M&A Deal Summary

TECO Coal Acquires Perry County Coal

On November 17, 2000, TECO Coal acquired oil/gas exploration company Perry County Coal

Acquisition Highlights
  • This is TECO Coal’s 1st transaction in the Oil/Gas Exploration sector.
  • This is TECO Coal’s 1st transaction in the United States.
  • This is TECO Coal’s 1st transaction in Kentucky.

M&A Deal Summary

Date 2000-11-17
Target Perry County Coal
Sector Oil/Gas Exploration
Buyer(s) TECO Coal
Deal Type Add-on Acquisition

Target

Perry County Coal

Hazard,, Kentucky, United States
Perry County Coal is located in eastern Kentucky and currently produces about 2 million tons of coal a year. The company controls about 20,000 acres of owned and leased mineral properties, containing recoverable reserves of about 20 million tons.

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Buyer(S) 1

Buyer

TECO Coal

Corbin,, Kentucky, United States

website


Category Company
Founded 1982
SectorOil/Gas Exploration
DESCRIPTION

TECO Coal Corporation owns and operates coal mines in Northeastern Tennessee, Eastern Kentucky, and Western Virginia.


DEAL STATS #
Overall 1 of 1
Sector (Oil/Gas Exploration) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Kentucky) 1 of 1
Country (United States) 1 of 1
Year (2000) 1 of 1