Office of State Lands - Louisiana Division of Administration During the 1960s, CEO Fred Graham began a process of diversification that would eventually include a Hawaiian resort, a coastal industrial real The company had few employees and operators shouldered the major expenses of exploration and development. ConocoPhillips and Ducks Unlimited team members measure water depths near the Golden Meadow Marsh Creation Project in Lafourche Parish. And profit sharing on top of the royalty was unheard of.". As the largest owner of environmentally sensitive wetlands in the continental United States, LL&E had long been careful to protect its investment. 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. Earnings recovered in 1989 as oil prices rose while replacement costs remained low. John G. Phillips, who ruled as Rex in 1983 and was the former CEO of Louisiana Land & Exploration Co., died Sept. 21. Houston, Texas 77056-4400 U.S.A . Leases; Wells; Permits; Pricing; Search; Map; Contact . THE LOUISIANA LAND AND EXPLORATION COMPANY LEASE. louisiana land and exploration hunting lease In 1928 LL&E signed a contract with Texas Co. (now Texaco) in which that company agreed to lease all of LL&Es acreage around ten productive salt domes. The Louisiana Land And Exploration Company Business Information - JRank Hunting Licenses, Permits, and Tags | Louisiana Department of Wildlife Graham worked hard to keep expenses down. Behind them, a tree that succumbed to saltwater intrusion protrudes from the marsh. Paying $9 to $10 per acre seems to be a good average. Louisiana Land & Exploration Co/The - Company Profile and News As LL&E operations grew, both sales and revenues increased. There are also seems to be a pretty good inventory of deer hunting land available. Oil and gas often become trapped in the pockets that form around these structures.) Finally, we can read about how these great companies came about with Company Histories.. Fax: (281) 874-3385 The contract would remain in effect for as long as Texaco continued to drill on the acreage. After winning the proxy fight in 1983, Phillips sold LL&E's coal properties and bought back 71 million shares for $212.8 million. 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.
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