $2,113,283.33 |
| State Agency Leases | 14 | 2,181.403 | 9 | 323.423 | $61,477.44 |
| Total Year to Date | 524 | 689,258.821 | 213 | 47,923.701 | $17,587,826.84 |
Editors: For information, contact Assistant
Secretary DNR Office of Mineral Resources Gus Rodemacher at
| DNR NEWS RELEASE ARCHIVE | PUBLIC INFORMATION OFFICE |