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(800) 351-1242Fax: (504) 566-6891, Public Company Incorporated: 1926 as Border Research CorporationSales: $825.3 millionEmployees: 763Stock Exchanges: New York Toronto London Basel Geneva ZurichSICs: 1311 Crude Petroleum & Natural Gas; 2911 Petroleum Refining. At RecLand Realty, all we do is land. Finally, we can read about how these great companies came about with Company Histories.. ." "The Louisiana Land and Exploration Company Within the Cite this article tool, pick a style to see how all available information looks when formatted according to that style. EXPLORATION & PRODUCTION, INC., ET AL. In 1955 it reported $13.4 million in profits on sales of $22.4 million. 4Only allows you to hunt pen-raised birds on a hunting preserve; in lieu of a Basic Hunting License. By year's end, Phillips could boast of $94 million in profits on sales of $1.25 billion. The Trust is passive, with the Trustee, having only such powers as are necessary for collection and distribution . This criticism was borne out in December of that year when Lloxy paid $60 million for Gulf leases covering land under 300 feet of water. When we have a project we'll go to Houston, rent a computer and run it through. In 1987 the company began to acquire newly opened low cost leases in the shallow waters of the Gulf of Mexico. These licenses are available at any Louisiana license vendor. There are strips of timber that run through the property. Headquartered in New Orleans, it operates a crude oil refinery near Mobile, Alabama, and conducts exploration and production operations in the United States and selected foreign countries. In 1986 Williamson rid LL&E of the Copper Range Companytaking a $91 million charge in the process. In 1971 revenues from working interests exceeded those from royalty interests for the first time. - Brian Anderson Owner of Escondido Ranch, Flagler County, FL. Duex Chene's property is home to various duck species, and guided hunts are possible. Contact Owner View Lease. Louisiana, et al. 2022 Beckoning-cat.com. Delta & Pine Land Co. v. Nationwide Agribusiness Ins., 530 F.3d 395, 398-99 (5th Cir. Log Cabins for Rent by separate Vendor close to farm. It continued, however, with its policy of contracting other firms to perform seismic surveys and other exploration and development tasks. Pro United Country Southern States Realty Pro It was a very unusual contract for 1928, LL&E president Ford Graham told Duns Review in 1965. In 1928 LL&E signed a contract with Texas Co. (now Texaco) in which that company agreed to lease all of LL&E's acreage around ten productive salt domes. These CPRA projects have benefitted over 140,000 acres of wetlands. Very quiet, respectful, patriotic neighborhood. Information hosted on The Drillings is based on publicly available data through the Bureau of Land Management. A hunting lease agreement is an agreement between a hunter seeking rights to hunt on the land or a landowner. The current lease rate is $3 per acre, as of January 2016. The Drillings makes no warranty, expressed or implied, including the warranties of merchantability and fitness for a particular purpose, nor assumes any legal liability or responsibility for the accuracy, reliability, completeness or utility of these geospatial data, or for the improper or incorrect use of these geospatial data. Please call our land agents to discuss how they can help you buy or sell land. 189, commending LL&E for its many contributions to the preservation and restoration of the environment and natural resources of Louisiana, particularly the vast wetlands of the states coastal region. Paying $9 to $10 per acre seems to be a good average. Updated July 11, 2022. New Orleans, Louisiana 70112 Earnings recovered in 1989 as oil prices rose while replacement costs remained low. Rare Plant and Animals Species, Natural Communities, and Natural Areas Registry, Aquatic Education Activity Books, Native Fish in the Classroom, WETshop, Louisiana citizens with a Louisiana drivers license or ID card can also now use the. Joint projects include marsh terracing, freshwater enhancements, marsh creation, and a variety of shoreline protection techniques. Additional special licenses are required to hunt, take, possess, or transport deer, turkey, or migratory waterfowl. Through the partnership with Ducks Unlimited (DU), the company has provided over $10 million as seed money for over 20 projects, and provided free access, rights-of-way, and support through our Coastal Wetlands office in Houma for DU-led projects. Privacy Policy. 