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For Release:
December 14, 2006

 

News Release

State Mineral Board reports December lease sale data

The State Mineral Board conducted its monthly Lease Sale on December 13, 2006, at 11 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 2006-2007 Fiscal Year totals.

CLASSIFICATION NOMINATED
TRACTS		 NOMINATED
ACREAGE		 LEASES
AWARDED		 NO. OF
ACRES		 AMOUNT OF
CASH PAYMENTS

Lease Sale December 13, 2006
State Offshore Leases 8 12,818.110 3 461.480 $288,044.36
State Onshore Leases 52 45,344.500 27 3,462.810 $1,704,392.10
State Dedicated Leases 2 136.960 2 136.960 $30,000.00
State Agency Leases  10      428.806  10     428.806    $191,799.95
Total Sale 72 58,722.376 42 4,490.056 $2,214,236.41
           
2006-2007 Fiscal Year          
State Offshore Leases 57 88,716.600 14 5,758.680 $2,048,103.81
State Onshore Leases 294 282,043.660 145 38,565.516 $13,801,625.02
State Dedicated Leases 17 22,631,320 4 488.170 $201,851.66
State Agency Leases    37      6,841.297   24   1,490.472     $736,321.64
Total Year to Date 405 400,232.877 187 46,302.838 $16,787,902.13

Editors: For information, contact DNR Office of Mineral Resources Geologist Administrator Victor Vaughn at 225-342-7121 or Rick Heck at 225-342-6122.
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