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DRMS Permit C-1992-080 Page 2 of 7 <br />I. PROCEDURES AND SUMMARY OF THE BOND RELEASE PROCESS <br /> <br /> OEI applied for complete bond release under the Colorado Surface Coal Mining and Reclamation <br />Act following reclamation of the Carbon Junction Mine. The mine is located in La Plata County, <br />in portions of Section 4, Township 34 North, Range 9 West; Section 33, Township 34 ½ North, <br />Range 9 West; and Section 33, Township 35 North, Range 9 West of the New Mexico Principal <br />Meridian, and being more particularly described as follows: <br /> <br /> Beginning at the SE corner of said Section 33, T35N; <br /> Thence S 89°55’10” W, a distance of 513.29 ft along the south line of said Sec 33, T35N; <br /> Thence S 18°14’00” W a distance of 3334.13 ft to the E 1/16 corner common to said Sec 33, <br />T34.5N and Sec 4 T34N; <br /> Thence S 03°17’33” W a distance of 1137.79 ft along the W line of NE1/4NE1/4 of said Sec 4 to <br />the NE 1/16 corner of said Sec 4 T34N; <br /> Thence S 79°49’43” W a distance of 1092.45 ft along the S line of NW1/4NE1/4 of said Sec 4 to <br />the Center N 1/16 corner of said Sec 4; <br /> Thence S 79°23’29” W, a distance of 916.43 ft along the S line of the NE1/4NW1/4 of said Sec <br />4; <br /> Thence North, a distance of 1234.00 feet to the N line of the NE1/4NW1/4 of said Sec 4; <br /> Thence N 82°40’03” E, a distance of 269.99 ft along the N line of the NE1/4NW1/4 of said Sec <br />4; <br /> Thence N 12°46’13” E, a distance of 1495.67 ft; <br /> Thence N 02°32’25” E, a distance of 318.27 ft; <br /> Thence N 82°34’57” W, a distance of 254.03 feet; <br /> Thence N 00°48’51” E, a distance of 363.74 ft; <br /> Thence N 53°17’34” E, a distance of 340.99 ft; <br /> Thence N 02°32’25” E, a distance of 175.56 ft; <br /> Thence N 00°59’47” E, a distance of 548.75 feet; <br /> Thence East, a distance of 600.00 feet; <br /> Thence N 14°06’30” E, a distance of 235.92 ft; <br /> Thence N 72°09’57” E, a distance of 174.30 ft; <br /> Thence S 69°50’40” E, a distance of 359.30 ft; <br /> Thence N 21°31’37” E, a distance of 791.07 ft; <br /> Thence N 85°48’07” E, a distance of 1357.22 ft to the E line of the SE1/4SE1/4 of said Sec 33, <br />T35N; <br /> Thence S 00°53’22” W, a distance of 709.42 ft along the E line of the SE1/4SE1/4 of said Sec 33, <br />T35N to the point of beginning, containing 222.95 acres, more or less. <br /> <br /> Less and Except <br /> Overlapping portion (58.61 acres, more or less) of a tract of land located within Section 4, <br />Township 34 North, Range 9 West and Section 33, Township 34 ½ North, Range 9 West of the <br />New Mexico Principal Meridian, La Plata County, Colorado and being more particularly described <br />as follows: <br /> <br /> Beginning at the SE corner of said Sec 33, T34.5W; <br /> Thence S 84°02’52” W, a distance of 1105.28 ft to the true point of beginning;