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ASSIGNMENT OF RECORD TITLE
<br />TO FEDERAL COAL LEASE C-29226
<br />COLOWYO COAL COMPANY ("Assignor"), a Delaware general
<br />partnership between Gracoal, Inc., a Delaware corporation
<br />("Gracoal"), and Gracoal II, Inc., a Delaware corporation
<br />("Gracoal II"), both wholly-owned subsidiaries of Grace Energy
<br />Corporation, a Delaware corporation, hereby quitclaims,
<br />transfers, and assigns to COLOWYO COAL COMPANY L.P. ("Assignee")
<br />a Delaware limited partnership, having its principal office at
<br />5731 State Highway 13, Meeker, Colorado 81641, effective
<br />August 9, 1993, all of Assignor's right, title, and interest in
<br />that certain Federal coal mining lease described as follows (the
<br />"Lease"), insofar as the Lease covers and relates to the
<br />following land:
<br />Lease Effective
<br />Serial No. Date
<br />C-29226 April 1, 1983
<br />Land Description
<br />Township 3 North, Ranve 93 West. 6th P.M.
<br /> Section 19: Lots 1, 2, 3, E1/2, E1/2W1/2;
<br />•
<br />• Section 20: Lot 1, N1/2 , SW1/4, N1/2SE1/4, SW1/4SE1/4;
<br />
<br /> Section 21: Lots 1, 3, 5, 6, 7, 8, 10, N1/2, N1/2SW1/4,
<br /> NW1/ 4SE1/4,
<br /> Section 28: Lots 4, 5, 6, 7, 8, 12, 13, 15;
<br />
<br /> Section 29: Lots 2, 3, 5;
<br />in Rio Blanco County, Colorado, containing 1,894.06 acres, more
<br />or less, subject to the overriding production royalty reserved in
<br />that certain Assignment dated December 15, 1992 from Reserve Coal
<br />Properties Company, a Delaware corporation, to Assignor.
<br />n
<br />Assignee expressly agrees by execution and acc~tari~e
<br />of this Assignment to pay, discharge, or fulfill all of ~='
<br />Assignor's liabilities and obligations as lessee under the Leasd,
<br />and all liabilities and obligations of Assignor under previous"~
<br />assignments of the Lease. Further, Assignee accepts the o
<br />assignment contained herein subject to all rights reserved by €Fie
<br />United States as lessor and by any other interest of recd on--~-_
<br />the effective date of this assignment.
<br />UNf1~sTA7~OFAMERIG- MAR 1 1994
<br />AS&19NMENTAPPRONED EFfEC1NE_.,./~~
<br />9Y: ~f ~G~--'
<br />As oc' State Director
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