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West Roundup LBA

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Serial Number	WYW-151134
Applicant	TRITON COAL COMPANY, LLC
Mine Name	North Rochelle
Application Date	July 28, 2000
Application Tonnage	173 million
Application Acreage	1,868.12 acres
Regional Coal Team Review	October 25, 2000
Scoping Meeting	October 10, 2001
Draft EA/Draft EIS	February 7, 2003
Hearing	March 4, 2002
Final EA/Final EIS	Final South Powder River Coal Environmental Impact Statement
Record of Decision Signed	September 9, 2004
Coal Offered-Amount	2,802.51 acres				327,186,000 tons
Coal Offered-Quality	Btu/lb 8,790	Ash •••	Sulfur .2%	Moisture •••	NA 1.6%	Strip Ratio 4.3 to 1 bcy/ton
Sale Date	October 27, 2004 - Bid Rejected February 16, 2005 - Bid Re-offered
Number of Bidders	1 - ARK Land         2 - Ark Land & BTU
Bids Received	$220,035,391.70 (original) $317,697,610.00 (re-offer)		78,513.69/acre (original) $112,939.07/acre (re-offer)		$.67/ton (original) $.971/ ton (re-offer)	Bid Rejected - ARK Land WR, Inc. Bid Accepted - BTU Western Resources, Inc.
Lease Effective	May 1, 2005