News Release
STATE LEASE SALE FOR FEBRUARY ANNOUNCED BY BOARD
February 12, 1999
The State Mineral Board conducted a Lease Sale February 10, 1999 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 1998-99 Fiscal Year totals.
|
CLASSIFICATION
|
NOMINATED TRACTS
|
NOMINATED ACREAGE
|
LEASES AWARDED
|
NO. OF ACRES
|
AMOUNT OF CASH PAYMENTS
|
| February 10 | |||||
| State Offshore Leases |
6
|
5,446.380
|
4
|
477.070
|
$73,945.85
|
| State Onshore Leases |
30
|
34,445.190
|
16
|
3,976.590
|
953,987.83
|
| State Dedicated Leases |
2
|
2,017.000
|
0
|
0.000
|
0.00
|
| State Agency Leases |
7
|
649.410
|
1
|
2.910
|
727.50
|
| TOTAL SALE |
45
|
42,557.980
|
21
|
4,456.570
|
$1,028,661.18
|
| 98-99 Fiscal Year | |||||
| State Offshore Leases |
169
|
243,248.760
|
51
|
19,835.464
|
$8,349,083.95
|
| State Onshore Leases |
354
|
305,270.323
|
136
|
23,630.135
|
6,618,577.86
|
| State Dedicated Leases |
42
|
56,775.810
|
3
|
1,114.710
|
560,576.77
|
| State Agency Leases |
53
|
14,494.169
|
20
|
1,754.882
|
1,149,279.14
|
| Year Totals |
618
|
619,789.062
|
210
|
46,335.191
|
$16,677,517.72
|
Editors: For more information, please contact Gus Rodemacher at 225-342-4607 or Sandra Bailey at 342-3093.