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For Release:
December 13, 2004
News Release
December Lease Sale Results Announced by Mineral Board
The State Mineral Board conducted its monthly Lease Sale on Dec. 8, 2004, at 10 a.m. in the Conservation and Mineral Resources Hearing Room located in the LaSalle Building in Baton Rouge.
Gov. Kathleen Blanco appointed Robert S. Noel, II of Monroe, LA, to serve on the State Mineral Board on Nov. 14, 2004. Noel attended the December meeting, and his membership now completes the makeup of the ten-member board.
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 December 8, 2004 |
|||||
| State Offshore Leases | 12 | 20,151.560 | 0 | 0.000 | $0.00 |
| State Onshore Leases | 55 | 27,289.984 | 28 | 3,085.414 | $901,309.45 |
| State Dedicated Leases | 0 | 0.000 | 0 | 0.000 | $0.00 |
| State Agency Leases | 5 | 413.760 | 4 | 395.760 | $51,590.00 |
| Total Sale | 72 | 47,855.304 | 32 | 3,481.174 | $952,899.45 |
| 2004-2005 Fiscal Year | |||||
| State Offshore Leases | 90 | 131,437.200 | 40 | 14,092.050 | $7,418,035.81 |
| State Onshore Leases | 456 | 553,857.392 | 178 | 32,063.622 | $8,896,339.71 |
| State Dedicated Leases | 31 | 49,224.370 | 14 | 4,530.020 | $2,113,283.33 |
| State Agency Leases | 19 | 2,595.163 | 13 | 719.183 | $113,067.44 |
| Total Year to Date | 596 | 737,114.125 | 245 | 51,404,875 | $18,540,726.29 |
Editors: For information, contact Rick Heck at
| DNR NEWS RELEASE ARCHIVE | PUBLIC INFORMATION OFFICE |