200 to 227.3, which include pertinent sections such as: . https://www.encyclopedia.com/books/politics-and-business-magazines/louisiana-land-and-exploration-company, "The Louisiana Land and Exploration Company Forbes criticized the offer, charging that the company had waited too long to get into explorations and would be left with expensive deeper water wells. All rights reserved. It also includes all legal gear privileges. REGIONAL OIL AND GAS LEASE SALES The BLM's lease sales and NEPA process include a 30-day scoping period, 30-day comment period on the environmental assessment and 30-day protest period. The Louisiana Land and Exploration Company LLC (LL&E) is a wholly owned subsidiary of ConocoPhillips. "The Louisiana Land and Exploration Company Annotate this Case Justia Opinion Summary Vermilion Parish School Board ("VPSB") filed suit in 2004, alleging oil and gas operations conducted pursuant to a 1935 mineral lease and a 1994 surface lease damaged Section 16 land. Timken hoped to lease the land to fur trappers. 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. Supported by the Hunt family, which boasted a 12.3 percent block of LL&E stock, Caspary attacked LL&Es record since the mid-1970s, pointing to declining earnings, reduced dividends, falling reserves, and the copper acquisition. This is a 2 acre piece of land available for cattleman's lives Contact Owner Learn More Livestock/Cattle 5 Acres + 4 Horse Stalls As LL&E operations grew, both sales and revenues increased. Recreational Fishing Licenses and Permits, For-Hire/Charter Fishing Licenses and Permits, WMA, Refuge, and Conservation Area Licenses and Permits, Controlling Aquatic Plants and Enhancing Freshwater Habitat, Report a Boat Crash, Collision, or Casualty, Commercial Fishing/Reptile and Amphibian Collecting, Buyer, Dealer, Retailer, Processor, and Transporter, Deer Management Assistance Program (DMAP), Mandatory Harvest Information Program (HIP), Waterfowl Hunter Frequently Asked Questions, Migratory Bird Preservation Facility Guidelines, Boundaries (Saltwater/Freshwater and State/Federal), Dealers, Retailers, Processors, and Transporters, Report Purchases/Sales of Catch (Trip Tickets), Age and Growth, Reproductive, and Genetic Studies, Apply for Assistance with Invasive Aquatic Vegetation on Lake Bistineau, Rental Boating Safety and Education Video, Report a Whooping Crane Sighting or Violation, Rare, Threatened, and Endangered Ranks and Statuses, Rare Species and Natural Community Tracking Lists by Parish, Request Wildlife Diversity Project Review or Digital Data, USFS and LDWF Longleaf Pine Flatwoods Savanna Restoration, Wildlife Rehabilitation Permit and Basic Skills Course, Outlaw Quadrupeds (Feral Hogs, Coyotes, and Armadillos), military, students, and people with disabilities, Deer (includes archery and primitive privileges and deer tags; required for all deer hunters in addition to Basic Hunting), Waterfowl (required for all waterfowl hunters in addition to Basic Hunting), Federal Duck Stamp (required for all waterfowl hunters 16 years of age and older, even those who are not otherwise required to purchase a license), HIP Certification (required in addition to all other applicable licenses for migratory game birdsmourning doves, ducks, geese, woodcock, rails, snipe, coots or gallinules), Turkey (includes tags; required for all turkey hunters in addition to Basic Hunting), Youth Hunting (under age 18; required for hunting deer and turkey, trapping, and youth lottery hunts; includes deer and turkey tags; no ID or proof of residency required for purchase), WMA Access Annual Permit (this permit is included in the Sportsman's Paradise license, Senior Hunt/Fish License, and all lifetime licenses, not required for youth 17 and under), WMA Access 5-Day Permit (valid for a five-consecutive day period), WMA Camping Permit (required for each camping party of up to five adults camping, Nonresident Hunting Preserve (October 1-April 30), $37.50 plus one-time $50 facility inspection fee, Residents and nonresidents under age 18 (i.e. Browse undefined oil and gas leases held by applicant Louisiana Land & Exploration Co., a corporation entity based in undefined. Browse lease owners by state in the United States of America, Browse owners by category (corporation, agency, private), Browse owners by interest relationship (partner, holder, agent, etc.). Search public hunting land. Much of the land was eventually taken over by a group of midwesterners led by Henry Timken, who owned an Ohio ball bearing company. The Bank of New York Mellon Trust Company, N.A. May 11, 2022. in hammermill premium cardstock paper, 110 lbs. Other Companies Both are part of the PLSS measurement system but have different uses. EASTERN DISTRICT OF LOUISIANA . 