M&A Deal Summary

Alpha Natural Resources Acquires Premium Energy

On October 26, 2005, Alpha Natural Resources acquired oil/gas exploration company Premium Energy

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 Virginia.

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

Target

Premium Energy

Bristol, Virginia, United States
Premium Energy, Inc. provides coal-mining services. The company operates surface mines in Mingo and Logan counties, West Virginia, producing high Bituminous, low-grade sulfur coal.

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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 (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 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.

Buy -
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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