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Intercontinental Energy Corporation (State of Texas)

1.0 Site Identification

2.0 Site Status Summary

The license formerly consisted of three projects: Lamprecht, Zamzow and Pawnee. License No. 10-2238 was issued to Intercontinental Energy Corporation in September of 1976. The license authorized in situ mining and processing into uranium concentrate at leased property 2.4 miles east of the community of Pawnee in Bee County, Texas. The license was amended in March 1978 to add a site 3 miles east of Three Rivers, Texas in Live Oak County. This would subsequently be referred to as the Zamzow Project. In October of 1980, the license was changed to indicate IEC Corporation as the licensed entity. However, in September of 1983, the license was again amended to change the name back to Intercontinental Energy Corporation. An amendment to the license in October of 1983 authorized the licensee to receive liquid by-product material from Exxon Minerals Company's Ray Point tailing pond at its Zamzow facility for the purpose of extracting uranium from the liquid. In July of 1988 irrigation was authorized at the Pawnee Project. The license was terminated in February of 1989 with the authorizations and license conditions incorporated into License No. L02538. License No. 10-2538 was issued to Wyoming Mineral Corporation in July of 1978. The license authorized in situ mining, processing and drying into yellowcake at the Lamprecht mine site. An amendment to the license in February of 1980 added the Benham mine site. The license was transferred to the Westinghouse Electric Corporation in March of 1984. By September of 1984 the license was again transferred to Intercontinental Energy Corporation, d/b/a IEC Corporation in Texas. In February of 1989 the license was amended to add the Zamzow and Pawnee sites, authorizations and license conditions from License No. L02238. In April of 1998 the authorizations on the license were changed to authorize only possession incidental to decommissioning activities. In February of 1999, the Pawnee Project was released to unrestricted use and removed from the license. In November of 2003, the license was revoked for failure of the licensee to pay the licensing fees. Although revoked, this did not relieve the licensee of its duties to comply with the requirements of the law and rules to complete decommissioning the sites. The Lamprecht and Zamzow projects have had the groundwater in the well fields restored to meet their UIC permit limits, the wells have been plugged and abandoned, and the UIC permits revoked. Decommissioning of the sites has progressed to a certain point, but has been stalled for several years now. The criteria for release of a site to unrestricted use or termination of the license includes the following: 1. Demonstration and documentation that any structures, equipment or materials removed from the site or that will remain on the site meet release criteria comparable to the surface contamination limits specified in U. S. Nuclear Regulatory Commission's Regulatory Guide 1.86, or be transferred to another person specifically licensed to receive and possess such contaminated with by-product material (e.g., another uranium recovery licensee, or a by-product disposal facility). 2. Demonstration and documentation that radium-226 concentration in soil does not exceed 5 and 15 pCi/g of radium-226 in the first 15 centimeters, and subsequent 15 centimeter soil horizons, respectively, and natural uranium in soil does not exceed 30 pCi/g. 3. Documentation that the groundwater has been restored in accordance with the requirements of the underground injection control permit (the permit which authorizes the injection of lixiviants into the mining zone.

3.0 Major Technical or Regulatory Issues

The licensee has essentially abandoned the Lamprecht and Zamzow Projects without completing decommissioning.

4.0 Estimated Date For Closure

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Friday, September 26, 2008