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HomeMy WebLinkAbout20010937.tiff RESOLUTION RE: APPROVE PETITION FOR ABATEMENT OR REFUND OF TAXES - NORTH AMERICAN RESOURCES COMPANY WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, the Board of County Commissioners of Weld County, State of Colorado, at a duly and lawfully called regular meeting held on the 26th day of March, 2001, at which meeting there were present the following members: Chair M. J. Geile and Commissioners Glenn Vaad, William H. Jerke, and Robert D. Masden, with Commissioner David E. Long being excused, and WHEREAS, notice of such meeting and an opportunity to be present has been given to the taxpayer and the Assessor of said County, and said Assessor, Stan Sessions, being represented by Christopher Woodruff, and taxpayer North American Resources Company, c/o Logan and Firmine, not being present, and WHEREAS, the Board of County Commissioners have carefully considered the attached application, and are fully advised in relation thereto. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the Board concurs with the recommendation of the assessor and the petition be and hereby is, approved, and an abatement refund be allowed as follows: ASSESSED TOTAL TAX VALUATION TAX AMOUNT YEAR 501,720.00 43,097.68 1999 2001-0937 AS0048 t TAX ABATEMENT PETITION - NORTH AMERICAN RESOURCES COMPANY PAGE 2 The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 26th day of March, A.D., 2001. BOARD OF UNTY COMMISSIONERS ,ses`` WELD CO TY, COLORADO ATTEST: iat i!/ / 4 S .ol�// "Lab 11 �i ,I , i r' .01M. J. eile, C�ac Weld County Clerk to th4: a-; X31: Y& 1.4"71.1.4., p p �t �4 /Glenna a , PnViem BY: G` 2' �, G" /._. lr,1 , c D / Deputy Clerk to the BoarS� I� �, ' `1 William H. Jerke AP V D AS T F M: EXCUSED vi E�Lon� ounty Att y 2 � Ro ert D. Masden 2001-0937 AS0048 , Thatyearbetiti e s • PETITION FOR ABATEMENT OR REFUND OF TAXES Please submit in duplicate copies and answer all questions. County Name Weld Date Received Assessor's or Commissioners'Date Stamp PETITIONER: Complete Section I on this side only Section I: -- 2 Date: December 15, 2000 Month Day Year Petitioner's Name: North American Resources Company Petitioners mailing address: c/o Logan & Fi rmi ne, Inc. 333 W. Hampden Ave. , Sui te''740 Englewood CO 80110 City or Town State Zip Code SCHEDULE OR PARCEL NUMBER PROPERTY ADDRESS OR LEGAL DESCRIPTION OF PROPERTY See Attached Schedule Various Petitioner states that the taxes assessed against the above property for property tax year(s) 1999, are incorrect for the following reasons: (Briefly describe the circumstances surrounding the incorrect value or tax. (The petitioner's estimate of actual value must be included.) Attach additional sheets if necessary. The 1999 Oil and Gas Returns for North American Resources Company did not take all allowable deductions. Assessed Value Tax Original 10,998,800 933,803.40 Corrected 10,497,080 890,705.72 Abate/Refund 501,720 43,097.68 Assessed Value 10,497,080 11,996,663 1999 Petitioner's estimate of actual value$ ( )and $ ( ) Value Year Value Year Petitioner requests an abatement or refund of the appropriate taxes associated with a reduction in value. I declare, under penalty of perjury in the second degree, that this petition, together with any accompanying exhibits or statements, has been examined by me, and to the best of my knowledge, information and belief, is true, correct and complete. North American Resources Company Daytime Phone Number(406 )782-4233 P /� By Richard D. Logan Petitione if/ aytime Phone Number(303 )761-8260 gent*"1/4� *Letter of agency must be attached when petition is submitted. Every petition for abatement or refund filed pursuant to section 39-10-114, C.R.S., shall be acted upon pursuant to the provisions of this section by the board of county commissioners or the assessor, as appropriate, within six months of the date of filing such petition. 39-1-113(1.7), C.R.S. Section H: Assessor's Use Only Tax Year Tax Year Assessed Value Tax Assessed Value Tax Original Corrected Abate/Refund co.' hissie 4.q A ' 2001-0937 - L (FOR ASSESSORS AND COUNTY COMMISSIONERS USE ONLY) RESOLUTION OF COUNTY COMMISSIONERS Section I: in accordance with 39-1-113(1.5), C.R.S., the commissioners of County authorize the assessor review petitions for abatement or refund and to settle by written mutual agreement ar.' such petition for abatement or refund in an amount of one thousand dollars or less per tract, parcel, or lot of lana or per schedule of personal property. For property tax year(s) and , the assessor and petitioner mutually agree to the corrected total assessed value of$ and to the corrected total taxes of$ . The petitioner is due an abatement/refund of taxes in the amount of$ . PLEASE NOTE: THE TOTAL TAX AMOUNT DOES NOT INCLUDE ACCRUED INTEREST, PENALTIES, AND FEES ASSOCIATED WITH LATE AND/OR DELINQUENT TAX PAYMENTS, IF APPLICABLE. PLEASE CONTACT YOUR COUNTY TREASURER FOR FULL PAYMENT INFORMATION. Petitioner's Signature Date Assessor's or Deputy Assessor's Signature Date If Section I is not complete and/or if petition is for more than $1,000, Section II must be completed. Submit an original petition and a copy to the Division of Property Taxation. Section II: Assessor's recommendation: ❑ Approved or 0 Approved in part$ No protest filed in or . (If a protest was filed, please attach a copy of NOD.) 0 Denied for the following reason(s): 7 /(l) Section III: WHEREAS, The County Commissioners of County, State of Colorado, at a duly and lawfully called regular meeting held on / / , at which meeting there were present the following mo day yr members: with notice of such meeting and an opportunity to be present having been given to the taxpayer and the Assessor of said County and Assessor (being present/not present) Name and petitioner (being present/not present), and WHEREAS, The said Name County Commissioners have carefully considered the within application, and are fully advised in relation thereto, NOW BE IT RESOLVED, That the Board with the recommendation of the assessor agrees/does not agree and the petition be and an abatement/refund be for property tax year(s) (approved/denied) (approved/denied) and . The total taxes'to be abated or refunded are$ which represents an assessed value*of$ for property tax year(s) and . *If abating/refunding taxes for , more than one year, add the taxes together for a total tax to be abated/refunded: likewise, add the corresponding assessed values together. Chairperson of the Board of County Commissioners I, County Clerk and Ex-officio Clerk of the Board of County Commissioners in and for the aforementioned county, do hereby certify that the above and foregoing order is truly copied from the record of the proceedings of the Board of County Commissioners. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of said County at , this day of , Time Date Month Year County Clerk By Deputy County Clerk ACTION OF THE PROPERTY TAX ADMINISTRATOR Denver, Colorado, izz .-- 7_ O/ Month Day Year - •f the Board of Count" Commissioners, relative to the within petition, is hereby •proved; . Approved in part .. • 0 Denied for allowing reason(s): Secretary Properly Tax dministrator G\U S R\..\ABATE\F0RMREb.. - To: Weld County Assessor 1400 N. 17th Avenue Greeley, CO 80631 From: North American Resources Company 16 East Granite Street Butte, Montana 59701 This is to authorize Logan & Firmine, Inc., 333 W. Hampden Avenue, Suite 740, Englewood, CO. 80110, to act in our behalf as our agent in property tax matters for properties that we own, possess or control in your County. This agent is delegated authority to file and sign property statements, notices of protest and negotiate and resolve disputed tax matters, and we accept responsibility for any and all actions he makes in our behalf regarding property tax matters. This authorization is effective until revoked by the owner, a partner, or a corporate cer and supersedes all prior authorizations. Sign • de Title: President and COO Phone: (406) 496-5197 Date: June 13, 2000 NORTH AMERICAN RESOURCES COMPANY PETITION FOR REFUND OF TAXES-1999 TAXES(1998 PRODUCTION YEAR) • Well Site Remaining Deductions Deductions Deductions/ Assessed Value 1998 Gross Direct Operating (Oper.Costs+Roll Allowable Previously Deductions Not Exempt Royalty Ass atnent of Remaining Production Tax Revenue Expenses Roll ROI +ROI) 95%Limitation Deductions Taken Taken Percentage Ratio Deduction Tax Refund District Tax Rate Adam 10-01A Weld 3,298 2,330 307 294 2,931 3,133 2,931 216 2,715 0.000000% 87.50% 2,380 202.89 305 0.085249 Alaux 26-3 Weld 25,841 2,763 841 807 4,411 24,549 4,411 1,691 2,719 0.214840% 87.50% 2,370 178.17 1310 0.075178 Alaux 26-5 Weld 25,841 2.504 87 83 2.674 24,549 2,674 1,691 982 0.214840% 87.50% 860 63.79 1306 0.074178 Alaux F-01 Weld 25,841 2,740 268 257 3,266 24,549 3.266 1,691 1,574 0.000000% 87.50% 1,380 103.75 1310 0.075178 Anderson Trust to Weld 42,699 2,621 377 362 3,360 40,564 3,360 2,795 566 0.000000% 87.50% 490 38.63 1303 0.078834 Anderson Trust 32-2 Weld 18,516 3,798 159 152 4,109 17,590 4,109 1,212 2,897 9.375000% 87.50% 2,300 148.20 1102 0.064436 Anderson Trust 32-8 Weld 18,516 3,279 0 0 3,279 17,590 3,279 1,212 2,067 1.406000% 87.50% 1,780 140.32 1303 0.078834 Anderson Trust C-01 Weld -18,526 4,490 416 399 5,305 17,600 5,305 1,213 4,093 1.601300% 87.50% 3,520 277.50 1303 0.078834 Anderson Trust C-02 Weld 14,409 4,081 274 263 4,617 13,689 4,617 943 3,674 2.072800% 87.50% 3,150 245.18 1305 0.077834 Annis Weld 21,051 3,770 2,613 1,251 7,634 19,998 7,634 1,378 6,256 0.000000% 87.50% 5,470 466.31 305 0.085249 Arens 33-15 Weld 29,299 2,452 1,570 892 4,913 27,834 4,913 1,918 2,996 0.000000% 87.50% 2,620 215.16 108 0.082123 Aristocrat 21-105 Weld 30.612 1,889 815 405 3.108 29,081 3,108 2,004 1,105 0.000000% 87.50% 970 117.49 189 0.121123 - Aristocrat Federal 12-10C Weld 70,112 34 0 0 34 66,606 34 4,589 -4,555 6.250000% 87.50% -3,740 -453.00 189 0.121123 Aristocrat Federal 12-10J Weld 70,112 2,693 1,292 826 4,810 66,606 4,810 4,589 221 6.250000% 87.50% 180 21.80 189 0.121123 Aristocrat Federal 31-10C Weld 11,213 120 425 211 756 10,652 756 734 23 6.250000% 87.50% 20 2.42 189 0.121123 Aristocrat Federal 31-105 Weld 11,223 2,518 425 211 3,155 10,661 3,155 735 2,420 0.000000% 87.50% 2,120 256.78 189 0.121123 Aristocrat Angus 43-02 Weld 28,806 3,816 850 543 5,209 27,366 5,209 1,885 3,323 0.000000% 87.50% 2,910 236.07 102 0.081123 Aristocrat Angus 44-02 Weld 28,806 3,933 886 566 5,386 27,366 5,386 1,885 3,500 0.000000% 87.50% 3,060 248.24 102 0.081123 • Tank Battery 01-02Weld 0 0 0 0 0 0 0 0 0 0.000000% 87.50% 0 0.00 102 0.081123 Aristocrat 11-03 Weld 43,309 2,474 623 398 3,496 41,144 3,496 2,835 661 0.000000% 87.50% 580 47.63 104 0.082123 Aristocrat 12-03 Weld 43,309 2,474 83 53 2,609 41,144 2,609 2,835 -226 0.000000% 87.50% -200 -16.22 102 0.081123 Aristocrat 12-030 Weld 43,309 2,449 388 248 3,084 41,144 3,084 2,835 250 0.000000% 87.50% 220 18.07 104 0.082123 Aristocrat 21-03 Weld 43,309 2,889 1,550 991 5,431 41,144 5,431 2,835 2,596 0.000000% 87.50% 2,270 186.42 104 0.082123 Tank Battery 01-03 Weld 0 0 0 0 0 0 0 0 0 0.000000% 87.50% 0 0.00 102 0.081123 Aristocrat 31-04 Weld 23,964 2,303 125 80 2,507 22,766 2,507 1,569 939 0.000000% 87.50% 820 66.52 102 0.081123 Aristocrat 41-04 Weld 23,964 1,761 349 223 2,333 22,766 2,333 1,569 764 0.000000% 87.50% 670 55.02 104 0.082123 Aristocrat 41-040 Weld 23,964 2,264 0 0 2,264 22,766 2,264 1,569 695 0.000000% 87.50% 610 49.49 102 0.081123 Aristocrat 42-040 Weld 23,964 2,387 83 53 2,522 22,766 2,522 1,569 954 0.000000% 87.50% 830 67.33 102 0.081123 Tank Battery01-04 Weld 0 0 0 0 0 0 0 0 0 0.000000% 87.50% 0 0.00 102 0.081123 Aristocrat Angus 31-08 Weld 31,041 2,509 733 468 3,710 29,489 3,710 2,032 1,678 0.000000% 87.50% 1,470 174.97 2104 0.119030 Aristocrat Angus 32-08 Weld 31.041 2,514 740 448 3,703 29,489 3,703 2,032 1,671 0.000000% 87.50% 1,460 173.78 2104 0.119030 Aristocrat Angus 41-08 Weld 31,041 2,824 330 183 3,336 29,489 3,336 2,032 1,304 0.000000% 87.50% 1,140 135.69 2104 0.119030 Aristocrat Angus 42-08 Weld 31,041 2,718 557 331 3,607 29,489 3,607 2.032 1,575 0.000000% 87.50% 1,380 164.26 2104 0.119030 Tank Battery 01-08 Weld 0 0 0 0 0 0 0 0 0 0.000000% 87.50% 0 0.00 188 0.000000 Aristocrat 41-100 Weld 23,273 2,337 631 314 3,282 22,109 3.282 1,523 1,759 0.000000% 87.50% 1,540 186.53 189 0.121123 Aristocrat Angus 42-10 Weld 23,273 2,586 948 410 3,945 22,109 3.945 1,523 2,421 0.000000% 87.50% 2,120 256.78 189 0.121123 Tank Battery 01-10 Weld 0 0 0 0 0 0 0 0 0 0.000000% 87.50% 0 0.00 189 0.121123 Aristocrat Angus 33-02 Weld 33,122 4,289 581 371 5,240 31,465 5,240 2,168 3,072 0000000% 87.50% 2,690 218.22 102 0.081123 Aristocrat Angus 34-02 Weld 33,122 4,437 1,451 927 6,815 31,465 6,815 2,168 4,647 0.000000% 87.50% 4,070 330.17 102 0.081123 Tank Battery02-02 Weld 0 0 0 0 0 0 0 0 0 0.000000% 87.50% 0 0.00 102 0.081123 Aristocrat Angus 22-03 Weld 34,288 2,339 1,332 851 4,522 32,573 4,522 2,244 2,277 0.000000% 87.50% 1,990 163.42 104 0.082123 Page 1 of 9 NORTH AMERICAN RESOURCES COMPANY PETITION FOR REFUND OF TAXES-1999 TAXES(1998 PRODUCTION YEAR) Well Site Remaining Deductions Deductions Deductions/ Assessed Value 1998 Gross Direct Operating (Oper.Cosls+Rofl Allowable Previously Deductions Not Exempt Royalty Assessment of Remaining Production Tax Revenue Expenses Ron ROI +ROI) 