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COTTONWOOD LAND COMPANY 1475 Pine Grove Road Suite 207 <br /> Steamboat Springs,Colorado 804878801 <br /> (970)870-8733 <br /> Fax(9701 870-9006 <br /> April 28, 1998 <br /> Hockett Farms <br /> Duane and Darrell Hockett <br /> P.O. Box P <br /> Hayden, CO 81639 <br /> RE: Payment To Extend Surface Use Agreement For 1998 <br /> Dear Duane and Darrell: <br /> In order to extend our Surface Use Agreement to continue our coal exploration <br /> work for an additional year, enclosed is Cottonwood Land Company check #1527 in the <br /> amount of One Thousand Four Hundred Forty Dollars ($1,440.00). In the near future I <br /> will be mailing you an additional check to pay for the actual activities to be conducted on <br /> your property this summer (core drilling, seismic lines, water monitoring wells) in the <br /> amounts agreed upon in your Surface Use Agreement. <br /> If you have any questions regarding this payment or our proposed exploration <br /> work please call me at (970) 870-8733. I have sent you duplicate copies of this letter for <br /> you to sign one, below, and return it to me in the en <br /> f this payment. Thank you. <br /> Sincerely, <br /> Thomas B. Petrosky <br /> Manager-Land <br /> Enclosures <br /> Duane or Darrell Hockett <br /> 82-256/1021 1527 <br /> COTTONWOOD LAND COMPANY 4210034553 <br /> 1475 PINE GROVE RD., STE. 207 } <br /> STEAM <br /> DATE <br /> J <br /> PAY TO THE A�OR $ <br /> DER OF , I �D 7 V <br /> :j <br /> do Community First <br /> A Netimel Bank 6 <br /> 1f1 Wmp •P.O.IliaR9N l <br /> 5 bw14PrAneµ C98NT78M7] 9F <br /> OO (9N)YriJON <br /> MEMO MA <br /> 1: 102ID2S631: II' 421003L. SS311' IS27 <br />