|
UNITED STATES
<br />DEPARTMENT OF THE INTERIOR Serial No.: COC67232
<br />BUREAU OF LAND MANAGEMENT Date of Lease: March 1.2007
<br />MODIFIED COAL LEASE
<br />PART I.
<br />THIS MODIFIED COAL LEASE is entered into on DEC 0 1 2J17 by and between the UNITED STATES OF AMERICA,
<br />hereinafter called the Lessor, through the Bureau of Land Management, and
<br />Ark Land, LLC
<br />One CityPlace Drive, Ste. 300
<br />St. Louis, MO 63141
<br />hereinafter called Lessee.
<br />This modified lease shall retain the effective date March I, 2007, of the original Coal Lease COC67232, and is effective for a period of
<br />20 years therefrom, and for so long thereafter as coal is produced in commercial quantities from the leased lands, subject to
<br />readjustment of lease terms at the end of the 20th lease year (March 1, 2027), and each 10 -year period thereafter.
<br />Sec. 1. This lease is issued pursuant and subject to the terms and provisions of the Mineral Lands Leasing Act of 1920, as amended,
<br />41 Stat. 437, 30 U.S.C. 181-287, hereinafter referred to as the Act; and to the regulations and formal orders of the Secretary of the Interior
<br />which are now or hereafter in force, when not inconsistent with the express and specific provisions herein.
<br />Sec. 2. Lessee as the holder of Coal Lease COC67232, issued effective March 1, 2007, was granted the exclusive right and privilege
<br />to drill for, mine, extract, remove or otherwise process and dispose of the coal deposits in, upon, or under the lands described below as
<br />Original Lease.
<br />The Lessor in consideration of fair market value, rents and royalties to be paid, and the conditions and covenants to be observed as
<br />herein set forth, hereby grants and leases to Lessee the exclusive right and privilege to drill for, mine, extract, remove, or otherwise
<br />process and dispose of the coal deposits in, upon, or under the lands described below as Modification:
<br />c-
<br />c
<br />r
<br />Oris:incl Lease: c
<br />�- Sixth Principal Meridian, Colorado
<br />T. 13 S., R. 90 W.,
<br />sec. 35, lots I 1-16, 24, 28, 30, 32, and 33;
<br />sec. 36, lots 5 and 7, and WAWA.
<br />W A.
<br />T. 14 S., R. 90 W.,
<br />sec. 1, lots 3 and 4, S'/aNW'A, SW'/4, W'/2NW'ASE'/4, and SW'/4SE'/4; T
<br />sec. 2;
<br />sec. 11, NV2NE'/4, and NV2W'/4;
<br />sec. 12, N%NW'/4, and NW'/4NE'/4.
<br />Containing approximately 1,528.180 acres, more or less, in Gunnison County, Colorado.
<br />Modification:
<br />Sixth Principal Meridian, Colorado
<br />T. 14 S., R. 90 W.,
<br />sec. 11, SW'/4NE'/4, WV2SE'/4, and SE'/4SE'/4;
<br />sec. 14, NE'/4, E'/2SEIANW'/4, E'hNE'/4SW'/4, S'/2SW'/4, and SE'/4;
<br />sec. 15, SE'/4SE'/4;
<br />sec. 22, EV2NE'/4;
<br />sec. 23, NW'/4NE'/4, and NW'/4.
<br />Containing approximately 920.00 acres, more or less, in Gunnison County, Colorado.
<br />containing 2,448.180 acres, more or less, together with the right to construct such works, buildings, plants, structures, equipment and
<br />appliances and the right to use such on -lease rights-of-way which may be necessary and convenient in the exercise of the rights and
<br />privileges granted, subject to the conditions herein provided.
<br />
|