After the tribe auctioned mineral leases and more land was explored, the oil business on the Osage reservation boomed.

The parish is expected to collect $3 million a year in royalties from mineral leases on the land.

This prompted Coffin to extend his mineral lease and sink a vertical shaft.

A group of businessmen, lead by Frederick W. Harris, began negotiations for the rights to the mineral lease, which was eventually acquired in 1872.

These cases led to tribes renegotiating inequitable mineral leases, forming their own natural resources regulatory agencies, and tribal development companies.

At my recommendation, Lloyd created a company that is in the process of acquiring mineral leases to the island.

Lloyd says he satisfied the letter of international law by acquiring mineral leases to the island in question and that the expedition broke no laws.

In 1900 mineral leases were issued over parts of the island.

The three handpicked men who were selected to comprise the first business council were asked to sign off on the mineral leases.

The wells on the mineral leases are currently producing about 415 million cubic feet of natural gas per day.