70 East Main Street, Suite F  Greenwood, IN 46143  317.889.5760  pinnacleactuaries.com    John E. Wade, ACAS, MAAA  Consulting Actuary  jwade@pinnacleactuaries.com  December 7, 2017      Special Reclamation Advisory Council  c/o Department of Environmental Protection  Division of Land Restoration – Office of Special Reclamation  601 57th Street S.E.   Charleston, West Virginia 25304      Dear Council Members:  Pinnacle Actuarial Resources, Inc is pleased to provide the enclosed report to the Special Reclamation  Advisory Council of the West Virginia Department of Environmental Protection.  The report provides  summary and various details regarding the actuarial valuation of the Special Reclamation Fund and the  Special Reclamation Water Trust Fund as of June 30, 2017.    If you have any questions, or require anything further please call us at the numbers listed below.   Thank you for allowing us to be of service to the Council again this year.  We look forward to the  opportunity to work with you again in the near future.  Best Regards,      John E. Wade, ACAS, MAAA  Consulting Actuary  jwade@pinnacleactuaries.com  317‐889‐5760      Commitment Beyond Numbers      Report for the  West Virginia Department of Environmental Protection  Office of Special Reclamation    Actuarial Valuation of the  Special Reclamation Fund &  Special Reclamation Water Trust Fund    Actuarial Analysis as of June 30, 2017          70 East Main Street, Suite F  Greenwood, IN 46143  317.889.5760  pinnacleactuaries.com              Commitment Beyond Numbers    REPORT ORGANIZATION      EXECUTIVE SUMMARY provides a thumbnail sketch of the results of our analysis.    ACTUARIAL CERTIFICATION attests that this valuation has been conducted in accordance with  generally accepted actuarial principles and practices.    SECTION 1 describes the actuarial model in detail and the development of the assumptions used to  estimate the revenues and liabilities of the Special Reclamation Fund and the Special Reclamation  Water Trust Fund.    SECTION 2 provides a projection of required income for solvency through the next 35 years.    SECTION 3 describes the data reviewed and used in the report.    SECTION 4 describes the actuarial assumptions used in the valuation.    The timely completion of our report depended on complete responses to our data and information  requests.  The Department of Environmental Protection staff provided us with timely and complete  responses to all of our requests for information.  We wish to thank them, especially Michael Sheehan,  Lewis Halstead, Dianna Wright, Michael Fairchild, and Patricia Hickman for their time and for providing  us with their counsel as well as the information that we used in this report.     Pinnacle Actuarial Resources, Inc.  Table of Contents      EXECUTIVE SUMMARY ..................................................................................................................................................... 1  ACTUARIAL CERTIFICATION ............................................................................................................................................ 12  SECTION 1 – ACTUARIAL VALUATION ............................................................................................................................. 13  SECTION 2 – PROJECTION OF REQUIRED INCOME ........................................................................................................... 24  SECTION 3 – DATA UNDERLYING ANALYSIS .................................................................................................................... 25  SECTION 4 – ACTUARIAL ASSUMPTIONS ......................................................................................................................... 30      Exhibits     Pinnacle Actuarial Resources, Inc.  West Virginia Special Reclamation Fund       Page 1  EXECUTIVE SUMMARY    This report from Pinnacle Actuarial Resources provides the Department of Environmental Protection  (DEP) with information regarding the funded status of the Special Reclamation Fund (SRF or  contextually Fund) and the Special Reclamation Water Trust Fund (SRWTF or contextually Fund) and an  analysis of the SRF’s and SRWTF’s projected financial statuses under a range of operational  parameters.  This report updates and expands our previous actuarial study completed in 2013.  This  analysis incorporates the current estimates of future water treatment costs under the expanded  National Pollutant Discharge Elimination System (NPDES) standards.    This valuation is a “closed” valuation in that it only considers liabilities associated with permits that  have already been issued.  The estimated Fund liabilities account for both known forfeitures and  anticipated forfeitures from permits issued before July 1, 2017.  Accordingly, we have included in this  report reclamation liabilities based on the date of forfeiture as well as based on the issue date of  permit, to provide the SRF Advisory Council with a complete picture of the Fund’s current obligations.    The estimates in this report are actuarial central estimates.  As actuarial central estimates, they  represent an expected value within the range of reasonably possible outcomes.  The bond recoveries  are considered as an income item rather than an adjustment to the liabilities as the Fund is responsible  for the reclamation of bond forfeiture sites regardless of bond collection.  The estimates do not  consider any excess insurance or other recoveries because there is no excess insurance and no other  recoveries are expected. The estimated liability at June, 30, 2017 is based on permit and forfeiture data  through June 30, 2017 and data received through October 6, 2017.      BACKGROUND ON COAL TAX RATES FOR FUNDS     In Senate Bill No. 751 (SB 751), a separate Special Reclamation Water Trust Fund (SRWTF or Water  Trust Fund) was established effective July 1, 2008.  Beginning in 2012, coal tax revenues based on a tax  rate of 15.0 cents per ton are being paid into the Special Reclamation Water Trust Fund.  In addition,  coal tax revenues based on 12.9 cents per ton (7 cents plus 5.9 cents per SB 751) are being paid into  the Special Reclamation Fund (SRF).  These rates have continued into 2017 and our estimates assume  they will for the foreseeable future.    Unless modified in response to future legislation, for budgeting and analysis purposes the Department  of Environmental Protection plans to continue paying all costs for both land and water reclamation  work out of the Special Reclamation Fund (SRF) through June 2018.  This delay better enables the   Pinnacle Actuarial Resources, Inc.  West Virginia Special Reclamation Fund       Page 2  SRWTF to build up assets and reach a position where it is large enough to begin covering water  treatment costs – both water capital costs and ongoing water treatment costs.      ASSUMPTION CHANGES     Except as noted below, there were no major changes to methodologies or assumptions compared to  our 2013 analysis.   Release rates were reviewed and reduced from the prior analysis.   Forfeiture rates were reviewed and reduced from the prior analysis.   Investment rates were reviewed and adjustments made in keeping with current listings of  recent West Virginia State investment pools, U.S. Treasury rates and a segmentation  between the SRF and SRWTF.  In addition, investable amounts were restricted within each  fund to allow for liquidity in paying ongoing expenses.     Inflationary cost trends have been lowered based on changes in the Consumer Price Index.   Discount rates were adjusted to reflect selected investment rates.   Water treatment costs are based on new standards of the NPDES.   Water capital costs have increased due to a reassignment of “ACT” (active chemical  treatment) and “P” (passive treatment) permits from closed in our prior analysis to open in  our current analysis.   Administrative cost estimates were decreased based on historical data.    These changes and the impact are described in more detail in the text of the report.      FUNDED STATUS    Separate projections of the SRF and the SRWTF have been developed to show the overall financial  solvency of each fund.  For the funded status, we have compared the present value of future  expenditures with the current value of the Fund’s assets plus the present value of future income, using  a 20‐year cash‐flow projection and a 35‐year cash‐flow projection.      Fund  SRF  SRWTF  Combined  Funded Status (on a present value basis) 20 Year 35 Year Year Fund  Projection  Projection  Becomes Negative  97.3% 93.6% 2021  162.6% 151.4% Fully Funded  123.4% 115.8% Fully Funded   Pinnacle Actuarial Resources, Inc.  West Virginia Special Reclamation Fund       Page 3    The funded status of the SRF has deteriorated significantly since our 2013 review, primarily as a result  of increasing water treatment costs which more than offset more favorable selected forfeiture rates.   The SRF is projected to develop a negative Fund balance in 2021.  The benefit of the improved  forfeiture rates, however, has moved the SRWTF into a fully funded status on a present value basis.    It is noted that on a combined basis the two Funds maintain a positive balance throughout the  projection periods.  In Exhibit 6.1 it can be seen that combined transfers of $38 million in assets from  the SRWTF to the SRF would keep the SRF in a positive balance position throughout the projection  period without causing the SRWTF to move to a negative balance position.  If those Fund transfers  were to occur, the above table could be restated as below.      Fund  SRF  SRWTF  Combined  Funded Status (on a present value basis) 20 Year 35 Year Year Fund  Projection  Projection  Becomes Negative  110.9% 105.6% Fully Funded  130.3% 115.7% Fully Funded  118.6% 109.5% Fully Funded    A second alternative to keep the SRF in a positive Fund balance position would be to raise the SRF coal  extraction fee from 12.9 cents a ton to 20.6 cents a ton in 2018 and for the next four years, and then  dropping it back down to 12.9 cents a ton in 2023.      Fund transfers of $38 million from the SRWTF to the SRF as noted in Exhibit 6.1 are assumed  throughout the remainder of this report, without any changes to the extraction fees.      VALUATION RESULTS    Expenditures  Tables A‐1 through A‐4 below show the present value of future expenditures from July 2017 to June  2037 and from July 2017 to June 2052 for the Special Reclamation Fund and the Special Reclamation  Water Trust Fund.  The future expenditures associated with these Funds include:   land capital expenditures (restoring the land to the approved reclamation plan),   water capital expenditures (creation of water treatment facilities),   ongoing water treatment expenditures, and   administration costs.       Pinnacle Actuarial Resources, Inc.  West Virginia Special Reclamation Fund       Page 4  These amounts include the Department of Environmental Protection estimated costs for reclamation  activities on permits that have already been forfeited, including the estimated on‐going water  treatment costs.  The projected amounts are the discounted present value of projected cash flows  using a discount rate equal to the expected investment returns based upon recent returns on West  Virginia investments and US Treasury Notes.  Since the estimated annual reclamation cost inflation rate  of 2.5 percent is fairly close to the implicit discount rate, the discounted figures are nearly the same as  the estimated costs in 2017 dollar terms for the SRF.  Discounting has a larger impact on the SRWTF,  which is projected to have much larger investment returns.    A complete description of all of the assumptions used in the valuation can be found in Section 4.  The  Water Capital and Water Treatment costs are only included in the Special Reclamation Fund figures  until July of 2018, at which point following a ten year capital build up, the Water Trust Fund will begin  covering water capital and water treatment costs on forfeitures occurring after June 30, 2018.   Table A‐1 ‐ Special Reclamation Fund 20 Year Liabilities for Known and Expected Forfeitures   Table A‐2 ‐ Special Reclamation Fund 35 Year Liabilities for Known and Expected Forfeitures   Table A‐3 ‐ Special Reclamation Water Trust Fund 20 Year Liabilities for Known and  Expected Forfeitures   Table A‐4 ‐ Special Reclamation Water Trust Fund 35 Year Liabilities for Known and  Expected Forfeitures    Table A‐1 Special Reclamation Fund  Liability as of June 30, 2017 for Known and Expected Forfeitures  Limited to a 20‐Year Cash Flow   (Present Value in $ Millions)    Land Capital  Water Capital  Ongoing Water  Treatment  Administration  Total  Currently Forfeited  Permits  $27.7   95.2     4.8 Projected Future  Forfeitures  $49.2    0.0    0.0     Total  Liabilities  $76.9    95.2      4.8    76.3    $253.3    For comparison purposes, the 20‐Year SRF cost projection prepared by Pinnacle in 2013 was $284.0  million.  Projected Land and Water Capital costs on currently forfeited permits are up substantially in   Pinnacle Actuarial Resources, Inc.  West Virginia Special Reclamation Fund       Page 5  spite of the improved forecast of forfeiture rates because of the backlog in payments.  Future forfeited  permits costs are down because of the more favorable selected forfeiture rates.      Table A‐2  Special Reclamation Fund  Liability as of June 30, 2017 for Known and Expected Forfeitures  Limited to a 35‐Year Cash Flow (Present Value in $ Millions)   Currently Forfeited Projected Future  Total  Permits  Forfeitures  Liabilities  Land Capital  $27.7 $55.7   $83.4  Water Capital  95.2     0.0     95.2  Ongoing Water    4.8     0.0     4.8  Treatment  Administration      148.6  Total      $332.0    For comparison purposes, Pinnacle’s 35‐Year SRF cost projection in 2013 was $389.9 million.       Pinnacle Actuarial Resources, Inc.  West Virginia Special Reclamation Fund         Page 6  Table A‐3 Special Reclamation Water Trust Fund  Liability as of June 30, 2017 for Known and Expected Forfeitures  Limited to a 20‐Year Cash Flow (Present Value in $ Millions) Currently Forfeited Projected Future  Total  Permits  Forfeitures  Liabilities  Land Capital  $0.0  $0.0     $0.0  Water Capital  46.7  38.0     84.7  Ongoing Water  70.6  13.1     83.7  Treatment  Administration          0.0  Total      $168.4    For comparison purposes, Pinnacle’s 20‐Year SRWTF cost projection in 2013 was $151.5 million.  Water  treatment costs are up due to the increased costs related to the new NPDES standards.       Table A‐4 Special Reclamation Water Trust Fund  Liability as of June 30, 2017 for Known and Expected Forfeitures  Limited to a 35‐Year Cash Flow (Present Value in $ Millions)   Currently Forfeited  Projected Future  Total  Permits  Forfeitures  Liabilities  Land Capital  $0.0  $0.0     $0.0  Water Capital  46.7  40.9     87.6  Ongoing Water  96.0  23.9   119.9  Treatment  Administration          0.0  Total      $207.4    For comparison purposes, the 35‐Year SRWTF cost projection in 2013 was $290.4 million.           Pinnacle Actuarial Resources, Inc.  West Virginia Special Reclamation Fund       Page 7  Revenues    The SRF and SRWTF receive revenues from several sources.  The primary funding source for both Funds  is tax on current coal extraction.  The second funding source, available only to the SRF, is from the  underlying security on forfeited permits, as the Fund collects the bond amounts associated with the  forfeited permits and/or civil penalties and court settlements.  The third funding source, available to  both Funds, is interest income earned on the SRF and SRWTF assets invested in State investment pools  (SRF) and other higher yielding instruments (SRWTF).      As with the projection of expenses, we have developed income projections across both a 20 year and  35 year time horizon for each Fund. Future revenue streams have been discounted at the implicit  annual investment returns for both the SRF and the SRWTF.   Table B‐1 ‐ Special Reclamation Fund 20 Year Revenue   Table B‐2 ‐ Special Reclamation Fund 35 Year Revenue   Table B‐3 ‐ Special Reclamation Water Trust Fund 20 Year Revenue   Table B‐4 ‐ Special Reclamation Water Trust Fund 35 Year Revenue    Overall estimated SRF revenues have not changed substantially since our 2013 estimates, although the  individual components have shifted.  Coal tax is down somewhat because of lower estimated coal  production.  Projected revenues from bond forfeitures are down because of the improved projected  forfeiture rates.  Miscellaneous income is up quite a bit based on recent past experience.  Interest  income is negligible because of the very low asset base of the SRF.    Table B‐1 Special Reclamation Fund  Revenue Projection as of June 30, 2017 for Known and Expected Forfeitures  Limited to a 20‐Year Cash Flow (Present Value in $ Millions) Coal Tax  Civil Penalties Current  Bond  & Court  Fund  Interest  Total  Permits  Forfeiture   Settlements  Transfers  Income  Income  $134.5  $26.3  $28.4 $29.5 $5.9 $224.7        Pinnacle Actuarial Resources, Inc.  West Virginia Special Reclamation Fund       Page 8    Table B‐2 Special Reclamation Fund  Revenue Projection as of June 30, 2013 for Known and Expected Forfeitures  Limited to a 35‐Year Cash Flow (Present Value in $ Millions) Coal Tax  Civil Penalties Current  Bond  & Court  Fund  Interest  Total  Permits  Forfeiture   Settlements  Transfers  Income  Income  $182.2  $28.3  $42.8 $29.5 $11.5 $294.4   Estimated SRWTF revenues are down in our 20 and 35 year forecasts compared to our 2013 estimates  due to decreased projected coal production and projected lower forfeiture of bonds.      Table B‐3 Special Reclamation Water Trust Fund  Revenue Projection as of June 30, 2017 for Known and Expected Forfeitures  Limited to a 20‐Year Cash Flow (Present Value in $ Millions) Coal Tax  Civil Penalties Current  Bond  & Court  Fund  Interest  Total  Permits  Forfeiture   Settlements  Transfers  Income  Income  $113.5  $0.0  $0.0 ‐$29.5 $42.3 $126.3   Table B‐4 Special Reclamation Water Trust Fund  Revenue Projection as of June 30, 2017 for Known and Expected Forfeitures  Limited to a 35‐Year Cash Flow (Present Value in $ Millions) Coal Tax  Civil Penalties Current  Bond  & Court  Fund  Interest  Total  Permits  Forfeiture   Settlements  Transfers  Income  Income  $133.5  $0.0  $0.0 ‐$29.5 $42.9 $146.9   Note that SRWTF interest income is nearly stagnant between the 20 year and 35 year forecasts  because our model does not allow interest to be earned when the undiscounted fund balance is  negative.  See Exhibits 6.2 and 10.2.     Pinnacle Actuarial Resources, Inc.  West Virginia Special Reclamation Fund       Page 9    Fund Status as of June 30, 2017    The Special Reclamation Fund had accumulated assets of $56.2 million while the Special Reclamation  Water Trust Fund had accumulated $93.1 million in assets as of June 30, 2017.  The SRF assets have  decreased by nearly $20 million since 2013 while the SRWTF assets are up by more than $70 million.   These levels reflect both the continued benefit of significant reclamation efforts in the past and the  revenue from various sources including the coal tax collections.    In Tables C‐1 and C‐2 below, we combine the projected reclamation liabilities, current assets and  expected future revenue and fund transfers to produce the Funded Status for each of the Funds.  A  Funded Status of above 100 percent indicates that the current revenue structure (i.e. legislated coal  tax revenues and amounts of permit bonds) should provide sufficient funding to meet the long‐term  obligations of the Fund for the reclamation of forfeitures of permitted mining operations.  A Funded  Status of less than 100 percent would indicate that the Fund’s assets, combined with expected future  revenues and fund transfers, are not sufficient to cover the expected future expenditures for the  reclamation of forfeitures of the permitted mining operations.    Table C‐1  Special Reclamation Fund  Funded Status as of June 30, 2017 (in $ Millions)   20 Years  35 Years Present Value of Future Revenues  $195.2  $264.9 Assets as of June 30, 2017     56.2     56.2 Present Value of Fund Transfers     29.5     29.5 Assets + Present Value of Future Revenues and Transfers  280.9   350.6 Present Value of  Future Expenditures   253.3   332.0 Funded Status     110.9%       105.6% Year Fund Balance Becomes Negative  Fully Funded Through 35 Years        Pinnacle Actuarial Resources, Inc.  West Virginia Special Reclamation Fund       Page 10    Table C‐2  Special Reclamation Water Trust Fund  Funded Status as of June 30, 2017 (in $ Millions)   20 Years  35 Years Present Value of Future Revenues  $155.8  176.4 Assets as of June 30, 2013     93.1     93.1 Present Value of Fund Transfers    ‐29.5    ‐29.5 Assets + Present Value of Future Revenues and Transfers  219.4   240.0 Present Value of  Future Expenditures   168.4   207.4 Funded Status     130.3%       115.7% Year Fund Balance Becomes Negative  Fully Funded Through 35 Years   On a combined basis, the SRF and SRWTF are projected to carry a positive balance through year 2047  on an undiscounted basis, but throughout 2052 on a discounted basis.  See additional details in Exhibits  6.3 and 6.6.    In Exhibits 6 we provide projections of the estimated cash flows over the next 35 years.      The expenditures are comprised of:   Land capital expenditures   Water capital expenditures   Ongoing water treatment expenditures   Administration costs    The revenues are comprised of:   Coal tax receipts   Bond forfeitures, civil penalties, and court settlements   Investment income    We also bring the Fund transfers into Exhibit 6.    The investment income is determined by applying recent West Virginia rates of return (extended into  the future based on varied US Treasury interest rates) against the prior year‐end closing fund balance  plus one‐half the year’s income less one‐half of the year’s expenditure.  For projected years where the  total undiscounted fund balance is negative, total investment income is set to zero.       Pinnacle Actuarial Resources, Inc.  West Virginia Special Reclamation Fund       Page 11  Exhibits 6 shows the projected cash flows for the next 35 years assuming continuation of current law,  whereby the coal tax continues to be collected at a rate of 27.9 cents per ton with 15.0 cents per ton  allocated to the Special Reclamation Water Trust Fund.    Exhibit 6.1 shows that under the current law, the SRF balance is projected to become negative in 2021  on an undiscounted basis, even though water treatment costs shift to the SRWTF in 2019.  However, as  shown in the exhibit, an infusion of funds from the SRWTF to the SRF would prevent that from  happening.  Exhibit 6.4 restates Exhibit 6.1 on a present value (discounted) basis, including the  transferred fund amounts.    Exhibit 6.2 shows the accumulation of assets in the Water Trust Fund.  The SRWTF will begin making  payments for water capital and ongoing water treatment in Fiscal Year 2019.  On an undiscounted  basis (non‐present value basis) the Fund is projected to have sufficient capital to operate until some  point in 2041 before experiencing a deficit.  This is after consideration the fund transfers to the SRF  2021 and 2022.  We expect that the Water Trust Fund will have accumulated $110.7 million at the end  of fiscal year 2018.  When payment and revenue streams are viewed on a present value basis the  SRWTF is fully funded over the next 35 years.  This is displayed in Exhibit 6.5.    Exhibit 6.3 projects that on a combined basis the Funds will remain solvent through 2047 on an  undiscounted basis.  When present valued in Exhibit 6.6, the combined Funds projected balance  remains positive throughout the 35 year projection period.    Table D below shows the expected capital costs for reclamation based upon previously forfeited  permits in 2017 dollars.  With the current bond limit of $5,000 per acre, the expected receipts from  permits issued in the future will not be sufficient to cover the expected reclamation costs for  Underground Permits or Other Permits.      Based on Forfeited Permits  Land Capital  Water Capital  Water Treatment   Total Capital  Table D Cost Per Acre by Permit Type   (in 2017 Dollars)  Surface Underground $3,200 $13,800   4,500  14,400      140        260   7,840  28,460    Pinnacle Actuarial Resources, Inc.  Other Types $9,100   5,200      200 14,500 West Virginia Special Reclamation Fund       Page 12  ACTUARIAL CERTIFICATION    The State of West Virginia’s Department of Environmental Protection retained Pinnacle Actuarial  Resources, Inc. to perform an actuarial valuation of the Special Reclamation Fund for the purposes of  reporting the progress of the Fund.      John E. Wade, ACAS, MAAA, Consulting Actuary is a member of the American Academy of Actuaries  and meets its Qualification Standards of Actuaries Issuing Statement of Actuarial Opinion in the United  States to render the actuarial opinion contained here.    This valuation has been conducted in accordance with generally accepted actuarial principles and  practices.  The actuarial assumptions and methods employed in the measurement of the liability have  been selected by Pinnacle Actuarial Resources, Inc. after consultation with the staff of the Department  of Environmental Protection and the Special Reclamation Fund Board.    The results shown in this report are reasonable actuarial results.  However, a different set of results  could also be considered reasonable actuarial results.  The reason for this is that actuarial standards of  practice describe a “central estimate” for each assumption, rather than a single best‐estimate value.   Thus, reasonable results differing from those presented in this report could have been developed by  selecting different points within the best‐estimate ranges for various assumptions.      John E. Wade, ACAS, MAAA   Consulting Actuary  Pinnacle Actuarial Resources, Inc             Pinnacle Actuarial Resources, Inc.  West Virginia Special Reclamation Fund       Page 13  SECTION 1 – ACTUARIAL VALUATION      BACKGROUND    This is the fourth actuarial valuation performed by Pinnacle Actuarial Resources, Inc. of the Special  Reclamation Fund and the Special Reclamation Water Trust Fund.  As in the prior valuations, forfeiture  and release rates and reclamation costs have been selected on per permit or per acre bases separately  for Underground, Surface, and Other permits.  We have revised selections of expected future release  rates based upon the available data.  We have also reviewed the forfeiture data and developed  expected forfeiture rates, based upon the calendar year rather than the year of permit issuance.  This  selection process is described more fully later in this document.      This valuation builds on the prior analyses valuations and develops separate updated reclamation costs  for the different types of permits using the most up‐to‐date costs as reported in the Department of  Environmental Protection database.      We have prepared a measurement of current liabilities and assets in accordance with the guidance set  out in Governmental Accounting Standard Number 10, an excerpt of which is:    State and local governmental entities other than public entity risk pools are required to report an  estimated loss from a claim as an expenditure/expense and as a liability if both of these conditions are  met:  a. Information available before the financial statements are issued indicates that it is probable  that an asset had been impaired or a liability had been incurred at the date of the financial  statements.  It is implicit in this condition that it must be probable that one or more future  events will also occur, confirming the fact of the loss.  b. The amount of the loss can be reasonably estimated.    This valuation is a “closed” valuation in that it only considers liabilities associated with permits that  have already been issued.  With regard to the basis for the Funds’ liabilities, we believe the accounting  rules are framed to require each Fund to account for both known forfeitures and anticipated  forfeitures from existing permits.  Accordingly, we have included in this report reclamation liabilities  based on the date of forfeiture as well as based on the date of permit, to provide the SRF Advisory  Council with a complete picture of the Funds’ obligations.       Pinnacle Actuarial Resources, Inc.  West Virginia Special Reclamation Fund       Page 14  DISTRIBUTION AND USE    The purpose of this report is to provide information to the Department of Environmental Protection to  address the long‐term funding requirements for both the Special Reclamation Fund and the Special  Reclamation Water Trust Fund.  It may be given to the SRF Advisory Council as well as the State of  West Virginia’s Governor, Legislature, and external auditor.  However, we ask that this report be  reproduced only in its entirety so that the reader has the full benefit of the information provided.   Other distribution or use of this report or the estimates contained in it before it is made available to  the public requires our prior, written permission.  Third parties reading this report should recognize  that the furnishing of this report is not a substitute for their own due diligence and should place no  reliance on this report or the data contained herein that would result in the creation of any duty or  liability by Pinnacle to the third party.        LIMITATIONS AND RELIANCES    We relied without audit or verification on issued permits, forfeited permits, investment return, coal  production and other information supplied for this analysis by Michael Sheehan, Lewis Halstead,  Dianna Wright, Michael Fairchild, and Patricia Hickman, all employees of the West Virginia Department  of Environmental Protection.  We reviewed the data for overall reasonableness and consistency.  We  worked with the above named individuals to gain a better understanding of the data to make  adjustments if needed.  If issues are discovered with the data as provided, we would ask to be  informed as our estimates heavily rely upon the data.  It should also be noted that there is a high  degree of uncertainty in projecting future conditions that impact our conclusions.  Additional reliances  and limitations are contained throughout this report and the accompanying exhibits which are an  integral part of this report.    Interest rates were set at levels comparable to recent investment performance of the Funds. Estimates  discounted for time value of money can be more uncertain than those on an undiscounted basis. In  addition to the usual uncertainty in projecting ultimate loss, discounted estimates are also influenced  by variations in the timing of actual loss payments versus the rate of payment assumed in discounting  estimates to present value and variation in the actual investment yield on the assets underlying the  liabilities versus the assumed interest rate used in discounting.           Pinnacle Actuarial Resources, Inc.  West Virginia Special Reclamation Fund       Page 15  RISKS POSING MATERIAL EFFECTS    There are two major components to both the SRF and the SRWTF:  generated revenues and actual  outlays.  In the past several years both sides of the equation have been significantly impacted by  external changes.  Recent change in water treatment standards has added tremendous costs to the  Funds.  Recent legislated changes to the tax rates will bring considerable revenues into the Funds.   Both of these changes are the result of external factors and it can be assumed that future changes of  similar magnitude, in the same or opposite directions, can occur again.    Other specific and significant risks faced by the SRF and SRWTF include the concentration of large  amounts of liabilities within single operators.  The overall economic condition of the industry also could  play a large role since economic downturns could cause major disruptions by leading to the  bankruptcies of multiple operators at the same time.      ACTUARIAL MODEL    The actuarial model combines the Department of Environmental Protection Special Reclamation Unit’s  estimated reclamation expenditures of the permits that have already been forfeited with the  projection of estimated expenditures associated with the estimated numbers and types of future  forfeited permits.  The actuarial model uses separate release and forfeiture rates to project the  expected number of existing permits/acres to be released and the number of permits/acres that are  expected to be forfeited in the future.  The model assumes that the SRF does not incur any additional  costs when a permit is released.  The model projects three types of expenditures associated with a  forfeited permit.  A forfeited permit is expected to produce associated revenues to the SRF in the form  of the amount of the bond associated with the permit and/or any associated civil penalties or court  settlements.      The three types of reclamation expenditures associated with a forfeited permit are:   Land capital expenditures   Water capital expenditures   Ongoing water treatment costs    Some forfeited sites will require only land capital expenditures, while others may require both land and  water capital expenditures.  The current model assumes that where water capital expenditures are  incurred there also will be ongoing water treatment costs.  The future reclamation capital costs are  developed based on a projection of the forfeited acreage, the current status of each permit and the  average reclamation cost amounts per permitted acre.  With this treatment of costs as an overall   Pinnacle Actuarial Resources, Inc.  West Virginia Special Reclamation Fund       Page 16  average across permits, the water capital expenditures are projected for all forfeited permits, even  though some sites may not require water treatment activities.      Future annual water treatment expenditures have been developed differently from our prior analyses,  beginning with our 2013 analysis.  After the settlement agreement regarding compliance with the  NPDES water quality standards, for the 2011 analysis we were provided with estimated annual water  treatment costs for the forfeited permits currently in the process of treating water and those permits  where the water treatment facilities were yet to be completed.  These costs were from a study  completed by Dr. Paul Ziemkiewicz and his colleagues at West Virginia University along with the  members of the team in the Office of Special Reclamation.  For the 2013 and 2017 analyses we utilized  projected costs listed in the DEP’s Job Scheduling Report.  The Job Scheduling Report’s annual  operating dollars is based on the Special Reclamation database.      As the treatment continues through time, it is expected that the nominal cost of treatment will decline  by 2.0 percent per year before the application of normal cost inflation which is assumed to be 2.5  percent per year.  This is based on previous discussions with the DEP.  Dr. Ziemkiewicz is possibly going  to refine that estimate and we have built in a year‐by‐year attenuation rate into our calculations to be  activated if and when that happens.  As of this report date, we are continuing to assume the 2 percent  annual reduction, with a ten year delay before the attenuation occurs.  Thus, the net annual change in  water treatment costs is expected to be 2.5 percent before attenuation occurs and 0.5 percent after  attenuation begins to occur.  As in our prior analysis, we have assumed the Water Treatment costs would continue to be required  beyond the 35 year time horizon of our estimates (based upon the recommendation of Michael  Sheehan and his staff in the Office of Special Reclamation).  This assumption leaves the Water  Abandonment costs outside of the study horizon and becomes an un‐reflected cost within our  estimates.  Thus, all water abandonment costs related to forfeited permits requiring water treatment  would be in addition to any numbers quoted in this report.    Our analysis includes a projection of the administration costs expected to be incurred in the oversight  of the reclamation activities.  Our projections start with historical data provided by the Fund.  We have  assumed that the administration costs are independent of the reclamation expenditures and will  increase into the future in line with price inflation.  We have not made an explicit adjustment to  administrative costs for the fact that as time passes, forfeited sites being handled will include permits  not yet issued as of July 2017.    The actuarial model was applied to a database of all existing issued permits that have not yet been  released or forfeited.  The data on each permit included:   Pinnacle Actuarial Resources, Inc.  West Virginia Special Reclamation Fund            Page 17  Date of permit issue  Status of permit (Active, Inactive or Phased Release)  Type of permit (Underground, Surface, or Other)  Number of permitted acres  Total current bond amount    The model projects the number of permits/acres expected to be released or forfeited each year over  the next 35 years.    The projection of permit forfeiture is also used to determine the expected revenues from bond  forfeiture and/or civil penalties and court settlements.    The actuarial model produced as output expected cash disbursements over the next 35 years.  These  disbursements were incorporated into a cash flow model that included projected tax receipts from coal  production.  The resulting fund balance, after consideration of administration costs, was assumed to  earn investment rates commensurate with current rates in the State’s investment pools (SRF) and  higher yields in other instruments (SRWTF).  The current short term to long term Treasury rates are  used as a guide to project the expected investment rates into the future for the SRF.      Investable amounts are divided into two categories within each fund, short term (liquid) and longer  term vehicles.  For the SRF, the short term rate is the West Virginia Money Market pool, earning less  than 1% in 2017, and averaging around 0.25% over the last seven years.  The SRF long term rate is the  West Virginia Short Term Bond pool, earning about 1.3% at the end of the 2017 fiscal year.  For the  SRWTF, the short term rate is the West Virginia Money Market pool.  The SRWTF long term rate is  based on current SRWTF investments, as managed by the West Virginia Investment Management  Board, currently earning close to 11% at the end of the 2017 fiscal year.  The amount of money  invested into each vehicle is limited to each fund’s balance, with the short term investments being  allocated two years of future expenditures in order to maintain a reasonable level of liquidity within  the funds.  Our model uses blended investment rates projected into the future from the above sources.      THE KEY MODEL COMPONENTS  The actuarial model used the following components, each of which was developed from an analysis of  experience data.   Rates of release of permits by type of permit   Rates of forfeiture of permits by type of permit   Disturbed acres as a percent of permitted acres   Expected land capital costs per disturbed acre   Pinnacle Actuarial Resources, Inc.  West Virginia Special Reclamation Fund          Page 18  Expected water capital costs per disturbed acre  Expected ongoing water treatment costs per disturbed acre  Administration costs      Expected Release and Forfeiture Rates     With this analysis, we have reviewed the historical release and forfeiture data of the West Virginia  Program.  With minor exception, we have reduced the expected release rates for the surface mine,  underground mine and other facilities permits as compared to our prior analysis.  Our selections relied  primarily on our prior selections, modified for recent release activity over the past 10 calendar years.   As such, much of the activity related to the older permits in the early years of operation is not  considered.  We did not observe an obvious difference in the release rate activity based upon year in  which the permit was issued.  The selected release rates are provided in Exhibits 23.1, 24.1, 24.2 and  24.3.    The projected forfeiture rates have been selected on a calendar year as well.  With the sporadic nature  of forfeitures and the high likelihood that there is correlation between permit forfeiture of multiple  permits of one operator, we feel that this calendar year method of estimation is more appropriate for  the West Virginia dynamics associated with this analysis.  We reviewed the historical and recent  forfeiture rates as a percent of open permits and selected a rate for each of surface mines,  underground mines and other facility permits. With minor exception, we have reduced the expected  forfeiture rates for the surface mine, underground mine and other facilities permits as compared to  our prior analysis.  Our selections relied primarily on our prior selections, modified for recent release  activity over the past 10 calendar years.  The selected rates are shown in Exhibits 23.1, 24.1, 24.2 and  24.3.  Note that we continue to expect that there will be no forfeitures during the first three years  following this issuance of any permit in West Virginia.    Since inception of the Surface Mining Control and Reclamation Act of 1977 (SMCRA), nearly 6,700 coal‐ related permits have been issued in West Virginia, 1,792 of which were still in‐force as of June 30,  2017.  A summary of the in‐force and forfeited permit information is found in Section 3.    Each permit in the open permit database had an associated status.  We grouped the statuses into three  main categories:     active,    inactive, and    phased release.       Pinnacle Actuarial Resources, Inc.  West Virginia Special Reclamation Fund       Page 19  We performed the analysis of costs based on disturbed acres of the previously forfeited permits.  As  not all of the permitted acres are disturbed in the current coal production process, adjustment factors  have been developed based on the percent of permitted acres that are disturbed.  The ratios of  disturbed acres to permitted acres are displayed in Exhibits 17.1 through 17.4.      Permits that have already entered a phased release status were deemed to be much less likely to be  forfeited than those in active or inactive status.  However, as a single mine operator may hold permits  in all three statuses, even some permits in phased release status may be forfeited due to enterprise  risk rather than reclamation cost risk.  We therefore applied a factor to each permit based on these  categories that reflected variations in the magnitude of potential forfeiture and liability to the Fund.   The factors used are shown in Exhibit 22.1.      Development of Cost per Acre    We performed an analysis of the land capital expenditures for the 1,160 permits that have been  forfeited in West Virginia as of June 30, 2017.      Exhibit 14.1 provides the development of Land Capital Expenditures per Acre and by Permit Type.  Exhibit 14.2 provides the development of Water Capital Expenditures per Acre and by Permit Type.  Exhibit 14.3 provides the development of Water Treatment Expenditures per Acre and by Permit Type.    Based upon the percentage of previously forfeited permits with significant water treatment issues, we  have adjusted the projected future costs per permitted acre to reflect the fact that not all future  forfeitures are anticipated to have significant water treatment issues.  We have assumed that permits  classified as “Closed Not Water But With Water Costs” do not have significant water treatment issues  but rather the costs incurred were to test for compliance prior to closure.    The valuation does not include the anticipated costs for water capital equipment removal after testing  indicates that water treatment is no longer needed.  We are assuming that all water treatment will  continue over the next 35 years and thus, have not included any water abandonment costs within our  projections.         Pinnacle Actuarial Resources, Inc.  West Virginia Special Reclamation Fund       Page 20  Exhibit 13.1 provides a summary of the expected reclamation costs per Forfeited Acre by Permit Type.     Reclamation Costs Summary  (In 2017 Dollars)  Based upon Forfeited Permits  Land Capital Cost Per Permitted Acre Water Capital Cost Per Permitted Acre Water Treatment Cost Per Permitted Acre Total Capital Cost Per Permitted Acre Surface $3,200  4,500     140  7,840 Underground  $13,800    14,400          260    28,460   Other $9,100   5,200      200 14,500   We have made a similar adjustment to the water treatment cost estimate as with the water capital  estimate to reflect the assumption that not all future forfeited acres/permits will have water treatment  issues.  The ratio used in our analysis is based upon the historical ratio of forfeited permits with water  treatment issues to the total number of forfeited permits.  The development of these ratios is  displayed in Exhibits 17.2 and 17.3.      Administration Costs    The Administration Costs are displayed and discussed further in the following section, Actuarial  Valuation.       One Method for Estimating Liabilities    Generally it is preferable to use multiple methods to estimate outstanding and future liabilities.  There  are no standard actuarial techniques in making these estimates for mine reclamation exposures.  The  developed methodology used in this analysis is similar to those used in mine reclamation programs in  neighboring states.      ACTUARIAL VALUATION    The actuarial model builds on the current cash projections developed by the Department of  Environmental Protection for the expected reclamation costs on sites where permits have already been  forfeited.  The figures for permits forfeited prior to July 1, 2017 were provided by the Department of  Environmental Protection in their Job Scheduling Report as of June 30, 2017.  The following exhibits  show the expected expenditures for the next 35 years in the following categories:   Pinnacle Actuarial Resources, Inc.  West Virginia Special Reclamation Fund            Page 21  Exhibit 12.1 – SRF, Land Capital Expenditures   Exhibit 12.2 – SRF, Water Capital Expenditures  Exhibit 12.3 – SRF, Water Treatment Expenditures  Exhibit 12.4 – SRWTF, Water Capital Expenditures  Exhibit 12.5 – SRWTF, Water Treatment Expenditures    Each exhibit provides the estimated expenditures in the following categories:   Permits forfeited prior to July 1, 2017 (from the Job Scheduling Report)   Permits forfeited after July 1, 2017   Total of the above    At this point is appropriate to point out that there are current Land Capital and Water Capital liabilities  obligated to the SRF, the costs of which have not yet been paid.  These amounts show up in the Prior  Row, Column (1) of Exhibits 12.1 and 12.2 respectively.  Because of the size of these liabilities (more  than $22 million Land and $47 million Water) and the practicality of being able to complete the work in  a short time period, we have spread these costs out evenly over the first five years of our projection  period.    In a similar manner there are scheduled capital cost in 2018 and later for Land and in 2018 for Water.   These scheduled costs are spread out over a five year time horizon as well in recognition of the  practicality of completing the required work in a short time frame.  There is also scheduled Water  Treatment costs in 2018 for the SRF, the last year the SRF will cover such costs.  In this case we posted  100 percent of the nearly $5 million cost into that one year, 2018.    There are also scheduled Water Capital costs in the SRWTF in 2019 and 2020.  