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~ ~iiiiiiiiiiiiiiiiiii <br />~7,~01`L! COMPAfJY, U.S.A. <br />POST OFFICE BO% 308 • GRAND.IUNCTION. COLORADO a 1502 0308 <br />COLONY SNALE OIL PROJECT <br />WiI LIAMN EK$TgANO <br />flE51OE Ni MANAGED <br />Mr. F. R. Banta, Director <br />Mined Land Reclamation Division <br />Colorado Department of Natural Resources <br />215 Centennial Building <br />1313 Sherman Street <br />Denver. Colorado 80203-2273 <br />Dear Fred: <br />• ~l p~DL1~7v-~ <br />February 10, 1989 <br />Amendments to the Reclamation permit for the Colony Shale Oil Project <br />approved in 1982 and 1984 described the level of activities planned by <br />Exxon after continued full-scale commercial development was determined to <br />be uneconomic in 1982. Work on the project has continued in accordance <br />with the approach described in these amendments. The required reclamation <br />and stabilization work has been completed, and the site is stable with <br />minimal risk of environmental damage on or off site. We sincerely appre- <br />ciated having thF~ quality of this work recognized with the 1987 Governor s <br />Reclamation Award for exceptional reclamation. <br />The 1984 amendment: covered work planned through 1989, with the expectation <br />that our plans for the project beyond 1989 would be updated as that time <br />approached. SincL: there is no significant change in our plans for eventual <br />full-scale commercial development of the project, and no additional acreage <br />will be disturbed in the foreseeable future, Exxon wishes to provide that <br />update by means of this letter. <br />Exxon's plans still include commercial development of the Colony project <br />when it is economic, but the timing remains uncertain. As we have done <br />since 1982, we will continue to perform activities related to the commer- <br />cial development of the project, consistent with our economic outlook. <br />Since most of the field construction which is prudent to do at this time <br />has been completed, and since the site has been stabilized through our re- <br />clamation efforts, the emphasis of our development activities after 1989 <br />will be on researrh and technical studies to identify more efficient <br />methods of mininy and extracting oil from shale, and handling and revege- <br />tating spent shale. <br />A DIVISION OF E%%ON GORPORATIOV <br />