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Louis M. LaGiglia - <br /> Trustee for <br /> Mid-Continent Resources, Inc. <br /> P. O. Box 500 <br /> Carbondale, Co 81623 <br /> Phone (970)963-2581 Fax (970)963-2816 <br /> June 23, 1997 <br /> Mr. Ernest Gerbaz RECEj\jE® <br /> 707 9th Street <br /> Glenwood Springs, CO 81601 SUN 2 6 07 <br /> Mr. Jeff Tetrick, CFO <br /> Colorado Compensation Insurance Authority �wjSionof minera�s Q�n�pgY <br /> P.O. Box 241303 <br /> 720 Colorado Blvd. , #100N <br /> Denver, CO 80224 <br /> Dear Ernie and Jeff: <br /> Enclosed is the May, 1997 report for the Creditor' s Trust. <br /> Please contact me if you have any questions about the <br /> report . <br /> Very truly yours, <br /> Louis M. LaGiglia <br /> Trustee <br /> cc: Jim Holden <br /> Mike Long <br />