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~,: <br />.• <br />III IIIIIIIIIIIIIIII <br />sss <br />COTTONWOOD LAND COMPANY <br />Apri128, 1998 <br />Ms. Bemice Slaight <br />640 Legion Ave. <br />Craig, CO 81625 <br />RE: Payment To Extend Surface Use Agreement For 1998 <br />Deaz Ms. Slaight: <br />1675 Pme Grove Road Su~le 207 ' <br />Steamboat Springs, Colorado 8046Y8601 <br />(970)870-8733 <br />Fax (970) 070-9006 <br />In order to extend our Surface Use Agreement to continue our coal exploration work for <br />an additional year, enclosed are Cottomvood Land Company checks # 132 in the amount of <br />One Hundred Eighty-Four Dollars ($18=4.00), made out to you as payment for your 1/2 interest <br />in the property; check #133 in the amount of Ninety-Two Dollars ($92.00) made out to Kayron <br />Baalhom Rhuman for her 1/4 interest in the property; and check #1534 in the amount of Ninety- <br />Two Dollars ($92.00) made out to Johnabeth Sealy for her 1/4 interest in the property. In the <br />near furure I will be mailing you an additional checks to pay for the actual activities to be <br />conducted on your property this summer (core drilling, seismic lines, water monitoring wells) in <br />the amounts aereed upon in your Surface Use Agreement. <br />If you have any questions regazding this payment or our proposed exploration work <br />please call me at (970) 370-8733. I have already talked to Mike Williams re_arding the location <br />of our proposed work this summer and he has no problem and has been assured that we will <br />reimburse him for any loss of production due to any crop damage that may be caused by our <br />activities. <br />I have sent you duplicate copies of this letter for you to sign one, below, and return it to <br />me in the enclosed self-addressed enveVope as our receipt of these payments. Thank you. <br />Sincerely, <br />Thomas B. Petrosky <br />Manager-Land <br />Enclosures (checks #1532, #]533, #1534) <br />Bernice Slaight, for herself <br />and on behalf of Kavron Balhorn `~ <br />Rhuman and Johnabeth Sealy <br />