I was at my home in La Plata County Colorado last night, (June 1, 2007) when I woke up and went to get a glass of water at approximately 11:30 pm. I glanced out the kitchen window and noticed a very large, bright white light to the west. At first I thought maybe it was a hot air balloon.... but why would it be so lit up and out flying at 11:30 at night. I stepped out on porch and the object appeared to be standing still in the sky and about the size of my thumbnail at arms length. Quite large. At times it apeared spherical and at other times eliptical or oval in shape. I was able to go grab the binoculars and when I observed the object through the binoculars, I then could see that it was covered with many bright white lights. There were spaces between the lights. The lights were steady. It now appeared that the object was moving slowly away from me. I observed it for approximately 30 minutes. My wife saw it also. Then suddenly it just dissapeared.