EFTA01875410.pdf

To: Richard Kahn From: Jeffrey Epstein Sent Tue 7/17/2012 6:56:53 PM Subject: Re: Zorro Ranch Revised ok On Tue, Jul 17, 2012 at 2:47 PM, Richard Kahn wrote: I just spoke with the owner Bill Whaley who was reluctant to discount his pricing any further than the $1,600 offered in this email. I was able to persuade him to agree to a total discount of $6,000 which represents a 4.85% discount from original quote. Accordingly their price to drill would be $117,221 They will be ready to start next week around July 25th + or - a day Please note that this quote is priced for the full 800 feet of drilling If we only drill 700 feet then the cost will be reduced by approximately $6,300 Other costs involved with drilling other than HGS $117,221 are as follows: a) Casey Cook - consultant to oversee job and file reports - approximately $12,500 (billing rate of $150 per hour) -costs already incurred and paid in 2012 with identifying well, meeting with Brice and filing permits, etc. amount to $9,000 b) RMC Electric - approximately $17,500 per Brice (i will forward his quote and negotiate with him as well) Estimated total drilling costs with gross receipts tax: $165,974 (this number includes $9,000 costs already incurred and New Mexico gross receipts tax rate of 6.625% - darren is looking into why gross receipts is applicable) Please advise PLEASE NOTE EFFECTIVE JUNE 5TH MY CONTACT INFO WILL BE AS FOLLOWS: Richard Kahn HBRK Associates Inc. EFTA_R1_00283967 EFTA01875410 Begin forwarded message: From: Casey Cook <a Date: July 17, 2012 10:17:42 AM EDT To: Richard Kahn a> Cc: brice gordon Subject: Fwd: Zorro Ranch Revised Richard K.; Hydrogeologic Services sent the attached revised draft contract with a price adjustment on the 8-inch screen. The price is reduced from $28/foot to $24/foot from the original bid, which reduces the total well cost by $1600. The other unit costs are the same as in the original bid. Please note that the estimated cost of the pump may change depending on the tested well capacity, which may be more or less than the 100 gpm planned for estimating purposes. A larger pump will cost more, a smaller pump less. Also, the drilled and constructed depth may be less than the planned 800 feet depending on determination in the field of the final depth. I understand HGS will invoice Cypress, Inc for the actual footage drilled and cased on the basis of the proposed unit prices. Hydrogeologic Services indicates they are available to mobilize to the Ranch next week to begin drilling. I recommend Cypress. Inc. award the contract to Hydrogeologic Services for drilling the 8-inch well at Zorro Ranch because of their lower bid price and earlier availability than the other responsive bidder (Yellow Jacket Drilling), and for their previous experience drilling a similar well into the target formation at the Ranch. Please call with any questions you may have, or if you wish to discuss this in further detail. Casey W. Cook, P.E. Belleau Groundwater, Inc. Forwarded message From: Esperanza Cordova Date: Mon, Jul 16, 2012 at 4:53 PM Subject: Zorro Ranch Revised To: "Casey W. Cook" EFTA_R1_00283968 EFTA01875411 Thanks. Esperanza D. Meis Office Administrator HydroGeologic Services, Inc. The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of Jeffrey Epstein Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to jecvacation@gmail,com, and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA_R1_00283969 EFTA01875412