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<br />COAL MIIr'IIVG LEASE `
<br />{{ THIS COAL MINING LEAST (herein the 'Lease'), enured into effective
<br />(,'L!t'C,~,~ 3 1990, between WiLLiAM D. SWING, JR. of 316 Scenic Avenue,
<br />Piedmont, California 94611 as Co-Successor Trustee, and THE FIRST INTERSTATE
<br />~ BANK OF DENVER, N.A., f!k/a THE FIRST NA'I10NAL BANK OF DENVER, a
<br />' National Banking Association, of 633 17th Street, Denver, Colorado 80270, ns Co-
<br />Successor Trustee by Virtue of Appointment by the District Court in Delta, Colorado,
<br />August 9, 1976, as Lessors, and OAKRIDGE ENERGY, INC., a Utah corporation. as
<br />Lcssec.
<br />1. Grant. In consideration of the concurrent purchase by the Lessee from the
<br />Lessors of the entire surface estate and certain fractional interesu in the mineral estate
<br />in the lands defined hereinafter as the "Leased Premises,' and for other good and valuable
<br />consideration, including the production royalties and commitments herein agreed to be
<br />paid and performed by lessee, Lessors hereby grant and lease to Lessee an undivided
<br />one-fourth (1;4) interest in and to all coal in, upon or underlying the ]ands described
<br />below located in La Plata County, Colorado, to-wit:
<br />TOWNSHIP 35 NORTH. RANGE 9 WEST. N.M.P.M..La Plata County,
<br />Colorado: Sxtion 33: All
<br />Section 34: Lots 1, 2, 3, 4, 5, 6, 7, 10, 11 and 12
<br />TOWNSHIP 34-1/2NORTH RANGE 9 WEST N )•f P M is Plata Count
<br />Colorado: Section 34: Lots 3 and 4
<br />Section 33: Lots 1, 2, 3, 6, the El/2SE1/4 and the E1/2SW1/4
<br />TOWNSHIP 34 NORTH. RANGE 9 WEST N M P M La Plata unty
<br />Colorado: Section 4: NEl/4NW1/4, NW]/4NE1/4, SEI/4NW1/4
<br />(hereinafter the 'Leased Premises'), together with the right to explore (or, mine (hy open
<br />pit, underground. ~tri~, auger or any other method), transport, remo ve and m~.rket all
<br />coal leased herein; and to the rctent Lessors h;.ve or may have the right and title to
<br />gent and Icasc such rights, the right to use as much as the surface of the Leased
<br />Premises as may be necessary or reaso~ahly convenient in the exercise of the rights
<br />grained by this Lease, including the right to construct, install, locate, oper:~+_ and
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