Divestiture • Oil/Gas Exploration

Kiewit Mining Group Acquires Buckskin Mine

On March 8, 2004, Kiewit Mining Group acquired oil/gas exploration company Buckskin Mine from Arch for 82M USD

Acquisition Context
  • This is Kiewit Mining Group’s 1st transaction in the Oil/Gas Exploration sector.
  • This is Kiewit Mining Group’s largest (disclosed) transaction.
  • This is Kiewit Mining Group’s 1st transaction in the United States.

Explore All 413 Divestiture Oil/Gas Exploration Deals - Search the Database Free


M&A Deal Summary

Date March 8, 2004
Target Buckskin Mine
Sector Oil/Gas Exploration
Buyer(s) Kiewit Mining Group
Sellers(s) Arch
Deal Type Divestiture
Deal Value 82M USD

Target Company

Buckskin Mine

United States
Buckskin Mine produces more than 27 million tons of coal per year from the Anderson and Canyon geologic formations.Buckskin has shipped more than 406 million tons of high-quality, low sulfur coal from the Southern Powder River Basin.
Explore More Deals

Browse All 215,158 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

Kiewit Mining Group

Omaha,, Nebraska, United States

Category Company
Founded 1943
Sector Oil/Gas Exploration
DESCRIPTION

Kiewit Mining Group, Inc. engages in mine management, production, maintenance, and contract mining ventures. The company owns and manages coal mines in Wyoming and Texas.


Deal Context for Buyer #
Overall 1 of 1
Sector: Oil/Gas Exploration 1 of 1
Type: Divestiture 1 of 1
Country: United States 1 of 1
Year: 2004 1 of 1
Size (of disclosed) 1 of 1

Seller Profile 1

SELLER

Arch

St. Louis, Missouri, United States

Category Company
Founded 1969
Sector Metals/Mining
Employees3,404
Revenue 3.1B USD (2023)
DESCRIPTION

Arch is a coal producer and marketer. Its core business is supplying cleaner-burning, low-sulfur thermal and metallurgical coal to power generators and steel manufacturers on five continents. Arch was founded in 1969 and is based in St. Louis, Missouri.


Deal Context for Seller #
Overall 1 of 4
Sector: Oil/Gas Exploration 1 of 3
Type: Divestiture 1 of 4
Country: United States 1 of 4
Year: 2004 1 of 1
Size (of disclosed) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-05-29 Vulcan Coal Holdings

Wyoming, United States

Vulcan Coal Holdings LLC is the parent company for Triton Coal Company.

Buy $364M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-08-20 Triton Coal Company

Fairview Heights, Illinois, United States

Triton Coal Company LLC is a coal producer in US.

Buy $364M