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American Shale OR, LLC <br />110 East 3'd Street, Suite 210 <br />P.O. Box 1470 <br />C CO 81650 <br />Rifle, <br />(970) 625-4324 <br />June 30, 2008 <br />Mr. Steve Shuey <br />Colorado Division of Reclamation Mining & Safety <br />101 South 3' Street, Suite 301 <br />Grand Junction, CO 81501 <br />American Shale Oil, LLC - Notice of Intent to Conduct Prospecting Operations <br />Phase I OR Shale Research, Development, and Demonstration Project <br />E1/2SW1/4 and W1/2SE1/4, Section 21, Township 2 South, Range 98 West, 6`h P1VI <br />Rio Blanco County, Colorado <br />Dear Mr. Shuey: <br />American Shale Oil, LLC (AMSQ) is submitting the enclosed Notice of Intent to Conduct Prospecting <br />Operations (NOI) to support Phase I of AMSO's Oil Shale Research, Development, and Demonstration <br />(RD&D) project in Rio Blanco County, Colorado. The enclosed application fee payment of $86.00 <br />accompanies this NOI. With this letter and as stated on each page of the enclosed NOI, AMSO <br />releases the Colorado Mined Land Reclamation Board and the Colorado Division of Reclamation <br />Mining & Safety from holding the information provided in the enclosed NOI protected as confidential. <br />AMSO acknowledges that the ilnfozmationn provided ill the enclosed NOI will be a matter of public <br />record. <br />Please do not hesitate to contact in(,- if you have any questions regarding the enclosed NOI or we may <br />be of any assistance in your review of this NOI submittal. I may be reached at (970) 625-4324 or <br />rday&dt.net. <br />Sincerely, <br />American Shale Oil, L.L.C. <br />Roger L. Day <br />Vice President of Operations <br />Enclosures 0