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0� COLORADO <br /> - Division of Reclamation, <br /> Mining and Safety <br /> Department of Natural Resources <br /> September 7, 2021 <br /> Mr. Dave Bowers <br /> Exxon Mobil Corporation <br /> C/o Caerus Oil and Gas LLC <br /> 145 Diamond Ave <br /> Parachute, CO 81635 <br /> Re: Permit No.M-1980-047, Colony Shale Oil Project,GarFeld County <br /> Succession of Operations Approval,SO1 <br /> Dear Mr. Bowers, <br /> On September 7,2021 the Division of Reclamation,Mining and Safety approved the succession of operator <br /> from Exxon Mobil Corp, to Caerus Cross Timbers LLC for this operation. Caerus Cross Timbers LLC is <br /> now the permitted operator of Colony Shale Oil Project, and as such, is responsible for all provisions <br /> in M-1980-047 as well as those specified in the Rules and Regulations. Exxon Mobil Corp. is <br /> relieved of all responsibilities concerning this operation. <br /> Please find enclosed the bond listed below. You should inform your bank/warrantor of this release. <br /> Bond Type Bond Number Bond Amount(s) <br /> Corporate Surety *125 $9,500,000.00 <br /> Please contact me at sara.stevenson-benn@state.co.us with any questions. <br /> Sincerely, <br /> Swenson-Benn <br /> Financial Warranty Specialist <br /> Cc: Amy Yeldell,DRMS <br /> Certified Mail: 7017 2400 0000 9119 3109 <br /> OIF CO[O <br /> 1313 Sherman Street, Room 215, Denver, CO 80203 P 303.866.3567 F 303.832.8106 http://mining.state.co.us <br /> Jared S. Polis,Governor I Dan Gibbs, Executive Director I Virginia Brannon, Director * ►lg76 <br />