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<br />CEC 1994-1996 DRILLING PROGRAM <br />RECLAMATION BOND ESTIMATE <br />Drill Holes <br />Assume: 24 holes at an average depth of 2144 feet per hole <br />6 1/4" diameter hole <br />16.23 CY per hole <br />Plugging hole <br />Rig Time <br />10 hours/hole x $125/hour x 24 holes = $30,000 <br />Water Truck <br />10 hours/hole x $37.02/hour x 24 holes= $ 8,885 <br />Flatbed Truck <br />10 hours/hole x $35.07/hour x 24 holes = $ 8,417 <br />Pickup <br />10 hours/hole x $29.37/hour x 24 holes = $ 7,049 <br />Cement Grout slurry <br />16.23 CY/hole x $62/CY x 24 holes = $24,151 <br />Regrading site/backfill pits <br />Equipment-dozer 4 hours/hole <br />4 hours/hole x $50/hour x 24 holes = $ 4,800 <br />Regrading roads <br />Dozer <br />(18.6 acres x 43,560 SQf/acre x 1.5 ft strip x <br />1.165 swell factor) / (27 cf/CY) = 52,440 CY <br />(52,440 CY) / (249.81 LCY/hour) = 210 hours <br />210 hours x $56.07/hour = $11,775 <br />Revegetation <br />24.2 acres x $300/acre = $ 7,260 <br />