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Louisiana Mineral Board October 2012 Lease Sale Brings in $1.3 Million

Between 1990 and 2000, I served as an Assistant Attorney General and Counsel to the State Mineral Board. For six years, I was General Counsel. The Board was formed by Act 93 of 1936, and holds monthly meetings where the agenda includes the sale of oil and gas leases on state property, primarily state owned waterbottoms. The Board has a knowledgeable and hardworking staff consisting of geologists, engineers, attorneys, accountants, landmen, and other administrative support staff. Below is a press release regarding the October 2012 lease sale.

Mineral and Energy Board Lease Sale Brings $1.3 million in October

    Thursday, October 11, 2012

BATON ROUGE- The State Mineral and Energy Board conducted its monthly meeting and lease sale Wednesday, October 10th in the LaBelle Room of the LaSalle Office Building in Baton Rouge. The Board collected $1.3 million in bonuses in the October lease sale, bringing the new Fiscal Year ‘12-13, total collected to $7.1 million.

 

At this month’s lease sale, the Board awarded 12 leases covering 2,989 acres, out of 50 nominated tracts covering more than 81,192 acres.

 

The Board sold leases in Plaquemines and St. Mary parishes.

 

 

October Lease Sale Results

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Belton Consulting, LLC was founded by Emory A. Belton, Jr. with the goal of providing a unique resource in the energy industry. Our clients put their trust in Belton Consulting, LLC to represent their interests before legislative bodies, regulatory agencies, other state executive branch agencies and departments, and local government. Read More


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