Each of these costs are  spread over five years in Exhibit 12.4.  There are no scheduled Water Treatment costs in the SRWTF  until 2019, as shown in Exhibit 12.5.      Administration Costs    Generally, the administration costs are independent of the cost of the reclamation activities.  The  current DEP staffing levels may be adjusted over time as the inventory of older permit forfeitures is  processed.  We have assumed the current staffing levels will remain unchanged.  Future administration  costs were estimated by increasing the current administration costs by 3 percent per year.  This rate of  increase was provided by the DEP and is consistent with Department of Labor statistics.  These  expected costs by year are displayed in Exhibit 16.1.             Pinnacle Actuarial Resources, Inc.  West Virginia Special Reclamation Fund       Page 22  Coal Tax Revenues    Exhibits 8.1 and 8.2 show the projected coal production and the projected Coal Tax revenue by year  and fund.  Coal production figures were derived from the “Consensus Coal Production Forecast for  West Virginia 2017” as prepared by Christine Risch, Center for Business and Economic Research,  Marshall University, and Alicia K. Copley and Dr. Jacqueline Agesa, Consultants, and supplemental  information from the SRF.    For the revenue projections included in our analysis, we have limited the expected coal tax revenues to  the portion of the total expected coal tax revenues that are attributable to the permits issued prior to  June 30, 2017.  The expected coal tax to be paid from the permits issued prior to June 30, 2017 have  been developed using the ratio of expected remaining surface and underground mining acres under  permit to the total acres as of June 30, 2017.  This ratio is provided in columns (7) and (8) of these  Exhibits.      Bond Forfeiture, Civil Penalties, and Court Settlements    Based on the permit and acreage forfeiture projections along with the current bond values on the open  permits issued in each year, we had developed an estimation of the expected bond forfeiture  collections in each of the next 35 fiscal years.  As might be expected, the amounts decline over time as  the permits in‐force today decline through attrition, and the expected number of permit forfeitures  declines as well.    We have also included an explicit estimate of Civil Penalties and Other Revenues in this year’s analysis.   Our starting point of $750,000 for civil penalties is based on current amounts collected ($2.2 million  over the past three years).  Our starting point of $1,000,000 for Other, Miscellaneous amounts is based  on current amounts collected ($3.2 million over the past three years), tempered to reflect the  fortuitous and sporadic nature of the collection of these funds.    Exhibits 9.1 and 9.2 provides the estimated bond collections from future forfeitures, civil penalties, and  other revenue, along with the projected fund transfers required to keep the SRF at a positive fund  balance throughout the projection period.           Pinnacle Actuarial Resources, Inc.  West Virginia Special Reclamation Fund       Page 23  Investment Income    The investment income has been estimated by applying the investment rates to the fund balance at  the beginning of the year plus one‐half the current year income less one‐half the current year  expenditures.  As the SRF is prohibited from borrowing, when the projected fund balance is zero, there  will be no investment income in the following year.    With this analysis we have bifurcated the rates of return by the Funds, that is, we have used different  rates for the SRF vs. the SRWTF.  Investable amounts are divided into two categories within each fund,  short term (liquid) and longer term vehicles.      The amount of money invested into each vehicle is limited to each fund’s balance, with the short term  investments being allocated to two years of future expenditures to maintain a reasonable level of  liquidity within the funds.      The rates of return on US Treasuries were used to facilitate a gradual increase in expected short term  rates of return to more historical levels.      Exhibits 10.1 and 10.2 provide the projected future investment rates, discount rates, and projected  amounts of return for each fund.  The discount rates are based on the average expected investment  rates of return to be available to each fund over the next 35 years.      Permit and Acreage Projections    As part of the analysis, we have developed projections of the permits and acreage into the future.   While the most important pieces of information are the number of forfeited permits and number of  forfeited acres, the number of (open) permits that remain to be closed via release or forfeiture is also  interesting and useful. We have made separate projections of the active and inactive permits as well as  permits in phased release status.       Exhibits 27.1 through 28.4 ‐ Land   Exhibits 29.1 through 30.4 – Water Capital     Exhibits 31.1 through 32.4 – Water Treatment    We have also provided these exhibits separated by the type of permit.  Please note that these  projections are only for the permits that had been issued on or before June 30, 2017.       Pinnacle Actuarial Resources, Inc.  West Virginia Special Reclamation Fund       Page 24  SECTION 2 – PROJECTION OF REQUIRED INCOME      In our prior analysis we developed indicated coal tax rates to generate income sufficient for the Funds  to cover the projected forfeiture reclamation of in‐force permits through the next 35 years.  With this  analysis such a projection is not critical given the status of the Fund on a combined (SRF plus SRWTF)  basis.  We have, however, looked at what type of shifting of assets between the two Funds would be  required to maintain a positive balance within the SRF throughout the projection period.  This shifting  of funds ($38 million) has been shown in the accompanying exhibits of this report.      It is noted that the projection for SRF leads to numbers that would call for an increase in the SRF tax  rate if monies from the SRWTF would not be available to cover shortages in the SRF for the next 35  years.  (The SRF balance is projected to go negative in 2021.)  This facet of West Virginia’s reclamation  program should be monitored closely in years to come in the event that additional coal tax rate  increases will be taken to achieve 100% funding for each individual fund in the next 35 years.  While  not shown in the accompanying exhibits, it is noted that the SRF tax rate is projected to have to  increase from 12.9 cents a ton to 20.6 cents a ton for the next five years to keep the SRF at a positive  balance throughout the projection period if the $38 million dollar shift noted above were not to occur.         Pinnacle Actuarial Resources, Inc.  West Virginia Special Reclamation Fund       Page 25  SECTION 3 – DATA UNDERLYING ANALYSIS      Data provided for this study are enumerated and discussed below.  We did not audit or verify the data,  although we did put them through some reasonability tests and found no obvious problems.  In  addition, we also used information provided for the prior evaluations of the Special Reclamation Fund  and the Special Reclamation Water Trust Fund.    Data Provided By West Virginia for This Study    We were provided with a complete copy of the OSR (Office of Special Reclamation) database  containing the forfeited permits as of June 30, 2017 in an Excel spreadsheet. The OSR also provided a  detailed list of field definitions applicable to their database.  We also obtained a separate database  from the Division of Mining and Reclamation that provided detailed information regarding permits  issued for coal mining operations.  Following is a summary of the changes in the number of permits  contained in the various databases and categories using information contained in the prior report and  the current files.    Summary of Forfeited Permits in West Virginia   Total  Active Reclamation Completed Reclamation As of 6/30/2013  1,934   99 1,835  As of 6/30/2017*  1,160  230    930  Change     (774)  131      (905)    * The analysis as of 6/30/2017 only includes forfeited permits with a program status of PP (permanent  program).  The 6/30/2013 analysis included permits not coded PP.    Summary of Issued Permits in West Virginia (1977 and subsequent)    Total  In Force Released or Forfeited As of 6/30/2013  6,065   1,817 4,248   As of 6/30/2017  6,198   1,763 4,435   Change     133       (54)    187    The issued permits data for the analysis as of 6/30/2013 only included the permits that have issue  years of 1977 and subsequent.  Thus, for the current analysis as of 6/30/2017, in order to populate the  above table, Pinnacle removed the permits issued prior to 1977.  This removal of permits issued prior  to 1977 only occurs in the above table.   Pinnacle Actuarial Resources, Inc.  West Virginia Special Reclamation Fund       Page 26  We have utilized the “Consensus Coal Production Forecast for West Virginia 2017” prepared by  Christine Risch from the Center for Business and Economic Research at Marshall University, and , Alicia  K. Copley and Dr. Jacqueline Agesa, consultants.  The most recent report was issued in September  2017.    The forfeiture and release rates were reviewed using the available historical data updated through  June of 2017. Based upon that data, we have revised the expected release rates for the surface mine,  underground mine and other facilities permits.  Our selections relied primarily on the release activity  over the past 10 calendar years.  As such, much of the activity related to the older permits in the early  years of operation is not considered.  We did not observe an obvious difference in the release rate  activity based upon year in which the permit was issued.  The selected release rates are provided in  Exhibit 23.1.      Using the historical data, the projected forfeiture rates have been selected on a calendar year basis  rather than based upon the year of permit issuance.  With the sporadic nature of forfeitures and the  high likelihood that there is correlation between permit forfeiture of multiple permits of one operator,  we feel that this method of estimation is more appropriate for the West Virginia dynamics associated  with this analysis.  We reviewed the historical and recent forfeiture rates as a percent of open permits  and selected a rate for each of surface mines, underground mines and other facility permits. The  selected rates are shown in Exhibit 23.1.  Note that we continue to expect that there will be no  forfeitures during the first three years following this issuance of any permit in West Virginia.    We were provided with a copy of the Job Scheduling Report (JSR) as of June 30, 2017.  This report  contains the Department of Environmental Protection estimates of work scheduled to be performed  on sites for permits forfeited prior to June 30, 2017.  The JSR contains the expected amount of  payment for work in the next several quarters.  This information was used for projecting costs for land  capital and water capital costs for permits forfeited prior to June 30, 2017.  In addition, data in the JSR  providing estimates of future Bond Forfeitures, Civil Penalties & Court Settlements was used in the  valuation.      Using the OSR Data – Forfeited Permits    Taking the database of forfeited permits as provided by the Department of Environmental Protection,  we split the forfeited permit data into three components:  Other, Surface, and Underground.  Within  these categories, we had four types of forfeited permits:  open water, closed water, closed not water  but with water costs, and land only.  We further split each of these twelve categories into open land  and closed land.     Pinnacle Actuarial Resources, Inc.  West Virginia Special Reclamation Fund       Page 27    This resulted in the following eight categories for each of Other, Surface, and Underground:   Open water – open land;   Open water – closed land;   Closed water – open land;   Closed water – closed land;   Closed not water but with water costs – open land;   Closed not water but with water costs – closed land;   Land only – open water; and   Land only – closed water.    The water claims were determined by the use of the acid mine drainage code. Next, we split out the  open and closed water claims.  Open water forfeited permits are those that have not yet had the  capital water projects completed.  They are labeled TBC (to be contracted), UC (under contract), ACT  (active chemical treatment), P (passive treatment), RO (reopened for new liability), or RT (retrofit for  NPDES standards) in the water status column.  As we worked our way through the remaining sorts, we  discovered that there are some open water claims with no code in water status column because they  are only being monitored at this time.    The closed water forfeited permits are those that have had the capital water projects completed but  are undergoing monitoring and/or treatment.  They are labeled C (completed) or NA (not applicable).    The closed not water but with water cost forfeited permits are those that have some capital or ongoing  water costs associated with them but are not considered water forfeited permits.  This can arise from  several situations.   A closed water forfeited permit that has four consecutive quarters of untreated water  monitoring that shows no problems will be reclassified as closed (C);   An open water forfeited permit that has four consecutive quarters of untreated water  monitoring that shows no problems will be reclassified as not applicable (NA); and   Land capital costs are at times labeled as water capital costs if they involve a water source  even if the water is not being treated.    In all three situations, we treated the water capital and ongoing costs as land capital costs.  This is  consistent with the treatment in the prior actuarial study.    The land only forfeited permits are those that have no capital water costs or ongoing water costs.     Pinnacle Actuarial Resources, Inc.  West Virginia Special Reclamation Fund       Page 28  We then went through these four categories and split them into open land and closed land based on  the land status column.  The open land claims were assigned to one of the following status:   TBC (to be contracted),    TPL (tree planting),    SSR (sediment structure removal),    RO (reopened), or   UC (under contract).      The closed land claims were assigned to the following status codes:   UCW (under contract warranty),    RPM (re‐permitted),    OTR (others to reclaim)   NR (OSR not responsible), or    C (closed).      The first four closed land categories were deemed closed for the purpose of this study because any  additional funds spent on the sites’ reclamation would not come from the Special Reclamation Fund.  The final model parameters based on the OSR and other data are shown in Section 4.      Forfeited Permits by Type of Mining Operation – Total Forfeited and Forfeited Pending Reclamation  Completion    Of the 1,160 forfeited permits at June 30, 2017, 230 permits were either in active reclamation or  awaiting reclamation activity.    In Exhibits 17.1 through 17.4, we display the total number of forfeited permits and the number of open  forfeited permits, the total number of forfeited permitted acres and the number of open forfeited  permitted acres that formed the basis for the measurement    Exhibit 17.1 ‐ Forfeitures ‐ All Permit Types   Exhibit 17.2 ‐ Forfeitures – Surface Permits    Exhibit 17.3 ‐ Forfeitures – Underground Permits   Exhibit 17.4 ‐ Forfeitures ‐ All Other Permit Types       Pinnacle Actuarial Resources, Inc.  West Virginia Special Reclamation Fund       Page 29  In‐Force Permits    In a separate database, we have been provided information regarding permits issued before June 30,  2017 that are still in‐force.  The in‐force designation means that the site is either   a. currently being mined,   b. inactive and not yet reclaimed, or   c. in the process of being reclaimed (phased release)     Exhibits 20.1 through 21.4 summarize the in‐force permits and acreage as of June 30, 2017 by year of  issuance and type of permit:   Exhibits 20.1 and 21.1 ‐ the total number of permits and acres in force   o Surface Mine,   o Underground Mine,   o Other Permit.     Exhibits 20.2 and 21.2 ‐ Surface permits and acres in‐force and issued by year.   Exhibits 20.3 and 21.3 ‐ Underground permits and acres in‐force and issued by year.   Exhibits 20.4 and 21.4 ‐ Other permits and acres in‐force and issued by year.         Pinnacle Actuarial Resources, Inc.  West Virginia Special Reclamation Fund       Page 30  SECTION 4 – ACTUARIAL ASSUMPTIONS      This section summarizes the actuarial assumptions used in the measurement.      Since the model is one based upon a projection of the number of permits that will be forfeited and  become the obligation of the Funds, the rates of permit forfeiture and release are the first key model  assumptions.  The selected rates of forfeiture and release are applied to the current in‐force permit  counts by year of issuance and years since issuance, and by type of permit.  The selected release and  forfeiture rates by type of permit are displayed on Exhibit 23.1.  Also, the number of forfeited acres is  determined in this part of the process.    Once the number of projected forfeitures is determined, the cost of reclamation is estimated by  applying the estimated average land reclamation costs, water reclamation costs, and annual on‐going  water treatment costs per acre by type of mining operation (permit).  The average costs in 2017 dollars  as developed from the previously forfeited permit data are displayed in Exhibit 13.1, shown below.      Exhibit 13.1 Average Reclamation Expenditures     Land Water Capital Water Treatment $3,200.00  $4,500.00  $140.00  Surface  13,800.00  14,400.00  260.00  Underground  9,100.00  5,200.00  200.00  Other    In adjusting the previous costs to 2017 dollars, we have used a 2.5 percent inflation rate for  reclamation costs.  We used Exhibit 15.1 as a guide in selecting the historic inflation rate for both  Funds.     In development of the cash flow projections, the first item to determine is the timing of future  payments.  We have used the following assumptions as to the delay between permit forfeiture and the  expenditure of land capital and water capital funds for reclamation.  This expenditure delay is the same  as used in previous reviews.  We have not attempted to test these assumptions based upon the timing  of actual expenditures.         Pinnacle Actuarial Resources, Inc.  West Virginia Special Reclamation Fund       Page 31  Land Capital and Water Capital Expenditure Delay Forfeiture Fiscal Year  Expenditure Fiscal Year  2018  Half in FY 2021, half in FY 2022  2019  Half in FY 2022, half in FY 2023  2020  Half in FY 2023, half in FY 2024  2021  Half in FY 2024, half in FY 2025  2022  All in FY 2025   2023 and beyond  Completed in fiscal year 2 years after forfeiture    For the projection of annual on‐going water treatment expenditures, we have assumed that there is no  delay between the water capital expenditure and the commencement of the on‐going water  treatment.  Thus, the exhibit above applies to the origination of the water treatment.     The projection of administration costs assumes an annual increase of 3 percent.    In the cash flow projections, we have applied an inflation rate to historical actual reclamation costs to  develop these costs in terms of 2017 dollars. The inflation rate applied to these reclamation costs is 2.5  percent annually.  We used Exhibit 15.1 as a guide in making this selection.    The reflection of investment income on the Fund Balances and general net cash flow has been  developed based upon recent historical earnings of the SRF and SRWTF, and investment rates from US  Treasuries.  Longer term investment returns are typically about 3 to 5 percent. The current returns of  the Funds are about 1.0 percent for the SRF and 5.0 percent for the SRWTF (11.5% in 2017).      The investment rates provided in Exhibits 10.1 and 10.2 start at just over 1.0% for the SRF, and at 5.5%  for the SRWTF, and assume the current environment will gradually return to more long term rates in  the coming years.  Interim annual periods have been interpolated to further smooth the transition of  rates to the historical levels.  In addition, the SRWTF is assumed to be maintaining roughly two years of  future expenditures worth of their investable assets in the Money Market funds for liquidity purposes.   Implicit Discount Factors based upon the average Investment Rates of Return are also displayed in  Exhibits 10.1 and 10.2.       Pinnacle Actuarial Resources, Inc.  West Virginia Special Reclamation Fund       Page 32  We have continued to utilize the adjustment factors for Permit Status and Bond Value Size as shown in  Exhibits 22.1 and 22.2 below.      Exhibit 22.1 Adjustment Factors for Permit Status  Water Water  Permit Status  Land  Capital   Treatment  Active  1.00 1.00 1.00  Inactive  1.00 1.00 1.00  Phased Release  0.50 0.50 1.00    Exhibit 22.2 Adjustment Factors for Size of Permits  Bond Value Factor Less than $100,000 1.25 Between $100,000 and $500,000 1.00 Over $500,000 0.25   As previously mentioned, since not all permitted acres are disturbed during the mining operations, in  the case of forfeiture, only a portion of the permitted acres will require reclamation.  Exhibits 17.1  through 17.4 show the development of the percentages used in our analysis based upon historical  forfeiture information.    A variable first considered in the 2011 analysis is the structure of the permit ownership.  This potential  variable has come into focus based upon work of Christine Risch at Marshall University in the Center  for Business and Economic Research.  During the operation of the Fund, we have a record of only one  revoked permit from a publicly traded company.  This permit did not appear to have been handled by  the Office of Special Reclamation.    Based on information at hand, there is insufficient data to support varying adjustment factors at this  time.  However, we have built the following exhibit into our model for possible future reflection of the  impact of ownership structure on our projection of future permit forfeitures.       Pinnacle Actuarial Resources, Inc.  West Virginia Special Reclamation Fund       Page 33    Adjustment Factors for Ownership Structure Ownership Structure Factor Sole Proprietor 100% Partnership 100% Multi‐Corporation 100% Public Corporation 100% Private Corporation 100%   As can be seen, our current model sets all the adjustment factors to 100% (i.e., no impact in this year’s  analysis).      Finally, a new variable has been considered for the 2017 analysis.  There is the potential for Water  Treatment costs to decrease in the future in a manner different from the current assumption of 2%  annually after a ten year waiting period.  These water treatment attenuation factors will replace the  current projected 2 percent annual decrease in water treatment costs if suitable factors can be  developed.   Pinnacle Actuarial Resources, Inc.  West Virginia Department of Environmental Protection Office of Special Reclamation Table of Contents June 30, 2017 Exhibit Number Exhibit Name Fund Category Exhibit 1.1 Exhibit 1.2 Expenditures Expenditures Special Reclamation Fund Special Reclamation Water Trust Fund Limited to a 20-Year Cash Flow Limited to a 20-Year Cash Flow Exhibit 1.3 Expenditures Special Reclamation Fund and Special Reclamation Water Trust Fund Combined Limited to a 20-Year Cash Flow Exhibit 1.4 Expenditures Special Reclamation Fund Limited to a 20-Year Cash Flow --- Comparison to Prior Analysis Exhibit 1.5 Expenditures Special Reclamation Water Trust Fund Limited to a 20-Year Cash Flow --- Comparison to Prior Analysis Exhibit 1.6 Expenditures Special Reclamation Fund and Special Reclamation Water Trust Fund Combined Limited to a 20-Year Cash Flow --- Comparison to Prior Analysis Exhibit 2.1 Exhibit 2.2 Expenditures Expenditures Special Reclamation Fund Special Reclamation Water Trust Fund Limited to a 35-Year Cash Flow Limited to a 35-Year Cash Flow Exhibit 2.3 Expenditures Special Reclamation Fund and Special Reclamation Water Trust Fund Combined Limited to a 35-Year Cash Flow Exhibit 2.4 Expenditures Special Reclamation Fund Limited to a 35-Year Cash Flow --- Comparison to Prior Analysis Exhibit 2.5 Expenditures Special Reclamation Water Trust Fund Limited to a 35-Year Cash Flow --- Comparison to Prior Analysis Exhibit 2.6 Expenditures Special Reclamation Fund and Special Reclamation Water Trust Fund Combined Limited to a 35-Year Cash Flow --- Comparison to Prior Analysis Exhibit 3.1 Exhibit 3.2 Revenues Revenues Special Reclamation Fund Special Reclamation Water Trust Fund Limited to a 20-Year Cash Flow Limited to a 20-Year Cash Flow Exhibit 3.3 Revenues Special Reclamation Fund and Special Reclamation Water Trust Fund Combined Limited to a 20-Year Cash Flow Exhibit 3.4 Revenues Special Reclamation Fund Limited to a 20-Year Cash Flow --- Comparison to Prior Analysis Exhibit 3.5 Revenues Special Reclamation Water Trust Fund Limited to a 20-Year Cash Flow --- Comparison to Prior Analysis Exhibit 3.6 Revenues Special Reclamation Fund and Special Reclamation Water Trust Fund Combined Limited to a 20-Year Cash Flow --- Comparison to Prior Analysis Exhibit 4.1 Exhibit 4.2 Revenues Revenues Special Reclamation Fund Special Reclamation Water Trust Fund Limited to a 35-Year Cash Flow Limited to a 35-Year Cash Flow Exhibit 4.3 Revenues Special Reclamation Fund and Special Reclamation Water Trust Fund Combined Limited to a 35-Year Cash Flow Exhibit 4.4 Revenues Special Reclamation Fund Limited to a 35-Year Cash Flow --- Comparison to Prior Analysis Exhibit 4.5 Revenues Special Reclamation Water Trust Fund Limited to a 35-Year Cash Flow --- Comparison to Prior Analysis Exhibit 4.6 Revenues Special Reclamation Fund and Special Reclamation Water Trust Fund Combined Limited to a 35-Year Cash Flow --- Comparison to Prior Analysis Pinnacle Actuarial Resources, Inc. Page 1 West Virginia Department of Environmental Protection Office of Special Reclamation Table of Contents June 30, 2017 Exhibit Number Exhibit Name Fund Category Exhibit 5.1 Exhibit 5.2 Funded Status Funded Status Special Reclamation Fund Special Reclamation Water Trust Fund Exhibit 5.3 Exhibit 5.4 Exhibit 5.5 Funded Status Funded Status Funded Status Special Reclamation Fund and Special Reclamation Water Trust Fund Combined Special Reclamation Fund Special Reclamation Water Trust Fund Comparison to Prior Analysis Comparison to Prior Analysis Exhibit 5.6 Funded Status Special Reclamation Fund and Special Reclamation Water Trust Fund Combined Comparison to Prior Analysis Exhibit 6.1 Exhibit 6.2 Cash Flow Cash Flow Special Reclamation Fund Special Reclamation Water Trust Fund Undiscounted Undiscounted Exhibit 6.3 Exhibit 6.4 Exhibit 6.5 Cash Flow Cash Flow Cash Flow Special Reclamation Fund and Special Reclamation Water Trust Fund Combined Special Reclamation Fund Special Reclamation Water Trust Fund Undiscounted Discounted Discounted Exhibit 6.6 Cash Flow Special Reclamation Fund and Special Reclamation Water Trust Fund Combined Discounted Exhibit 7.1 Exhibit 7.2 Revenues Revenues Special Reclamation Fund Special Reclamation Water Trust Fund Exhibit 8.1 Exhibit 8.2 Coal Tax Revenues Coal Tax Revenues Special Reclamation Fund Special Reclamation Water Trust Fund Exhibit 9.1 Bond Forfeiture Revenues 0 Miscellaneous Revenues Special Reclamation Fund Special Reclamation Fund Exhibit 10.1 Exhibit 10.2 Projected Investment Rates Projected Investment Rates Special Reclamation Fund Special Reclamation Water Trust Fund Exhibit 11.1 Exhibit 11.2 Expenditures Expenditures Special Reclamation Fund Special Reclamation Water Trust Fund Exhibit 12.1 Exhibit 12.2 Exhibit 12.3 Exhibit 12.4 Exhibit 12.5 Reclamation Expenditures Reclamation Expenditures Reclamation Expenditures Reclamation Expenditures Reclamation Expenditures Special Reclamation Fund Special Reclamation Fund Special Reclamation Fund Special Reclamation Water Trust Fund Special Reclamation Water Trust Fund Land Water Capital Water Treatment Water Capital Water Treatment Exhibit 13.1 Exhibit 13.2 Average Reclamation Expenditures Average Reclamation Expenditures Summary Summary Comparison to Prior Analysis Exhibit 14.1 Exhibit 14.2 Average Reclamation Expenditures - Land Average Reclamation Expenditures - Water Capital Special Reclamation Fund Special Reclamation Water Trust Fund Exhibit 14.3 Average Reclamation Expenditures - Water Treatment Special Reclamation Water Trust Fund Based on Forfeited Permits Based on Forfeited Permits Based on Forfeited Permits that are Currently Treating or Scheduled to Treat Water Pinnacle Actuarial Resources, Inc. Page 2 West Virginia Department of Environmental Protection Office of Special Reclamation Table of Contents June 30, 2017 Exhibit Number Exhibit Name Fund Category Exhibit 15.1 Average Reclamation Expenditure Trends Land and Water Combined Exhibit 16.1 Administrative Expenditures Special Reclamation Fund Exhibit 17.1 Exhibit 17.2 Exhibit 17.3 Exhibit 17.4 Number of Forfeited Permits and Acres Number of Forfeited Permits and Acres Number of Forfeited Permits and Acres Number of Forfeited Permits and Acres Total Surface Underground Other Exhibit 18.1 Exhibit 18.2 Exhibit 18.3 Exhibit 18.4 Reclamation Expenditures Reclamation Expenditures Reclamation Expenditures Reclamation Expenditures Land Land Land Land Total Surface Underground Other Exhibit 19.1 Exhibit 19.2 Exhibit 19.3 Exhibit 19.4 Reclamation Expenditures Reclamation Expenditures Reclamation Expenditures Reclamation Expenditures Water Water Water Water Total Surface Underground Other Exhibit 20.1 Exhibit 20.2 Exhibit 20.3 Exhibit 20.4 Number of Permits Number of Permits Number of Permits Number of Permits Total Surface Underground Other Exhibit 21.1 Exhibit 21.2 Exhibit 21.3 Exhibit 21.4 Acres Acres Acres Acres Total Surface Underground Other Exhibit 22.1 Exhibit 22.2 Adjustment Factors for Permit Status Adjustment Factors for Size of Permits Exhibit 23.1 Forfeiture and Release Rates Exhibit 24.1 Surface Triangles Exhibit 24.2 Underground Triangles Exhibit 24.3 Other Triangles Number of Permits, Number of Releases, Number of Forfeitures, Number of Misc Terminations, Forfeiture Percentages, Release Percentages Number of Permits, Number of Releases, Number of Forfeitures, Number of Misc Terminations, Forfeiture Percentages, Release Percentages Number of Permits, Number of Releases, Number of Forfeitures, Number of Misc Terminations, Forfeiture Percentages, Release Percentages Pinnacle Actuarial Resources, Inc. Page 3 West Virginia Department of Environmental Protection Office of Special Reclamation Table of Contents June 30, 2017 Exhibit Number Exhibit Name Fund Category Exhibit 25.1 Exhibit 25.2 Exhibit 25.3 Exhibit 25.4 Estimated Number of Permit Projections Estimated Number of Permit Projections Estimated Number of Permit Projections Estimated Number of Permit Projections Total, for Forfeitures Occurring after June 30, 2017 Surface, for Forfeitures Occurring after June 30, 2017 Underground, for Forfeitures Occurring after June 30, 2017 Other, for Forfeitures Occurring after June 30, 2017 Exhibit 26.1 Exhibit 26.2 Exhibit 26.3 Exhibit 26.4 Estimated Acreage Projections Estimated Acreage Projections Estimated Acreage Projections Estimated Acreage Projections Total, for Forfeitures Occurring after June 30, 2017 Surface, for Forfeitures Occurring after June 30, 2017 Underground, for Forfeitures Occurring after June 30, 2017 Other, for Forfeitures Occurring after June 30, 2017 Exhibit 27.1 Exhibit 27.2 Exhibit 27.3 Exhibit 27.4 Estimated Reclamation Expenditures Estimated Reclamation Expenditures Estimated Reclamation Expenditures Estimated Reclamation Expenditures Land - Total, for Forfeitures Occurring after June 30, 2017 Land - Surface, for Forfeitures Occurring after June 30, 2017 Land - Underground, for Forfeitures Occurring after June 30, 2017 Land - Other, for Forfeitures Occurring after June 30, 2017 Exhibit 28.1 Exhibit 28.2 Exhibit 28.3 Exhibit 28.4 Reclamation Expenditures Calculation Reclamation Expenditures Calculation Reclamation Expenditures Calculation Reclamation Expenditures Calculation Land, for Forfeitures Occurring Land, for Forfeitures Occurring Land, for Forfeitures Occurring Land, for Forfeitures Occurring Exhibit 29.1 Exhibit 29.2 Exhibit 29.3 Exhibit 29.4 Estimated Reclamation Expenditures Estimated Reclamation Expenditures Estimated Reclamation Expenditures Estimated Reclamation Expenditures Water Capital - Total, for Forfeitures Occurring after June 30, 2017 Water Capital - Surface, for Forfeitures Occurring after June 30, 2017 Water Capital - Underground, for Forfeitures Occurring after June 30, 2017 Water Capital - Other, for Forfeitures Occurring after June 30, 2017 Exhibit 30.1 Exhibit 30.2 Exhibit 30.3 Exhibit 30.4 Reclamation Expenditures Calculation Reclamation Expenditures Calculation Reclamation Expenditures Calculation Reclamation Expenditures Calculation Water Capital, for Forfeitures Occurring Water Capital, for Forfeitures Occurring Water Capital, for Forfeitures Occurring Water Capital, for Forfeitures Occurring Exhibit 31.1 Exhibit 31.2 Estimated Reclamation Expenditures Estimated Reclamation Expenditures Water Treatment - Total for Forfeitures Occurring after June 30, 2017 Water Treatment - Surface, for Forfeitures Occurring after June 30, 2017 Exhibit 31.3 Exhibit 31.4 Estimated Reclamation Expenditures Estimated Reclamation Expenditures Water Treatment - Underground, for Forfeitures Occurring after June 30, 2017 Water Treatment - Other, for Forfeitures Occurring after June 30, 2017 Exhibit 32.1 Exhibit 32.2 Exhibit 32.3 Exhibit 32.4 Reclamation Expenditures Calculation Reclamation Expenditures Calculation Reclamation Expenditures Calculation Reclamation Expenditures Calculation Water Treatment Costs, for Forfeitures Occurring Water Treatment Costs, for Forfeitures Occurring Water Treatment Costs, for Forfeitures Occurring Water Treatment Costs, for Forfeitures Occurring after June 30, 2017 after June 30, 2017 after June 30, 2017 after June 30, 2017 after June 30, 2017 after June 30, 2017 after June 30, 2017 after June 30, 2017 after June 30, 2017 after June 30, 2017 after June 30, 2017 after June 30, 2017 Surface Underground Other Footnotes for Exhibits 28.1 through 28.3: Surface Underground Other Footnotes for Exhibits 30.1 through 30.3: Surface Underground Other Footnotes for Exhibits 32.1 through 32.3: Pinnacle Actuarial Resources, Inc. Page 4 Exhibit 1.1 West Virginia Department of Environmental Protection Office of Special Reclamation Expenditures Special Reclamation Fund Limited to a 20-Year Cash Flow June 30, 2017 Permit Category Land (1) Discounted Reclamation Water Capital Water Treatment (2) (3) Currently Forfeited Projected Forfeited $27,734,224 49,212,600 $95,209,358 0 $4,837,888 0 Total 76,946,824 95,209,358 4,837,888 Footnotes: (1) (2) (3) (4) (5) Exhibit 12.1 Col (9) and Exhibit 12.1 Col (10) Exhibit 12.2 Col (9) and Exhibit 12.2 Col (10) Exhibit 12.3 Col (9) and Exhibit 12.3 Col (10) Exhibit 16.1 Col (3) Sum of Col (1) through Col (4) Pinnacle Actuarial Resources, Inc. Discounted Administrative (4) $76,340,446 Total (5) $253,334,517 Exhibit 1.2 West Virginia Department of Environmental Protection Office of Special Reclamation Expenditures Special Reclamation Water Trust Fund Limited to a 20-Year Cash Flow June 30, 2017 Permit Category Discounted Reclamation Water Capital Water Treatment (2) (3) Land (1) Currently Forfeited Projected Forfeited $0 0 $46,687,331 38,025,474 $70,588,473 13,118,230 Total 0 84,712,805 83,706,703 Footnotes: (1) (2) (3) (4) (5) Only in Special Reclamation Fund Exhibit 12.4 Col (9) and Exhibit 12.4 Col (10) Exhibit 12.5 Col (9) and Exhibit 12.5 Col (10) Only in Special Reclamation Fund Sum of Col (1) through Col (4) Pinnacle Actuarial Resources, Inc. Discounted Administrative (4) Total (5) $0 $168,419,509 Exhibit 1.3 West Virginia Department of Environmental Protection Office of Special Reclamation Expenditures Special Reclamation Fund and Special Reclamation Water Trust Fund Combined Limited to a 20-Year Cash Flow June 30, 2017 Permit Category Land (1) Discounted Reclamation Water Capital Water Treatment (2) (3) Currently Forfeited Projected Forfeited $27,734,224 49,212,600 $141,896,689 38,025,474 $75,426,362 13,118,230 Total 76,946,824 179,922,163 88,544,592 Footnotes: (1) (2) (3) (4) (5) Exhibit 1.1 Col (1) + Exhibit 1.2 Col (1) Exhibit 1.1 Col (2) + Exhibit 1.2 Col (2) Exhibit 1.1 Col (3) + Exhibit 1.2 Col (3) Exhibit 1.1 Col (4) + Exhibit 1.2 Col (4) Sum of Col (1) through Col (4) Pinnacle Actuarial Resources, Inc. Discounted Administrative (4) $76,340,446 Total (5) $421,754,025 Exhibit 1.4 West Virginia Department of Environmental Protection Office of Special Reclamation Expenditures Special Reclamation Fund Limited to a 20-Year Cash Flow --- Comparison to Prior Analysis June 30, 2017 Permit Category Discounted Reclamation Water Capital Water Treatment (2) (3) Land (1) Currently Forfeited Projected Forfeited $27,734,224 49,212,600 $95,209,358 0 $4,837,888 0 Total 76,946,824 95,209,358 4,837,888 Discounted Administrative (4) $76,340,446 Total (5) $253,334,517 June 30, 2013 Permit Category Discounted Reclamation Water Capital Water Treatment (7) (8) Land (6) Currently Forfeited Projected Forfeited $9,387,415 75,587,588 $61,250,893 1,547,317 $43,978,136 221,534 Total 84,975,003 62,798,210 44,199,670 Discounted Administrative (9) $92,063,343 Total (10) $284,036,226 Difference in Dollars Permit Category Currently Forfeited Projected Forfeited Total Land (11) Discounted Reclamation Water Capital Water Treatment (12) (13) $18,346,809 (26,374,988) (8,028,179) $33,958,465 (1,547,317) ($39,140,248) (221,534) 32,411,148 (39,361,782) Discounted Administrative (14) ($15,722,897) Total (15) ($30,701,709) Difference in Percentage Permit Category Currently Forfeited Projected Forfeited Total Footnotes: (1) - (5) (6) - (10) (11) - (15) (16) - (20) Land (16) Discounted Reclamation Water Capital Water Treatment (17) (18) 195% -35% 55% -100% -89% -100% -9% 52% -89% Exhibit 1.1 Col (1) through Col (5) From prior Pinnacle Actuarial Resources, Inc. analysis as of 6/30/2013. Col (1) - Col (6); Col (2) - Col (7); etc. Col (11) / Col (6); Col (12) / Col (7); etc. Pinnacle Actuarial Resources, Inc. Discounted Administrative (19) -17% Total (20) -11% Exhibit 1.5 West Virginia Department of Environmental Protection Office of Special Reclamation Expenditures Special Reclamation Water Trust Fund Limited to a 20-Year Cash Flow --- Comparison to Prior Analysis June 30, 2017 Permit Category Discounted Reclamation Water Capital Water Treatment (2) (3) Land (1) Currently Forfeited Projected Forfeited $0 0 $46,687,331 38,025,474 $70,588,473 13,118,230 Total 0 84,712,805 83,706,703 Discounted Administrative (4) Total (5) $0 $168,419,509 June 30, 2013 Permit Category Discounted Reclamation Water Capital Water Treatment (7) (8) Land (6) Currently Forfeited Projected Forfeited $0 0 $0 11,609,807 $125,768,247 14,146,038 Total 0 11,609,807 139,914,284 Discounted Administrative (9) Total (10) $0 $151,524,091 Difference in Dollars Permit Category Discounted Reclamation Water Capital Water Treatment (12) (13) Land (11) Currently Forfeited Projected Forfeited $0 0 $46,687,331 26,415,667 ($55,179,774) (1,027,807) Total 0 73,102,999 (56,207,581) Discounted Administrative (14) Total (15) $0 $16,895,418 Difference in Percentage Permit Category Land (16) Discounted Reclamation Water Capital Water Treatment (17) (18) Currently Forfeited Projected Forfeited 0% 0% 0% 228% -44% -7% Total 0% 630% -40% Footnotes: (1) - (5) (6) - (10) (11) - (15) (16) - (20) Exhibit 1.2 Col (1) through Col (5) From prior Pinnacle Actuarial Resources, Inc. analysis as of 6/30/2013. Col (1) - Col (6); Col (2) - Col (7); etc. Col (11) / Col (6); Col (12) / Col (7); etc. Pinnacle Actuarial Resources, Inc. Discounted Administrative (19) Total (20) 0% 11% Exhibit 1.6 West Virginia Department of Environmental Protection Office of Special Reclamation Expenditures Special Reclamation Fund and Special Reclamation Water Trust Fund Combined Limited to a 20-Year Cash Flow --- Comparison to Prior Analysis June 30, 2017 Permit Category Discounted Reclamation Water Capital Water Treatment (2) (3) Land (1) Currently Forfeited Projected Forfeited $27,734,224 49,212,600 $141,896,689 38,025,474 $75,426,362 13,118,230 Total 76,946,824 179,922,163 88,544,592 Discounted Administrative (4) $76,340,446 Total (5) $421,754,025 June 30, 2013 Permit Category Discounted Reclamation Water Capital Water Treatment (7) (8) Land (6) Currently Forfeited Projected Forfeited $9,387,415 75,587,588 $61,250,893 13,157,124 $169,746,383 14,367,571 Total 84,975,003 74,408,017 184,113,954 Discounted Administrative (9) $92,063,343 Total (10) $435,560,317 Difference in Dollars Permit Category Currently Forfeited Projected Forfeited Total Land (11) Discounted Reclamation Water Capital Water Treatment (12) (13) $18,346,809 (26,374,988) $80,645,797 24,868,350 ($94,320,022) (1,249,341) (8,028,179) 105,514,147 (95,569,363) Discounted Administrative (14) ($15,722,897) Total (15) ($13,806,291) Difference in Percentage Permit Category Currently Forfeited Projected Forfeited Total Footnotes: (1) - (5) (6) - (10) (11) - (15) (16) - (20) Land (16) Discounted Reclamation Water Capital Water Treatment (17) (18) 195% -35% 132% 189% -56% -9% -9% 142% -52% Discounted Administrative (19) Exhibit 1.3 Col (1) through Col (5) Exhibit 1.4 Col (6) through Col (10) + Exhibit 1.5 Col (6) through Col (10) Col (1) - Col (6); Col (2) - Col (7); etc. Col (11) / Col (6); Col (12) / Col (7); etc. Pinnacle Actuarial Resources, Inc. -17% Total (20) -3% Exhibit 2.1 West Virginia Department of Environmental Protection Office of Special Reclamation Expenditures Special Reclamation Fund Limited to a 35-Year Cash Flow June 30, 2017 Permit Category Land (1) Discounted Reclamation Water Capital Water Treatment (2) (3) Currently Forfeited Projected Forfeited $27,734,224 55,671,562 $95,209,358 0 $4,837,888 0 Total 83,405,786 95,209,358 4,837,888 Footnotes: (1) (2) (3) (4) (5) Exhibit 12.1 Col (9) and Exhibit 12.1 Col (10) Exhibit 12.2 Col (9) and Exhibit 12.2 Col (10) Exhibit 12.3 Col (9) and Exhibit 12.3 Col (10) Exhibit 16.1 Col (3) Sum of Col (1) through Col (4) Pinnacle Actuarial Resources, Inc. Discounted Administrative (4) $148,570,046 Total (5) $332,023,079 Exhibit 2.2 West Virginia Department of Environmental Protection Office of Special Reclamation Expenditures Special Reclamation Water Trust Fund Limited to a 35-Year Cash Flow June 30, 2017 Permit Category Discounted Reclamation Water Capital Water Treatment (2) (3) Land (1) Currently Forfeited Projected Forfeited $0 0 $46,687,331 40,882,640 $95,997,429 23,871,393 Total 0 87,569,971 119,868,822 Footnotes: (1) (2) (3) (4) (5) Only in Special Reclamation Fund Exhibit 12.4 Col (9) and Exhibit 12.4 Col (10) Exhibit 12.5 Col (9) and Exhibit 12.5 Col (10) Only in Special Reclamation Fund Sum of Col (1) through Col (4) Pinnacle Actuarial Resources, Inc. Discounted Administrative (4) Total (5) $0 $207,438,793 Exhibit 2.3 West Virginia Department of Environmental Protection Office of Special Reclamation Expenditures Special Reclamation Fund and Special Reclamation Water Trust Fund Combined Limited to a 35-Year Cash Flow June 30, 2017 Permit Category Land (1) Discounted Reclamation Water Capital Water Treatment (2) (3) Currently Forfeited Projected Forfeited $27,734,224 55,671,562 $141,896,689 40,882,640 $100,835,318 23,871,393 Total 83,405,786 182,779,329 124,706,710 Footnotes: (1) (2) (3) (4) (5) Exhibit 2.1 Col (1) + Exhibit 2.2 Col (1) Exhibit 2.1 Col (2) + Exhibit 2.2 Col (2) Exhibit 2.1 Col (3) + Exhibit 2.2 Col (3) Exhibit 2.1 Col (4) + Exhibit 2.2 Col (4) Sum of Col (1) through Col (4) Pinnacle Actuarial Resources, Inc. Discounted Administrative (4) $148,570,046 Total (5) $539,461,872 Exhibit 2.4 West Virginia Department of Environmental Protection Office of Special Reclamation Expenditures Special Reclamation Fund Limited to a 35-Year Cash Flow --- Comparison to Prior Analysis June 30, 2017 Permit Category Discounted Reclamation Water Capital Water Treatment (2) (3) Land (1) Currently Forfeited Projected Forfeited $27,734,224 55,671,562 $95,209,358 0 $4,837,888 0 Total 83,405,786 95,209,358 4,837,888 Discounted Administrative (4) $148,570,046 Total (5) $332,023,079 June 30, 2013 Permit Category Discounted Reclamation Water Capital Water Treatment (7) (8) Land (6) Currently Forfeited Projected Forfeited $9,387,415 109,463,429 $61,250,893 1,547,317 $43,978,136 221,534 Total 118,850,844 62,798,210 44,199,670 Discounted Administrative (9) $164,050,149 Total (10) $389,898,874 Difference in Dollars Permit Category Land (11) Discounted Reclamation Water Capital Water Treatment (12) (13) Currently Forfeited Projected Forfeited $18,346,809 (53,791,867) $33,958,465 (1,547,317) ($39,140,248) (221,534) Total (35,445,058) 32,411,148 (39,361,782) Discounted Administrative (14) ($15,480,103) Total (15) ($57,875,795) Difference in Percentage Permit Category Land (16) Discounted Reclamation Water Capital Water Treatment (17) (18) Currently Forfeited Projected Forfeited 195% -49% 55% -100% -89% -100% Total -30% 52% -89% Footnotes: (1) - (5) (6) - (10) (11) - (15) (16) - (20) Exhibit 1.1 Col (1) through Col (5) From prior Pinnacle Actuarial Resources, Inc. analysis as of 6/30/2013. Col (1) - Col (6); Col (2) - Col (7); etc. Col (11) / Col (6); Col (12) / Col (7); etc. Pinnacle Actuarial Resources, Inc. Discounted Administrative (19) -9% Total (20) -15% Exhibit 2.5 West Virginia Department of Environmental Protection Office of Special Reclamation Expenditures Special Reclamation Water Trust Fund Limited to a 35-Year Cash Flow --- Comparison to Prior Analysis June 30, 2017 Permit Category Discounted Reclamation Water Capital Water Treatment (2) (3) Land (1) Currently Forfeited Projected Forfeited $0 0 $46,687,331 40,882,640 $95,997,429 23,871,393 Total 0 87,569,971 119,868,822 Discounted Administrative (4) Total (5) $0 $207,438,793 June 30, 2013 Permit Category Discounted Reclamation Water Capital Water Treatment (7) (8) Land (6) Currently Forfeited Projected Forfeited $0 0 $0 15,847,285 $232,222,137 42,357,419 Total 0 15,847,285 274,579,556 Discounted Administrative (9) Total (10) $0 $290,426,841 Difference in Dollars Permit Category Discounted Reclamation Water Capital Water Treatment (12) (13) Land (11) Currently Forfeited Projected Forfeited $0 0 $46,687,331 25,035,354 ($136,224,708) (18,486,027) Total 0 71,722,685 (154,710,734) Discounted Administrative (14) Total (15) $0 ($82,988,049) Difference in Percentage Permit Category Land (16) Discounted Reclamation Water Capital Water Treatment (17) (18) Currently Forfeited Projected Forfeited 0% 0% 0% 158% -59% -44% Total 0% 453% -56% Footnotes: (1) - (5) (6) - (10) (11) - (15) (16) - (20) Exhibit 1.2 Col (1) through Col (5) From prior Pinnacle Actuarial Resources, Inc. analysis as of 6/30/2013. Col (1) - Col (6); Col (2) - Col (7); etc. Col (11) / Col (6); Col (12) / Col (7); etc. Pinnacle Actuarial Resources, Inc. Discounted Administrative (19) Total (20) 0% -29% Exhibit 2.6 West Virginia Department of Environmental Protection Office of Special Reclamation Expenditures Special Reclamation Fund and Special Reclamation Water Trust Fund Combined Limited to a 35-Year Cash Flow --- Comparison to Prior Analysis June 30, 2017 Permit Category Discounted Reclamation Water Capital Water Treatment (2) (3) Land (1) Currently Forfeited Projected Forfeited $27,734,224 