Louisiana Department of Natural Resources

Mineral Lease Sale in November Brings $1.5 Million to State

For Release On:

November 19, 2012

Baton Rouge: The State Mineral and Energy Board conducted its monthly meeting and lease sale Wednesday, November 14th in the LaBelle Room of the LaSalle Office Building in Baton Rouge. The Board collected $1.5 million in bonuses in the November lease sale, bringing the new Fiscal Year 2012-13, total to $8.6 million. 

At this month’s lease sale, the Board awarded 19 leases covering 2,695 acres, out of 25 nominated tracts covering more than 32,126 acres.

The Board sold leases in Acadia, Caddo, Jefferson Davis, Lafourche, Plaquemines, and St. Charles parishes.

A summary of the lease sale in November and year to data is available online at: http://dnr.louisiana.gov/assets/OMR/Nov.2012.LeaseSale.pdf


Department of Natural Resources http://dnr.louisiana.gov/index.cfm?md=ne wsroom&tmp=detail&aid=990

Republished by LOUISIANA NEWS | www.louisiana.gov