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sTPauL <br />TRAVELERS <br />October 12, 2004 <br />Mr. Ronald W. Cattany <br />State of Colorado <br />Division of Minerals and Geology <br />1313 Sherman St., Room 215 <br />Denver, CO 80203 <br />Re: <br />Our File No. <br />Bond No.: <br />Principal: <br />Obligee: <br />Claimant: <br />Dear Mr. Cattany: <br />Travelers Cas. & Surety Co. of rsmerica <br /> <br /> <br />Pioneer Sand Company, Inc. <br />State of Colorado Division of Minerals <br />State of Colorado Division of Minerals <br />RECEIVE® <br />OCT 142004 <br />Division st Minerals and Geslegy <br />This letter will acknowledge receipt of the above-referenced claim. We aze in the process of <br />reviewing the information you supplied and contacting the principal with regard to this matter. <br />Please forward all other information and correspondence you have to aid us in our investigative <br />efforts. We will be in touch with you shortly with a formal response and/or any questions that <br />may have arisen regarding the claim. If you have any questions in the meantime, please contact <br />me. <br />This correspondence and all prior or subsequent communications and/or investigative efforts <br />are made with the express reservation of all rights and defenses the Surety or Pioneer Sand <br />Company may have at law, equity or under the terms and provisions of the bond and contract <br />documents. This reservation includes, without limitation, defenses that may be available under <br />any applicable notice and suit limitation provisions. <br />Very truly yours, / /~ <br />Marc A. Eckardt <br />Claim Counsel <br />Bond Claim Department <br />MAE/jb <br />M- Zoo-o~-~ <br />Marc A. Eckardt ~~ - ~~ + ~~ <br />Claim Counsel <br />St. Paul Travelers Bond <br />3455 South 344'" Way, Suite 200 <br />Auburn, WA 98001-9546 <br />Phone: (253)946-7172 <br />Fax: (253) 946-7156 <br />c: Pioneer Sand Company <br />S:`dvm¢UUS~POm9.JCeep~y,N~mlm PIJIip~Ln,dprye,ylll SuuafCdWO`lrtio Wlipert Pafmm~ncldn,A-ISMdx <br />