55,671,562 $141,896,689 40,882,640 $100,835,318 23,871,393 Total 83,405,786 182,779,329 124,706,710 Discounted Administrative (4) $148,570,046 Total (5) $539,461,872 June 30, 2013 Permit Category Discounted Reclamation Water Capital Water Treatment (7) (8) Land (6) Currently Forfeited Projected Forfeited $9,387,415 109,463,429 $61,250,893 17,394,603 $276,200,273 42,578,953 Total 118,850,844 78,645,495 318,779,226 Discounted Administrative (9) $164,050,149 Total (10) $680,325,715 Difference in Dollars Permit Category Land (11) Discounted Reclamation Water Capital Water Treatment (12) (13) Currently Forfeited Projected Forfeited $18,346,809 (53,791,867) $80,645,797 23,488,037 ($175,364,955) (18,707,560) Total (35,445,058) 104,133,834 (194,072,516) Discounted Administrative (14) ($15,480,103) Total (15) ($140,863,843) Difference in Percentage Permit Category Land (16) Discounted Reclamation Water Capital Water Treatment (17) (18) Currently Forfeited Projected Forfeited 195% -49% 132% 135% -63% -44% Total -30% 132% -61% Footnotes: (1) - (5) (6) - (10) (11) - (15) (16) - (20) Discounted Administrative (19) Exhibit 1.3 Col (1) through Col (5) Exhibit 2.4 Col (6) through Col (10) + Exhibit 2.5 Col (6) through Col (10) Col (1) - Col (6); Col (2) - Col (7); etc. Col (11) / Col (6); Col (12) / Col (7); etc. Pinnacle Actuarial Resources, Inc. -9% Total (20) -21% Exhibit 3.1 West Virginia Department of Environmental Protection Office of Special Reclamation Revenues Special Reclamation Fund Limited to a 20-Year Cash Flow June 30, 2017 Coal Tax (1) $134,495,064 Footnotes: (1) (2) (3) (4) (5) Bond Forfeiture (2) Discounted Miscellaneous (3) $26,347,831 Investment Income (4) $57,945,384 Exhibit 8.1 Col (14) Exhibit 9.1 Col (6) Exhibit 9.2 Col (6) Exhibit 10.1 Col (7) Sum of Col (1) through Col (4) Pinnacle Actuarial Resources, Inc. $5,941,299 Total (5) $224,729,579 Exhibit 3.2 West Virginia Department of Environmental Protection Office of Special Reclamation Revenues Special Reclamation Water Trust Fund Limited to a 20-Year Cash Flow June 30, 2017 Coal Tax (1) $113,505,208 Footnotes: (1) (2) (3) (4) (5) Bond Forfeiture (2) $0 Discounted Miscellaneous (3) Investment Income (4) ($29,495,929) Exhibit 8.2 Col (14) Only in Special Reclamation Fund Only in Special Reclamation Fund Exhibit 10.2 Col (7) Sum of Col (1) through Col (4) Pinnacle Actuarial Resources, Inc. $42,263,654 Total (5) $126,272,932 Exhibit 3.3 West Virginia Department of Environmental Protection Office of Special Reclamation Revenues Special Reclamation Fund and Special Reclamation Water Trust Fund Combined Limited to a 20-Year Cash Flow June 30, 2017 Coal Tax (1) $248,000,272 Footnotes: (1) (2) (3) (4) (5) Bond Forfeiture (2) $26,347,831 Discounted Miscellaneous (3) Investment Income (4) $28,449,455 Exhibit 3.1 Col (1) + Exhibit 3.2 Col (1) Exhibit 3.1 Col (2) + Exhibit 3.2 Col (2) Exhibit 3.1 Col (3) + Exhibit 3.2 Col (3) Exhibit 3.1 Col (4) + Exhibit 3.2 Col (4) Sum of Col (1) through Col (4) Pinnacle Actuarial Resources, Inc. $48,204,953 Total (5) $351,002,511 Exhibit 3.4 West Virginia Department of Environmental Protection Office of Special Reclamation Revenues Special Reclamation Fund Limited to a 20-Year Cash Flow --- Comparison to Prior Analysis June 30, 2017 Coal Tax (1) Discounted Miscellaneous (3) Bond Forfeiture (2) $134,495,064 $26,347,831 Investment Income (4) $57,945,384 $5,941,299 Total (5) $224,729,579 June 30, 2013 Coal Tax (6) Discounted Miscellaneous (8) Bond Forfeiture (7) $183,919,366 $37,461,847 Investment Income (9) $7,807,461 $1,581,077 Total (10) $230,769,751 Difference in Dollars Coal Tax (11) Discounted Miscellaneous (13) Bond Forfeiture (12) ($49,424,302) ($11,114,016) Investment Income (14) $50,137,924 $4,360,223 Total (15) ($6,040,172) Difference in Percentage Coal Tax (16) -27% Footnotes: (1) - (5) (6) - (10) (11) - (15) (16) - (20) Discounted Miscellaneous (18) Bond Forfeiture (17) -30% Investment Income (19) 642% 276% Exhibit 3.1 Col (1) through Col (5) From prior Pinnacle Actuarial Resources, Inc. analysis as of 6/30/2013. Col (1) - Col (6); Col (2) - Col (7); etc. Col (11) / Col (6); Col (12) / Col (7); etc. Pinnacle Actuarial Resources, Inc. Total (20) -3% Exhibit 3.5 West Virginia Department of Environmental Protection Office of Special Reclamation Revenues Special Reclamation Water Trust Fund Limited to a 20-Year Cash Flow --- Comparison to Prior Analysis June 30, 2017 Coal Tax (1) Discounted Miscellaneous (3) Bond Forfeiture (2) $113,505,208 $0 Investment Income (4) ($29,495,929) $42,263,654 Total (5) $126,272,932 June 30, 2013 Coal Tax (6) Discounted Miscellaneous (8) Bond Forfeiture (7) $155,307,248 $0 Investment Income (9) $0 $50,067,089 Total (10) $205,374,337 Difference in Dollars Coal Tax (11) Discounted Miscellaneous (13) Bond Forfeiture (12) ($41,802,040) $0 Investment Income (14) ($29,495,929) ($7,803,435) Total (15) ($79,101,405) Difference in Percentage Coal Tax (16) -27% Footnotes: (1) - (5) (6) - (10) (11) - (15) (16) - (20) Discounted Miscellaneous (18) Bond Forfeiture (17) 0% Investment Income (19) 0% -16% Exhibit 3.2 Col (1) through Col (5) From prior Pinnacle Actuarial Resources, Inc. analysis as of 6/30/2013. Col (1) - Col (6); Col (2) - Col (7); etc. Col (11) / Col (6); Col (12) / Col (7); etc. Pinnacle Actuarial Resources, Inc. Total (20) -39% Exhibit 3.6 West Virginia Department of Environmental Protection Office of Special Reclamation Revenues Special Reclamation Fund and Special Reclamation Water Trust Fund Combined Limited to a 20-Year Cash Flow --- Comparison to Prior Analysis June 30, 2017 Coal Tax (1) Discounted Miscellaneous (3) Bond Forfeiture (2) $248,000,272 $26,347,831 Investment Income (4) $28,449,455 $48,204,953 Total (5) $351,002,511 June 30, 2013 Coal Tax (6) Discounted Miscellaneous (8) Bond Forfeiture (7) $339,226,614 $37,461,847 Investment Income (9) $7,807,461 $51,648,166 Total (10) $436,144,088 Difference in Dollars Coal Tax (11) Discounted Miscellaneous (13) Bond Forfeiture (12) ($91,226,342) ($11,114,016) Investment Income (14) $20,641,994 ($3,443,213) Total (15) ($85,141,577) Difference in Percentage Coal Tax (16) -27% Footnotes: (1) - (5) (6) - (10) (11) - (15) (16) - (20) Discounted Miscellaneous (18) Bond Forfeiture (17) -30% Investment Income (19) 264% -7% Exhibit 3.3 Col (1) through Col (5) Exhibit 3.4 Col (6) through Col (10) + Exhibit 3.5 Col (6) through Col (10) Col (1) - Col (6); Col (2) - Col (7); etc. Col (11) / Col (6); Col (12) / Col (7); etc. Pinnacle Actuarial Resources, Inc. Total (20) -20% Exhibit 4.1 West Virginia Department of Environmental Protection Office of Special Reclamation Revenues Special Reclamation Fund Limited to a 35-Year Cash Flow June 30, 2017 Coal Tax (1) $182,203,815 Footnotes: (1) (2) (3) (4) (5) Bond Forfeiture (2) Discounted Miscellaneous (3) $28,320,876 Investment Income (4) $72,338,592 Exhibit 8.1 Col (14) Exhibit 9.1 Col (6) Exhibit 9.2 Col (6) Exhibit 10.1 Col (7) Sum of Col (1) through Col (4) Pinnacle Actuarial Resources, Inc. $11,530,303 Total (5) $294,393,585 Exhibit 4.2 West Virginia Department of Environmental Protection Office of Special Reclamation Revenues Special Reclamation Water Trust Fund Limited to a 35-Year Cash Flow June 30, 2017 Coal Tax (1) $133,475,064 Footnotes: (1) (2) (3) (4) (5) Bond Forfeiture (2) $0 Discounted Miscellaneous (3) Investment Income (4) ($29,495,929) Exhibit 8.2 Col (14) Only in Special Reclamation Fund Only in Special Reclamation Fund Exhibit 10.2 Col (7) Sum of Col (1) through Col (4) Pinnacle Actuarial Resources, Inc. $42,897,797 Total (5) $146,876,931 Exhibit 4.3 West Virginia Department of Environmental Protection Office of Special Reclamation Revenues Special Reclamation Fund and Special Reclamation Water Trust Fund Combined Limited to a 35-Year Cash Flow June 30, 2017 Coal Tax (1) $315,678,879 Footnotes: (1) (2) (3) (4) (5) Bond Forfeiture (2) $28,320,876 Discounted Miscellaneous (3) Investment Income (4) $42,842,662 Exhibit 4.1 Col (1) + Exhibit 4.2 Col (1) Exhibit 4.1 Col (2) + Exhibit 4.2 Col (2) Exhibit 4.1 Col (3) + Exhibit 4.2 Col (3) Exhibit 4.1 Col (4) + Exhibit 4.2 Col (4) Sum of Col (1) through Col (4) Pinnacle Actuarial Resources, Inc. $54,428,100 Total (5) $441,270,516 Exhibit 4.4 West Virginia Department of Environmental Protection Office of Special Reclamation Revenues Special Reclamation Fund Limited to a 35-Year Cash Flow --- Comparison to Prior Analysis June 30, 2017 Coal Tax (1) Discounted Miscellaneous (3) Bond Forfeiture (2) $182,203,815 $28,320,876 Investment Income (4) $72,338,592 $11,530,303 Total (5) $294,393,585 June 30, 2013 Coal Tax (6) Discounted Miscellaneous (8) Bond Forfeiture (7) $241,288,897 $44,056,543 Investment Income (9) $11,209,551 $1,745,740 Total (10) $298,300,730 Difference in Dollars Coal Tax (11) Discounted Miscellaneous (13) Bond Forfeiture (12) ($59,085,082) ($15,735,667) Investment Income (14) $61,129,041 $9,784,563 Total (15) ($3,907,146) Difference in Percentage Coal Tax (16) -24% Footnotes: (1) - (5) (6) - (10) (11) - (15) (16) - (20) Discounted Miscellaneous (18) Bond Forfeiture (17) -36% Investment Income (19) 545% 560% Exhibit 4.1 Col (1) through Col (5) From prior Pinnacle Actuarial Resources, Inc. analysis as of 6/30/2013. Col (1) - Col (6); Col (2) - Col (7); etc. Col (11) / Col (6); Col (12) / Col (7); etc. Pinnacle Actuarial Resources, Inc. Total (20) -1% Exhibit 4.5 West Virginia Department of Environmental Protection Office of Special Reclamation Revenues Special Reclamation Water Trust Fund Limited to a 35-Year Cash Flow --- Comparison to Prior Analysis June 30, 2017 Coal Tax (1) Discounted Miscellaneous (3) Bond Forfeiture (2) $133,475,064 $0 Investment Income (4) ($29,495,929) $42,897,797 Total (5) $146,876,931 June 30, 2013 Coal Tax (6) Discounted Miscellaneous (8) Bond Forfeiture (7) $187,931,958 $0 Investment Income (9) $0 $50,800,673 Total (10) $238,732,631 Difference in Dollars Coal Tax (11) Discounted Miscellaneous (13) Bond Forfeiture (12) ($54,456,894) $0 Investment Income (14) ($29,495,929) ($7,902,876) Total (15) ($91,855,699) Difference in Percentage Coal Tax (16) -29% Footnotes: (1) - (5) (6) - (10) (11) - (15) (16) - (20) Discounted Miscellaneous (18) Bond Forfeiture (17) 0% Investment Income (19) 0% -16% Exhibit 4.2 Col (1) through Col (5) From prior Pinnacle Actuarial Resources, Inc. analysis as of 6/30/2013. Col (1) - Col (6); Col (2) - Col (7); etc. Col (11) / Col (6); Col (12) / Col (7); etc. Pinnacle Actuarial Resources, Inc. Total (20) -38% Exhibit 4.6 West Virginia Department of Environmental Protection Office of Special Reclamation Revenues Special Reclamation Fund and Special Reclamation Water Trust Fund Combined Limited to a 35-Year Cash Flow --- Comparison to Prior Analysis June 30, 2017 Coal Tax (1) Discounted Miscellaneous (3) Bond Forfeiture (2) $315,678,879 $28,320,876 Investment Income (4) $42,842,662 $54,428,100 Total (5) $441,270,516 June 30, 2013 Coal Tax (6) Discounted Miscellaneous (8) Bond Forfeiture (7) $429,220,854 $44,056,543 Investment Income (9) $11,209,551 $52,546,413 Total (10) $537,033,361 Difference in Dollars Coal Tax (11) Discounted Miscellaneous (13) Bond Forfeiture (12) ($113,541,976) ($15,735,667) Investment Income (14) $31,633,111 $1,881,687 Total (15) ($95,762,845) Difference in Percentage Coal Tax (16) -26% Footnotes: (1) - (5) (6) - (10) (11) - (15) (16) - (20) Discounted Miscellaneous (18) Bond Forfeiture (17) -36% Investment Income (19) 282% 4% Exhibit 4.3 Col (1) through Col (5) Exhibit 4.4 Col (6) through Col (10) + Exhibit 4.5 Col (6) through Col (10) Col (1) - Col (6); Col (2) - Col (7); etc. Col (11) / Col (6); Col (12) / Col (7); etc. Pinnacle Actuarial Resources, Inc. Total (20) -18% Exhibit 5.1 West Virginia Department of Environmental Protection Office of Special Reclamation Funded Status Special Reclamation Fund June 30, 2017 Cash Flow 20 Years 35 Years (1) Present Value of Future Revenues w/o Transfers (2) Assets as of June 30, 2017 (3) Present Value of Fund Transfers (4) PV of Future Revenues + Assets + Transfers (5) Present Value of Future Expenditures (6) Funded Status (7) Year Fund Balance Becomes Negative $195,233,650 $264,897,656 56,208,569 56,208,569 29,495,929 29,495,929 280,938,148 350,602,154 253,334,517 332,023,079 110.9% 105.6% Fully Funded Through 35 Years Footnotes: (1) (2) (3) (4) (5) (6) (7) [Exhibit 3.1 Col (5) and Exhibit 4.1 Col (5)] - Row (3) Exhibit 6.4 Col (4) Exhibit 6.4 Col (3) Row (1) + Row (2) + Row (3) Exhibit 1.1 Col (5) and Exhibit 2.1 Col (5) Row (4) / Row (5) Exhibit 6.4 Col (4) Pinnacle Actuarial Resources, Inc. Exhibit 5.2 West Virginia Department of Environmental Protection Office of Special Reclamation Funded Status Special Reclamation Water Trust Fund June 30, 2017 Cash Flow 20 Years 35 Years (1) Present Value of Future Revenues w/o Transfers (2) Assets as of June 30, 2017 (3) Present Value of Fund Transfers (4) PV of Future Revenues + Assets + Transfers (5) Present Value of Future Expenditures (6) Funded Status (7) Year Fund Balance Becomes Negative $155,768,862 $176,372,861 93,119,949 93,119,949 (29,495,929) (29,495,929) 219,392,881 239,996,880 168,419,509 207,438,793 130.3% 115.7% Fully Funded Through 35 Years Footnotes: (1) (2) (3) (4) (5) (6) (7) [Exhibit 3.2 Col (5) and Exhibit 4.2 Col (5)] - Row (3) Exhibit 6.5 Col (4) Exhibit 6.5 Col (3) Row (1) + Row (2) + Row (3) Exhibit 1.2 Col (5) and Exhibit 2.2 Col (5) Row (4) / Row (5) Exhibit 6.5 Col (4) Pinnacle Actuarial Resources, Inc. Exhibit 5.3 West Virginia Department of Environmental Protection Office of Special Reclamation Funded Status Special Reclamation Fund and Special Reclamation Water Trust Fund Combined June 30, 2017 Cash Flow 20 Years 35 Years (1) Present Value of Future Revenues w/o Transfers (2) Assets as of June 30, 2017 (3) Present Value of Fund Transfers (4) PV of Future Revenues + Assets + Transfers (5) Present Value of Future Expenditures (6) Funded Status (7) Year Fund Balance Becomes Negative $351,002,511 $441,270,516 149,328,518 149,328,518 0 0 500,331,029 590,599,034 421,754,025 539,461,872 118.6% 109.5% Fully Funded Through 35 Years Footnotes: (1) (2) (3) (4) (5) (6) (7) [Exhibit 3.3 Col (5) and Exhibit 4.3 Col (5)] - Row (3) Exhibit 6.6 Col (4) Exhibit 6.6 Col (3) Row (1) + Row (2) + Row (3) Exhibit 1.3 Col (5) and Exhibit 2.3 Col (5) Row (4) / Row (5) Exhibit 6.6 Col (4) Pinnacle Actuarial Resources, Inc. Exhibit 5.4 West Virginia Department of Environmental Protection Office of Special Reclamation Funded Status Special Reclamation Fund Comparison to Prior Analysis June 30, 2017 Cash Flow 20 Years (1) Present Value of Future Revenues w/o Transfers (2) Assets as of June 30, 2017 (3) Present Value of Fund Transfers (4) PV of Future Revenues + Assets + Transfers (5) Present Value of Future Expenditures (6) Funded Status (7) Year Fund Balance Becomes Negative 35 Years $195,233,650 $264,897,656 56,208,569 56,208,569 29,495,929 29,495,929 280,938,148 350,602,154 253,334,517 332,023,079 110.9% 105.6% Fully Funded Through 35 Years June 30, 2013 Cash Flow (8) Present Value of Future Revenues (9) Assets as of June 30, 2013 (10) Assets + Present Value of Future Revenues (11) Present Value of Future Expenditures (12) Funded Status (13) Year Fund Balance Becomes Negative Footnotes: (1) (2) (3) (4) (5) (6) (7) (8) (9) and (13) (10) (11) (12) 20 Years 35 Years $230,769,751 74,959,837 305,729,588 284,036,226 107.6% 2018 $298,300,730 74,959,837 373,260,567 389,898,874 95.7% Exhibit 5.1 Row (1) Exhibit 5.1 Row (2) Exhibit 6.4 Col (3) Row (1) + Row (2) Exhibit 5.1 Row (5) Row (3) / Row (4) Exhibit 5.1 Row (7) Exhibit 3.4 Col (10) and Exhibit 4.4 Col (10) From prior Pinnacle Actuarial Resources, Inc. analysis as of 6/30/2013. Row (8) + Row (9) Exhibit 1.4 Col (10) and Exhibit 2.4 Col (10) Row (10) / Row (11) Pinnacle Actuarial Resources, Inc. Exhibit 5.5 West Virginia Department of Environmental Protection Office of Special Reclamation Funded Status Special Reclamation Water Trust Fund Comparison to Prior Analysis June 30, 2017 Cash Flow 20 Years (1) Present Value of Future Revenues w/o Transfers (2) Assets as of June 30, 2017 (3) Present Value of Fund Transfers (4) PV of Future Revenues + Assets + Transfers (5) Present Value of Future Expenditures (6) Funded Status (7) Year Fund Balance Becomes Negative 35 Years $155,768,862 $176,372,861 93,119,949 93,119,949 (29,495,929) (29,495,929) 219,392,881 239,996,880 168,419,509 207,438,793 130.3% 115.7% Fully Funded Through 35 Years June 30, 2013 Cash Flow (8) Present Value of Future Revenues (9) Assets as of June 30, 2013 (10) Assets + Present Value of Future Revenues (11) Present Value of Future Expenditures (12) Funded Status (13) Year Fund Balance Becomes Negative Footnotes: (1) (2) (3) (4) (5) (6) (7) (8) (9) and (13) (10) (11) (12) 20 Years 35 Years $205,374,337 22,487,555 227,861,892 151,524,091 150.4% 2038 $238,732,631 22,487,555 261,220,186 290,426,841 89.9% Exhibit 5.2 Row (1) Exhibit 5.2 Row (2) Exhibit 6.5 Col (3) Row (1) + Row (2) Exhibit 5.2 Row (5) Row (3) / Row (4) Exhibit 5.2 Row (7) Exhibit 3.5 Col (10) and Exhibit 4.5 Col (10) From prior Pinnacle Actuarial Resources, Inc. analysis as of 6/30/2013. Row (8) + Row (9) Exhibit 1.5 Col (10) and Exhibit 2.5 Col (10) Row (10) / Row (11) Pinnacle Actuarial Resources, Inc. Exhibit 5.6 West Virginia Department of Environmental Protection Office of Special Reclamation Funded Status Special Reclamation Fund and Special Reclamation Water Trust Fund Combined Comparison to Prior Analysis June 30, 2017 Cash Flow 20 Years (1) Present Value of Future Revenues w/o Transfers (2) Assets as of June 30, 2017 (3) Present Value of Fund Transfers (4) PV of Future Revenues + Assets + Transfers (5) Present Value of Future Expenditures (6) Funded Status (7) Year Fund Balance Becomes Negative 35 Years $351,002,511 $441,270,516 149,328,518 149,328,518 0 0 500,331,029 590,599,034 421,754,025 539,461,872 118.6% 109.5% Fully Funded Through 35 Years June 30, 2013 Cash Flow (8) Present Value of Future Revenues (9) Assets as of June 30, 2013 (10) Assets + Present Value of Future Revenues (11) Present Value of Future Expenditures (12) Funded Status (13) Year Fund Balance Becomes Negative Footnotes: (1) (2) (3) (4) (5) (6) (7) (8) (9) and (13) (10) (11) (12) 20 Years 35 Years $436,144,088 97,447,392 533,591,480 435,560,317 122.5% 2038 $537,033,361 97,447,392 634,480,753 680,325,715 93.3% Exhibit 5.3 Row (1) Exhibit 5.3 Row (2) Exhibit 6.6 Col (3) Row (1) + Row (2) Exhibit 5.3 Row (5) Row (3) / Row (4) Exhibit 5.3 Row (7) Exhibit 3.6 Col (10) and Exhibit 4.6 Col (10) From prior Pinnacle Actuarial Resources, Inc. analysis as of 6/30/2013. Row (8) + Row (9) Exhibit 1.6 Col (10) and Exhibit 2.6 Col (10) Row (10) / Row (11) Pinnacle Actuarial Resources, Inc. Exhibit 6.1 West Virginia Department of Environmental Protection Office of Special Reclamation Cash Flow Special Reclamation Fund June 30, 2017 Fiscal Year Ending 6/30 Prior 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 Footnotes: (1) (2) (3) (4) Expenditures (1) $32,228,782 28,040,517 29,020,570 32,559,320 36,010,765 9,454,898 9,376,432 10,867,291 8,171,970 8,077,360 7,982,168 7,876,107 7,798,575 7,690,414 7,626,594 7,567,545 7,473,345 7,511,155 7,513,188 7,545,068 7,530,922 7,596,796 7,586,126 7,626,131 7,713,338 7,806,989 7,915,471 8,028,195 8,179,872 8,323,049 8,495,013 8,635,566 8,814,959 9,042,066 9,277,171 Undiscounted Revenue Fund Transfer (2) (3) $12,656,359 14,904,598 14,621,711 13,910,235 13,424,494 12,918,298 12,353,367 11,900,152 11,460,515 11,088,910 10,684,453 10,325,585 10,027,476 9,752,972 9,475,273 9,309,284 9,110,024 8,915,452 8,683,163 8,492,724 8,256,764 8,084,766 7,911,169 7,736,184 7,571,728 7,406,426 7,263,778 7,113,674 6,976,504 6,826,174 6,686,425 6,561,935 6,436,432 6,317,097 6,200,746 $0 0 0 10,000,000 28,000,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Exhibit 11.1 Col (5) Exhibit 7.1 Col (5) - Col (3) Selected transfer amount between SRF and SRWTF Year 2018 = Client data Years 2019 and Subsequent = Prior Col (4) + [(Col (2) + Col (3)) - Col (1)] Pinnacle Actuarial Resources, Inc. Fund Balance (4) $56,208,569 36,636,146 23,500,227 9,101,368 452,283 5,866,013 9,329,412 12,306,348 13,339,209 16,627,754 19,639,305 22,341,591 24,791,069 27,019,970 29,082,528 30,931,206 32,672,945 34,309,624 35,713,922 36,883,896 37,831,552 38,557,394 39,045,364 39,370,407 39,480,459 39,338,850 38,938,287 38,286,594 37,372,073 36,168,705 34,671,829 32,863,241 30,789,611 28,411,084 25,686,115 22,609,690 Exhibit 6.2 West Virginia Department of Environmental Protection Office of Special Reclamation Cash Flow Special Reclamation Water Trust Fund June 30, 2017 Fiscal Year Ending 6/30 Prior 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 Footnotes: (1) (2) (3) (4) Expenditures (1) $0 10,318,740 17,076,812 20,664,316 24,319,705 24,766,154 19,729,902 15,313,250 12,147,757 12,239,162 12,317,026 12,247,999 12,214,672 12,120,878 12,057,130 11,976,153 11,835,960 11,833,314 11,781,918 11,755,026 11,647,719 11,627,165 11,496,345 11,407,489 11,372,630 11,324,871 11,287,349 11,240,049 11,228,085 11,208,096 11,194,643 11,139,719 11,118,966 11,131,937 11,146,969 Undiscounted Revenue Fund Transfer (2) (3) $17,573,927 17,905,229 18,128,565 17,279,244 15,538,726 13,769,845 12,755,892 12,064,485 11,572,185 11,199,557 10,759,015 10,377,144 10,027,841 9,700,231 9,376,731 9,099,787 8,785,722 8,454,949 8,116,330 7,750,428 7,371,311 7,021,484 6,626,103 6,223,476 5,974,492 5,855,402 5,747,914 5,646,770 5,552,000 5,462,214 5,377,088 5,296,588 5,220,245 5,147,682 5,078,825 $0 0 0 (10,000,000) (28,000,000) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Exhibit 11.2 Col (5) Exhibit 7.2 Col (5) - Col (3) Selected transfer amount between SRF and SRWTF Year 2018 = Client data Years 2019 and Subsequent = Prior Col (4) + [(Col (2) + Col (3)) - Col (1)] Pinnacle Actuarial Resources, Inc. Fund Balance (4) $93,119,949 110,693,876 118,280,365 119,332,118 105,947,046 69,166,068 58,169,758 51,195,748 47,946,983 47,371,412 46,331,807 44,773,796 42,902,941 40,716,111 38,295,464 35,615,064 32,738,699 29,688,461 26,310,096 22,644,508 18,639,910 14,363,503 9,757,821 4,887,580 (296,433) (5,694,571) (11,164,040) (16,703,475) (22,296,755) (27,972,840) (33,718,721) (39,536,276) (45,379,407) (51,278,128) (57,262,384) (63,330,528) Exhibit 6.3 West Virginia Department of Environmental Protection Office of Special Reclamation Cash Flow Special Reclamation Fund and Special Reclamation Water Trust Fund Combined June 30, 2017 Fiscal Year Ending 6/30 Prior 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 Footnotes: (1) (2) (3) (4) Expenditures (1) $32,228,782 38,359,258 46,097,382 53,223,636 60,330,470 34,221,053 29,106,334 26,180,541 20,319,727 20,316,522 20,299,194 20,124,105 20,013,247 19,811,292 19,683,725 19,543,698 19,309,306 19,344,469 19,295,106 19,300,095 19,178,641 19,223,961 19,082,471 19,033,620 19,085,968 19,131,860 19,202,820 19,268,244 19,407,957 19,531,145 19,689,656 19,775,284 19,933,925 20,174,003 20,424,140 Undiscounted Revenue Fund Transfer (2) (3) $30,230,286 32,809,827 32,750,277 31,189,479 28,963,220 26,688,143 25,109,259 23,964,637 23,032,700 22,288,467 21,443,469 20,702,728 20,055,318 19,453,203 18,852,004 18,409,072 17,895,746 17,370,402 16,799,493 16,243,152 15,628,075 15,106,249 14,537,272 13,959,660 13,546,221 13,261,828 13,011,691 12,760,443 12,528,504 12,288,388 12,063,513 11,858,523 11,656,677 11,464,779 11,279,570 Fund Balance (4) $0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Exhibit 6.1 Col (1) + Exhibit 6.2 Col (1) Exhibit 6.1 Col (2) + Exhibit 6.2 Col (2) Exhibit 6.1 Col (3) + Exhibit 6.2 Col (3) Year 2018 = Client data Years 2019 and Subsequent = Prior Col (4) + [(Col (2) + Col (3)) - Col (1)] Pinnacle Actuarial Resources, Inc. $149,328,518 147,330,022 141,780,592 128,433,487 106,399,330 75,032,080 67,499,171 63,502,096 61,286,192 63,999,166 65,971,111 67,115,387 67,694,010 67,736,080 67,377,992 66,546,271 65,411,644 63,998,084 62,024,017 59,528,405 56,471,462 52,920,896 48,803,185 44,257,986 39,184,027 33,644,280 27,774,247 21,583,119 15,075,318 8,195,865 953,108 (6,673,035) (14,589,796) (22,867,044) (31,576,268) (40,720,838) Exhibit 6.4 West Virginia Department of Environmental Protection Office of Special Reclamation Cash Flow Special Reclamation Fund June 30, 2017 Fiscal Year Ending 6/30 Prior 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 Footnotes: (1) (2) (3) (4) Expenditures (1) $31,894,527 27,408,600 27,984,261 30,932,100 33,659,871 8,695,269 8,484,178 9,674,744 7,157,988 6,961,129 6,768,261 6,570,734 6,401,232 6,210,750 6,059,977 5,916,181 5,748,407 5,684,407 5,594,338 5,527,563 5,428,310 5,387,571 5,293,326 5,235,509 5,210,063 5,188,361 5,175,704 5,164,837 5,177,633 5,183,382 5,205,241 5,206,113 5,228,645 5,276,945 5,326,923 Revenue (2) Discounted Fund Transfer (3) $12,525,096 14,568,710 14,099,578 13,215,042 12,548,102 11,880,410 11,177,830 10,594,262 10,038,489 9,556,505 9,059,591 8,614,239 8,230,760 7,876,464 7,528,910 7,277,843 7,007,320 6,747,173 6,465,505 6,221,821 5,951,499 5,733,634 5,520,129 5,311,062 5,114,411 4,922,155 4,749,580 4,576,491 4,415,934 4,251,166 4,097,045 3,955,986 3,817,808 3,686,654 3,560,449 $0 0 0 8,072,167 21,423,762 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Exhibit 11.1 Col (10) Exhibit 7.1 Col (10) - Col (3) Exhibit 6.1 Col (3) x Exhibit 10.2 Col (4) Year 2018 = Client data Years 2019 and Subsequent = Prior Col (4) + [(Col (2) + Col (3)) - Col (1)] Pinnacle Actuarial Resources, Inc. Fund Balance (4) $56,208,569 36,839,138 23,999,247 10,114,564 469,674 781,666 3,966,808 6,660,460 7,579,978 10,460,479 13,055,855 15,347,185 17,390,691 19,220,219 20,885,933 22,354,866 23,716,528 24,975,441 26,038,207 26,909,373 27,603,631 28,126,820 28,472,884 28,699,687 28,775,241 28,679,589 28,413,383 27,987,259 27,398,914 26,637,215 25,704,999 24,596,804 23,346,677 21,935,840 20,345,549 18,579,075 Exhibit 6.5 West Virginia Department of Environmental Protection Office of Special Reclamation Cash Flow Special Reclamation Water Trust Fund June 30, 2017 Fiscal Year Ending 6/30 Prior 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 Footnotes: (1) (2) (3) (4) Expenditures (1) $0 9,270,897 14,542,847 16,680,582 18,607,842 17,961,550 13,563,061 9,978,097 7,502,810 7,165,180 6,834,847 6,442,221 6,089,755 5,727,955 5,400,787 5,084,848 4,763,341 4,514,006 4,260,095 4,028,788 3,783,896 3,580,302 3,355,469 3,155,957 2,982,287 2,814,941 2,659,350 2,510,148 2,376,755 2,248,837 2,129,041 2,008,147 1,899,911 1,802,964 1,711,279 Revenue (2) Discounted Fund Transfer (3) $16,657,751 16,086,997 15,438,534 13,948,095 11,889,213 9,986,523 8,768,869 7,861,205 7,147,320 6,556,563 5,970,291 5,458,186 4,999,487 4,584,032 4,200,148 3,863,598 3,535,783 3,225,275 2,934,695 2,656,296 2,394,656 2,162,095 1,933,978 1,721,765 1,566,713 1,455,435 1,354,234 1,261,047 1,175,244 1,095,961 1,022,636 954,811 891,989 833,735 779,699 $0 0 0 (8,072,167) (21,423,762) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Exhibit 11.2 Col (10) Exhibit 7.2 Col (10) - Col (3) Exhibit 6.2 Col (3) x Exhibit 10.2 Col (4) Year 2018 = Client data Years 2019 and Subsequent = Prior Col (4) + [(Col (2) + Col (3)) - Col (1)] Pinnacle Actuarial Resources, Inc. Fund Balance (4) $93,119,949 109,777,700 116,593,799 117,489,486 106,684,832 78,542,442 70,567,415 65,773,223 63,656,332 63,300,842 62,692,225 61,827,669 60,843,634 59,753,366 58,609,443 57,408,803 56,187,553 54,959,995 53,671,264 52,345,864 50,973,372 49,584,132 48,165,924 46,744,434 45,310,243 43,894,669 42,535,163 41,230,047 39,980,946 38,779,435 37,626,558 36,520,153 35,466,817 34,458,896 33,489,667 32,558,087 Exhibit 6.6 West Virginia Department of Environmental Protection Office of Special Reclamation Cash Flow Special Reclamation Fund and Special Reclamation Water Trust Fund Combined June 30, 2017 Fiscal Year Ending 6/30 Prior 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 Footnotes: (1) (2) (3) (4) Expenditures (1) $31,894,527 36,679,498 42,527,108 47,612,682 52,267,713 26,656,819 22,047,239 19,652,840 14,660,798 14,126,308 13,603,108 13,012,955 12,490,987 11,938,706 11,460,765 11,001,029 10,511,748 10,198,413 9,854,433 9,556,351 9,212,207 8,967,873 8,648,795 8,391,465 8,192,350 8,003,302 7,835,054 7,674,985 7,554,387 7,432,219 7,334,282 7,214,260 7,128,555 7,079,909 7,038,202 Revenue (2) Discounted Fund Transfer (3) $29,182,846 30,655,707 29,538,112 27,163,137 24,437,315 21,866,933 19,946,700 18,455,467 17,185,809 16,113,069 15,029,881 14,072,425 13,230,248 12,460,496 11,729,058 11,141,441 10,543,103 9,972,448 9,400,200 8,878,117 8,346,155 7,895,729 7,454,108 7,032,828 6,681,125 6,377,590 6,103,815 5,837,538 5,591,178 5,347,127 5,119,681 4,910,797 4,709,797 4,520,389 4,340,149 Exhibit 6.4 Col (1) + Exhibit 6.5 Col (1) Exhibit 6.4 Col (2) + Exhibit 6.5 Col (2) Exhibit 6.4 Col (3) + Exhibit 6.5 Col (3) Year 2018 = Client data Years 2019 and Subsequent = Prior Col (3) + (Col (2) - Col (1)) Pinnacle Actuarial Resources, Inc. Fund Balance (4) $0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 $149,328,518 146,616,837 140,593,046 127,604,051 107,154,506 79,324,108 74,534,222 72,433,683 71,236,310 73,761,321 75,748,081 77,174,854 78,234,324 78,973,585 79,495,376 79,763,669 79,904,081 79,935,436 79,709,471 79,255,237 78,577,004 77,710,952 76,638,808 75,444,121 74,085,484 72,574,258 70,948,546 69,217,306 67,379,860 65,416,650 63,331,558 61,116,957 58,813,494 56,394,736 53,835,216 51,137,162 Exhibit 7.1 West Virginia Department of Environmental Protection Office of Special Reclamation Revenues Special Reclamation Fund June 30, 2017 Fiscal Year Ending 6/30 Coal Tax (1) Bond Forfeiture (2) Undiscounted Miscellaneous (3) Investment Income (4) Total (5) Coal Tax (6) Bond Forfeiture (7) Discounted Miscellaneous (8) Investment Income (9) Total (10) 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 $10,422,388 10,128,190 10,121,432 9,674,892 9,332,721 8,911,174 8,452,797 8,093,486 7,758,133 7,474,849 7,155,773 6,906,285 6,699,281 6,523,587 6,362,787 6,252,516 6,118,833 5,982,336 5,853,254 5,715,123 5,579,687 5,483,275 5,361,355 5,246,515 5,138,063 5,035,646 4,943,206 4,856,222 4,774,720 4,697,504 4,624,296 4,555,065 4,489,411 4,427,007 4,367,789 $0 2,665,123 2,550,298 2,445,838 2,332,563 2,186,222 2,037,666 1,921,398 1,792,220 1,662,836 1,541,154 1,399,935 1,280,737 1,156,976 1,018,114 943,038 859,725 786,555 672,041 612,035 507,421 431,378 382,499 328,121 281,573 232,291 199,728 158,427 128,959 86,773 55,977 41,145 26,252 19,466 18,146 $1,750,000 1,739,400 1,728,800 11,718,300 29,707,900 1,697,500 1,687,200 1,677,000 1,666,800 1,656,700 1,646,600 1,636,600 1,626,700 1,616,800 1,607,000 1,597,200 1,587,500 1,577,900 1,568,300 1,558,800 1,549,300 1,539,900 1,530,500 1,521,200 1,512,000 1,502,800 1,493,700 1,484,600 1,475,600 1,466,600 1,457,700 1,448,800 1,440,000 1,431,300 1,422,600 $483,970 371,885 221,181 71,205 51,311 123,402 175,704 208,268 243,362 294,525 340,927 382,765 420,758 455,609 487,372 516,530 543,966 568,662 589,568 606,765 620,355 630,213 636,815 640,349 640,092 635,689 627,144 614,425 597,225 575,297 548,453 516,925 480,769 439,324 392,211 $12,656,359 14,904,598 14,621,711 23,910,235 41,424,494 12,918,298 12,353,367 11,900,152 11,460,515 11,088,910 10,684,453 10,325,585 10,027,476 9,752,972 9,475,273 9,309,284 9,110,024 8,915,452 8,683,163 8,492,724 8,256,764 8,084,766 7,911,169 7,736,184 7,571,728 7,406,426 7,263,778 7,113,674 6,976,504 6,826,174 6,686,425 6,561,935 6,436,432 6,317,097 6,200,746 $10,314,294 9,899,943 9,760,001 9,191,369 8,723,452 8,195,228 7,648,436 7,205,329 6,795,500 6,441,881 6,067,542 5,761,649 5,498,909 5,268,425 5,055,776 4,888,113 4,706,532 4,527,404 4,358,348 4,186,934 4,021,855 3,888,683 3,740,961 3,601,849 3,470,564 3,346,585 3,232,223 3,124,188 3,022,266 2,925,485 2,833,494 2,746,107 2,662,920 2,583,598 2,507,971 $0 2,605,063 2,459,228 2,323,602 2,180,286 2,010,575 1,843,763 1,710,549 1,569,840 1,433,044 1,306,779 1,167,912 1,051,256 934,370 808,978 737,251 661,290 595,261 500,403 448,381 365,751 305,929 266,894 225,262 190,191 154,375 130,597 101,922 81,627 54,040 34,299 24,805 15,572 11,361 10,419 $1,731,850 1,700,201 1,667,066 9,704,592 23,020,165 1,561,119 1,526,647 1,492,971 1,459,983 1,427,756 1,396,190 1,365,353 1,335,229 1,305,722 1,276,898 1,248,664 1,221,086 1,194,147 1,167,760 1,141,986 1,116,740 1,092,082 1,067,928 1,044,338 1,021,298 998,729 976,688 955,098 934,014 913,361 893,192 873,436 854,144 835,306 816,853 $478,951 363,504 213,283 67,646 47,961 113,488 158,984 185,413 213,166 253,824 289,080 319,326 345,367 367,948 387,259 403,814 418,412 430,361 438,993 444,520 447,154 446,940 444,347 439,614 432,358 422,466 410,072 395,282 378,027 358,280 336,059 311,638 285,171 256,389 225,206 $12,525,096 14,568,710 14,099,578 21,287,209 33,971,864 11,880,410 11,177,830 10,594,262 10,038,489 9,556,505 9,059,591 8,614,239 8,230,760 7,876,464 7,528,910 7,277,843 7,007,320 6,747,173 6,465,505 6,221,821 5,951,499 5,733,634 5,520,129 5,311,062 5,114,411 4,922,155 4,749,580 4,576,491 4,415,934 4,251,166 4,097,045 3,955,986 3,817,808 3,686,654 3,560,449 Total 227,519,599 32,762,627 93,329,600 15,753,021 369,364,847 182,203,815 28,320,876 72,338,592 11,530,303 294,393,585 Footnotes: (1) (2) (3) (4) (5) Exhibit 8.1 Col (12) Exhibit 9.1 Col (4) Exhibit 9.2 Col (3) Exhibit 10.1 Col (6) Sum of Col (1) through Col (4) (6) (7) (8) (9) (10) Pinnacle Actuarial Resources, Inc. Exhibit 8.1 Col (14) Exhibit 9.1 Col (6) Exhibit 9.2 Col (6) Exhibit 10.1 Col (7) Sum of Col (6) through Col (9) Exhibit 7.2 West Virginia Department of Environmental Protection Office of Special Reclamation Revenues Special Reclamation Water Trust Fund June 30, 2017 Fiscal Year Ending 6/30 Coal Tax (1) Bond Forfeiture (2) Undiscounted Miscellaneous (3) Investment Income (4) Total (5) Coal Tax (6) Bond Forfeiture (7) Discounted Miscellaneous (8) Investment Income (9) Total (10) 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 $12,119,056 11,776,965 11,769,107 11,249,875 10,852,001 10,361,830 9,828,834 9,411,030 9,021,085 8,691,685 8,320,666 8,030,564 7,789,862 7,585,566 7,398,590 7,270,368 7,114,922 6,956,205 6,806,110 6,645,492 6,488,008 6,375,901 6,234,134 6,100,598 5,974,492 5,855,402 5,747,914 5,646,770 5,552,000 5,462,214 5,377,088 5,296,588 5,220,245 5,147,682 5,078,825 $0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 $0 0 0 (10,000,000) (28,000,000) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 $5,454,871 6,128,264 6,359,458 6,029,369 4,686,726 3,408,015 2,927,057 2,653,455 2,551,101 2,507,872 2,438,349 2,346,579 2,237,979 2,114,665 1,978,141 1,829,419 1,670,800 1,498,745 1,310,221 1,104,936 883,303 645,583 391,969 122,877 0 0 0 0 0 0 0 0 0 0 0 $17,573,927 17,905,229 18,128,565 7,279,244 (12,461,274) 13,769,845 12,755,892 12,064,485 11,572,185 11,199,557 10,759,015 10,377,144 10,027,841 9,700,231 9,376,731 9,099,787 8,785,722 8,454,949 8,116,330 7,750,428 7,371,311 7,021,484 6,626,103 6,223,476 5,974,492 5,855,402 5,747,914 5,646,770 5,552,000 5,462,214 5,377,088 5,296,588 5,220,245 5,147,682 5,078,825 $11,487,257 10,581,043 10,022,732 9,081,087 8,303,239 7,514,874 6,756,702 6,132,217 5,571,686 5,088,378 4,617,225 4,223,928 3,883,719 3,584,706 3,314,073 3,086,861 2,863,376 2,653,555 2,460,947 2,277,603 2,107,705 1,963,303 1,819,573 1,687,771 1,566,713 1,455,435 1,354,234 1,261,047 1,175,244 1,095,961 1,022,636 954,811 891,989 833,735 779,699 $0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 $0 0 0 (8,072,167) (21,423,762) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 $5,170,494 5,505,954 5,415,801 4,867,008 3,585,975 2,471,649 2,012,167 1,728,988 1,575,634 1,468,185 1,353,066 1,234,257 1,115,769 999,326 886,075 776,737 672,408 571,720 473,748 378,693 286,951 198,792 114,405 33,995 0 0 0 0 0 0 0 0 0 0 0 $16,657,751 16,086,997 15,438,534 5,875,928 (9,534,549) 9,986,523 8,768,869 7,861,205 7,147,320 6,556,563 5,970,291 5,458,186 4,999,487 4,584,032 4,200,148 3,863,598 3,535,783 3,225,275 2,934,695 2,656,296 2,394,656 2,162,095 1,933,978 1,721,765 1,566,713 1,455,435 1,354,234 1,261,047 1,175,244 1,095,961 1,022,636 954,811 891,989 833,735 779,699 Total 264,557,674 0 (38,000,000) 63,279,756 289,837,429 133,475,064 0 (29,495,929) 42,897,797 146,876,931 Footnotes: (1) (2) (3) (4) (5) Exhibit 8.2 Col (12) Only in Special Reclamation Fund Exhibit 6.2 Col (3) Exhibit 10.2 Col (6) Sum of Col (1) through Col (4) (6) (7) (8) (9) (10) Pinnacle Actuarial Resources, Inc. Exhibit 8.2 Col (14) Only in Special Reclamation Fund Exhibit 6.5 Col (3) Exhibit 10.2 Col (7) Sum of Col (6) through Col (9) Exhibit 8.1 West Virginia Department of Environmental Protection Office of Special Reclamation Coal Tax Revenues Special Reclamation Fund June 30, 2017 Fiscal Year Ending 6/30 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 Coal Production In Tons Ex N Appalachian N Appalachian (1) (2) Total (3) 58,600,000 59,100,000 62,100,000 61,100,000 60,900,000 59,700,000 57,800,000 56,500,000 55,200,000 54,300,000 52,700,000 51,800,000 51,300,000 51,100,000 51,000,000 51,600,000 51,700,000 51,600,000 51,500,000 51,100,000 50,600,000 50,800,000 50,300,000 49,800,000 49,300,000 48,800,000 48,400,000 48,000,000 47,600,000 47,200,000 46,800,000 46,400,000 46,000,000 45,600,000 45,200,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 83,600,000 84,100,000 87,100,000 86,100,000 85,900,000 84,700,000 82,800,000 81,500,000 80,200,000 79,300,000 77,700,000 76,800,000 76,300,000 76,100,000 76,000,000 76,600,000 76,700,000 76,600,000 76,500,000 76,100,000 75,600,000 75,800,000 75,300,000 74,800,000 74,300,000 73,800,000 73,400,000 73,000,000 72,600,000 72,200,000 71,800,000 71,400,000 71,000,000 70,600,000 70,200,000 Total 1,821,500,000 First 20 Years 1,100,700,000 Average / Selection 875,000,000 500,000,000 2,696,500,000 1,600,700,000 Yearly Change (4) Percent of Production Surface Underground (5) (6) 0.963 1.006 1.036 0.989 0.998 0.986 0.978 0.984 0.984 0.989 0.980 0.988 0.993 0.997 0.999 1.008 1.001 0.999 0.999 0.995 0.993 1.003 0.993 0.994 Footnotes: (1) Col (3) - Col (2) (2) Client data (3) "Consensus Coal Production Forecast for West Virginia: 2017" dated September 5, 2017 Years 2041 and subsequent, detrended by average of Col (4) (4) Col (3) / Prior Year Col (3) (5), (6) Client data through Year 2035. Selection for Years 2036 - 2052. (7) Exhibit 26.2 Col (14) 22.25% 20.88% 19.58% 18.34% 17.16% 16.04% 14.97% 13.97% 13.02% 12.12% 11.27% 10.48% 9.73% 9.02% 8.37% 7.75% 7.17% 6.63% 10.00% 77.75% 79.12% 80.42% 81.66% 82.84% 83.96% 85.03% 86.03% 86.98% 87.88% 88.73% 89.52% 90.27% 90.98% 91.63% 92.25% 92.83% 93.37% Current Percent of Acres Surface Underground (7) (8) 96.349% 92.649% 89.071% 85.537% 81.883% 78.159% 74.438% 70.784% 67.238% 63.849% 60.610% 57.523% 54.597% 51.819% 49.152% 46.599% 44.155% 41.833% 39.634% 37.571% 35.627% 33.798% 32.093% 30.489% 28.986% 27.568% 26.231% 24.970% 23.808% 22.717% 21.693% 20.731% 19.824% 18.967% 18.155% Per Ton Coal Extraction Fee (9) 94.886% 89.992% 85.362% 81.000% 76.888% 73.008% 69.352% 66.149% 63.125% 60.233% 57.465% 54.806% 52.274% 49.864% 47.561% 45.389% 43.331% 41.395% 39.553% 37.798% 36.124% 34.534% 33.017% 31.576% 30.203% 28.895% 27.663% 26.497% 25.397% 24.347% 23.343% 22.387% 21.473% 20.597% 19.760% $0.129 0.129 0.129 0.129 0.129 0.129 0.129 0.129 0.129 0.129 0.129 0.129 0.129 0.129 0.129 0.129 0.129 0.129 0.129 0.129 0.129 0.129 0.129 0.129 0.129 0.129 0.129 0.129 0.129 0.129 0.129 0.129 0.129 0.129 0.129 Ex N Appalachian (10) Coal Tax Revenue N Appalachian (11) $7,197,388 6,903,190 6,896,432 6,449,892 6,107,721 5,686,174 5,227,797 4,868,486 4,533,133 4,249,849 3,930,773 3,681,285 3,474,281 3,298,587 3,137,787 3,027,516 2,893,833 2,757,336 2,628,254 2,490,123 2,354,687 2,258,275 2,136,355 2,021,515 1,913,063 1,810,646 1,718,206 1,631,222 1,549,720 1,472,504 1,399,296 1,330,065 1,264,411 1,202,007 1,142,789 $3,225,000 3,225,000 3,225,000 3,225,000 3,225,000 3,225,000 3,225,000 3,225,000 3,225,000 3,225,000 3,225,000 3,225,000 3,225,000 3,225,000 3,225,000 3,225,000 3,225,000 3,225,000 3,225,000 3,225,000 3,225,000 3,225,000 3,225,000 3,225,000 3,225,000 3,225,000 3,225,000 3,225,000 3,225,000 3,225,000 3,225,000 3,225,000 3,225,000 3,225,000 3,225,000 $10,422,388 10,128,190 10,121,432 9,674,892 9,332,721 8,911,174 8,452,797 8,093,486 7,758,133 7,474,849 7,155,773 6,906,285 6,699,281 6,523,587 6,362,787 6,252,516 6,118,833 5,982,336 5,853,254 5,715,123 5,579,687 5,483,275 5,361,355 5,246,515 5,138,063 5,035,646 4,943,206 4,856,222 4,774,720 4,697,504 4,624,296 4,555,065 4,489,411 4,427,007 4,367,789 114,644,599 89,439,840 112,875,000 64,500,000 227,519,599 153,939,840 Total (12) Discount Factor (13) 98.963% 97.746% 96.429% 95.002% 93.472% 91.966% 90.484% 89.026% 87.592% 86.181% 84.792% 83.426% 82.082% 80.760% 79.459% 78.178% 76.919% 75.680% 74.460% 73.261% 72.080% 70.919% 69.776% 68.652% 67.546% 66.458% 65.387% 64.334% 63.297% 62.277% 61.274% 60.287% 59.316% 58.360% 57.420% 90.00% (8) (9) (10) (11) (12) (13) (14) Pinnacle Actuarial Resources, Inc. Exhibit 26.3 Col (14) Client data [Col (1) x Col (5) x Col (7) x Col (9)] + [Col (1) x Col (6) x Col (8) x Col (9)] Col (2) x Col (9) Col (10) + Col (11) Exhibit 10.1 Col (4) Col (12) x Col (13) Discounted Tax Revenue (14) $10,314,294 9,899,943 9,760,001 9,191,369 8,723,452 8,195,228 7,648,436 7,205,329 6,795,500 6,441,881 6,067,542 5,761,649 5,498,909 5,268,425 5,055,776 4,888,113 4,706,532 4,527,404 4,358,348 4,186,934 4,021,855 3,888,683 3,740,961 3,601,849 3,470,564 3,346,585 3,232,223 3,124,188 3,022,266 2,925,485 2,833,494 2,746,107 2,662,920 2,583,598 2,507,971 182,203,815 134,495,064 Exhibit 8.2 West Virginia Department of Environmental Protection Office of Special Reclamation Coal Tax Revenues Special Reclamation Water Trust Fund June 30, 2017 Fiscal Year Ending 6/30 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 Coal Production In Tons Ex N Appalachian N Appalachian (1) (2) Total (3) 58,600,000 59,100,000 62,100,000 61,100,000 60,900,000 59,700,000 57,800,000 56,500,000 55,200,000 54,300,000 52,700,000 51,800,000 51,300,000 51,100,000 51,000,000 51,600,000 51,700,000 51,600,000 51,500,000 51,100,000 50,600,000 50,800,000 50,300,000 49,800,000 49,300,000 48,800,000 48,400,000 48,000,000 47,600,000 47,200,000 46,800,000 46,400,000 46,000,000 45,600,000 45,200,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 83,600,000 84,100,000 87,100,000 86,100,000 85,900,000 84,700,000 82,800,000 81,500,000 80,200,000 79,300,000 77,700,000 76,800,000 76,300,000 76,100,000 76,000,000 76,600,000 76,700,000 76,600,000 76,500,000 76,100,000 75,600,000 75,800,000 75,300,000 74,800,000 74,300,000 73,800,000 73,400,000 73,000,000 72,600,000 72,200,000 71,800,000 71,400,000 71,000,000 70,600,000 70,200,000 Total 1,821,500,000 First 20 Years 1,100,700,000 Average / Selection 875,000,000 500,000,000 2,696,500,000 1,600,700,000 Yearly Change (4) Percent of Production Surface Underground (5) (6) 0.963 1.006 1.036 0.989 0.998 0.986 0.978 0.984 0.984 0.989 0.980 0.988 0.993 0.997 0.999 1.008 1.001 0.999 0.999 0.995 0.993 1.003 0.993 0.994 Footnotes: (1) Col (3) - Col (2) (2) Client data (3) "Consensus Coal Production Forecast for West Virginia: 2017" dated September 5, 2017 Years 2041 and subsequent, detrended by average of Col (4) (4) Col (3) / Prior Year Col (3) (5), (6) Client data through Year 2035. Selection for Years 2036 - 2052. (7) Exhibit 26.2 Col (14) 22.25% 20.88% 19.58% 18.34% 17.16% 16.04% 14.97% 13.97% 13.02% 12.12% 11.27% 10.48% 9.73% 9.02% 8.37% 7.75% 7.17% 6.63% 10.00% 77.75% 79.12% 80.42% 81.66% 82.84% 83.96% 85.03% 86.03% 86.98% 87.88% 88.73% 89.52% 90.27% 90.98% 91.63% 92.25% 92.83% 93.37% Current Percent of Acres Surface Underground (7) (8) 96.349% 92.649% 89.071% 85.537% 81.883% 78.159% 74.438% 70.784% 67.238% 63.849% 60.610% 57.523% 54.597% 51.819% 49.152% 46.599% 44.155% 41.833% 39.634% 37.571% 35.627% 33.798% 32.093% 30.489% 28.986% 27.568% 26.231% 24.970% 23.808% 22.717% 21.693% 20.731% 19.824% 18.967% 18.155% Per Ton Coal Extraction Fee (9) 94.886% 89.992% 85.362% 81.000% 76.888% 73.008% 69.352% 66.149% 63.125% 60.233% 57.465% 54.806% 52.274% 49.864% 47.561% 45.389% 43.331% 41.395% 39.553% 37.798% 36.124% 34.534% 33.017% 31.576% 30.203% 28.895% 27.663% 26.497% 25.397% 24.347% 23.343% 22.387% 21.473% 20.597% 19.760% $0.150 0.150 0.150 0.150 0.150 0.150 0.150 0.150 0.150 0.150 0.150 0.150 0.150 0.150 0.150 0.150 0.150 0.150 0.150 0.150 0.150 0.150 0.150 0.150 0.150 0.150 0.150 0.150 0.150 0.150 0.150 0.150 0.150 0.150 0.150 Ex N Appalachian (10) Coal Tax Revenue N Appalachian (11) $8,369,056 8,026,965 8,019,107 7,499,875 7,102,001 6,611,830 6,078,834 5,661,030 5,271,085 4,941,685 4,570,666 4,280,564 4,039,862 3,835,566 3,648,590 3,520,368 3,364,922 3,206,205 3,056,110 2,895,492 2,738,008 2,625,901 2,484,134 2,350,598 2,224,492 2,105,402 1,997,914 1,896,770 1,802,000 1,712,214 1,627,088 1,546,588 1,470,245 1,397,682 1,328,825 $3,750,000 3,750,000 3,750,000 3,750,000 3,750,000 3,750,000 3,750,000 3,750,000 3,750,000 3,750,000 3,750,000 3,750,000 3,750,000 3,750,000 3,750,000 3,750,000 3,750,000 3,750,000 3,750,000 3,750,000 3,750,000 3,750,000 3,750,000 3,750,000 3,750,000 3,750,000 3,750,000 3,750,000 3,750,000 3,750,000 3,750,000 3,750,000 3,750,000 3,750,000 3,750,000 $12,119,056 11,776,965 11,769,107 11,249,875 10,852,001 10,361,830 9,828,834 9,411,030 9,021,085 8,691,685 8,320,666 8,030,564 7,789,862 7,585,566 7,398,590 7,270,368 7,114,922 6,956,205 6,806,110 6,645,492 6,488,008 6,375,901 6,234,134 6,100,598 5,974,492 5,855,402 5,747,914 5,646,770 5,552,000 5,462,214 5,377,088 5,296,588 5,220,245 5,147,682 5,078,825 133,307,674 103,999,813 131,250,000 75,000,000 264,557,674 178,999,813 Total (12) Discount Factor (13) 94.787% 89.845% 85.161% 80.722% 76.513% 72.525% 68.744% 65.160% 61.763% 58.543% 55.491% 52.598% 49.856% 47.257% 44.793% 42.458% 40.245% 38.147% 36.158% 34.273% 32.486% 30.793% 29.187% 27.666% 26.223% 24.856% 23.560% 22.332% 21.168% 20.064% 19.018% 18.027% 17.087% 16.196% 15.352% 90.00% (8) (9) (10) (11) (12) (13) (14) Pinnacle Actuarial Resources, Inc. Exhibit 26.3 Col (14) Client data [Col (1) x Col (5) x Col (7) x Col (9)] + [Col (1) x Col (6) x Col (8) x Col (9)] Col (2) x Col (9) Col (10) + Col (11) Exhibit 10.2 Col (4) Col (12) x Col (13) Discounted Tax Revenue (14) $11,487,257 10,581,043 10,022,732 9,081,087 8,303,239 7,514,874 6,756,702 6,132,217 5,571,686 5,088,378 4,617,225 4,223,928 3,883,719 3,584,706 3,314,073 3,086,861 2,863,376 2,653,555 2,460,947 2,277,603 2,107,705 1,963,303 1,819,573 1,687,771 1,566,713 1,455,435 1,354,234 1,261,047 1,175,244 1,095,961 1,022,636 954,811 891,989 833,735 779,699 133,475,064 113,505,208 Exhibit 9.1 West Virginia Department of Environmental Protection Office of Special Reclamation Bond Forfeiture Revenues Special Reclamation Fund June 30, 2017 Fiscal Year Ending 6/30 Surface (1) Bond Forfeiture Revenues by Mine Type Underground Other (2) (3) Total (4) 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 $0 1,855,439 1,778,781 1,703,423 1,608,648 1,498,547 1,378,286 1,295,639 1,198,106 1,109,503 1,029,536 944,739 865,632 777,997 676,123 619,633 571,564 524,789 462,439 419,526 345,040 288,566 255,973 213,484 181,644 146,076 122,921 108,231 86,375 56,221 35,113 21,381 9,741 4,432 4,228 $0 558,202 536,286 520,791 504,898 474,099 454,090 424,536 397,499 367,271 349,418 305,972 281,618 259,347 232,889 221,895 191,713 171,073 122,147 111,402 94,795 79,688 66,871 59,248 48,837 41,162 34,715 17,620 11,788 7,264 6,328 5,712 5,604 5,490 5,351 $0 251,483 235,231 221,624 219,016 213,576 205,291 201,223 196,616 186,061 162,200 149,224 133,487 119,632 109,102 101,510 96,448 90,693 87,454 81,108 67,586 63,124 59,656 55,389 51,092 45,052 42,092 32,576 30,796 23,287 14,535 14,052 10,907 9,544 8,567 $0 2,665,123 2,550,298 2,445,838 2,332,563 2,186,222 2,037,666 