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US Environmental Protection Agency October 7,2008 Page 2 4. This firm is the owner or operator of the following injection wells for which financial assurance for plugging and abandonment is not demonstrated either to EPA or a State through the financial test or any other financial assurance mechanism specified in subpart F of 40 CFR part 144 or equivalent or substantially equivalent State mechanisms. The current plugging and abandonment cost estimate not covered by such financial assurance is shown for each injection well: ......................................................................................................................................... NONE This firm is not required to file a Form 10K with the Securities and Exchange Commission (SEC) for the latest fiscal year. The fiscal year of this firm ends on June 30. The figures for the following items marked with an asterisk are derived from this firm's independently audited, year-end financial statements for the latest completed fiscal year, ended June 30, 2008. ALTERNATIVE II 1. (a) Current plugging and abandonment cost ...........................................................$400,800 (b) Sum of the company's financial responsibilities under 40 CFR Parts 264 and 265, Subpart H, currently met using the financial test or corporate guarantee ....................... (c) Total of lines a and b ......................................................................................$400,800 2. Current bond rating of most recent issuance of this firm and name of ratingservice ....................................................................................................... Fitch „A„ 3. Date of issuance of bond.......................................................................................July 2008 4. Date of maturity of bond...............................................................................................2024 5. Tangible net worth (if any portion of the plugging and abandonment cost estimate is included in "total liabilities" on your firm's financial statements, you may add the amount of that portion to this line) ....................................$24,796,000*(A) 6. Total assets in U.S. (required only if less than 90% of firm's assets are locatedin U.S.)..............................................................................................................N/A 7. Is line 5 at least $10 million? ........................................................................................YES 8. Is line 5 at least 6 times line 1 (c)? ................................................................................YES 9. Are at least 90% of the firm's assets located in the U.S.? If not, complete line 10..........YES 10. Is line 6 at least 6 times line 1(c)? ..................................................................................N/A I hereby certify that the wording of this letter is identical to the wording specified in 40 CFR 144.70(f)as such regulations were constituted on the date shown immediately below. Sincerely, Donna Stevener V Chief Financial Officer Date Signed: October 7, 2008 *(A) The Agency is a State of California joint action public entity that operates on a not-for-profit basis; audit in process.