"The Louisiana Land and Exploration Company Louisiana Land & Exploration Co. is a corporation lessee based in New Orleans, Louisiana for 11 oil and gas leases8 are authorized and 2 are closed. We actively work with other landowners, non-governmental organizations (NGOs) and parishes as well as state and federal agencies to recommend and support potential collaborative project opportunities to enhance habitats and resiliency in Louisianas coastal zone. By 1964, non-royalty, working-interest or joint-venture income had increased to 45 percent of LL&Es total sales. The Louisiana Land and Exploration Company (LL&E) is one of the largest independent oil and gas exploration companies in the United States. We specialize in selling hunting land, timber land, farms, & ranches. Telephone: (713) 296-6000 This criticism was borne out in December of that year when Lloxy paid $60 million for Gulf leases covering land under 300 feet of water. These diversification adventures were possible in part because of high profits in the oil industry. This license is in lieu of Basic and Saltwater Fishing Licenses; Basic, Deer, Waterfowl, and Turkey Hunting Licenses; and the WMA Access Permit. In Louisiana, oystermen fish public oyster grounds for seed oysters (less than 3 inches) and transplant them to private leases for cultivation and future harvest. The Copper Range Company owned a copper mine in White Pines, Michigan; refined and fabricated copper bars, strips, plates, and sheets; owned 185 thousand acres of mixed hardwood timber; enjoyed extensive mineral rights in upper Michigan; and owned a one-half interest in a Nevada gold mine. It held working interests but did not actively manage projects. Yet today, the government held a lease sale for more than 80 million acres in the Gulf of Mexico for oil and gas development. This gives the hunter broad or limited rights to hunt the wildlife that lives or trespasses on the landowner's property. In the 1950s, CEO Robert M. Youngs began to guide LL&E into other exploration, both on its own lands and on land it leased in other U.S. areas of production. ConocoPhillips has actively supported CPRA by providing free access and rights-of-way to LL&E property for CPRA-led coastal restoration projects, spanning hydrological restoration, shoreline protection, marsh creation, terracing, and long-distance sediment delivery. ." In the contract, which was very generous for its time, Texaco agreed to pay LL&E a 25-percent royalty on production and 8!/3 percent of its net profits on a dome-by-dome basis. Public Company Caspary's charges had some legitimacy. This small footprint method is sometimes utilized in lieu of larger vessels and equipment to minimize potential disturbance to surrounding marsh. In 1925 speculator Edward Simms approached Timken with an idea for a company that would explore for oil in the almost 600,000 coastal acres Timken then controlled. Coastal Wetlands Patrol Josh Soileau and Jeff Bacon refresh property signs to maintain boundary lines and preserve company assets. Seismic exploration uses energy waves to generate a profile of subsurface reflective layers that help define potential oil and gas traps. Significant portions of ConocoPhillips LL&E property are within the State of Louisianas Coastal Master Plan overseen by the Coastal Protection & Restoration Authority (CPRA). LandLeaseExchange.com provides a new marketing tool that will help us explore opportunities. Timken hoped to lease the land to fur trappers. The Drillings is a resource for locating where oil and gas leases are and have been. In 1965 LL&E had only 145 employees. These CPRA projects have benefitted over 140,000 acres of wetlands. The company had few employees and operators shouldered the major expenses of exploration and development. This released acreage amounted to approximately 557,000 acres. The more land lessors we get, the more money our firm is making. All of Assignor's right, title and interest, (i.e., 100% Working Interest and 72.5% Net Revenue Interest), in that certain Oil and Gas Lease dated Sep. In 1986 Williamson rid LL&E of the Copper Range Company--taking a $91 million charge in the process. 17-4424 B.P. In 1964 the company reported profits of $32.1 million on sales of $64.1 million. The Drillings accepts no liability for the content of this data, or for the consequences of any actions taken on the basis of the information provided. In 1966 he acquired Jacintoport Corporation, an industrial real estate firm with Gulf Coast holdings such as the Houston Ship Channel. During the 1950s, CEO Robert M. Youngs began investing in working interest wells. During the 1960s, CEO Fred Graham began a process of diversification that would eventually include a Hawaiian resort, a coastal industrial real frozen kasha varnishkes. It continued, however, with its policy of contracting other firms to perform seismic surveys and other exploration and development tasks. A 1915 hurricane destroyed many of the levees that Wisner had constructed. President