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COORS ENERGY COMPANY <br />KEENESBURG MINE <br />PHASE I BOND RELEASE APPLICATION <br />Date of Request: December 5, 2014 <br />Permittee: Coors Energy Company <br />Permit Number: C- 1981 -028 <br />Permit Approval Date: November 3, 1981 <br />Mine Name: Keenesburg Mine <br />Bond Release Phase Requested: Phase I <br />Acreage: Permit Area — 555.4 acres (obtained from April 2014 Surety Increase Decision) <br />Disturbed — 271.4 acres (obtained from April 2014 Surety Increase Decision) <br />Area Requested for Release — 27.1 acres <br />Bonding Company: Travelers Casualty and Surety Company of America <br />Bond Type: Surety <br />Bond Number: 103799990 <br />Original Bond Amount: $9,077,000 (November 1983 permit issuance) <br />Current Bond Amount: $1,971,874 (as of July 3, 2014 increase) <br />Bond Amount Requested for Release: $321,794 <br />Legal Description of the Area Requested for Bond Release: The Phase I bond release <br />application requests release of bond and liability for successfully completing grading and drainage <br />control tasks in Areas 30, 31, and 32 within the Keenesburg Mine site. These areas are located in <br />portions of Section 25, Township 3N, Range 64W, Sixth Principal Meridian, Weld County, <br />Colorado. The total area is approximately 27.1 acres. <br />Map: The attached map identifies the areas requested for Phase I bond release as well as the <br />permit boundary and bond release status of other areas within the permit boundary. <br />Dates of Reclamation Work: Area 30 was graded, topsoiled, and seeded in the fall of 2006. Area <br />31 was graded, topsoiled, and seeded in the fall of 2009. Final grading of Area 32 was just <br />completed in November 2013. <br />Description of Bond Release Amount Request: This Phase I bond release request is for Areas <br />30, 31, and 32 which have been successfully backfilled and graded. The revised DRMS <br />reclamation cost estimate prepared in March 2014 as a line item for "Backfill B -Pit Parcels 30, 31, <br />and 32" equals $321,794.07. Coors Energy Company is requesting the release of this full amount. <br />Notice to Parties Identified in Rule 3.03.2(1): Notification letters were posted via certified <br />mail after receipt of DRMS approval of the notification letter content to the entities included in <br />Section 2.03.4 (7) of the DRMS Reclamation Permit (notification letter and certified mail receipts <br />are attached). A copy of the letters to the Weld County Clerk and Recorder and the Town of <br />Keenesburg, requesting retention of a public copy of bond release application are also attached. <br />Newspaper Advertisement: A copy of the newspaper advertisement being published in the Fort <br />Lupton Press is attached. An affidavit of publication will be submitted after the four -week running <br />period. <br />SL -07 December 2014 <br />