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<br />~7f~ON COMPANY, U.S.A. <br />POST OFFICE BO%2180 • HOUSTON, TE%A577252-2180 <br />REFINING DEPARTMENT <br />SYNTHETIC FUELS <br />J~O <br />A~G~\ ~ ~c9 ,~~ <br />r r J J G0~ <br />l\~\ G\e~\~e~a~' <br />_o"` <br />Division of Minerals and Geology <br />Colorado Department of Natural Resources <br />1313 Sherman Street, Room 215 <br />Denver, CO 80203 <br />Dear Sirs: <br /> <br />October 27, 1999 <br />Section 112 Annual Report and Fee <br />Permit No. M-80-047 <br />Enclosed are the Section 112 annual fee payment and report for the Colony Shale Oil <br />Project. <br />Rule 1.15(1)(a) requires an updated statement regarding the sufficiency of the value <br />of the Financial Warranty. We believe the Financial Warranty for the subject permit is <br />sufficient. <br />If you have any questions regarding this submission, please do not hesitate to call me <br />at (713)656-1240. <br />Sincerely, <br />~~~.~~.- <br />Enclosures <br />c: J. F. Moore <br />Brent D. Patterson <br />A DIVISION OF E%%ON CORPORATION <br />