On November 7, 1938, LL&E and Texaco amended their contract. Louisiana Land & Exploration Co Operator Summary Operator Name: Louisiana Land & Exploration Co Address: P.O. 4Only allows you to hunt pen-raised birds on a hunting preserve; in lieu of a Basic Hunting License. And profit sharing on top of the royalty was unheard of.. 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. Web site: http://www.hallibur, The Love Affair, or The Case of the Missing Switchboard Operator. 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. Wisner's plans, however, were thwarted by southern Louisiana's severe weather. To this end, in 1991 LL&E acquired two interests in Australia and applied for a concession in Papua New Guinea. Bureau of Land Management. Stock Exchanges: New York, One Post Oak Central In 1974 Jacinport reported $2 million in real estate sales. Steward used excess cash flowincluding $198 million from asset salesto repurchase nearly 2.6 million shares and reduce LL&Es total debt by one-third. 7. Texaco pays 75 percent and gets 60 percent. Sales: $1.69 billion (1998) As the company expanded into working interests, it hired geologists, geophysicists, and engineers. LL&E traces its roots to the 19th century, when midwestern businessman Edward Wisner moved to Louisiana for his health. License and Permit Types and Fees 1 Any resident age 60 or older must instead have a Senior Hunting/Fishing License. A hunting lease agreement is an agreement between a hunter seeking rights to hunt on the land or a landowner. Lifetime licenses are also available. Through its subsidiary, the Louisiana Land and Exploration Company LLC (LL&E), the company owns approximately 636,000 acres of predominantly wetlands across eight parishes, spanning 120 miles west to east and 85 miles north to south. jamba juice turmeric smoothie recipe; sainsbury's locksbottom parking charges; louisiana land and exploration hunting lease; June 11, 2022; small mortuary obituaries mobile, alabama . During the 1950s, CEO Robert M. Youngs began investing in working interest wells. Behind them, a tree that succumbed to saltwater intrusion protrudes from the marsh. "The ultimate goal of this project is to develop best management practices for marsh terrace design to inform engineering and construction plans. No duplicates are allowed for temporary licenses. "The normal royalty was one-eighth (12 percent). the execution of leases, extension of leases, exploration rights, collection of rentals . In February 1943, President E. B. Tracy signed a contract with Duval Texas Sulfur Co. that gave that company sulfur exploration, development, and production rights on LL&Es land and leased interests in Louisianas Terebonne Parish. Louisiana Land & Exploration Co. | North Dakota Oil & Gas Producer