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DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources <br />1313 Sherman St., Room 215 <br />Denver, CO 80203 <br />Phone: (303) 866 -3567 <br />FAX: (303) 832 -8106 <br />July 22, 1993 <br />Mr. Frank Johnson <br />Attorney General's Office <br />1525 Sherman Street, 3rd Floor <br />Denver, CO 80203 <br />RE: Mid - Continent Resources, Inc. <br />Dear Mr. Johnson: <br />STATE OF COLORADO <br />Roy Romer <br />Governor <br />Recently, you asked me to search Garfield County records to <br />verify that the Deed of Trust from Mid - Continent Resources, Inc. <br />(MCR) to the State of Colorado- MLRB had been filed. <br />I, along with Debbie Mulloy- DMG, made the trip to Glenwood <br />Springs on 7/14/93. We were able to confirm that the original <br />Deed of Trust had been filed on 12/11/84. In addition, we noted <br />four filings of financial assignments from MCR to Sanwa Business <br />Credit Corp., and a judgment against MCR in favor of Joseph E. <br />Harker, et al. <br />Attached, as you later requested, you will find copies of the <br />pertinent documents associated with the Harker suit against MCR. <br />I took the liberty of copying the complaint, answer, and judg- <br />ment. Copy costs amounted to $7.00, 14 pages @ $.50 /page, a <br />receipt is enclosed. As you will note, the Harker suit resulted <br />from an admitted default on a promissory note for stock redemp- <br />tion interests held by the complainants. The suit was filed on <br />2/21/87, with judgment rendered on 12/7/87. <br />Our records indicate MCR submitted a new Financial Warranty on <br />11/30/89 to add the reclamation bond for M -82 -121, the limestone <br />quarry, to their Deed of Trust for their coal reclamation bond. <br />You will find copies of the pertinent documents attached. <br />I hope the information I have provided is helpful and of use to <br />your office. <br />Sincerely, <br />Lave P illips <br />Syst= s Analy <br />cc:l/Anthony Waldron <br />Bruce Humphries <br />/lpl <br />Michael B Long <br />Division Director <br />