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Bill Killip, Mark Davis <br />Colorado Board of Land Commissioners <br />February 12, 2003 <br />Page 2 <br />with Bill's assistance, we recently filed requests for a one -year extension of the well permits. <br />Assuming the requests are granted, GCC Rio Grande will have until February 5, 2004 to <br />complete any additional wells and file statements of beneficial use with the State Engineer. <br />Thank you for your continued support and assistance as GCC Rio Grande moves ahead <br />with its project. If you have questions or would like additional information, please do not <br />hesitate to call me or Paul Seby. <br />CFB /brs <br />cc: Francisco Ortega via FedEx <br />Luis Lardizabal via FedEx <br />Paul Seby <br />Brian Tilton (w /out attachments) <br />{90065:1) <br />Sinc-rely yours, <br />1 <br />Carolyn F. Burr <br />For the Firm <br />2 <br />