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m ,<j ~: .....~ C_..) C) . . 2.2 ANTICIPATED DECEMBER EVENTS Brief Colorado River Water Users Association in las Vegas, December 7-9. Brief Riverton, Wyoming Rotary Club, December 13. 3.0 SUBTEAM: COAL MARKET/COAL SUPPLY (McKeever) 3.1 NOVEMBER EVENTS Definition of coal markets and supplies continued. 4.0 SUBTEAM: FINANCIAL/ECONOMIC (McKeever) 4.1 NOVEMBER EVENTS A contract for the sale of Aquatrain, Inc., was executed by W. R. Grace & Co. and the new owner, Western Water Reserves, Inc., Boulder, Colorado. A news release announcing the sale was distributed to the media on November 15. In an activity related to the sale of Aquatrain, Inc., representatives of lakehead Pipeline Co., Inc., the U.S. subsidiary of Interprovincial Pipe line limited of Canada, were briefed by AQUATRAIN staff during much of November. Interprovincial, through their subsidiary, will provide near-term working capital for Aquatrain, Inc., and is considering additional financial commitments. 4.2 ANTICIPATED DECEMBER EVENTS Brief representative of long-Term Credit Bank of Japan. Continue efforts to identify potential industry partners. Reclamation and new owner, Western Water Reserves, Inc., to continue discussions on commitments company is willing to make to AQUATRAIN. Negotiation of revised cooperative agreement expected to be completed. 5.0 SUBTEAM: TECHNICAL/ENGINEERING (Legal) 5.1 NOVEMBER EVENTS Temperature probes will be necessary to determine soil profile temperatures for design to maintain CO in the pipeline in liquid form. Each of the many area~ along the pipeline route must be examined individually; there is no representative sample. Stearns Roger was asked to supply cost estimates on a study cf fluidized-bed combustion technology for generating CO2, 2