M&A Deal Summary

Alpha Natural Resources Acquires Mate Creek Energy Of West Virginia

On October 26, 2005, Alpha Natural Resources acquired oil/gas exploration company Mate Creek Energy Of West Virginia

Acquisition Highlights
  • This is Alpha Natural Resources’ 3rd transaction in the Oil/Gas Exploration sector.
  • This is Alpha Natural Resources’ 3rd transaction in the United States.
  • This is Alpha Natural Resources’ 1st transaction in West Virginia.

M&A Deal Summary
Date 2005-10-26
Target Mate Creek Energy Of West Virginia
Sector Oil/Gas Exploration
Buyer(s) Alpha Natural Resources
Deal Type Add-on Acquisition

Target

Mate Creek Energy Of West Virginia

Newtown, West Virginia, United States
Mate Creek Energy Of West Virginia, Inc. include a large surface mine in West Virginia,producing low sulfur compliance coal, and a rail load-out facility on the Norfolk Southern line.

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Buyer(S) 1

Buyer

Alpha Natural Resources

Bristol, Virginia, United States
Category Company
Founded 2002
Sector Metals/Mining
Employees8,300
Revenue 4.3B USD (2014)
DESCRIPTION

Alpha Natural Resources, Inc. is a coal producer. Alpha NR supplies and exports metallurgical coal for use in the steel-making process and a supplier of thermal coal to electric utilities.

DEAL STATS #
Overall 3 of 7
Sector (Oil/Gas Exploration) 3 of 7
Type (Add-on Acquisition) 3 of 5
State (West Virginia) 1 of 2
Country (United States) 3 of 7
Year (2005) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-10-26 Nicewonder Coal Group

United States

Nicewonder Coal Group, primarily consists of eight entities.The acquired properties are expected to add about 4.3 million tons to Alpha's coal output in 2006, representing an increase of approximately 20 percent over Alpha's expected coal production this year.

Buy $316M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-04-06 Diamond May Coal

Sassafras, Kentucky, United States

Diamond May Coal Co. engages in surface and underground mines in Kentucky.

Buy -
Mergr

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