AMSO holds a Research, Development and Demonstration (RD&D) 10-year lease for 160 acres of federal government land in North Western Colorado. AMSO’s lease is located in the heart of the oil shale rich section of the Green River Formation. AMSO is currently the only independent lease holder in Colorado, and one of only four companies that were awarded a lease, out of twenty applications submitted in the process. Upon a successful demonstration of a commercially viable and environmentally sound shale oil extraction process, AMSO will have a preference right to an additional 4,960 acres of oil shale rich land, holding more than 10 billion barrels of oil.