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For Release:
November 11, 2005
News Release
State Mineral Board reports November lease sale data
The State Mineral Board conducted its monthly Lease Sale on Nov. 9, 2005, at 10 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 2005-2006 Fiscal Year totals.
| CLASSIFICATION | NOMINATED TRACTS |
NOMINATED ACREAGE |
LEASES AWARDED |
NO. OF ACRES |
AMOUNT OF CASH PAYMENTS |
|---|---|---|---|---|---|
|
Lease Sale November 9, 2005 |
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| State Offshore Leases | 6 | 9,517.970 | 1 | 288.310 | $115,000.00 |
| State Onshore Leases | 47 | 40,016.050 | 20 | 3,593.460 | $1,306,308.35 |
| State Dedicated Leases | 3 | 120.000 | 0 | 0.000 | $0.00 |
| State Agency Leases | 2 | 730.291 | 2 | 170.210 | $50,424.60 |
| Total Sale | 58 | 50,384.311 | 23 | 4,051.980 | $1,471,732.95 |
| 2005-2006 Fiscal Year | |||||
| State Offshore Leases | 108 | 103,580.760 | 28 | 13,047.570 | $3,526,056.58 |
| State Onshore Leases | 348 | 372,788.600 | 133 | 26,791.210 | $9,378,186.81 |
| State Dedicated Leases | 23 | 31,953.480 | 6 | 2,523.740 | $1,175,604.00 |
| State Agency Leases | 16 | 4,723.201 | 16 | 2,895.550 | $690,340.06 |
| Total Year to Date | 495 | 513,046.041 | 183 | 45,258.070 | $14,770,187.45 |
| Note:
This Press Release does not include the bids on Tract Nos. 37877 & 37884 which were deferred at the 10/12/2005 sale for registration problems. Note: 2005-2006 Fiscal Year totals do not include any "portions" that were leased after state lease sales. |
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Editors: For information, contact Rick Heck at
| DNR NEWS RELEASE ARCHIVE | PUBLIC INFORMATION OFFICE |