Please educate, organize, question "middlemen", balk at deadlines, and refuse to be bullied.

This months figures:

"The lease sale figures show that over $46.4 million of this month’s total of bonus money came from eight leases in the Haynesville Shale play area of north Louisiana of acreage that the Mineral Board was leasing on behalf of local governments there. According to State Mineral Board Secretary Marjorie McKeithen, seven of the north Louisiana leases were located in Caddo Parish and averaged over $30,000 per acre in bonus and 30 percent royalty. The total bonus money received for the Caddo Parish leases amounted to $17,683,171, covering approximately 585 acres. The other north Louisiana lease covered 1,045 acres in DeSoto Parish and brought in $28,750,040 in bonus which tallies $27,512 per acre and 27.5 percent royalty. "

Tags: 30%, amounts, caddo, desoto, lease, royalties

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