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May 14, 2015 — Wyoming Coal Deal $135m.
Location: Campbell County, Wyoming.
Reserves: 650,000,000 Minable Tons.
Rails, are less than 2 miles from leases.
There are 5 leases in total.
Leases are 1 mile from current major surface mining operations in the prolific Powder River Basin.
An estimated 40% increase in reserves should be added to the total, for the reserves report are only calculating seams of 50’ and greater. There are more than 6 additional seams that are in the 15’ to 45’ range in thickness.
These leases have a 5-1 and 7-1 strip ratio.
Exceptional price: $135,000,000.00