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COPYRIGHT 2006 PR Newswire Association LLC
HOUSTON, June 30 /PRNewswire-FirstCall/ -- Natural Resource Partners L.P. and today announced that it has closed two acquisitions of coal reserves totaling $16.35 million. The Partnership used cash to fund these acquisitions.
(Logo: http://www.newscom.com/cgi-bin/prnh/20060109/NRPLOGO )
The first acquisition for $10.85 million comprises coal reserves in Indiana. The acquisition consists of 16.3 million tons of coal reserves and an overriding royalty interest on an additional 2.4 million tons. These reserves are leased to Triad Mining, a subsidiary of James...
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