News Release
MINERAL BOARD HOLDS JUNE 1999 LEASE SALE
June 11, 1999
The State Mineral Board conducted a Lease
Sale June 9, 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. State Mineral Board Secretary Gus Rodemacher said that
the average monthly lease sale during F/Y 98/99 was $1,697,421.
According to Rodemacher, the F/Y 98/99 year-end lease
sales totaled $20,369,052 as compared to last fiscal year's
total of $50,200,644. Rodemacher also announced that Internet access to the
Office of Mineral Resources' Leasing Section publications
will allow users to view and download a number of its
forms and documents. He said notice of publication for
a lease, summary results and tract details of a lease,
and other selections will be posted on the web. Additonally, the Leasing Section has begun converting
its index maps that show current state leases from a series
of cloth maps to digital format. When completed these
maps will be available online. The state's Office of Mineral
Resources is within the Department of Natural Resources
(DNR). The web site address to the Leasing Section pages
is http://www.dnr.state.la.us/min/petlan/leasing/leasing.ssi Editors: For more information,
please contact Gus Rodemacher at 225-342-4607
or OMR Petroleum Landman Rick Heck at 225-342-6122.
CLASSIFICATION
NOMINATED
TRACTS
NOMINATED
ACREAGE
LEASES
AWARDED
NO.
OF ACRES
AMOUNT
OF CASH PAYMENTS
Lease
Sale June 9, 1999
State
Offshore Leases
2
2,520.150
0
0.000
$0.00
State
Onshore Leases
44
64,376.040
14
2,209.980
388,755.20
State
Dedicated Leases
4
7,171.040
1
456.010
286,602.29
State
Agency Leases
10
899.390
10
405.540
121,196.80
TOTAL
SALE
60
74,966.620
25
3,071.530
$796,554.29
1998-99
Fiscal Year
State
Offshore Leases
200
294,758.570
57
21,225.254
$8,612,940.19
State
Onshore Leases
514
510,626.175
191
37,765.148
9,419,917.33
State
Dedicated Leases
66
94,435.930
5
1,892.720
963,421.06
State
Agency Leases
70
15,539.646
34
2,226.371
1,372,773.59
TOTAL
YEAR TO DATE
850
915,360.321
287
63,109.493
$20,369,052.17