Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Bloomberg Customers


February 11, 2016 2:28 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Elk Run Coal Company, Inc.

Company Overview

Elk Run Coal Company, Inc. engages in coal mining. The company was founded in 1978 and is based in Sylvester, West Virginia. Elk Run Coal Company, Inc. operates as a subsidiary of Alpha Natural Resources, Inc. On August 3, 2015, Elk Run Coal Company, Inc. filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the Eastern District of Virginia. It is in joint administration with Alpha Natural Resources, Inc.

31754 Coal River Road

Sylvester, WV 25193

United States

Founded in 1978

Phone:

304-854-1890

Key Executives for Elk Run Coal Company, Inc.

President
Compensation as of Fiscal Year 2015.

Elk Run Coal Company, Inc. Key Developments

Sale Procedure Approved for Alpha Natural Resources, Inc.

The US Bankruptcy Court gave an order approving the sale procedures relating to the sale of certain assets of Foundation PA Coal Company, LLC, an affiliate of Alpha Natural Resources, Inc. on December 22, 2015. The Court approved the sale of its certain assets in open market transactions. The debtor’s assets include 4,016,146 shares of Rice Energy Inc. All sales will be market transactions with unrelated third party buyers for cash consideration and no sale shall be made for less than the then-current trading price on the NYSE. The debtor will serve a quarterly notice which will include number shares to be disposed, minimum share price and anticipated fees.

Motion for Asset Sale Filed by Alpha Natural Resources, Inc.

Foundation PA Coal Company, LLC, an affiliate of Alpha Natural Resources, Inc. filed a motion in the US Bankruptcy Court for the sale of certain assets on December 3, 2015. The debtor seeks the Court’s approval for the sale of its certain assets in open market transactions. The debtor’s assets include 4,016,146 shares of Rice Energy Inc. All sales will be market transactions with unrelated third party buyers for cash consideration and no sale shall be made for less than the then-current trading price on the NYSE. The debtor will serve a quarterly notice which will include number shares to be disposed, minimum share price and anticipated fees.

Bidding Procedure Approved for Alpha Natural Resources, Inc.

The US Bankruptcy Court gave an order approving the bidding procedures relating to the sale of certain assets of Alpha Natural Resources, Inc. on November 6, 2015. The Court approved the sale of certain assets to the highest bidder in an auction. The debtor’s assets include mining properties and related infrastructure assets. To qualify as a qualified bidder, interested parties should submit their bids by January 20, 2016. Each qualified bidder must make a good faith deposit of $0.1 million. The debtor has scheduled an auction on January 27, 2016. The sale hearing is scheduled February 9, 2016. The debtor filed a modified asset schedule on November 30, 2015. As per this, additional assets were added to be sold at the auction.

Similar Private Companies By Industry

Company Name Region
Casper Crude to Rail, LLC United States
Western Allegheny Energy LLC United States
Junell Corporation United States
International Oil & Gas, Inc. United States
PostRock Energy Services Corporation United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Elk Run Coal Company, Inc., please visit --. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.