Dallas, Texas 75201-3391 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. 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. 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. 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%). Sales: $1.69 billion (1998) 1938: The first major oil find is made on company properties. As LL&E expanded its exploration efforts (by 1974 it was . If you earn an income, you have filed a Louisiana state income tax return and have complied with state income tax law and regulations. On top of these, a large part of the Katachi National Park is also situated in Central Louisiana. But while business was very good in the late 1970s there were doubts about LL&Es future. EXPLORATION & PRODUCTION, INC., ET AL. The hydrodynamic models will allow us to determine how future terraces will perform and persist and how to best allocate resources for greatest future impact. While entities may have multiple locations, this is based on the address registered for the lease. 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. Oil and gas often become trapped in the pockets that form around these structures.) ConocoPhillips history as a landowner in Louisiana dates back more than 100 years. These diversification adventures were possible in part because of high profits in the oil industry. As a result, LL&E enjoyed low expenses and high profits. Of 176 electoral votes cast, all but 14 were in his favor. 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. Refer to each styles convention regarding the best way to format page numbers and retrieval dates. In 1975 the Kalua Koi Corporation, LL&Es 50-percent-owned Hawaiian operation, began construction on the first phase of a 298-unit hotel condominium complex. In addition to the Texaco royalties, which were still significant (of 25 Lake Barre Field wells Texaco completed in 1964, 21 produced oil, two produced gas and only two were dry), LL&E had signed royalty agreements with Union Oil of California, Signal Oil, Amarada Hess, and Humble Oil and Refining. The interest by those looking for land has been overwhelming. Business Week called Louisiana Land's record "dismal" and noted that despite spending $1.4 billion over the previous four years Phillips had failed to increase oil and gas reserves. Murphy Oil Corporation 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. For more information, contact Joe Maryman at jmaryman@wlf.la.gov or 225.765.2380. la HLRBO hunting leases. Lifetime licenses are also available. It also includes all legal gear privileges. Through a variety of contracts, we support recreational and commercial activities such as fishing, oyster harvesting and hunting activities. The Louisiana Land and Exploration Company Address: 909 Poydras Street P.O. The Louisiana Purchase proved popular with white Americans, who were hungry for more western lands to settle. $1000 - $5000. See Special Licenses for details. U.S.A. In exchange for this, Texaco would retain one-half of the royalties and profits payable to LL&E up to the amount of $800,000. Weiner, Jack B., Look at Louisiana Land! Duns Review, October 1965; The 1983 Battle of New Orleans, Business Week, May 16, 1983; Reier, Sharon, Unlikely Champion, Financial World, January 23, 1990. 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. 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. louisiana land and exploration hunting lease louisiana land and exploration hunting lease. After winning the proxy fight in 1983, Phillips sold LL&Es coal properties and bought back 71 million shares for $212.8 million. 3d ("LL&E II"). louisiana land and exploration hunting lease. Delta & Pine Land Co. v. Nationwide Agribusiness Ins., 530 F.3d 395, 398-99 (5th Cir. 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. 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. "Our organization," he told Dun's "is the non-rigid, non-army type. LDWF mails annual rental notices to lessees at least 30 days in advance of the due date . In 1955 it reported $13.4 million in profits on sales of $22.4 million. Additional special licenses are required to hunt, take, possess, or transport deer, turkey, or migratory waterfowl. John G. Phillips, an oil company executive who was beguiled by. VPSB sought damages to cover the cost of evaluating and remediating the alleged damage and contamination to the property. And they paid us a $4 million bonus on the lease!. In 1964 the company reported profits of $32.1 million on sales of $64.1 million. Cite this article Pick a style below, and copy the text for your bibliography. Baited hooks and lines may be set no more than 24 hours prior to open season and shall . In 1965 LL&E had only 145 employees. . Our coastal wetlands acreage extends 120 miles west to east and 85 miles north to south across eight parishes. 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. Licenses are available at special rates for seniors, military, students, and people with disabilities. Through the partnership with Ducks Unlimited (DU), the company has provided over $10 million as seed money for over 20 projects, and provided free access, rights-of-way, and support through our Coastal Wetlands office in Houma for DU-led projects. Therefore, that information is unavailable for most Encyclopedia.com content. U.S.A. In addition to Texaco, which was still its major leaseholder, LL&E secured royalty agreements with Phillips Petroleum Co., Stanolind Oil & Gas Co., Alder Oil Co., and Plymouth Oil Co., among others. Managing a12,000 acre portfolio makes the leasing of land, for various purposes,a large part of our business. To make matters worse, copper revenues declined and precious metals margins shrank. This license is free for residents born before June 1, 1940. Of the company's 225 million barrels of oil equivalent reserves, nearly 60 percent are garnered from domestic sources. There is in addition the Big Woods Fish and Game Reserve which provides deer and duck hunting leases in addition to fishing leases. Questions concerning Offshore lands and water bottoms should be directed to the State Land Office, Division of Administration, (225) 342-4578. Our vast wetlands are ideal for coastal restoration research. And they paid us a $4 million bonus on the lease!". International Directory of Company Histories. A 1915 hurricane destroyed many of the levees that Wisner had constructed. 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. Discover petroleum exploration activity in your area and find new regions of opportunity. But while business was very good in the late 1970s there were doubts about LL&E's future. (800) 351-1242Fax: (504) 566-6891, Public Company Incorporated: 1926 as Border Research CorporationSales: $825.3 millionEmployees: 763Stock Exchanges: New York Toronto London Basel Geneva ZurichSICs: 1311 Crude Petroleum & Natural Gas; 2911 Petroleum Refining. The user is responsible to verify the limitations of the geospatial data and to use the data accordingly. To do this, he committed major amounts of capital to new exploration initiatives. Easy access, plenty of Deer. Search for owners by first name, last name, company, location, etc. 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. THE LOUISIANA LAND AND EXPLORATION COMPANY LEASE. Finally, we can read about how these great companies came about with Company Histories.. Wild Hog Ridge Hunting Club specializes in hog hunting and leases out acres of its territory. Outside of Louisiana, Youngs acquired mineral rights and royalty interests on 152,870 acres in Texas, New Mexico, North Dakota, South Dakota, Montana, Colorado, Florida, and Mississippi. 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. 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. LIZZIE MARTIN CIVIL ACTION VERSUS NO. ConocoPhillips and Ducks Unlimited team members measure water depths near the Golden Meadow Marsh Creation Project in Lafourche Parish. The Louisiana Land and Exploration Company, International Directory of Company Histories. The data are dynamic and may change over time. The following June a wholly owned subsidiary of LL&E, the Sun Fire Coal Company, began to develop an underground mine near Hazard, Kentucky. 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. Foreign reserves are located in the U.K. and Dutch sectors of the North Sea, Canada, and Columbia. Their pigs are Russian and Razorbacks, with 100 to 400 . U.S. District Judge Terry. There are strips of timber that run through the property. They are obtained from the state and county goverment agency where we obtain our data. Phillips, however, remained committed to Copper Range. You must demonstrate compliance with all of the following, as applicable: Any person, corporation, or other legal entity that possesses a resident license from any other state or country shall not qualify for a resident license in Louisiana. Seeking new profit sources and seeing links between fossil fuels and mineral extraction, Phillips laid out $51 million for the Copper Range Company in May 1977.