95%Limitation Deductions Taken Taken Percentage Ratio Deduction Tax Refund District Tax Rate Aristocrat Angus 23-03 Weld 34,288 2,334 0 0 2,334 32,573 2,334 2,244 90 0.000000% 87.50% 80 6.49 102 0.081123 Aristocrat Angus 23-03O Weld 34.288 2,615 533 341 3,488 32,573 3,488 2,244 1,244 0.000000% 87.50% 1,090 88.42 102 0.081123 Aristocrat Angus 33-03C Weld 34.288 2.631 35 22 2,688 32.573 2,688 2,244 443 0.000000% 87.50% 390 31.64 102 0.081123 Aristocrat Angus 34-03O Weld 34,288 2,591 35 22 2,648 32,573 2,648 2,244 403 0.000000% 87.50% 350 28.39 102 0.081123 Tank Battery 02-03 Weld 0 0 0 0 0 0 0 0 0 0.000000% 87.50% 0 0.00 102 0.081123 Aristocrat Angus Fed.44-04 Weld 21,624 2,892 417 267 3,575 20,543 3,575 1,415 2,160 12.500000% 87.50% 1,650 199.85 2103 0.121123 Federal 43-04 Weld 21,624 2.755 572 288 3.615 20,543 3,615 1,415 2,199 12.500000% 87.50% 1,680 203.49 2103 0.121123 Federal43-04O - Weld 21,624 2,488 220 140 2,848 20,543 2,848 1,415 1,433 12.500000% 87.50% 1.100 133.24 2103 0.121123 Tank Battery 02-04 Weld 0 0 0 0 0 0 0 0 0 0.000000% 87.50% 0 0.00 102 0.081123 Aristocrat Angus ll-08 Weld 51,516 2,368 391 250 3,009 48,941 3,009 3.372 -363 0.000000% 87.50% -320 -38.09 2104 0.119030 Aristocrat Angus 21-08 Weld 51.516 2,335 500 320 3.155 48.941 3,155 3,372 -217 0.000000% 87.50% -190 -22.62 2104 0.119030 Aristocrat Angus 22-08 Weld 51,516 2,492 968 619 4,079 48,941 4,079 3,372 707 0.000000% 87.50% 620 73.80 2104 0.119030 Tank Battery 02-08A Weld 0 0 0 0 0 0 0 0 0 0.000000% 87.50% 0 0.00 188 0.000000 Aristocrat Angus 43-03O Weld 38.860 2,585 35 22 2,642 36,917 2,642 2,544 98 0.000000% 87.50% 90 7.30 102 0.081123 Aristocrat Angus 44-03O Weld 38,860 2,248 0 0 2,248 36,917, 2,248 2,544 -295 0.000000% 87.50% -260 -21.09 102 0.081123 Tank Battery 03-03 Weld 0 0 0 0 0 0 0 0 0 0.000000% 87.50% 0 0.00 102 0.081123 Aristocrat Angus 21-04 Weld 32,555 1,956 44 30 2,029 30,927 2,029 2,131 -102 0.000000% 87.50% -90 -7.30 102 0.081123 Aristocrat Angus 21-040 Weld 32.555 2,052 110 72 2.234 30,927 2,234 2,131 103 0.000000% 87.50% 90 10.90 189 0.121123 Aristocrat Angus 23-04 Weld 32.555 2.265 44 30 2,338 30.927 2,338 2,131 207 0.000000% 87.50% 180, 14.60 102 0.081123 Aristocrat Angus 32-04 Weld 32,555 2,050 92 60 2.201 30,927 2,201 2,131 71 0.000000% 87.50% 60 4.87 102 0.081123 Aristocrat Angus 32-040 Weld 32.555 2,322 61 41 2.425 30,927 2,425 2,131 294 0.000000% 87.50% 260 31.49 2103 0.121123 Aristocrat Angus 34-04 Weld 32,555 2,396 44 30 2,469 30,927 2,469 2,131 338 0.000000% 87.50% 300 24.34 102 0.081123 Tank Battery03-04A Weld 0 0 0 0 0 0 0 0 0 0.000000% 87.50% 0 0.00 102 0.081123 Aristocrat Angus 22-04 Weld 32,321 2,132 25 3 2,160 30,705 2,160 2,116 44 0.000000% 87.50% 40 3.24 102 0.081123 Aristocrat Angus 23-04O Weld 32,321 2.045 237 155 2,436 30,705 2,436 2,116 320 0.000000% 87.50% 280 33.91 189 0,121123 Aristocrat Angus 33-04 Weld 32,321 2,169 102 64 2,335 30,705 2.335 2,116 219 0.000000% 87.50% 190 15.41 102 0.081123 Tank Battery 03-048 Weld 0 0 0 0 0 0 0 0 0 0.000000% 87.50% 0 0.00 102 0.081123 Aristocrat 21-10O Weld 22,559 2,720 216 169 3,105 21,431 3,105 1.477 1,629 12.500000% 87.50% 1,250 151.40 189 0.121123 Federal 11-10 Weld 22.559 2,473 1,741 1,141 5.355 21,431 5.355 1,477 3.879 12.500000% 87.50% 2,970 359.74 189 0.121123 Federal 22-10 Weld 22,559 2.759 227 145 3.132 21.431 3.132 1,477 1,655 12,500000% 87.50% 1,270 153.83 189 0.121123 i Tank Battery 03-10A Weld 0 0 0 0 0 0 0 0 0 0.000000% 87.50% 0 0.00 185 0.000000 Aristocrat Angus 13-03 Weld 15,427 2,213 747 477 3,437 14,656_ 3,437 1,010 2,427 0.000000% 87.50% 2,120 171.98 102 0.081123 Aristocrat Angus 14-03 Weld 15,427 2,189 83 53 2,324 14,656 2,324 1,010 1.314 0.000000% 87.50% 1.150 93.29 102 0.081123 Aristocrat Angus 24-03O Weld 15,427 2,108 35 22 2,165 14,656 2,165 1.010 1,155 0.000000% 87.50% 1.010 81.93 102 0.081123 Tank Battery 04-03 Weld 0 0 0 0 0 0 0 0 0 0.000000% 87.50% 0 0.00 102 0.081123 Aristocrat Angus 11-04 Weld 21.757 2,236 788 457 3,481 20.669 3,481 1.424 2,057 0.000000% 87.50% 1.800 218.02 189 0.121123 Aristocrat Angus 12-04 Weld 21.757 2,007 83 53 2,142 20,669 2.142 1,424 718 0.000000% 87.50% 630 51.11 102 0.081123 Aristocrat Angus 12-040 Weld 21.757 2,001 294 188 2,483 20,669 2,483 1.424 1,059 0.000000% 87.50% 930 112.64 189 0.121123 Aristocrat Angus 13-04 Weld 21,757 2,123 243 109 2,475 20,669 2,475 1.424 1,051 0.000000% 87.50% 920 111.43 189 0.121123 Aristocrat Angus 14-04 Weld 21.757 1,978 83 53 2.113 20,669 2.113 1,424 689 0.000000% 87.50% 600 48.67 102 0.081123 Aristocrat Angus 14-04O Weld 21,757 2.627 241 154 3.023 20.669 3.023 1,424 1.599 0,000000% 87.50% 1,400 169.57 189 0.121123 Page 2 of 9 NORTH AMERICAN RESOURCES COMPANY PETITION FOR REFUND OF TAXES-1999 TAXES(1998 PRODUCTION YEAR) Well Site Remaining Deductions Deductions Deductions/ Ass% ed Value 1998 Gross Direct Operating (Oper.Costs+Rof I Allowable Previously Deductions Not Exempt Royalty Assessment of Remaining Production Tax Revenue Expenses Roll ROI +ROI) 95%Limitation Deductions Taken Taken Percentage Ratio Deduction Tax Refund District Tax Rale Aristocrat Angus 24-04 Weld 21,757 2,014 142 87 2,242 20,669 2.242 1,424 818 0000000% 87.50% 720 58.41 102 0.081123 Tank Battery 04-04A Weld 0 0 0 0 0 0 0 0 0 0.000000% 87.50% 0 0.00 102 0.081123 Aristocrat Angus 13-10 Weld 60,432 2.385 973 622 3,979 57,410 3,979 3,956 24 0.000000% 87.50% 20 2.42 189 0.121123 Aristocrat Angus 14-10 Weld 60,432 2,666 1,659 1,123 5,448 57,410 5,448 3,956 1,493 0.000000% 87.50% 1,310 158.67 189 0.121123 Tank Battery 04-10 Weld 0 0 0 0 0 0 0 0 0 0.000000% 87.50% 0 0.00 185 0.000000 Baker C-01 Weld 48,284 3,418 493 472 4,384 45,869 4,384 3,160 1,223 0.000000% 87.50% 1,070 91.35 1383 0.085377 Banged 02-19 Weld 138,554 3,498 2,434 1,239 7,171 131,626 7,171 9,069 -1,898 0.000000% 87.50% -1,660 -126.13 B00 0.075979 Banged 03-19 - Weld 86,129 3,020 1,241 756 5,016 81,822 5,016 - 5.637 -621 0.000000% 87.50% -540 -39.36 807 0.072886 Barb Ltd 30-01 Weld 6,846 2,942 744 713 4,398 6,503 4,398 448 3.950 0.000000% 87.50% 3,460 291.94 1371 0.084377 Barb Ltd 30-07 Weld 6,846 2,566 744 713 4,022 6,503 4,022 448 3,574 0.000000% 87.50% 3,130 264.10 1371 0.084377 Barb Ltd 30-08 Weld 66,805 3,957 1,509 1,447 6,913 63,465 6,913 4,373 2,540 0.000000% 87.50% 2,220 187.32 1371 0.084377 Bait Ltd 30-09 Weld 31,686 2,935 954 914 4,802 30,102 4,802 2,074 2,729 0.000000% 87.50% 2,390 201.66 1371 0.084377 Barb Ltd 30-10 Weld 31,686 2,965 247 237 3,449 30,102 3,449 2,074 1,375 0.000000% 87.50% 1,200 101.25 1371 0.084377 Barb Ltd 30-15 Weld 31,686 3,301 961 921 5,183 30,102 5,183 2,074 3,109 0.000000% 87.50% 2,720 229.51 1371 0.084377 Barb Ltd.B-01 Weld 40,171 4,360 308 295 4,963 38,162 4,963 2,629 2,334 0.000000% 