Thomas Jefferson, in one of his greatest achievements, more than doubled the size of the United States at a time when . The Bank of New York Mellon Trust Company, N.A. Paying $9 to $10 per acre seems to be a good average. An aerial view of a barge installing a rock-and-mud plug along the shoreline of Lost Lake in Terrebonne Parish to help maintain an existing marsh habitat unit. Judge Rudolph Contreras, of the U.S. District Court for the . "It was a very unusual contract for 1928," LL&E president Ford Graham told Dun's Review in 1965. In 1981 earnings fell to $145.2 million despite revenues of almost $1,277.5 million. to display their purchased LDWF licenses on their smartphone. CL&E Corp.; Inexco Oil Co.; Wilson Bros. Drilling Co.; Molokai California Ltd.; LLOXY Holdings, Inc.; White Pine Leasing, Inc.; LL&E Properties, Inc.; Westport Utilities Systems Co., Inc.; LL&E (Netherlands) Inc.; CLAM Petroleum Co.; MaraLou Netherlands Partnership (50%). Pro United Country Southern States Realty Pro To make up for this, LL&E participated in additional working interest wells and in 1970 discovered a major reserve estimated at 720 million barrels of oil in the Jay Field in Santa Rosa, Florida. The same year he paid $486 million for Inexco Oil Co., an oil company with reserves that included 9.9 million barrels of liquids and 392.7 million cubic feet of domestic natural gas reserves. Box 60350 New Orleans, Louisiana 70160 U.S.A. (800) 351-1242 Fax: (504) 566-6891 Public Company Incorporated: 1926 as Border Research Corporation Sales: $825.3 million Employees: 763 Stock Exchanges: New York Toronto London Basel Geneva Zurich Information hosted on The Drillings is based on publicly available data through the Bureau of Land Management. LL&E continued to do quite well in the late 1960s and early 1970s, reporting income of $51.9 million on 1970 sales of $114 million. The Louisiana Land and Exploration Company 909 Poydras Street P.O. Fax: (214) 978-2611 Louisiana Land & Exploration Co. is a corporation lessee based in New Orleans, Louisiana for 11 oil and gas leases8 are authorized and 2 are closed. The company continued to look for new sources of oil and in October 1972 newly named CEO John G. Phillips announced a $75 million offering to finance a new subsidiary, Louisiana Land Offshore Exploration Co. (Lloxy), that would explore for oil and gas in the Gulf of Mexico. Joint projects include marsh terracing, freshwater enhancements, marsh creation, and a variety of shoreline protection techniques. U.S.A. Web site: htt, 1201 Lake Robbins Dr. It replaced 203 percent of expended reserves, adding 55 million equivalent barrels of oil and natural gas, 46 percent of which came from the East Brae Field. For example, we don't hesitate to use consultants. Other Companies Detailed descriptions of properties available for exploration can be obtained by contacting Rathborne Vice President Gregory C. Lier at (504) 368-6355 or by e-mail. Please see Mandatory Hunter Education for exceptions, requirements, and methods for taking approved hunter education courses. In 1974 Jacinport reported $2 million in real estate sales. In 1971 revenues from working interests exceeded those from royalty interests for the first time. The X-Y coordinates of the Louisiana coastline, using the Louisiana plane coordinate system [NAD 1927], . Telephone: (212) 997-8500 VPSB sought damages to cover the cost of evaluating and remediating the alleged damage and contamination to the property. As the largest owner of environmentally sensitive wetlands in the continental United States, LL&E had long been careful to protect its investment. The Louisiana Land and Exploration Company LLC (LL&E) is a wholly owned subsidiary of ConocoPhillips. The primary goal of this office is to ensure the highest economic return and the maximum public use possible of our state public lands and water bottoms. With no more than 4.4 years of proven reserves on hand in 1980, Phillips needed to find new reserves at a reasonable cost if he was to insure the company's continued profitability. We call this the "one and done.". The 9 matching properties for lease in Louisiana have an average listing price of $2,800. Also streaming on your TV: Markets Markets Deals Odd Lots The FIX | Fixed Income ETFs FX Factor Investing. Costs were low at $3.23 per barrel and by years end, LL&Es reserve life index stood at 8.4 years, nearly double that of 1980. Of 176 electoral votes cast, all but 14 were in his favor. louisiana land and exploration hunting lease. As if to bear out this description, LL&E's mining operation lost $7.8 million in 1977 and $6.6 million in 1978. Under the agreement, LL&E retained a 25 percent working interest and a 20 percent royalty in Texaco's share of production. And when we're finished we don't own the computer or have the people on our permanent payroll. Search public hunting land. The companys troubles climaxed the following year as investor Dlo Caspary mounted a proxy fight to remove Phillips