June state mineral lease sale nets $2.9 million

06 19, 2012 by Daily Advertiser

The State Mineral and Energy Board collected more than $2.9 million in bonuses in its onshore/inland June lease sale last week, according to the Louisiana Department of Natural Resources.

During the monthly meeting of the state mineral board held June 13 in Baton Rouge, That brings the total collected for fiscal years 2011-2012 from state offshore, onshore, dedicated and agency leases to more than $34.2 million.

the board awarded 16 leases covering over 6,193 acres out of 44 nominated tracts covering 55,484 acres.