News Release
NEW BOARD MEMBER NAMED AND MINERAL LEASE STATS ISSUED IN DECEMBER
For
Release
December 20, 2001
The State Mineral Board conducted a Lease Sale December 12, 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.
Mineral Board Secretary Gus Rodemacher also announced the appointment of Michael Domino of Morgan City to serve on the Board. Domino was appointed by Governor Foster and joins the ten-member Board responsible for the leasing of state lands and waterbottoms.
| NOMINATED | NOMINATED | LEASES | NO. OF | AMOUNT OF | |
| CLASSIFICATION | TRACTS | ACREAGE | AWARDED | ACRES | CASH PAYMENTS |
| Lease Sale December 12, 2001 | |||||
| State Offshore Leases |
16
|
26,497.760
|
5
|
1,366.550
|
$217,193.56
|
| State Onshore Leases |
22
|
22,231.560
|
7
|
2,071.390
|
$506,970.39
|
| State Dedicated Leases |
3
|
3,215.500
|
4
|
329.430
|
$137,040.05
|
| State Agency Leases |
4
|
481.000
|
4
|
209.500
|
$79,100.00
|
| TOTAL |
46
|
52,448.820
|
20
|
3,976.870
|
$940,304.00
|
|
2001-2002
Fiscal Year
|
|||||
| State Offshore Leases |
92
|
138,087.480
|
32
|
13,734.700
|
$3,903,013.58
|
| State Onshore Leases |
296
|
322,697.340
|
117
|
25,920.820
|
$6,959,326.17
|
| State Dedicated Leases |
23
|
24,899.190
|
7
|
765.430
|
$319,312.05
|
| State Agency Leases |
16
|
3,474.508
|
11
|
954.264
|
$290,197.80
|
| TOTAL YEAR TO DATE |
430
|
492,435.518
|
167
|
42,741.764
|
$11,471,849.60
|
Editors: For more information, please call Gus Rodemacher at (225) 342-4607 or Sandra Bailey at 342-4608.