and the rest of management. serves as Trustee. Ordis Buddy Smith, supervisor, Coastal Wetlands Operations prepares to embark on an aerial surveillance flight to observe permitted operations. ConocoPhillips has worked with Ducks Unlimited for 35 years, restoring habitats including the Mississippi River Delta. The Woodlands, Texas 77380-1046 909 Poydras StreetP.O. In 1975 the company opened a small refinery in Mobile, Alabama, to process 30,000 barrels a day of Jay Field crude. Murphy Oil Corporation Through a variety of contracts, we support recreational and commercial activities such as fishing, oyster harvesting and hunting activities. Welcome to Louisiana Sportsman Classified Ads - Louisiana Sportsman Classifieds, LA Classifieds Home / Hunting / Hunting Leases Hunting Leases Classified Ads 9 Hunting Leases Sorted By. Through its subsidiary, the Louisiana Land and Exploration Company LLC (LL&E), the company owns approximately 636,000 acres of predominantly marshland across eight parishes, spanning 120 miles east to west and 85 miles north to south. As LL&E expanded its exploration efforts (by 1974 it was exploring in southern Louisiana, the Rocky Mountain area, a geological stratum from northern Louisiana to Florida, and off the coasts of Louisiana and Texas) it began to act as operator in an increasing number of its working interest efforts. It insisted that drillers bury pipe so as to not disrupt grasses or aquatic life, and it constructed pumps and water control structures to prevent erosion or saltwater intrusion. The data and maps may not be used to determine title, ownership, legal descriptions or boundaries, legal jurisdiction, or restrictions that may be in place on either public or private land. Therefore, that information is unavailable for most Encyclopedia.com content. v. Louisiana Land & Exploration Co., et al. You will receive a text with a temporary authorization number and an email with the temporary authorization number and a PDF of your licenses, which you can print and/or save to the electronic device you take hunting. LL&E is a pioneer of water control structure implementation, with installation dating back to the 1950s. Baited hooks and lines may be set no more than 24 hours prior to open season and shall . LL&E reported 1986 losses of $20.6 million. Quick Facts Louisiana Land & Exploration Co. is a corporation entity Named as a lessee in the listed leases Louisiana Land & Exploration Co. is listed with 11 total leases 8 leases are authorized 189, commending LL&E for its many contributions to the preservation and restoration of the environment and natural resources of Louisiana, particularly the vast wetlands of the states coastal region. Since the early 1950s, the company has conducted a corporate wetlands conservation program that has evolved to include a diverse set of activities. LandLeaseExchange.com provides polished, professional and turnkey access to a wide market. louisiana land and exploration hunting lease. These moves strengthened LL&E's overall position, but plunging oil prices and the Copper Range charge took their toll. continued profitability. ConocoPhillips and Ducks Unlimited team members measure water depths near the Golden Meadow Marsh Creation Project in Lafourche Parish. Telephone: (214) 978-2600 At RecLand Realty, all we do is land. Public C, 1185 Avenue of the Americas ", But while Graham focused on controlling costs, he, like other CEOs of that era, also sought profits in new businesses. 1975: A study funded by LL&E and conducted by Louisiana State University supports the positive aspects of the companys conservation program in reducing wetlands degradation. In 1989 the Department of Interior recognized this effort and awarded LL&E its Conservation Award for Respecting the Environment. Fax: (504) 585-3265 It also includes all legal gear privileges. The company had few employees and operators shouldered the major expenses of exploration and development. And when were finished we dont own the computer or have the people on our permanent payroll., But while Graham focused on controlling costs, he, like other CEOs of that era, also sought profits in new businesses. Steward used excess cash flow--including $198 million from asset sales&mdash repurchase nearly 2.6 million shares and reduce LL&E's total debt by one-third. 200 hundred acres of woods, two lakes, surrounded by farms. As consumers, we often take for granted all the hard work that goes into building a great company. For a busy landowner and rancher this was the perfect opportunity for me to advertise the Event Barn and Escondido Ranch. In 1975 the Kalua Koi Corporation, LL&E's 50-percent-owned Hawaiian operation, began construction on the first phase of a 298-unit hotel condominium complex. Envisioning farming on a grand scale, Wisner bought hundreds of thousands of acres, built levees, and drained the land. With no more than 4.4 years of proven reserves on hand in 1980, Phillips needed to find new reserves at a reasonable cost if he was to insure the companys Leases and Permits 25 CFR 162; 25 CFR, Sec. Founded as the Border Research company in 1926 and renamed Louisiana Land and Exploration a year later, LL&E, for its first twenty years, essentially collected royalties from fossil fuels extracted from nearly 600,000 acres it controlled in southern Louisiana. 