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A perimeter tract of land less an inscribed tract of land located In Section 33,
<br />Township 35 North, Range 9 West, Section 33, Township 34%2 North, Range 9 West
<br />and Section 4, Township 34 North, Range 9 West, North of Ute Line, New Mexico
<br />Principal Meridian, In La Plata County, Colorado, being more particularly described
<br />as follows: Beginning at the Southeast Corner of said Section 33, Township 35 North;
<br />thence S 89° 55' 10" W, 513.29 feet along the south line of said Section 33, Township
<br />35 North; thence S 18° 14' 00" W, 3334.13 feet to the East 1/16 Corner common to
<br />said Section 33, Township 34%2 North and said Section 4; thence S 03° 17' 33" W,
<br />1137.79 feet along the east line of the NW'/4NE'/4 of said Section 4 to the Northeast
<br />1/16 Corner of said Section 4; thence S 79° 49'43" W, 1092.45 feet along the south
<br />line of the NW'/4NE'/4 of said Section 4 to the Center -North 1/16 Corner of said
<br />Section 4; thence S 79° 23' 29" W, 916.43 feet along the south line of the NE'/4NW'/4
<br />of said Section 4 to a 5/8" rebar with a 1'/2" aluminum cap stamped PLS 18450; thence
<br />North, 1234.40 feet to the north line of the NE'/4NW'/4 of said Section 4; thence N 82°
<br />40'03" E, 269.99 feet along the north line of the NE'/4NW'/4 of said Section 4 to a 5/8"
<br />rebar with a 1'/2" aluminum cap stamped PLS 18450; thence N 12° 46' 13" E, 1495.67
<br />feet; thence N 02° 32'25" E, 318.25 feet; thence N 82° 42' 50" E, 255.73 feet; thence
<br />N 00° 30' 26" E, 358.02 feet; thence N 52° 44' 41" E, 347.51 feet; thence N 02° 32'
<br />25" E, 175.16 feet; thence N 00° 59' 47" E, 548.75 feet; thence East, 600.00 feet;
<br />thence N 14° 06' 30" E, 235.92 feet; thence N 72° 09' 57" E, 174.30 feet; thence S 69°
<br />50' 40" E, 359.30 feet; thence N 21' 31' 37" E, 791.07 feet; thence N 85° 48' 07" E,
<br />1505.47 feet to the east line of the SE'/4SE'/4 of said Section 33, Township 35 North;
<br />thence S 00° 53'22" W, 709.42 feet along the east line of the SE'/4SE'/4 of said Section
<br />33, Township 35 North to the point of beginning. This tract is to be reduced by the
<br />inscribed tract which is further described as follows:
<br />A tract of land located in Section 33, Township 34%2 North, Range 9 West, and Section
<br />4, Township 34 North, Range 9 West, North of Ute Line, New Mexico Principal
<br />Meridian, In La Plata County, Colorado, being more particularly described as follows:
<br />Beginning on the south line of said section 33 whence the east 1/16 corner common to
<br />said sections 33 and 4 bears N 82°39'23" E a distance of 160.22; thence S 50°32'00"
<br />W a distance of 872.30; thence N 18°29'20" W a distance of 987.30; thence N
<br />50°46'31" E a distance of 410.77; thence N 40°42'10" W a distance of 467.05' to the
<br />west line of lot 6 of said section 33; thence N 04°22'42" E a distance of 93.44' along
<br />the west line of said lot 6; thence N 30°00'00" E a distance of 365.69' ; thence N
<br />53°00'00" E a distance of 260.00; thence S 52°00'00" E a distance of 730.00'; thence S
<br />00°00'00" E a distance of 1112.61 ; which is the point of beginning. The Carbon
<br />Junction Mine coal permit area contains a total of 164.19 acres more or less.
<br />Man. Maps 5-7, Oakridge Energy Carbon Junction Mine Disturbed Area and Map 5-8,
<br />Oakridge Energy Carbon Junction Mine Reclamation Features, Post -Mining Land Uses,
<br />Dryland Pasture Reference Area depict the coal permit area and reclaimed mine features
<br />requested for Phase III bond and liability release.
<br />Dates of Reclamation Work: The majority of final reclamation work was completed in
<br />2006. Final reclamation of the sediment control system (after approval by CDRMS) took
<br />place in the autumn of 2008, with final revegetation of those areas in the spring of 2009.
<br />Carbon Junction Mine Phase III Bond Release Application June 2016 Page 2
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