Dear Carl:

I am writing to thank you for jumping into action during our recent proposed merger transaction. As usual, with very short notice, you were able to guide us through the full spectrum of paper and electronic media presentations and interviews. Your willingness to travel with us and be with us allowed us to continually fine-tune our presentation as we moved along.

During my four-year association with you, you have taken a group of technically oriented people and given them the skills and confidence to present with confidence.

These are a difficult times for the resource industry in the United States. There is no shortage of politicians and special interests groups taking aim at our industry. Your training has allowed us to avoid the potholes and to say focused on the positive contribution our industry makes to the economy.

I look forward to a long-term relationship both professionally and personally.

Sincerely,

Werner Nennecker
Chief Executive Officer