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. Hunting and recreational land for sale on the Pearl River in Washington Parish, LA. License and Permit Types and Fees 1 Any resident age 60 or older must instead have a Senior Hunting/Fishing License. The most common ethnicity at The Louisiana Land and Exploration Company LLC is White (64%). Leases; Wells; Permits; Pricing; Search; Map; Contact . The following June a wholly owned subsidiary of LL&E, the Sun Fire Coal Company, began to develop an underground mine near Hazard, Kentucky. This documentary-style series follows investigative journalists as they uncover the truth. Learn more about the Bureau of Land Management, Public Land Survey System, and oil and gas leases. Please see Mandatory Hunter Education for exceptions, requirements, and methods for taking approved hunter education courses. 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. There is in addition the Big Woods Fish and Game Reserve which provides deer and duck hunting leases in addition to fishing leases. ConocoPhillips and Ducks Unlimited team members measure water depths near the Golden Meadow Marsh Creation Project in Lafourche Parish. International Directory of Company Histories. https://www.encyclopedia.com/books/politics-and-business-magazines/louisiana-land-and-exploration-company. estate operation, and coal, gold, and copper mines. This figure included $181 million for-215 wells; $64 million for leases in Wyoming, the Gulf of Mexico, Australia, Indonesia, Columbia, and the North Sea; and $286 million for construction at Brae Field, platforms in the Gulf of Mexico, and a tertiary recovery project at Jay Field. Em, 3600 Lincoln Plaza Encyclopedia.com. By years end, Phillips could boast of $94 million in profits on sales of $1.25 billion. In 1935, after Texaco had been fully reimbursed, LL&E paid its first dividends. In 1990, the Louisiana legislature passed Houston Concurrent Resolution No. These temporary hunting licenses are available for Basic Hunting as well as other licenses or permits required in addition to the Basic Hunting License, such as Deer, Waterfowl, or Turkey. ." Leases and Permits 25 CFR 162; 25 CFR, Sec. To do this, he committed major amounts of capital to new exploration initiatives. Management trumped Caspary, however, when it pledged to spin off to stockholders a tax-sheltered royalty trust holding oil and gas properties that generated $30 million a year. SECTION "R" (4) ORDER AND REASONS . 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. U.S.A. The 9 matching properties for lease in Louisiana have an average listing price of $2,800. 2/25/03). Wild Hog Ridge Hunting Club specializes in hog hunting and leases out acres of its territory. Fax: (214) 978-2611 U.S.A. Join our mailing list to get alerts for lease listing updates, new features, and special opportunities. 2008). 1908: St. Mary Parish Land Company is incorporated. A large portion of our property is within the state of Louisianas master plan. Seeking new profit sources and seeing links between fossil fuels and mineral extraction, Phillips laid out $51 million for the Copper Range Company in May 1977. The area in question is exactly the type of area used by the public for trapping and fishing. And profit sharing on top of the royalty was unheard of.. 2019Encyclopedia.com | All rights reserved. We actively work with other landowners, non-governmental organizations (NGOs) and parishes as well as state and federal agencies to recommend and support potential collaborative project opportunities to enhance habitats and resiliency in Louisianas coastal zone. API # Well Name No person born on or after September 1, 1969, shall hunt unsupervised unless that person has been issued a certificate of satisfactory completion of a Hunter Education course approved by LDWF. As LL&E expanded its exploration efforts (by 1974 it was . LL&E is a pioneer of water control structure implementation, with installation dating back to the 1950s. Under the agreement, LL&E retained a 25 percent working interest and a 20 percent royalty in Texaco's share of production. If you have one or more of these endorsements, you do not have to carry the applicable license or certification card with you as long as you have your drivers license. In the agreement, the parties will agree to a price and the length of the agreement. 3If you were born in Louisiana but are not currently a resident, you may purchase Nonresident Native Hunting Licenses, which are valid for ten consecutive days. age 17 and under) who are hunting game animals besides deer or turkey or are spectators of another person hunting. Youre a bona fide resident if youve resided in the state of Louisiana continuously during the 6 months immediately prior to the date you apply for any license and if youve established Louisiana as your legal domicile. In addition to the Texaco royalties, which were still significant (of 25 Lake Barre Field wells Texaco completed in 1964, 21 produced oil, two produced gas and only two were dry), LL&E had signed royalty agreements with Union Oil of California, Signal Oil, Amarada Hess, and Humble Oil and Refining. 