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<br />...... <br />., <br /> <br />. <br /> <br />. <br /> <br />:.'.1 <br /><.s< <br />.,..,,, <br />(..) <br />c...~ <br /> <br />3.0 SUBTEAM: COAL MARKET/COAL SUPPLY (McKeever) <br />3.1 SEPTEMBER EVENTS <br /> <br />Met with representatives of the China Butte Coal Company. <br />They expressed keen interest in AQUATRAIN as a potential <br />transport system for their coal reserves east of Womsetter, <br />Wyoming. <br /> <br />Briefed Wyoming coal, soda ash, and CO2 producers in Casper <br />to identify their interests in AQUATRAIN participation. <br />They also met with environmental interests and several media <br />representat i ves. <br /> <br />A briefing was requested to be conducted in Denver by repre- <br />sentatives of the Los Angeles and Long Beach Port Authorities. <br />Also attending were representatives of Envirosphere Consultants, <br />and Rio Grande Industries. Briefing included AQUATRAIN <br />update and discussion of the Port Authorities' plans for <br />shipping coal to the Pacific Rim. Envirosphere's analysis <br />revealing that delivering coal by rail to the ports is unacceptable <br />unless expensive new highway overpasses are built has led <br />the Port Authorities to consider pipeline alternatives. <br />Black Mesa and AQUATRAIN technologies are being looked at. <br /> <br />3.2 ANTICIPATED OCTOBER EVENTS <br /> <br />McKeever to attend Coal Marketing Conference in Denver, <br />October 11-12. <br /> <br />Clinton to attend Colorado Energy Conference in Grand Junction, <br />Colorado on October 14. <br /> <br />4.0 SUBTEAM: FINANCIAL/ECONOMIC (McKeever) <br />4.1 SEPTEM8ER EVENTS <br /> <br />Meetings were held with Ernst and Whinney to discuss the <br />financial analysis of AQUATRAIN cost figures. Ernst and <br />Whinney will complete their analysis for inclusion in the <br />Preliminary Report. <br /> <br />5.0 SUBTEAM: TECHNICAL/ENGINEERING (Legal) <br />5.1 SEPTEMBER EVENTS <br /> <br />Riley Ridge, Wyoming, appears to be a source of large, favorably <br />located CO2 reserves for AQUATRAIN. Sufficient CO2 reserves <br />exist to move up to 100 million tons per year of coal for <br />35 years. Raw gas at Riley Ridge contains CO2 which ranges <br />from 60-69 percent of the raw gas. Holders of the mineral <br />reserves cannot economically develop the natural gas (methane) <br /> <br />2 <br />