|
|
| |
Formation of NRP
Natural Resource Partners was formed in April 2002 with selected properties from the following companies:
Western Pocahontas Properties
Western Pocahontas Properties Limited Partnership (WPPLP) was formed in 1986 to acquire all the coal, timber and surface rights of CSX Corporation. These properties are located in West Virginia, Kentucky, Maryland, Indiana and Alabama, and constituted approximately 45% of Natural Resource Partner's (NRP) reserves at December 31, 2001. WPPLP is privately held.
Arch Coal
Arch Coal is the second largest coal producer in the United States and has acquired coal properties since 1969 in West Virginia, Kentucky, Illinois and Virginia. The properties contributed to NRP by Arch accounted for approximately 40% of NRP's reserves at December 31, 2001. Arch Coal is traded on the New York Stock exchange under the symbol ACI.
Great Northern Properties L.P.
Great Northern Properties L.P. (GNP) was formed in 1992 to acquire the coal-related assets of Burlington Railroad. The Montana properties contributed to NRP accounted for approximately 14% of NRP's reserves at December 31, 2001. GNP is privately held.
New Gauley Coal
As part of Western Pocahontas Properties' acquisition of the CSX properties, WPPLP acquired New Gauley Coal Corporation, which held additional properties in West Virginia. The properties contributed by New Gauley formed only 1% of NRP's reserves at December 31, 2001. New Gauley Coal is privately held.
|
|
| |
Natural Resource Partners L.P. [NYSE:NRP]
601 Jefferson St., Suite 3600, Houston, TX 77002
Terms and Conditions - Privacy Policy
| | | © 2008, Natural Resource Partners L.P. - NRP. All rights reserved. |
|
|
|