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. Wells Associated With Louisiana Land & Exploration Co. Production Based on December 2022 Data. Ordis Buddy Smith, supervisor, Coastal Wetlands Operations prepares to embark on an aerial surveillance flight to observe permitted operations. ConocoPhillips Coastal Wetlands office in Houma, Louisiana was built in the 1930s and maintains much the same footprint today. Our organization, he told Duns is the non-rigid, non-army type. Therefore, its best to use Encyclopedia.com citations as a starting point before checking the style against your school or publications requirements and the most-recent information available at these sites: http://www.chicagomanualofstyle.org/tools_citationguide.html. Residents born before June 1, 1940 who have lived in Louisiana for 6 months. Web site: htt, 1201 Lake Robbins Dr. louisiana land and exploration hunting lease. We call this the "one and done.". In 1955 it reported $13.4 million in profits on sales of $22.4 million. Through a variety of contracts, we support recreational and commercial activities such as fishing, oyster harvesting and hunting activities. Forbes criticized the offer, charging that the company had waited too long to get into explorations and would be left with expensive deeper water wells. BOX 51810 MIDLAND, TX 79710 Production Dates on File: January 1980 to August 2000 102 Total Wells Map of Wells Associated with Louisiana Land & Exploration Co Production By Month For Louisiana Land & Exploration Co 2022-2023 Wildlife Management Area (WMA) Regulations. ." NEW ORLEANS The Biden administration's suspension of new oil and gas leases on federal land and water was blocked Tuesday by a federal judge in Louisiana. The Woodlands, Texas 77380-1046 In addition, in December 1976 LL&E acquired the Warrior River Coal Company, owners of a small surface mine in Tuscaloosa, Alabama. You must present an original or certified original birth certificate from the Louisiana Department of Health and photo identification when you purchase these licenses. Then, copy and paste the text into your bibliography or works cited list. meaning of boo boo in a relationship Search. In 1989 the Department of Interior recognized this effort and awarded LL&E its Conservation Award for Respecting the Environment. In 1965 LL&E had only 145 employees. Timken agreed and in 1926 exchanged his acres for shares in the Border Research Corporation. Next time you renew your drivers license at the Office of Motor Vehicles, you can add a Lifetime Hunting/Fishing, Boater Education, and/or Hunter Education endorsement to your license for free. Due to higher prices for refined copper, the mining operation even turned a profit of $9.7 million in 1979. Pearl River Deer Lease (4315), Saint Tammany, Louisiana. If you lost your license, you can purchase a duplicate for $2 per license. President Thomas Jefferson, in one of his greatest achievements, more than doubled the size of the United States at a time when . Costs were low at $3.23 per barrel and by year's end, LL&E's reserve life index stood at 8.4 years, nearly double that of 1980. Youth who are spectating (not actively hunting) are not required to have a license. To this end, in 1991 LL&E acquired two interests in Australia and applied for a concession in Papua New Guinea. In addition to the MLA, Chicago, and APA styles, your school, university, publication, or institution may have its own requirements for citations. jamba juice turmeric smoothie recipe; sainsbury's locksbottom parking charges; louisiana land and exploration hunting lease; June 11, 2022; small mortuary obituaries mobile, alabama . The primary goal of this office is to ensure the highest economic return and the maximum public use possible of our state public lands and water bottoms. 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. Between 1978 and 1980 LL&Es sales jumped from $549.4 million to $1.075 billion while earnings increased from $94.8 million to $180.2 million, despite $64 million in 1980 windfall profits taxes. 