4Only allows you to hunt pen-raised birds on a hunting preserve; in lieu of a Basic Hunting License. John G. Phillips, who ruled as Rex in 1983 and was the former CEO of Louisiana Land & Exploration Co., died Sept. 21. We have a great deal of land that we lease in Florida and Texas. We are proud to be on the front lines driving habitat-enhancement projects with key partners to promote coastal resiliency and sustainability.. There are strips of timber that run through the property. Residents born before June 1, 1940 who have lived in Louisiana for 6 months. Search by state, county and hunting types. For many years, ConocoPhillips has provided free land access, and in some cases earthen material, for critical flood control infrastructure including levees. Acres. Golden Meadow Marsh Creation Project Completed, ConocoPhillips Partners with the South Lafourche Levee District to Enhance Flood Protection, Collaboration for Conservation Our Partnership with Ducks Unlimited, Collaboration Our Partners in Restoration, ConocoPhillips Coastal Wetlands Director John Harrington, Brian Davis, Associate Professor, Mississippi State University Forest and Wildlife Research Center, Reports: Sustainability & Energy Transition. Phillips, meanwhile, continued to diversify. 200 to 227.3, which include pertinent sections such as: . These DU projects have enhanced more than 20,000 acres of wetlands in the state. In 1943, for instance, LL&E employed only 24 people, yet earned $1.8 million on sales of $3.4 million. Louisiana Land & Exploration Co. oil and gas production between October 1984 and September 2013. New Orleans, Louisiana 70112 The gulf area states of Louisiana, Mississippi and Alabama have fairly reasonable lease rates. The Louisiana Land and Exploration Company LLC (LL&E) is a wholly owned subsidiary of ConocoPhillips. Find land for lease in Louisiana including private land, empty lots for rent, vacant rent to own land, farm land for lease, and cheap lot leases. In the agreement, the parties will agree to a price and the length of the agreement. Farm has been in CRP for last 40 years. NEW ORLEANS The Biden administration's suspension of new oil and gas leases on federal land and water was blocked Tuesday by a federal judge in Louisiana. On November 7, 1938, LL&E and Texaco amended their contract. To do this, he committed major amounts of capital to new exploration initiatives. Founded as the Border Research company in 1926 and renamed Louisiana Land and Exploration a year later, LL&E, for its first twenty years, essentially collected royalties from fossil fuels extracted from nearly 600,000 acres it controlled in southern Louisiana. For more information, contact Joe Maryman at jmaryman@wlf.la.gov or 225.765.2380. This platform has allowed us togenerate leads for particular leases being offered by our firm. Foreign reserves are located in the U.K. and Dutch sectors of the North Sea, Canada, and Columbia. Biden suspends oil, gas leases on public lands for 60 days . The Copper Range Company owned a copper mine in White Pines, Michigan; refined and fabricated copper bars, strips, plates, and sheets; owned 185 thousand acres of mixed hardwood timber; enjoyed extensive mineral rights in upper Michigan; and owned a one-half interest in a Nevada gold mine. The Louisiana Land and Exploration Company LLC Overview. Steward announced that LL&E would sell nonstrategic oil and gas properties and use the proceeds to repay long-term debt and repurchase up to 10 percent of outstanding stock. If you lease your land to a company for oil and gas exploration, you'll be dealing with that company for years to come. Hunting and recreational land for sale on the Pearl River in Washington Parish, LA. Under the agreement, LL&E retained a 25 percent working interest and a 20 percent royalty in Texacos share of production. Please call our land agents to discuss how they can help you buy or sell land. That year the company also saw initial returns from both the tertiary recovery project at Jay Field and the "A" platform of the Brae Field in the North Sea. Through the 1930s and 1940s, LL&E collected royalties on oil and minerals extracted from the land it owned and controlled. Oil and gas often become trapped in the pockets that form around these structures.) If you purchase your license online (via smartphone, laptop, tablet, etc. And profit sharing on top of the royalty was unheard of.". la HLRBO hunting leases. At year's end, he was able to salvage earnings of $76.3 million despite mining operations that sustained a pretax loss of $38 million. Log Cabins for Rent by separate Vendor close to farm. Nevertheless, the company budgeted $200 million for capital and exploration and continued to drill in the Gulf of Mexico, Madden Field in Wyoming, the gas-rich Anadarko Basin of Western Oklahoma, the North Sea, southeastern Alberta, and Columbia, where it was garnering positive results from a drilling program begun in 1978. 