87.50% 2,040 172.13 1371 0.084377 Barb Ltd.K-01 Weld 29,956 4,613 184 176 4,973 28,458 4,973 1,961 3,012 0.000000% 87.50% 2,640 222.76 1371 0.084377 Barb Ltd.Tank Battery Weld 0 0 0 0 0 0 0 0 0 0.000000% 87.50% 0 0.00 1371 0.084377 Barclay-Chrisman 04-20 Weld 0 2,135 1,561 998 4,694 0 0 0 0 0.000000% 87.50% 0 0.00 129 0.076366 Bearden Weld 18,296 4,152 283 271 4,706 17,381 4,706 1,198 3.508 0.000000% 87.50% 3,070 242.02 1303 0.078834 Beebe Draw Weld 43,586 2,578 1,328 825 4,730 41,406 4,730 2,853 1,877 0.000000% 87.50% 1,640 134.68 104 0.082123 Berger02-23 Weld 54,196 2,442 1,602 833 4,877 51,486 4,877 3,547 1,330 0.000000% 87.50% 1,160 98.87 1295 0.085234 Bickler A Unit 01 Weld 11,943 3,968 703 674 5,344 11,346 5,344 782 4,562 0.000000% 87.50% 3,990 340.65 1383 0.085377 Bickler A Unit02 Weld 22,150 4,851 703 674 6,227 21,043 6,227 1,450 4,778 0.000000% 87.50% 4,180 352.70 1371 0.084377 Billings 01 Weld 11,303 3,903 486 242 4,630 10,738 4,630 740 3,891 0.000000% 87.50% 3,400 263.76 1293 0.077577 Billings 02-34 Weld 81,009 5.463 452 258 6,173 76.959 6.173 5.302 870 0.000000% 87.50% 760 58.96 1293 0.077577 Boock 01 Weld 115.075 8,489 1,129 777 10,395 109,321 10,395 7,532 2,863 0.000000% 87.50% 2.510 176.06 803 0.070144 Boulder Bank 01 Weld 80,680 3.330 3,238 1,641 8,209 76,646 8,209 5,281 2.928 0.000000% 87.50% 2,560 194.51 800 0.075979 Boulder Bank 03-07 Weld 122,364 3,079 2,346 1,000 6.425 116,246 6,425 8,009 -1.584 0.000000% 87.50% -1,390 -105.61 800 0.075979 Branch 01 Weld 35.222 2,884 837 432 4.152 33,461 4,152 2,305 1,847 0.000000% 87.50% 1.620 133.04 104 0.082123 Brown 5-3 Weld 31,293 3,513 890 854 5,257 29.728 5,257 2,048 3,209 0.000000% 87.50% 2,810 221.52 1303 0.078834 Brown 5-5 Weld 31.303 3,141 890 854 4,885 29.738 4,885 2,049 2,836 0.000000% 87.50% 2.480 195.51 1303, 0.078834 Brown C-01 Weld 12,391 4,485 117 113 4,715 11,771 4,715 811 3,904 0.000000% 87.50% 3,420 269.61 1303 0.078834 Brown C-02 Weld 31,303 5,050 189 181 5,420 29,738 5.420 2,049 3,372 0.000000% 87.50% 2,950 232.56 1303 0.078834 Bury Crandell C-01 Weld 26,973 2,804 313 300 3.416 25.625 3,416 1,766 1.651 0.000000% 87.50% 1,440 130.31 888 0.090492 Bury Crandell C-02 Weld 12.743 4,717 313 300 5,329 12.106 5,329 834 4.495 0.000000% 87.50% 3.930 361.69 1379 0.092034 Cannon 09-03 Weld 23,241 3,094 152 146 3,392 22.079 3,392 1,521 1,870 0.000000% 87.50% 1.640 115.04 803 0.070144 Cannon 09-04 Weld 23,241 2,945 152 146 3,243 22.079 3.243 1.521 1,722 0.000000% 87.50% 1,510 105.92 803 0.070144 Childress Hospital Weld 377 799 300 149 1,248 358 358 25 333 6.250000% 87.50% 270 22.16 302 0.082066 Christine Weld 22,135 1,890 781 388 3,059 21,028 3959 1,449 1,610 0.000000% 87.50% 1,410 116.38 138 0.082537 Coal Creek 19-1 Weld 14,135 2,204 377 362 2.943 13,428 2,943 925 2.018 0.000000% 87.50% 1,770 164.02 1438 0.092665 Coal Creek 19-8 Weld 14,135 2.166 377 362 2,905 13,428 2,905 925 1,979 0.000000% 87.50% 1,730 160.31 1438 0.092665 Page 3 of 9 NORTH AMERICAN RESOURCES COMPANY PETITION FOR REFUND OF TAXES-1999 TAXES(1998 PRODUCTION YEAR) Well Site Remaining Deductions Deductions Deductions/ Assessed Value 1998 Gross Direct Operating (Oper.Costs+Roll Allowable Previously Deductions Not Exempt Royalty Assessment of Remaining Production Tax Revenue Expenses Roll ROI +ROI) 95%Limitation Deductions Taken Taken Percentage Ratio Deduction Tax Refund District Tax Rate Coal Creek C-01 Weld 31,335 3,778 754 723 5,256 29,768 5,256 2,051 3,205 0.000000% 87.50% 2,800 236.26 1371 0.084377 Conner Weld 21,647 3,047 302 289 3,638 20,564 3.638 1,417 2,222 0.199140% 87.50% 1.940 169.98 881 0.087620 Conner 22-34 Weld 3,448 5,195 108 50 5,352 3.276 3.276 226 3.050 0.000000% 87.50% 2.670 233.95 881 0.087620 Conner 23-34 Weld 15,897 7.001 215 107 7,323 15,102 7,323 1,040 6.283 0.000000% 87.50% 5.500 481.91 881 0.087620 Coslett B-01 Weld 21,468 4,317 1.504 1,442 7,263 20,395 7,263 1,405 5,858 0.000000% 87.50% 5,130 432.85 1373 0.084377 Coslett B-02 Weld 14,508 4,040 684 656 5,379 13,782 5,379 950 4,430 0.000000% 87.50% 3,880 339.38 1384 0.087470 Cosligan E-01 Weld 15,237 4,481 604 579 5,664 14.475 5,664 997 4,666 0.000000% 87.50% 4,080 344.26 1371 0.084377 Crandell E-01 Weld 46,399 2,539 313 300 3,151 44,079 3.151 3,037 114 0.000000% 87.50% 100 8.91 1326 0.089072 Crandall E-02 Weld 25,851 2.815 313 300 3,427 24,558 3,427 1,692 1,735 0.000000% 87.50% 1.520 110.41 808 0.072636 Dale E Unit Weld 26,319 2,357 754 723 3,835 25,003 3,835 1,723 2,112 0.000000% 87.50% 1,850 154.11 319 0.083300 Dale Ewing 01 Weld 66,276 3,324 205 196 3,725 62,962 3,725 4,338 -013 0.000000% 87.50% 540 -01.03 600 0.075979 Darlene 01 _ Weld 187.526 4,064 1,387 838 6,289 159,150 6,289 10.965 4,676 0.000000% 87.50% 4,090 -302.78 820 0.074030 Davis Gas Unit 01 Weld 38,439 2.380 754 723 3,858 36.517 3,858 2.516 1,342 0.000000% 87.50% 1.170 92.24 1300 0.078834 Davis Gas Unit 02 Weld 21.853 2.535 754 723 4,012 20,760 4,012 1,430 2,582 0.000000% 87.50% 2,260 178.16 1300 0.078834 De Vore01 Weld 85,244 2,984 2,345 1,426 6,755 80,982 6,755 5,580 1.175 0.000000% 87.50% 1,030 77.48 122 0.075222 De Vore 03-34 Weld 46,655 2,823 3.740 2,240 8.803 44,322 8,803 3.054 5,750 0.000000% 87.50% 5,030 378.37 122 0.075222 Diane 01 Weld 42,167 4,274 880 552 5.706 40,059 5.706 2,760 2,946 0.000000% 87.50% 2,580 191.00 820 0.074030 Dier 01 Weld 59,457 2,745 669 332 3,746 56,485 3,746 3.892 -145 0.000000% 87.50% -130 -11.57 134 0.089027 Dier 04-08 Weld 89,888 2.783 3,782 2,157 8.722 85,394 8.722 5,884 2,839 0.000000% 87.50% 2.480 220.79 134 0.089027 Dinner 01 Weld 20.532 3.763 133 127 4,023 19,506 4,023 1,344 2,679 2.064000% 87.50% 2,300 189.84 138 0.082537 Dinner 02 Weld 11,361 4,012 133 127 4.273 10,793 4,273 744 3,529 2.064000% 87.50% 3,020 249.26 138 0.082537 Dinner 14 A-01 Weld 21,091 2,911 207 199 3.317 20,036 3,317 1,380 1,936 0.000000% 87.50% 1,690 139.49 138 0.082537 Dinner 14 A-02 Weld 21,091 3,167 219 210 3,595 20,036 3,595 1.380 2,215 0.000000% 87.50% 1,940 160.12 138 0.082537 Dinner 14 A-03 Weld 21,091 3,561 219 210 3,989 20,036 3.989 1.380 2,609 0.000000% 87.50% 2,280 188.18 138 0.082537 Dinner 14B-01 Weld 24,317 2,252 754 723 3,730 23,102 3.730 1,592 2.138 0.000000% 87.50% 1,870 154.34 138 0.082537 Dinner 18 A-02 Weld 23,249 1.959 754 723 3,436 22,087 3,436 1,522 1.915 0.000000% 87.50% 1,680 133.47 139 0.079444 Dinner 18 8-04 Weld 36,976 2,148 754 723 3.626 35,127 3,626 2,420 1,206 0.000000% 87.50% 1,050 83.42 139 0.079444 Dinner E Unit 01 Weld 36,267 3,459 656 629 4,745 34,453 4,745 2.374 2,371 0.000000% 87.50% 2.070 170.85 138 0.082537 Dinner E Unit 02 Weld 29,596 2,940 754 723 4,418 28,116 4,418 1.937 2,481 0.000000% 87.50% 2,170 179.11 138 0.082537 Dowdy 02 Weld 11,751 4,278 70 67 4,415 11.164 