EXHIBIT 1 SMITH & COMPANY CERTIFIED PUBLIC ACCOUNTANTS MEMBERS OF: CRANDALL BUILDING SUITE 700 AMERICAN INSTITUTE OF 10 WEST 100 SOUTH CERTIFIED PUBLIC ACCOUNTANTS SALT LAKE CITY, UTAH 84101 UTAH ASSOCIATION OF TELEPHONE: (801) 575-8297 CERTIFIED PUBLIC ACCOUNTANTS FACSIMILE: (801) 575-8306 October 1, 1996 SECPS Letter File US Securities and Exchange Commission Mail Stop 9-5 450 Fifth Street, Northwest Washington, DC 20549 RE: Essential Resources, Inc. - SEC File No. 33-55254 Ladies and Gentlemen: We have read Item 4 of the Form 8-K for Essential Resources, Inc., dated October 1, 1996 and agree with the statements contained therein. Very truly yours, Smith & Company By:/s/ROGER B. KENNARD ----------------------- Roger B. Kennard 4