1,921,398 1,792,220 1,662,836 1,541,154 1,399,935 1,280,737 1,156,976 1,018,114 943,038 859,725 786,555 672,041 612,035 507,421 431,378 382,499 328,121 281,573 232,291 199,728 158,427 128,959 86,773 55,977 41,145 26,252 19,466 18,146 Total First 20 Years 22,197,775 20,318,350 6,975,619 6,485,144 3,589,233 3,060,978 32,762,627 29,864,472 Footnotes: (1) (2) (3) (4) (5) (6) [Exhibit 27.2 Col (4) - Exhibit 27.2 Col (12)] One Year Delay [Exhibit 27.3 Col (4) - Exhibit 27.3 Col (12)] One Year Delay [Exhibit 27.4 Col (4) - Exhibit 27.4 Col (12)] One Year Delay Sum of Col (1) through Col (3) Exhibit 10.1 Col (4) Col (4) x Col (5) Pinnacle Actuarial Resources, Inc. Discount Factors (5) 98.963% 97.746% 96.429% 95.002% 93.472% 91.966% 90.484% 89.026% 87.592% 86.181% 84.792% 83.426% 82.082% 80.760% 79.459% 78.178% 76.919% 75.680% 74.460% 73.261% 72.080% 70.919% 69.776% 68.652% 67.546% 66.458% 65.387% 64.334% 63.297% 62.277% 61.274% 60.287% 59.316% 58.360% 57.420% Discounted Bond Revenues (6) $0 2,605,063 2,459,228 2,323,602 2,180,286 2,010,575 1,843,763 1,710,549 1,569,840 1,433,044 1,306,779 1,167,912 1,051,256 934,370 808,978 737,251 661,290 595,261 500,403 448,381 365,751 305,929 266,894 225,262 190,191 154,375 130,597 101,922 81,627 54,040 34,299 24,805 15,572 11,361 10,419 28,320,876 26,347,831 Exhibit 9.2 West Virginia Department of Environmental Protection Office of Special Reclamation Miscellaneous Revenues Special Reclamation Fund June 30, 2017 Fiscal Year Ending 6/30 Civil Penalties & Other Revenue (1) Fund Transfer (2) Total Misc Revenue (3) 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 $1,750,000 1,739,400 1,728,800 1,718,300 1,707,900 1,697,500 1,687,200 1,677,000 1,666,800 1,656,700 1,646,600 1,636,600 1,626,700 1,616,800 1,607,000 1,597,200 1,587,500 1,577,900 1,568,300 1,558,800 1,549,300 1,539,900 1,530,500 1,521,200 1,512,000 1,502,800 1,493,700 1,484,600 1,475,600 1,466,600 1,457,700 1,448,800 1,440,000 1,431,300 1,422,600 $0 0 0 10,000,000 28,000,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 $1,750,000 1,739,400 1,728,800 11,718,300 29,707,900 1,697,500 1,687,200 1,677,000 1,666,800 1,656,700 1,646,600 1,636,600 1,626,700 1,616,800 1,607,000 1,597,200 1,587,500 1,577,900 1,568,300 1,558,800 1,549,300 1,539,900 1,530,500 1,521,200 1,512,000 1,502,800 1,493,700 1,484,600 1,475,600 1,466,600 1,457,700 1,448,800 1,440,000 1,431,300 1,422,600 Total First 20 Years 55,329,600 33,053,000 38,000,000 38,000,000 93,329,600 71,053,000 Footnotes: (1) (2) (3) (4) (5) (6) SRF Discount Factors (4) Year 2018 = Client data Years 2019 and Subsequent = Prior Col (1) x Exhibit 8.1 Average of Col (4) Exhibit 6.1 Col (3) Col (1) + Col (2) Exhibit 10.1 Col (4) Exhibit 10.2 Col (4) [Col (1) x Col (4)] + [Col (2) x Col (5)] Pinnacle Actuarial Resources, Inc. 98.963% 97.746% 96.429% 95.002% 93.472% 91.966% 90.484% 89.026% 87.592% 86.181% 84.792% 83.426% 82.082% 80.760% 79.459% 78.178% 76.919% 75.680% 74.460% 73.261% 72.080% 70.919% 69.776% 68.652% 67.546% 66.458% 65.387% 64.334% 63.297% 62.277% 61.274% 60.287% 59.316% 58.360% 57.420% SRWTF Discount Factors (5) 94.787% 89.845% 85.161% 80.722% 76.513% 72.525% 68.744% 65.160% 61.763% 58.543% 55.491% 52.598% 49.856% 47.257% 44.793% 42.458% 40.245% 38.147% 36.158% 34.273% 32.486% 30.793% 29.187% 27.666% 26.223% 24.856% 23.560% 22.332% 21.168% 20.064% 19.018% 18.027% 17.087% 16.196% 15.352% Discounted Misc. Revenue (6) $1,731,850 1,700,201 1,667,066 9,704,592 23,020,165 1,561,119 1,526,647 1,492,971 1,459,983 1,427,756 1,396,190 1,365,353 1,335,229 1,305,722 1,276,898 1,248,664 1,221,086 1,194,147 1,167,760 1,141,986 1,116,740 1,092,082 1,067,928 1,044,338 1,021,298 998,729 976,688 955,098 934,014 913,361 893,192 873,436 854,144 835,306 816,853 72,338,592 57,945,384 Exhibit 10.1 West Virginia Department of Environmental Protection Office of Special Reclamation Projected Investment Rates Special Reclamation Fund June 30, 2017 Fiscal Year Ending 6/30 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 Money Market (1) 0.400% 0.475% 0.521% 0.573% 0.625% 0.625% 0.625% 0.625% 0.625% 0.625% 0.625% 0.625% 0.625% 0.625% 0.625% 0.625% 0.625% 0.625% 0.625% 0.625% 0.625% 0.625% 0.625% 0.625% 0.625% 0.625% 0.625% 0.625% 0.625% 0.625% 0.625% 0.625% 0.625% 0.625% 0.625% Investment Rates Short Term SRF Bond Blend (2) (3) 1.120% 1.330% 1.460% 1.605% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.048% 1.245% 1.366% 1.502% 1.638% 1.638% 1.638% 1.638% 1.638% 1.638% 1.638% 1.638% 1.638% 1.638% 1.638% 1.638% 1.638% 1.638% 1.638% 1.638% 1.638% 1.638% 1.638% 1.638% 1.638% 1.638% 1.638% 1.638% 1.638% 1.638% 1.638% 1.638% 1.638% 1.638% 1.638% Discount Factors (4) 98.963% 97.746% 96.429% 95.002% 93.472% 91.966% 90.484% 89.026% 87.592% 86.181% 84.792% 83.426% 82.082% 80.760% 79.459% 78.178% 76.919% 75.680% 74.460% 73.261% 72.080% 70.919% 69.776% 68.652% 67.546% 66.458% 65.387% 64.334% 63.297% 62.277% 61.274% 60.287% 59.316% 58.360% 57.420% Total First 20 Years Footnotes: (1) (2) (3) (4) (5) (6) (7) Investable Amounts and Returns Investable Investment Discounted Amounts Income Income (5) (6) (7) $46,180,372 29,882,244 16,190,207 4,741,224 3,133,493 7,536,011 10,730,028 12,718,644 14,861,801 17,986,267 20,819,984 23,374,947 25,695,140 27,823,444 29,763,181 31,543,811 33,219,301 34,727,442 36,004,125 37,054,342 37,884,295 38,486,272 38,889,478 39,105,259 39,089,609 38,820,724 38,298,868 37,522,121 36,471,776 35,132,619 33,493,309 31,567,963 29,359,963 26,828,938 23,951,797 $483,970 371,885 221,181 71,205 51,311 123,402 175,704 208,268 243,362 294,525 340,927 382,765 420,758 455,609 487,372 516,530 543,966 568,662 589,568 606,765 620,355 630,213 636,815 640,349 640,092 635,689 627,144 614,425 597,225 575,297 548,453 516,925 480,769 439,324 392,211 $478,951 363,504 213,283 67,646 47,961 113,488 158,984 185,413 213,166 253,824 289,080 319,326 345,367 367,948 387,259 403,814 418,412 430,361 438,993 444,520 447,154 446,940 444,347 439,614 432,358 422,466 410,072 395,282 378,027 358,280 336,059 311,638 285,171 256,389 225,206 988,888,998 463,986,008 15,753,021 7,157,734 11,530,303 5,941,299 Year 2018 = Client data. Years 2019 and Subsequent = [Year 2017 Col (1) / Year 2017 Col (2)] x Col (2) Based on West Virginia Short Term Bond Pool Return and US Treasury Returns in Summer of 2017 [Col (1) x 10%] + [[Col (2) x 90%] Year 2018 = 1 / (1 + Col (3)). Years 2019 and Subsequent = Prior Col (3) x [1 / (1 + Col (3))]. Maximum of Zero and {Exhibit 6.1 Col (4) + 0.5 x [Sum of Exhibit 7.1 Col (1) through Exhibit 7.1 Col (3) - Exhibit 6.1 Col (1)]} Col (3) x Col (5) Col (4) x Col (6) Pinnacle Actuarial Resources, Inc. Exhibit 10.2 West Virginia Department of Environmental Protection Office of Special Reclamation Projected Investment Rates Special Reclamation Water Trust Fund June 30, 2017 Fiscal Year Ending 6/30 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 Short Term Yield (1) 1.120% 1.330% 1.460% 1.605% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% 1.750% Investment Rates IMB SRWTF Yield Selection (2) (3) 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% Discount Factors (4) 94.787% 89.845% 85.161% 80.722% 76.513% 72.525% 68.744% 65.160% 61.763% 58.543% 55.491% 52.598% 49.856% 47.257% 44.793% 42.458% 40.245% 38.147% 36.158% 34.273% 32.486% 30.793% 29.187% 27.666% 26.223% 24.856% 23.560% 22.332% 21.168% 20.064% 19.018% 18.027% 17.087% 16.196% 15.352% Total First 20 Years Footnotes: (1) (2) (3) (4) (5) (6) (7) Investable Amounts and Returns Investable Investment Discounted Amounts Income Income (5) (6) (7) $99,179,477 111,422,988 115,626,513 109,624,898 85,213,194 61,963,906 53,219,225 48,244,638 46,383,647 45,597,673 44,333,627 42,665,079 40,690,536 38,448,455 35,966,194 33,262,172 30,378,180 27,249,906 23,822,192 20,089,741 16,060,055 11,737,871 7,126,716 2,234,135 0 0 0 0 0 0 0 0 0 0 0 $5,454,871 6,128,264 6,359,458 6,029,369 4,686,726 3,408,015 2,927,057 2,653,455 2,551,101 2,507,872 2,438,349 2,346,579 2,237,979 2,114,665 1,978,141 1,829,419 1,670,800 1,498,745 1,310,221 1,104,936 883,303 645,583 391,969 122,877 0 0 0 0 0 0 0 0 0 0 0 $5,170,494 5,505,954 5,415,801 4,867,008 3,585,975 2,471,649 2,012,167 1,728,988 1,575,634 1,468,185 1,353,066 1,234,257 1,115,769 999,326 886,075 776,737 672,408 571,720 473,748 378,693 286,951 198,792 114,405 33,995 0 0 0 0 0 0 0 0 0 0 0 1,150,541,015 1,113,382,239 63,279,756 61,236,023 42,897,797 42,263,654 Exhibit 10.1 Col (2) Year 2018 = Client data. Years 2019 and Subsequent = [Year 2017 Col (2) / Year 2017 Col (1)] x Col (1). Capped at 5.5%. Selection based on Col (2) and client recommendation Year 2018 = 1 / (1 + Col (3)). Years 2019 and Subsequent = Prior Col (3) x [1 / (1 + Col (3))] Maximum of Zero and {Exhibit 6.2 Col (4) + 0.5 x [Sum of Exhibit 7.2 Col (1) through Exhibit 7.2 Col (3) - Exhibit 6.2 Col (1)]} Col (3) x Col (5) Col (4) x Col (6) Pinnacle Actuarial Resources, Inc. Exhibit 11.1 West Virginia Department of Environmental Protection Office of Special Reclamation Expenditures Special Reclamation Fund June 30, 2017 Fiscal Year Ending 6/30 Land (1) Water Capital (2) Undiscounted Water Treatment (3) Administrative (4) Total (5) Land (6) Water Capital (7) Discounted Water Treatment (8) Administrative (9) Total (10) Prior 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 $0 5,158,064 5,287,015 5,680,905 8,618,319 11,452,859 5,555,050 5,359,588 6,729,941 3,910,500 3,688,046 3,461,174 3,219,483 3,002,253 2,750,202 2,538,176 2,326,475 2,075,043 1,950,903 1,786,129 1,646,197 1,455,085 1,338,683 1,140,270 986,900 874,929 763,428 660,604 555,681 483,183 395,460 329,596 225,186 152,268 119,494 86,922 $0 18,818,085 19,288,537 19,770,750 20,265,019 20,771,645 $0 4,888,589 $0 3,364,044 3,464,965 3,568,914 3,675,981 3,786,261 3,899,849 4,016,844 4,137,350 4,261,470 4,389,314 4,520,994 4,656,623 4,796,322 4,940,212 5,088,418 5,241,071 5,398,303 5,560,252 5,727,059 5,898,871 6,075,837 6,258,112 6,445,856 6,639,231 6,838,408 7,043,561 7,254,867 7,472,513 7,696,689 7,927,590 8,165,417 8,410,380 8,662,691 8,922,572 9,190,249 $0 32,228,782 28,040,517 29,020,570 32,559,320 36,010,765 9,454,898 9,376,432 10,867,291 8,171,970 8,077,360 7,982,168 7,876,107 7,798,575 7,690,414 7,626,594 7,567,545 7,473,345 7,511,155 7,513,188 7,545,068 7,530,922 7,596,796 7,586,126 7,626,131 7,713,338 7,806,989 7,915,471 8,028,195 8,179,872 8,323,049 8,495,013 8,635,566 8,814,959 9,042,066 9,277,171 $0 5,104,568 5,167,868 5,478,043 8,187,601 10,705,181 5,108,743 4,849,574 5,991,416 3,425,283 3,178,385 2,934,808 2,685,891 2,464,312 2,221,053 2,016,797 1,818,799 1,596,098 1,476,434 1,329,956 1,206,014 1,048,829 949,381 795,640 677,529 590,981 507,358 431,950 357,491 305,841 246,282 201,957 135,758 90,318 69,737 49,910 $0 18,622,917 18,853,853 19,064,748 19,252,233 19,415,608 $0 4,837,888 $0 3,329,154 3,386,879 3,441,470 3,492,267 3,539,082 3,586,525 3,634,604 3,683,328 3,732,705 3,782,744 3,833,453 3,884,842 3,936,921 3,989,697 4,043,181 4,097,381 4,152,309 4,207,973 4,264,383 4,321,549 4,379,481 4,438,190 4,497,686 4,557,980 4,619,082 4,681,003 4,743,754 4,807,346 4,871,791 4,937,100 5,003,284 5,070,356 5,138,326 5,207,208 5,277,013 $0 31,894,527 27,408,600 27,984,261 30,932,100 33,659,871 8,695,269 8,484,178 9,674,744 7,157,988 6,961,129 6,768,261 6,570,734 6,401,232 6,210,750 6,059,977 5,916,181 5,748,407 5,684,407 5,594,338 5,527,563 5,428,310 5,387,571 5,293,326 5,235,509 5,210,063 5,188,361 5,175,704 5,164,837 5,177,633 5,183,382 5,205,241 5,206,113 5,228,645 5,276,945 5,326,923 Total 95,764,012 98,914,036 4,888,589 203,397,090 402,963,727 83,405,786 95,209,358 4,837,888 148,570,046 332,023,079 Footnotes: (1) (2) (3) (4) (5) Exhibit 12.1 Col (8) Exhibit 12.2 Col (8) Exhibit 12.3 Col (8) Exhibit 16.1 Col (1) Sum of Col (1) through Col (4) (6) (7) (8) (9) (10) Pinnacle Actuarial Resources, Inc. Exhibit 12.1 Col (11) Exhibit 12.2 Col (11) Exhibit 12.3 Col (11) Exhibit 16.1 Col (3) Sum of Col (6) through Col (9) Exhibit 11.2 West Virginia Department of Environmental Protection Office of Special Reclamation Expenditures Special Reclamation Water Trust Fund June 30, 2017 Fiscal Year Ending 6/30 Land (1) Water Capital (2) Undiscounted Water Treatment (3) Administrative (4) Total (5) Land (6) Water Capital (7) Discounted Water Treatment (8) Administrative (9) Total (10) Prior 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 $0 0 4,847,014 11,460,581 14,775,606 18,069,328 18,154,423 12,756,312 7,471,852 4,401,874 4,156,099 3,898,321 3,634,686 3,410,748 3,137,440 2,903,681 2,663,515 2,376,791 2,234,288 2,049,615 1,895,894 1,670,169 1,536,637 1,301,689 1,116,439 989,870 856,057 737,002 613,121 528,136 438,424 358,369 241,217 161,381 117,089 76,579 $0 0 5,471,726 5,616,231 5,888,710 6,250,377 6,611,732 6,973,590 7,841,399 7,745,883 8,083,063 8,418,705 8,613,313 8,803,924 8,983,438 9,153,449 9,312,638 9,459,169 9,599,027 9,732,303 9,859,132 9,977,550 10,090,528 10,194,655 10,291,049 10,382,760 10,468,814 10,550,347 10,626,928 10,699,949 10,769,672 10,836,274 10,898,502 10,957,585 11,014,848 11,070,390 $0 0 10,318,740 17,076,812 20,664,316 24,319,705 24,766,154 19,729,902 15,313,250 12,147,757 12,239,162 12,317,026 12,247,999 12,214,672 12,120,878 12,057,130 11,976,153 11,835,960 11,833,314 11,781,918 11,755,026 11,647,719 11,627,165 11,496,345 11,407,489 11,372,630 11,324,871 11,287,349 11,240,049 11,228,085 11,208,096 11,194,643 11,139,719 11,118,966 11,131,937 11,146,969 $0 0 4,354,811 9,759,987 11,927,117 13,825,464 13,166,419 8,769,158 4,868,650 2,718,726 2,433,108 2,163,219 1,911,778 1,700,465 1,482,658 1,300,655 1,130,878 956,531 852,305 741,098 649,778 542,574 473,170 379,928 308,870 259,577 212,784 173,641 136,923 111,796 87,967 68,156 43,484 27,575 18,964 11,756 $0 0 4,916,086 4,782,859 4,753,465 4,782,378 4,795,131 4,793,903 5,109,446 4,784,084 4,732,072 4,671,628 4,530,443 4,389,290 4,245,297 4,100,132 3,953,970 3,806,810 3,661,701 3,518,997 3,379,010 3,241,322 3,107,132 2,975,541 2,847,086 2,722,709 2,602,157 2,485,709 2,373,225 2,264,959 2,160,870 2,060,885 1,964,663 1,872,336 1,784,000 1,699,522 $0 0 9,270,897 14,542,847 16,680,582 18,607,842 17,961,550 13,563,061 9,978,097 7,502,810 7,165,180 6,834,847 6,442,221 6,089,755 5,727,955 5,400,787 5,084,848 4,763,341 4,514,006 4,260,095 4,028,788 3,783,896 3,580,302 3,355,469 3,155,957 2,982,287 2,814,941 2,659,350 2,510,148 2,376,755 2,248,837 2,129,041 2,008,147 1,899,911 1,802,964 1,711,279 Total 135,040,248 311,247,658 446,287,906 87,569,971 119,868,822 207,438,793 Footnotes: (1) (2) (3) (4) (5) Exhibit 12.4 Col (8) Exhibit 12.5 Col (8) Sum of Col (1) through Col (4) (6) (7) (8) (9) (10) Pinnacle Actuarial Resources, Inc. Exhibit 12.4 Col (11) Exhibit 12.5 Col (11) Sum of Col (6) through Col (9) Exhibit 12.1 West Virginia Department of Environmental Protection Office of Special Reclamation Reclamation Expenditures Special Reclamation Fund Land June 30, 2017 Fiscal Year Ending 6/30 Current (1) Prior 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 $22,133,065 3,340,797 0 1,230,236 334,485 Total First 20 Yrs 27,038,581 27,038,581 Footnotes: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) Payout Pattern (2) 20% 20% 20% 20% 20% Nominal Cost Current (3) Future (4) Total (5) Current (6) Inflated Cost Future (7) Total (8) Current (9) Discounted Cost Future (10) Total (11) $5,094,772 5,094,772 5,340,819 5,407,716 5,407,716 312,944 312,944 66,897 $0 0 0 2,497,050 4,840,695 4,536,664 4,251,903 5,525,298 3,170,147 2,916,887 2,670,686 2,423,604 2,204,951 1,970,573 1,774,295 1,586,640 1,380,649 1,266,391 1,131,153 1,017,107 877,100 787,254 654,216 552,411 477,791 406,733 343,367 281,786 239,046 190,875 155,204 103,452 68,247 52,251 37,082 $5,094,772 5,094,772 5,340,819 7,904,766 10,248,411 4,849,609 4,564,848 5,592,194 3,170,147 2,916,887 2,670,686 2,423,604 2,204,951 1,970,573 1,774,295 1,586,640 1,380,649 1,266,391 1,131,153 1,017,107 877,100 787,254 654,216 552,411 477,791 406,733 343,367 281,786 239,046 190,875 155,204 103,452 68,247 52,251 37,082 $5,158,064 5,287,015 5,680,905 5,895,864 6,043,260 358,466 367,428 80,507 $0 0 0 2,722,456 5,409,599 5,196,584 4,992,160 6,649,434 3,910,500 3,688,046 3,461,174 3,219,483 3,002,253 2,750,202 2,538,176 2,326,475 2,075,043 1,950,903 1,786,129 1,646,197 1,455,085 1,338,683 1,140,270 986,900 874,929 763,428 660,604 555,681 483,183 395,460 329,596 225,186 152,268 119,494 86,922 $5,158,064 5,287,015 5,680,905 8,618,319 11,452,859 5,555,050 5,359,588 6,729,941 3,910,500 3,688,046 3,461,174 3,219,483 3,002,253 2,750,202 2,538,176 2,326,475 2,075,043 1,950,903 1,786,129 1,646,197 1,455,085 1,338,683 1,140,270 986,900 874,929 763,428 660,604 555,681 483,183 395,460 329,596 225,186 152,268 119,494 86,922 $5,104,568 5,167,868 5,478,043 5,601,206 5,648,738 329,666 332,464 71,673 $0 0 0 2,586,395 5,056,444 4,779,077 4,517,110 5,919,743 3,425,283 3,178,385 2,934,808 2,685,891 2,464,312 2,221,053 2,016,797 1,818,799 1,596,098 1,476,434 1,329,956 1,206,014 1,048,829 949,381 795,640 677,529 590,981 507,358 431,950 357,491 305,841 246,282 201,957 135,758 90,318 69,737 49,910 $5,104,568 5,167,868 5,478,043 8,187,601 10,705,181 5,108,743 4,849,574 5,991,416 3,425,283 3,178,385 2,934,808 2,685,891 2,464,312 2,221,053 2,016,797 1,818,799 1,596,098 1,476,434 1,329,956 1,206,014 1,048,829 949,381 795,640 677,529 590,981 507,358 431,950 357,491 305,841 246,282 201,957 135,758 90,318 69,737 49,910 27,038,581 27,038,581 50,391,508 45,164,693 77,430,089 72,203,274 28,871,509 28,871,509 66,892,502 57,324,813 95,764,012 86,196,322 27,734,224 27,734,224 55,671,562 49,212,600 83,405,786 76,946,824 Client Data. Forfeitures occurring on June 30, 2017 and prior. Selection Col (1) x Col (2) payout pattern Exhibit 27.1 Col (8) Col (3) + Col (4) Col (3) x 2.5% annual inflation from Exhibit 15.1 Row (1) Col (4) x 2.5% annual inflation from Exhibit 15.1 Row (1) Col (6) + Col (7) Col (6) x Exhibit 10.1 Col (4) Col (7) x Exhibit 10.1 Col (4) Col (9) + Col (10) Pinnacle Actuarial Resources, Inc. Exhibit 12.2 West Virginia Department of Environmental Protection Office of Special Reclamation Reclamation Expenditures Special Reclamation Fund Water Capital June 30, 2017 Fiscal Year Ending 6/30 Current (1) Prior 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 $47,654,558 45,281,338 0 0 0 Total Yrs 2018 & Prior Yrs 2019 - 2037 Yrs 2019 - 2052 92,935,896 92,935,896 0 0 Footnotes: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) Payout Pattern (2) 20% 20% 20% 20% 20% Nominal Cost Current (3) Future (4) Total (5) Current (6) Inflated Cost Future (7) Total (8) Current (9) Discounted Cost Future (10) Total (11) $18,587,179 18,587,179 18,587,179 18,587,179 18,587,179 $0 0 0 0 0 $18,587,179 18,587,179 18,587,179 18,587,179 18,587,179 $18,818,085 19,288,537 19,770,750 20,265,019 20,771,645 $0 0 0 0 0 $18,818,085 19,288,537 19,770,750 20,265,019 20,771,645 $18,622,917 18,853,853 19,064,748 19,252,233 19,415,608 $0 0 0 0 0 $18,622,917 18,853,853 19,064,748 19,252,233 19,415,608 92,935,896 18,587,179 74,348,717 74,348,717 0 0 0 0 92,935,896 18,587,179 74,348,717 74,348,717 98,914,036 18,818,085 80,095,951 80,095,951 0 0 0 0 98,914,036 18,818,085 80,095,951 80,095,951 95,209,358 18,622,917 76,586,442 76,586,442 0 0 0 0 95,209,358 18,622,917 76,586,442 76,586,442 Client Data. Forfeitures occurring on June 30, 2017 and prior. Selection of amount of Current Expenditures to be paid in a given year Col (1) x Col (2) payout pattern No future water costs in SRF Col (3) + Col (4) Col (3) x 2.5% annual inflation from Exhibit 15.1 Row (1) Col (4) x 2.5% annual inflation from Exhibit 15.1 Row (1) Col (6) + Col (7) Col (6) x Exhibit 10.1 Col (4) Col (7) x Exhibit 10.1 Col (4) Col (9) + Col (10) Pinnacle Actuarial Resources, Inc. Exhibit 12.3 West Virginia Department of Environmental Protection Office of Special Reclamation Reclamation Expenditures Special Reclamation Fund Water Treatment June 30, 2017 Fiscal Year Ending 6/30 Current (1) Prior 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 $0 4,828,604 Total Yrs 2018 & Prior Yrs 2019 - 2037 Yrs 2019 - 2052 4,828,604 4,828,604 0 0 Footnotes: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) Payout Pattern (2) Nominal Cost Current (3) Future (4) 20% 100% $4,828,604 Covered by SRWTF post 2018 4,828,604 4,828,604 0 0 Total (5) Current (6) Inflated Cost Future (7) Total (8) Current (9) Discounted Cost Future (10) Total (11) $0 $4,828,604 $4,888,589 $0 $4,888,589 $4,837,888 $0 $4,837,888 0 0 0 0 4,828,604 4,828,604 0 0 4,888,589 4,888,589 0 0 0 0 0 0 4,888,589 4,888,589 0 0 4,837,888 4,837,888 0 0 0 0 0 0 4,837,888 4,837,888 0 0 Client Data. Forfeitures occurring on June 30, 2017 and prior. Selection of amount of Current Expenditures to be paid in a given year Col (1) x Col (2) No future water costs in SRF Col (3) + Col (4) Col (3) x 2.5% annual inflation from Exhibit 15.1 Row (1) Col (4) x 2.5% annual inflation from Exhibit 15.1 Row (1) Col (6) + Col (7) Col (6) x Exhibit 10.1 Col (4) Col (7) x Exhibit 10.1 Col (4) Col (9) + Col (10) Pinnacle Actuarial Resources, Inc. Exhibit 12.4 West Virginia Department of Environmental Protection Office of Special Reclamation Reclamation Expenditures Special Reclamation Water Trust Fund Water Capital June 30, 2017 Fiscal Year Ending 6/30 Current (1) Prior 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 $0 0 23,353,850 30,518,632 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Yrs 2019 - 2037 Yrs 2019 - 2052 Footnotes: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) Payout Pattern (2) 20% 20% 20% 20% 20% Nominal Cost Current (3) Future (4) Total (5) Current (6) Inflated Cost Future (7) Total (8) Current (9) Discounted Cost Future (10) Total (11) $0 4,670,770 10,774,496 10,774,496 10,774,496 10,774,496 6,103,726 $0 0 0 2,777,766 5,394,558 5,074,479 4,761,030 6,208,680 3,568,492 3,287,072 3,007,994 2,736,166 2,504,963 2,248,036 2,029,798 1,816,499 1,581,420 1,450,345 1,298,018 1,171,382 1,006,749 903,666 746,828 624,920 540,560 456,083 383,077 310,914 261,286 211,612 168,753 110,817 72,331 51,200 32,669 $0 4,670,770 10,774,496 13,552,262 16,169,054 15,848,975 10,864,756 6,208,680 3,568,492 3,287,072 3,007,994 2,736,166 2,504,963 2,248,036 2,029,798 1,816,499 1,581,420 1,450,345 1,298,018 1,171,382 1,006,749 903,666 746,828 624,920 540,560 456,083 383,077 310,914 261,286 211,612 168,753 110,817 72,331 51,200 32,669 $0 4,847,014 11,460,581 11,747,096 12,040,773 12,341,792 7,166,386 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 $0 0 0 3,028,511 6,028,555 5,812,630 5,589,926 7,471,852 4,401,874 4,156,099 3,898,321 3,634,686 3,410,748 3,137,440 2,903,681 2,663,515 2,376,791 2,234,288 2,049,615 1,895,894 1,670,169 1,536,637 1,301,689 1,116,439 989,870 856,057 737,002 613,121 528,136 438,424 358,369 241,217 161,381 117,089 76,579 $0 4,847,014 11,460,581 14,775,606 18,069,328 18,154,423 12,756,312 7,471,852 4,401,874 4,156,099 3,898,321 3,634,686 3,410,748 3,137,440 2,903,681 2,663,515 2,376,791 2,234,288 2,049,615 1,895,894 1,670,169 1,536,637 1,301,689 1,116,439 989,870 856,057 737,002 613,121 528,136 438,424 358,369 241,217 161,381 117,089 76,579 $0 4,354,811 9,759,987 9,482,452 9,212,809 8,950,833 4,926,437 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 $0 0 0 2,444,665 4,612,655 4,215,586 3,842,721 4,868,650 2,718,726 2,433,108 2,163,219 1,911,778 1,700,465 1,482,658 1,300,655 1,130,878 956,531 852,305 741,098 649,778 542,574 473,170 379,928 308,870 259,577 212,784 173,641 136,923 111,796 87,967 68,156 43,484 27,575 18,964 11,756 $0 4,354,811 9,759,987 11,927,117 13,825,464 13,166,419 8,769,158 4,868,650 2,718,726 2,433,108 2,163,219 1,911,778 1,700,465 1,482,658 1,300,655 1,130,878 956,531 852,305 741,098 649,778 542,574 473,170 379,928 308,870 259,577 212,784 173,641 136,923 111,796 87,967 68,156 43,484 27,575 18,964 11,756 53,872,482 53,872,482 56,798,163 110,670,645 59,603,642 75,436,606 135,040,248 46,687,331 40,882,640 87,569,971 53,872,482 53,872,482 53,872,482 53,872,482 50,916,699 56,798,163 104,789,180 110,670,645 59,603,642 59,603,642 64,694,426 75,436,606 124,298,068 135,040,248 46,687,331 46,687,331 38,025,474 40,882,640 84,712,805 87,569,971 Client Data. Forfeitures occurring on June 30, 2017 and prior. Selection of amount of Current Expenditures to be paid in a given year Col (1) x Col (2) payout pattern Exhibit 29.1 Col (8) Col (3) + Col (4) Col (3) x 2.5% annual inflation from Exhibit 15.1 Row (1) Col (4) x 2.5% annual inflation from Exhibit 15.1 Row (1) Col (6) + Col (7) Col (6) x Exhibit 10.2 Col (4) Col (7) x Exhibit 10.2 Col (4) Col (9) + Col (10) Pinnacle Actuarial Resources, Inc. Exhibit 12.5 West Virginia Department of Environmental Protection Office of Special Reclamation Reclamation Expenditures Special Reclamation Water Trust Fund Water Treatment June 30, 2017 Fiscal Year Ending 6/30 Current (1) Deferred Cost (2) Nominal Cost Current (3) Future (4) Total (5) Current (6) Inflated Cost Future (7) Total (8) Current (9) Discounted Cost Future (10) Total (11) Prior 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 $0 0 5,272,767 5,280,017 5,301,767 5,301,767 5,301,767 5,301,767 5,301,767 5,301,767 5,301,767 5,301,767 5,196,312 5,092,820 4,990,964 4,891,145 4,793,322 4,697,455 4,603,506 4,511,436 4,421,207 4,332,783 4,246,128 4,161,205 4,077,981 3,996,421 3,916,493 3,838,163 3,761,400 3,686,172 3,612,448 3,540,199 3,469,395 3,400,007 3,332,007 3,265,367 $0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 $0 5,272,767 5,280,017 5,301,767 5,301,767 5,301,767 5,301,767 5,301,767 5,301,767 5,301,767 5,301,767 5,196,312 5,092,820 4,990,964 4,891,145 4,793,322 4,697,455 4,603,506 4,511,436 4,421,207 4,332,783 4,246,128 4,161,205 4,077,981 3,996,421 3,916,493 3,838,163 3,761,400 3,686,172 3,612,448 3,540,199 3,469,395 3,400,007 3,332,007 3,265,367 $0 0 0 99,388 291,284 470,335 637,753 1,213,985 977,632 1,091,153 1,194,214 1,287,730 1,373,065 1,445,841 1,507,511 1,557,835 1,596,291 1,627,520 1,652,017 1,670,279 1,681,511 1,687,917 1,687,848 1,682,369 1,673,514 1,660,999 1,645,671 1,627,517 1,607,433 1,585,697 1,562,525 1,537,460 1,511,211 1,484,464 1,457,324 $0 5,272,767 5,280,017 5,401,155 5,593,051 5,772,102 5,939,519 6,515,752 6,279,399 6,392,920 6,495,980 6,484,041 6,465,885 6,436,805 6,398,656 6,351,156 6,293,746 6,231,026 6,163,453 6,091,487 6,014,294 5,934,044 5,849,053 5,760,349 5,669,935 5,577,491 5,483,834 5,388,916 5,293,605 5,198,146 5,102,724 5,006,856 4,911,218 4,816,472 4,722,691 $0 5,471,726 5,616,231 5,780,350 5,924,859 6,072,980 6,224,805 6,380,425 6,539,936 6,703,434 6,871,020 6,902,710 6,934,365 6,965,569 6,996,914 7,028,400 7,060,028 7,091,798 7,123,711 7,155,768 7,187,969 7,220,315 7,252,806 7,285,444 7,318,228 7,351,160 7,384,241 7,417,470 7,450,848 7,484,377 7,518,057 7,551,888 7,585,872 7,620,008 7,654,298 $0 0 0 108,359 325,518 538,751 748,785 1,460,974 1,205,947 1,379,629 1,547,685 1,710,603 1,869,560 2,017,868 2,156,535 2,284,238 2,399,141 2,507,228 2,608,591 2,703,364 2,789,581 2,870,213 2,941,849 3,005,606 3,064,531 3,117,653 3,166,107 3,209,459 3,249,100 3,285,295 3,318,217 3,346,614 3,371,714 3,394,840 3,416,092 $0 5,471,726 5,616,231 5,888,710 6,250,377 6,611,732 6,973,590 7,841,399 7,745,883 8,083,063 8,418,705 8,613,313 8,803,924 8,983,438 9,153,449 9,312,638 9,459,169 9,599,027 9,732,303 9,859,132 9,977,550 10,090,528 10,194,655 10,291,049 10,382,760 10,468,814 10,550,347 10,626,928 10,699,949 10,769,672 10,836,274 10,898,502 10,957,585 11,014,848 11,070,390 $0 4,916,086 4,782,859 4,665,996 4,533,313 4,404,404 4,279,160 4,157,478 4,039,256 3,924,395 3,812,801 3,630,698 3,457,202 3,291,715 3,134,149 2,984,126 2,841,284 2,705,279 2,575,785 2,452,489 2,335,095 2,223,320 2,116,896 2,015,566 1,919,086 1,827,225 1,739,760 1,656,483 1,577,191 1,501,695 1,429,813 1,361,372 1,296,207 1,234,161 1,175,085 $0 0 0 87,469 249,065 390,727 514,743 951,969 744,828 807,677 858,827 899,745 932,089 953,583 965,983 969,844 965,526 956,422 943,212 926,521 906,228 883,812 858,645 831,520 803,623 774,933 745,949 716,742 687,768 659,175 631,071 603,291 576,129 549,839 524,437 $0 4,916,086 4,782,859 4,753,465 4,782,378 4,795,131 4,793,903 5,109,446 4,784,084 4,732,072 4,671,628 4,530,443 4,389,290 4,245,297 4,100,132 3,953,970 3,806,810 3,661,701 3,518,997 3,379,010 3,241,322 3,107,132 2,975,541 2,847,086 2,722,709 2,602,157 2,485,709 2,373,225 2,264,959 2,160,870 2,060,885 1,964,663 1,872,336 1,784,000 1,699,522 Total 152,801,255 0 152,801,255 43,787,291 196,588,546 236,128,013 75,119,645 311,247,658 95,997,429 23,871,393 119,868,822 Yrs 2019 - 2037 Yrs 2019 - 2052 96,165,085 152,801,255 0 0 96,165,085 152,801,255 19,693,831 43,787,291 115,858,916 196,588,546 124,845,031 236,128,013 27,572,776 75,119,645 152,417,808 311,247,658 70,588,473 95,997,429 13,118,230 23,871,393 83,706,703 119,868,822 Footnotes: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) Client Data for forfeitures occurring on June 30, 2017 and prior. Reflects the compounding effect of the selected annual attenuation rate of 98% after 10 years. Exhibit 12.3 Col (1) deferred payments as of 6/30/2017. Note that 2018 and Prior paid in SRF. Col (1) + Col (2) Exhibit 31.1 Col (16) Col (3) + Col (4) Col (3) x 2.5% annual inflation from Exhibit 15.1 Row (1) Col (4) x 2.5% annual inflation from Exhibit 15.1 Row (1) Col (6) + Col (7) Col (6) x Exhibit 10.2 Col (4) Col (7) x Exhibit 10.2 Col (4) Col (9) + Col (10) Pinnacle Actuarial Resources, Inc. Exhibit 13.1 West Virginia Department of Environmental Protection Office of Special Reclamation Average Reclamation Expenditures Summary June 30, 2017 Mine Type Surface Underground Other Footnotes: (1) (2) (3) Land (1) Water Capital (2) $3,200.00 13,800.00 9,100.00 Exhibit 14.1 Row (6) Exhibit 14.2 Row (12) Exhibit 14.3 Row (9) Pinnacle Actuarial Resources, Inc. $4,500.00 14,400.00 5,200.00 Water Treatment (3) $140.00 260.00 200.00 Exhibit 13.2 West Virginia Department of Environmental Protection Office of Special Reclamation Average Reclamation Expenditures Summary Comparison to Prior Analysis June 30, 2017 Mine Type Land (1) Surface Underground Other Water Capital (2) $3,200.00 13,800.00 9,100.00 Water Treatment (3) $4,500.00 14,400.00 5,200.00 $140.00 260.00 200.00 June 30, 2013 Mine Type Land (4) Surface Underground Other Water Capital (5) $2,700.00 12,400.00 7,300.00 Water Treatment (6) $900.00 1,900.00 1,500.00 $105.00 170.00 130.00 Difference in Dollars Mine Type Land (7) Surface Underground Other Water Capital (8) $500.00 1,400.00 1,800.00 Water Treatment (9) $3,600.00 12,500.00 3,700.00 $35.00 90.00 70.00 Difference in Percentage Mine Type Surface Underground Other Footnotes: (1) - (3) (4) - (6) (7) - (9) (10) - (12) Land (10) Water Capital (11) 19% 11% 25% Water Treatment (12) 400% 658% 247% Exhibit 13.1 Col (1) through Col (3) From prior Pinnacle Actuarial Resources, Inc. analysis as of 6/30/2013. Col (1) - Col (4); Col (2) - Col (5); Col (3) - Col (6) Col (7) / Col (4); Col (8) / Col (5); Col (9) / Col (6) Pinnacle Actuarial Resources, Inc. 33% 53% 54% Exhibit 14.1 West Virginia Department of Environmental Protection Office of Special Reclamation Average Reclamation Expenditures - Land Special Reclamation Fund Based on Forfeited Permits June 30, 2017 Surface (1) (1) Total reclamation expenditure in 2017 dollars (i.e. inflated) (2) Total disturbed acreage (3) Average cost per disturbed acre in 2017 dollars (4) Percent of permitted acreage that is disturbed (5) Cost per permitted acre in 2017 dollars (6) Selected cost per acre Footnotes: (1) (2) (3) (4) (5) (6) $109,494,219 27,941.36 3,918.71 65.53% 2,567.95 3,200.00 Mine Type Underground (2) $54,421,848 3,437.12 15,833.56 74.15% 11,739.93 13,800.00 Other (3) $43,283,741 4,291.32 10,086.35 80.27% 8,096.05 9,100.00 Exhibit 18.2 Col (3), Exhibit 18.3 Col (3) and Exhibit 18.4 Col (3) Exhibit 17.2 Col (9), Exhibit 17.3 Col (9) and Exhibit 17.4 Col (9) Row (1) / Row (2) Exhibit 17.2 Row (2), Exhibit 17.3 Row (2) and Exhibit 17.4 Row (2) Row (3) x Row (4) Selection based on Row (3) and Row (5) Pinnacle Actuarial Resources, Inc. Exhibit 14.2 West Virginia Department of Environmental Protection Office of Special Reclamation Average Reclamation Expenditures - Water Capital Special Reclamation Water Trust Fund Based on Forfeited Permits June 30, 2017 Surface (1) (1) Total reclamation expenditure for Open Water Forfeited Permits in 2017 dollars (i.e. inflated) (2) Additional NPDES standards expenditure for Currently Operating Permits (3) Additional NPDES standards expenditure for To Be Contracted Permits (4) Total Expenditure (5) Total disturbed acreage under permits with water issues (6) Average cost per disturbed acre in 2017 dollars (7) Percent of permitted acreage that is disturbed under permits with water issues (8) Cost Per Permitted Acre in 2017 dollars (9) Percent of forfeited acres with water issues (10) Cost Per Disturbed Acre in 2017 dollars with water issues (11) Cost Per Permitted Acre in 2017 dollars with water issues (12) Selected Cost Per Acre with water issues Footnotes: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) $75,027,620 44,218,071 37,005,941 156,251,631 10,274.99 15,206.99 68.89% 10,476.76 34.98% 5,319.07 3,664.54 4,500.00 Mine Type Underground (2) $28,247,673 22,408,169 13,001,745 63,657,588 533.43 119,336.35 91.68% 109,413.02 12.55% 14,977.73 13,732.27 14,400.00 Other (3) $12,006,391 4,176,473 9,504,684 25,687,548 1,413.06 18,178.67 85.03% 15,456.92 31.08% 5,650.80 4,804.75 5,200.00 Exhibit 19.2 Col (2), Exhibit 19.3 Col (2) and Exhibit 19.4 Col (2) Exhibit 19.2 Col (4), Exhibit 19.3 Col (4) and Exhibit 19.4 Col (4) Exhibit 19.2 Col (5), Exhibit 19.3 Col (5) and Exhibit 19.4 Col (5) Row (1) + Row (2) + Row (3) Exhibit 17.2 Col (9), Exhibit 17.3 Col (9) and Exhibit 17.4 Col (9) Row (4) / Row (5) Exhibit 17.2 Row (3), Exhibit 17.3 Row (3) and Exhibit 17.4 Row (3) Row (6) x Row (7) Exhibit 17.2 Row (1), Exhibit 17.3 Row (1) and Exhibit 17.4 Row (1) Row (6) x Row (9) Row (8) x Row (9) Selection based on Row (10) and Row (11) Pinnacle Actuarial Resources, Inc. Exhibit 14.3 West Virginia Department of Environmental Protection Office of Special Reclamation Average Reclamation Expenditures - Water Treatment Special Reclamation Water Trust Fund Based on Forfeited Permits that are Currently Treating or Scheduled to Treat Water June 30, 2017 Surface (1) (1) Total Annual Expenditure in Actual Dollars for Water Forfeited Permits (2) Total disturbed acreage under permits with water issues (3) Total cost per disturbed acre for water issue sites (4) Percent of permitted acreage that is disturbed under permits with water issues (5) Valuation Cost Per Permitted Acre (6) Percent of forfeited acres with water issues (7) Valuation Cost Per Disturbed Acre with water issues (8) Valuation Cost Per Permitted Acre with water issues (9) Selected Valuation Cost Per Acre with water issues Footnotes: (1) (2) (3) (4) (5) (6) (7) (8) (9) $4,867,501 10,274.99 473.72 68.89% 326.37 34.98% 165.70 114.16 140.00 Mine Type Underground (2) $1,147,756 533.43 2,151.65 91.68% 1,972.73 12.55% 270.05 247.59 260.00 Other (3) $983,195 1,413.06 695.79 85.03% 591.62 31.08% 216.29 183.90 200.00 Exhibit 19.2 Col (12), Exhibit 19.3 Col (12) and Exhibit 19.4 Col (12) Exhibit 17.2 Col (9), Exhibit 17.3 Col (9) and Exhibit 17.4 Col (9) Row (1) / Row (2) Exhibit 17.2 Row (3), Exhibit 17.3 Row (3) and Exhibit 17.4 Row (3) Row (3) x Row (4) Exhibit 17.2 Row (1), Exhibit 17.3 Row (1) and Exhibit 17.4 Row (1) Row (3) x Row (6) Row (5) x Row (6) Selection based on Row (7) amd Row (8) Pinnacle Actuarial Resources, Inc. Exhibit 15.1 West Virginia Department of Environmental Protection Office of Special Reclamation Average Reclamation Expenditure Trends Land and Water Combined June 30, 2017 CPI Inflation Index (1) Revoke Year 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 1.065 1.076 1.113 1.135 1.103 1.062 1.032 1.043 1.036 1.019 1.036 1.041 1.048 1.054 1.042 1.030 1.030 1.026 1.028 1.030 1.023 1.016 1.022 1.034 1.028 1.016 1.023 1.027 1.034 1.032 1.028 1.038 0.996 1.016 1.032 1.021 1.015 1.016 1.001 1.013 Total YEARS 1982 - 2015 1992 - 2015 2002 - 2015 2010 - 2015 AVERAGE 1.029 1.023 1.021 1.017 Selected Average Trend Factors (1) Prospective Footnotes: (1) Row (1) 1.025 Consumer Price Index data Selections based on Col (1) Pinnacle Actuarial Resources, Inc. Exhibit 16.1 West Virginia Department of Environmental Protection Office of Special Reclamation Administrative Expenditures Special Reclamation Fund June 30, 2017 Fiscal Year Ending 6/30 Expenditures (1) 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 $3,364,044 3,464,965 3,568,914 3,675,981 3,786,261 3,899,849 4,016,844 4,137,350 4,261,470 4,389,314 4,520,994 4,656,623 4,796,322 4,940,212 5,088,418 5,241,071 5,398,303 5,560,252 5,727,059 5,898,871 6,075,837 6,258,112 6,445,856 6,639,231 6,838,408 7,043,561 7,254,867 7,472,513 7,696,689 7,927,590 8,165,417 8,410,380 8,662,691 8,922,572 9,190,249 Total First 20 Years 203,397,090 90,393,116 Footnotes: (1) (2) (3) Discount Factors (2) 98.963% 97.746% 96.429% 95.002% 93.472% 91.966% 90.484% 89.026% 87.592% 86.181% 84.792% 83.426% 82.082% 80.760% 79.459% 78.178% 76.919% 75.680% 74.460% 73.261% 72.080% 70.919% 69.776% 68.652% 67.546% 66.458% 65.387% 64.334% 63.297% 62.277% 61.274% 60.287% 59.316% 58.360% 57.420% Discounted Expenditures (3) $3,329,154 3,386,879 3,441,470 3,492,267 3,539,082 3,586,525 3,634,604 3,683,328 3,732,705 3,782,744 3,833,453 3,884,842 3,936,921 3,989,697 4,043,181 4,097,381 4,152,309 4,207,973 4,264,383 4,321,549 4,379,481 4,438,190 4,497,686 4,557,980 4,619,082 4,681,003 4,743,754 4,807,346 4,871,791 4,937,100 5,003,284 5,070,356 5,138,326 5,207,208 5,277,013 148,570,046 76,340,446 Client Selection for FY 2018. FY 2019 and Subsequent = Prior FY x 1.03 Exhibit 10.1 Col (4) Col (1) x Col (2) Pinnacle Actuarial Resources, Inc. Exhibit 17.1 West Virginia Department of Environmental Protection Office of Special Reclamation Number of Forfeited Permits and Acres Total June 30, 2017 Site Type Number of Forfeited Permits Closed Open Total (1) (2) (3) Forfeited Permitted Acres Closed Open Total (4) (5) (6) Forfeited Disturbed Acres Closed Open Total (7) (8) (9) Open Water - Open Land Open Water - Closed Land Open Water - Total 0 0 0 20 171 191 20 171 191 0 0 0 3,521 13,023 16,544 3,521 13,023 16,544 0 0 0 2,613 8,982 11,595 2,613 8,982 11,595 Closed Water - Open Land Closed Water - Closed Land Closed Water - Total 0 11 11 0 0 0 0 11 11 0 614 614 0 0 0 0 614 614 0 627 627 0 0 0 0 627 627 Land Only - Open Land - Water Cost Land Only - Closed Land - Water Cost Land Only - Water Cost - Total 0 629 629 22 0 22 22 629 651 0 24,934 24,934 2,303 0 2,303 2,303 24,934 27,237 0 16,767 16,767 1,634 0 1,634 1,634 16,767 18,401 Land Only - Open Land - No Water Cost Land Only - Closed Land - No Water Cost Land Only - No Water Cost - Total 0 290 290 17 0 17 17 290 307 0 6,678 6,678 1,547 0 1,547 1,547 6,678 8,225 0 3,888 3,888 1,159 0 1,159 1,159 3,888 5,047 Total 930 230 1,160 32,226 20,395 52,621 21,282 14,388 35,670 (1) Percent of Forfeited Permitted Acres with Water Issues 32.61% (2) Percent of Permitted Acres That Are Disturbed - Total (3) Percent of Permitted Acres That Are Disturbed - Water Issues (4) Percent of Permitted Acres That Are Disturbed - Closed Water Footnotes: Columns (1) - (9) Rows (1) (2) (3) (4) 67.79% 71.23% 102.12% Sum of Exhibit 17.2, Exhibit 17.3, and Exhibit 17.4 [Col (6) Open Water Total + Col (6) Closed Water Total] / Col (6) Total Col (9) Total / Col (6) Total [Col (9) Open Water Total + Col (9) Closed Water Total] / [Col (6) Open Water Total + Col (6) Closed Water Total] Col (9) Closed Water Total / Col (6) Closed Water Total Pinnacle Actuarial Resources, Inc. Exhibit 17.2 West Virginia Department of Environmental Protection Office of Special Reclamation Number of Forfeited Permits and Acres Surface June 30, 2017 Site Type Number of Forfeited Permits Closed Open Total (1) (2) (3) Forfeited Permitted Acres Closed Open Total (4) (5) (6) Forfeited Disturbed Acres Closed Open Total (7) (8) (9) Open Water - Open Land Open Water - Closed Land Open Water - Total 0 0 0 12 121 133 12 121 133 0 0 0 3,055 11,459 14,514 3,055 11,459 14,514 0 0 0 2,178 7,671 9,849 2,178 7,671 9,849 Closed Water - Open Land Closed Water - Closed Land Closed Water - Total 0 6 6 0 0 0 0 6 6 0 400 400 0 0 0 0 400 400 0 426 426 0 0 0 0 426 426 Land Only - Open Land - Water Cost Land Only - Closed Land - Water Cost Land Only - Water Cost - Total 0 301 301 14 0 14 14 301 315 0 19,780 19,780 1,946 0 1,946 1,946 19,780 21,726 0 12,891 12,891 1,297 0 1,297 1,297 12,891 14,189 Land Only - Open Land - No Water Cost Land Only - Closed Land - No Water Cost Land Only - No Water Cost - Total 0 101 101 8 0 8 8 101 109 0 4,634 4,634 1,365 0 1,365 1,365 4,634 5,999 0 2,476 2,476 1,002 0 1,002 1,002 2,476 3,478 Total 408 155 563 24,814 17,825 42,639 15,794 12,148 27,941 (1) Percent of Forfeited Permitted Acres with Water Issues 34.98% (2) Percent of Permitted Acres That Are Disturbed - Total (3) Percent of Permitted Acres That Are Disturbed - Water Issues (4) Percent of Permitted Acres That Are Disturbed - Closed Water Footnotes: Columns (1) - (9) Rows (1) (2) (3) (4) 65.53% 68.89% 106.50% Client data [Col (6) Open Water Total + Col (6) Closed Water Total] / Col (6) Total Col (9) Total / Col (6) Total [Col (9) Open Water Total + Col (9) Closed Water Total] / [Col (6) Open Water Total + Col (6) Closed Water Total] Col (9) Closed Water Total / Col (6) Closed Water Total Pinnacle Actuarial Resources, Inc. Exhibit 17.3 West Virginia Department of Environmental Protection Office of Special Reclamation Number of Forfeited Permits and Acres Underground June 30, 2017 Site Type Number of Forfeited Permits Closed Open Total (1) (2) (3) Forfeited Permitted Acres Closed Open Total (4) (5) (6) Forfeited Disturbed Acres Closed Open Total (7) (8) (9) Open Water - Open Land Open Water - Closed Land Open Water - Total 0 0 0 5 31 36 5 31 36 0 0 0 123 422 545 123 422 545 0 0 0 118 385 503 118 385 503 Closed Water - Open Land Closed Water - Closed Land Closed Water - Total 0 2 2 0 0 0 0 2 2 0 37 37 0 0 0 0 37 37 0 31 31 0 0 0 0 31 31 Land Only - Open Land - Water Cost Land Only - Closed Land - Water Cost Land Only - Water Cost - Total 0 243 243 3 0 3 3 243 246 0 2,952 2,952 44 0 44 44 2,952 2,996 0 2,140 2,140 44 0 44 44 2,140 2,183 Land Only - Open Land - No Water Cost Land Only - Closed Land - No Water Cost Land Only - No Water Cost - Total 0 95 95 5 0 5 5 95 100 0 936 936 122 0 122 122 936 1,058 0 605 605 116 0 116 116 605 720 Total 340 44 384 3,925 711 4,636 2,775 662 3,437 (1) Percent of Forfeited Permitted Acres with Water Issues 12.55% (2) Percent of Permitted Acres That Are Disturbed - Total (3) Percent of Permitted Acres That Are Disturbed - Water Issues (4) Percent of Permitted Acres That Are Disturbed - Closed Water 74.15% 91.68% 83.57% Footnotes: Columns (1) - (9) Rows (1) (2) (3) (4) Client data [Col (6) Open Water Total + Col (6) Closed Water Total] / Col (6) Total Col (9) Total / Col (6) Total [Col (9) Open Water Total + Col (9) Closed Water Total] / [Col (6) Open Water Total + Col (6) Closed Water Total] Col (9) Closed Water Total / Col (6) Closed Water Total Pinnacle Actuarial Resources, Inc. Exhibit 17.4 West Virginia Department of Environmental Protection Office of Special Reclamation Number of Forfeited Permits and Acres Other June 30, 2017 Site Type Number of Forfeited Permits Closed Open Total (1) (2) (3) Forfeited Permitted Acres Closed Open Total (4) (5) (6) Forfeited Disturbed Acres Closed Open Total (7) (8) (9) Open Water - Open Land Open Water - Closed Land Open Water - Total 0 0 0 3 19 22 3 19 22 0 0 0 343 1,142 1,485 343 1,142 1,485 0 0 0 317 926 1,243 317 926 1,243 Closed Water - Open Land Closed Water - Closed Land Closed Water - Total 0 3 3 0 0 0 0 3 3 0 177 177 0 0 0 0 177 177 0 170 170 0 0 0 0 170 170 Land Only - Open Land - Water Cost Land Only - Closed Land - Water Cost Land Only - Water Cost - Total 0 85 85 5 0 5 5 85 90 0 2,203 2,203 313 0 313 313 2,203 2,516 0 1,736 1,736 293 0 293 293 1,736 2,029 Land Only - Open Land - No Water Cost Land Only - Closed Land - No Water Cost Land Only - No Water Cost - Total 0 94 94 4 0 4 4 94 98 0 1,108 1,108 61 0 61 61 1,108 1,169 0 807 807 42 0 42 42 807 849 Total 182 31 213 3,488 1,859 5,346 2,713 1,578 4,291 (1) Percent of Forfeited Permitted Acres with Water Issues 31.08% (2) Percent of Permitted Acres That Are Disturbed - Total (3) Percent of Permitted Acres That Are Disturbed - Water Issues (4) Percent of Permitted Acres That Are Disturbed - Closed Water 80.27% 85.03% 96.05% Footnotes: Columns (1) - (9) Rows (1) (2) (3) (4) Client data [Col (6) Open Water Total + Col (6) Closed Water Total] / Col (6) Total Col (9) Total / Col (6) Total [Col (9) Open Water Total + Col (9) Closed Water Total] / [Col (6) Open Water Total + Col (6) Closed Water Total] Col (9) Closed Water Total / Col (6) Closed Water Total Pinnacle Actuarial Resources, Inc. Exhibit 18.1 West Virginia Department of Environmental Protection Office of Special Reclamation Reclamation Expenditures Land Total June 30, 2017 Land Reclamation Expenditures Closed Open Total (1) (2) (3) Site Type Open Water - Open Land Open Water - Closed Land Open Water - Total $0 0 0 $1,237,917 61,053,498 62,291,415 $1,237,917 61,053,498 62,291,415 Closed Water - Open Land Closed Water - Closed Land Closed Water - Total 0 3,233,992 3,233,992 0 0 0 0 3,233,992 3,233,992 Land Only - Open Land - Water Cost Land Only - Closed Land - Water Cost Land Only - Water Cost - Total 0 122,097,925 122,097,925 Land Only - Open Land - No Water Cost Land Only - Closed Land - No Water Cost Land Only - No Water Cost - Total 0 11,902,315 11,902,315 Total 137,234,232 Footnotes: (1) - (3) 7,618,291 7,618,291 0 122,097,925 7,618,291 129,716,216 55,871 0 55,871 55,871 11,902,315 11,958,186 69,965,577 207,199,808 Sum of Exhibit 18.2, Exhibit 18.3, and Exhibit 18.4 Pinnacle Actuarial Resources, Inc. Exhibit 18.2 West Virginia Department of Environmental Protection Office of Special Reclamation Reclamation Expenditures Land Surface June 30, 2017 Land Reclamation Expenditures Closed Open Total (1) (2) (3) Site Type Open Water - Open Land Open Water - Closed Land Open Water - Total $0 0 0 $980,452 35,385,418 36,365,870 $980,452 35,385,418 36,365,870 Closed Water - Open Land Closed Water - Closed Land Closed Water - Total 0 2,959,738 2,959,738 0 0 0 0 2,959,738 2,959,738 Land Only - Open Land - Water Cost Land Only - Closed Land - Water Cost Land Only - Water Cost - Total 0 63,421,619 63,421,619 2,368,677 0 2,368,677 2,368,677 63,421,619 65,790,296 Land Only - Open Land - No Water Cost Land Only - Closed Land - No Water Cost Land Only - No Water Cost - Total 0 4,322,444 4,322,444 55,871 0 55,871 55,871 4,322,444 4,378,315 Total 70,703,801 Footnotes: (1) - (3) 38,790,418 109,494,219 Client data Pinnacle Actuarial Resources, Inc. Exhibit 18.3 West Virginia Department of Environmental Protection Office of Special Reclamation Reclamation Expenditures Land Underground June 30, 2017 Land Reclamation Expenditures Closed Open Total (1) (2) (3) Site Type Open Water - Open Land Open Water - Closed Land Open Water - Total $0 0 0 $42,365 8,931,610 8,973,975 $42,365 8,931,610 8,973,975 Closed Water - Open Land Closed Water - Closed Land Closed Water - Total 0 83,883 83,883 0 0 0 0 83,883 83,883 Land Only - Open Land - Water Cost Land Only - Closed Land - Water Cost Land Only - Water Cost - Total 0 38,170,481 38,170,481 2,590,276 0 2,590,276 2,590,276 38,170,481 40,760,757 Land Only - Open Land - No Water Cost Land Only - Closed Land - No Water Cost Land Only - No Water Cost - Total 0 4,603,233 4,603,233 0 0 0 0 4,603,233 4,603,233 Total 42,857,597 11,564,251 54,421,848 Footnotes: (1) - (3) Client data Pinnacle Actuarial Resources, Inc. Exhibit 18.4 West Virginia Department of Environmental Protection Office of Special Reclamation Reclamation Expenditures Land Other