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The magazine went on to comment that LL&E's finding and developing costs were among the industry's highest and noted that the company had closed its Michigan copper mine after completing work on a $78 million dollar copper smelter. All rights reserved. Texaco pays 75 percent and gets 60 percent. Jan. 21, 2021 Updated 3:38 PM PT The Biden administration announced Thursday the suspension of new oil and gas leasing and drilling permits for U.S. lands and waters, effective for 60 days, as. To this end, in 1991 LL&E acquired two interests in Australia and applied for a concession in Papua New Guinea. LL&E continued to do quite well in the late 1960s and early 1970s, reporting income of $51.9 million on 1970 sales of $114 million. Seismic Exploration Permits. The Louisiana Land and Exploration Company LLC filed as a Foreign Limited Liability in the State of Florida on Wednesday, December 29, 2010 and is approximately thirteen years old, according to public records filed with Florida Department of State.A corporate filing is called a foreign filing when an existing corporate entity files in a . 200 to 227.3, which include pertinent sections such as: . Biden suspends oil, gas leases on public lands for 60 days | PBS NewsHour In 1966 he acquired Jacintoport Corporation, an industrial real estate firm with Gulf Coast holdings such as the Houston Ship Channel. This water control structure promotes effective freshwater flow and combats saltwater intrusion. Through the 1930s and 1940s, LL&E collected royalties on oil and minerals extracted from the land it owned and controlled. 1908: St. Mary Parish Land Company is incorporated. Due to higher prices for refined copper, the mining operation even turned a profit of $9.7 million in 1979. After hosting my own event at Escondido Ranch I realized how much there was to share with others. Forbes called Copper Range "a company so bad that some analysts wondered whether it was acquired to make Louisiana Land unattractive as a takeover candidate."