[StBernard] Chalmette oil man dominates La's Nov lease sale

[Westley Annis]

Chalmette oil man dominates La's Nov lease sale  
 
THE ASSOCIATED PRESS
NEW ORLEANS -- A Chalmette oil-and-gas man's bids accounted for most of
Louisiana's November sale of mineral rights on state and local government
land.

Harold J. Anderson's bids made up two-thirds of the $2.7 million total,
according to New Orleans CityBusiness (http://bit.ly/1fEXRRl).

The Louisiana Mineral and Energy Board awarded 22 leases covering more than
7,000 acres on Wednesday. It had offered more than 131,000 acres in 121
tracts. Bids were nearly double those of November 2012, when a lack of
seismic data drove down bidding, but down from $4 million last month.

Eleven bidders participated.

Anderson's Kare-Sue Energy Inc. had the day's highest bid: $611,700 for more
than 2,000 acres off the coast of Lafourche Parish.

The Harold J. Anderson independent petroleum land company bid $1.19 million
on nine tracts. Those bids included $438,600 for 860 acres in the
Pass-a-Loutre Wildlife Management Area in Plaquemines Parish at the mouth of
the Mississippi River.

The Louisiana Mineral and Energy Board has collected $11.3 million so far
this fiscal year, which began July 1. The state collected $18.3 million
total during the 2012-13 fiscal year.

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