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<br />UNITED STATES Serial Number COC-72922 --?
<br />DEPARTMENT OF THE INTERIOR
<br />BUREAU OF LAND MANAGEMENT 'Issue Date: June 01_._2009
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<br />COAL EXPLORATION LICENSE Expiration Date: June 01, 2011 ?
<br />This license, entered into on, March 01, 2009 by the United States of America, the licensor; through the Bureau of
<br />Land Management (BLM), and
<br />Blue Mountain Energy, Inc.
<br />Deserado Mine
<br />3607 County Road 65
<br />Rangely, CO 81648
<br />the licensee, is hereby issued under the Mineral Leasing Act of 1920, as amended (30 U.S.C. section 181 et se g. and
<br />is subject to all applicable Federal, State, and local laws and regulations, including Title 43, Code of Federal
<br />Regulations (CFR), Part 3400.
<br />Sec. 1. RIGHTS UNDER LICENSE--This license confers the right to perform exploration operations in accordance
<br />with the terms and conditions of this license, the approved exploration plan, and applicable regulations in the
<br />following-described lands situated in the State of Colorado:
<br />T. 2 N., R. 100 W., 6th.P.M.
<br />sec. 7, Lots 5-10, 12, 14, 17, 20, 22, 24, 25;
<br />sec. 8, Lots 1-2, 8-9, 11, 13, 15, 17, 20;
<br />sec. 17, W2, W2E2;
<br />sec. 18, All;
<br />sec. 19, N2, N2S2;
<br />sec. 20, NW, W2NE, N2SW, NWSE;
<br />T. 2 N., R. 101 W., 6th.P.M.
<br />sec. 12, S2SW, SE;
<br />sec. 12, Lots 1-7, 13-17;
<br />sec. 13, NW, NE, SE;
<br />sec. 14, E2NE;
<br />sec. 24, NE, N2SE;
<br />T. 3 N., R. 101 W., 6th.P.M.
<br />sec. 20, NE;
<br />sec. 21, All;
<br />sec. 22, S2;
<br />sec. 26, N2, SW, W2SE, NESE;
<br />sec. 27, ALL;
<br />sec. 34, NW, N2NE;
<br />sec. 35, N2NW, NWNE;
<br />The area described contains approximately 6, 6720.25 acres
<br />a.
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