FOR IMMEDIATE RELEASE

Alpha Natural Resources Successfully Emerges From Bankruptcy
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Reorganized Company Will Have Solid Financial Foundation to Continue Mining Coal,
Fulfill Customer Needs and Satisfy Environmental Responsibilities
BRISTOL, VA, July 26, 2016 – Alpha Natural Resources and its affiliates announced that the Company has
today successfully emerged from Chapter 11 bankruptcy protection. The reorganized company is a smaller,
privately held company operating 18 mines and eight preparation plants in West Virginia and Kentucky.
David Stetson, who was appointed CEO of the reorganized company, said, “By completing this restructuring,
ANR emerges as a company with a solid financial foundation and a strong team to continue to mine and sell
coal. We are now also better positioned to satisfy ANR’s environmental responsibilities. I am confident ─
even though coal markets continue to be challenged by both competitive and regulatory pressures ─ the
company created by our Plan of Reorganization will have the structure, resources, and talent to successfully
weather these challenges.”
Stetson continued, “There are many people to thank. ANR could not have successfully completed this process
without the loyalty and work of employees across our organization. During the restructuring, we reached
important agreements with key stakeholders that will create a more sustainable business model going forward,
and we appreciate their support, which ensures our ability to continue serving our customers and playing a
positive role in our communities.”
Stetson is a veteran coal executive with broad experience in the sector, including finance, mergers and
acquisitions, corporate governance, legal and reclamation. He most recently held leadership positions with
Trinity Coal, RAAM Global Energy and JW Resources.
Alpha and its affiliates will have offices in Julian, West Virginia, and Kingsport, Tennessee, supporting
operations at 14 mining complexes in Central Appalachia.
About Alpha Natural Resources
Alpha Natural Resources has affiliate mining operations in West Virginia and Kentucky, and supplies
metallurgical coal to the steel industry and thermal coal to generate power. Alpha is committed to being a
leader in mine safety and an environmental steward in the communities where its affiliates operate. For more
information, visit Alpha’s website (www.alphanr.com).
Media Contact
Steve Hawkins
Director, Media Relations
276-285-2037
shawkins@alphanr.com

One Alpha Place •

P.O. Box 16429 •

Bristol, Virginia 24209 •

866-322-5742 •

276-619-4410

•

www.alphanr.com