June 30, 2017 Land Reclamation Expenditures Closed Open Total (1) (2) (3) Site Type Open Water - Open Land Open Water - Closed Land Open Water - Total $0 0 0 $215,099 16,736,471 16,951,570 $215,099 16,736,471 16,951,570 Closed Water - Open Land Closed Water - Closed Land Closed Water - Total 0 190,370 190,370 0 0 0 0 190,370 190,370 Land Only - Open Land - Water Cost Land Only - Closed Land - Water Cost Land Only - Water Cost - Total 0 20,505,825 20,505,825 2,659,338 0 2,659,338 2,659,338 20,505,825 23,165,163 Land Only - Open Land - No Water Cost Land Only - Closed Land - No Water Cost Land Only - No Water Cost - Total 0 2,976,638 2,976,638 0 0 0 0 2,976,638 2,976,638 Total 23,672,833 19,610,908 43,283,741 Footnotes: (1) - (3) Client data Pinnacle Actuarial Resources, Inc. Exhibit 19.1 West Virginia Department of Environmental Protection Office of Special Reclamation Reclamation Expenditures Water Total June 30, 2017 Site Type Open Water - Open Land Open Water - Closed Land Open Water - Total Closed Water - Open Land Closed Water - Closed Land Closed Water - Total Land Only - Open Land - Water Cost Land Only - Closed Land - Water Cost Land Only - Water Cost - Total Land Only - Open Land - No Water Cost Land Only - Closed Land - No Water Cost Land Only - No Water Cost - Total Total Footnotes: (1) - (15) Water Capital Reclamation Closed Open Total (1) (2) (3) Water Capital NPDES Standards TBC Ex. TBC Total (4) (5) (6) $0 $3,312,533 $3,312,533 $29,305,606 0 111,844,807 111,844,807 41,497,107 0 115,157,339 115,157,339 70,802,713 Water Treatment Reclamation Closed Open Total (7) (8) (9) $2,442,515 $31,748,121 49,355,223 90,852,330 51,797,738 122,600,451 Water Treatment Reclamation - Current Closed Open Total (10) (11) (12) $0 $16,937,857 $16,937,857 0 88,676,000 88,676,000 0 105,613,858 105,613,858 Water Abandonment Reclamation Closed Open Total (13) (14) (15) $0 0 0 $1,339,522 5,658,930 6,998,452 $1,339,522 5,658,930 6,998,452 $0 0 0 $549,721 19,603,449 20,153,169 $549,721 19,603,449 20,153,169 0 923,255 923,255 0 0 0 0 923,255 923,255 0 0 0 0 2,365,071 2,365,071 0 2,365,071 2,365,071 0 234,100 234,100 0 0 0 0 234,100 234,100 0 0 0 0 0 0 0 0 0 0 42,511 42,511 0 0 0 0 42,511 42,511 0 10,028,095 10,028,095 124,344 0 124,344 124,344 10,028,095 10,152,439 0 0 0 0 5,349,561 5,349,561 0 5,349,561 5,349,561 0 2,472,986 2,472,986 179,294 0 179,294 179,294 2,472,986 2,652,280 0 0 0 0 0 0 0 0 0 0 204,304 204,304 0 0 0 0 204,304 204,304 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 10,951,350 115,281,684 126,233,034 70,802,713 2,707,085 105,793,152 108,500,237 0 6,998,452 6,998,452 246,815 20,153,169 20,399,985 59,512,370 130,315,083 Sum of Exhibit 19.2, Exhibit 19.3, and Exhibit 19.4 Pinnacle Actuarial Resources, Inc. Exhibit 19.2 West Virginia Department of Environmental Protection Office of Special Reclamation Reclamation Expenditures Water Surface June 30, 2017 Site Type Water Capital Reclamation Closed Open Total (1) (2) (3) Water Capital NPDES Standards TBC Ex. TBC Total (4) (5) (6) Open Water - Open Land Open Water - Closed Land Open Water - Total $0 0 0 $2,940,867 71,993,598 74,934,465 Closed Water - Open Land Closed Water - Closed Land Closed Water - Total 0 318,724 318,724 0 0 0 0 318,724 318,724 0 0 0 0 433,530 433,530 0 433,530 433,530 0 197,810 197,810 0 0 0 0 2,000,951 2,000,951 93,154 0 93,154 93,154 2,000,951 2,094,105 0 0 0 0 2,562,721 2,562,721 0 2,562,721 2,562,721 0 1,019,560 1,019,560 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2,319,675 75,027,620 77,347,294 44,218,071 37,005,941 81,224,012 Land Only - Open Land - Water Cost Land Only - Closed Land - Water Cost Land Only - Water Cost - Total Land Only - Open Land - No Water Cost Land Only - Closed Land - No Water Cost Land Only - No Water Cost - Total Total Footnotes: (1) - (15) $2,940,867 $13,023,214 71,993,598 31,194,857 74,934,465 44,218,071 Water Treatment Reclamation Closed Open Total (7) (8) (9) $1,945,325 $14,968,538 32,064,365 63,259,222 34,009,690 78,227,761 Water Treatment Reclamation - Current Closed Open Total (10) (11) (12) $0 $16,410,429 $16,410,429 0 52,024,093 52,024,093 0 68,434,522 68,434,522 Water Abandonment Reclamation Closed Open Total (13) (14) (15) $0 0 0 $1,339,522 3,527,979 4,867,501 $1,339,522 3,527,979 4,867,501 $0 0 0 $234,182 13,022,692 13,256,874 $234,182 13,022,692 13,256,874 0 197,810 197,810 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 103,495 0 103,495 103,495 1,019,560 1,123,055 0 0 0 0 0 0 0 0 0 0 204,304 204,304 0 0 0 0 204,304 204,304 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,217,370 68,538,017 69,755,387 0 4,867,501 4,867,501 204,304 13,256,874 13,461,178 Client data Pinnacle Actuarial Resources, Inc. Exhibit 19.3 West Virginia Department of Environmental Protection Office of Special Reclamation Reclamation Expenditures Water Underground June 30, 2017 Site Type Water Capital Reclamation Closed Open Total (1) (2) (3) Water Capital NPDES Standards TBC Ex. TBC Total (4) (5) (6) Open Water - Open Land Open Water - Closed Land Open Water - Total $0 0 0 $356,671 27,891,002 28,247,673 Closed Water - Open Land Closed Water - Closed Land Closed Water - Total 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,635,468 1,635,468 0 0 0 0 1,635,468 1,635,468 0 0 0 0 0 0 0 0 0 0 0 0 1,635,468 28,247,673 29,883,141 Land Only - Open Land - Water Cost Land Only - Closed Land - Water Cost Land Only - Water Cost - Total Land Only - Open Land - No Water Cost Land Only - Closed Land - No Water Cost Land Only - No Water Cost - Total Total Footnotes: (1) - (15) $356,671 $15,032,169 27,891,002 7,376,000 28,247,673 22,408,169 Water Treatment Reclamation Closed Open Total (7) (8) (9) $497,190 $15,529,359 10,149,999 17,525,999 10,647,189 33,055,358 Water Treatment Reclamation - Current Closed Open Total (10) (11) (12) Water Abandonment Reclamation Closed Open Total (13) (14) (15) $0 0 0 $316,956 17,965,145 18,282,100 $316,956 17,965,145 18,282,100 $0 0 0 $0 1,147,756 1,147,756 $0 1,147,756 1,147,756 $0 0 0 $84,969 3,317,004 3,401,973 $84,969 3,317,004 3,401,973 0 0 0 0 7,108 7,108 0 0 0 0 7,108 7,108 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2,354,556 2,354,556 0 2,354,556 2,354,556 0 867,636 867,636 47,676 0 47,676 47,676 867,636 915,312 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 22,408,169 13,001,745 35,409,915 874,745 18,329,776 19,204,521 0 1,147,756 1,147,756 0 3,401,973 3,401,973 Client data Pinnacle Actuarial Resources, Inc. Exhibit 19.4 West Virginia Department of Environmental Protection Office of Special Reclamation Reclamation Expenditures Water Other June 30, 2017 Site Type Water Capital Reclamation Closed Open Total (1) (2) (3) Water Capital NPDES Standards TBC Ex. TBC Total (4) (5) (6) Water Treatment Reclamation Closed Open Total (7) (8) (9) Water Treatment Reclamation - Current Closed Open Total (10) (11) (12) Water Abandonment Reclamation Closed Open Total (13) (14) (15) Open Water - Open Land Open Water - Closed Land Open Water - Total $0 0 0 $14,994 11,960,207 11,975,201 $14,994 11,960,207 11,975,201 $1,250,224 2,926,249 4,176,473 $0 7,140,859 7,140,859 $1,250,224 10,067,109 11,317,332 $0 0 0 $210,472 18,686,763 18,897,235 $210,472 18,686,763 18,897,235 $0 0 0 $0 983,195 983,195 $0 983,195 983,195 $0 0 0 $230,570 3,263,753 3,494,323 $230,570 3,263,753 3,494,323 Closed Water - Open Land Closed Water - Closed Land Closed Water - Total 0 604,531 604,531 0 0 0 0 604,531 604,531 0 0 0 0 1,931,541 1,931,541 0 1,931,541 1,931,541 0 29,181 29,181 0 0 0 0 29,181 29,181 0 0 0 0 0 0 0 0 0 0 42,511 42,511 0 0 0 0 42,511 42,511 0 6,391,677 6,391,677 31,190 0 31,190 31,190 6,391,677 6,422,867 0 0 0 0 432,284 432,284 0 432,284 432,284 0 585,789 585,789 28,124 0 28,124 28,124 585,789 613,913 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6,996,208 12,006,391 19,002,599 4,176,473 9,504,684 13,681,157 614,970 18,925,359 19,540,330 0 983,195 983,195 42,511 3,494,323 3,536,834 Land Only - Open Land - Water Cost Land Only - Closed Land - Water Cost Land Only - Water Cost - Total Land Only - Open Land - No Water Cost Land Only - Closed Land - No Water Cost Land Only - No Water Cost - Total Total Footnotes: (1) - (15) Client data Pinnacle Actuarial Resources, Inc. Exhibit 20.1 West Virginia Department of Environmental Protection Office of Special Reclamation Number of Permits Total June 30, 2017 Issue Year 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 Originally Issued (1) Active (2) 1 0 1 0 1 0 9 9 12 21 21 29 34 82 124 155 230 224 196 299 402 474 651 283 276 282 354 339 255 117 132 141 128 123 92 98 103 67 48 60 Inactive (3) 0 0 0 0 0 0 0 0 0 0 0 1 1 0 2 2 2 4 9 16 31 24 40 13 13 13 10 8 18 6 9 16 14 19 8 15 25 10 14 14 In Force Phase Released (4) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6 1 1 2 4 8 8 19 5 5 2 7 8 8 4 5 5 12 10 13 8 13 9 5 7 0 0 0 0 0 0 0 0 0 0 0 2 2 1 3 8 5 10 12 20 51 26 55 15 26 18 22 30 30 13 24 16 19 24 32 29 30 15 11 19 Percent Still In Force (6) Total (5) 0 0 0 0 0 0 0 0 0 0 0 3 3 1 6 16 8 15 23 40 90 58 114 33 44 33 39 46 56 23 38 37 45 53 53 52 68 34 30 40 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 10.3% 8.8% 1.2% 4.8% 10.3% 3.5% 6.7% 11.7% 13.4% 22.4% 12.2% 17.5% 11.7% 15.9% 11.7% 11.0% 13.6% 22.0% 19.7% 28.8% 26.2% 35.2% 43.1% 57.6% 53.1% 66.0% 50.7% 62.5% 66.7% Page 1 Pinnacle Actuarial Resources, Inc. Exhibit 20.1 West Virginia Department of Environmental Protection Office of Special Reclamation Number of Permits Total June 30, 2017 Issue Year 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Total After 1995 Before 1996 Footnotes: (1) (2) (3) (4) (5) (6) Originally Issued (1) Active (2) Inactive (3) In Force Phase Released (4) Percent Still In Force (6) Total (5) 61 59 68 52 41 62 53 63 41 51 46 70 59 40 29 24 5 16 15 30 17 21 18 20 25 17 24 20 47 45 32 27 24 5 5 9 9 6 5 12 8 12 8 8 13 5 3 1 0 0 0 27 17 17 22 8 21 14 16 11 11 7 7 4 1 1 0 0 48 41 56 45 34 51 42 53 36 43 40 59 52 34 28 24 5 6,697 1,200 5,497 760 481 279 280 146 134 752 288 464 1,792 915 877 78.7% 69.5% 82.4% 86.5% 82.9% 82.3% 79.2% 84.1% 87.8% 84.3% 87.0% 84.3% 88.1% 85.0% 96.6% 100.0% 100.0% Exhibit 20.2 Col (1) + Exhibit 20.3 Col (1) + Exhibit 20.4 Col (1) Exhibit 20.2 Col (2) + Exhibit 20.3 Col (2) + Exhibit 20.4 Col (2) Exhibit 20.2 Col (3) + Exhibit 20.3 Col (3) + Exhibit 20.4 Col (3) Exhibit 20.2 Col (4) + Exhibit 20.3 Col (4) + Exhibit 20.4 Col (4) Col (2) + Col (3) + Col (4) Col (5) / Col (1) Page 2 Pinnacle Actuarial Resources, Inc. Exhibit 20.2 West Virginia Department of Environmental Protection Office of Special Reclamation Number of Permits Surface June 30, 2017 Issue Year 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 Originally Issued (1) Active (2) 1 0 1 0 1 0 8 8 12 19 18 22 24 67 97 120 128 126 100 121 138 160 162 109 130 132 133 125 136 57 63 65 39 44 33 42 44 21 17 18 Inactive (3) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 2 0 2 2 1 2 1 6 0 1 1 1 2 0 2 7 2 3 2 In Force Phase Released (4) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3 0 0 0 0 1 0 0 0 1 0 2 1 0 0 0 1 0 2 3 1 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 2 7 2 4 3 11 12 7 6 3 11 10 6 16 16 7 11 12 10 9 17 19 22 8 6 9 Percent Still In Force (6) Total (5) 0 0 0 0 0 0 0 0 0 0 0 1 1 1 2 10 3 5 4 11 14 9 6 5 14 11 10 18 22 7 12 14 11 13 20 22 31 10 9 11 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 4.5% 4.2% 1.5% 2.1% 8.3% 2.3% 4.0% 4.0% 9.1% 10.1% 5.6% 3.7% 4.6% 10.8% 8.3% 7.5% 14.4% 16.2% 12.3% 19.0% 21.5% 28.2% 29.5% 60.6% 52.4% 70.5% 47.6% 52.9% 61.1% Page 1 Pinnacle Actuarial Resources, Inc. Exhibit 20.2 West Virginia Department of Environmental Protection Office of Special Reclamation Number of Permits Surface June 30, 2017 Issue Year 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Total After 1995 Before 1996 Footnotes: (1) (2) (3) (4) (5) (6) Originally Issued (1) Active (2) Inactive (3) In Force Phase Released (4) Percent Still In Force (6) Total (5) 34 19 33 26 16 30 24 24 19 17 22 35 19 18 11 11 1 7 2 11 5 7 4 8 10 7 6 10 26 15 16 10 11 1 3 1 3 1 1 3 3 0 1 2 5 2 1 0 0 0 0 20 9 15 19 5 19 10 13 10 8 5 5 3 1 1 0 0 30 12 29 25 13 26 21 23 18 16 20 33 19 17 11 11 1 2,900 501 2,399 197 172 25 43 29 14 392 207 185 632 408 224 88.2% 63.2% 87.9% 96.2% 81.3% 86.7% 87.5% 95.8% 94.7% 94.1% 90.9% 94.3% 100.0% 94.4% 100.0% 100.0% 100.0% Client data Exhibit 28.1 Col (4) Exhibit 28.1 Col (4) Exhibit 28.1 Col (4) Col (2) + Col (3) + Col (4) Col (5) / Col (1) Page 2 Pinnacle Actuarial Resources, Inc. Exhibit 20.3 West Virginia Department of Environmental Protection Office of Special Reclamation Number of Permits Underground June 30, 2017 Issue Year 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 Originally Issued (1) Active (2) 0 0 0 0 0 0 0 0 0 2 0 1 0 0 2 13 83 80 76 134 147 213 273 117 87 103 159 155 90 43 52 45 45 61 46 44 42 37 24 34 Inactive (3) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 3 5 3 7 12 2 2 2 4 1 2 3 4 8 4 9 2 10 10 4 10 8 In Force Phase Released (4) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 5 8 4 1 0 4 2 3 1 2 0 6 3 8 4 8 9 3 5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 4 8 7 19 10 22 6 8 4 14 13 12 5 10 4 8 14 15 8 8 6 4 9 Percent Still In Force (6) Total (5) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 3 7 12 13 23 22 42 12 11 6 22 16 17 9 16 12 18 26 25 22 26 19 17 22 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 50.0% 7.7% 3.6% 8.8% 15.8% 9.7% 15.6% 10.3% 15.4% 10.3% 12.6% 5.8% 13.8% 10.3% 18.9% 20.9% 30.8% 26.7% 40.0% 42.6% 54.3% 50.0% 61.9% 51.4% 70.8% 64.7% Page 1 Pinnacle Actuarial Resources, Inc. Exhibit 20.3 West Virginia Department of Environmental Protection Office of Special Reclamation Number of Permits Underground June 30, 2017 Issue Year 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Total After 1995 Before 1996 Footnotes: (1) (2) (3) (4) (5) (6) Originally Issued (1) Active (2) Inactive (3) In Force Phase Released (4) Percent Still In Force (6) Total (5) 20 33 22 21 21 19 21 26 16 24 17 19 25 15 13 6 2 5 9 10 8 10 7 7 7 7 12 7 10 19 13 12 6 2 0 5 4 5 4 7 4 11 7 5 7 2 1 1 0 0 0 6 8 2 3 3 2 4 2 0 1 2 0 0 0 0 0 0 11 22 16 16 17 16 15 20 14 18 16 12 20 14 12 6 2 2,528 501 2,027 268 193 75 144 92 52 255 68 187 667 353 314 55.0% 66.7% 72.7% 76.2% 81.0% 84.2% 71.4% 76.9% 87.5% 75.0% 94.1% 63.2% 80.0% 93.3% 92.3% 100.0% 100.0% Client data Exhibit 28.2 Col (4) Exhibit 28.2 Col (4) Exhibit 28.2 Col (4) Col (2) + Col (3) + Col (4) Col (5) / Col (1) Page 2 Pinnacle Actuarial Resources, Inc. Exhibit 20.4 West Virginia Department of Environmental Protection Office of Special Reclamation Number of Permits Other June 30, 2017 Issue Year 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 Originally Issued (1) Active (2) 0 0 0 0 0 0 1 1 0 0 3 6 10 15 25 22 19 18 20 44 117 101 216 57 59 47 62 59 29 17 17 31 44 18 13 12 17 9 7 8 Inactive (3) 0 0 0 0 0 0 0 0 0 0 0 1 1 0 2 2 1 1 5 11 27 15 28 9 9 10 4 6 10 3 4 7 9 8 6 3 8 4 1 4 In Force Phase Released (4) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3 1 0 1 3 6 3 11 1 3 2 1 5 5 3 3 4 6 5 2 3 3 0 2 2 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 2 1 2 20 9 27 6 7 4 2 1 2 1 3 0 1 1 0 2 0 1 1 1 Percent Still In Force (6) Total (5) 0 0 0 0 0 0 0 0 0 0 0 2 2 0 3 5 2 3 7 16 53 27 66 16 19 16 7 12 17 7 10 11 16 14 8 8 11 5 4 7 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 33.3% 20.0% 0.0% 12.0% 22.7% 10.5% 16.7% 35.0% 36.4% 45.3% 26.7% 30.6% 28.1% 32.2% 34.0% 11.3% 20.3% 58.6% 41.2% 58.8% 35.5% 36.4% 77.8% 61.5% 66.7% 64.7% 55.6% 57.1% 87.5% Page 1 Pinnacle Actuarial Resources, Inc. Exhibit 20.4 West Virginia Department of Environmental Protection Office of Special Reclamation Number of Permits Other June 30, 2017 Issue Year 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Total After 1995 Before 1996 Footnotes: (1) (2) (3) (4) (5) (6) Originally Issued (1) Active (2) Inactive (3) In Force Phase Released (4) Percent Still In Force (6) Total (5) 7 7 13 5 4 13 8 13 6 10 7 16 15 7 5 7 2 4 4 9 4 4 7 5 8 3 6 3 11 11 3 5 7 2 2 3 2 0 0 2 1 1 0 1 1 1 1 0 0 0 0 1 0 0 0 0 0 0 1 1 2 0 2 1 0 0 0 0 7 7 11 4 4 9 6 10 4 9 4 14 13 3 5 7 2 1,269 198 1,071 295 116 179 93 25 68 105 13 92 493 154 339 100.0% 100.0% 84.6% 80.0% 100.0% 69.2% 75.0% 76.9% 66.7% 90.0% 57.1% 87.5% 86.7% 42.9% 100.0% 100.0% 100.0% Client data Exhibit 28.3 Col (4) Exhibit 28.3 Col (4) Exhibit 28.3 Col (4) Col (2) + Col (3) + Col (4) Col (5) / Col (1) Page 2 Pinnacle Actuarial Resources, Inc. Exhibit 21.1 West Virginia Department of Environmental Protection Office of Special Reclamation Acres Total June 30, 2017 Issue Year 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 Originally Issued (1) 5 0 6 0 6 0 1,240 366 331 2,796 2,005 2,866 3,364 7,194 7,375 13,205 12,615 14,268 12,574 17,031 24,343 22,964 32,796 16,326 20,860 22,121 16,743 23,161 24,697 11,317 14,027 14,509 12,672 14,785 14,729 17,210 21,532 9,940 6,114 8,517 Active (2) 0 0 0 0 0 0 0 0 0 0 0 20 29 0 34 125 540 206 972 844 3,237 3,723 8,461 2,543 2,376 2,342 644 654 1,806 276 908 1,845 2,216 1,369 1,736 2,318 5,136 2,466 2,163 1,186 In Force Bonded Acres Inactive Phase Released (3) (4) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 103 1,842 52 23 90 516 1,234 463 2,745 387 663 612 455 868 805 502 64 342 1,188 2,909 2,488 1,381 1,927 427 530 610 0 0 0 0 0 0 0 0 0 0 0 409 37 180 189 1,262 774 2,357 1,064 3,034 5,776 2,203 6,919 3,022 5,208 2,843 2,222 5,741 4,892 2,047 16,289 5,762 3,899 4,913 5,404 12,418 9,793 5,839 2,036 7,071 Total (5) 0 0 0 0 0 0 0 0 0 0 0 429 65 180 327 3,229 1,366 2,586 2,126 4,394 10,246 6,390 18,125 5,952 8,246 5,797 3,320 7,262 7,503 2,825 17,262 7,949 7,304 9,191 9,628 16,117 16,855 8,733 4,728 8,868 Percent Still In Force (6) 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 15.0% 1.9% 2.5% 4.4% 24.5% 10.8% 18.1% 16.9% 25.8% 42.1% 27.8% 55.3% 36.5% 39.5% 26.2% 19.8% 31.4% 30.4% 25.0% 123.1% 54.8% 57.6% 62.2% 65.4% 93.6% 78.3% 87.9% 77.3% 104.1% Page 1 Pinnacle Actuarial Resources, Inc. Exhibit 21.1 West Virginia Department of Environmental Protection Office of Special Reclamation Acres Total June 30, 2017 Issue Year Originally Issued (1) Active (2) In Force Bonded Acres Inactive Phase Released (3) (4) Total (5) 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 13,128 6,294 21,460 13,011 4,822 10,864 8,809 11,501 7,140 6,406 6,942 13,508 8,603 5,587 5,397 4,634 488 1,973 2,413 7,545 3,295 3,403 3,187 3,472 4,153 2,708 1,660 1,822 5,569 4,325 2,887 2,173 993 90 1,350 1,102 1,193 1,062 320 672 897 180 504 772 1,020 315 422 12 0 0 0 8,293 2,377 7,418 7,753 1,033 5,331 2,104 2,537 1,960 629 1,070 578 393 220 107 0 0 11,616 5,892 16,156 12,111 4,756 9,190 6,473 6,869 5,172 3,060 3,912 6,462 5,140 3,119 2,281 993 90 Total After 1995 Before 1996 595,205 211,906 383,298 101,842 64,938 36,904 33,048 14,695 18,352 165,405 78,959 86,445 300,295 158,593 141,701 Footnotes: (1) (2) (3) (4) (5) (6) Percent Still In Force (6) 88.5% 93.6% 75.3% 93.1% 98.6% 84.6% 73.5% 59.7% 72.4% 47.8% 56.3% 47.8% 59.8% 55.8% 42.3% 21.4% 18.5% Exhibit 21.2 Col (1) + Exhibit 21.3 Col (1) + Exhibit 21.4 Col (1) Exhibit 21.2 Col (2) + Exhibit 21.3 Col (2) + Exhibit 21.4 Col (2) Exhibit 21.2 Col (3) + Exhibit 21.3 Col (3) + Exhibit 21.4 Col (3) Exhibit 21.2 Col (4) + Exhibit 21.3 Col (4) + Exhibit 21.4 Col (4) Col (2) + Col (3) + Col (4) Col (5) / Col (1) Page 2 Pinnacle Actuarial Resources, Inc. Exhibit 21.2 West Virginia Department of Environmental Protection Office of Special Reclamation Acres Surface June 30, 2017 Issue Year 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 Originally Issued (1) 5 0 6 0 6 0 293 360 331 2,794 1,970 2,816 3,126 6,940 6,956 12,576 11,722 13,184 11,370 13,876 15,790 17,508 14,593 10,105 16,682 19,082 12,667 18,928 21,676 8,889 11,984 12,034 8,729 11,659 12,832 16,042 19,511 7,821 4,658 7,044 Active (2) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 475 70 180 0 3 1,667 0 666 905 1,195 300 336 1,373 0 96 726 342 176 0 981 3,595 1,204 1,868 621 In Force Bonded Acres Inactive Phase Released (3) (4) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,561 0 0 0 0 4 0 0 0 224 0 323 176 0 0 0 127 0 1,793 2,009 1,055 1,493 0 0 0 0 0 0 0 0 0 0 0 0 0 0 400 10 180 155 1,239 749 2,262 925 1,910 3,119 1,608 2,075 1,413 4,476 2,508 1,594 5,472 4,660 1,958 5,668 5,678 3,583 4,245 5,075 12,050 9,486 5,637 1,559 6,526 Total (5) 0 0 0 0 0 0 0 0 0 0 0 400 10 180 155 2,800 1,224 2,332 1,105 1,910 3,126 3,275 2,075 2,080 5,605 3,703 2,216 5,984 6,033 1,958 5,765 6,531 3,925 6,213 7,084 14,087 14,574 6,842 3,428 7,147 Percent Still In Force (6) 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 14.2% 0.3% 2.6% 2.2% 22.3% 10.4% 17.7% 9.7% 13.8% 19.8% 18.7% 14.2% 20.6% 33.6% 19.4% 17.5% 31.6% 27.8% 22.0% 48.1% 54.3% 45.0% 53.3% 55.2% 87.8% 74.7% 87.5% 73.6% 101.5% Page 1 Pinnacle Actuarial Resources, Inc. Exhibit 21.2 West Virginia Department of Environmental Protection Office of Special Reclamation Acres Surface June 30, 2017 Issue Year Originally Issued (1) Active (2) In Force Bonded Acres Inactive Phase Released (3) (4) Total (5) 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 12,580 4,966 19,904 12,193 4,230 10,166 7,956 10,449 6,535 5,052 6,428 11,926 6,668 4,838 4,358 2,779 155 1,885 1,138 5,839 1,967 2,556 2,705 2,737 3,284 2,377 523 1,617 4,551 2,918 2,617 1,826 789 2 1,161 716 1,020 898 244 314 727 0 312 546 794 100 351 0 0 0 0 8,126 2,179 7,398 7,695 990 5,320 2,027 2,479 1,930 561 1,007 571 392 220 107 0 0 11,172 4,033 14,257 10,560 3,790 8,339 5,491 5,763 4,619 1,631 3,418 5,222 3,662 2,837 1,933 789 2 Total After 1995 Before 1996 487,749 186,259 301,490 56,112 47,601 8,511 15,950 9,733 6,218 137,223 76,262 60,961 209,286 133,596 75,690 Footnotes: (1) (2) (3) (4) (5) (6) Percent Still In Force (6) 88.8% 81.2% 71.6% 86.6% 89.6% 82.0% 69.0% 55.2% 70.7% 32.3% 53.2% 43.8% 54.9% 58.6% 44.4% 28.4% 1.3% Client data Exhibit 28.1 Col (5) Exhibit 28.1 Col (5) Exhibit 28.1 Col (5) Col (2) + Col (3) + Col (4) Col (5) / Col (1) Page 2 Pinnacle Actuarial Resources, Inc. Exhibit 21.3 West Virginia Department of Environmental Protection Office of Special Reclamation Acres Underground June 30, 2017 Issue Year 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 Originally Issued (1) 0 0 0 0 0 0 0 0 0 2 0 3 0 0 86 98 592 747 824 1,722 1,978 2,567 8,589 2,685 1,303 1,343 1,949 3,053 1,131 1,593 1,219 659 997 1,120 716 573 743 798 780 775 Active (2) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 123 652 294 198 322 5,590 377 21 32 238 5 81 220 648 235 581 103 101 152 379 110 236 127 In Force Bonded Acres Inactive Phase Released (3) (4) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 103 0 0 23 80 46 69 415 1,032 361 44 0 112 201 105 139 14 0 296 345 307 92 343 427 297 138 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 23 25 36 128 115 764 137 1,766 1,132 333 89 356 255 183 36 10,294 84 213 607 329 184 307 96 297 456 Total (5) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 103 23 25 183 861 455 1,031 875 8,388 1,870 398 122 706 461 369 394 10,955 319 1,090 1,056 738 428 1,029 633 829 721 Percent Still In Force (6) 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 120.1% 23.1% 4.2% 24.4% 104.5% 26.4% 52.1% 34.1% 97.7% 69.7% 30.5% 9.1% 36.2% 15.1% 32.6% 24.8% 898.4% 48.4% 109.3% 94.3% 103.0% 74.7% 138.5% 79.4% 106.3% 93.0% Page 1 Pinnacle Actuarial Resources, Inc. Exhibit 21.3 West Virginia Department of Environmental Protection Office of Special Reclamation Acres Underground June 30, 2017 Issue Year 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Total After 1995 Before 1996 Footnotes: (1) (2) (3) (4) (5) (6) Originally Issued (1) In Force Bonded Acres Inactive Phase Released (3) (4) Active (2) Percent Still In Force (6) Total (5) 237 713 271 431 276 427 547 441 276 556 305 471 628 300 178 135 37 64 581 604 953 227 181 496 272 58 282 87 227 560 226 178 33 22 0 279 142 164 76 303 51 170 192 91 160 24 14 12 0 0 0 150 197 20 58 43 11 77 55 0 26 63 0 0 0 0 0 0 213 1,057 766 1,175 346 495 625 496 250 399 310 251 574 238 178 33 22 44,875 9,898 34,977 15,877 6,055 9,822 6,666 2,974 3,692 18,948 2,040 16,907 41,491 11,069 30,422 90.3% 148.3% 283.1% 272.7% 125.5% 115.9% 114.1% 112.4% 90.6% 71.7% 101.5% 53.4% 91.3% 79.3% 99.8% 24.7% 60.2% Client data Exhibit 28.2 Col (5) Exhibit 28.2 Col (5) Exhibit 28.2 Col (5) Col (2) + Col (3) + Col (4) Col (5) / Col (1) Page 2 Pinnacle Actuarial Resources, Inc. Exhibit 21.4 West Virginia Department of Environmental Protection Office of Special Reclamation Acres Other June 30, 2017 Issue Year 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 Originally Issued (1) 0 0 0 0 0 0 947 6 0 0 34 47 238 254 333 532 301 337 380 1,434 6,576 2,888 9,613 3,535 2,875 1,697 2,127 1,180 1,890 835 824 1,816 2,945 2,006 1,181 595 1,278 1,322 676 699 Active (2) 0 0 0 0 0 0 0 0 0 0 0 20 29 0 34 125 65 13 140 551 3,036 1,734 2,871 1,499 1,450 1,115 105 312 351 56 164 884 1,293 1,090 1,634 1,185 1,162 1,152 59 438 In Force Bonded Acres Inactive Phase Released (3) (4) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 281 52 0 10 470 1,160 48 1,714 26 395 612 20 492 700 363 50 215 892 771 171 233 91 0 233 473 0 0 0 0 0 0 0 0 0 0 0 9 27 0 34 0 0 59 10 1,008 1,893 458 3,078 477 398 245 272 14 49 54 327 0 103 61 0 183 0 106 179 89 Percent Still In Force (6) Total (5) 0 0 0 0 0 0 0 0 0 0 0 29 56 0 68 406 117 71 160 2,029 6,089 2,241 7,662 2,002 2,243 1,972 398 818 1,101 473 542 1,099 2,288 1,922 1,806 1,602 1,253 1,258 471 1,000 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 61.7% 23.3% 0.0% 20.5% 76.4% 38.9% 21.2% 42.0% 141.5% 92.6% 77.6% 79.7% 56.6% 78.0% 116.2% 18.7% 69.3% 58.3% 56.6% 65.7% 60.5% 77.7% 95.8% 152.9% 269.3% 98.0% 95.2% 69.7% 143.1% Page 1 Pinnacle Actuarial Resources, Inc. Exhibit 21.4 West Virginia Department of Environmental Protection Office of Special Reclamation Acres Other June 30, 2017 Issue Year Originally Issued (1) Active (2) In Force Bonded Acres Inactive Phase Released (3) (4) Percent Still In Force (6) Total (5) 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 311 614 1,285 386 317 271 306 611 329 797 208 1,111 1,307 449 861 1,720 296 24 694 1,102 375 619 301 239 596 274 854 118 790 847 45 169 171 66 189 108 31 0 0 54 119 10 0 134 66 192 57 0 0 0 0 17 0 0 0 0 0 0 4 30 42 0 7 1 0 0 0 0 230 802 1,133 375 619 355 358 610 303 1,030 184 988 905 45 169 171 66 Total After 1995 Before 1996 62,580 15,749 46,831 29,853 11,282 18,571 10,432 1,989 8,443 9,233 657 8,576 49,518 13,928 35,590 Footnotes: (1) (2) (3) (4) (5) (6) 73.8% 130.6% 88.2% 97.1% 195.6% 131.1% 116.9% 99.9% 92.2% 129.2% 88.4% 88.9% 69.2% 10.0% 19.7% 9.9% 22.3% Client data Exhibit 28.3 Col (5) Exhibit 28.3 Col (5) Exhibit 28.3 Col (5) Col (2) + Col (3) + Col (4) Col (5) / Col (1) Page 2 Pinnacle Actuarial Resources, Inc. Exhibit 22.1 West Virginia Department of Environmental Protection Office of Special Reclamation Adjustment Factors for Permit Status June 30, 2017 Permit Status Land (1) Water Capital (2) Water Treatment (3) Active Inactive Phased Released 1.00 1.00 0.50 1.00 1.00 0.50 1.00 1.00 1.00 Footnotes: (1) - (3) Selected by the Special Reclamation Advisory Council These factors are intended to reflect that the cost of Phase Release acreage is much less than the cost associated with land that has not had any reclamation activity. Pinnacle Actuarial Resources, Inc. Exhibit 22.2 West Virginia Department of Environmental Protection Office of Special Reclamation Adjustment Factors for Size of Permits June 30, 2017 Bond Category Bond Value Factor (1) Small Medium Large Less than $100,000 Between $100,000 and $500,000 Above $500,000 1.25 1.00 0.25 Footnotes: (1) Selected by the Special Reclamation Advisory Council These factors are intended to reflect the financial strength of the permit holder. Pinnacle Actuarial Resources, Inc. Exhibit 23.1 West Virginia Department of Environmental Protection Office of Special Reclamation Forfeiture and Release Rates June 30, 2017 Years Since Issuance 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 Surface Forfeiture Release (1) (2) 0.00% 0.00% 0.00% 1.10% 1.10% 1.10% 1.10% 1.10% 1.10% 1.10% 1.10% 1.10% 1.10% 1.10% 1.10% 1.10% 1.10% 1.10% 1.10% 1.10% 1.10% 1.10% 1.10% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.00% 0.00% 0.00% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% Underground Forfeiture Release (3) (4) 0.00% 0.00% 0.00% 1.10% 1.10% 1.10% 1.10% 1.10% 1.10% 1.10% 1.10% 1.10% 1.10% 1.10% 1.10% 1.10% 1.10% 1.10% 1.10% 1.10% 1.10% 1.10% 1.10% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.00% 0.00% 0.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% Footnotes: (1) - (2) Exhibit 24.1 (3) - (4) Exhibit 24.2 (5) - (6) Exhibit 24.3 Pinnacle Actuarial Resources, Inc. Other Forfeiture (5) Release (6) 0.00% 0.00% 0.00% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.00% 0.00% 0.00% 0.50% 0.50% 1.00% 1.00% 2.00% 3.00% 3.00% 3.00% 4.00% 4.00% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% 5.00% 5.00% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% Exhibit 24.1 West Virginia Department of Environmental Protection Office of Special Reclamation Surface Number of Permits June 30, 2017 Issue Year 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 12 1 0 1 0 1 0 8 8 12 19 18 22 24 67 97 120 128 126 100 121 138 160 162 109 130 131 133 124 134 57 63 65 39 44 33 42 44 21 17 18 34 19 33 26 16 30 24 24 19 17 22 35 19 18 11 11 1 24 1 0 1 0 1 0 8 8 12 19 18 22 24 67 97 118 128 123 99 121 136 160 159 106 123 129 133 122 134 56 61 63 36 44 33 41 44 21 16 18 34 19 33 26 16 30 24 24 19 17 22 35 19 18 11 11 36 1 0 1 0 1 0 7 8 10 18 18 21 24 67 96 117 123 122 98 120 135 153 152 100 115 125 123 115 131 50 60 63 32 44 33 40 44 20 16 18 34 19 33 26 16 30 24 24 19 17 22 35 19 17 11 48 1 0 1 0 1 0 7 8 10 18 18 21 24 67 95 112 121 119 96 120 125 144 142 93 113 119 120 110 125 47 59 57 31 43 33 39 42 19 16 17 33 19 32 26 15 30 24 24 19 17 22 34 19 17 60 1 0 1 0 1 0 7 8 10 18 18 21 24 67 94 112 119 115 94 107 118 128 125 92 109 115 117 104 121 42 58 56 31 39 33 38 42 18 15 17 33 18 32 26 14 30 23 24 19 17 20 33 19 72 1 0 1 0 1 0 7 8 10 18 18 21 24 67 89 112 118 115 85 102 114 123 118 87 107 110 105 99 118 42 56 55 31 37 32 38 42 17 14 16 33 18 30 26 14 30 23 24 19 16 20 33 84 1 0 1 0 1 0 7 8 10 18 18 21 24 67 87 108 116 97 78 95 108 113 109 85 105 96 94 89 113 41 55 54 28 32 32 38 41 16 14 15 33 16 30 26 14 30 23 24 19 16 20 96 1 0 1 0 1 0 7 8 10 18 18 21 24 66 85 108 91 74 74 90 104 104 100 77 97 87 89 82 102 36 50 49 25 32 30 38 40 16 13 15 31 15 30 26 14 30 23 24 18 16 Months of Maturity 108 120 1 0 1 0 1 0 7 8 10 17 18 21 23 65 84 86 70 62 64 85 96 98 90 72 85 75 79 72 93 30 47 42 23 30 29 36 39 15 11 14 31 15 30 26 14 29 22 23 18 1 0 1 0 1 0 7 8 10 17 18 21 22 64 64 64 56 54 59 80 91 89 63 62 72 65 60 64 84 22 33 36 19 25 27 36 37 15 11 14 31 15 29 26 14 28 21 23 132 144 156 168 180 192 204 216 228 1 0 1 0 1 0 6 8 10 17 18 21 21 49 47 52 43 43 54 76 82 72 54 53 64 58 54 54 67 19 29 32 19 22 26 34 37 15 11 14 31 15 29 26 13 26 21 1 0 1 0 1 0 6 8 10 17 18 20 18 39 35 44 35 41 47 70 76 63 48 43 54 53 42 49 61 17 27 30 18 21 26 34 36 14 11 14 30 14 29 25 13 26 1 0 1 0 1 0 6 8 10 17 18 16 13 29 28 39 27 39 41 64 67 52 42 39 49 47 36 43 53 16 23 27 18 20 25 31 34 12 10 14 30 13 29 25 13 1 0 1 0 1 0 6 7 9 17 14 10 12 24 21 37 25 32 36 57 56 41 34 29 34 43 30 35 49 16 22 26 18 18 25 28 34 11 10 13 30 12 29 25 1 0 0 0 1 0 6 7 9 12 11 8 10 20 19 35 22 30 30 51 52 40 29 27 29 37 24 34 47 15 21 20 16 18 23 27 33 11 9 12 30 12 29 1 0 0 0 1 0 6 7 8 11 8 6 9 17 16 32 22 27 27 47 45 38 26 24 26 30 21 33 45 15 19 20 15 16 22 27 33 11 9 11 30 12 0 0 0 0 1 0 5 5 7 8 7 6 8 16 15 31 21 20 25 44 39 32 22 20 26 26 20 32 43 14 18 17 13 16 22 26 32 11 9 11 30 0 0 0 0 0 0 4 5 7 6 4 5 7 15 13 28 21 17 19 40 36 26 17 20 26 23 19 30 41 11 15 17 12 15 21 23 31 11 9 11 0 0 0 0 0 0 4 4 7 4 4 4 7 13 11 25 19 15 19 38 32 23 16 18 21 22 19 30 36 11 15 17 12 15 21 23 31 10 9 Pinnacle Actuarial Resources, Inc. Page 1 Exhibit 24.1 Exhibit 24.1 West Virginia Department of Environmental Protection Office of Special Reclamation Surface Number of Permits June 30, 2017 Issue Year 240 252 264 276 288 300 312 324 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 0 0 0 0 0 0 2 4 5 4 3 4 7 13 11 23 17 14 17 35 28 19 15 15 19 22 18 29 34 11 14 17 11 15 21 23 31 10 0 0 0 0 0 0 2 3 5 1 3 3 6 10 7 20 14 12 16 30 26 17 15 13 19 20 17 27 32 9 13 16 11 15 21 22 31 0 0 0 0 0 0 1 3 3 1 3 3 4 10 5 20 13 11 15 25 23 16 13 13 19 19 16 25 30 8 13 15 11 14 21 22 0 0 0 0 0 0 1 2 3 1 2 3 4 8 5 19 11 10 15 23 20 14 13 13 19 17 14 25 27 8 13 15 11 13 20 0 0 0 0 0 0 1 2 1 1 2 2 3 5 5 18 10 10 14 22 20 13 13 13 16 15 11 25 27 8 13 14 11 13 0 0 0 0 0 0 1 2 0 1 2 2 3 4 5 14 9 8 13 22 17 13 12 8 15 14 10 23 26 7 13 14 11 0 0 0 0 0 0 1 1 0 1 2 2 2 2 4 14 7 7 10 22 17 13 12 8 15 13 10 20 24 7 12 14 0 0 0 0 0 0 1 0 0 1 2 2 2 2 3 14 7 6 9 21 17 12 12 8 14 13 10 20 24 7 12 Months of Maturity 336 348 0 0 0 0 0 0 0 0 0 1 2 2 2 2 3 14 7 6 9 20 17 11 9 8 14 13 10 20 24 7 0 0 0 0 0 0 0 0 0 1 0 1 1 2 3 14 6 6 7 15 17 11 8 7 14 12 10 19 22 360 372 384 396 408 420 432 444 456 0 0 0 0 0 0 0 0 0 1 0 1 1 2 3 14 6 6 7 14 16 10 8 6 14 12 10 19 0 0 0 0 0 0 0 0 0 1 0 1 1 2 3 14 6 5 6 14 15 10 8 6 14 11 10 0 0 0 0 0 0 0 0 0 1 0 1 1 2 3 14 5 5 6 14 14 9 7 5 14 11 0 0 0 0 0 0 0 0 0 1 0 1 1 2 3 13 5 5 6 14 14 9 7 5 14 0 0 0 0 0 0 0 0 0 1 0 1 1 2 3 13 4 5 6 14 14 9 6 5 0 0 0 0 0 0 0 0 0 1 0 1 1 2 2 12 4 5 6 12 14 9 6 0 0 0 0 0 0 0 0 0 1 0 1 1 2 2 12 4 5 6 12 14 9 0 0 0 0 0 0 0 0 0 1 0 1 1 1 2 12 4 5 5 11 14 0 0 0 0 0 0 0 0 0 1 0 1 1 1 2 11 4 5 4 11 Pinnacle Actuarial Resources, Inc. Page 2 Exhibit 24.1 Exhibit 24.1 West Virginia Department of Environmental Protection Office of Special Reclamation Surface Number of Permits June 30, 2017 Issue Year 468 480 492 504 516 528 540 552 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 0 0 0 0 0 0 0 0 0 0 0 1 1 1 2 11 4 5 4 0 0 0 0 0 0 0 0 0 0 0 1 1 1 2 11 3 5 0 0 0 0 0 0 0 0 0 0 0 1 1 1 2 11 3 0 0 0 0 0 0 0 0 0 0 0 1 1 1 2 10 0 0 0 0 0 0 0 0 0 0 0 1 1 1 2 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 Months of Maturity 564 576 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 588 600 612 624 636 648 660 672 684 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Pinnacle Actuarial Resources, Inc. Page 3 Exhibit 24.1 West Virginia Department of Environmental Protection Office of Special Reclamation Surface Number of Releases June 30, 2017 Completely Released Issue Year 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 12 24 36 48 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 0 7 2 0 1 0 0 0 1 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 2 0 0 1 0 0 0 0 0 0 0 0 0 5 4 5 4 3 3 2 0 1 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 6 8 7 2 1 3 1 1 1 0 0 5 0 0 0 1 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 60 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 10 6 14 12 0 1 2 1 1 3 1 0 1 0 4 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 72 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8 4 3 4 5 4 0 1 7 1 1 0 1 1 0 0 1 0 0 1 1 0 0 0 2 0 0 0 0 0 0 0 0 0 84 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 17 7 7 6 7 4 2 2 4 4 4 4 1 0 0 3 4 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 96 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 21 17 4 5 4 8 8 5 6 4 3 5 9 5 5 3 1 0 2 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 Months of Maturity 108 120 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 22 16 10 9 5 7 6 8 4 5 6 8 9 8 6 3 5 2 2 1 2 1 0 2 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 19 19 14 7 5 4 4 6 15 9 7 9 15 5 8 7 14 5 4 5 2 0 2 0 0 0 0 0 1 0 0 1 1 0 132 144 156 168 180 192 204 216 228 0 0 0 0 0 0 1 0 0 0 0 0 1 13 16 11 11 11 4 4 7 11 5 9 7 6 6 9 17 2 4 4 0 3 1 2 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 9 11 8 7 2 6 3 4 8 5 9 10 4 10 5 4 2 2 2 0 1 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3 5 10 7 5 5 1 2 5 7 6 4 4 4 5 4 3 5 1 4 3 0 1 0 1 2 2 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4 6 1 4 5 2 2 4 4 6 7 8 7 7 13 4 5 8 4 0 1 1 0 2 0 2 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5 2 2 2 3 1 2 2 2 5 4 3 0 5 2 5 4 5 1 2 1 0 6 2 0 2 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 3 2 1 2 3 3 0 2 1 3 5 1 2 2 0 7 2 0 1 0 1 0 0 2 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 2 1 3 1 0 1 1 1 1 1 5 1 3 6 6 4 4 0 4 0 1 2 1 1 0 2 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 2 2 1 0 1 1 3 0 3 6 3 3 6 2 0 0 3 0 2 2 2 3 0 1 1 1 2 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 2 2 2 1 2 0 2 4 2 0 2 3 1 0 0 4 0 0 0 0 0 0 0 0 1 0 Pinnacle Actuarial Resources, Inc. Page 4 Exhibit 24.1 Exhibit 24.1 West Virginia Department of Environmental Protection Office of Special Reclamation Surface Number of Releases June 30, 2017 Completely Released Issue Year 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 240 252 264 276 288 300 312 324 0 0 0 0 0 0 2 0 2 0 1 0 0 0 0 2 2 1 2 3 2 1 1 3 1 0 1 0 2 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3 0 1 1 3 4 3 3 2 1 5 0 2 0 2 0 1 1 0 2 2 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 2 0 0 0 2 0 2 0 1 1 1 3 3 1 1 0 0 1 0 2 2 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 2 0 1 2 1 0 2 3 1 0 0 0 0 2 0 2 0 0 0 0 0 1 0 0 0 0 0 0 0 0 2 0 0 1 1 3 0 1 1 0 1 1 0 1 0 0 2 1 3 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 3 1 2 1 0 3 0 1 2 1 1 0 2 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 2 0 0 2 1 3 0 0 0 0 0 0 1 0 2 2 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 1 0 0 0 0 0 0 Months of Maturity 336 348 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 0 2 0 0 0 1 1 0 1 0 1 2 360 372 384 396 408 420 432 444 456 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 Pinnacle Actuarial Resources, Inc. Page 5 Exhibit 24.1 Exhibit 24.1 West Virginia Department of Environmental Protection Office of Special Reclamation Surface Number of Releases June 30, 2017 Completely Released Issue Year 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 468 480 492 504 516 528 540 552 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Months of Maturity 564 576 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 588 600 612 624 636 648 660 672 684 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Pinnacle Actuarial Resources, Inc. Page 6 Exhibit 24.1 West Virginia Department of Environmental Protection Office of Special Reclamation Surface Number of Forfeitures June 30, 2017 Revoked Issue Year 12 24 36 48 60 72 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 0 3 1 0 2 0 1 3 0 0 0 1 0 1 2 1 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 5 1 1 1 1 2 3 1 4 1 7 5 3 5 1 0 3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 2 3 2 0 4 1 3 5 1 3 2 4 5 3 1 1 1 1 0 0 1 0 0 1 1 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 2 4 2 3 1 2 5 1 3 2 2 5 1 4 1 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5 0 1 0 1 1 1 1 2 1 2 4 5 4 2 0 1 0 0 2 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 84 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 3 1 1 0 0 0 3 5 0 0 10 7 6 1 0 1 1 0 1 0 0 0 1 0 1 0 2 0 0 0 0 0 0 0 0 0 96 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 4 6 0 0 0 1 1 3 2 5 2 2 2 0 0 2 2 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 Months of Maturity 108 120 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 5 2 1 0 1 0 2 1 7 6 2 1 1 0 0 2 0 0 0 0 0 1 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 3 0 1 0 1 1 3 12 1 6 1 4 3 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 132 144 156 168 180 192 204 216 228 0 0 0 0 0 0 0 0 0 0 0 0 0 2 1 1 2 0 1 0 2 6 4 0 1 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 1 3 2 1 1 1 0 1 2 0 2 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 3 1 4 1 2 5 2 0 1 1 2 3 3 0 0 0 0 0 1 2 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 2 0 0 3 1 1 4 3 1 3 2 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 1 2 1 1 0 0 0 2 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 2 1 2 1 1 1 3 0 1 1 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 1 0 0 0 0 0 0 0 1 0 0 0 0 3 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 1 0 0 3 0 0 0 1 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 1 1 0 2 0 0 0 1 0 0 0 0 0 0 0 0 0 0 Pinnacle Actuarial Resources, Inc. Page 7 Exhibit 24.1 Exhibit 24.1 West Virginia Department of Environmental Protection Office of Special Reclamation Surface Number of Forfeitures June 30, 2017 Revoked Issue Year 240 252 264 276 288 300 312 324 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 2 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 2 0 0 0 0 1 0 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 2 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 2 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 3 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 Months of Maturity 336 348 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 5 0 0 0 0 0 0 0 0 0 360 372 384 396 408 420 432 444 456 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Pinnacle Actuarial Resources, Inc. Page 8 Exhibit 24.1 Exhibit 24.1 West Virginia Department of Environmental Protection Office of Special Reclamation Surface Number of Forfeitures June 30, 2017 Revoked Issue Year 468 480 492 504 516 528 540 552 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Months of Maturity 564 576 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 588 600 612 624 636 648 660 672 684 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Pinnacle Actuarial Resources, Inc. Page 9 Exhibit 24.1 West Virginia Department of Environmental Protection Office of Special Reclamation Surface Number of Misc Terminations June 30, 2017 Terminated Issue Year 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 12 24 36 48 60 72 84 96 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Months of Maturity 108 120 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 132 144 156 168 180 192 204 216 228 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Pinnacle Actuarial Resources, Inc. Page 10 Exhibit 24.1 Exhibit 24.1 West Virginia Department of Environmental Protection Office of Special Reclamation Surface Number of Misc Terminations June 30, 2017 Terminated Issue Year 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 240 252 264 276 288 300 312 324 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Months of Maturity 336 348 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 360 372 384 396 408 420 432 444 456 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Pinnacle Actuarial Resources, Inc. Page 11 Exhibit 24.1 Exhibit 24.1 West Virginia Department of Environmental Protection Office of Special Reclamation Surface Number of Misc Terminations June 30, 2017 Terminated Issue Year 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 468 480 492 504 516 528 540 552 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Months of Maturity 564 576 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 588 600 612 624 636 648 660 672 684 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Pinnacle Actuarial Resources, Inc. Page 12 Exhibit 24.1 West Virginia Department of Environmental Protection Office of Special Reclamation Surface Forfeiture Percentages June 30, 2017 Issue Year 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Weighted Avg 5 Year 10 Year 15 Year All Year Prior Selected Selected Months of Maturity 108 120 12 24 36 48 60 72 84 96 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.74% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.67% 0.00% 2.38% 1.00% 0.00% 1.45% 0.00% 0.62% 2.75% 0.00% 0.00% 0.00% 0.81% 0.00% 1.75% 3.17% 1.54% 5.13% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 5.26% 0.00% 0.00% 0.00% 0.00% 1.03% 0.85% 3.91% 0.81% 1.01% 0.83% 0.74% 1.25% 1.89% 0.94% 3.25% 0.78% 5.26% 4.10% 2.24% 8.93% 1.64% 0.00% 8.33% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.04% 3.42% 1.63% 2.46% 2.04% 0.00% 2.96% 0.65% 1.97% 5.00% 0.87% 2.40% 1.63% 3.48% 3.82% 6.00% 1.67% 1.59% 3.13% 2.27% 0.00% 0.00% 2.27% 0.00% 0.00% 5.56% 2.94% 0.00% 0.00% 0.00% 6.25% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 2.86% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.05% 0.00% 1.65% 3.36% 2.08% 2.50% 0.80% 1.39% 3.52% 1.08% 2.65% 1.68% 1.67% 4.55% 0.80% 8.51% 1.69% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 5.26% 6.25% 0.00% 0.00% 5.26% 0.00% 0.00% 0.00% 0.00% 4.17% 0.00% 0.00% 0.00% 4.55% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 5.32% 0.00% 0.84% 0.00% 1.06% 0.93% 0.85% 0.78% 1.60% 1.09% 1.83% 3.48% 4.27% 3.85% 1.65% 0.00% 1.72% 0.00% 0.00% 5.13% 0.00% 0.00% 0.00% 0.00% 0.00% 5.88% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 5.88% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 2.25% 2.68% 0.85% 0.87% 0.00% 0.00% 0.00% 2.44% 4.24% 0.00% 0.00% 9.09% 6.67% 6.06% 0.85% 0.00% 1.79% 1.82% 0.00% 2.70% 0.00% 0.00% 0.00% 5.88% 0.00% 6.25% 0.00% 11.11% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.49% 1.15% 0.00% 3.45% 6.19% 0.00% 0.00% 0.00% 0.88% 0.92% 3.53% 1.90% 5.21% 2.13% 2.25% 1.77% 0.00% 0.00% 3.70% 7.14% 0.00% 0.00% 0.00% 0.00% 0.00% 7.14% 0.00% 3.03% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 5.26% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 5.56% 0.00% 0.00% 4.17% 1.52% 1.18% 0.00% 5.49% 2.70% 1.35% 0.00% 0.96% 0.00% 2.00% 1.30% 7.22% 6.90% 2.25% 1.22% 0.98% 0.00% 0.00% 4.08% 0.00% 0.00% 0.00% 0.00% 0.00% 6.25% 0.00% 6.67% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 4.35% 4.17% 0.00% 0.00% 0.00% 0.00% 0.03% 0.00% 0.00% 0.00% 0.00% 0.00% 0.66% 0.00% 0.00% 0.00% 0.00% 0.00% 1.65% 0.00% 0.00% 0.91% 0.90% 1.13% 1.89% 1.25% 1.10% 0.90% 0.87% 1.15% 1.66% 1.25% 1.10% 0.88% 0.42% 0.59% 1.39% 1.25% 1.10% 0.00% 0.91% 1.17% 1.91% 1.25% 1.10% 0.89% 0.87% 0.85% 1.63% 1.25% 1.10% 1.83% 1.33% 1.10% 1.86% 1.25% 1.10% 132 144 156 168 180 192 204 216 228 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 4.35% 1.54% 1.19% 3.49% 0.00% 1.61% 0.00% 1.18% 1.04% 3.06% 13.33% 1.39% 7.06% 1.33% 5.06% 4.17% 1.08% 3.33% 0.00% 2.38% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 3.13% 1.56% 1.56% 3.57% 0.00% 1.69% 0.00% 2.20% 6.74% 6.35% 0.00% 1.39% 1.54% 0.00% 1.56% 0.00% 4.55% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 7.14% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 2.04% 2.13% 0.00% 2.33% 0.00% 1.85% 3.95% 2.44% 1.39% 1.85% 1.89% 0.00% 1.72% 3.70% 0.00% 2.99% 0.00% 0.00% 0.00% 5.26% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 3.85% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 5.00% 0.00% 0.00% 0.00% 0.00% 8.57% 2.44% 8.51% 1.43% 2.63% 7.94% 4.17% 0.00% 1.85% 1.89% 4.76% 6.12% 4.92% 0.00% 0.00% 0.00% 0.00% 0.00% 3.85% 5.88% 0.00% 0.00% 0.00% 0.00% 0.00% 7.14% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 12.50% 10.00% 0.00% 0.00% 0.00% 0.00% 3.45% 7.14% 0.00% 0.00% 7.69% 2.44% 1.56% 5.97% 5.77% 2.38% 7.69% 4.08% 0.00% 2.78% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 3.23% 0.00% 0.00% 0.00% 7.14% 0.00% 7.69% 0.00% 0.00% 0.00% 0.00% 100.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 7.14% 0.00% 0.00% 4.17% 4.76% 0.00% 4.00% 0.00% 2.78% 3.51% 1.79% 2.44% 0.00% 0.00% 0.00% 4.65% 3.33% 0.00% 0.00% 0.00% 4.55% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 5.00% 0.00% 0.00% 0.00% 3.33% 6.67% 1.96% 3.85% 2.50% 3.45% 3.70% 10.34% 0.00% 4.17% 2.94% 2.13% 0.00% 4.76% 0.00% 6.25% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 100.