For Immediate Release July 29, 2008

Contact: Steven Hall, 303-239-3672

BLM awards Anvil Points clean-up contract

LAKEWOOD—The Bureau of Land Management has awarded a $15,443,003.70 contract for the clean-up of the Anvil Points site, part of the Naval Oil Shale Reserves 1 and 3, also known as the Roan Plateau. North Wind Inc. of Idaho Falls was awarded the contract.

The $15.4 million contract will fund clean-up and safe storage of a spent oil shale pile at the former oil shale research site. The cleanup will remove a 300,000 cubic yard oil shale pile to a newly constructed oil shale repository.

The Anvil Points Fund was established by the 1997 Transfer Act, which transferred management of the Roan Plateau to the BLM. Royalties from past oil and gas development in the Roan Plateau funded the cleanup of the Anvil Points site.

“Awarding this contract is a key milestone for certification of the obligations contained in the 1997 Transfer Act,” said BLM Colorado State Director Sally Wisely. “Certification will ensure that the State of Colorado receives a share of future royalties and bonus bids as well as royalties from existing leases on the Roan Plateau.”

###