Alpha Natural Resources Subsidiary Consolidates Marcellus JV Ownership

Transaction Type

Sellers

EDF Trading Resources LLC

Pennsylvania Land Resources Holding Co. LLC

Buyers

Alpha Natural Resources Inc.

Pennsylvania Services Corp.

Announce Date

Wed, 07/01/2015 - 12:00 PM

Post Date

Jul 7, 2015

Close Date

Wed, 07/01/2015 - 12:00 PM

Estimated Price

126MM

Description

Acquired 50% in Pennsylvania Land Resources, gaining control of Marcellus Shale acreage in PA.

Alpha Natural Resources Subsidiary Consolidates Marcellus JV Ownership