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lue Mountain Energy, Inc. <br />Subsidiary of Deseret Generation & Transmission <br />8722 South 300 West <br />Sandy, Utah 84070 <br />Phone:801-566-1238; Fax:801-562-6302 <br />Mazch4, 1997 i~/F~ <br />RFCE. <br />Zions First National Bank <br />1 South Main MAR 1 41997 <br />Salt Lake City, Utah 84111 <br /> <br />Re: Coal Reclamation Bond <br />Treasury Note 03CL12/CUS[P No. 912827M90 <br />Dear Sir: <br />Zions First National Bank issued on behalf of Westem Fuels-Utah (WFU) a U.S. Treasury Note Safekeeping <br />Receipt No. 03CL 12/CUSiP 912827M90 on February 2, 1994 in the amount of $115,000.00 to the State of <br />Colorado as security for a coal reclamation bond for Permit No. C-81-018. The name of the corporation has <br />been changed from Westem Fuels-Utah, Inc. to Blue Mountain Energy, Inc. (BME) as evidenced by the <br />attached Articles of Amendment to Articles of Incorporation of Westem Fuels-Utah, Inc. <br />Because of this name change BME is required to submit a coal reclamation bond form to the State of <br />Colorado Division of Minerals and Geology (DMG) in the name of BME which will replace the bond <br />currently in WFU's name. Enclosed is a copy of the completed bond form for an authorized representative to <br />sign and return to me. Enclosed for your reference is a copy of the original bond for Permit No. C-81-018. <br />The DMG also requires that Zions First National Bank acknowledge the name change. Therefore, please <br />countersign this letter in the space provided below acknowledging this name change and return the letter to <br />me at your earliest convenience. <br />Please contact me if you have any questions on this matter. <br />Sincerely, <br />~~ <br />Ed Thatcher <br />Manager of Operations <br />Enclosures Acknow dgment f name change: <br />(N ie t ypeo or t• mte ) . I ~/ <br />(Title) .. <br />(Date) <br />