4,415 769 3.646 0.000000% 87.50% 3,190 271.94 305 0.085249 Duckworth B-01 Weld 2,912 4,010 133 128 4,271 2,766 2,766 191 2.575 0.000000% 87.50% 2,250 177.38 1303 0.078834 Duckworth B-02 Weld 12,032 3,951 173 166 4290 11,430 4,290 788 3,502 0.000000% 87.50% 3,060 241.23 1303 0.078834 Duell l Weld 53,706 4,030 0 0 4.030 51,021 4,030 3,515 515 0.000000% 87.50% 450 39.27 753 0.087270 East Rinn H-01 Weld 14,884 3,658 731 701 5,090 14,140 5.090 974 4,116 0.000000% 87.50% 3,600 282.88 1297 0.078577 Echeverda01 Weld 75.801 5,109 2,459 1,294 8,862 72,011 8.862 4,961 3,900 0.000000% 87.50% 3,410 270.46 121 0.079315 Echevema 01-02 Weld 124,667 3,877 2,122 1.206 7,205 118,434 7,205 8,160 -955 0.000000% 87.50% -840 -66.22 1311 0.078834 Edith Ann 01 Weld 38,732 3,360 3,521 i 1,844 8.725 36,796 8,725 2.535 6,190 0.000000% 87.50% 5,420 427.28 1303 0.078834 Elmquist 01 Weld 27,600 1,997 992 493 3.483 26.220 3,483 1.807 1,676 0.000000% 87.50% 1.470 145.30 2108 0.098842 Emerson 02-29J Weld 45,981 2,285 756 415 3,456 43,681 3.456 3,010 446 0.000000% 87.50% 390 35.16 1339 0.090143 Emerson 03-29J Weld 45.981 2.302 201 139 2,642 43,681 2.642 3,010 -367 0.000000% 87.50% -320 -28.85 1339 0.090143 EP Costigan 01 Weld 22,442 4,443 0 0 4,443 21,320 4,443 1,469 2,974 0.000000% 87.50% 2,600 219.38 1371 0.084377 Page 4 of 9 NORTH AMERICAN RESOURCES COMPANY PETITION FOR REFUND OF TAXES-1999 TAXES(1998 PRODUCTION YEAR) Well Site Remaining Deductions Deductions Deductions/ Assessed Value 1998 Gross Direct Operating (Oper.Costs+Rofl Allowable Previously Deductions Nol Exempt Royalty Assessment of Remaining Production Tax Revenue Expenses Rog ROI +ROI) 95%Limitation Deductions Taken Taken Percentage Ratio Deduction Tax Refund District Tax Rate Eppinger 01 Weld 9,212 4,218 471 452 5,142 8,751 5,142 603 4.539 0.000000% 87.50% 3,970 338.44 305 0.085249 Ede Champlin B-01 Weld 23,195 4,386 313 300 4.998 22,035 4,998 1,518 3,480 0.000000% 87.50% 3.050 257.35 1371 0.084377 Ede Champlin 8-02 Weld 15,808 4,375 313 300 4.987 15,018 4.987 1,035 3,953 0.000000% 87.50% 3,460 291.94 1371 0.084377 Ewing 01 Weld 16,531 2.560 425 407 3,391 15,704 3,391 1.082 2.309 0.000000% 87.50% 2,020 153.48 800 0.075979 Federal32-10 Weld 50,375 2,375 799 511 3,685 47,856 3,685 3,297 388 6.250000% 87.50% 320 38.76 189 0.121123 Flanigan 01 Weld 6,006 1,780 1,002 522 3,303 5.706 3,303 393 2,910 0.000000% 87.50% 2.550 217.38 305 0.085249 Foster E Unit 01 Weld 21.208 3,244 754 723 4.722 20,147 4,722 1,388 3,334 0.000000% 87.50% 2,920 230.20 1303 0.078834 Four Way 01 Weld 37,004 2.301 787 447 3,536 35,154 3,536 2,422 1,113 0.000000% 87.50% 970 82.69 305- 0.085249 Frederiksen Weld 72,515 2.722 794 397 3,913 68.889 3.913 4.746 -834 0.000000% 87.50% -730 -57.79 1345 0.079162 Geist A Unit 01 Weld 24,351 3,996 256 245 4,497 23.134 4,497 1.594 2.903 0.000000% 87.50% 2.540 210.05 116 0.082698 Gittlein Olin 01-04 Weld 179,674 6,743 0 0 6.743 170,690 6,743 11,760 -5,017 0.000000% 87.50% -4.390 -374.24 305 0.085249 Gooding Gulch Weld 13,061 1,716 636 316 2,669 12,408 2,669 855 1,814 0.000000% 87.50% 1,590 183.65 1451 0.115502 Gran!Bros.C Unit 01 Weld 1,215 3,758 156 150 4,064 1,154 1,154 80 1,075 0.000000% 87.50% 940 95.91 1359 0.102037 Grant Broths.02-26 Weld 27,197 2,691 2,125 1,207 6,023 25,837 6,023 1,780 4,243 0.000000% 87.50% 3,710 428.51 1451 0.115502 Grant Broths.03-23 Weld 51,570 2,308 2,181 1,239 5,727 48,991 5,727 3,375 2,352 0.000000% 87.50% 2,060 203.85 1422 0.098956 Grafton 01 Weld 29.747 2,032 4,059 1,902 7,994 28,259 7,994 1,947 6,046 0.000000% 87.50% 5,290 440.66 319 0.083300 Grenemeyer 01 Weld 20,338 4,081 165 158 4,404 19,321 4,404 1,331 3,073 0.000000% 87.50% 2,690 218.54 2027 0.081243 Grenemeyer E Unit 01 Weld 26,702 4,524 68 65 4,657 25,367 4,657 1,748 2,909 0.000000% 87.50% 2,550 207.17 2027 0.081243 Grenemeyer Wagner Weld 15,492 4,129 112 108 4,349 14,717 4,349 1,014 3.335 0.000000% 87.50% 2,920 212.10 808 0.072636 Grenemeyer Wagner C Unit 01 Weld 51,040 5,035 168 161 5,363 48,488 5,363 3,341 2,022 0.000000% 87.50% 1,770 128.57 808 0.072636 Gumeson 01 Weld 79,316 2,655 1,813 1,103 5,571 75,350 5,571 5,192 379 0.000000% 87.50% 330 30.08 1338 0.091143 Gurtler 01 Weld 23,872 2.639 3,585 1,694 7,918 22,678 7,918 1,563 6,356 0.000000% 87.50% 5,560 473.98 305 0.085249 Haley-Gumeson 02 Weld 29,734 1,911 1,648 886 4,446 28,247 4,446 1,946 2,499 0.000000% 87.50% 2,190 197.41 1339 0.090143 Haley03-22 Weld 47,825 4,378 1,179 618 6,175 45,434 6,175 3,130 3,045 0.000000% 87.50% 2,660 245.52 1430 0.092299 Haley Lease Weld 8,208 3,812 506 287 4,605 7,798 4,605 537 4,067 0.000000% 87.50% 3,560 375.58 2092 0.105499 Harkis 01 Weld 13.217 3,608 73 70 3,752 12,556 3,752 865 2,887 0.000000% 87.50% 2,530 206.80 310 0.081740 Harkis 02 Weld 20,322 4,501 168 161 4,829 19,306 4,829 1,330 3,499 0.000000% 87.50% 3,060 250.12 310 0.081740 Harkis 03 Weld 20,266 4,259 69 67 4,395 19,253 4,395 1,326 3,069 0.000000% 87.50% 2,690 219.88 310 0.081740 Helen E-01 Weld 13,537 4,701 754 723 6,179 12,860 6,179 886 5,293 0.000000% 87.50% 4,630 418.98 888 0.090492 Helen E-02 Weld 16,555 3,983 313 300 4,595 15,727 4,595 1,084 3,512 0.000000% 87.50% 3,070 279.47 1378 0.091034 Herbers Weld 30,603 3,268 304 291 3,863 29,072 3,863 2,003 1,860 0.000000% 87.50% 1,630 145.87 886 0.089492 Herten 41-33 Weld 152,586 2,943 1,622 1,267 5,832 144,957 5,832 9,987 4,155 0.000000% 87.50% -3,640 -278.64 110 0.076550 Herron&Strong Weld 65,902 3,613 1,034 612 5,259 62,607 5,259 4,314 946 0.000000% 87.50% 830 63.54 110 0.076550 Hettinger C Unit 01 Weld 36,899 3,617 754 723 5,094 35,054 5,094 2,415 2,679 0.000000% 87.50% 2,340 199.27 336 0O85159 Hicks 04-18 Weld 107,763 3,302 2,079 1,192 6,573 102,375 6,573 7,054 481 0.000000% 87.50% 420 -37.59 886 0.089492 Hingley Farms 01 Weld 2,354 2,780 304 291 3.374 2,237 2,237 154 2,083 0.000000% 87.50% 1,820 164.70 888 0.090492 Hom-Libsack 01 Weld 2,702 483 597 337 1,417 2,567 1,417 177 1,240 0.000000% 87.50% 1,090 89.51 104 0.082123 Hudson 01 Weld 5,615 3,913 515 494 4,922 5,334 4,922 368 4.555 5.942000% 87.50% 3,750 319.68 305 0.085249 Hurt 01 Weld 66,502 2,250 370 210 2,831 63,177 2,831 4,353 -1,521 0O00000% 87.50% -1,330 -113.70 1340 0.085491 lone 01-04 Weld 33,218 2,398 754 723 3,876 31,557 3,876 2,174 1,701 0.000000% 87.50% 1,490 104.51 803 0.070144 lone 02-10 Weld 33,218 1,976 754 723 3,454 31,557 3,454 2,174 1,279 0.000000% 87.50% 1,120 78.56 803 0.070144 Page 5 of 9 NORTH AMERICAN RESOURCES COMPANY PETITION FOR REFUND OF TAXES-1999 TAXES(1998 PRODUCTION YEAR) Well Site Remaining Deductions Deductions Deductions/ Assessed Value 1998 Gross Direct Operating (Oper.Costs+Roll Allowable Previously Deductions Not Exempt Royalty Assessment of Remaining Production Tax