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NoJA+19 '95 05:09PM DIV{MINERALS&GEMOLOGY 303 945 2303 P.S/U <br /> Mr. Michael B. Lang <br /> January 18, 1995 <br /> Page - 3 <br /> for 'them to be negotiating concerning the" performanoe of <br /> reclamation. This responsibility is vested in Mid-Continent <br /> Resources, Inc. and Louis H. LaGiglia as the Creditors' Trustee <br /> under the order entered by the United states Bankruptcy Court and <br /> under the provisions of the approved Liquidation Plan. <br /> With respect to the role of Mld-Continent Resources, Inc. <br /> In thle process, your attention is directed to paragraph No_ 2 of <br /> the Order confirming Debtors' Second Amended Plaza of LicrUdatLon <br /> entered April 11, 1994 by the United States -Bankruptcy- Judge <br /> providing: <br /> "The Debtor is authorized to take any action.necessary Or <br /> appropriate to implement, effectuate and consummate the playa in <br /> accordance with Its terms, without further order of the Court." <br /> your attention is further called to Amendment to Debtors' <br /> Second Amended Plan of Liqu,idatton No. 2 providing that: <br /> "Timing of Distributions and Expenditure of Funds. To <br /> the extent that funds to be provided to the MLRB pursuant to <br /> Sections 4.-3.2, 6.3.2, and 6.3.4 of the Plan are available, such <br /> funds shall, be distributed so as to permit the timely performs es <br /> of the Reclamation Plan according to any. reclamation schedule <br /> negotiated prospectively among -the Debtor, the DMG, and the MLRI3. <br /> In general, such reclamation schedule shall provide for the <br /> Completion of principal reclamation activity at the Nine Site prior <br /> to December 1, 1996. Funds received by the MLRB pursuant to <br /> sections 4.3.1 and 4.3.2 of the Plan shall be expended by the MLRB <br /> pursuant to the Reclamation Plan and such reclamation schedule. " <br /> (emphasis supplied) ---We again request that a meeting be scheduled as agreed <br /> upon last fall iri the conference with •Kevin Riordan to negotiate a <br /> reclamation schedule in accordance with the approved Plan as <br /> directed by the United States Bankruptcy Court wh!Ch will <br /> accomplish- reclamation so as to permit the land exchanges to <br /> proceed. <br /> Sincerely, <br /> MID-coNTINENT RESOURCES, INC. <br /> By <br /> Rober m Delaney <br />