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Page 2 of 2 <br />To: Kaldenbach, Tom <br />Subject: Carbon Junction Mine Phase I bond release <br />Tom: <br />In reviewing calculations in the E-mail sent to you by Mike Savage it was stated that the recalculated bond <br />resulted in an amount of $718,110. <br />On November 16, 2007, the CDRMS received from JPMorganChase notice that the L/C had been decreased by <br />$121,090 to a new aggregate amount of $695,436 and the Company received a letter from CDRMS advising <br />that the release had been approved. <br />The above-referenced recalculation to $718,110 seems irregular. Please advise me of the bond release amount <br />and the remaining warranty required. <br />Sandra Pautsky, President <br />Oakridge Energy, Inc. <br />4613 Jacksboro Highway <br />Wichita Falls, Texas 76302 <br />Telephone (940) 322 4772 <br />Telefax (940) 322-9452 <br />E-mail Pautsky@aol.com <br />Need a new ride? Check out the largest site for U.S. used car listings at AOL Autos. <br />4/24/2008 <br />