1938: The first major oil find is made on company properties. Between 1978 and 1980 LL&Es sales jumped from $549.4 million to $1.075 billion while earnings increased from $94.8 million to $180.2 million, despite $64 million in 1980 windfall profits taxes. International Directory of Company Histories. Forbes criticized the offer, charging that the company had waited too long to get into explorations and would be left with expensive deeper water wells. These could be different entities opperating out of the same locationlike a shared office space, PO Box, or family homeor one entity with multiple lease ID numbers. 1615 Poydras Street Wisner's plans, however, were thwarted by southern Louisiana's severe weather. Phillips, however, remained committed to Copper Range. Questions concerning Offshore lands and water bottoms should be directed to the State Land Office, Division of Administration, (225) 342-4578. Both are part of the PLSS measurement system but have different uses. This courtroom setback has forced the Gulf of. Steward announced that LL&E would sell nonstrategic oil and gas properties and use the proceeds to repay long-term debt and repurchase up to 10 percent of outstanding stock. A provision in . It held working interests but did not actively manage projects. In 1987 the company began to acquire newly opened low cost leases in the shallow waters of the Gulf of Mexico. In addition to Texaco, which was still its major leaseholder, LL&E secured royalty agreements with Phillips Petroleum Co., Stano-lind Oil & Gas Co., Alder Oil Co., and Plymouth Oil Co., among others. The Louisiana Land and Exploration Company (LL&E) is one of the largest independent oil and. Dallas, Texas 75201-3391 During the 1950s, CEO Robert M. Youngs began investing in working interest wells. Summary. Background of Legacy Litigation and LL&E I In the landmark oilfield remediation case Corbello v. Iowa Production, landowners sued oil and gas companies for breach of a mineral lease. 200. He was 94. Our vast wetlands are ideal for coastal restoration research. That year the company also saw initial returns from both the tertiary recovery project at Jay Field and the A platform of the Brae Field in the North Sea. AtLDWF Headquarters at 2000 Quail Drive in Baton Rouge and many, Louisiana drivers license (valid for 6 months or more), Louisiana identification card (issued by the Louisiana Department of Public Safety), If youre registered to vote, youre registered to vote in Louisiana, If youre licensed to drive a motor vehicle, you have a valid Louisiana drivers license, If you own a motor vehicle located within Louisiana, you have a valid Louisiana registration for that vehicle. LL&E Royalty Trust (the Trust) was created pursuant to a Trust Agreement between The Louisiana Land and Exploration Company and First City National Bank of Houston. Pick a style below, and copy the text for your bibliography. Browse undefined oil and gas leases held by applicant Louisiana Land & Exploration Co., a corporation entity based in undefined. After winning the proxy fight in 1983, Phillips sold LL&Es coal properties and bought back 71 million shares for $212.8 million. Finally, we can read about how these great companies came about with Company Histories.. Property is large and consists of scattered timber, crp and lots of water. $1000 - $5000. Before you sign a lease, check the North Carolina Secretary of State's Office online or call 919-807-2000 to find out if the company is registered to do business in North Carolina. The following June a wholly owned subsidiary of LL&E, the Sun Fire Coal Company, began to develop an underground mine near Hazard, Kentucky. LL&E traces its roots to the 19th century, when midwestern businessman Edward Wisner moved to Louisiana for his health. As the largest owner of environmentally sensitive wetlands in the continental United States, LL&E had long been careful to protect its investment. This criticism was borne out in December of that year when Lloxy paid $60 million for Gulf leases covering land under 300 feet of water. The ventures finances faltered and in time there were foreclosures. It insisted that drillers bury pipe so as to not disrupt grasses or aquatic life, and it constructed pumps and water control structures to prevent erosion or saltwater intrusion. In 1925 speculator Edward Simms approached Timken with an idea for a company that would explore for oil in the almost 600,000 coastal acres Timken then controlled. The Louisiana Land and Exploration Company LLC filed as a Foreign Limited Liability in the State of Florida on Wednesday, December 29, 2010 and is approximately thirteen years old, according to public records filed with Florida Department of State.A corporate filing is called a foreign filing when an existing corporate entity files in a . Timken agreed and in 1926 exchanged his acres for shares in the Border Research Corporation. Because each style has its own formatting nuances that evolve over time and not all information is available for every reference entry or article, Encyclopedia.com cannot guarantee each citation it generates. 