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Louis M. LaGiglia <br /> Trustee for <br /> Mid-Continent Resources, Inc. <br /> P.V -Bbx 500 <br /> Carbondale, Co 81623 <br /> Phone (970)963-2581 Fax (970)963-2816 <br /> July 24 , 1996 <br /> Mr. Andrew J. Heinz <br /> Credit Manager <br /> Sanwa Business Credit Corporation <br /> One South Wacker Drive <br /> Chicago, Il 60606 <br /> Mr. Jeff Tetrick, CFO <br /> Colorado Compensation Insurance Authority <br /> P.O. Box 241303 <br /> 720 Colorado Blvd. , #100N <br /> Denver, CO 80224 <br /> Dear Andy and Jeff : <br /> Enclosed is the June, 1996 report for the Creditor' s Trust . <br /> Please contact me if you have any questions about the report . <br /> Very truly yours, <br /> Louis M. LaGiglia <br /> Trustee <br /> cc : Jim Holden <br /> Mike Long <br />