Revenue Expenses Rofl ROI +ROI) 95%Limitation Deductions Taken Taken Percentage Ratio Deduction Tax Refund District Tax Rate lone 03-02 Weld 33,218 2,254 754 723 3,732 31,557 3,732 2,174 1,558 0.000000% 87.50% 1,360 110.09 331 0.080950 Ione04-02 Weld 33.218 2,916 754 723 4,394 31,557 4,394 2,174 2,219 0.000000% 87.50% 1.940 157.04 331 0.080950 lone 05 Weld i 30,632 1,816 27- 26 1,869_ 29,100 1,869 2,005 -136 0.000000% 87.50% -120 -8.42 803 0.070144 lone 10-04 Weld 21,518 3.232_ 754_ 723 4,710 20,442 4,710 1,408 3.301 0.000000% 87.50% 2,890 202.72 803 0.070144 lone 11-10 Weld 21,518 6,147 754 723 7,625- 20,442 7,625 1,408 6,216 0.000000% 87.50% 5,440 381.58 803 0.070144 lone 12-02 Weld 21.518 352 754 723 1,829_ 20,442 1,829 1,408 421 0.000000% 87.50% 370 29.95 331 0.080950 lone 13-02 Weld 21,518 2,953 754 723 4,430 20,442 4,430 1,408 3,022 0.000000% 87.50% 2,640 213.71 331 0.080950 Jillson 01-22 Weld -31.411 4.060 0 0 4.060 29,840 4,060 2,056 2,004 0.000000% 87.50% 1,750_ 137.51 1297 0.078577 Jillson Gas Unit 01-22 Weld 16,498_ 3,444 1.287 670 5,400 15,673 5,400 1,080 4,321 0.000000% 87.50% 3,780 297.02 1297 0.078577 Johnson-Niven 01-13 Weld 46.830 2,405 1,323 754 4,482 44,489 4,482 3,065 1,416 0.000000% 87.50% 1,240 122.56 2108 0.098842 Johnson 01 Weld 41,786 2,386 1,502 997_ 4,884 39,697 4,884 2.735 2,149_ 0.000000% 87.50% 1.880 166.54 1386- 0.088584 Jolly Roger 01 Weld 20,407 2.243 305 151 2.699 19.387 2,699 1,336 1.363 0.000000% 87.50% 1,190 95.41 127 0.080174 Kaminsky 01 Weld 13,979 1,963 1,239 709 3,911, 13,280 3.911 915_ 2,996 0.000000% 87.50% 2,620 223.35 305 0.085249 Kals B Unit 01 Weld 20,846 3.986 721 691 5,398 19.804 5,398 1,364 4,034 0.775000% 87.50% 3,500 295.32 1371 0.084377 _ Kats B Unit 02 Weld 32,779 4,327 754 723 5,805 31,140 5,805 2,146 3,660 0.000000% 87.50% 3,200 314.47 1464 0.098271 Kawakami 01 Recomplelion Weld 237,189 4,210 1,559 941 6,709 225,329 6,709 15,525 -8,816 0.000000% 87.50% -7,710 -587.67 106 0.076222 - Kennedy Gas Unit Weld 34,311 3,933 872 438 5,242 32,595, 5,242 2,246 2,997 0.000000% 87.50% 2,620 206.55 1303 0.078834 Kerbs 01 Weld 4,785 1,884 754 723 3,361 4,546 3.361 313 3,048 0.000000% 8]50% 2,670 227.61 305 0.085249 Kiyota,John 03-35 Weld 106,355 4,157 2,627 1,475 8,260 101,037 8,260 6,961 1,298 0.000000% 87.50% 1,140 90.42 121 0.079315 Kugel 01-18 Weld 28,578 3,057 2,631 1,251 6,939 27,149 6,939 1,871 5,069 0.000000% 87.50% 4,440 404.67 1337 0.091143 Kugel 02-18 Weld 88,631 2,703 1,870 1,062 5,635 84,199 5,635 5,801 -166 0.000000%_ 87.50% -150 -13.67 _1337 0.091143 Leonard 01-17 Weld 6,924 3,503 1,194 594 5,291 6,577 5,291 453 4,838 0.000000% 87.50% 4,230 323.03 129 0.076366 Leonard 03-21J Weld 38,334 2,098 717 371 3,186 36,417 3,186 2,509 677 0.000000% 87.50% 590 46.93 826 0.079543 Leonard 04-21J Weld 38,334 1,991 1,389 801 4,180 36,417 4,180 2,509 1,671 0.000000% 87.50% 1,460 116.13 826_ 0.079543 Lochbuie Weld 6,135 2,366 754 723 3,844 5.828 3,844 402 3,442 0.000000%- 87.50% 3,010 256.60 305 0.085249 Luhman 01 Weld 53,669 2,118 966 549 3,634 50,985 3,634 3,513 121 0.000000% 87.50% 110 9.06 107 0.082370 Luhman 334 Weld 94,643 3,312 2,125 1,610 7,047 89,911 7,047 6,195 852 0.000000% 87.50% 750 57.17 106 0.076222 Lutz Weld 8,759 5,316 270 259 5,845 8,321 5,845 573 5,271 0.000000% 87.50% 4,610 393.00 305_ 0.085249 Maier Weld -51.178 4,681 538 233 5,452 48,619 5,452 3,350 2,102 0.000000% 87.50% 1,840 136.22 820 0.074030 Mantle 01 Weld 39,654 5,901 762 435 7,098 37,671 7,098 2,596 4,503 0.000000% 87.50% 3,940 323.56 104 0.082123 Marcus State 01 Weld 12,476 1,963 45 43 2,050 11,852 2,050 817 1,234 12.500000% 87.50% 940 69.59 820 0074030 Mark E Unit 01 Weld 17,482 4,260 235 226 4,721 16,607 4,721 1,144 3,576 0.000000% 87.50% 3,130 257.04 104 0.082123 Mason Gas Unit 03-08 Weld 65,313 3,494 754 723 4,971 62,048 4,971 4,275 696 0.000000% 87.50% 610 42.79 803 0.070144 Mathews B Unit Weld 21,727 3,603 754 723 5,081_ 20,640 5,081 1,422 3,659 0.000000%' 87.50% 3,200 266.56 319 0.083300 _ McConahay 01 Weld 14,665 2,641 754 723 4,119 13,931 4,119 960_ 3,159 0.000000% 87.50%, 2,760 204.32 820 0.074030 McCoy Lease Weld 52,040 2,719 979_ 487 4,185 49,438 4,185 3,406 778 0.000000% 87.50% 680 56.01 107 0.082370 Melbon Ranch E Un'01 Weld 34,901 4,303 666 639 5,607 33,156 5,607 2,284 3,323 0.000000% 87.50% 2,910 248.07 305 0.085249 Miller 01 Weld 47,991 2,340 1,144 639 4,123 45,591 4,123 3,141 982 0.000000%f 87.50% 860 67.58 1297 0.078577 Miller 01-17 Weld 63,879 2,759 1,765 1,128 5,652 60,685 5,652 4,181 1,471 0.000000% 87.50% 1,290 117.57 1338 0.091143 Miller 01-27 Weld 89,979 2,692 1,168 654 4,514 85,480 4,514 5,889 -1,375 0.000000% 87.50% -1,200 -118.75 2091 0.098956 Miller 02-17 Weld 106,528 4,134 1,051 754 5,940 101,201 5,940 6,973 -1,033 0.000000% 87.50% -900 -82.03 1338 0.091143 Page 6 of 9 NORTH AMERICAN RESOURCES COMPANY PETITION FOR REFUND OF TAXES-1999 TAXES(1998 PRODUCTION YEAR) Well Site Remaining Deductions Deductions Deductions/ Assessed Value 1998 Gross Direct Operating (Oper.Costs+Roll Allowable Previously Deductions Not Exempt Royalty Assessment of Remaining Production Tax Revenue Expenses Roll ROI +ROI) 95%Limitation Deductions Taken Taken Percentage Ratio Deduction Tax Refund District Tax Rate Miller 03-17J Weld 54,254 3,156 1,670 1,054 5,880 51.541 5.880 3.551 2,329 0.000000% 87.50% 2.040 185.93 1338 0.091143 Miller 04-17J Weld 54.254 2,066 1,297 800 4,163 51,541 4,163 3,551 612 0.000000% 87.50% 540 49.22 1338 0.091143 Miller 04-20J Weld 39,013 2,174 1.716 932 4,823 37,063 4,823 2,554 2,269 0.000000% 87.50% 1.990 151.97 129 0.076366 Moser 01 Weld 13,432 3,849 247 237 4,333 12,761 4,333 879 3,454 0.048240% 87.50% 3,020 228.70 806 0.075729 Moser C Unit 01 Weld 34,722 7,027 77 74 7.178 32.986 7.178 2.273 4,906 0.048240% 87.50% 4,290 311.61 808 0.072636 Mumby State Weld 18.627 2,113 757 430 3,299 17,695 3,299 1,219 2,080 12.500000% 87.50% 1,590 117.71 820 0.074030 Murata 01-19J Weld 53,922 2,171 481 239 2,891 51,226 2,891 3,529 '639 0.000000% 87.50% -560 -42.55 800 0O75979 Murata 04-19J - Weld 53,922 2,843 688 357 3,888 51,226 3,888 3,529 358 0.000000% 87.50% 310 23.55 800 0.075979 Musick 01-32 Weld 20,679 3,139 269 172 3.580 19,645 3,580 1,354 2,226 0.000000% 87.50% 1,950 156.34 127 0.080174 Musick GU 01 Weld 29,449 1.977 955 475 3.407 27.977 3.407 1.928 1,479 0.000000% 87.50% 1.290 103.42 127 0.080174 Neighbors 01 Weld 5.535 1.910 302 289 2,501 5,259 2,501 362 2.139 0.000000% 87.50% 1,870 190.81 1359 0.102037 Nelson 01 Weld 45,174 2,426 1,154 679 4,259 42.915 4,259 2,957 1,302 0.000000% 87.50% 1,140 124.08 1450 0.108845 Nelson 04-32 Weld 74,501 3,091 2,673 1,631 7,395 70,776 7,395 4,876 2,519 0.000000% 87.50% 2,200 181.94 116 0.082698 Nelson E Unit 01 