909 Poydras StreetP.O. Home to the largest migratory elk herd in the country, Montana Hunting Ranches for sale provide unrivaled hunting opportunities on private land. This criticism was borne out in December of that year when Lloxy paid $60 million for Gulf leases covering land under 300 feet of water. Telephone: (713) 296-6000 Acres. CL&E Corp.; Inexco Oil Co.; Wilson Bros. Drilling Co.; Molokai California Ltd.; LLOXY Holdings, Inc.; White Pine Leasing, Inc.; LL&E Properties, Inc.; Westport Utilities Systems Co., Inc.; LL&E (Netherlands) Inc.; CLAM Petroleum Co.; MaraLou Netherlands Partnership (50%). On top of these, a large part of the Katachi National Park is also situated in Central Louisiana. This platform has allowed us togenerate leads for particular leases being offered by our firm. Between 1978 and 1980 LL&E's sales jumped from $549.4 million to $1.075 billion while earnings increased from $94.8 million to $180.2 million, despite $64 million in 1980 windfall profits taxes. Seismic exploration uses energy waves to generate a profile of subsurface reflective layers that help define potential oil and gas traps. As consumers, we often take for granted all the hard work that goes into building a great company. Through the 1930s and 1940s, LL&E collected royalties on oil and minerals extracted from the land it owned and controlled. After winning the proxy fight in 1983, Phillips sold LL&E's coal properties and bought back 71 million shares for $212.8 million. Public Compan, Freeport-McMoRan Inc. State Operating Agreement Files. In 1980 he formed CLAM Petroleum, a 50 percent owned unconsolidated affiliate through which LL&E would invest $250 million in the U.K. North Seas South Brae Field. 200 hundred acres of woods, two lakes, surrounded by farms. As a result, LL&E enjoyed low expenses and high profits. A hunting lease agreement is a legal document between a land or property owner and a hunter seeking the right to hunt on his/her private property. In 1988 crude prices fell by more than $3 a barrel and newly named CEO and chairman H. Leyton Steward was forced to take an $81.8 million restructuring charge and a $33.3 million loss. Telephone: (214) 978-2600 (504) 582-4000 The National Fluid Lease Sale System includes information on current and upcoming BLM lease sales. It also sought to expand riskier but potentially more lucrative foreign exploration. The data and maps may not be used to determine title, ownership, legal descriptions or boundaries, legal jurisdiction, or restrictions that may be in place on either public or private land. 7. These moves strengthened LL&Es overall position, but plunging oil prices and the Copper Range charge took their toll. As a result, LL&E enjoyed low expenses and high profits. July 3, 2022 In consider how sergei reacts when yoni comes to the door. State of Louisiana v. Louisiana Land and Exploration Co., 2020-00685 (La. Phillips, meanwhile, continued to diversify. "The normal royalty was one-eighth (12 percent). Long-Term Hunting Land Lease (Fee-Lease Agreement) A long-term land lease is the most common, likely because of the simplicity and low maintenance of the agreement. During the early 1980s, lackluster exploration results and fluctuating prices destabilized the company's finances and forced it to sell its non-oil and gas efforts and concentrate on finding new low-cost reserves. serves as Trustee. These diversification adventures were possible in part because of high profits in the oil industry. July 1997: LL&E donated 1,630 acres of its surface interest on four barrier islands, East, Trinity (less 23 acres) Whisky and Racoon in the Isles Dernires (Last Islands) barrier island chain to the State of Louisiana in Terrebonne Parish to ensure that environmental benefits provided by the islands remain under state jurisdiction in perpetuity. Of the company's 225 million barrels of oil equivalent reserves, nearly 60 percent are garnered from domestic sources. Moreover, because of varied corporate exploration philosophies and changes in drilling and seismic forecasting techniques, LL&E was constantly leasing and re-leasing the same acreage to different operators. In 1925 speculator Edward Simms approached Timken with an idea for a company that would explore for oil in the almost 600,000 coastal acres Timken then controlled. LDWF's Oyster Lease Section works with the Louisiana Office of State Lands, Coastal Protection and Restoration Authority, and leaseholders to manage leases and collect annual payments on leases. 