2008). Oil and Gas Indian Communitization Agreement, Oil and Gas Simultaneous Lease Drawing (SIMO) on Public Land, Oil and Gas Simultaneous Lease Drawing (SIMO) on Acquired Land, Oil and Gas Non-Competitive Lease on Acquired Land, Louisiana Land & Exploration Co. is listed with 11 total leases. However, the date of retrieval is often important. "Our organization," he told Dun's "is the non-rigid, non-army type. As on previous occasions, LL&Es involvement was a financial one. Supported by the Hunt family, which boasted a 12.3 percent block of LL&E stock, Caspary attacked LL&Es record since the mid-1970s, pointing to declining earnings, reduced dividends, falling reserves, and the copper acquisition. Encyclopedia.com. Easy access, plenty of Deer. If you purchased it online or through a mobile device, you can reprint it for free. Learn more about the Bureau of Land Management, Public Land Survey System, and oil and gas leases. These geospatial data and related maps or graphics are not legal documents and are not intended to be used as such. During the early 1980s, lackluster exploration results and fluctuating prices destabilized the company's finances and forced it to sell its non-oil and gas efforts and concentrate on finding new low-cost reserves. This released acreage amounted to approximately 557,000 acres. Web site: http://www.hallibur, The Love Affair, or The Case of the Missing Switchboard Operator. Texaco pays 75 percent and gets 60 percent. Business Week called Louisiana Lands record dismal and noted that despite spending $1.4 billion over the previous four years Phillips had failed to increase oil and gas reserves. Fax: (713) 296-6496 This license is free for residents born before June 1, 1940. Search for owners by first name, last name, company, location, etc. ." Thats when LandLeaseExchange.com saved the day. CNN A federal judge on Thursday invalidated a massive oil and gas lease sale for 80 million acres in the Gulf of Mexico after a coalition of environmental groups sued the Biden administration. Published by at February 16, 2022. Incorporated: 1981 No duplicates are allowed for temporary licenses. The question was where to begin, how to get the word out. We pay 25 percent of the cost, Ford Graham enthusiastically told Duns Review and get 40 percent of the income. State of Louisiana v. Louisiana Land and Exploration Co., 2020-00685 (La. Therefore, be sure to refer to those guidelines when editing your bibliography or works cited list. A large portion of our property is within the state of Louisianas master plan. While entities may have multiple locations, this is based on the address registered for the lease. Due to higher prices for refined copper, the mining operation even turned a profit of $9.7 million in 1979. Coastal marsh waters are important habitat for the nearly 2 million alligators. Wisners plans, however, were thwarted by southern Louisianas severe weather. Lease handled by the Bureau of Land Management are not mapped by latitude and longitude, instead, these leases harken back to the Public Land Survey System. Land for lease in Louisiana Acreage for lease 29 acres Average listing age 376 days Average lease rate $2,800 Forbes later criticized the Jacintoport purchase, maintaining that LL&E had gotten into industrial real estate, "just at the time when the play was going out of it along the Gulf Coast.". Given narrow margins, however, LL&E's major interest was in purchasing additional interests in proven properties. Get free access to the complete judgment in LOUISIANA LAND EXPLORATION v. TEXACO on CaseMine. The Louisiana Purchase proved popular with white Americans, who were hungry for more western lands to settle. Louisiana, et al. Acres. All youth (age 17 and younger) who are actively harvesting deer or turkey, participating in a lottery hunt, or trapping are required to have a Youth Hunting License. Discover petroleum exploration activity in your area and find new regions of opportunity. In the 1950s, CEO Robert M. Youngs began to guide LL&E into other exploration, both on its own lands and on land it leased in other U.S. areas of production. Lifetime licenses are also available. As LL&E expanded its exploration efforts (by 1974 it was . In 1982 matters continued to deteriorate as a recession caused a downturn in prices for liquids, lower demand and prices for copper, a halving of refinery margins, and reduced demand for natural gas. Texaco released the fee lands belonging to the company not located on or near the domes or structures which were then being operated by Texaco.
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