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 7.41% 3.70% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 4.76% 0.00% 0.00% 0.00% 0.00% 15.00% 0.00% 0.00% 0.00% 0.00% 3.03% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 14.29% 0.00% 12.50% 0.00% 6.67% 0.00% 0.00% 0.00% 0.00% 2.27% 0.00% 0.00% 13.64% 0.00% 0.00% 0.00% 5.00% 0.00% 0.00% 7.14% 0.00% 0.00% 0.00% 0.00% 0.00% 3.85% 3.13% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 16.67% 0.00% 0.00% 0.00% 0.00% 0.00% 3.57% 4.76% 0.00% 0.00% 0.00% 0.00% 3.85% 5.88% 0.00% 7.69% 0.00% 0.00% 0.00% 2.44% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 2.22% 1.25% 1.10% 1.69% 0.98% 0.57% 1.53% 1.25% 1.10% 0.92% 0.46% 0.57% 1.33% 1.25% 1.10% 0.90% 1.36% 1.17% 2.62% 1.25% 1.10% 1.80% 1.35% 0.92% 2.43% 1.25% 1.10% 0.00% 0.00% 0.29% 1.47% 1.25% 1.10% 0.00% 0.52% 1.22% 2.15% 1.25% 1.10% 1.06% 2.06% 1.53% 1.18% 1.25% 1.10% 2.25% 1.14% 1.29% 1.65% 1.25% 1.10% 0.00% 0.00% 0.99% 1.35% 1.25% 1.10% Pinnacle Actuarial Resources, Inc. Page 13 Exhibit 24.1 Exhibit 24.1 West Virginia Department of Environmental Protection Office of Special Reclamation Surface Forfeiture Percentages June 30, 2017 Issue Year 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Weighted Avg 5 Year 10 Year 15 Year All Year Prior Selected Selected Months of Maturity 336 348 240 252 264 276 288 300 312 324 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 6.25% 8.70% 0.00% 0.00% 4.76% 0.00% 0.00% 3.33% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 25.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 7.14% 0.00% 0.00% 0.00% 0.00% 4.55% 0.00% 6.90% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 50.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 6.67% 0.00% 0.00% 6.67% 0.00% 0.00% 0.00% 5.88% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 6.25% 0.00% 0.00% 0.00% 10.53% 0.00% 0.00% 3.33% 0.00% 0.00% 0.00% 0.00% 7.14% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 5.26% 5.88% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 5.56% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 23.08% 0.00% 0.00% 9.09% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 20.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 4.35% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 25.00% 0.00% 0.00% 14.29% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.66% 1.10% 1.25% 1.10% 0.00% 0.97% 1.02% 1.20% 1.25% 1.10% 0.00% 0.55% 0.75% 1.18% 1.25% 1.10% 1.35% 2.33% 1.95% 1.34% 1.25% 1.10% 0.00% 1.23% 0.82% 0.61% 1.25% 1.00% 0.00% 2.61% 1.70% 1.69% 1.25% 1.00% 1.20% 0.70% 0.47% 0.78% 1.25% 1.00% 0.00% 0.00% 0.51% 0.88% 1.25% 1.00% 0.00% 0.00% 0.00% 0.00% 1.25% 1.00% 360 372 384 396 408 420 432 444 456 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 50.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 25.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 6.25% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 16.67% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 7.14% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 3.42% 2.70% 3.09% 1.25% 1.00% 0.00% 0.00% 0.00% 0.00% 1.25% 1.00% 0.00% 0.97% 0.78% 0.76% 1.25% 1.00% 0.00% 1.05% 0.86% 0.85% 1.25% 1.00% 0.00% 1.08% 1.00% 0.99% 1.25% 1.00% 0.00% 0.00% 0.00% 0.00% 1.25% 0.01% 0.00% 0.00% 0.00% 0.00% 1.25% 0.01% 0.00% 0.00% 0.00% 0.00% 1.25% 0.01% 0.00% 0.00% 0.00% 0.00% 1.25% 0.01% 0.00% 0.00% 0.00% 0.00% 1.25% 0.01% Pinnacle Actuarial Resources, Inc. Page 14 Exhibit 24.1 Exhibit 24.1 West Virginia Department of Environmental Protection Office of Special Reclamation Surface Forfeiture Percentages June 30, 2017 Issue Year 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Weighted Avg 5 Year 10 Year 15 Year All Year Prior Selected Selected Months of Maturity 564 576 468 480 492 504 516 528 540 552 588 600 612 624 636 648 660 672 684 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.25% 0.01% 0.00% 0.00% 0.00% 0.00% 1.25% 0.01% 0.00% 0.00% 0.00% 0.00% 1.25% 0.01% 0.00% 0.00% 0.00% 0.00% 1.25% 0.01% 0.00% 0.00% 0.00% 0.00% 1.25% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.25% 0.01% 0.00% 1.25% 0.01% 0.00% 1.25% 0.01% 0.00% 1.25% 0.01% 0.00% 1.25% 0.01% 0.00% 1.25% 0.01% 0.00% 1.25% 0.01% 0.00% 1.25% 0.01% 0.00% 1.25% 0.01% 0.00% 1.25% 0.01% 0.00% 1.25% 0.01% 0.00% 1.25% 0.01% 0.00% 1.25% 0.01% 0.00% 1.25% 0.01% Pinnacle Actuarial Resources, Inc. Page 15 Exhibit 24.1 West Virginia Department of Environmental Protection Office of Special Reclamation Surface Release Percentages June 30, 2017 Issue Year 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Weighted Avg 5 Year 10 Year 15 Year All Year Prior Selected Selected Months of Maturity 108 120 12 24 36 48 60 72 84 96 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.76% 0.00% 0.80% 0.74% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.23% 0.00% 5.38% 1.53% 0.00% 0.81% 0.00% 0.00% 0.00% 1.54% 2.56% 0.00% 0.00% 2.38% 0.00% 0.00% 5.88% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 12.50% 0.00% 16.67% 0.00% 0.00% 4.55% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 3.13% 2.52% 4.72% 3.25% 2.33% 2.26% 1.64% 0.00% 1.79% 0.00% 0.00% 2.78% 0.00% 0.00% 2.44% 0.00% 4.76% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 5.56% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.85% 0.00% 0.00% 0.00% 0.00% 4.44% 5.23% 4.61% 2.00% 0.87% 2.40% 0.81% 0.87% 0.76% 0.00% 0.00% 7.94% 0.00% 0.00% 0.00% 2.50% 2.27% 5.00% 0.00% 0.00% 0.00% 0.00% 3.03% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 8.33% 4.80% 9.72% 8.45% 0.00% 0.88% 1.68% 0.83% 0.91% 2.40% 2.13% 0.00% 1.75% 0.00% 9.30% 0.00% 2.56% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 6.67% 0.00% 0.00% 0.00% 0.00% 0.00% 4.55% 2.94% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 8.51% 3.74% 2.54% 3.13% 4.00% 4.35% 0.00% 0.87% 5.98% 0.96% 0.83% 0.00% 1.72% 1.79% 0.00% 0.00% 3.03% 0.00% 0.00% 5.56% 6.67% 0.00% 0.00% 0.00% 6.25% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.89% 0.85% 14.78% 8.24% 6.86% 5.26% 5.69% 3.39% 2.30% 1.87% 3.64% 3.81% 4.04% 3.39% 2.38% 0.00% 0.00% 9.68% 10.81% 0.00% 0.00% 2.38% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.15% 0.00% 18.10% 17.53% 5.13% 5.26% 3.70% 7.08% 7.34% 5.88% 5.71% 4.17% 3.19% 5.62% 7.96% 12.20% 9.09% 5.56% 3.57% 0.00% 6.25% 0.00% 2.44% 0.00% 0.00% 0.00% 3.03% 6.25% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 20.37% 17.58% 13.51% 12.16% 5.56% 6.73% 5.77% 8.00% 5.19% 5.15% 6.90% 8.99% 10.98% 7.84% 16.67% 6.00% 10.20% 8.00% 6.25% 3.33% 5.26% 2.50% 0.00% 15.38% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 3.33% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.10% 0.00% 0.00% 0.00% 0.00% 0.00% 0.55% 0.00% 0.00% 0.95% 0.46% 0.29% 1.23% 0.00% 0.00% 0.00% 0.00% 0.28% 1.45% 0.50% 0.50% 1.80% 1.30% 0.86% 2.27% 0.50% 0.50% 0.00% 0.84% 1.18% 1.78% 1.00% 0.50% 0.00% 0.00% 0.29% 3.28% 1.00% 0.50% 0.00% 0.87% 0.85% 5.25% 2.00% 0.50% 0.92% 0.44% 1.93% 7.07% 3.00% 0.50% 132 144 156 168 180 192 204 216 228 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 22.62% 22.09% 20.00% 11.29% 7.81% 4.71% 4.17% 6.12% 16.67% 12.50% 8.24% 12.00% 18.99% 6.94% 8.60% 23.33% 29.79% 11.90% 17.39% 16.67% 6.90% 0.00% 5.13% 0.00% 0.00% 0.00% 0.00% 0.00% 3.33% 0.00% 0.00% 3.45% 4.55% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 14.29% 0.00% 0.00% 0.00% 0.00% 0.00% 4.55% 20.31% 25.00% 17.19% 19.64% 20.37% 6.78% 5.00% 7.69% 12.36% 7.94% 14.52% 9.72% 9.23% 10.00% 14.06% 20.24% 9.09% 12.12% 11.11% 0.00% 12.00% 3.70% 5.56% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 7.14% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 4.76% 14.29% 18.37% 23.40% 15.38% 16.28% 4.65% 11.11% 3.95% 4.88% 11.11% 9.26% 16.98% 15.63% 6.90% 18.52% 9.26% 5.97% 10.53% 6.90% 6.25% 0.00% 4.55% 0.00% 0.00% 2.70% 6.67% 0.00% 0.00% 3.23% 6.67% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 15.00% 27.78% 25.64% 20.00% 11.36% 14.29% 2.44% 4.26% 7.14% 9.21% 9.52% 8.33% 9.30% 7.41% 9.43% 9.52% 6.12% 8.20% 5.88% 14.81% 10.00% 0.00% 4.76% 0.00% 2.94% 5.56% 14.29% 9.09% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 22.22% 37.50% 7.69% 13.79% 17.86% 5.13% 7.41% 10.26% 9.76% 9.38% 10.45% 15.38% 16.67% 17.95% 26.53% 8.51% 13.89% 18.60% 7.55% 0.00% 4.35% 3.70% 0.00% 10.00% 0.00% 6.45% 0.00% 8.33% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 29.41% 14.29% 20.00% 16.67% 12.50% 4.76% 5.41% 8.00% 6.25% 13.89% 7.02% 5.36% 0.00% 14.71% 6.90% 14.71% 9.30% 16.67% 2.86% 4.08% 6.25% 0.00% 23.08% 11.11% 0.00% 8.00% 3.57% 2.94% 0.00% 10.00% 7.69% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 11.11% 8.33% 27.27% 25.00% 10.00% 10.00% 15.79% 8.57% 0.00% 6.67% 3.33% 5.88% 9.62% 2.50% 6.90% 7.41% 0.00% 18.92% 8.33% 0.00% 2.13% 0.00% 4.76% 0.00% 0.00% 11.11% 4.35% 0.00% 0.00% 0.00% 0.00% 8.33% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 16.67% 28.57% 12.50% 27.27% 12.50% 0.00% 11.11% 5.88% 6.25% 3.13% 4.55% 18.52% 3.70% 6.38% 13.33% 15.79% 15.38% 16.67% 0.00% 13.33% 0.00% 3.03% 4.44% 6.67% 5.26% 0.00% 13.33% 0.00% 0.00% 3.70% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 100.00% 0.00% 20.00% 0.00% 0.00% 25.00% 28.57% 16.67% 0.00% 6.25% 6.67% 9.68% 0.00% 15.00% 24.00% 6.82% 7.69% 18.75% 9.09% 0.00% 0.00% 11.54% 0.00% 6.25% 4.65% 14.29% 16.67% 0.00% 7.69% 6.25% 4.55% 7.69% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 20.00% 0.00% 16.67% 0.00% 20.00% 0.00% 13.33% 15.38% 7.14% 4.76% 11.76% 0.00% 5.00% 11.11% 7.69% 0.00% 10.00% 11.54% 4.35% 0.00% 0.00% 9.76% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 9.09% 0.00% 1.75% 1.40% 3.30% 9.95% 5.00% 4.00% 0.85% 0.49% 2.01% 10.15% 5.00% 4.00% 0.92% 1.84% 2.00% 8.43% 5.00% 4.00% 0.00% 2.73% 4.09% 7.94% 5.00% 4.00% 0.00% 1.35% 2.14% 9.70% 5.00% 4.00% 2.13% 2.86% 4.99% 7.56% 5.00% 4.00% 1.35% 2.09% 1.83% 5.61% 5.00% 4.00% 0.00% 1.55% 2.45% 7.10% 5.00% 4.00% 2.25% 4.57% 5.48% 7.78% 5.00% 4.00% 1.05% 0.61% 2.96% 5.22% 5.00% 4.00% Pinnacle Actuarial Resources, Inc. Page 16 Exhibit 24.1 Exhibit 24.1 West Virginia Department of Environmental Protection Office of Special Reclamation Surface Release Percentages June 30, 2017 Issue Year 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Weighted Avg 5 Year 10 Year 15 Year All Year Prior Selected Selected Months of Maturity 336 348 240 252 264 276 288 300 312 324 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 50.00% 0.00% 28.57% 0.00% 25.00% 0.00% 0.00% 0.00% 0.00% 8.00% 10.53% 6.67% 10.53% 7.89% 6.25% 4.35% 6.25% 16.67% 4.76% 0.00% 5.26% 0.00% 5.56% 0.00% 6.67% 0.00% 8.33% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 75.00% 0.00% 25.00% 14.29% 23.08% 36.36% 13.04% 17.65% 14.29% 5.88% 14.29% 0.00% 10.53% 0.00% 13.33% 0.00% 4.55% 5.56% 0.00% 5.88% 18.18% 7.14% 5.88% 0.00% 0.00% 0.00% 4.35% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 40.00% 0.00% 0.00% 0.00% 33.33% 0.00% 28.57% 0.00% 7.14% 8.33% 6.25% 10.00% 11.54% 5.88% 6.67% 0.00% 0.00% 5.00% 0.00% 7.41% 6.25% 11.11% 0.00% 6.25% 0.00% 6.67% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 33.33% 0.00% 0.00% 33.33% 0.00% 0.00% 20.00% 0.00% 5.00% 15.38% 9.09% 0.00% 8.00% 13.04% 6.25% 0.00% 0.00% 0.00% 0.00% 12.50% 0.00% 6.67% 0.00% 0.00% 0.00% 0.00% 0.00% 4.76% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 66.67% 0.00% 0.00% 33.33% 25.00% 37.50% 0.00% 5.26% 9.09% 0.00% 6.67% 4.35% 0.00% 7.14% 0.00% 0.00% 10.53% 5.88% 21.43% 0.00% 0.00% 0.00% 0.00% 6.67% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 100.00% 0.00% 0.00% 0.00% 0.00% 20.00% 0.00% 16.67% 10.00% 20.00% 7.14% 0.00% 15.00% 0.00% 7.69% 15.38% 6.25% 6.67% 0.00% 8.00% 3.70% 12.50% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 50.00% 0.00% 0.00% 0.00% 0.00% 33.33% 50.00% 0.00% 0.00% 22.22% 12.50% 23.08% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 7.14% 0.00% 8.70% 7.69% 0.00% 7.69% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 100.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 10.00% 4.55% 0.00% 7.69% 0.00% 0.00% 6.67% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 100.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 4.76% 0.00% 8.33% 25.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 2.09% 2.99% 5.13% 7.00% 5.00% 0.99% 3.40% 3.73% 7.78% 7.00% 5.00% 2.35% 3.83% 3.75% 5.88% 7.00% 5.00% 1.35% 2.91% 3.52% 5.09% 7.00% 5.00% 1.67% 4.32% 3.67% 5.78% 7.00% 5.00% 2.74% 5.23% 5.53% 7.12% 7.00% 5.00% 6.02% 4.23% 4.65% 6.20% 7.00% 5.00% 0.00% 1.49% 2.03% 2.21% 7.00% 5.00% 0.00% 2.92% 2.58% 2.90% 7.00% 5.00% 360 372 384 396 408 420 432 444 456 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 50.00% 50.00% 50.00% 0.00% 0.00% 0.00% 14.29% 0.00% 22.22% 0.00% 0.00% 0.00% 11.11% 12.50% 0.00% 7.69% 0.00% 5.00% 8.33% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 6.67% 5.88% 9.09% 0.00% 14.29% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 16.67% 14.29% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 8.33% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 6.67% 10.00% 12.50% 16.67% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 20.00% 0.00% 0.00% 0.00% 0.00% 0.00% 14.29% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 33.33% 7.69% 0.00% 0.00% 0.00% 14.29% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 50.00% 0.00% 0.00% 0.00% 0.00% 16.67% 8.33% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 8.33% 0.00% 0.00% 20.00% 0.00% 4.94% 4.11% 4.86% 6.19% 7.00% 5.00% 1.61% 3.33% 2.65% 2.60% 7.00% 5.00% 2.00% 2.91% 2.33% 2.29% 7.00% 5.00% 6.12% 4.21% 3.45% 3.42% 7.00% 5.00% 0.00% 0.00% 0.00% 0.00% 7.00% 5.00% 2.04% 2.47% 2.33% 2.33% 7.00% 5.00% 4.08% 5.26% 5.06% 5.06% 7.00% 5.00% 0.00% 0.00% 0.00% 0.00% 7.00% 5.00% 4.88% 5.08% 5.00% 5.00% 7.00% 5.00% 5.41% 4.76% 4.65% 4.65% 7.00% 5.00% Pinnacle Actuarial Resources, Inc. Page 17 Exhibit 24.1 Exhibit 24.1 West Virginia Department of Environmental Protection Office of Special Reclamation Surface Release Percentages June 30, 2017 Issue Year 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Weighted Avg 5 Year 10 Year 15 Year All Year Prior Selected Selected Months of Maturity 564 576 468 480 492 504 516 528 540 552 588 600 612 624 636 648 660 672 684 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 100.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 25.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 9.09% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 3.33% 3.33% 3.33% 7.00% 5.00% 4.35% 4.00% 4.00% 4.00% 7.00% 5.00% 0.00% 0.00% 0.00% 0.00% 7.00% 5.00% 6.25% 6.25% 6.25% 6.25% 7.00% 5.00% 0.00% 0.00% 0.00% 0.00% 7.00% 4.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 7.00% 4.00% 0.00% 7.00% 4.00% 0.00% 7.00% 4.00% 0.00% 7.00% 4.00% 0.00% 7.00% 4.00% 0.00% 7.00% 4.00% 0.00% 7.00% 4.00% 0.00% 7.00% 4.00% 0.00% 7.00% 4.00% 0.00% 7.00% 4.00% 0.00% 7.00% 4.00% 0.00% 7.00% 4.00% 0.00% 7.00% 4.00% 0.00% 7.00% 4.00% Pinnacle Actuarial Resources, Inc. Page 18 Exhibit 24.2 West Virginia Department of Environmental Protection Office of Special Reclamation Underground Number of Permits June 30, 2017 Issue Year 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 12 0 0 0 0 0 0 0 0 0 2 0 1 0 0 2 13 83 80 76 134 147 213 273 116 87 103 159 154 90 43 52 45 45 61 46 44 42 37 24 34 20 33 22 21 21 19 21 26 16 24 17 19 25 15 13 6 2 24 0 0 0 0 0 0 0 0 0 2 0 1 0 0 2 13 82 78 75 134 147 213 270 113 87 99 153 151 90 40 51 45 39 59 44 44 42 37 24 34 20 33 22 20 21 19 21 25 16 24 17 19 25 15 12 6 36 0 0 0 0 0 0 0 0 0 2 0 1 0 0 2 13 80 74 75 132 147 208 264 105 84 97 146 143 86 37 51 41 39 58 43 43 42 37 24 34 20 33 21 20 21 19 21 23 16 24 17 16 25 14 12 48 0 0 0 0 0 0 0 0 0 2 0 1 0 0 2 13 77 67 75 132 138 190 255 97 79 96 140 134 80 36 46 40 38 58 43 41 42 35 24 34 20 32 21 20 20 19 21 23 16 23 17 15 22 14 60 0 0 0 0 0 0 0 0 0 2 0 1 0 0 2 13 74 65 74 115 132 176 242 82 77 92 134 126 76 34 43 40 37 55 42 39 41 35 24 33 20 32 20 20 20 19 21 22 14 23 17 12 20 72 0 0 0 0 0 0 0 0 0 2 0 1 0 0 2 12 71 64 57 103 131 160 218 76 67 92 114 114 67 34 40 36 35 51 41 38 37 32 23 33 19 30 18 20 19 17 20 22 14 22 16 12 84 0 0 0 0 0 0 0 0 0 2 0 1 0 0 2 12 67 50 51 98 129 147 202 70 65 88 108 99 66 30 39 34 34 49 39 36 37 30 23 31 19 30 18 20 19 17 20 22 14 18 16 96 0 0 0 0 0 0 0 0 0 2 0 1 0 0 2 11 55 38 43 96 127 140 195 67 65 85 102 87 63 26 38 33 34 48 38 36 36 30 23 29 19 29 17 19 18 17 19 22 14 18 Months of Maturity 108 120 0 0 0 0 0 0 0 0 0 2 0 1 0 0 2 10 43 31 42 89 126 139 183 64 62 78 92 77 57 26 37 33 33 46 38 36 35 30 22 29 19 29 17 18 18 17 19 21 14 0 0 0 0 0 0 0 0 0 2 0 0 0 0 2 7 38 29 38 85 122 134 173 61 60 68 84 69 53 24 35 30 32 46 38 36 32 30 22 29 18 28 17 16 18 17 17 20 132 0 0 0 0 0 0 0 0 0 2 0 0 0 0 2 7 33 29 38 85 120 123 162 51 51 62 78 60 47 22 29 28 31 43 35 35 29 29 22 26 17 25 16 16 18 16 15 144 0 0 0 0 0 0 0 0 0 2 0 0 0 0 1 7 31 27 38 84 116 114 153 49 44 57 72 51 43 21 28 27 30 40 33 32 28 27 22 26 17 25 16 16 17 16 156 0 0 0 0 0 0 0 0 0 2 0 0 0 0 1 5 31 26 38 83 114 107 141 44 42 47 63 41 41 19 26 24 30 40 31 30 28 26 22 26 17 24 16 16 17 168 0 0 0 0 0 0 0 0 0 2 0 0 0 0 1 5 28 26 37 83 110 85 132 39 37 42 51 36 38 19 25 22 29 38 30 30 28 26 21 26 16 23 16 16 180 0 0 0 0 0 0 0 0 0 2 0 0 0 0 1 4 27 26 36 80 101 77 124 36 35 33 47 29 30 16 24 20 25 34 30 29 28 26 21 26 15 22 16 192 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 4 26 25 36 73 90 68 110 33 28 27 42 27 29 16 24 19 24 34 28 27 28 25 20 26 11 22 204 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 4 24 24 34 67 78 61 101 30 25 26 41 24 28 16 24 18 23 31 28 27 27 22 20 22 11 216 228 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 3 23 22 30 63 73 54 85 27 22 22 39 24 24 16 23 17 22 31 28 27 27 22 17 22 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 3 22 20 29 52 66 49 81 25 22 21 38 22 24 16 22 16 22 30 26 25 27 19 17 Pinnacle Actuarial Resources, Inc. Page 1 Exhibit 24.2 Exhibit 24.2 West Virginia Department of Environmental Protection Office of Special Reclamation Underground Number of Permits June 30, 2017 Issue Year 240 252 264 276 288 300 312 324 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 3 17 20 29 51 57 42 77 23 21 19 35 21 22 13 19 16 21 28 25 25 27 19 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 3 15 19 28 44 53 41 72 23 20 16 33 20 22 13 19 14 19 27 25 22 26 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 2 14 17 27 39 46 40 69 23 17 13 30 19 21 13 19 13 19 26 25 22 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 2 11 13 26 31 42 36 66 21 17 10 29 17 20 11 19 13 18 26 25 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 2 9 13 25 29 39 36 63 18 13 9 29 17 18 11 18 12 18 26 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 2 9 12 23 28 38 30 55 17 13 8 27 17 17 10 17 12 18 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 8 12 20 20 36 28 53 16 13 8 27 17 17 10 17 12 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 7 12 19 17 33 26 53 14 13 7 25 16 17 10 16 Months of Maturity 336 348 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 7 12 19 17 31 26 51 14 13 7 24 16 17 9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 7 11 17 17 29 25 49 14 12 7 24 16 17 360 372 384 396 408 420 432 444 456 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 6 11 15 17 28 25 48 13 12 6 22 16 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 5 10 14 16 28 23 43 13 12 6 22 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 5 10 14 16 27 23 43 13 11 6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 5 9 13 16 27 22 42 12 11 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 4 8 13 15 23 22 42 12 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 4 7 13 14 23 22 42 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 4 7 13 13 23 22 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 4 7 13 13 23 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 4 7 12 13 Pinnacle Actuarial Resources, Inc. Page 2 Exhibit 24.2 Exhibit 24.2 West Virginia Department of Environmental Protection Office of Special Reclamation Underground Number of Permits June 30, 2017 Issue Year 468 480 492 504 516 528 540 552 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 4 7 12 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 4 7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Months of Maturity 564 576 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 588 600 612 624 636 648 660 672 684 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Pinnacle Actuarial Resources, Inc. Page 3 Exhibit 24.2 West Virginia Department of Environmental Protection Office of Special Reclamation Underground Number of Releases June 30, 2017 Completely Released Issue Year 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 12 24 36 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 3 5 3 0 1 1 0 1 1 2 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3 5 7 1 2 2 4 2 0 0 3 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 2 0 0 0 3 0 1 0 48 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6 16 5 5 3 1 4 7 4 0 2 1 0 0 0 2 0 2 0 0 0 0 0 0 0 0 0 0 0 1 0 1 3 0 60 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 10 2 14 7 10 0 2 5 5 2 2 1 0 0 2 0 0 1 0 0 1 0 0 1 0 0 0 0 1 2 0 0 3 2 72 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 11 6 1 13 20 1 7 0 16 9 7 0 2 2 2 4 1 1 3 1 1 0 1 2 2 0 1 2 1 0 0 1 1 0 84 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 12 3 4 2 13 14 1 1 2 3 6 0 0 0 2 1 2 1 2 0 2 0 2 0 0 0 0 0 0 0 0 0 4 0 96 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8 8 4 1 2 5 4 2 0 0 4 7 2 3 0 1 0 1 1 0 1 0 0 2 0 1 1 1 1 0 1 0 0 0 Months of Maturity 108 120 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 4 1 7 1 1 10 1 1 5 5 9 4 0 1 0 0 2 0 0 1 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 5 2 3 4 3 3 7 1 2 7 5 6 4 2 2 3 1 0 0 0 3 0 0 0 1 1 0 2 0 0 2 1 132 144 156 168 180 192 204 216 228 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5 0 0 0 2 9 9 4 6 4 6 6 6 2 5 1 1 3 3 1 3 0 0 2 1 3 1 0 0 1 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 2 2 0 1 2 6 4 1 5 5 1 5 3 1 1 0 1 3 2 2 1 2 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 0 1 0 1 1 4 8 5 0 9 9 8 1 2 2 3 0 0 2 2 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 14 8 4 5 5 9 3 2 0 1 2 1 2 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 2 7 6 4 3 2 7 4 4 6 3 1 2 4 4 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 7 8 9 13 3 5 3 4 2 1 0 0 1 1 0 2 2 0 1 1 0 4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 2 4 11 6 7 3 3 1 1 1 1 0 0 1 1 3 0 0 1 3 0 4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 2 3 4 5 7 14 1 2 3 2 0 4 0 1 1 1 0 0 0 0 0 3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 9 6 4 4 1 0 1 1 1 0 0 1 1 0 1 1 2 0 3 0 Pinnacle Actuarial Resources, Inc. Page 4 Exhibit 24.2 Exhibit 24.2 West Virginia Department of Environmental Protection Office of Special Reclamation Underground Number of Releases June 30, 2017 Completely Released Issue Year 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 240 252 264 276 288 300 312 324 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4 0 0 1 8 3 2 2 1 2 2 1 2 3 2 0 1 2 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 1 1 7 3 1 5 0 1 2 2 1 0 0 0 2 2 1 0 3 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 5 6 1 3 0 0 3 2 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3 4 1 8 4 3 2 1 0 3 1 1 1 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 0 1 2 3 0 3 3 4 1 0 0 2 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 1 1 6 7 1 0 1 2 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 3 8 2 2 2 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 3 1 0 1 0 1 2 1 0 0 1 Months of Maturity 336 348 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 0 2 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 0 2 0 2 0 0 0 0 0 0 360 372 384 396 408 420 432 444 456 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 1 1 0 1 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 0 2 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 Pinnacle Actuarial Resources, Inc. Page 5 Exhibit 24.2 Exhibit 24.2 West Virginia Department of Environmental Protection Office of Special Reclamation Underground Number of Releases June 30, 2017 Completely Released Issue Year 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 468 480 492 504 516 528 540 552 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Months of Maturity 564 576 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 588 600 612 624 636 648 660 672 684 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Pinnacle Actuarial Resources, Inc. Page 6 Exhibit 24.2 West Virginia Department of Environmental Protection Office of Special Reclamation Underground Number of Forfeitures June 30, 2017 Revoked Issue Year 12 24 36 48 60 72 84 96 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 2 3 0 1 1 0 0 2 0 0 5 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 4 0 2 0 2 1 1 2 0 5 4 2 3 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3 7 0 0 3 2 4 3 2 0 2 2 2 1 3 0 1 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3 2 1 7 4 0 6 5 2 2 1 3 2 0 2 0 0 1 1 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3 1 6 6 0 3 4 5 3 0 4 3 2 0 1 2 0 0 0 0 1 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3 2 3 1 0 0 2 5 1 2 3 9 1 4 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 4 4 1 0 2 3 1 0 3 2 5 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Months of Maturity 108 120 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5 3 0 0 0 0 2 2 2 2 5 1 2 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 1 2 3 2 0 3 3 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 132 144 156 168 180 192 204 216 228 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 2 6 3 2 0 3 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 3 5 1 2 0 5 4 1 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 4 0 2 1 0 2 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 0 1 0 3 8 1 1 0 0 3 2 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 2 2 4 0 0 2 0 3 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 3 0 1 0 2 3 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 2 1 1 2 0 0 0 0 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 2 2 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 1 1 0 1 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 Pinnacle Actuarial Resources, Inc. Page 7 Exhibit 24.2 Exhibit 24.2 West Virginia Department of Environmental Protection Office of Special Reclamation Underground Number of Forfeitures June 30, 2017 Revoked Issue Year 240 252 264 276 288 300 312 324 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 3 2 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 0 0 1 0 0 0 3 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 Months of Maturity 336 348 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 360 372 384 396 408 420 432 444 456 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Pinnacle Actuarial Resources, Inc. Page 8 Exhibit 24.2 Exhibit 24.2 West Virginia Department of Environmental Protection Office of Special Reclamation Underground Number of Forfeitures June 30, 2017 Revoked Issue Year 468 480 492 504 516 528 540 552 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Months of Maturity 564 576 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 588 600 612 624 636 648 660 672 684 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Pinnacle Actuarial Resources, Inc. Page 9 Exhibit 24.2 West Virginia Department of Environmental Protection Office of Special Reclamation Underground Number of Misc Terminations June 30, 2017 Terminated Issue Year 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 12 24 36 48 60 72 84 96 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Months of Maturity 108 120 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 132 144 156 168 180 192 204 216 228 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Pinnacle Actuarial Resources, Inc. Page 10 Exhibit 24.2 Exhibit 24.2 West Virginia Department of Environmental Protection Office of Special Reclamation Underground Number of Misc Terminations June 30, 2017 Terminated Issue Year 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 240 252 264 276 288 300 312 324 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Months of Maturity 336 348 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 360 372 384 396 408 420 432 444 456 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Pinnacle Actuarial Resources, Inc. Page 11 Exhibit 24.2 Exhibit 24.2 West Virginia Department of Environmental Protection Office of Special Reclamation Underground Number of Misc Terminations June 30, 2017 Terminated Issue Year 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 468 480 492 504 516 528 540 552 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Months of Maturity 564 576 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 588 600 612 624 636 648 660 672 684 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Pinnacle Actuarial Resources, Inc. Page 12 Exhibit 24.2 West Virginia Department of Environmental Protection Office of Special Reclamation Underground Forfeiture Percentages June 30, 2017 Issue Year 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Weighted Avg 5 Year 10 Year 15 Year All Year Prior Selected Selected Months of Maturity 108 120 12 24 36 48 60 72 84 96 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.85% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.20% 1.25% 1.32% 0.00% 0.00% 0.00% 0.73% 2.59% 0.00% 0.97% 0.63% 0.00% 0.00% 4.65% 0.00% 0.00% 11.11% 1.64% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 2.44% 5.13% 0.00% 1.49% 0.00% 0.94% 0.37% 0.88% 2.30% 0.00% 3.27% 2.65% 2.22% 7.50% 0.00% 2.22% 0.00% 1.69% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 3.75% 9.46% 0.00% 0.00% 2.04% 0.96% 1.52% 2.86% 2.38% 0.00% 1.37% 1.40% 2.33% 2.70% 5.88% 0.00% 2.56% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 3.03% 0.00% 0.00% 4.76% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 3.90% 2.99% 1.33% 5.30% 2.90% 0.00% 2.35% 5.15% 2.53% 2.08% 0.71% 2.24% 2.50% 0.00% 4.35% 0.00% 0.00% 1.72% 2.33% 4.88% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 4.05% 1.54% 8.11% 5.22% 0.00% 1.70% 1.65% 6.10% 3.90% 0.00% 2.99% 2.38% 2.63% 0.00% 2.33% 5.00% 0.00% 0.00% 0.00% 0.00% 2.44% 5.71% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 4.23% 3.13% 5.26% 0.97% 0.00% 0.00% 0.92% 6.58% 1.49% 2.17% 2.63% 7.89% 1.49% 11.76% 2.50% 0.00% 0.00% 0.00% 2.44% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 8.33% 5.97% 8.00% 7.84% 1.02% 0.00% 1.36% 1.49% 1.43% 0.00% 3.41% 1.85% 5.05% 1.52% 3.33% 2.56% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 9.09% 7.89% 0.00% 0.00% 0.00% 0.00% 1.03% 2.99% 3.08% 2.35% 4.90% 1.15% 3.17% 0.00% 0.00% 0.00% 2.94% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.04% 0.00% 0.00% 0.00% 0.00% 0.00% 0.71% 0.00% 0.00% 0.00% 0.00% 0.00% 1.21% 0.00% 0.00% 0.00% 0.51% 0.62% 1.54% 1.25% 1.10% 0.00% 0.00% 0.00% 1.93% 1.25% 1.10% 0.00% 0.00% 0.60% 2.14% 1.25% 1.10% 0.00% 0.00% 0.00% 1.93% 1.25% 1.10% 0.00% 0.00% 0.00% 1.80% 1.25% 1.10% 0.00% 0.00% 0.00% 1.45% 1.25% 1.10% 132 144 156 168 180 192 204 216 228 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 100.00% 0.00% 0.00% 0.00% 10.00% 0.00% 0.00% 2.38% 0.00% 0.79% 1.44% 1.64% 3.13% 0.00% 3.85% 3.26% 2.60% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.49% 1.16% 9.84% 5.00% 2.94% 0.00% 4.35% 0.00% 0.00% 2.86% 3.33% 0.00% 0.00% 0.00% 0.00% 0.00% 3.33% 0.00% 3.45% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.67% 2.44% 3.09% 1.96% 3.92% 0.00% 6.41% 6.67% 2.13% 0.00% 0.00% 3.57% 0.00% 0.00% 0.00% 2.86% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.86% 2.63% 2.61% 0.00% 4.55% 1.75% 0.00% 3.92% 2.33% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 6.45% 0.00% 2.63% 0.00% 2.63% 7.48% 0.71% 2.27% 0.00% 0.00% 4.76% 4.88% 2.44% 0.00% 0.00% 0.00% 0.00% 0.00% 3.23% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 3.57% 0.00% 0.00% 1.20% 1.82% 2.35% 3.03% 0.00% 0.00% 4.76% 0.00% 8.33% 5.26% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 3.70% 0.00% 0.00% 0.00% 2.97% 0.00% 0.81% 0.00% 5.71% 9.09% 2.13% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 3.85% 4.00% 0.00% 2.74% 1.11% 1.47% 1.82% 0.00% 0.00% 0.00% 0.00% 7.41% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 4.17% 0.00% 2.94% 0.00% 0.00% 0.00% 1.98% 6.67% 4.00% 3.85% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 3.33% 3.17% 1.37% 1.85% 0.00% 3.70% 0.00% 0.00% 0.00% 4.17% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 3.57% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.17% 1.25% 1.10% 0.00% 0.94% 0.51% 1.46% 1.25% 1.10% 0.00% 0.00% 0.52% 1.80% 1.25% 1.10% 0.00% 0.00% 0.00% 1.08% 1.25% 1.10% 0.00% 0.42% 0.27% 1.92% 1.25% 1.10% 0.00% 0.00% 0.52% 1.54% 1.25% 1.10% 0.00% 0.00% 0.00% 1.10% 1.25% 1.10% 0.00% 0.00% 0.53% 1.11% 1.25% 1.10% 0.00% 0.00% 0.27% 0.97% 1.25% 1.10% 0.83% 0.43% 0.55% 1.08% 1.25% 1.10% Pinnacle Actuarial Resources, Inc. Page 13 Exhibit 24.2 Exhibit 24.2 West Virginia Department of Environmental Protection Office of Special Reclamation Underground Forfeiture Percentages June 30, 2017 Issue Year 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Weighted Avg 5 Year 10 Year 15 Year All Year Prior Selected Selected Months of Maturity 336 348 240 252 264 276 288 300 312 324 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 4.55% 0.00% 0.00% 0.00% 1.52% 6.12% 2.47% 0.00% 0.00% 0.00% 2.63% 0.00% 0.00% 0.00% 4.55% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.75% 0.00% 0.00% 0.00% 0.00% 5.26% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 10.53% 0.00% 0.00% 1.89% 0.00% 0.00% 0.00% 15.00% 0.00% 3.03% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 2.50% 1.45% 4.35% 0.00% 0.00% 0.00% 5.26% 0.00% 0.00% 0.00% 0.00% 5.26% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.59% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 12.50% 0.00% 0.00% 0.00% 0.00% 3.57% 0.00% 6.25% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 4.00% 0.00% 0.00% 0.00% 0.00% 0.44% 0.56% 1.33% 1.25% 1.10% 0.00% 0.00% 0.26% 0.33% 1.25% 1.10% 0.00% 0.47% 1.04% 1.27% 1.25% 1.10% 0.98% 1.01% 1.27% 1.01% 1.25% 1.10% 0.00% 0.00% 0.00% 0.00% 1.25% 1.00% 0.00% 0.00% 0.28% 0.26% 1.25% 1.00% 0.00% 0.00% 0.00% 0.00% 1.25% 1.00% 0.00% 0.97% 0.99% 0.98% 1.25% 1.00% 1.33% 0.47% 0.37% 0.37% 1.25% 1.00% 360 372 384 396 408 420 432 444 456 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 8.33% 0.00% 0.00% 0.00% 3.85% 0.00% 0.00% 7.69% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 5.88% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 6.25% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 6.25% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.30% 0.93% 1.17% 1.17% 1.25% 1.00% 0.00% 0.48% 0.43% 0.43% 1.25% 1.00% 2.97% 1.52% 1.46% 1.46% 1.25% 0.01% 0.00% 0.00% 0.00% 0.00% 1.25% 0.01% 0.00% 0.00% 0.00% 0.00% 1.25% 0.01% 0.84% 0.68% 0.68% 0.68% 1.25% 0.01% 0.00% 0.00% 0.00% 0.00% 1.25% 0.01% 0.00% 0.00% 0.00% 0.00% 1.25% 0.01% 0.00% 0.00% 0.00% 0.00% 1.25% 0.01% 0.00% 0.00% 0.00% 0.00% 1.25% 0.01% Pinnacle Actuarial Resources, Inc. Page 14 Exhibit 24.2 Exhibit 24.2 West Virginia Department of Environmental Protection Office of Special Reclamation Underground Forfeiture Percentages June 30, 2017 Issue Year 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Weighted Avg 5 Year 10 Year 15 Year All Year Prior Selected Selected Months of Maturity 564 576 468 480 492 504 516 528 540 552 588 600 612 624 636 648 660 672 684 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.25% 0.01% 0.00% 0.00% 0.00% 0.00% 1.25% 0.01% 0.00% 0.00% 0.00% 0.00% 1.25% 0.01% 0.00% 0.00% 0.00% 0.00% 1.25% 0.01% 0.00% 0.00% 0.00% 0.00% 1.25% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.25% 0.01% 0.00% 1.25% 0.01% 0.00% 1.25% 0.01% 0.00% 1.25% 0.01% 0.00% 1.25% 0.01% 0.00% 1.25% 0.01% 0.00% 1.25% 0.01% 0.00% 1.25% 0.01% 0.00% 1.25% 0.01% 0.00% 1.25% 0.01% 0.00% 1.25% 0.01% 0.00% 1.25% 0.01% 0.00% 1.25% 0.01% 0.00% 1.25% 0.01% Pinnacle Actuarial Resources, Inc. Page 15 Exhibit 24.2 West Virginia Department of Environmental Protection Office of Special Reclamation Underground Release Percentages June 30, 2017 Issue Year 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Weighted Avg 5 Year 10 Year 15 Year All Year Prior Selected Selected Months of Maturity 108 120 12 24 36 48 60 72 84 96 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.65% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.25% 0.00% 0.00% 0.00% 0.00% 0.37% 0.00% 0.00% 2.91% 3.14% 1.95% 0.00% 2.33% 1.92% 0.00% 2.22% 1.64% 4.35% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 4.76% 0.00% 0.00% 0.00% 3.85% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 7.69% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.41% 1.85% 6.19% 1.15% 2.02% 1.31% 2.65% 2.22% 0.00% 0.00% 6.67% 0.00% 0.00% 2.27% 2.27% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 4.55% 0.00% 0.00% 0.00% 0.00% 8.00% 0.00% 0.00% 0.00% 15.79% 0.00% 6.67% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 4.08% 7.69% 1.89% 4.76% 3.57% 1.03% 2.74% 4.90% 4.65% 0.00% 3.92% 2.44% 0.00% 0.00% 0.00% 4.65% 0.00% 5.41% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 4.17% 0.00% 6.25% 12.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 7.58% 1.45% 7.37% 2.75% 10.31% 0.00% 2.08% 3.57% 3.73% 2.50% 5.56% 2.17% 0.00% 0.00% 3.45% 0.00% 0.00% 2.38% 0.00% 0.00% 2.94% 0.00% 0.00% 4.76% 0.00% 0.00% 0.00% 0.00% 4.35% 12.50% 0.00% 0.00% 20.00% 9.09% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 7.69% 0.00% 0.00% 14.86% 5.22% 0.76% 7.39% 8.26% 1.22% 9.09% 0.00% 11.94% 7.14% 9.21% 0.00% 4.65% 5.00% 5.41% 7.27% 2.38% 2.56% 7.32% 2.86% 4.17% 0.00% 5.00% 6.25% 10.00% 0.00% 5.00% 10.53% 4.76% 0.00% 0.00% 4.35% 5.88% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.41% 18.75% 5.26% 3.88% 1.53% 8.13% 6.42% 1.32% 1.49% 2.17% 2.63% 5.26% 0.00% 0.00% 0.00% 5.56% 2.86% 3.92% 2.44% 5.26% 0.00% 6.25% 0.00% 6.06% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 18.18% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 11.94% 16.00% 7.84% 1.02% 1.55% 3.40% 1.98% 2.86% 0.00% 0.00% 3.70% 7.07% 3.03% 10.00% 0.00% 2.94% 0.00% 2.04% 2.56% 0.00% 2.70% 0.00% 0.00% 6.45% 0.00% 3.33% 5.56% 5.00% 5.26% 0.00% 5.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 9.09% 12.73% 10.53% 2.33% 7.29% 0.79% 0.71% 5.13% 1.49% 1.54% 5.88% 4.90% 10.34% 6.35% 0.00% 2.63% 0.00% 0.00% 4.17% 0.00% 0.00% 2.78% 0.00% 4.35% 0.00% 0.00% 0.00% 0.00% 5.26% 0.00% 0.00% 0.00% 4.55% 0.00% 0.00% 0.00% 0.00% 0.04% 0.00% 0.00% 1.28% 1.10% 1.01% 0.87% 0.00% 0.00% 4.55% 3.11% 2.27% 1.53% 0.00% 0.00% 5.21% 2.55% 1.54% 2.63% 0.50% 5.00% 7.53% 4.08% 3.06% 3.20% 0.50% 5.00% 2.27% 4.26% 3.92% 5.59% 1.00% 5.00% 4.26% 2.02% 2.34% 3.96% 1.00% 5.00% 1.10% 2.54% 2.26% 3.32% 2.00% 5.00% 1.11% 0.99% 1.09% 3.71% 3.00% 5.00% 132 144 156 168 180 192 204 216 228 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 20.00% 11.63% 6.45% 7.14% 4.49% 2.38% 2.16% 3.83% 1.56% 3.23% 8.97% 5.43% 7.79% 7.02% 7.69% 5.41% 9.09% 3.03% 0.00% 0.00% 0.00% 8.57% 0.00% 0.00% 0.00% 5.26% 3.45% 0.00% 11.11% 0.00% 0.00% 10.53% 4.76% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 13.16% 0.00% 0.00% 0.00% 1.64% 6.72% 5.20% 6.56% 10.00% 5.88% 7.14% 8.70% 11.32% 8.33% 14.29% 3.33% 3.13% 6.52% 7.89% 2.78% 9.38% 0.00% 0.00% 6.90% 5.56% 10.71% 5.88% 0.00% 0.00% 5.88% 11.76% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 50.00% 0.00% 6.06% 6.90% 0.00% 1.18% 1.67% 4.88% 2.47% 1.96% 9.80% 8.06% 1.28% 8.33% 6.38% 4.55% 3.45% 0.00% 3.23% 6.98% 5.71% 5.71% 3.45% 6.90% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 5.56% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 28.57% 0.00% 3.70% 0.00% 1.19% 0.86% 3.51% 5.23% 10.20% 0.00% 15.79% 12.50% 15.69% 2.33% 9.52% 7.14% 11.11% 0.00% 0.00% 6.06% 6.25% 0.00% 3.70% 0.00% 0.00% 0.00% 4.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 3.23% 0.00% 0.00% 0.00% 0.88% 13.08% 5.67% 9.09% 11.90% 10.64% 14.29% 7.32% 4.88% 0.00% 3.85% 8.33% 3.33% 5.00% 0.00% 0.00% 0.00% 0.00% 4.55% 0.00% 5.88% 4.17% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 20.00% 0.00% 0.00% 2.70% 2.41% 6.36% 7.06% 3.03% 7.69% 5.41% 16.67% 7.84% 11.11% 15.79% 15.79% 4.00% 9.09% 13.79% 10.53% 0.00% 3.33% 0.00% 0.00% 0.00% 0.00% 6.25% 4.35% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 50.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 3.85% 0.00% 8.75% 7.92% 11.69% 10.48% 8.33% 14.29% 9.09% 8.51% 6.90% 3.33% 0.00% 0.00% 5.00% 4.00% 0.00% 6.67% 6.90% 0.00% 3.85% 4.76% 0.00% 26.67% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 3.85% 0.00% 5.56% 5.48% 12.22% 8.82% 6.36% 9.09% 10.71% 3.70% 2.38% 3.70% 3.45% 0.00% 0.00% 5.26% 4.17% 8.82% 0.00% 0.00% 3.57% 12.00% 0.00% 15.38% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 25.00% 0.00% 8.33% 8.82% 5.97% 6.41% 11.48% 13.86% 3.33% 8.00% 11.54% 4.88% 0.00% 14.29% 0.00% 4.17% 5.56% 4.35% 0.00% 0.00% 0.00% 0.00% 0.00% 15.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 4.35% 9.09% 0.00% 14.29% 8.22% 7.41% 4.71% 3.70% 0.00% 4.55% 2.56% 4.17% 0.00% 0.00% 4.35% 5.88% 0.00% 3.23% 3.57% 7.41% 0.00% 13.64% 0.00% 5.38% 3.35% 2.54% 4.44% 5.00% 5.00% 4.71% 4.72% 5.30% 5.70% 5.00% 5.00% 1.10% 1.87% 3.11% 3.75% 5.00% 4.00% 1.10% 1.77% 2.86% 4.79% 5.00% 4.00% 2.02% 1.27% 2.40% 5.08% 5.00% 4.00% 1.96% 2.76% 5.94% 5.81% 5.00% 4.00% 5.45% 4.30% 4.00% 6.87% 5.00% 4.00% 7.27% 5.37% 4.21% 5.99% 5.00% 4.00% 2.54% 2.48% 3.98% 6.53% 5.00% 4.00% 4.96% 3.91% 3.32% 5.25% 5.00% 4.00% Pinnacle Actuarial Resources, Inc. Page 16 Exhibit 24.2 Exhibit 24.2 West Virginia Department of Environmental Protection Office of Special Reclamation Underground Release Percentages June 30, 2017 Issue Year 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Weighted Avg 5 Year 10 Year 15 Year All Year Prior Selected Selected Months of Maturity 336 348 240 252 264 276 288 300 312 324 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 18.18% 0.00% 0.00% 1.92% 12.12% 6.12% 2.47% 8.00% 4.55% 9.52% 5.26% 4.55% 8.33% 18.75% 9.09% 0.00% 4.55% 6.67% 3.85% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 11.76% 5.00% 3.45% 13.73% 5.26% 2.38% 6.49% 0.00% 4.76% 10.53% 5.71% 4.76% 0.00% 0.00% 0.00% 12.50% 9.52% 3.57% 0.00% 12.00% 3.70% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 33.33% 6.67% 0.00% 3.57% 11.36% 11.32% 2.44% 4.17% 0.00% 0.00% 18.75% 6.06% 5.00% 4.55% 0.00% 0.00% 7.14% 0.00% 3.70% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 21.43% 23.53% 3.70% 20.51% 8.70% 7.50% 2.90% 4.35% 0.00% 23.08% 3.33% 5.26% 4.76% 15.38% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 18.18% 0.00% 3.85% 6.45% 7.14% 0.00% 4.55% 14.29% 23.53% 10.00% 0.00% 0.00% 10.00% 0.00% 5.26% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 7.69% 8.00% 3.45% 2.56% 16.67% 11.11% 5.56% 0.00% 11.11% 6.90% 0.00% 5.56% 9.09% 5.56% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 100.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 11.11% 0.00% 13.04% 28.57% 5.26% 6.67% 3.64% 5.88% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 5.00% 15.00% 8.33% 3.57% 0.00% 6.25% 0.00% 12.50% 7.41% 5.88% 0.00% 0.00% 5.88% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 6.06% 0.00% 3.77% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 10.00% 2.36% 4.85% 5.35% 5.45% 7.00% 4.00% 5.56% 4.61% 5.10% 5.71% 7.00% 4.00% 1.87% 2.80% 3.37% 4.91% 7.00% 4.00% 0.00% 4.04% 4.58% 6.88% 7.00% 4.00% 1.15% 4.44% 5.05% 5.12% 7.00% 4.00% 3.90% 4.29% 6.76% 6.56% 7.00% 5.00% 0.00% 1.55% 5.56% 5.93% 7.00% 5.00% 4.55% 3.40% 4.64% 4.59% 7.00% 5.00% 1.33% 2.34% 1.85% 1.84% 7.00% 5.00% 360 372 384 396 408 420 432 444 456 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 10.53% 0.00% 6.45% 0.00% 3.92% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 14.29% 0.00% 5.88% 0.00% 3.45% 0.00% 2.04% 7.14% 0.00% 14.29% 8.33% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 50.00% 16.67% 9.09% 6.67% 5.88% 0.00% 8.00% 4.17% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 3.57% 0.00% 0.00% 0.00% 8.33% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 10.00% 7.14% 0.00% 0.00% 4.35% 2.33% 7.69% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 20.00% 11.11% 0.00% 0.00% 14.81% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 12.50% 0.00% 6.67% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 7.14% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 7.69% 0.00% 0.00% 1.85% 2.33% 2.33% 7.00% 5.00% 5.48% 3.33% 3.46% 3.46% 7.00% 5.00% 1.98% 3.55% 4.37% 4.37% 7.00% 5.00% 1.03% 1.18% 1.16% 1.16% 7.00% 5.00% 2.56% 3.07% 3.05% 3.05% 7.00% 5.00% 3.36% 4.05% 4.05% 4.05% 7.00% 5.00% 0.87% 1.55% 1.55% 1.55% 7.00% 5.00% 1.27% 1.18% 1.18% 1.18% 7.00% 5.00% 0.00% 0.00% 0.00% 0.00% 7.00% 5.00% 2.63% 2.56% 2.56% 2.56% 7.00% 5.00% Pinnacle Actuarial Resources, Inc. Page 17 Exhibit 24.2 Exhibit 24.2 West Virginia Department of Environmental Protection Office of Special Reclamation Underground Release Percentages June 30, 2017 Issue Year 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Weighted Avg 5 Year 10 Year 15 Year All Year Prior Selected Selected Months of Maturity 564 576 468 480 492 504 516 528 540 552 588 600 612 624 636 648 660 672 684 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 25.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 7.00% 5.00% 0.00% 0.00% 0.00% 0.00% 7.00% 5.00% 16.67% 16.67% 16.67% 16.67% 7.00% 5.00% 0.00% 0.00% 0.00% 0.00% 7.00% 4.00% 0.00% 0.00% 0.00% 0.00% 7.00% 4.