Add-on Acquisition • Oil/Gas Exploration

TECO Coal Acquires Perry County Coal

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

Acquisition Context

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.

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M&A Deal Summary
Date	November 17, 2000
Target	Perry County Coal
Sector	Oil/Gas Exploration
Buyer(s)	TECO Coal
Deal Type	Add-on Acquisition

Target Company

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 Overview 1

Buyer

TECO Coal

Corbin,, Kentucky, United States

Category	Company
Founded	1982
Sector	Oil/Gas Exploration

DESCRIPTION

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

Deal Context for Buyer	#
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

Explore Related M&A Activity

Oil/Gas Exploration M&A - Add-on Acquisition M&A Deals - Kentucky M&A - United States M&A - 2000 M&A