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ASSIGNMENT OF RECORD TITLE INTEREST <br />IN A FEDERAL COAL LEASE <br />THIS ASSIGNMENT OF RECORD TITLE ("Assignment") dated December 31, <br />2003 is from Bowie Resources Limited, a Colorado corporation, with an address at 2000 <br />Ashland Drive, Ashland, Kentucky 41101 ("Assignor"), to Bowie Acquisition Group, <br />LLC, a Kentucky limited liability company, with an address a[ 1500 North Big Run <br />Road, Ashland, Kentucky 41102 ("Assignee"). <br />For Ten Dollars and other good and valuable consideration, the receipt and <br />adequacy and sufficiency of which are hereby confessed and acknowledged by Assignor, <br />Assignor does hereby grant, sell, assign, transfer and set over to Assignee all of the <br />Assignor's 100% record title interest in and to Federal Coal Lease No. COC-037210 (the <br />"Lease"), covering the following lands located in Delta County, Colorado: <br />Township 13 South, Ranee 91 West, 6`" PM <br />Section 06: Lats 5-7, SW/4NE/4, SE/4NW/4, E/2SW/4, SE/4 <br />Section 07: Lots I, 2, E/2, E/2NW/4 <br />Section O8: W/2 <br />Section 17: N/2NW/4 <br />Section 18: NE/4NE/4, N/2NW/4NE/4, SE/4NW/4NE/4 <br />Township 13 South. Rance 92 West. 6°i PM: <br />Section 01: S/2 <br />Section 02: SE/4 <br />Section 10: Lots 10, 11,14-16 `1'; _ <br />Section 11: E/2, S/2SW/4 <br />Section 12: Lots 1-8, 10-14, SW/4SW/4 <br />Section l3: Lots 2, 7-10, NW/4 _ <br />Section 14: Lots 1-16 - <br />Section 15: Lots 1-3, 6-I 1, 14-17, 20, 21 <br />Section 22: Lots 1-3, 6-8 <br />Section 23: Lots 1-8 <br />Containing 5,037.230 acres, more or less `-~~ <br />TO HAVE AND TO HOLD the Lease unto Assignee, its successors and assigns <br />forever. <br />This Assignment is made and accepted without any covenants or warranties <br />whatsoever, either express or implied. <br />.- ~. i'r i] STATES OF <br />Lexlibrary218077_1.DDC <br />MAR ( 2~~5 <br />FEB 4 2QCc, <br />