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 7.00% 4.00% 0.00% 7.00% 4.00% 0.00% 7.00% 4.00% 0.00% 7.00% 4.00% 0.00% 7.00% 4.00% 0.00% 7.00% 4.00% 0.00% 7.00% 4.00% 0.00% 7.00% 4.00% 0.00% 7.00% 4.00% 0.00% 7.00% 4.00% 0.00% 7.00% 4.00% 0.00% 7.00% 4.00% 0.00% 7.00% 4.00% 0.00% 7.00% 4.00% Pinnacle Actuarial Resources, Inc. Page 18 Exhibit 24.3 West Virginia Department of Environmental Protection Office of Special Reclamation Other Number of Permits June 30, 2017 Issue Year 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 12 0 0 0 0 0 0 1 1 0 0 3 6 10 15 25 22 19 18 20 44 117 101 216 57 59 47 60 56 29 16 17 31 44 18 13 12 17 9 7 8 7 7 13 5 4 13 8 13 6 10 7 16 15 7 5 7 2 24 0 0 0 0 0 0 1 1 0 0 3 6 10 15 25 22 19 18 20 44 117 101 210 57 58 45 59 53 29 16 17 30 40 18 12 12 17 9 7 8 7 7 13 5 4 13 8 13 6 10 7 15 15 6 5 7 36 0 0 0 0 0 0 1 1 0 0 3 6 10 15 25 22 19 18 20 44 117 98 205 56 55 44 50 51 28 16 17 28 33 18 12 12 17 9 7 8 7 7 13 5 4 12 7 12 6 10 7 14 14 4 5 48 0 0 0 0 0 0 1 1 0 0 3 6 10 15 25 22 18 17 20 44 116 97 191 51 52 43 48 46 28 16 17 24 31 18 12 12 16 9 7 8 7 7 12 5 4 12 7 11 6 10 5 14 13 3 60 0 0 0 0 0 0 1 1 0 0 3 6 10 15 25 22 17 17 20 41 114 94 178 47 49 42 42 45 26 16 16 21 30 18 12 10 15 9 6 8 7 7 12 5 4 12 7 10 5 10 5 14 13 72 0 0 0 0 0 0 1 1 0 0 3 6 10 14 24 22 17 17 19 37 114 89 171 43 48 40 38 43 23 15 16 20 25 18 11 10 15 9 5 8 7 7 12 5 4 11 7 10 5 9 4 14 84 0 0 0 0 0 0 1 1 0 0 3 6 10 14 24 22 17 15 15 36 113 84 164 40 48 36 36 39 23 15 15 19 25 17 10 10 14 9 5 8 7 7 12 5 4 11 7 10 5 9 4 96 0 0 0 0 0 0 1 1 0 0 3 6 10 14 23 22 13 14 14 33 112 80 162 38 44 31 33 34 22 14 14 18 25 17 10 10 13 8 5 8 7 7 12 5 4 11 6 10 5 9 Months of Maturity 108 120 0 0 0 0 0 0 1 1 0 0 3 6 10 14 23 18 9 13 12 33 111 79 156 35 43 30 28 34 21 14 14 17 25 17 10 10 13 8 5 7 7 7 12 5 4 10 6 10 4 0 0 0 0 0 0 1 1 0 0 3 6 10 14 19 15 8 13 12 33 108 75 146 35 38 29 23 29 21 13 14 16 23 17 10 10 13 7 4 7 7 7 12 5 4 10 6 10 132 0 0 0 0 0 0 1 1 0 0 3 6 10 8 13 10 8 13 12 32 108 73 133 32 36 25 23 26 20 12 14 16 22 17 10 10 13 7 4 7 7 7 11 5 4 10 6 144 0 0 0 0 0 0 1 1 0 0 3 6 8 7 8 10 8 12 12 32 104 67 127 32 33 23 21 25 19 12 14 15 22 17 10 10 13 7 4 7 7 7 11 5 4 9 156 0 0 0 0 0 0 1 1 0 0 3 3 7 5 7 10 8 12 12 31 102 63 123 32 31 21 18 19 19 12 14 15 20 17 10 9 13 7 4 7 7 7 11 4 4 168 0 0 0 0 0 0 1 1 0 0 3 3 7 3 5 10 8 12 12 31 99 60 118 29 27 21 17 17 19 12 14 15 20 15 10 9 13 7 4 7 7 7 11 4 180 0 0 0 0 0 0 1 1 0 0 3 3 7 3 4 10 8 12 12 31 97 58 109 29 26 19 15 15 17 11 13 15 19 15 10 9 13 7 4 7 7 7 11 192 0 0 0 0 0 0 1 1 0 0 3 3 7 3 4 10 8 12 12 30 89 55 106 26 25 19 13 15 17 10 12 14 19 14 9 9 12 7 4 7 7 7 204 0 0 0 0 0 0 1 1 0 0 3 3 6 3 4 10 8 11 12 30 86 54 102 24 24 19 13 15 17 10 12 14 18 14 9 9 12 7 4 7 7 216 228 0 0 0 0 0 0 1 1 0 0 3 2 6 3 4 10 7 10 11 29 86 54 95 22 23 19 13 14 17 9 11 12 18 14 8 8 12 7 4 7 0 0 0 0 0 0 1 1 0 0 3 2 6 3 4 10 7 7 11 29 84 49 89 22 23 18 13 14 17 9 11 11 18 14 8 8 12 6 4 Pinnacle Actuarial Resources, Inc. Page 1 Exhibit 24.3 Exhibit 24.3 West Virginia Department of Environmental Protection Office of Special Reclamation Other Number of Permits June 30, 2017 Issue Year 240 252 264 276 288 300 312 324 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 0 0 0 0 0 0 1 1 0 0 3 2 5 3 4 10 7 7 10 28 76 46 86 21 23 18 13 14 17 8 10 11 17 14 8 8 12 5 0 0 0 0 0 0 1 1 0 0 3 2 5 3 4 9 7 6 10 28 72 44 84 20 23 18 12 13 17 8 10 11 17 14 8 8 11 0 0 0 0 0 0 1 1 0 0 3 2 5 3 4 8 5 6 9 28 72 41 81 20 20 18 12 13 17 8 10 11 17 14 8 8 0 0 0 0 0 0 1 0 0 0 3 2 5 3 4 7 5 5 9 25 70 40 79 20 20 18 10 13 17 8 10 11 17 14 8 0 0 0 0 0 0 1 0 0 0 3 2 4 3 4 6 5 4 8 25 69 39 77 20 20 18 10 13 17 8 10 11 16 14 0 0 0 0 0 0 1 0 0 0 3 2 3 2 4 6 5 4 8 23 65 38 75 20 20 18 9 12 17 7 10 11 16 0 0 0 0 0 0 1 0 0 0 3 2 3 2 4 6 2 4 8 22 64 35 75 20 20 18 9 12 17 7 10 11 0 0 0 0 0 0 1 0 0 0 2 2 3 2 4 6 2 4 8 22 63 33 73 19 19 18 8 12 17 7 10 Months of Maturity 336 348 0 0 0 0 0 0 1 0 0 0 1 2 3 2 4 6 2 4 8 22 63 32 72 19 19 18 7 12 17 7 0 0 0 0 0 0 1 0 0 0 1 2 3 2 4 6 2 4 8 22 62 31 72 19 19 17 7 12 17 360 372 384 396 408 420 432 444 456 0 0 0 0 0 0 1 0 0 0 0 2 3 2 3 6 2 4 8 21 61 30 71 17 19 17 7 12 0 0 0 0 0 0 1 0 0 0 0 2 3 1 3 6 2 4 8 20 61 29 71 17 19 16 7 0 0 0 0 0 0 1 0 0 0 0 2 3 1 3 6 2 4 8 20 60 29 69 16 19 16 0 0 0 0 0 0 1 0 0 0 0 2 3 1 3 5 2 4 8 20 57 28 68 16 19 0 0 0 0 0 0 1 0 0 0 0 2 3 1 3 5 2 4 7 18 57 28 67 16 0 0 0 0 0 0 0 0 0 0 0 2 3 1 3 5 2 4 7 17 54 27 66 0 0 0 0 0 0 0 0 0 0 0 2 3 1 3 5 2 4 7 16 53 27 0 0 0 0 0 0 0 0 0 0 0 2 3 1 3 5 2 3 7 16 53 0 0 0 0 0 0 0 0 0 0 0 2 3 0 3 5 2 3 7 16 Pinnacle Actuarial Resources, Inc. Page 2 Exhibit 24.3 Exhibit 24.3 West Virginia Department of Environmental Protection Office of Special Reclamation Other Number of Permits June 30, 2017 Issue Year 468 480 492 504 516 528 540 552 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 0 0 0 0 0 0 0 0 0 0 0 2 3 0 3 5 2 3 7 0 0 0 0 0 0 0 0 0 0 0 2 3 0 3 5 2 3 0 0 0 0 0 0 0 0 0 0 0 2 3 0 3 5 2 0 0 0 0 0 0 0 0 0 0 0 2 2 0 3 5 0 0 0 0 0 0 0 0 0 0 0 2 2 0 3 0 0 0 0 0 0 0 0 0 0 0 2 2 0 0 0 0 0 0 0 0 0 0 0 0 2 2 0 0 0 0 0 0 0 0 0 0 0 2 Months of Maturity 564 576 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 588 600 612 624 636 648 660 672 684 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Pinnacle Actuarial Resources, Inc. Page 3 Exhibit 24.3 West Virginia Department of Environmental Protection Office of Special Reclamation Other Number of Releases June 30, 2017 Completely Released Issue Year 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 12 24 36 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 3 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5 0 0 2 1 3 0 0 0 1 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3 4 1 3 1 7 2 1 0 0 0 3 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 1 2 0 48 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 11 4 3 1 1 4 0 0 0 3 2 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 2 0 1 1 60 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3 2 2 10 4 2 1 6 1 2 0 1 1 1 0 0 2 1 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 72 84 96 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 5 7 3 1 2 3 2 3 1 0 1 5 0 1 0 0 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 1 0 5 6 2 0 4 2 3 0 0 1 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4 1 1 3 1 3 2 1 3 4 1 4 0 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 Months of Maturity 108 120 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 4 1 2 0 1 0 6 1 1 1 5 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4 2 1 0 0 0 2 2 9 0 4 0 4 4 0 0 0 1 2 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 132 144 156 168 180 192 204 216 228 0 0 0 0 0 0 0 0 0 0 0 0 0 6 6 5 0 0 0 1 0 1 9 2 2 2 0 3 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 1 4 0 0 0 0 0 4 4 4 0 3 2 2 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 3 1 2 1 0 0 0 0 1 0 2 2 0 2 2 3 3 0 0 0 0 2 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 2 0 0 0 0 0 1 1 3 3 1 0 1 2 0 0 0 0 0 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 2 7 0 1 1 1 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6 2 3 2 1 0 2 0 0 1 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 3 0 4 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 0 0 4 2 1 0 0 1 0 1 1 2 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3 0 0 2 3 4 0 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 Pinnacle Actuarial Resources, Inc. Page 4 Exhibit 24.3 Exhibit 24.3 West Virginia Department of Environmental Protection Office of Special Reclamation Other Number of Releases June 30, 2017 Completely Released Issue Year 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 240 252 264 276 288 300 312 324 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 6 3 3 1 0 0 0 0 0 1 1 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 3 2 2 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 0 0 0 3 2 0 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 1 0 3 2 1 2 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 1 2 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 2 2 1 2 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 0 0 1 1 3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 2 1 0 1 0 1 0 0 0 0 Months of Maturity 336 348 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 360 372 384 396 408 420 432 444 456 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 2 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 3 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 Pinnacle Actuarial Resources, Inc. Page 5 Exhibit 24.3 Exhibit 24.3 West Virginia Department of Environmental Protection Office of Special Reclamation Other Number of Releases June 30, 2017 Completely Released Issue Year 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 468 480 492 504 516 528 540 552 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Months of Maturity 564 576 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 588 600 612 624 636 648 660 672 684 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Pinnacle Actuarial Resources, Inc. Page 6 Exhibit 24.3 West Virginia Department of Environmental Protection Office of Special Reclamation Other Number of Forfeitures June 30, 2017 Revoked Issue Year 12 24 36 48 60 72 84 96 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 2 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 2 0 0 0 0 2 4 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 3 1 0 0 1 1 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 3 0 1 0 0 0 0 0 0 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 2 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 1 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 1 1 1 2 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Months of Maturity 108 120 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 0 0 0 0 0 1 0 2 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 2 1 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 132 144 156 168 180 192 204 216 228 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 1 0 2 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 2 2 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 2 2 0 0 0 0 3 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 2 2 0 3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 2 0 0 1 1 2 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Pinnacle Actuarial Resources, Inc. Page 7 Exhibit 24.3 Exhibit 24.3 West Virginia Department of Environmental Protection Office of Special Reclamation Other Number of Forfeitures June 30, 2017 Revoked Issue Year 240 252 264 276 288 300 312 324 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 Months of Maturity 336 348 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 360 372 384 396 408 420 432 444 456 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Pinnacle Actuarial Resources, Inc. Page 8 Exhibit 24.3 Exhibit 24.3 West Virginia Department of Environmental Protection Office of Special Reclamation Other Number of Forfeitures June 30, 2017 Revoked Issue Year 468 480 492 504 516 528 540 552 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Months of Maturity 564 576 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 588 600 612 624 636 648 660 672 684 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Pinnacle Actuarial Resources, Inc. Page 9 Exhibit 24.3 West Virginia Department of Environmental Protection Office of Special Reclamation Other Number of Misc Terminations June 30, 2017 Terminated Issue Year 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 12 24 36 48 60 72 84 96 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Months of Maturity 108 120 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 132 144 156 168 180 192 204 216 228 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Pinnacle Actuarial Resources, Inc. Page 10 Exhibit 24.3 Exhibit 24.3 West Virginia Department of Environmental Protection Office of Special Reclamation Other Number of Misc Terminations June 30, 2017 Terminated Issue Year 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 240 252 264 276 288 300 312 324 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Months of Maturity 336 348 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 360 372 384 396 408 420 432 444 456 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Pinnacle Actuarial Resources, Inc. Page 11 Exhibit 24.3 Exhibit 24.3 West Virginia Department of Environmental Protection Office of Special Reclamation Other Number of Misc Terminations June 30, 2017 Terminated Issue Year 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 468 480 492 504 516 528 540 552 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Months of Maturity 564 576 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 588 600 612 624 636 648 660 672 684 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Pinnacle Actuarial Resources, Inc. Page 12 Exhibit 24.3 West Virginia Department of Environmental Protection Office of Special Reclamation Other Forfeiture Percentages June 30, 2017 Issue Year 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Weighted Avg 5 Year 10 Year 15 Year All Year Prior Selected Selected Months of Maturity 108 120 12 24 36 48 60 72 84 96 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.46% 0.00% 1.69% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 4.55% 0.00% 7.69% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.48% 0.00% 0.00% 0.00% 3.39% 0.00% 0.00% 0.00% 0.00% 6.67% 10.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 12.50% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 5.26% 5.56% 0.00% 0.00% 0.85% 0.00% 1.46% 1.79% 0.00% 0.00% 2.00% 1.96% 0.00% 0.00% 0.00% 3.57% 0.00% 0.00% 0.00% 0.00% 5.88% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 8.33% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 5.56% 0.00% 0.00% 0.00% 0.00% 1.03% 1.57% 0.00% 1.92% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 8.33% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 6.67% 4.00% 0.00% 0.00% 0.00% 0.00% 4.88% 0.00% 0.00% 0.00% 2.13% 0.00% 0.00% 2.38% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 5.88% 10.53% 0.00% 0.88% 0.00% 0.58% 2.33% 0.00% 0.00% 0.00% 2.33% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 4.17% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.19% 0.00% 2.50% 2.08% 2.78% 5.56% 2.56% 4.35% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 9.09% 0.00% 0.00% 0.00% 0.00% 0.00% 1.25% 0.00% 5.26% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 5.56% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.40% 0.00% 0.00% 0.00% 1.02% 0.75% 0.81% 0.00% 0.00% 0.00% 1.11% 0.77% 1.01% 1.25% 0.50% 0.00% 0.00% 0.00% 0.70% 1.25% 0.50% 0.00% 0.00% 0.00% 0.56% 1.25% 0.50% 0.00% 0.00% 0.00% 0.69% 1.25% 0.50% 0.00% 0.00% 0.00% 0.93% 1.25% 0.50% 0.00% 0.00% 0.00% 0.65% 1.25% 0.50% 132 144 156 168 180 192 204 216 228 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 5.56% 0.00% 0.00% 0.00% 0.00% 0.90% 2.53% 0.64% 0.00% 2.33% 3.33% 3.57% 2.94% 0.00% 7.14% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.33% 2.74% 2.86% 0.00% 6.90% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 4.35% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 7.69% 0.00% 0.00% 7.69% 0.00% 0.00% 0.00% 2.74% 1.50% 0.00% 0.00% 0.00% 0.00% 0.00% 5.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.92% 2.99% 1.57% 0.00% 0.00% 0.00% 0.00% 12.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 10.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.96% 3.17% 1.63% 0.00% 9.68% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.01% 0.00% 1.69% 0.00% 0.00% 4.76% 5.88% 11.76% 5.26% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 2.06% 1.72% 0.00% 3.45% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 6.67% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.82% 0.00% 3.85% 4.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 2.94% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 3.70% 2.11% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.14% 1.25% 0.50% 0.00% 0.00% 0.70% 1.09% 1.25% 0.50% 0.00% 0.00% 0.00% 0.91% 1.25% 0.50% 0.00% 1.33% 0.65% 1.38% 1.25% 0.50% 0.00% 0.00% 0.00% 1.31% 1.25% 0.50% 0.00% 0.00% 0.59% 1.22% 1.25% 0.50% 0.00% 1.02% 0.59% 0.81% 1.25% 0.50% 0.00% 0.00% 0.00% 0.51% 1.25% 0.50% 0.00% 0.00% 0.00% 0.53% 1.25% 0.50% 0.00% 0.00% 0.00% 0.75% 1.25% 0.50% Pinnacle Actuarial Resources, Inc. Page 13 Exhibit 24.3 Exhibit 24.3 West Virginia Department of Environmental Protection Office of Special Reclamation Other Forfeiture Percentages June 30, 2017 Issue Year 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Weighted Avg 5 Year 10 Year 15 Year All Year Prior Selected Selected Months of Maturity 336 348 240 252 264 276 288 300 312 324 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 2.38% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.32% 0.00% 0.00% 4.76% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 10.00% 0.00% 0.00% 0.00% 1.19% 0.00% 4.35% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 8.33% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.43% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 2.90% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 20.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.33% 5.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.37% 0.00% 0.00% 0.00% 12.50% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.39% 1.25% 0.50% 0.00% 0.00% 0.36% 0.41% 1.25% 0.50% 0.00% 0.00% 0.65% 0.66% 1.25% 0.50% 0.00% 0.78% 0.28% 0.23% 1.25% 0.50% 0.00% 0.00% 0.27% 0.24% 1.25% 0.50% 0.00% 0.00% 0.55% 0.51% 1.25% 0.50% 0.00% 0.00% 0.00% 0.28% 1.25% 0.50% 0.00% 0.90% 0.62% 0.58% 1.25% 0.50% 1.61% 0.74% 0.64% 0.62% 1.25% 0.50% 360 372 384 396 408 420 432 444 456 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 10.53% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.64% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.67% 0.00% 1.45% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.25% 0.50% 2.70% 0.74% 0.70% 0.68% 1.25% 0.50% 0.00% 0.00% 0.00% 0.00% 1.25% 0.50% 0.00% 0.40% 0.38% 0.38% 1.25% 0.50% 1.04% 0.86% 0.83% 0.82% 1.25% 0.50% 0.00% 0.00% 0.00% 0.00% 1.25% 0.01% 0.00% 0.00% 0.00% 0.00% 1.25% 0.01% 0.00% 0.00% 0.00% 0.00% 1.25% 0.01% 0.00% 0.00% 0.00% 0.00% 1.25% 0.01% 0.00% 0.00% 0.00% 0.00% 1.25% 0.01% Pinnacle Actuarial Resources, Inc. Page 14 Exhibit 24.3 Exhibit 24.3 West Virginia Department of Environmental Protection Office of Special Reclamation Other Forfeiture Percentages June 30, 2017 Issue Year 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Weighted Avg 5 Year 10 Year 15 Year All Year Prior Selected Selected Months of Maturity 564 576 468 480 492 504 516 528 540 552 588 600 612 624 636 648 660 672 684 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.25% 0.01% 0.00% 0.00% 0.00% 0.00% 1.25% 0.01% 0.00% 0.00% 0.00% 0.00% 1.25% 0.01% 0.00% 0.00% 0.00% 0.00% 1.25% 0.01% 0.00% 0.00% 0.00% 0.00% 1.25% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.25% 0.01% 0.00% 1.25% 0.01% 0.00% 1.25% 0.01% 0.00% 1.25% 0.01% 0.00% 1.25% 0.01% 0.00% 1.25% 0.01% 0.00% 1.25% 0.01% 0.00% 1.25% 0.01% 0.00% 1.25% 0.01% 0.00% 1.25% 0.01% 0.00% 1.25% 0.01% 0.00% 1.25% 0.01% 0.00% 1.25% 0.01% 0.00% 1.25% 0.01% Pinnacle Actuarial Resources, Inc. Page 15 Exhibit 24.3 West Virginia Department of Environmental Protection Office of Special Reclamation Other Release Percentages June 30, 2017 Issue Year 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Weighted Avg 5 Year 10 Year 15 Year All Year Prior Selected Selected Months of Maturity 108 120 12 24 36 48 60 72 84 96 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 3.23% 5.08% 0.00% 5.88% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 2.31% 0.00% 0.00% 4.26% 1.67% 5.36% 0.00% 0.00% 0.00% 3.23% 4.55% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 6.25% 0.00% 14.29% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 2.97% 1.90% 1.75% 5.17% 2.22% 11.86% 3.77% 3.45% 0.00% 0.00% 0.00% 7.50% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 7.69% 0.00% 7.69% 0.00% 0.00% 0.00% 6.67% 6.67% 33.33% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.02% 5.37% 7.14% 5.45% 2.27% 2.00% 7.84% 0.00% 0.00% 0.00% 10.71% 6.06% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 7.69% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 28.57% 0.00% 7.14% 25.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 6.82% 1.72% 2.06% 5.24% 7.84% 3.85% 2.33% 12.50% 2.17% 7.14% 0.00% 5.88% 4.17% 3.23% 0.00% 0.00% 16.67% 6.25% 0.00% 14.29% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 9.09% 16.67% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 5.00% 4.88% 0.00% 5.32% 3.93% 6.38% 2.04% 4.76% 7.14% 4.44% 11.54% 6.25% 0.00% 4.76% 16.67% 0.00% 8.33% 0.00% 0.00% 0.00% 16.67% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 8.33% 0.00% 0.00% 0.00% 10.00% 20.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 5.88% 10.53% 2.70% 0.00% 5.62% 3.51% 4.65% 0.00% 10.00% 5.26% 6.98% 0.00% 0.00% 6.25% 5.00% 0.00% 5.56% 9.09% 0.00% 6.67% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 23.53% 6.67% 6.67% 8.33% 0.88% 3.57% 1.22% 2.50% 6.25% 11.11% 2.78% 10.26% 0.00% 6.67% 6.67% 5.26% 0.00% 0.00% 0.00% 0.00% 7.14% 11.11% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 14.29% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 9.09% 30.77% 7.14% 14.29% 0.00% 0.89% 0.00% 3.70% 2.63% 2.27% 3.23% 15.15% 0.00% 4.55% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 12.50% 0.00% 0.00% 0.00% 0.00% 0.00% 9.09% 0.00% 0.00% 20.00% 0.00% 0.00% 0.00% 0.47% 0.00% 0.00% 4.00% 2.13% 1.47% 1.27% 0.00% 0.00% 8.33% 6.12% 4.48% 2.51% 0.00% 0.00% 8.16% 4.44% 3.85% 2.95% 0.50% 0.50% 2.08% 2.30% 2.34% 3.69% 0.50% 0.50% 4.55% 3.57% 3.31% 3.82% 1.00% 1.00% 0.00% 0.00% 0.85% 3.06% 1.00% 1.00% 2.38% 1.30% 2.44% 3.50% 2.00% 2.00% 5.56% 4.00% 2.48% 3.05% 3.00% 3.00% 132 144 156 168 180 192 204 216 228 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 17.39% 11.11% 11.11% 0.00% 0.00% 0.00% 1.80% 2.53% 5.77% 0.00% 9.30% 0.00% 14.29% 11.76% 0.00% 0.00% 0.00% 5.88% 8.00% 0.00% 0.00% 0.00% 0.00% 12.50% 20.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 42.86% 31.58% 33.33% 0.00% 0.00% 0.00% 3.03% 0.00% 1.33% 6.16% 5.71% 5.26% 6.90% 0.00% 10.34% 4.76% 7.69% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 8.33% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 20.00% 12.50% 30.77% 0.00% 0.00% 0.00% 0.00% 0.00% 3.70% 5.48% 3.01% 0.00% 8.33% 8.00% 8.70% 3.85% 0.00% 0.00% 0.00% 6.25% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 10.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 50.00% 12.50% 28.57% 12.50% 0.00% 0.00% 0.00% 0.00% 3.13% 0.00% 2.99% 1.57% 0.00% 6.06% 8.70% 14.29% 12.00% 0.00% 0.00% 0.00% 0.00% 9.09% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 20.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 40.00% 28.57% 0.00% 0.00% 0.00% 0.00% 0.00% 0.98% 1.59% 2.44% 9.38% 3.23% 0.00% 5.56% 10.53% 0.00% 0.00% 0.00% 0.00% 0.00% 11.76% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 20.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.01% 3.33% 5.93% 0.00% 3.70% 4.76% 5.88% 0.00% 5.26% 8.33% 7.14% 0.00% 5.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 3.23% 6.19% 3.45% 2.75% 6.90% 3.85% 0.00% 13.33% 0.00% 0.00% 9.09% 7.69% 6.67% 0.00% 0.00% 10.00% 0.00% 7.69% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 14.29% 0.00% 0.00% 0.00% 0.00% 8.33% 0.00% 0.00% 3.37% 0.00% 3.77% 3.85% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 5.26% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 33.33% 0.00% 0.00% 0.00% 0.00% 12.50% 9.09% 8.33% 3.33% 0.00% 0.00% 3.92% 8.33% 4.17% 0.00% 0.00% 6.67% 0.00% 10.00% 8.33% 14.29% 0.00% 0.00% 11.11% 11.11% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 30.00% 0.00% 0.00% 2.33% 5.56% 4.21% 0.00% 0.00% 5.26% 0.00% 0.00% 0.00% 0.00% 0.00% 8.33% 0.00% 0.00% 0.00% 0.00% 0.00% 14.29% 0.00% 0.00% 1.37% 1.53% 4.20% 5.00% 3.00% 2.70% 1.45% 0.70% 4.85% 5.00% 3.00% 2.70% 1.33% 1.33% 3.77% 5.00% 4.00% 2.94% 1.33% 1.96% 3.45% 5.00% 4.00% 0.00% 0.00% 1.27% 2.63% 5.00% 3.00% 0.00% 0.00% 2.35% 2.75% 5.00% 3.00% 0.00% 2.04% 2.96% 3.57% 5.00% 3.00% 0.00% 0.98% 0.59% 1.89% 5.00% 3.00% 2.56% 4.72% 3.89% 3.38% 5.00% 3.00% 2.56% 1.94% 1.59% 2.81% 5.00% 3.00% Pinnacle Actuarial Resources, Inc. Page 16 Exhibit 24.3 Exhibit 24.3 West Virginia Department of Environmental Protection Office of Special Reclamation Other Release Percentages June 30, 2017 Issue Year 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Weighted Avg 5 Year 10 Year 15 Year All Year Prior Selected Selected Months of Maturity 336 348 240 252 264 276 288 300 312 324 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 16.67% 0.00% 0.00% 0.00% 0.00% 0.00% 9.09% 3.45% 7.14% 6.12% 3.37% 4.55% 0.00% 0.00% 0.00% 0.00% 0.00% 11.11% 9.09% 0.00% 5.56% 0.00% 0.00% 0.00% 0.00% 16.67% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 10.00% 0.00% 14.29% 0.00% 0.00% 3.95% 4.35% 2.33% 0.00% 0.00% 0.00% 7.69% 7.14% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 8.33% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 11.11% 28.57% 0.00% 0.00% 0.00% 0.00% 6.82% 2.38% 0.00% 8.70% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 100.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 12.50% 0.00% 16.67% 0.00% 10.71% 2.78% 2.44% 2.47% 0.00% 0.00% 0.00% 8.33% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 20.00% 0.00% 0.00% 14.29% 0.00% 20.00% 11.11% 0.00% 0.00% 2.50% 2.53% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 5.88% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 25.00% 33.33% 0.00% 0.00% 0.00% 0.00% 0.00% 8.00% 2.90% 2.56% 2.60% 0.00% 0.00% 0.00% 10.00% 7.69% 0.00% 12.50% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 40.00% 0.00% 0.00% 4.35% 1.54% 7.89% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 33.33% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.56% 5.71% 1.33% 0.00% 5.00% 0.00% 11.11% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 50.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 3.03% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 2.08% 3.51% 2.45% 3.92% 7.00% 5.00% 1.69% 1.68% 1.79% 2.48% 7.00% 5.00% 0.00% 0.00% 2.28% 2.18% 7.00% 3.00% 0.00% 0.78% 1.66% 2.75% 7.00% 3.00% 1.67% 0.72% 1.08% 1.92% 7.00% 3.00% 1.61% 2.10% 2.77% 3.05% 7.00% 3.00% 0.00% 0.00% 1.48% 1.93% 7.00% 3.00% 1.82% 2.24% 1.86% 2.03% 7.00% 3.00% 0.00% 0.37% 0.32% 0.62% 7.00% 3.00% 360 372 384 396 408 420 432 444 456 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.59% 3.13% 0.00% 0.00% 0.00% 5.56% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 100.00% 0.00% 0.00% 0.00% 25.00% 0.00% 0.00% 0.00% 0.00% 4.55% 1.61% 3.23% 1.39% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 50.00% 0.00% 0.00% 0.00% 0.00% 0.00% 4.76% 0.00% 3.33% 0.00% 0.00% 0.00% 5.88% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 2.82% 5.88% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 16.67% 0.00% 0.00% 0.00% 0.00% 3.33% 3.45% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 12.50% 10.00% 0.00% 0.00% 1.47% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 100.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 5.56% 5.26% 3.57% 1.49% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 5.88% 1.85% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 25.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 100.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.37% 1.07% 0.98% 0.96% 7.00% 3.00% 0.00% 1.49% 1.74% 2.04% 7.00% 3.00% 0.76% 1.18% 1.48% 1.46% 7.00% 3.00% 1.97% 1.21% 1.15% 1.14% 7.00% 3.00% 1.55% 1.72% 1.65% 1.65% 7.00% 3.00% 1.59% 1.90% 1.84% 1.83% 7.00% 3.00% 3.39% 3.13% 3.05% 3.54% 7.00% 3.00% 1.83% 1.63% 1.60% 1.60% 7.00% 3.00% 1.22% 1.04% 1.04% 1.04% 7.00% 3.00% 0.00% 2.38% 2.38% 2.38% 7.00% 3.00% Pinnacle Actuarial Resources, Inc. Page 17 Exhibit 24.3 Exhibit 24.3 West Virginia Department of Environmental Protection Office of Special Reclamation Other Release Percentages June 30, 2017 Issue Year 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Weighted Avg 5 Year 10 Year 15 Year All Year Prior Selected Selected Months of Maturity 564 576 468 480 492 504 516 528 540 552 588 600 612 624 636 648 660 672 684 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 33.33% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 7.00% 0.10% 0.00% 0.00% 0.00% 0.00% 7.00% 0.10% 0.00% 0.00% 0.00% 0.00% 7.00% 0.10% 7.69% 7.69% 7.69% 7.69% 7.00% 0.10% 0.00% 0.00% 0.00% 0.00% 7.00% 0.10% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 7.00% 0.10% 0.00% 7.00% 0.10% 0.00% 7.00% 0.10% 0.00% 7.00% 0.10% 0.00% 7.00% 0.10% 0.00% 7.00% 0.10% 0.00% 7.00% 0.10% 0.00% 7.00% 0.10% 0.00% 7.00% 0.10% 0.00% 7.00% 0.10% 0.00% 7.00% 0.10% 0.00% 7.00% 0.10% 0.00% 7.00% 0.10% 0.00% 7.00% 0.10% Pinnacle Actuarial Resources, Inc. Page 18 Exhibit 25.1 West Virginia Department of Environmental Protection Office of Special Reclamation Estimated Number of Permit Projections Total, for Forfeitures Occurring after June 30, 2017 June 30, 2017 Fiscal Year Ending 6/30 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 Footnotes: (1) (2) (3) (4) (5) (6) (7) (8) Active (1) 760.00 731.39 703.25 676.33 650.34 625.41 601.37 578.11 556.03 534.85 514.94 496.20 478.49 461.80 446.09 431.16 416.97 403.66 391.13 379.31 368.24 357.84 348.09 338.91 330.31 322.32 314.81 307.82 301.31 295.29 289.72 284.49 279.59 274.99 270.72 In Force Inactive (2) 280.00 267.29 255.33 244.08 233.33 223.33 213.79 204.94 196.65 188.86 181.55 174.78 168.48 162.55 156.98 151.77 146.88 142.27 138.00 134.00 130.27 126.78 123.54 120.55 117.76 115.16 112.68 110.33 108.14 106.07 104.12 102.26 100.50 98.85 97.28 Phase Released (3) Active (4) 752.00 715.11 680.04 647.12 615.94 587.10 560.10 534.77 511.12 488.86 467.85 448.06 429.48 412.06 395.78 380.44 365.98 352.36 339.59 327.56 316.24 305.62 295.60 286.18 277.23 268.76 260.71 253.09 245.83 238.93 232.37 226.11 220.16 214.47 209.05 4.96 4.94 4.86 4.61 4.34 3.99 3.75 3.48 3.25 2.98 2.73 2.54 2.33 2.11 1.95 1.79 1.63 1.47 1.32 1.16 1.04 0.93 0.82 0.71 0.62 0.54 0.44 0.36 0.24 0.16 0.11 0.07 0.03 0.03 0.03 Forfeited Inactive (5) 2.02 1.87 1.73 1.61 1.48 1.38 1.25 1.15 1.02 0.92 0.79 0.68 0.61 0.53 0.50 0.44 0.39 0.33 0.29 0.23 0.20 0.16 0.11 0.09 0.06 0.05 0.04 0.02 0.02 0.01 0.01 0.01 0.01 0.01 0.01 Phase Released (6) 5.30 4.75 4.27 3.91 3.48 3.13 2.84 2.49 2.17 1.93 1.71 1.49 1.28 1.06 0.93 0.81 0.72 0.59 0.51 0.42 0.33 0.29 0.22 0.18 0.13 0.10 0.07 0.06 0.04 0.03 0.03 0.02 0.02 0.02 0.02 Active (7) 23.65 23.20 22.06 21.38 20.59 20.06 19.51 18.60 17.93 16.93 16.02 15.18 14.36 13.60 12.98 12.40 11.67 11.06 10.49 9.91 9.36 8.83 8.35 7.88 7.38 6.96 6.55 6.15 5.78 5.41 5.12 4.82 4.57 4.25 3.94 Released Inactive (8) 10.70 10.09 9.52 9.14 8.53 8.16 7.60 7.13 6.77 6.39 5.98 5.63 5.31 5.04 4.71 4.44 4.21 3.94 3.71 3.50 3.29 3.08 2.88 2.70 2.54 2.43 2.30 2.17 2.05 1.94 1.85 1.75 1.64 1.56 1.48 Phase Released (9) 31.58 30.33 28.65 27.26 25.36 23.87 22.49 21.16 20.09 19.08 18.07 17.09 16.14 15.22 14.41 13.65 12.91 12.18 11.52 10.89 10.29 9.73 9.20 8.77 8.34 7.95 7.54 7.20 6.87 6.53 6.24 5.93 5.67 5.40 5.16 Footnotes: (9) (10) (11) (12) (13) Prior Col (1) - Prior Col (4) - Prior Col (7) Prior Col (2) - Prior Col (5) - Prior Col (8) Prior Col (3) - Prior Col (6) - Prior Col (9) Exhibit 25.2 Col (4) + Exhibit 25.3 Col (4) + Exhibit 25.4 Col (4) Exhibit 25.2 Col (5) + Exhibit 25.3 Col (5) + Exhibit 25.4 Col (5) Exhibit 25.2 Col (6) + Exhibit 25.3 Col (6) + Exhibit 25.4 Col (6) Exhibit 25.2 Col (7) + Exhibit 25.3 Col (7) + Exhibit 25.4 Col (7) Exhibit 25.2 Col (8) + Exhibit 25.3 Col (8) + Exhibit 25.4 Col (8) Pinnacle Actuarial Resources, Inc. Active (10) 760.00 731.39 703.25 676.33 650.34 625.41 601.37 578.11 556.03 534.85 514.94 496.20 478.49 461.80 446.09 431.16 416.97 403.66 391.13 379.31 368.24 357.84 348.09 338.91 330.31 322.32 314.81 307.82 301.31 295.29 289.72 284.49 279.59 274.99 270.72 266.75 End of Year Inactive (11) 280.00 267.29 255.33 244.08 233.33 223.33 213.79 204.94 196.65 188.86 181.55 174.78 168.48 162.55 156.98 151.77 146.88 142.27 138.00 134.00 130.27 126.78 123.54 120.55 117.76 115.16 112.68 110.33 108.14 106.07 104.12 102.26 100.50 98.85 97.28 95.80 Phase Released (12) 752.00 715.11 680.04 647.12 615.94 587.10 560.10 534.77 511.12 488.86 467.85 448.06 429.48 412.06 395.78 380.44 365.98 352.36 339.59 327.56 316.24 305.62 295.60 286.18 277.23 268.76 260.71 253.09 245.83 238.93 232.37 226.11 220.16 214.47 209.05 203.87 Total (13) 1,792.00 1,713.79 1,638.61 1,567.53 1,499.61 1,435.84 1,375.26 1,317.82 1,263.80 1,212.57 1,164.34 1,119.04 1,076.44 1,036.41 998.85 963.36 929.83 898.29 868.72 840.87 814.75 790.24 767.23 745.64 725.30 706.23 688.20 671.24 655.28 640.29 626.21 612.86 600.25 588.31 577.05 566.42 Exhibit 25.2 Col (9) + Exhibit 25.3 Col (9) + Exhibit 25.4 Col (9) Col (1) - Col (4) - Col (7) Col (2) - Col (5) - Col (8) Col (3) - Col (6) - Col (9) Col (10) + Col (11) + Col (12) Exhibit 25.2 West Virginia Department of Environmental Protection Office of Special Reclamation Estimated Number of Permit Projections Surface, for Forfeitures Occurring after June 30, 2017 June 30, 2017 Fiscal Year Ending 6/30 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 Footnotes: (1) (2) (3) (4) - (6) (7) - (9) Active (1) 197.00 190.62 184.12 177.55 170.90 163.71 156.35 148.83 141.35 133.90 126.79 120.02 113.59 107.50 101.72 96.15 90.82 85.72 80.89 76.29 72.01 67.99 64.23 60.72 57.43 54.35 51.47 48.77 46.24 43.93 41.78 39.79 37.92 36.18 34.54 In Force Inactive (2) 43.00 41.07 39.25 37.45 35.58 33.73 31.93 30.22 28.60 27.06 25.58 24.21 22.91 21.70 20.53 19.42 18.37 17.37 16.45 15.58 14.78 14.03 13.32 12.67 12.05 11.47 10.92 10.41 9.93 9.49 9.07 8.68 8.30 7.95 7.61 Phase Released (3) 392.00 371.65 352.18 333.55 315.69 298.74 282.70 267.51 253.22 239.70 226.93 214.91 203.62 193.02 183.14 173.86 165.11 156.89 149.21 141.98 135.19 128.84 122.88 117.31 112.04 107.07 102.37 97.94 93.73 89.76 85.99 82.40 78.99 75.74 72.65 Active (4) 1.82 1.85 1.89 1.82 1.74 1.62 1.55 1.46 1.38 1.30 1.21 1.14 1.07 0.98 0.91 0.84 0.78 0.71 0.65 0.57 0.51 0.46 0.41 0.37 0.32 0.29 0.25 0.22 0.14 0.10 0.06 0.03 0.01 0.00 0.00 Forfeited Inactive (5) 0.42 0.39 0.37 0.34 0.31 0.30 0.28 0.26 0.24 0.23 0.20 0.18 0.16 0.14 0.13 0.12 0.11 0.10 0.09 0.07 0.06 0.06 0.04 0.03 0.03 0.03 0.02 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Phase Released (6) 3.54 3.25 2.97 2.74 2.46 2.20 2.03 1.83 1.64 1.48 1.34 1.17 1.00 0.84 0.75 0.68 0.60 0.49 0.43 0.36 0.28 0.25 0.18 0.14 0.10 0.07 0.05 0.04 0.02 0.01 0.01 0.01 0.01 0.01 0.01 Active (7) 4.56 4.65 4.68 4.83 5.45 5.74 5.98 6.01 6.07 5.82 5.55 5.29 5.03 4.81 4.66 4.49 4.32 4.12 3.94 3.72 3.51 3.30 3.10 2.92 2.76 2.60 2.45 2.31 2.17 2.05 1.93 1.83 1.73 1.64 1.55 Released Inactive (8) 1.51 1.43 1.42 1.54 1.53 1.51 1.42 1.36 1.30 1.25 1.17 1.12 1.06 1.02 0.98 0.93 0.88 0.83 0.78 0.73 0.69 0.65 0.61 0.58 0.55 0.52 0.49 0.47 0.44 0.42 0.40 0.37 0.35 0.34 0.32 Phase Released (9) 16.81 16.22 15.67 15.11 14.49 13.83 13.16 12.46 11.88 11.28 10.69 10.12 9.59 9.04 8.52 8.07 7.62 7.19 6.80 6.43 6.07 5.72 5.39 5.12 4.87 4.63 4.38 4.17 3.96 3.75 3.58 3.40 3.24 3.09 2.94 Footnotes: (10) (11) (12) (13) Prior Col (1) - Prior Col (4) - Prior Col (7) Prior Col (2) - Prior Col (5) - Prior Col (8) Prior Col (3) - Prior Col (6) - Prior Col (9) Exhibit 28.1 Col (9), Exhibit 28.1 Col (24), Exhibit 28.1 Col (39), etc. Exhibit 28.1 Col (10), Exhibit 28.1 Col (25), Exhibit 28.1 Col (40), etc. Pinnacle Actuarial Resources, Inc. Active (10) 197.00 190.62 184.12 177.55 170.90 163.71 156.35 148.83 141.35 133.90 126.79 120.02 113.59 107.50 101.72 96.15 90.82 85.72 80.89 76.29 72.01 67.99 64.23 60.72 57.43 54.35 51.47 48.77 46.24 43.93 41.78 39.79 37.92 36.18 34.54 32.98 End of Year Inactive (11) 43.00 41.07 39.25 37.45 35.58 33.73 31.93 30.22 28.60 27.06 25.58 24.21 22.91 21.70 20.53 19.42 18.37 17.37 16.45 15.58 14.78 14.03 13.32 12.67 12.05 11.47 10.92 10.41 9.93 9.49 9.07 8.68 8.30 7.95 7.61 7.29 Col (1) - Col (4) - Col (7) Col (2) - Col (5) - Col (8) Col (3) - Col (6) - Col (9) Col (10) + Col (11) + Col (12) Phase Released (12) 392.00 371.65 352.18 333.55 315.69 298.74 282.70 267.51 253.22 239.70 226.93 214.91 203.62 193.02 183.14 173.86 165.11 156.89 149.21 141.98 135.19 128.84 122.88 117.31 112.04 107.07 102.37 97.94 93.73 89.76 85.99 82.40 78.99 75.74 72.65 69.70 Total (13) 632.00 603.34 575.56 548.55 522.17 496.18 470.98 446.56 423.18 400.66 379.31 359.14 340.13 322.22 305.39 289.43 274.30 259.98 246.54 233.85 221.97 210.86 200.43 190.69 181.53 172.89 164.75 157.11 149.91 143.18 136.84 130.86 125.21 119.87 114.80 109.97 Exhibit 25.3 West Virginia Department of Environmental Protection Office of Special Reclamation Estimated Number of Permit Projections Underground, for Forfeitures Occurring after June 30, 2017 June 30, 2017 Fiscal Year Ending 6/30 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 Footnotes: (1) (2) (3) (4) - (6) (7) - (9) Active (1) 268.00 254.38 240.78 227.65 215.16 203.45 192.49 182.21 172.70 163.77 155.40 147.52 140.05 132.98 126.28 119.93 113.93 108.29 102.93 97.89 93.11 88.56 84.26 80.17 76.32 72.70 69.29 66.11 63.13 60.33 57.69 55.18 52.80 50.53 48.38 In Force Inactive (2) 144.00 136.19 128.84 121.95 115.48 109.37 103.57 98.15 93.07 88.34 83.85 79.62 75.65 71.89 68.32 64.93 61.69 58.60 55.70 52.94 50.37 47.95 45.71 43.62 41.65 39.81 38.05 36.38 34.80 33.30 31.87 30.52 29.24 28.03 26.88 Phase Released (3) 255.00 241.56 228.89 216.93 205.65 195.04 185.13 175.83 167.20 159.10 151.45 144.23 137.45 131.08 125.10 119.44 114.10 109.03 104.24 99.71 95.44 91.40 87.56 83.90 80.41 77.10 73.94 70.93 68.04 65.29 62.65 60.12 57.70 55.38 53.15 Active (4) 2.24 2.23 2.15 2.02 1.87 1.70 1.57 1.42 1.33 1.19 1.07 0.98 0.88 0.79 0.72 0.64 0.56 0.50 0.43 0.38 0.33 0.28 0.25 0.20 0.17 0.14 0.08 0.05 0.02 0.01 0.01 0.01 0.01 0.01 0.00 Forfeited Inactive (5) 1.27 1.18 1.08 1.01 0.93 0.88 0.79 0.72 0.63 0.57 0.49 0.42 0.38 0.33 0.31 0.27 0.23 0.20 0.17 0.14 0.12 0.07 0.05 0.03 0.01 0.01 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Phase Released (6) 1.58 1.36 1.18 1.06 0.92 0.84 0.73 0.60 0.46 0.39 0.32 0.27 0.23 0.18 0.14 0.10 0.08 0.07 0.05 0.04 0.03 0.02 0.02 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 Active (7) 11.38 11.37 10.98 10.47 9.84 9.26 8.71 8.09 7.60 7.18 6.82 6.48 6.20 5.91 5.63 5.36 5.08 4.86 4.61 4.41 4.22 4.02 3.85 3.65 3.45 3.27 3.10 2.93 2.78 2.63 2.50 2.38 2.26 2.15 2.04 Released Inactive (8) 6.54 6.17 5.80 5.46 5.19 4.92 4.63 4.36 4.10 3.91 3.74 3.55 3.39 3.24 3.09 2.97 2.85 2.70 2.58 2.43 2.30 2.17 2.04 1.94 1.83 1.75 1.66 1.58 1.50 1.42 1.35 1.28 1.21 1.15 1.09 Phase Released (9) 11.86 11.30 10.79 10.22 9.69 9.07 8.56 8.04 7.64 7.26 6.90 6.50 6.14 5.80 5.53 5.24 4.98 4.73 4.48 4.23 4.02 3.82 3.64 3.48 3.31 3.15 3.00 2.88 2.75 2.63 2.52 2.41 2.31 2.22 2.13 Footnotes: (10) (11) (12) (13) Prior Col (1) - Prior Col (4) - Prior Col (7) Prior Col (2) - Prior Col (5) - Prior Col (8) Prior Col (3) - Prior Col (6) - Prior Col (9) Exhibit 28.2 Col (9), Exhibit 28.2 Col (24), Exhibit 28.2 Col (39), etc. Exhibit 28.2 Col (10), Exhibit 28.2 Col (25), Exhibit 28.2 Col (40), etc. Pinnacle Actuarial Resources, Inc. Active (10) 268.00 254.38 240.78 227.65 215.16 203.45 192.49 182.21 172.70 163.77 155.40 147.52 140.05 132.98 126.28 119.93 113.93 108.29 102.93 97.89 93.11 88.56 84.26 80.17 76.32 72.70 69.29 66.11 63.13 60.33 57.69 55.18 52.80 50.53 48.38 46.33 End of Year Inactive (11) 144.00 136.19 128.84 121.95 115.48 109.37 103.57 98.15 93.07 88.34 83.85 79.62 75.65 71.89 68.32 64.93 61.69 58.60 55.70 52.94 50.37 47.95 45.71 43.62 41.65 39.81 38.05 36.38 34.80 33.30 31.87 30.52 29.24 28.03 26.88 25.78 Col (1) - Col (4) - Col (7) Col (2) - Col (5) - Col (8) Col (3) - Col (6) - Col (9) Col (10) + Col (11) + Col (12) Phase Released (12) 255.00 241.56 228.89 216.93 205.65 195.04 185.13 175.83 167.20 159.10 151.45 144.23 137.45 131.08 125.10 119.44 114.10 109.03 104.24 99.71 95.44 91.40 87.56 83.90 80.41 77.10 73.94 70.93 68.04 65.29 62.65 60.12 57.70 55.38 53.15 51.02 Total (13) 667.00 632.12 598.51 566.53 536.29 507.85 481.19 456.20 432.97 411.21 390.70 371.36 353.16 335.94 319.70 304.29 289.72 275.92 262.87 250.54 238.92 227.91 217.53 207.69 198.39 189.61 181.28 173.42 165.98 158.92 152.21 145.82 139.73 133.94 128.40 123.13 Exhibit 25.4 West Virginia Department of Environmental Protection Office of Special Reclamation Estimated Number of Permit Projections Other, for Forfeitures Occurring after June 30, 2017 June 30, 2017 Fiscal Year Ending 6/30 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 Footnotes: (1) (2) (3) (4) - (6) (7) - (9) Active (1) 295.00 286.39 278.35 271.13 264.28 258.25 252.52 247.07 241.98 237.18 232.75 228.66 224.84 221.32 218.09 215.08 212.22 209.66 207.31 205.12 203.12 201.29 199.60 198.02 196.56 195.26 194.06 192.94 191.94 191.03 190.25 189.52 188.87 188.28 187.80 In Force Inactive (2) 93.00 90.03 87.24 84.67 82.27 80.23 78.30 76.56 74.98 73.46 72.12 70.96 69.91 68.97 68.12 67.42 66.82 66.30 65.86 65.48 65.12 64.80 64.51 64.26 64.05 63.88 63.71 63.54 63.41 63.28 63.17 63.06 62.96 62.88 62.80 Phase Released (3) 105.00 101.91 98.96 96.64 94.60 93.32 92.27 91.43 90.70 90.06 89.47 88.93 88.41 87.96 87.53 87.14 86.77 86.43 86.15 85.87 85.62 85.38 85.17 84.97 84.78 84.59 84.40 84.23 84.05 83.89 83.73 83.59 83.47 83.35 83.25 Active (4) 0.90 0.85 0.81 0.78 0.73 0.66 0.63 0.59 0.54 0.49 0.45 0.41 0.39 0.35 0.32 0.31 0.29 0.27 0.25 0.22 0.20 0.18 0.16 0.15 0.13 0.12 0.10 0.10 0.07 0.05 0.05 0.04 0.02 0.02 0.02 Forfeited Inactive (5) 0.32 0.30 0.28 0.26 0.23 0.20 0.18 0.17 0.15 0.12 0.10 0.09 0.08 0.06 0.06 0.05 0.05 0.04 0.03 0.03 0.02 0.02 0.02 0.02 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 Phase Released (6) 0.18 0.14 0.12 0.11 0.10 0.09 0.08 0.07 0.06 0.06 0.05 0.05 0.04 0.04 0.04 0.03 0.03 0.03 0.03 0.03 0.02 0.02 0.02 0.02 0.02 0.02 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 Active (7) 7.71 7.18 6.40 6.07 5.30 5.06 4.83 4.50 4.25 3.94 3.64 3.41 3.13 2.88 2.69 2.56 2.27 2.08 1.94 1.78 1.63 1.51 1.41 1.32 1.17 1.09 1.01 0.91 0.83 0.73 0.68 0.61 0.57 0.46 0.35 Released Inactive (8) 2.65 2.49 2.29 2.14 1.81 1.73 1.55 1.42 1.37 1.22 1.07 0.96 0.87 0.78 0.65 0.54 0.48 0.40 0.35 0.34 0.30 0.26 0.23 0.19 0.16 0.16 0.15 0.13 0.12 0.10 0.10 0.09 0.08 0.07 0.06 Phase Released (9) 2.91 2.81 2.20 1.93 1.18 0.96 0.77 0.66 0.58 0.53 0.49 0.47 0.41 0.38 0.36 0.34 0.31 0.25 0.25 0.23 0.21 0.19 0.17 0.17 0.17 0.17 0.16 0.16 0.16 0.14 0.13 0.11 0.11 0.09 0.08 Footnotes: (10) (11) (12) (13) Prior Col (1) - Prior Col (4) - Prior Col (7) Prior Col (2) - Prior Col (5) - Prior Col (8) Prior Col (3) - Prior Col (6) - Prior Col (9) Exhibit 28.3 Col (9), Exhibit 28.3 Col (24), Exhibit 28.3 Col (39), etc. Exhibit 28.3 Col (10), Exhibit 28.3 Col (25), Exhibit 28.3 Col (40), etc. Pinnacle Actuarial Resources, Inc. Active (10) 295.00 286.39 278.35 271.13 264.28 258.25 252.52 247.07 241.98 237.18 232.75 228.66 224.84 221.32 218.09 215.08 212.22 209.66 207.31 205.12 203.12 201.29 199.60 198.02 196.56 195.26 194.06 192.94 191.94 191.03 190.25 189.52 188.87 188.28 187.80 187.43 End of Year Inactive (11) 93.00 90.03 87.24 84.67 82.27 80.23 78.30 76.56 74.98 73.46 72.12 70.96 69.91 68.97 68.12 67.42 66.82 66.30 65.86 65.48 65.12 64.80 64.51 64.26 64.05 63.88 63.71 63.54 63.41 63.28 63.17 63.06 62.96 62.88 62.80 62.73 Col (1) - Col (4) - Col (7) Col (2) - Col (5) - Col (8) Col (3) - Col (6) - Col (9) Col (10) + Col (11) + Col (12) Phase Released (12) 105.00 101.91 98.96 96.64 94.60 93.32 92.27 91.43 90.70 90.06 89.47 88.93 88.41 87.96 87.53 87.14 86.77 86.43 86.15 85.87 85.62 85.38 85.17 84.97 84.78 84.59 84.40 84.23 84.05 83.89 83.73 83.59 83.47 83.35 83.25 83.16 Total (13) 493.00 478.32 464.55 452.45 441.15 431.81 423.09 415.06 407.65 400.70 394.33 388.54 383.16 378.25 373.75 369.64 365.81 362.39 359.31 356.47 353.86 351.47 349.27 347.25 345.39 343.73 342.17 340.71 339.40 338.20 337.15 336.17 335.31 334.51 333.85 333.32 Exhibit 26.1 West Virginia Department of Environmental Protection Office of Special Reclamation Estimated Acreage Projections Total, for Forfeitures Occurring after June 30, 2017 June 30, 2017 Fiscal Year Ending 6/30 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 Footnotes: (1) (2) (3) (4) (5) (6) (7) Active (1) 101,842 98,046 94,318 90,814 87,431 84,103 80,812 77,616 74,574 71,648 68,866 66,206 63,664 61,247 58,968 56,803 54,744 52,812 51,002 49,300 47,714 46,215 44,805 43,482 42,240 41,085 39,994 38,971 38,008 37,115 36,279 35,491 34,756 34,060 33,407 In Force Inactive (2) 33,048 31,682 30,391 29,161 27,955 26,846 25,771 24,754 23,807 22,911 22,062 21,275 20,538 19,838 19,171 18,552 17,975 17,432 16,922 16,441 15,992 15,576 15,190 14,832 14,494 14,171 13,863 13,572 13,298 13,040 12,795 12,561 12,339 12,128 11,927 Phase Released (3) Forfeited Inactive (5) Active (4) 165,405 157,338 149,663 142,371 135,393 128,895 122,721 116,839 111,298 106,045 101,067 96,366 91,920 87,731 83,796 80,085 76,614 73,343 70,266 67,356 64,608 62,021 59,595 57,315 55,156 53,101 51,156 49,317 47,563 45,901 44,326 42,818 41,383 40,010 38,697 Prior Col (1) - Prior Col (4) - Prior Col (7) Prior Col (2) - Prior Col (5) - Prior Col (8) Prior Col (3) - Prior Col (6) - Prior Col (9) Exhibit 26.2 Col (4) + Exhibit 26.3 Col (4) + Exhibit 26.4 Col (4) Exhibit 26.2 Col (5) + Exhibit 26.3 Col (5) + Exhibit 26.4 Col (5) Exhibit 26.2 Col (6) + Exhibit 26.3 Col (6) + Exhibit 26.4 Col (6) Exhibit 26.2 Col (7) + Exhibit 26.3 Col (7) + Exhibit 26.4 Col (7) 403 398 384 365 346 322 305 289 271 252 234 219 204 183 170 156 145 131 120 101 88 77 67 58 48 41 35 30 19 12 8 4 2 2 2 113 104 97 91 83 78 71 66 59 53 45 37 32 27 26 22 20 17 14 11 10 9 7 5 5 4 3 2 1 1 1 1 1 1 1 Phase Released (6) 677 609 561 517 416 363 330 289 256 231 206 182 152 121 106 95 82 66 57 46 32 28 21 17 12 9 7 5 4 3 3 2 2 2 2 Active (7) 3,393 3,330 3,120 3,017 2,983 2,969 2,891 2,753 2,656 2,530 2,427 2,322 2,213 2,097 1,995 1,903 1,787 1,678 1,582 1,485 1,411 1,332 1,256 1,183 1,108 1,049 987 934 873 824 780 731 694 651 612 Released Inactive (8) Phase Released (9) 1,253 1,187 1,132 1,115 1,026 997 945 881 838 796 742 700 669 639 594 554 523 493 467 437 406 377 351 333 318 304 287 272 257 244 233 222 210 200 191 7,389 7,066 6,731 6,461 6,081 5,812 5,551 5,253 4,997 4,747 4,494 4,264 4,038 3,814 3,605 3,375 3,190 3,011 2,853 2,702 2,556 2,397 2,260 2,142 2,043 1,936 1,832 1,749 1,658 1,572 1,505 1,432 1,370 1,311 1,255 Footnotes: (8) (9) (10) (11) (12) (13) (14) Pinnacle Actuarial Resources, Inc. Active (10) 101,842 98,046 94,318 90,814 87,431 84,103 80,812 77,616 74,574 71,648 68,866 66,206 63,664 61,247 58,968 56,803 54,744 52,812 51,002 49,300 47,714 46,215 44,805 43,482 42,240 41,085 39,994 38,971 38,008 37,115 36,279 35,491 34,756 34,060 33,407 32,793 End of Year Inactive (11) 33,048 31,682 30,391 29,161 27,955 26,846 25,771 24,754 23,807 22,911 22,062 21,275 20,538 19,838 19,171 18,552 17,975 17,432 16,922 16,441 15,992 15,576 15,190 14,832 14,494 14,171 13,863 13,572 13,298 13,040 12,795 12,561 12,339 12,128 11,927 11,736 Phase Released (12) 165,405 157,338 149,663 142,371 135,393 128,895 122,721 116,839 111,298 106,045 101,067 96,366 91,920 87,731 83,796 80,085 76,614 73,343 70,266 67,356 64,608 62,021 59,595 57,315 55,156 53,101 51,156 49,317 47,563 45,901 44,326 42,818 41,383 40,010 38,697 37,440 Total (13) 300,295 287,067 274,373 262,347 250,780 239,844 229,304 219,210 209,680 200,603 191,995 183,847 176,123 168,816 161,935 155,440 149,333 143,586 138,191 133,096 128,314 123,811 119,591 115,629 111,890 108,357 105,013 101,861 98,869 96,056 93,400 90,871 88,478 86,198 84,031 81,969 Exhibit 26.2 Col (8) + Exhibit 26.3 Col (8) + Exhibit 26.4 Col (8) Exhibit 26.2 Col (9) + Exhibit 26.3 Col (9) + Exhibit 26.4 Col (9) Col (1) - Col (4) - Col (7) Col (2) - Col (5) - Col (8) Col (3) - Col (6) - Col (9) Col (10) + Col (11) + Col (12) Col (10) / Year 2017 Col (10) Active % of Acres (14) 100.00% 96.27% 92.61% 89.17% 85.85% 82.58% 79.35% 76.21% 73.23% 70.35% 67.62% 65.01% 62.51% 60.14% 57.90% 55.78% 53.75% 51.86% 50.08% 48.41% 46.85% 45.38% 43.99% 42.70% 41.48% 40.34% 39.27% 38.27% 37.32% 36.44% 35.62% 34.85% 34.13% 33.44% 32.80% 32.20% Exhibit 26.2 West Virginia Department of Environmental Protection Office of Special Reclamation Estimated Acreage Projections Surface, for Forfeitures Occurring after June 30, 2017 June 30, 2017 Fiscal Year Ending 6/30 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 Footnotes: (1) (2) (3) (4) - (6) (7) - (9) Active (1) 56,112 54,064 51,988 49,980 47,997 45,946 43,857 41,769 39,719 37,729 35,827 34,010 32,278 30,635 29,077 27,580 26,148 24,776 23,473 22,239 21,082 19,991 18,965 18,008 17,108 16,265 15,469 14,719 14,011 13,359 12,747 12,173 11,633 11,124 10,643 In Force Inactive (2) 15,950 15,251 14,591 13,943 13,290 12,661 12,043 11,448 10,881 10,341 9,824 9,337 8,874 8,435 8,016 7,617 7,236 6,874 6,533 6,209 5,909 5,632 5,372 5,128 4,897 4,677 4,467 4,269 4,084 3,909 3,745 3,588 3,438 3,295 3,159 Phase Released (3) 137,223 130,468 124,014 117,829 111,887 106,243 100,862 95,724 90,870 86,256 81,883 77,756 73,853 70,172 66,718 63,463 60,379 57,477 54,751 52,174 49,745 47,458 45,320 43,314 41,418 39,615 37,911 36,303 34,771 33,323 31,952 30,641 29,395 28,203 27,064 Forfeited Inactive (5) Active (4) 277 278 273 259 249 233 223 211 200 187 176 166 156 141 131 121 114 104 96 80 70 62 53 46 38 32 29 24 16 10 6 2 1 1 1 Prior Col (1) - Prior Col (4) - Prior Col (7) Prior Col (2) - Prior Col (5) - Prior Col (8) Prior Col (3) - Prior Col (6) - Prior Col (9) Exhibit 28.1 Col (11), Exhibit 28.1 Col (26), Exhibit 28.1 Col (41), etc. Exhibit 28.1 Col (12), Exhibit 28.1 Col (27), Exhibit 28.1 Col (42), etc. Phase Released (6) 47 44 42 39 36 34 32 31 28 27 22 19 16 13 13 12 11 9 8 6 5 5 4 3 3 2 2 1 0 0 0 0 0 0 0 560 504 465 428 381 331 302 267 238 216 194 171 143 115 101 91 78 63 55 43 30 27 19 15 10 7 5 4 3 2 2 1 1 1 1 Active (7) 1,772 1,797 1,735 1,724 1,801 1,857 1,865 1,839 1,790 1,714 1,642 1,566 1,487 1,418 1,366 1,312 1,258 1,199 1,138 1,077 1,021 964 904 854 805 764 721 683 636 602 569 538 508 480 455 Released Inactive (8) Phase Released (9) 652 616 606 614 593 584 562 536 512 491 465 444 423 406 386 369 350 332 316 293 272 256 239 228 218 208 195 185 174 165 157 150 142 136 130 6,195 5,950 5,720 5,515 5,262 5,051 4,836 4,587 4,376 4,157 3,934 3,732 3,538 3,339 3,155 2,993 2,823 2,664 2,522 2,386 2,257 2,112 1,987 1,881 1,793 1,697 1,602 1,528 1,446 1,368 1,310 1,245 1,190 1,137 1,088 Footnotes: (10) (11) (12) (13) (14) Pinnacle Actuarial Resources, Inc. Active (10) 56,112 54,064 51,988 49,980 47,997 45,946 43,857 41,769 39,719 37,729 35,827 34,010 32,278 30,635 29,077 27,580 26,148 24,776 23,473 22,239 21,082 19,991 18,965 18,008 17,108 16,265 15,469 14,719 14,011 13,359 12,747 12,173 11,633 11,124 10,643 10,187 End of Year Inactive (11) 15,950 15,251 14,591 13,943 13,290 12,661 12,043 11,448 10,881 10,341 9,824 9,337 8,874 8,435 8,016 7,617 7,236 6,874 6,533 6,209 5,909 5,632 5,372 5,128 4,897 4,677 4,467 4,269 4,084 3,909 3,745 3,588 3,438 3,295 3,159 3,029 