EXCLUSIVE GEOPHYSICAL AGREEMENT TYPE IIMineral and Energy Board • February 26th, 2015
WHEREAS, under the provisions of Subpart A of Chapter 2 and Chapter 3, Title 30 of the Louisiana Revised Statutes of 1950, as amended, and other applicable law, the State Mineral and Energy Board of the State of Louisiana (Board), acting as the duly authorized agent of the State of Louisiana (herein State or Grantor), has determined that it will enter into Exclusive Geophysical Agreements (EGA) on a public bid basis in order to have 3D or other more advanced forms of geological or geophysical surveys and operations (advanced seismic) conducted on lands and water bottoms owned by the State; obtain for itself, where applicable, as confidential material, the data resulting from said advanced seismic surveys; and administer, based on such data, the mineral leasing of State lands and water bottoms; and
