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January 26, 2010 REM Sealed Bid Auction RESULTS

KPMG Final Audit Report

2009 Annual Report (pdf)

The Commissioners of the Land Office (CLO), better known as the "School Land Trust," is an Oklahoma State Agency created by the original Oklahoma Constitution. The CLO is mandated to have charge of the sale, rental, disposal and management of school lands and other public lands and of the funds and proceeds derived thereof, under the rules and regulations prescribed by the Oklahoma legislature.

     The primary purpose of the CLO is to administer the school land trust funds for the production of income for the support and maintenance of the common schools and the schools of higher education. This responsibility resides in the five Commissioners: The Honorable Governor Brad Henry; The Honorable Lieutenant Governor Jari Askins; The Honorable State Auditor and Inspector Steve Burrage; The Honorable Superintendent of Public Instruction Sandy Garrett; and President, State Board of Agriculture, Terry Peach. The chief administrative officer, Mike Hunter, is the Secretary to the Commissioners of the Land Office.

     Within the CLO, the Minerals Management Division administers over one million mineral acres and minerals for OSU and other agencies. The Real Estate Management Division has responsibility for over 700,000 surface acres. The Investment Division is responsible for investment of the $1 billion Permanent Trust Fund. Other divisions of the CLO include: Accounting, Royalty Compliance, and Legal. For more information about the CLO, please visit: History of the Land Office, 2009 Annual Report (pdf), 2008 Annual Report (pdf) Oil and Gas Rules and Regulations, Staff Contacts . Also visit related links to other interesting farming, oil and gas and governmental sites.

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