WHEREAS: pursuant to R.S. 30:129, the State Mineral Board has full supervision of all mineral leases granted by the State of Louisiana, and the general authority to take any action for the protection of the interests of the state, institute actions to annul a lease upon any legal ground, and enter into agreements and amend leases;
WHEREAS: R.S. 30:128 expressly prohibits and provides penalties for the transfer or assignment of any lease of minerals or mineral rights owned by the State of Louisiana without State Mineral Board approval; and
WHEREAS: prior to the creation of the State Mineral Board, certain state leases and other agreements pertaining to the development and production of mineral, oil and gas were executed on behalf of the State of Louisiana by the governor and, therefore, those leases and agreements contain language which require the signature of the governor prior to any transfer of interests therein:
NOW THEREFORE I, M.J. "MIKE" FOSTER, JR., Governor of the State of Louisiana, by virtue of the authority vested by the Constitution and laws of the State of Louisiana, do hereby order and direct as follows:
SECTION 1: As to those documents presented to the State Mineral Board, pursuant to R.S. 30:128, for approval of the right to transfer or assign a lease of minerals or mineral rights owned by the State of Louisiana which require the signature of the governor prior to any transfer of interests therein, and which the State Mineral Board has approved the transfer or assignment, the chair of the State Mineral Board is authorized and directed to sign the document on behalf of the governor.
SECTION 2: The provisions of this order are effective upon signature and shall remain in effect until amended, modified, terminated or rescinded by the governor, or terminated by operation of law.
IN WITNESS WHEREOF, I have set my hand officially and caused to be affixed the Great Seal of the State of Louisiana, at the Capitol, in the City of Baton Rouge, on this 29th day May, 1997.
M.J. "Mike" Foster, Jr.
Secretary of State