Weld 15.038 4.438 136 130 4.704 14,286 4,704 984 3,720 0.000000% 87.50% 3.250 256.21 1303 0.078834 Nelson E Unit 02 Weld 15,654 4,548 136 130 4,814 14,871 4,814 1,025 3.789 0.000000% 87.50% 3,320 261.73 1303 0.078834 Norris A Unit 02 Weld 14,626 1,887 754 723 3,365 13,895 3.365 957 2,408 0.000000% 87.50% 2.110 179.69 336 0.085159 Olin 01-O4 Weld 179,674 5,037 2.991 1,637 9,664 170,690 9,664 11,760 -2,096 0.000000% 87.50% -1,830 -156.01 305 0.085249 Olive Weld 16,094 2,069 536 444 3,049 15,289 3,049 1,053 1,996 0.000000% 87.50% 1,750 131.30 822 0.075030 Oskarson E Unit 01 Weld 14,522 4,084 297 285 4,666 13.796 4.666 951 3,715 0.000000% 87.50% 3,250 256.21 1303 0.078834 Oskarson E Unit 02 Weld 7,954 3,712 219 210 4,141 7,556 4,141 521 3,620 0.000000% 87.50% 3.170 249.90 1303 0.078834 Oster 01 Weld 27,767 4,431 814 404 5,649 26,378 5,649 1,817 3.832 0.000000% 87.50% 3,350 275.11 108 0.082123 Oster 13-27 Weld 11,489 2,776 2,048 1,474 6,298 10,915 6,298 752 5,546 0.000000% 87.50% 4,850 398.30 108 0.082123 Oster 31-28 Weld 25.540 3,809 935 598 5,342 24,263 5,342 1,672 3.670 0.000000% 87.50% 3,210 263.61 104 0.082123 Parker 01 Weld 58.496 2,136 1,821 1,223 5,179 55,571 5,179 3,829 1,351 0.000000% 87.50% 1.180 90.33 112 0.076550 Parker 12-33 Weld 119.160 3,138 1,580 1,458 6,175 113,202 6,175 7,799 -1,624 0.000000% 87.50% -1,420 -108.70 112 0.076550 Peltier,Wm.01 Weld 8,107 498 0 0 498 7.701 498 531 -33 0.000000% 87.50% -30 -2.78 1438 0.092665 Peltier,Wm.02 Weld 8,107 3.428 304 291 4,023 7.701 4,023 531 3.492 0.000000% 87.50% 3,060 283.55 1438 0.092665 Peterson Champ.K-01 Weld 6,074 4,887 200 191 5.278 5,771 5.278 398 4,880 0.000000% 87.50% 4.270 375.15 722 0.087856 Pietrzak 01 Weld 44011 4,032 385 219 4,637 38,010 4,637 2,619 2,018 0.000000% 87.50% 1.770 140.12 1345 0.079162 Powers 01-24 Weld 19,227 4,087 620 308 5,016 18,266 5,016 1,258 3,757 0.000000% 87.50% 3,290 280.47 305 0.085249 Pratt F Unit 01 Weld 21,890 2,441 754 723 3,919 20,796 3,919 1.433 2,486 0.000000% 8750% 2,180 183.94 1371 0.084377 Qualls 01 Weld 9,969 3,526 375 186 4,088 9.471 4.088 653 3.435 0.000000% 87.50% 3,010 235.94 1347 0.078385 Ranchero 01 Weld 13,080 902 0 0 902 12,426 902 856 46 0.000000% 87.50% 40 3.50 881 0.087620 Ranchero 32-34 Weld 1,712 5.266 699 174 6,138 1,627 1,627 112 1.515 0.000000% 87.50% 1.330 98.46 820 0.074030 Rasmussen 19-11 Weld 23,905 3,214 251 241 3,705 22,710 3,705 1,565 2.141 0.000000% 87.50% 1,870 147.42 1303 0.078834 Rasmussen 19-12 Weld 23,905 3.733 101 97 3,931 22,710 3.931 1.565 2.366 0.000000% 87.50% 2,070 163.19 1303 0.078834 Rasmussen 19-14 Weld 23,905 3,545 251 241 4,036 22,710 4,036 1,565 2,471 0.000000% 87.50% 2,160 170.28 1303 0.078834 Rasmussen C-01 Weld 8,436 3,743 278 267 4,288 8,014 4,288 552 3,736 0.000000% 87.50% 3,270 257.79 1303 0.078834 Rasmussen C-02 Weld 18.076 3,859 278 267 4,404 17,172 4,404 1.183 3,221 0.000000% 87.50% 2,820 222.31 1303 0.078834 Rasmussen H-01 Weld 6,735 3,924 268 257 4,449 6,398 4,449 441 4,009 0.000000% 87.50% 3,510 276.71 1303 0.078834 Regnier Farms B-01 Weld 24,272 4,024 721 692 5,437 23,058 5,437 1,589 3.849 0.000000% 87.50% 3.370 265.67 1303 0.078834 Page 7 of 9 NORTH AMERICAN RESOURCES COMPANY PETITION FOR REFUND OF TAXES-1999 TAXES(1998 PRODUCTION YEAR) Well Site Remaining Deductions Deductions Deductions I Assessed Value 1998 Gross Direct Operating (Oper.Costs+Roe Allowable Previously Deductions Not Exempt Royalty Assessment of Remaining Production Tax Revenue Expenses Roe ROI +ROI) 95%Limitation Deductions Taken Taken Percentage Ratio Deduction Tax Refund District Tax Rate Regnier Farms B-02 Weld 19,776 4,463 299 287 5,048 18,787 5,048 1,294 3,754 0.000000% 87.50% 3,280 255.30 1305 0.077834 Riley Weld 26,988 2,360 754 723 3,838 25.639 3.838 1.767 2,071 0.000000% 87.50% 1.810 154.30 305 0.085249 Rocky Mountn Fuel 01-32J Weld 23.375 1,996 799 463 3,258 22,206 3,258 1,530 1,728 0.000000% 87.50% 1,510 158.35 1364 0.104865 Rocky Mountn Fuel 04-32J Weld 23,375 2.238 1.160 693 4.091 22,206 4.091 1,530 2.561 0.000000% 87.50% 2,240_ 234.90 1364 0.104865 Rodman Bmntz Weld 65,969 3,147 475 455 4.077 62,670 4,077 4,318 -241 0.000000% 87.50% -210 -15.55 820 0.074030 Ross F-01 Weld 18,798 5,309 268 257 5,834 17,858 5,834 1,230 4,603 0.000000% 87.50% 4,030 317.70 1303 0.078834 Ruhl Weld 9,185 2,868 250 240 3,357 8.726 3,357 601 2,756 0.000000% 87.50% 2,410 200.75 319 0.083300 Sack Dryer 1-0- Weld 1,952 4.350 82 78 4,511 1.854 1,854 - 128 1.726 0.000000% 87.50% 1,510 128.73 305 0.085249 Salisbury Lease Weld 28.776 2.471 1.569 932 4.972 27,338 4,972 1,884 3.088 0.000000% 87.50% 2.700 248.49 1379 0.092034 Sam 01 Weld 35,882 2,272 656 326 3.254 34,088 3,254 2,349 905 0.000000% 87.50% 790 58.48 820 0.074030 Scheidt State 01 Weld 40,968 2,318 853 441 3,612 38.920 3.612 2.682 930 12.500000% 87.50% 710 58.67 827 0.082636 Scheidt Slate 01-16 Weld 112,980 3,189 2,402 1,129 6,720 107,331 6,720 7,395 -675 12.500000% 87.50% -520 -42.97 827 0.082636 Scheidt State 03-16J Weld 76,206 3,063 1.037 652 4,752 72.396 4,752 4.988 -236 12.500000% 87.50% -180 -14.87 827 0.082636 Scheidt State 04-16J Weld 76,206 2,507 873 527 3,907 72,396 3,907 4,988 -1,081 12.500000% 87.50% -830 -68.59 827 0.082636 Seltzer01 Weld 42.812 4.518 224 215 4.956 40.671 4,956 2,802 2,154 0.000000% 87.50% 1,880 136.56 808 0.072636 Seltzer E-01 Weld 37.039 4,674 89 85 4,848 35,187 4,848 2.424 2,424 0.000000% 87.50% 2,120 153.99 808 0.072636 Sheley Lease Weld 40,742 1,677 1,025 599 3,301 38,705 3,301 2.667 635 0.000000% 87.50% 560 46.13 115 0.082370 Sosa A-01 Weld 24,698 4,122 299 286 4,707 23.464 4,707 1,617 3.091 0.000000% 87.50% 2,700 230.52 1383 0.085377 Sprague 01-09 Weld 96,1]6 3.179 1,179 671 5,028 91.367 5,028 6,295 -1.267 0.000000% 87.50% -1,110 -98.82 134 0.089027 Sprague 03-09 Weld 112,940 4,168 1,787 1.015 6,970 107,293 6.970 7,392 -422 0.000000% 87.50% -370 -30.67 109 0.082879 Starks 01 Weld 23,674 4,490 852 424 5,766 22,490 5.766 1,550 4,216 0.726350% 87.50% 3,660 312.01 305 0.085249 State Peterson 01 Weld 7.278 4,192 242 232 4,667 6,914 4,667 476 4,190 12.500000% 87.50% 3,210 282.02 709 0.087856 Stelling 01 Weld 339,607 5,947 677 336 6,961 322.627 6,961 22,229 -15,268 0000000% 87.50% -13,360 -1,138.93 305 0.085249 Sullivan 01 Weld 47,918 7,333 878 429 8,639 45,522 8,639 3,136 5,503 0.000000% 87.50% 4,810 475.98 1422 0.098956 Thomas 7-12 Weld 17,486 3.670 807 774 5,250 16.612 5,250 1,145 4,106 0.000000% 87.50% 3,590 302.91 1373 0.084377 Thomas E-01 Weld 17,486 4.233 94 90 4.418 16,612 4.418 1,145 3,274 0.000000% 87.50% 2.860 241.32 1373 0.084377 Twombly 01 Weld 141,373 4,884 1,527 1,003 7,414 134,304 7,414 9,253 -1,839 0.000000% 87.50% -1.610 -144.21 882 0.089569 Vessels Mineral 19-10 Weld 10,443 