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COAL LEASES <br />(a) State of Colorado Coal Lease #366-13-8 <br />TOWNSHIP 6 NORTH, RANGE 91 WEST, 6TH P.M. <br />Section 29: Lots 1 and 2, S %2 <br />Section 31: E %2, NE %, NW %, Tract 38 <br />Section 32: All <br />(b) Coal Lease from C.C. Haubrich, et. al. <br />TOWNSHIP 6 NORTH. RANGE 91 WEST, 6TH P.M. <br />Section 30: Lot 4, E %i. SW '/, W '/z, SE '/4, S '/z, NE '/, SE %, NW '/ <br />(c) Coal Lease from the Axial Basin Ranch Company <br />TOWNSHIP 6 NORTH, RANGE 91 WEST. 6TH P.M. <br />Section 19: E %Z, E %2, W ''/2. Lot 2 (less W 520') <br />Section 30: N %2, NE %, NE %, NW '/ <br />(1 /8 interest in coal located above) <br />(d) Coal Lease from W. F. Simpson <br />TOWNSHIP 6 NORTH, RANGE 91 WEST, 6TH P.M. <br />Section 17: S ''/z, SE %, SE'/, SW '/, that part of SW '/ SW '/o, and NE '/ SE %, lying south of the <br />Yampa River <br />• Section 20: All <br />Section 21: W ''/2, NE %, NW %, N''/2, SW <br />Section 29: N %2, NE %, W ''/z, NW <br />(25 percent interest in coal located above) <br />(e) Coal Lease from the Axial Basin Ranch Company <br />(75 percent interest in coal listed under Simpson Lease above <br />(f) United State Coal Lease #C-0127865 <br />TOWNSHIP 5 NORTH, RANGE 91 WEST, 6TH P.M. <br />Section 6: Lot 17 <br />(g) Coal Lease from Mildred Osborn, et. al. <br />TOWNSHIP 5 NORTH, RANGE 91 WEST, 6TH P.M. <br />Section 31: Tract 39 <br />0 <br />Permit Renewal RN08-05 2.03-12 01/15/09