Approximately 1,400 feet of continuous core was taken .between 800-2,214 feet in depth from USBM/AEC Colorado core hole No. 2. The drill, site is located in the Piceance Creek basin, Rio Blanco County, Colorado. From ground surface the drill hole penetrated 1,120 feet of the Evacuation Creek Member and 1,094 feet of oil shale in the Parachute Creek Member of the Green River Formation. Oil shale yielding more than 20 gallons per ton occurs between 1,260-2,214 feet in depth. A gas explosion near the bottom of the hole resulted in abandonment of the exploratory hole which was still in oil shale. The top of the nahcolite zone is at 1,693 feet. Below this depth the core contains common to abundant amounts of sodium bicarbonate salt intermixed with oil shale. The core is divided into seven structural zones that reflect changes in joint intensity, core loss and broken core due to natural causes. The zone of poor core recovery is in the Interval between 1,300-1,450 feet. Results of preliminary geophysical log analyses indicate that oil yields determined by Fischer assay compare favorably with yields determined by geophysical log analyses. There is strong evidence that analyses of complete core data from Colorado core holes No. 1 and No. 2 reveal a reliable relationship between geophysical log response and oil yield. The quality of the logs is poor in the rich shale section and the possibility of repeating the logging program should be considered. Observations during drilling, coring, and hydrologic testing of USBM/AEC Colorado core hole No. 2 reveal that the Parachute Creek Member of the Green River Formation is the principal aquifer water in the Parachute Creek Member is under artesian pressure. The upper part of the aquifer has a higher hydrostatic head than, and is hydrologically separated from the lower part of the aquifer. The transmissibility of the aquifer is about 3500 gpd per foot. The maximum water yield of the core hole during testing was about 500 gpm. Chemical analyses of water samples indicate that the content of dissolved solids is low, the principal ions being sodium and bicarbonate. Although the hole was originally cored, to a depth of 2,214 feet, ,the present depth is about 2,100 feet. This report presents a preliminary evaluation of core examination, geophysical log interpretation and hydrological tests from the USBM/AEC Colorado core hole No. 2. The cooperation of the U.S. Bureau of Mines is gratefully acknowledged. The reader is referred to Carroll and others (1967) for comparison of USBM/AEC Col0rado core hole No. 1 with USBM/AEC Colorado core hole No. 2.