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COTTONWOOD LAND COMPANY 1475 POe Grove Road.Suite 207 <br /> Steamgoat Springs,Colorado 80487--8801 <br /> (970)870-8733 <br /> April 28, 1998 Fax(970)870-9006 <br /> Marvin and Constance Barnes <br /> P.O. Box 635 <br /> Cedaredge, CO 81413 <br /> RE: Payment To Extend Surface Use Agreement For 1998 <br /> Dear Mr. And Mrs. Barnes:: <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 4 1526 in the <br /> amount of Three Hundred Thirty Four Dollars ($334.00). In the near future I will be <br /> mailing you an additional check to pay for the actual activities to be conducted on your <br /> property this summer(core drilling, seismic lines, water monitoring wells) in the amounts <br /> 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 encl <br /> this payment. Thank you. <br /> Sincerely, <br /> Thomas B. Petro sky <br /> Manager-Land <br /> Enclosures <br /> Marvin D. Barnes Constance L. Barnes <br /> 1 y 82-256/1021 1526 <br /> COTTONWOOD LAND COMPANY 421OM4553 <br /> 1475 PINE GROVE RD., STE. 207 STEAMBOAT SPRINGS, CO BD487 DATE 042�"00 1 <br /> YY(Aq Qf� �.Y J 4 �/j�NOp�✓/�J� $ 33,Y 00 <br /> DOLLARS a <br /> COmmunity First <br /> Natwal Bank <br /> 555 �In� pCO BD '/T39r9 <br /> r MEENNIOIlV'Y 7C'4 /`CA y ��I�6�Oiy ► p M <br /> i: 10 2 10 2 56 31: ill 421003455311' 1S226 <br />