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ExxonMobil <br />Global Services Company <br />Colony Shale Oit Project <br />P.O. Box 2567 <br />Houston, Texas 77252-2567 <br />E~onMobil <br />Section 112 Annual Report & Fee <br />Permit M-1980-047 <br />October 22, 2007 <br />Division of Reclamation, Mining and Safety <br />Colorado Department of Natural Resources <br />1313 Sherman Street, Room 215 <br />Denver, CO 80203 <br />Dear Sirs: <br />RECE" rr_ ~ <br />ocr z s , nor <br />Division of h .~ nauon, <br />Mining ana Safety <br />Enclosed are the Section 112 annual fee payment in the amount of $791.00 and <br />two copies of our annual report for the Colony Shale Oil Project. <br />Rule 1.15(1)(a) requires an updated statement regarding the sufficiency of the <br />value of the Financial Warranty. We believe that the Financial Warranty for the <br />subject permit is sufficient. <br />Pursuant to issues raised by the Division in last year's inspection, we provided a <br />submittal that resulted in the Division's approval of a reduction in the Project's <br />affected acreage. Reductions resulted from both clarification of post-mining land <br />use and demonstration that certain areas had been reclaimed to the standards <br />described in the permit. Accordingly, the total affected acreage has been reduced <br />substantially, and all remaining affected acreage is now confined to lands within <br />the Colony Resource Block as described in the 1984 Amendment. We have <br />attached a reclamation map that depicts the remaining affected acreage, <br />consistent with the aforementioned approvals. <br />If you have any questions, please do not hesitate to call me at (281) 654-6183. <br />Sincerely, <br />"~^'f v <br />o~ M. Smith <br />Colony Supervisor <br />Enclosures <br />An ExxonMObil Subsidiary <br />