2,143 377 362 2,882 9,921 2,882 684 2,198 0.000000% 87.50% 1,920 177.92 1438 0.092665 Vessels Mineral 19-15 Weld 77,980 2,973 723 693 4,389 74,081 4,389 5,104 -715 0.000000% 87.50% -630 53.16 1373 0.084377 Vessels Mineral 19-16 Weld 10,443 1.988 377 362 2,727 9,921 2.727 684 2,044 0.000000% 87.50% 1,790 165.87 1438 0.092665 Vessels Mineral A Unit 01 Weld 33.966 2.937 754 723 4,415 32,268 4,415 2,223 2,192 0.000000% 87.50% 1,920 165.35 1333 0.086122 Vessels Mineral A Unit 02 Weld 43.524 4,732 723 693 6,148 41,348 6,148 2.849 3,299 0.000000% 87.50% 2.890 248.89 1333 0.086122 Vessels Mineral E Unit 01 Weld 38,235 2,967 754 723 4,444 36.323 4,444 2,503 1,942 0.000000% 87.50% 1.700 146.41 1333 0.086122 Vessels Mineral E Unit 02 Weld 71,389 3,752 754 723 5,230 67,819 5,230 4,673 557 0.000000% 87.50% 490 45.41 1438 0.092665 Wendell 01 Weld 44,349 2.979 45 43 3,066 42,131 3.066 2,903 163 0.000000% 87.50% 140 16.62 1286 0.118718 Wendell 02 Weld 41,274 2,281 45 43 2,369 39.210 2,369 2.702 -333 0.000000% 87.50% -290 -34.43 1286 0.118718 Wendell C-01 Weld 16,647 4,387 310 297 4,993 15,815 4,993 1,090 3,904 0.000000% 87.50% 3,420 406.02 1286 0.118718 Wendell E-01 Weld 17,636 5,236 747 717 6,700 16,754 6,700 1,154 5,545 0.000000% 87.50% 4.850 575.78 1286 0.118718 Wardell 7-A#1 Weld 22,204 3,550 197 189 3,937 21,094 3,937 1,453 2,483 0.000000% 87.50% 2,170 165.71 129 0.076366 Wardell 7-A#2 Weld 22,204 3.505 197 189 3,892 21,094 3.892 1,453 2,439 0.000000% 87.50% 2,130 162.66 129 0.076366 Wardell 7-A #3 Weld 22,204 2,711 197 189 3,098 21,094 3,098 1,453 1,645 0.000000% 87.50% 1,440 109.97 129 0.076366 Page 8 of 9 NORTH AMERICAN RESOURCES COMPANY PETITION FOR REFUND OF TAXES-1999 TAXES(1998 PRODUCTION YEAR) Well Site Remaining Deductions Deductions Deductions/ Assessed Value 1998 Gross Direct Operating (Oper.Costs+RofI Allowable Previously Deductions Not Exempt Royalty Assessment of Remaining Production Tax Revenue Expenses Roll ROI +ROI) 95%Limitation Deductions Taken Taken Percentage Ratio Deduction Tax Refund District Tax Rate ` Wardell B-01 Weld 22,204 5785 471 451 6,707 21,094 6,707 1,453 5,253 0.000000% 87.50% 4,600 351.28, 129 0.076366 Wenzel Weld 15,333 2,381 683 340 3,404 14,566 3,404 1.004 2,401 0.000000% 87.50% 2,100 179.02 305 0.085249 Whiteside Weld 17,957 3,750 177 170 4,096 17,060 4,096 1,175 2,921 0.000000% 87.50% 2,560 209.25 310 0.081740 Williams 18-16 Weld 52,042 2,890 754 723 4.368 49,439 4,368 3,406 961 0.000000% 87.50% 840 66.50 1350 0.079162 Williams E-01 Weld 17,698 4,883_ 751 720 6,354 16,813 6,354 1,158 5,195 0.000000% 87.50% 4,550 360.19 1350 0.079162 Wooley A 01-07 Weld 18,011 2,877 754 723 4,355 17,110 4,355 1,179 3,176 0.000000% 87.50% 2,780 216.38 1305 0.077834 Wooley B 01-08 Weld 10,973 4.370 377 362 5.109 10,424 5,109 718 4,391 0.000000% 87.50% 3,840 327.85 1383 0.085377 Wooley F Unit 01 Weld 41,413 2,125 724 694 3,544 39,342 3,544 2,711 833 0.000000% 87.50% 730 56.82 1305 0.077834 Wooley K Unit 01 Weld 37,865 2,965 754 723 4,443 35.972 4443 2,478 1,964 0.000000% 87.50% 1,720 145.13 1373 0.084377 BARCLAY CRISMAN 23-20 Weld 200,582 2,470 0 0 2,470 190,553 2,470 13,129 -10,659 0.000000% 87.50% -9,330 -712.49 129 0.076366 — BARCLAY CRISMAN 24-20 Weld 35542 1,027 0 0 1,027 33,765 1,027 2,326 -1,299 0.000000% 87.50% -1,140 -87,06 129 0.076366 CHAPIN 334 Weld 170,106 5,807 442 424 6,673_ 161,601 6,673 11,134 -0,461 0.000000% 87.50% -3,900 -332.47 305 0.085249 DEVORE 32-34 Weld 164,488 2,509 552 529 3,590 156,263 3,590 10,766 -7,177 0.000000% 87.50% -6,280 -472.39 122 0.075222 ECHEVERRIA21-2 Weld 162,802 3,383 455 436 4,274 154,662 4,274 10,656 8,382 0.000000% 87.50% -5,580 -425.32 106 0.076222 ELMQUIST 11-23 Weld 104886 2,149 0 0 2,149 99,642 2,149 6,865 -4,716 0.038590% 87.50% 4,120 -407.23 2108 0.098842 IONE 134 Weld 106,450 4,079 0 6 4079 101,127 4,079 6,968 -2,889 0.000000% 87.50% -2,530 -177.46 803 0.070144 IONE23-2 Weld 64110 3,708 0 0 3,708 65904 3,708 4196 488 0.000000% 87.50% 430 -34.81 331 0.080950 KAWAKAMI 31-35 Weld 58,986 1,779 0 0 1,779 56,037 1,779 3,861 -2,082 0.000000% 87.50%- -1,820 -138.72 106 0.076222 KAWAKAMI 32-35 Weld 2,403 5,012 519 498 6,029 2,283 2,283 157 2,126 0.000000% 87.50% 1,860 141.77 106 0.076222 MCC0NAHEY43-34 Weld 668 0 450 431 881 635 635 44 591 0.000000% 87.50% 520 38.50 820 0.074030 MCCOY 13-5 Weld 29,920 2,012 491 471 2,973 28,424 2,973 1,958 1,015 0.000000% 87.50% 890 73.31 107 0.082370 MILLER43-20 Weld 135611 1,714 43 42 1,800 124.080 1,800 8,549 8,749 0.000000% 87.50% -5,910 451.32 129 0.076366 SEYMOUR 34-34 Weld 261,618 13.51/ 527 505 14,549 248,53] 14,549 17,124 -2,575_ 0.000000% 87.50% -2,250 -166.57 820 0.074030 SHELEY 14-4 Weld 133,844 3,079 0 0 3,079 127,152 3,079 8,761 8,682 0.000000% 87.50% 4,970 -409.38 115 0.082370 SLATER33-28 Weld 13,510 3,635 461 442 4,538 12,835 4,538 884 3,654 0.000000% 87.50% 3,200 253.32 1345 0.079162 SPARROW 6-26 Weld 66,949 2,451 57 54 2,562 63,601 2,562 4,382 -1,820 0.048241% 87.50% -1,590 -120.41 806 0.075729 Anderson Trust 2A Weld 0 2,572 152 146 2,870 0 0 0 0 0.000000% 87.50% 0 0.00 1303 0.078834 TOTAL WELD COUNTY 13,526,795 1,082,619 241,065 165443 1,489,127 12,850,455 1,461,885 885,384 576,501 501,720 43,097.68 Page 9 of 9 CLERK TO THE BOARD Attavo. ,' PHONE (970)356-4000, EXT.4218 FAX: (970) 352-0242 ' P.O. BOX 758 GREELEY, COLORADO 80632 C. COLORADO March 5, 2001 NORTH AMERICAN RESOURCES COMPANY C/O LOGAN & FIRMINE COMPANY 333 WEST HAMPDEN AVENUE SUITE 740 ENGLEWOOD CO 80110 RE: VARIOUS SCHEDULE NUMBERS, 1998 VARIOUS SCHEDULE NUMBERS, 1999. Dear Property Owner: This is to advise you that the Weld County Board of Commissioners will hear your two petitions for abatement or refund of taxes for 1998 and 1999 Oil and Gas Returns. The meeting is scheduled for March 26, 2001,at 9:00 a.m., in the First Floor Meeting Room,Weld County Centennial Center, 915 10th Street, Greeley, Colorado. The Assessor is recommending that the Board APPROVE your petitions. You are not required to be present at this hearing, however, this is your opportunity to have your position heard, especially if your position is opposed to the Assessor's recommendation. If you intend to submit any documentation in support of your position for this hearing, all such documentation must be submitted to the Office of the Clerk to the Board and to the Weld County Assessor's Office at least seven calendar days prior to the meeting date in order for it to be considered at the scheduled hearing. If you have any questions concerning this matter, please do not hesitate to contact Carol Harding at (970) 356-4000, extension 4217. ere A.atiti Donald D. Warden Clerk to the Board By: tr11le ' / 11>fi, deputy Clerk to the Board.--- cc: Assessor Hello