1975: A study funded by LL&E and conducted by Louisiana State University supports the positive aspects of the companys conservation program in reducing wetlands degradation. We see them around but we don't know what goes on behind the scenes. The Louisiana Land and Exploration Company The company's troubles climaxed the following year as investor Delo Caspary mounted a proxy fight to remove Phillips and the rest of management. Before you sign a lease, check the North Carolina Secretary of State's Office online or call 919-807-2000 to find out if the company is registered to do business in North Carolina. LDWF mails annual rental notices to lessees at least 30 days in advance of the due date . During the early 1980s, lackluster exploration results and fluctuating prices destabilized the companys finances and forced it to sell its non-oil and gas efforts and concentrate on finding new low-cost reserves. At year's end, he was able to salvage earnings of $76.3 million despite mining operations that sustained a pretax loss of $38 million. Timken agreed and in 1926 exchanged his acres for shares in the Border Research Corporation. The company continued to look for new sources of oil and in October 1972 newly named CEO John G. Phillips announced a $75 million offering to finance a new subsidiary, Louisiana Land Offshore Exploration Co. (Lloxy), that would explore for oil and gas in the Gulf of Mexico. John G. Phillips, who ruled as Rex in 1983 and was the former CEO of Louisiana Land & Exploration Co., died Sept. 21. . In the early 1980s, industry economics changed LL&E's fortunes. Steward announced that LL&E would sell nonstrategic oil and gas properties and use the proceeds to repay long-term debt and repurchase up to 10 percent of outstanding stock. Search for owners by first name, last name, company, location, etc. At years end, he was able to salvage earnings of $76.3 million despite mining operations that sustained a pretax loss of $38 million. It held working interests but did not actively manage projects. Construction began on a new catalytic reformer that would provide more highly valued refined products. Principal Subsidiaries: CL&E Corp.; Inexco Oil Co.; Wilson Bros. Drilling Co.; Molokai California Ltd.; LLOXY Holdings, Inc.; White Pine Leasing, Inc.; LL&E Properties, Inc.; Westport Utilities Systems Co., Inc.; LL&E (Netherlands) Inc.; CLAM Petroleum Co.; MaraLou Netherlands Partnership (50%). In 1997, the company acquired Louisiana Land & Exploration, gaining interest in properties in the Gulf of Mexico. In addition to the Texaco royalties, which were still significant (of 25 Lake Barre Field wells Texaco completed in 1964, 21 produced oil, two produced gas and only two were dry), LL&E had signed royalty agreements with Union Oil of California, Signal Oil, Amarada Hess, and Humble Oil and Refining. Categories . In 1987 the company began to acquire newly opened low cost leases in the shallow waters of the Gulf of Mexico. In 1964 the company reported profits of $32.1 million on sales of $64.1 million. All reasonable . And profit sharing on top of the royalty was unheard of.". It continued, however, with its policy of contracting other firms to perform seismic surveys and other exploration and development tasks. While entities may have multiple locations, this is based on the address registered for the lease. U.S.A. LandLeaseExchange.com provides a new marketing tool that will help us explore opportunities. that subjected 275,625 additional acres to six years of exploration and development. THE LOUISIANA LAND AND EXPLORATION COMPANY LEASE. Yet today, the government held a lease sale for more than 80 million acres in the Gulf of Mexico for oil and gas development. In June, a federal judge in Louisiana agreed with the states and found that the government hadn't taken the required steps to pause new leases. Management trumped Caspary, however, when it pledged to spin off to stockholders a tax-sheltered royalty trust holding oil and gas properties that generated $30 million a year. Drew Caputo is an attorney at the environmental organization . He was 94. In September 2004, VPSB filed a petition, urging causes of action for negligence, strict liability, unjust enrichment, trespass, breach of contract, and violations of Louisiana environmental laws. Detailed descriptions of properties available for exploration can be obtained by contacting Rathborne Vice President Gregory C. Lier at (504) 368-6355 or by e-mail. Given narrow margins, however, LL&Es major interest was in purchasing additional interests in proven properties. LL&E traces its roots to the 19th century, when midwestern businessman Edward Wisner moved to Louisiana for his health. This small footprint method is sometimes utilized in lieu of larger vessels and equipment to minimize potential disturbance to surrounding marsh. The Louisiana Land and Exploration Company 909 Poydras Street P.O. In the early 1980s, industry economics changed LL&Es fortunes. LandLeaseExchange.com has allowed me to do my job more efficiently. Of the company's 225 million barrels of oil equivalent reserves . 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&E's land and leased interests in Louisiana's Terebonne Parish.