The Louisiana State Mineral and Energy Board released the results of the March 2011 leasing of state lands for oil and gas development. The state offered 155 tracts consisting of more than 232,000 acres, with many of the tracts prospective for the Haynesville Shale.
The State Mineral and Energy Board awarded 32 leases covering more than 15,000 acres, and took in $11.5 million in bonuses in the sale. Thirty of the leases were from Parishes in southern Louisiana, with only two in the north of the state. These results seem to reflect the diminished enthusiasm for properties that are prospective for the Haynesville Shale.