Col (1) - Col (4) - Col (7) Col (2) - Col (5) - Col (8) Col (3) - Col (6) - Col (9) Col (10) + Col (11) + Col (12) Col (10) / Year 2017 Col (10) Phase Released (12) 137,223 130,468 124,014 117,829 111,887 106,243 100,862 95,724 90,870 86,256 81,883 77,756 73,853 70,172 66,718 63,463 60,379 57,477 54,751 52,174 49,745 47,458 45,320 43,314 41,418 39,615 37,911 36,303 34,771 33,323 31,952 30,641 29,395 28,203 27,064 25,975 Total (13) 209,286 199,783 190,593 181,752 173,173 164,851 156,761 148,940 141,470 134,326 127,534 121,102 115,005 109,243 103,811 98,660 93,763 89,128 84,757 80,623 76,736 73,082 69,656 66,451 63,424 60,556 57,846 55,291 52,867 50,591 48,444 46,401 44,465 42,622 40,866 39,191 Active % of Acres (14) 100.00% 96.35% 92.65% 89.07% 85.54% 81.88% 78.16% 74.44% 70.78% 67.24% 63.85% 60.61% 57.52% 54.60% 51.82% 49.15% 46.60% 44.15% 41.83% 39.63% 37.57% 35.63% 33.80% 32.09% 30.49% 28.99% 27.57% 26.23% 24.97% 23.81% 22.72% 21.69% 20.73% 19.82% 18.97% 18.15% Exhibit 26.3 West Virginia Department of Environmental Protection Office of Special Reclamation Estimated Acreage Projections Underground, for Forfeitures Occurring after June 30, 2017 June 30, 2017 Fiscal Year Ending 6/30 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 Footnotes: (1) (2) (3) (4) - (6) (7) - (9) Active (1) 15,877 15,065 14,288 13,553 12,861 12,208 11,592 11,011 10,503 10,023 9,563 9,124 8,702 8,300 7,917 7,551 7,207 6,880 6,572 6,280 6,001 5,735 5,483 5,242 5,013 4,795 4,588 4,392 4,207 4,032 3,866 3,706 3,554 3,409 3,270 In Force Inactive (2) 6,666 6,317 5,986 5,672 5,377 5,096 4,829 4,579 4,349 4,136 3,933 3,741 3,561 3,391 3,229 3,076 2,931 2,792 2,662 2,540 2,425 2,316 2,213 2,117 2,027 1,941 1,859 1,781 1,707 1,636 1,569 1,505 1,443 1,384 1,329 Phase Released (3) 18,948 17,921 16,949 16,030 15,161 14,388 13,661 12,972 12,331 11,732 11,163 10,626 10,116 9,633 9,177 8,743 8,377 8,027 7,693 7,375 7,071 6,781 6,504 6,239 5,985 5,744 5,512 5,291 5,078 4,874 4,678 4,490 4,310 4,137 3,971 Forfeited Inactive (5) Active (4) 68 67 62 58 53 48 43 40 37 34 30 28 25 23 21 18 16 12 11 9 7 6 5 4 4 3 1 1 0 0 0 0 0 0 0 Prior Col (1) - Prior Col (4) - Prior Col (7) Prior Col (2) - Prior Col (5) - Prior Col (8) Prior Col (3) - Prior Col (6) - Prior Col (9) Exhibit 28.1 Col (11), Exhibit 28.1 Col (26), Exhibit 28.1 Col (41), etc. Exhibit 28.1 Col (12), Exhibit 28.1 Col (27), Exhibit 28.1 Col (42), etc. Phase Released (6) 45 41 38 35 33 31 27 24 21 19 16 13 11 10 9 7 6 5 4 3 3 2 1 1 0 0 0 0 0 0 0 0 0 0 0 107 98 90 84 30 27 24 18 15 12 10 9 7 5 4 3 2 2 2 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 Released Inactive (8) Active (7) 744 710 673 634 600 568 537 468 443 425 409 394 377 360 344 326 311 295 282 269 259 246 236 224 214 205 194 184 174 166 159 152 145 139 133 Phase Released (9) 303 290 276 260 248 237 223 205 192 184 176 168 159 152 144 138 132 125 118 112 106 101 95 90 85 82 78 74 71 67 64 61 59 56 53 920 875 829 785 743 700 666 623 585 556 528 501 475 452 430 363 348 332 316 302 289 276 265 253 241 231 221 212 204 195 188 180 173 166 159 Footnotes: (10) (11) (12) (13) (14) Pinnacle Actuarial Resources, Inc. Active (10) 15,877 15,065 14,288 13,553 12,861 12,208 11,592 11,011 10,503 10,023 9,563 9,124 8,702 8,300 7,917 7,551 7,207 6,880 6,572 6,280 6,001 5,735 5,483 5,242 5,013 4,795 4,588 4,392 4,207 4,032 3,866 3,706 3,554 3,409 3,270 3,137 End of Year Inactive (11) 6,666 6,317 5,986 5,672 5,377 5,096 4,829 4,579 4,349 4,136 3,933 3,741 3,561 3,391 3,229 3,076 2,931 2,792 2,662 2,540 2,425 2,316 2,213 2,117 2,027 1,941 1,859 1,781 1,707 1,636 1,569 1,505 1,443 1,384 1,329 1,275 Col (1) - Col (4) - Col (7) Col (2) - Col (5) - Col (8) Col (3) - Col (6) - Col (9) Col (10) + Col (11) + Col (12) Col (10) / Year 2017 Col (10) Phase Released (12) 18,948 17,921 16,949 16,030 15,161 14,388 13,661 12,972 12,331 11,732 11,163 10,626 10,116 9,633 9,177 8,743 8,377 8,027 7,693 7,375 7,071 6,781 6,504 6,239 5,985 5,744 5,512 5,291 5,078 4,874 4,678 4,490 4,310 4,137 3,971 3,812 Total (13) 41,491 39,304 37,224 35,256 33,399 31,692 30,082 28,562 27,183 25,890 24,659 23,490 22,379 21,324 20,323 19,370 18,514 17,699 16,928 16,194 15,497 14,832 14,201 13,598 13,026 12,480 11,959 11,464 10,992 10,543 10,112 9,701 9,308 8,931 8,570 8,224 Active % of Acres (14) 100.00% 94.89% 89.99% 85.36% 81.00% 76.89% 73.01% 69.35% 66.15% 63.13% 60.23% 57.47% 54.81% 52.27% 49.86% 47.56% 45.39% 43.33% 41.39% 39.55% 37.80% 36.12% 34.53% 33.02% 31.58% 30.20% 28.90% 27.66% 26.50% 25.40% 24.35% 23.34% 22.39% 21.47% 20.60% 19.76% Exhibit 26.4 West Virginia Department of Environmental Protection Office of Special Reclamation Estimated Acreage Projections Other, for Forfeitures Occurring after June 30, 2017 June 30, 2017 Fiscal Year Ending 6/30 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 Footnotes: (1) (2) (3) (4) - (6) (7) - (9) Active (1) 29,853 28,917 28,042 27,281 26,574 25,949 25,364 24,837 24,353 23,897 23,476 23,072 22,685 22,312 21,974 21,672 21,390 21,155 20,956 20,781 20,630 20,488 20,358 20,232 20,119 20,025 19,937 19,861 19,789 19,723 19,666 19,612 19,569 19,527 19,494 In Force Inactive (2) 10,432 10,114 9,814 9,546 9,288 9,089 8,900 8,728 8,577 8,434 8,305 8,198 8,103 8,011 7,926 7,859 7,808 7,765 7,727 7,692 7,658 7,628 7,606 7,587 7,569 7,553 7,537 7,521 7,507 7,494 7,481 7,469 7,458 7,448 7,440 Phase Released (3) 9,233 8,949 8,700 8,512 8,345 8,264 8,197 8,143 8,096 8,057 8,020 7,985 7,952 7,925 7,900 7,878 7,858 7,839 7,822 7,807 7,792 7,781 7,771 7,762 7,752 7,742 7,733 7,723 7,714 7,705 7,696 7,687 7,678 7,670 7,662 Forfeited Inactive (5) Active (4) 58 53 49 47 44 41 39 37 34 30 28 25 23 19 18 17 15 15 14 12 11 9 9 8 7 6 5 4 3 2 2 1 1 1 1 Prior Col (1) - Prior Col (4) - Prior Col (7) Prior Col (2) - Prior Col (5) - Prior Col (8) Prior Col (3) - Prior Col (6) - Prior Col (9) Exhibit 28.1 Col (11), Exhibit 28.1 Col (26), Exhibit 28.1 Col (41), etc. Exhibit 28.1 Col (12), Exhibit 28.1 Col (27), Exhibit 28.1 Col (42), etc. Phase Released (6) 20 19 17 16 15 13 12 11 10 8 6 5 5 4 4 3 3 3 2 2 2 2 2 1 1 1 1 1 1 0 0 0 0 0 0 10 8 6 5 5 5 4 3 3 3 3 3 2 2 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 Released Inactive (8) Active (7) 878 822 712 660 581 544 488 446 422 391 376 362 350 319 285 265 219 184 162 139 132 121 117 105 88 81 72 67 63 55 52 42 40 32 24 Phase Released (9) 297 281 251 242 185 176 160 140 134 120 101 89 87 81 63 47 41 35 33 32 28 20 17 16 15 15 15 14 12 12 12 10 10 8 7 275 241 182 162 76 62 50 43 36 34 32 31 24 23 20 19 19 15 15 13 10 9 9 9 9 9 9 9 9 8 8 8 8 8 8 Footnotes: (10) (11) (12) (13) (14) Pinnacle Actuarial Resources, Inc. Active (10) 29,853 28,917 28,042 27,281 26,574 25,949 25,364 24,837 24,353 23,897 23,476 23,072 22,685 22,312 21,974 21,672 21,390 21,155 20,956 20,781 20,630 20,488 20,358 20,232 20,119 20,025 19,937 19,861 19,789 19,723 19,666 19,612 19,569 19,527 19,494 19,469 End of Year Inactive (11) 10,432 10,114 9,814 9,546 9,288 9,089 8,900 8,728 8,577 8,434 8,305 8,198 8,103 8,011 7,926 7,859 7,808 7,765 7,727 7,692 7,658 7,628 7,606 7,587 7,569 7,553 7,537 7,521 7,507 7,494 7,481 7,469 7,458 7,448 7,440 7,432 Col (1) - Col (4) - Col (7) Col (2) - Col (5) - Col (8) Col (3) - Col (6) - Col (9) Col (10) + Col (11) + Col (12) Col (10) / Year 2017 Col (10) Phase Released (12) 9,233 8,949 8,700 8,512 8,345 8,264 8,197 8,143 8,096 8,057 8,020 7,985 7,952 7,925 7,900 7,878 7,858 7,839 7,822 7,807 7,792 7,781 7,771 7,762 7,752 7,742 7,733 7,723 7,714 7,705 7,696 7,687 7,678 7,670 7,662 7,653 Total (13) 49,518 47,980 46,557 45,339 44,207 43,301 42,461 41,708 41,027 40,388 39,801 39,255 38,740 38,249 37,801 37,409 37,056 36,759 36,506 36,279 36,081 35,897 35,734 35,580 35,440 35,320 35,207 35,106 35,010 34,922 34,843 34,768 34,706 34,645 34,595 34,554 Active % of Acres (14) 100.00% 96.87% 93.94% 91.39% 89.02% 86.92% 84.96% 83.20% 81.58% 80.05% 78.64% 77.29% 75.99% 74.74% 73.61% 72.60% 71.65% 70.87% 70.20% 69.61% 69.11% 68.63% 68.19% 67.77% 67.39% 67.08% 66.79% 66.53% 66.29% 66.07% 65.88% 65.70% 65.55% 65.41% 65.30% 65.22% Exhibit 27.1 West Virginia Department of Environmental Protection Office of Special Reclamation Estimated Reclamation Expenditures Land - Total, for Forfeitures Occurring after June 30, 2017 June 30, 2017 Fiscal Year Ending 6/30 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 Footnotes: (1) (2) (3) (4) (5) - (7) (8) Active (1) $2,352,206 2,291,848 2,180,509 2,067,546 1,927,395 1,778,924 1,667,891 1,568,120 1,461,092 1,343,829 1,233,958 1,146,276 1,053,691 943,528 873,311 794,610 725,149 638,092 579,325 489,917 422,262 366,843 321,930 276,859 232,140 197,569 157,695 130,517 85,319 53,215 37,827 23,366 16,615 15,104 14,893 Gross Liability Inactive Phase Released (2) (3) $962,418 881,204 813,362 760,110 700,966 652,921 582,478 534,832 465,528 416,945 347,500 282,754 244,880 212,843 200,434 167,125 146,140 121,431 105,060 80,605 71,120 58,676 44,993 33,872 25,946 23,247 18,330 12,501 8,270 6,154 6,046 5,943 5,846 5,753 5,667 $1,679,476 1,514,237 1,392,170 1,290,111 838,053 738,302 666,518 567,734 496,985 444,177 389,115 345,265 288,069 224,277 192,647 169,417 145,818 117,577 102,869 83,694 59,029 52,272 39,810 32,636 23,700 18,230 14,850 12,186 9,863 8,877 8,378 7,772 7,583 7,401 7,226 Total (4) $4,994,100 4,687,289 4,386,040 4,117,767 3,466,414 3,170,147 2,916,887 2,670,686 2,423,604 2,204,951 1,970,573 1,774,295 1,586,640 1,380,649 1,266,391 1,131,153 1,017,107 877,100 787,254 654,216 552,411 477,791 406,733 343,367 281,786 239,046 190,875 155,204 103,452 68,247 52,251 37,082 30,043 28,258 27,787 Exhibit 27.2 Col (1) + Exhibit 27.3 Col (1) + Exhibit 27.4 Col (1) Exhibit 27.2 Col (2) + Exhibit 27.3 Col (2) + Exhibit 27.4 Col (2) Exhibit 27.2 Col (3) + Exhibit 27.3 Col (3) + Exhibit 27.4 Col (3) Col (1) + Col (2) + Col (3) Col (1), Col (2), and Col (3) delayed three years Col (5) + Col (6) + Col (7) Active (5) $0 0 0 1,176,103 2,322,027 2,236,178 2,124,028 2,961,168 1,778,924 1,667,891 1,568,120 1,461,092 1,343,829 1,233,958 1,146,276 1,053,691 943,528 873,311 794,610 725,149 638,092 579,325 489,917 422,262 366,843 321,930 276,859 232,140 197,569 157,695 130,517 85,319 53,215 37,827 23,366 Gross Liability - Three Year Delay Inactive Phase Released (6) (7) $0 0 0 481,209 921,811 847,283 786,736 1,081,021 652,921 582,478 534,832 465,528 416,945 347,500 282,754 244,880 212,843 200,434 167,125 146,140 121,431 105,060 80,605 71,120 58,676 44,993 33,872 25,946 23,247 18,330 12,501 8,270 6,154 6,046 5,943 $0 0 0 839,738 1,596,856 1,453,203 1,341,140 1,483,108 738,302 666,518 567,734 496,985 444,177 389,115 345,265 288,069 224,277 192,647 169,417 145,818 117,577 102,869 83,694 59,029 52,272 39,810 32,636 23,700 18,230 14,850 12,186 9,863 8,877 8,378 7,772 Total (8) $0 0 0 2,497,050 4,840,695 4,536,664 4,251,903 5,525,298 3,170,147 2,916,887 2,670,686 2,423,604 2,204,951 1,970,573 1,774,295 1,586,640 1,380,649 1,266,391 1,131,153 1,017,107 877,100 787,254 654,216 552,411 477,791 406,733 343,367 281,786 239,046 190,875 155,204 103,452 68,247 52,251 37,082 Active (9) $1,028,750 968,583 877,744 808,544 721,320 641,522 574,390 517,666 461,912 404,595 360,582 325,340 288,675 243,961 217,500 186,827 160,276 146,616 127,013 110,099 88,788 70,252 59,365 46,153 37,765 28,371 23,848 18,230 10,735 7,324 6,298 6,144 6,002 5,638 5,594 Footnotes: (9) (10) (11) (12) (13) - (15) (16) Net Liability Inactive Phase Released (10) (11) $614,433 560,718 508,714 471,583 426,358 389,620 337,846 301,350 249,805 223,125 183,870 145,377 121,618 105,171 96,115 75,747 63,523 52,514 43,208 32,216 28,077 21,777 16,073 12,549 8,713 8,002 5,723 5,205 3,193 2,251 2,168 2,096 2,035 1,982 1,940 $685,793 607,690 553,745 505,078 132,515 101,340 83,253 59,450 49,052 36,077 26,186 22,840 19,371 13,403 9,739 8,853 6,753 5,929 4,998 4,480 4,168 3,263 3,174 3,093 3,017 2,945 2,877 2,811 2,751 2,695 2,641 2,589 2,540 2,492 2,447 Total (12) $2,328,977 2,136,991 1,940,202 1,785,204 1,280,193 1,132,481 995,488 878,466 760,768 663,798 570,638 493,557 429,664 362,535 323,354 271,428 230,552 205,059 175,218 146,794 121,033 95,292 78,612 61,794 49,496 39,318 32,447 26,246 16,679 12,270 11,107 10,829 10,577 10,113 9,981 Active (13) $0 0 0 514,375 998,666 923,163 843,144 1,125,592 641,522 574,390 517,666 461,912 404,595 360,582 325,340 288,675 243,961 217,500 186,827 160,276 146,616 127,013 110,099 88,788 70,252 59,365 46,153 37,765 28,371 23,848 18,230 10,735 7,324 6,298 6,144 Exhibit 27.2 Col (9) + Exhibit 27.3 Col (9) + Exhibit 27.4 Col (9) Exhibit 27.2 Col (10) + Exhibit 27.3 Col (10) + Exhibit 27.4 Col (10) Exhibit 27.2 Col (11) + Exhibit 27.3 Col (11) + Exhibit 27.4 Col (11) Col (9) + Col (10) + Col (11) Col (9), Col (10), and Col (11) delayed three years Col (13) + Col (14) + Col (15) Pinnacle Actuarial Resources, Inc. Net Liability - Three Year Delay Inactive Phase Released (14) (15) $0 0 0 307,217 587,576 534,716 490,148 662,149 389,620 337,846 301,350 249,805 223,125 183,870 145,377 121,618 105,171 96,115 75,747 63,523 52,514 43,208 32,216 28,077 21,777 16,073 12,549 8,713 8,002 5,723 5,205 3,193 2,251 2,168 2,096 $0 0 0 342,896 646,742 580,717 529,411 385,054 101,340 83,253 59,450 49,052 36,077 26,186 22,840 19,371 13,403 9,739 8,853 6,753 5,929 4,998 4,480 4,168 3,263 3,174 3,093 3,017 2,945 2,877 2,811 2,751 2,695 2,641 2,589 Total (16) $0 0 0 1,164,488 2,232,984 2,038,597 1,862,703 2,172,795 1,132,481 995,488 878,466 760,768 663,798 570,638 493,557 429,664 362,535 323,354 271,428 230,552 205,059 175,218 146,794 121,033 95,292 78,612 61,794 49,496 39,318 32,447 26,246 16,679 12,270 11,107 10,829 Exhibit 27.2 West Virginia Department of Environmental Protection Office of Special Reclamation Estimated Reclamation Expenditures Land - Surface, for Forfeitures Occurring after June 30, 2017 June 30, 2017 Fiscal Year Ending 6/30 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 Footnotes: (1) - (3) (4) (5) - (7) (8) Active (1) $886,665 890,931 872,624 830,296 797,240 745,262 712,396 676,055 638,888 599,571 563,435 532,479 497,958 449,917 418,401 387,555 363,486 333,107 306,787 255,053 224,276 198,237 170,040 148,068 120,384 103,462 93,374 78,057 50,899 31,531 18,209 7,090 1,888 1,787 1,708 Gross Liability Inactive Phase Released (2) (3) $150,922 141,410 134,729 124,851 114,623 109,128 103,728 97,799 90,054 85,006 71,949 59,393 51,772 42,763 40,499 38,207 35,924 29,089 25,148 20,603 16,920 15,334 13,177 9,617 9,095 7,858 6,138 2,138 1,281 407 390 373 357 342 328 $896,775 806,863 744,033 684,541 610,250 529,306 483,761 427,444 381,086 345,320 309,640 273,997 228,464 183,620 160,889 145,938 125,501 100,353 87,689 69,471 47,447 42,470 30,325 24,008 16,640 11,637 8,752 6,210 4,069 3,202 2,807 2,301 2,207 2,118 2,032 Total (4) $1,934,363 1,839,204 1,751,387 1,639,688 1,522,113 1,383,696 1,299,886 1,201,298 1,110,028 1,029,897 945,024 865,868 778,195 676,300 619,789 571,701 524,910 462,549 419,624 345,128 288,643 256,041 213,542 181,693 146,119 122,957 108,264 86,406 56,249 35,140 21,406 9,764 4,453 4,247 4,069 Exhibit 28.1 Col (15), Exhibit 28.1 Col (30), Exhibit 28.1 Col (45), etc. Col (1) + Col (2) + Col (3) Col (1), Col (2), and Col (3) delayed three years Col (5) + Col (6) + Col (7) Active (5) $0 0 0 443,333 888,798 881,778 851,460 1,212,388 745,262 712,396 676,055 638,888 599,571 563,435 532,479 497,958 449,917 418,401 387,555 363,486 333,107 306,787 255,053 224,276 198,237 170,040 148,068 120,384 103,462 93,374 78,057 50,899 31,531 18,209 7,090 Gross Liability - Three Year Delay Inactive Phase Released (6) (7) $0 0 0 75,461 146,166 138,069 129,790 177,048 109,128 103,728 97,799 90,054 85,006 71,949 59,393 51,772 42,763 40,499 38,207 35,924 29,089 25,148 20,603 16,920 15,334 13,177 9,617 9,095 7,858 6,138 2,138 1,281 407 390 373 $0 0 0 448,388 851,819 775,448 714,287 952,521 529,306 483,761 427,444 381,086 345,320 309,640 273,997 228,464 183,620 160,889 145,938 125,501 100,353 87,689 69,471 47,447 42,470 30,325 24,008 16,640 11,637 8,752 6,210 4,069 3,202 2,807 2,301 Total (8) $0 0 0 967,181 1,886,784 1,795,295 1,695,537 2,341,957 1,383,696 1,299,886 1,201,298 1,110,028 1,029,897 945,024 865,868 778,195 676,300 619,789 571,701 524,910 462,549 419,624 345,128 288,643 256,041 213,542 181,693 146,119 122,957 108,264 86,406 56,249 35,140 21,406 9,764 Active (9) Net Liability Inactive Phase Released (10) (11) $16,980 16,135 9,069 4,535 2,249 1,767 1,307 905 73 63 54 45 38 33 29 24 21 18 15 13 10 8 5 4 3 2 1 0 0 0 0 0 0 0 0 Footnotes: (9) - (11) (12) (13) - (15) (16) $8,995 7,991 7,046 6,153 3,970 3,289 2,645 2,036 238 118 85 76 68 61 55 48 42 37 31 26 21 16 12 7 3 0 0 0 0 0 0 0 0 0 0 $52,949 36,296 31,849 20,350 17,347 354 295 251 214 179 147 116 92 82 73 64 58 55 52 49 46 44 41 39 37 34 32 30 28 26 25 23 21 20 18 Total (12) $78,924 60,423 47,964 31,039 23,566 5,410 4,247 3,192 525 361 285 237 198 177 156 136 122 110 99 88 78 68 58 50 43 36 33 31 28 26 25 23 21 20 18 Active (13) $0 0 0 8,490 16,558 12,602 6,802 4,517 1,767 1,307 905 73 63 54 45 38 33 29 24 21 18 15 13 10 8 5 4 3 2 1 0 0 0 0 0 Exhibit 28.1 Col (18), Exhibit 28.1 Col (33), Exhibit 28.1 Col (48), etc. Col (9) + Col (10) + Col (11) Col (9), Col (10), and Col (11) delayed three years Col (13) + Col (14) + Col (15) Pinnacle Actuarial Resources, Inc. Net Liability - Three Year Delay Inactive Phase Released (14) (15) $0 0 0 4,497 8,493 7,519 6,600 7,047 3,289 2,645 2,036 238 118 85 76 68 61 55 48 42 37 31 26 21 16 12 7 3 0 0 0 0 0 0 0 $0 0 0 26,474 44,622 34,073 26,100 27,522 354 295 251 214 179 147 116 92 82 73 64 58 55 52 49 46 44 41 39 37 34 32 30 28 26 25 23 Total (16) $0 0 0 39,462 69,673 54,193 39,501 39,086 5,410 4,247 3,192 525 361 285 237 198 177 156 136 122 110 99 88 78 68 58 50 43 36 33 31 28 26 25 23 Exhibit 27.3 West Virginia Department of Environmental Protection Office of Special Reclamation Estimated Reclamation Expenditures Land - Underground, for Forfeitures Occurring after June 30, 2017 June 30, 2017 Fiscal Year Ending 6/30 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 Footnotes: (1) - (3) (4) (5) - (7) (8) Active (1) $938,732 918,078 861,762 806,368 726,841 660,122 597,406 553,210 511,538 468,149 419,641 387,549 348,168 317,037 293,802 253,396 222,239 171,076 148,127 128,098 100,848 82,213 74,498 58,635 51,573 40,413 20,251 11,932 5,378 3,990 3,059 2,930 2,807 2,691 2,579 Gross Liability Inactive Phase Released (2) (3) $626,944 568,890 523,812 486,790 453,558 427,249 372,968 337,104 287,374 262,311 218,424 173,672 151,981 133,403 124,543 98,559 83,987 68,954 60,203 41,688 36,416 26,069 16,283 11,342 4,484 3,335 2,683 2,159 2,068 1,982 1,899 1,821 1,746 1,675 1,607 $736,861 673,242 620,505 581,287 204,699 187,581 163,207 124,450 100,515 85,579 67,513 59,625 51,052 32,323 24,999 17,449 15,716 12,917 10,918 10,004 7,404 5,663 5,384 4,562 3,068 2,944 2,825 2,711 2,601 2,497 2,396 2,300 2,208 2,119 2,034 Total (4) $2,302,537 2,160,211 2,006,080 1,874,445 1,385,098 1,274,952 1,133,582 1,014,764 899,427 816,039 705,578 620,846 551,200 482,763 443,344 369,405 321,941 252,947 219,248 179,790 144,668 113,945 96,165 74,538 59,125 46,692 25,758 16,803 10,048 8,468 7,355 7,051 6,761 6,484 6,220 Exhibit 28.2 Col (15), Exhibit 28.2 Col (30), Exhibit 28.2 Col (45), etc. Col (1) + Col (2) + Col (3) Col (1), Col (2), and Col (3) delayed three years Col (5) + Col (6) + Col (7) Active (5) $0 0 0 469,366 928,405 889,920 834,065 1,130,025 660,122 597,406 553,210 511,538 468,149 419,641 387,549 348,168 317,037 293,802 253,396 222,239 171,076 148,127 128,098 100,848 82,213 74,498 58,635 51,573 40,413 20,251 11,932 5,378 3,990 3,059 2,930 Gross Liability - Three Year Delay Inactive Phase Released (6) (7) $0 0 0 313,472 597,917 546,351 505,301 696,953 427,249 372,968 337,104 287,374 262,311 218,424 173,672 151,981 133,403 124,543 98,559 83,987 68,954 60,203 41,688 36,416 26,069 16,283 11,342 4,484 3,335 2,683 2,159 2,068 1,982 1,899 1,821 $0 0 0 368,431 705,052 646,874 600,896 495,343 187,581 163,207 124,450 100,515 85,579 67,513 59,625 51,052 32,323 24,999 17,449 15,716 12,917 10,918 10,004 7,404 5,663 5,384 4,562 3,068 2,944 2,825 2,711 2,601 2,497 2,396 2,300 Total (8) $0 0 0 1,151,269 2,231,374 2,083,145 1,940,262 2,322,321 1,274,952 1,133,582 1,014,764 899,427 816,039 705,578 620,846 551,200 482,763 443,344 369,405 321,941 252,947 219,248 179,790 144,668 113,945 96,165 74,538 59,125 46,692 25,758 16,803 10,048 8,468 7,355 7,051 Active (9) $654,252 629,721 577,059 527,121 467,594 415,405 363,345 324,521 289,062 255,670 229,383 205,699 177,644 155,097 138,071 113,994 98,164 88,829 73,136 60,593 44,521 33,330 27,850 19,383 15,070 9,563 6,129 3,277 1,186 675 302 216 140 92 64 Footnotes: (9) - (11) (12) (13) - (15) (16) Net Liability Inactive Phase Released (10) (11) $480,531 438,611 398,965 368,780 338,303 313,654 270,313 239,821 200,139 179,401 148,097 114,501 98,140 84,579 76,759 57,885 47,810 37,738 31,400 21,601 17,963 12,144 7,550 4,877 1,521 1,109 768 555 470 389 314 250 195 148 111 $609,553 555,593 509,265 473,646 105,103 91,803 75,388 52,923 42,955 31,550 22,126 19,027 16,069 10,199 6,618 5,813 4,894 4,232 3,310 2,800 2,497 1,600 1,517 1,442 1,371 1,305 1,242 1,182 1,127 1,076 1,027 980 936 893 853 Total (12) $1,744,336 1,623,925 1,485,289 1,369,547 910,999 820,862 709,045 617,265 532,156 466,621 399,606 339,228 291,853 249,874 221,449 177,692 150,868 130,799 107,847 84,994 64,980 47,075 36,917 25,702 17,963 11,977 8,139 5,015 2,784 2,140 1,643 1,447 1,271 1,133 1,028 Active (13) $0 0 0 327,126 641,986 603,390 552,090 731,154 415,405 363,345 324,521 289,062 255,670 229,383 205,699 177,644 155,097 138,071 113,994 98,164 88,829 73,136 60,593 44,521 33,330 27,850 19,383 15,070 9,563 6,129 3,277 1,186 675 302 216 Exhibit 28.2 Col (18), Exhibit 28.2 Col (33), Exhibit 28.2 Col (48), etc. Col (9) + Col (10) + Col (11) Col (9), Col (10), and Col (11) delayed three years Col (13) + Col (14) + Col (15) Pinnacle Actuarial Resources, Inc. Net Liability - Three Year Delay Inactive Phase Released (14) (15) $0 0 0 240,266 459,571 418,788 383,873 522,693 313,654 270,313 239,821 200,139 179,401 148,097 114,501 98,140 84,579 76,759 57,885 47,810 37,738 31,400 21,601 17,963 12,144 7,550 4,877 1,521 1,109 768 555 470 389 314 250 $0 0 0 304,776 582,573 532,429 491,455 341,926 91,803 75,388 52,923 42,955 31,550 22,126 19,027 16,069 10,199 6,618 5,813 4,894 4,232 3,310 2,800 2,497 1,600 1,517 1,442 1,371 1,305 1,242 1,182 1,127 1,076 1,027 980 Total (16) $0 0 0 872,168 1,684,130 1,554,607 1,427,418 1,595,773 820,862 709,045 617,265 532,156 466,621 399,606 339,228 291,853 249,874 221,449 177,692 150,868 130,799 107,847 84,994 64,980 47,075 36,917 25,702 17,963 11,977 8,139 5,015 2,784 2,140 1,643 1,447 Exhibit 27.4 West Virginia Department of Environmental Protection Office of Special Reclamation Estimated Reclamation Expenditures Land - Other, for Forfeitures Occurring after June 30, 2017 June 30, 2017 Fiscal Year Ending 6/30 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 Footnotes: (1) - (3) (4) (5) - (7) (8) Active (1) $526,809 482,839 446,122 430,882 403,314 373,540 358,088 338,855 310,666 276,108 250,881 226,248 207,564 176,574 161,109 153,659 139,424 133,909 124,411 106,766 97,138 86,392 77,392 70,157 60,184 53,694 44,069 40,527 29,042 17,694 16,559 13,346 11,919 10,627 10,606 Gross Liability Inactive Phase Released (2) (3) $184,551 170,904 154,820 148,469 132,786 116,544 105,782 99,929 88,100 69,628 57,127 49,689 41,128 36,678 35,392 30,359 26,229 23,389 19,709 18,313 17,783 17,274 15,532 12,913 12,367 12,054 9,510 8,203 4,920 3,766 3,757 3,749 3,742 3,736 3,731 $45,840 34,131 27,631 24,283 23,103 21,416 19,549 15,841 15,383 13,279 11,962 11,643 8,553 8,335 6,758 6,030 4,601 4,307 4,262 4,219 4,178 4,139 4,101 4,065 3,991 3,649 3,273 3,266 3,193 3,179 3,175 3,171 3,168 3,164 3,161 Total (4) $757,200 687,874 628,573 603,634 559,203 511,499 483,419 454,625 414,149 359,016 319,971 287,580 257,245 221,586 203,259 190,047 170,255 161,604 148,382 129,298 119,100 107,805 97,026 87,135 76,542 69,397 56,852 51,996 37,155 24,638 23,491 20,267 18,829 17,527 17,498 Exhibit 28.3 Col (15), Exhibit 28.3 Col (30), Exhibit 28.3 Col (45), etc. Col (1) + Col (2) + Col (3) Col (1), Col (2), and Col (3) delayed three years Col (5) + Col (6) + Col (7) Active (5) $0 0 0 263,405 504,824 464,480 438,502 618,756 373,540 358,088 338,855 310,666 276,108 250,881 226,248 207,564 176,574 161,109 153,659 139,424 133,909 124,411 106,766 97,138 86,392 77,392 70,157 60,184 53,694 44,069 40,527 29,042 17,694 16,559 13,346 Gross Liability - Three Year Delay Inactive Phase Released (6) (7) $0 0 0 92,276 177,728 162,862 151,645 207,020 116,544 105,782 99,929 88,100 69,628 57,127 49,689 41,128 36,678 35,392 30,359 26,229 23,389 19,709 18,313 17,783 17,274 15,532 12,913 12,367 12,054 9,510 8,203 4,920 3,766 3,757 3,749 $0 0 0 22,920 39,985 30,881 25,957 35,244 21,416 19,549 15,841 15,383 13,279 11,962 11,643 8,553 8,335 6,758 6,030 4,601 4,307 4,262 4,219 4,178 4,139 4,101 4,065 3,991 3,649 3,273 3,266 3,193 3,179 3,175 3,171 Total (8) $0 0 0 378,600 722,537 658,224 616,104 861,020 511,499 483,419 454,625 414,149 359,016 319,971 287,580 257,245 221,586 203,259 190,047 170,255 161,604 148,382 129,298 119,100 107,805 97,026 87,135 76,542 69,397 56,852 51,996 37,155 24,638 23,491 20,267 Active (9) $357,519 322,726 291,616 276,888 251,477 224,349 209,739 192,240 172,778 148,862 131,145 119,596 110,993 88,831 79,400 72,809 62,091 57,768 53,861 49,493 44,257 36,914 31,510 26,766 22,693 18,806 17,718 14,952 9,549 6,650 5,996 5,928 5,862 5,547 5,530 Footnotes: (9) - (11) (12) (13) - (15) (16) Net Liability Inactive Phase Released (10) (11) $124,907 114,116 102,703 96,649 84,085 72,677 64,888 59,493 49,428 43,606 35,688 30,800 23,410 20,531 19,301 17,814 15,671 14,740 11,776 10,589 10,093 9,616 8,511 7,665 7,189 6,893 4,955 4,649 2,723 1,862 1,854 1,846 1,840 1,834 1,830 $23,291 15,801 12,631 11,082 10,065 9,182 7,570 6,276 5,882 4,348 3,914 3,697 3,209 3,122 3,048 2,977 1,800 1,642 1,636 1,630 1,625 1,619 1,615 1,612 1,609 1,605 1,602 1,599 1,596 1,592 1,589 1,586 1,583 1,579 1,576 Total (12) $505,717 452,644 406,949 384,619 345,627 306,209 282,196 258,009 228,088 196,816 170,747 154,093 137,613 112,484 101,749 93,600 79,562 74,150 67,273 61,712 55,975 48,150 41,636 36,043 31,490 27,305 24,275 21,200 13,868 10,104 9,439 9,360 9,285 8,960 8,935 Active (13) $0 0 0 178,759 340,122 307,171 284,252 389,921 224,349 209,739 192,240 172,778 148,862 131,145 119,596 110,993 88,831 79,400 72,809 62,091 57,768 53,861 49,493 44,257 36,914 31,510 26,766 22,693 18,806 17,718 14,952 9,549 6,650 5,996 5,928 Exhibit 28.3 Col (18), Exhibit 28.3 Col (33), Exhibit 28.3 Col (48), etc. Col (9) + Col (10) + Col (11) Col (9), Col (10), and Col (11) delayed three years Col (13) + Col (14) + Col (15) Pinnacle Actuarial Resources, Inc. Net Liability - Three Year Delay Inactive Phase Released (14) (15) $0 0 0 62,454 119,512 108,410 99,676 132,409 72,677 64,888 59,493 49,428 43,606 35,688 30,800 23,410 20,531 19,301 17,814 15,671 14,740 11,776 10,589 10,093 9,616 8,511 7,665 7,189 6,893 4,955 4,649 2,723 1,862 1,854 1,846 $0 0 0 11,646 19,546 14,216 11,856 15,606 9,182 7,570 6,276 5,882 4,348 3,914 3,697 3,209 3,122 3,048 2,977 1,800 1,642 1,636 1,630 1,625 1,619 1,615 1,612 1,609 1,605 1,602 1,599 1,596 1,592 1,589 1,586 Total (16) $0 0 0 252,859 479,180 429,796 395,784 537,936 306,209 282,196 258,009 228,088 196,816 170,747 154,093 137,613 112,484 101,749 93,600 79,562 74,150 67,273 61,712 55,975 48,150 41,636 36,043 31,490 27,305 24,275 21,200 13,868 10,104 9,439 9,360 Exhibit 28.1 West Virginia Department of Environmental Protection Office of Special Reclamation Reclamation Expenditures Calculation Land, for Forfeitures Occurring after June 30, 2017 Surface June 30, 2017 As of Fiscal Year End 2018 Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Mine Status (3) Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Current Bonded Acres (5) Permit Count (4) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 2 0 2 2 1 2 1 6 0 1 1 1 2 0 2 7 2 3 2 7 2 11 5 7 4 8 10 7 6 10 26 15 16 10 11 1 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 475.23 70.00 180.00 0.00 2.50 1,666.76 0.00 666.47 904.60 1,194.95 299.96 336.46 1,373.36 0.00 96.43 726.00 342.25 176.19 0.00 981.28 3,594.61 1,204.44 1,868.36 620.83 1,884.74 1,137.84 5,838.52 1,967.21 2,555.92 2,705.22 2,737.05 3,284.20 2,376.88 523.42 1,617.17 4,551.37 2,918.41 2,617.01 1,826.09 788.61 2.00 197 56,112.34 Forfeiture Rate (6) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% 0.000% 0.000% Adjustment Factor Permit Bond Size (7) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.25 1.00 1.00 0.00 1.25 0.25 0.00 0.47 0.36 0.25 1.07 0.25 0.58 0.00 1.00 0.25 0.25 1.07 0.00 0.25 0.36 0.25 0.25 0.25 0.35 0.25 0.47 0.70 0.43 0.62 0.48 0.69 0.48 1.09 0.77 0.60 0.71 0.53 0.70 0.80 1.25 Release Rate (8) 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% 0.000% 0.000% Forfeited Permit Count (9) Released Permit Count (10) Forfeited Acres (11) Released Acres (12) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.01 0.02 0.01 0.06 0.00 0.01 0.01 0.01 0.02 0.00 0.02 0.08 0.02 0.03 0.02 0.08 0.02 0.12 0.06 0.08 0.04 0.09 0.11 0.08 0.07 0.11 0.29 0.17 0.18 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.05 0.05 0.05 0.00 0.05 0.10 0.00 0.10 0.10 0.05 0.10 0.05 0.30 0.00 0.05 0.05 0.05 0.10 0.00 0.10 0.35 0.10 0.12 0.08 0.28 0.08 0.44 0.20 0.28 0.16 0.32 0.40 0.04 0.03 0.05 0.13 0.08 0.08 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.01 0.02 0.00 0.00 0.04 0.00 0.03 3.24 2.99 3.20 0.84 7.95 0.00 0.96 1.82 0.86 1.89 0.00 2.70 14.24 3.31 5.14 1.71 7.24 3.13 30.29 15.19 12.09 18.52 14.37 24.85 12.43 6.27 13.79 29.97 22.78 15.22 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 23.76 3.50 9.00 0.00 0.13 83.34 0.00 33.32 45.23 59.75 15.00 16.82 68.67 0.00 4.82 36.30 17.11 8.81 0.00 49.06 179.73 60.22 74.73 24.83 75.39 45.51 233.54 78.69 102.24 108.21 109.48 131.37 11.88 2.62 8.09 22.76 14.59 13.09 0.00 0.00 0.00 1.82 4.56 277.08 1,771.59 Avg Recl Cost per Acre (13) $3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 Adjustment Factor Permit Status (14) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (15) Current Security Amount (16) Forfeited Security Amount (17) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 38.02 22.40 57.60 0.00 1.00 133.34 0.00 99.40 10,356.80 9,559.60 10,254.40 2,691.68 25,443.86 0.00 3,085.76 5,808.00 2,738.00 6,046.08 0.00 8,635.26 45,565.15 10,599.07 16,441.57 5,463.30 23,167.50 10,012.99 96,921.95 48,610.54 38,686.26 59,248.10 45,978.98 79,523.37 39,781.34 20,057.10 44,115.51 95,914.30 72,908.20 48,698.87 0.00 0.00 0.00 $0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 799,744 120,400 180,000 0 10,000 4,947,160 0 2,535,800 2,889,000 1,354,080 530,560 1,685,000 4,203,880 0 271,000 2,613,600 891,800 395,959 0 4,298,080 14,434,240 5,532,160 6,737,540 2,431,240 8,726,000 5,117,000 28,842,122 8,507,150 13,200,728 12,197,994 9,196,320 16,366,638 8,297,960 2,158,880 4,901,380 17,603,680 10,927,440 8,464,480 5,557,360 2,506,439 10,000 $0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 20 12 18 0 1 124 0 118 10,336 3,385 5,668 4,213 24,339 0 2,710 6,534 2,230 4,246 0 11,820 57,177 15,213 18,528 6,686 33,519 14,072 149,622 65,692 62,439 83,485 48,277 123,844 43,400 25,852 41,783 115,930 85,310 49,223 0 0 0 $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 18.02 10.36 39.60 0.00 0.00 9.66 0.00 0.00 20.47 6,174.40 4,586.38 0.00 1,105.07 0.00 375.76 0.00 508.50 1,799.96 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2,332.09 0.00 0.00 0.00 0.00 0.00 0.00 886,665.33 219,442,814 1,115,827 16,980.27 Net Cost (18) Pinnacle Actuarial Resources, Inc. Page 1 Exhibit 28.1 West Virginia Department of Environmental Protection Office of Special Reclamation Reclamation Expenditures Calculation Land, for Forfeitures Occurring after June 30, 2017 Surface June 30, 2017 As of Fiscal Year End 2018 Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Mine Status (3) Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Current Bonded Acres (5) Permit Count (4) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3 0 0 0 0 1 0 0 0 1 0 2 1 0 0 0 1 0 2 3 1 2 0 0 0 3 1 3 1 1 3 3 0 1 2 5 2 1 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1,561.15 0.00 0.00 0.00 0.00 4.47 0.00 0.00 0.00 224.46 0.00 322.57 176.00 0.00 0.00 0.00 127.07 0.00 1,792.68 2,009.28 1,055.30 1,493.18 0.00 0.00 0.00 1,161.29 715.52 1,020.28 898.15 244.34 314.48 727.30 0.00 311.89 546.43 793.78 99.70 351.00 0.00 0.00 0.00 0.00 43 15,950.32 Forfeiture Rate (6) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% 0.000% 0.000% Adjustment Factor Permit Bond Size (7) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.48 0.00 0.00 0.00 0.00 1.00 0.00 0.00 0.00 0.25 0.00 0.36 1.00 0.00 0.00 0.00 1.00 0.00 0.25 0.25 0.25 0.25 0.00 0.00 0.00 0.28 0.25 0.25 0.25 0.25 0.42 0.41 0.00 0.25 0.25 0.54 1.02 0.25 0.00 0.00 0.00 0.00 Release Rate (8) 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% 0.000% 0.000% Forfeited Permit Count (9) Released Permit Count (10) Forfeited Acres (11) Released Acres (12) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.02 0.01 0.00 0.00 0.00 0.01 0.00 0.02 0.03 0.01 0.02 0.00 0.00 0.00 0.03 0.01 0.03 0.01 0.01 0.03 0.03 0.00 0.01 0.02 0.06 0.02 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.15 0.00 0.00 0.00 0.00 0.05 0.00 0.00 0.00 0.05 0.00 0.10 0.05 0.00 0.00 0.00 0.05 0.00 0.10 0.15 0.05 0.10 0.00 0.00 0.00 0.12 0.04 0.12 0.04 0.04 0.12 0.12 0.00 0.01 0.01 0.03 0.01 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.08 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.56 0.00 1.15 1.76 0.00 0.00 0.00 1.27 0.00 4.48 5.53 2.90 4.11 0.00 0.00 0.00 3.60 1.97 2.81 2.47 0.67 1.45 3.24 0.00 0.86 1.50 4.68 1.11 0.97 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 78.06 0.00 0.00 0.00 0.00 0.22 0.00 0.00 0.00 11.22 0.00 16.13 8.80 0.00 0.00 0.00 6.35 0.00 89.63 100.46 52.77 74.66 0.00 0.00 0.00 46.45 28.62 40.81 35.93 9.77 12.58 29.09 0.00 1.56 2.73 3.97 0.50 1.76 0.00 0.00 0.00 0.00 0.42 1.51 47.16 652.08 Avg Recl Cost per Acre (13) $3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 Adjustment Factor Permit Status (14) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (15) Current Security Amount (16) Forfeited Security Amount (17) Net Cost (18) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 241.19 0.00 0.00 0.00 0.00 1.43 0.00 0.00 0.00 1,795.68 0.00 3,693.18 5,632.00 0.00 0.00 0.00 4,066.24 0.00 14,341.44 17,681.66 9,286.64 13,139.98 0.00 0.00 0.00 11,520.88 6,296.58 8,978.46 7,903.72 2,150.19 4,631.90 10,383.28 0.00 2,744.63 4,808.58 14,969.71 3,566.29 3,088.80 0.00 0.00 0.00 0.00 $0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,790,560 0 0 0 0 155,000 0 0 0 795,520 0 1,338,320 316,800 0 0 0 128,000 0 8,564,000 7,666,574 4,470,800 7,060,280 0 0 0 6,088,240 3,935,800 4,557,180 4,993,320 863,040 1,313,320 1,690,869 0 1,042,480 2,750,000 3,249,565 251,920 1,755,000 0 0 0 0 $0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 86 0 0 0 0 16 0 0 0 1,989 0 4,788 3,168 0 0 0 1,280 0 21,410 21,083 12,295 19,416 0 0 0 18,875 10,823 12,532 13,732 2,373 6,045 7,544 0 2,867 7,563 19,151 2,816 4,826 0 0 0 0 $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 154.74 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2,464.00 0.00 0.00 0.00 2,786.24 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2,839.64 0.00 0.00 0.00 0.00 750.28 0.00 0.00 0.00 0.00 0.00 150,922.49 64,776,587 194,677 8,994.91 Pinnacle Actuarial Resources, Inc. Page 2 Exhibit 28.1 West Virginia Department of Environmental Protection Office of Special Reclamation Reclamation Expenditures Calculation Land, for Forfeitures Occurring after June 30, 2017 Surface June 30, 2017 As of Fiscal Year End 2018 Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Mine Status (3) Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Current Bonded Acres (5) Permit Count (4) 0 0 0 0 0 0 0 0 0 0 0 1 1 1 2 7 2 4 3 11 12 7 6 3 11 10 6 16 16 7 11 12 10 9 17 19 22 8 6 9 20 9 15 19 5 19 10 13 10 8 5 5 3 1 1 0 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 400.00 9.60 180.00 155.30 1,239.23 748.81 2,262.16 925.40 1,910.37 3,119.22 1,607.89 2,074.52 1,413.45 4,476.37 2,508.01 1,593.69 5,471.56 4,659.87 1,957.79 5,668.21 5,677.52 3,583.11 4,244.57 5,074.70 12,050.18 9,485.73 5,637.42 1,559.47 6,526.00 8,126.32 2,179.48 7,397.89 7,695.07 989.62 5,319.77 2,026.81 2,478.99 1,930.25 561.34 1,006.96 571.14 392.33 220.00 107.23 0.00 0.00 392 137,223.35 Forfeiture Rate (6) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% 0.000% 0.000% Adjustment Factor Permit Bond Size (7) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.25 1.25 1.25 1.25 0.93 0.46 0.55 0.67 0.69 0.52 0.87 0.54 0.38 0.66 0.50 0.78 0.54 0.89 0.75 0.46 0.40 0.39 0.37 0.43 0.29 0.44 0.28 0.52 0.27 0.34 0.53 0.31 0.43 0.45 0.36 0.49 0.55 0.47 1.08 0.47 0.82 0.39 0.25 1.00 0.00 0.00 Release Rate (8) 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% 0.000% 0.000% Forfeited Permit Count (9) Released Permit Count (10) Forfeited Acres (11) Released Acres (12) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.11 0.10 0.06 0.16 0.16 0.07 0.11 0.12 0.10 0.09 0.19 0.21 0.24 0.09 0.07 0.10 0.22 0.10 0.17 0.21 0.06 0.21 0.11 0.14 0.11 0.09 0.06 0.06 0.03 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.04 0.04 0.04 0.08 0.35 0.10 0.20 0.15 0.55 0.60 0.35 0.30 0.15 0.55 0.50 0.30 0.80 0.80 0.35 0.55 0.60 0.50 0.45 0.85 0.95 1.10 0.40 0.24 0.36 0.80 0.36 0.60 0.76 0.20 0.76 0.40 0.52 0.05 0.04 0.03 0.03 0.02 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.05 0.00 0.02 0.02 0.12 0.03 0.12 0.06 0.13 0.16 0.14 0.11 0.05 29.55 12.50 12.44 29.62 41.59 14.64 26.17 22.49 13.93 15.59 24.10 38.92 45.65 17.48 8.90 19.62 30.84 12.79 24.82 36.39 4.87 21.20 10.85 15.04 10.08 6.70 5.24 5.16 1.69 0.61 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 16.00 0.38 7.20 6.21 61.96 37.44 113.11 46.27 95.52 155.96 80.39 103.73 70.67 223.82 125.40 79.68 273.58 232.99 97.89 283.41 283.88 179.16 212.23 253.74 602.51 474.29 281.87 62.38 261.04 325.05 87.18 295.92 307.80 39.58 212.79 81.07 99.16 9.65 2.81 5.03 2.86 1.96 1.10 0.00 0.00 0.00 3.54 16.81 560.48 6,194.67 Avg Recl Cost per Acre (13) $3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 Adjustment Factor Permit Status (14) 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 Gross Cost (15) Current Security Amount (16) Forfeited Security Amount (17) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 80.00 1.92 36.00 31.06 185.32 55.36 197.92 99.42 210.16 261.65 223.41 179.86 86.77 47,279.28 20,005.16 19,904.82 47,390.01 66,541.24 23,425.73 41,874.44 35,977.16 22,290.19 24,948.60 38,554.10 62,275.27 73,047.09 27,964.21 14,242.10 31,389.55 49,342.15 20,459.66 39,718.92 58,229.98 7,793.72 33,917.59 17,358.11 24,057.27 16,124.52 10,712.43 8,380.90 8,253.28 2,700.76 968.00 0.00 0.00 0.00 $0 0 0 0 0 0 0 0 0 0 0 32,250 26,250 72,000 43,350 1,467,250 1,631,200 3,021,080 1,584,880 4,796,740 5,515,370 2,167,202 2,866,272 1,059,928 5,340,432 6,428,324 1,212,000 10,952,112 4,076,022 3,874,968 21,265,071 16,643,168 7,692,078 16,290,828 13,916,908 47,379,396 30,094,606 16,312,288 6,408,120 28,671,164 32,512,014 8,589,372 31,424,292 28,967,547 2,186,860 21,492,570 6,184,694 8,800,788 6,868,660 1,023,608 2,427,200 1,472,120 909,200 765,600 216,000 0 0 $0 0 0 0 0 0 0 0 0 0 0 4 3 9 5 137 75 165 106 330 289 188 155 41 35,253 32,047 9,461 59,286 36,378 28,978 98,186 65,915 29,907 59,846 66,082 153,035 144,844 50,573 36,577 86,191 123,381 50,395 105,447 137,002 10,764 85,645 33,105 53,379 35,861 12,209 12,626 13,296 3,912 2,105 0 0 0 $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 75.97 0.00 27.00 25.64 48.18 0.00 32.72 0.00 0.00 0.00 35.21 24.54 46.10 12,025.86 0.00 10,443.82 0.00 30,163.67 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 896,775.07 414,681,782 1,673,196 52,948.72 Net Cost (18) Pinnacle Actuarial Resources, Inc. Page 3 Exhibit 28.1 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of SpecialProtection Reclamation Office of Special Reclamation Reclamation ExpendituresReclamation Calculation Expenditures Calculation Land, for Forfeitures Occurring Land, after for Forfeitures June 30, 2017 Occurring after June 30, 2017 Surface Surface June 30, 2017 June 30, 2017 As of Fiscal Year End 2019 Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Mine Status (3) Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Adjusted Permit Count (19) Adjusted Acres (20) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.95 0.95 0.95 0.00 0.95 1.90 0.00 1.90 1.88 0.94 1.88 0.94 5.64 0.00 0.94 0.94 0.94 1.88 0.00 1.88 6.57 1.88 2.85 1.90 6.64 1.90 10.44 4.75 6.64 3.80 7.59 9.49 6.89 5.90 9.84 25.58 14.76 15.74 10.00 11.00 1.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 451.46 66.49 170.98 0.00 2.37 1,583.38 0.00 633.12 856.13 1,132.22 281.76 318.80 1,296.74 0.00 90.64 687.89 324.28 165.49 0.00 929.52 3,400.64 1,140.91 1,788.49 594.29 1,802.11 1,089.20 5,574.69 1,873.33 2,441.59 2,578.50 2,613.20 3,127.98 2,352.56 514.54 1,595.30 4,498.64 2,881.03 2,588.71 1,826.09 788.61 2.00 190.62 54,063.67 Forfeiture Rate (21) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% 0.000% Adjustment Factor Permit Bond Size (22) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.25 1.00 1.00 0.00 1.25 0.25 0.00 0.47 0.36 0.25 1.07 0.25 0.58 0.00 1.00 0.25 0.25 1.07 0.00 0.25 0.36 0.25 0.25 0.25 0.35 0.25 0.47 0.70 0.43 0.62 0.48 0.69 0.48 1.09 0.77 0.60 0.71 0.53 0.70 0.80 1.25 Release Rate (23) 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% 0.000% Forfeited Permit Count (24) Released Permit Count (25) Forfeited Acres (26) Released Acres (27) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.02 0.01 0.06 0.00 0.01 0.01 0.01 0.02 0.00 0.02 0.07 0.02 0.03 0.02 0.07 0.02 0.11 0.05 0.07 0.04 0.08 0.10 0.08 0.06 0.11 0.28 0.16 0.17 0.11 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.05 0.05 0.05 0.00 0.05 0.09 0.00 0.09 0.09 0.05 0.09 0.05 0.28 0.00 0.05 0.05 0.05 0.09 0.00 0.09 0.33 0.09 0.14 0.08 0.27 0.08 0.42 0.19 0.27 0.15 0.30 0.38 0.28 0.03 0.05 0.13 0.07 0.08 0.05 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.01 0.02 0.00 0.00 0.04 0.00 0.03 0.03 2.83 3.01 0.80 7.51 0.00 0.91 1.72 0.81 1.77 0.00 2.56 13.47 3.14 4.92 1.63 6.92 3.00 28.92 14.47 11.55 17.65 13.72 23.67 12.30 6.16 13.60 29.63 22.49 15.05 14.08 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 22.57 3.32 8.55 0.00 0.12 79.17 0.00 31.66 42.81 56.61 14.09 15.94 64.84 0.00 4.53 34.39 16.21 8.27 0.00 46.48 170.03 57.05 89.42 23.77 72.08 43.57 222.99 74.93 97.66 103.14 104.53 125.12 94.10 2.57 7.98 22.49 14.41 12.94 9.13 0.00 0.00 1.85 4.65 278.42 1,797.48 Avg Recl Cost per Acre (28) $3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 Adjustment Factor Permit Status (29) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (30) Adjustment Current Security Amount (31) Forfeited Security Amount (32) Net Cost (33) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 36.12 21.28 54.71 0.00 0.95 126.67 0.00 94.42 98.02 9,057.72 9,632.13 2,550.37 24,024.36 0.00 2,900.61 5,503.08 2,594.26 5,678.94 0.00 8,179.75 43,106.40 10,039.97 15,738.69 5,229.75 22,151.81 9,584.94 92,542.28 46,290.75 36,955.82 56,472.68 43,898.45 75,740.69 39,374.37 19,716.64 43,518.85 94,803.08 71,974.47 48,172.18 45,065.83 0.00 0.00 $0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 799,724 120,388 179,982 0 9,999 4,947,036 0 2,535,682 2,878,664 1,350,695 524,892 1,680,788 4,179,541 0 268,290 2,607,066 889,571 391,713 0 4,286,260 14,377,063 5,516,947 6,719,012 2,424,554 8,692,481 5,102,928 28,692,500 8,441,458 13,138,289 12,114,509 9,148,043 16,242,794 8,254,560 2,133,028 4,859,597 17,487,750 10,842,130 8,415,257 5,557,360 2,506,439 10,000 $0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 20 12 18 0 1 124 0 118 103 3,377 5,607 4,202 24,198 0 2,683 6,518 2,224 4,201 0 11,787 56,951 15,172 18,477 6,668 33,390 14,033 148,846 65,185 62,144 82,914 48,024 122,907 43,173 25,543 41,427 115,166 84,644 48,936 42,859 0 0 $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 16.12 9.24 36.72 0.00 0.00 2.99 0.00 0.00 0.00 5,680.98 4,024.66 0.00 0.00 0.00 217.71 0.00 370.33 1,478.35 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2,091.63 0.00 0.00 0.00 2,206.66 0.00 0.00 890,931.05 218,326,986 1,141,651 16,135.40 Pinnacle Actuarial Resources, Inc. Page 4 Exhibit 28.1 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of SpecialProtection Reclamation Office of Special Reclamation Reclamation ExpendituresReclamation Calculation Expenditures Calculation Land, for Forfeitures Occurring Land, after for Forfeitures June 30, 2017 Occurring after June 30, 2017 Surface Surface June 30, 2017 June 30, 2017 As of Fiscal Year End 2019 Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Mine Status (3) Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Adjusted Permit Count (19) Adjusted Acres (20) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.85 0.00 0.00 0.00 0.00 0.95 0.00 0.00 0.00 0.94 0.00 1.88 0.94 0.00 0.00 0.00 0.94 0.00 1.88 2.82 0.94 1.88 0.00 0.00 0.00 2.85 0.95 2.85 0.95 0.95 2.85 2.85 0.00 0.98 1.97 4.92 1.97 0.98 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1,483.02 0.00 0.00 0.00 0.00 4.25 0.00 0.00 0.00 212.68 0.00 305.29 165.44 0.00 0.00 0.00 119.45 0.00 1,698.56 1,903.29 999.63 1,414.41 0.00 0.00 0.00 1,111.24 684.93 976.66 859.75 233.89 300.45 694.96 0.00 309.47 542.20 785.13 98.09 348.28 0.00 0.00 0.00 0.00 41.07 15,251.08 Forfeiture Rate (21) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% 0.000% Adjustment Factor Permit Bond Size (22) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.48 0.00 0.00 0.00 0.00 1.00 0.00 0.00 0.00 0.25 0.00 0.36 1.00 0.00 0.00 0.00 1.00 0.00 0.25 0.25 0.25 0.25 0.00 0.00 0.00 0.28 0.25 0.25 0.25 0.25 0.42 0.41 0.00 0.25 0.25 0.54 1.02 0.25 0.00 0.00 0.00 0.00 Release Rate (23) 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% 0.000% Forfeited Permit Count (24) Released Permit Count (25) Forfeited Acres (26) Released Acres (27) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.01 0.00 0.00 0.00 0.01 0.00 0.02 0.03 0.01 0.02 0.00 0.00 0.00 0.03 0.01 0.03 0.01 0.01 0.03 0.03 0.00 0.01 0.02 0.05 0.02 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.11 0.00 0.00 0.00 0.00 0.05 0.00 0.00 0.00 0.05 0.00 0.09 0.05 0.00 0.00 0.00 0.05 0.00 0.09 0.14 0.05 0.09 0.00 0.00 0.00 0.11 0.04 0.11 0.04 0.04 0.11 0.11 0.00 0.04 0.01 0.02 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.07 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 1.09 1.65 0.00 0.00 0.00 1.19 0.00 4.25 4.76 2.75 3.89 0.00 0.00 0.00 3.45 1.88 2.69 2.36 0.64 1.38 3.10 0.00 0.85 1.49 4.63 1.10 0.96 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 59.32 0.00 0.00 0.00 0.00 0.21 0.00 0.00 0.00 10.63 0.00 15.26 8.27 0.00 0.00 0.00 5.97 0.00 84.93 95.16 49.98 70.72 0.00 0.00 0.00 44.45 27.40 39.07 34.39 9.36 12.02 27.80 0.00 12.38 2.71 3.93 0.49 1.74 0.00 0.00 0.00 0.00 0.39 1.43 44.19 616.19 Avg Recl Cost per Acre (28) $3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 Adjustment Factor Permit Status (29) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (30) Adjustment Current Security Amount (31) Forfeited Security Amount (32) Net Cost (33) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 229.12 0.00 0.00 0.00 0.00 1.36 0.00 0.00 0.00 17.01 0.00 3,495.31 5,294.08 0.00 0.00 0.00 3,822.27 0.00 13,588.51 15,226.32 8,796.77 12,446.85 0.00 0.00 0.00 11,024.32 6,027.40 8,594.63 7,565.84 2,058.27 4,425.31 9,921.63 0.00 2,723.36 4,771.32 14,806.64 3,508.60 3,064.86 0.00 0.00 0.00 0.00 $0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,790,474 0 0 0 0 154,985 0 0 0 793,531 0 1,333,532 313,632 0 0 0 126,720 0 8,542,590 7,645,491 4,458,505 7,040,864 0 0 0 6,069,365 3,924,977 4,544,648 4,979,588 860,667 1,307,275 1,683,325 0 1,039,613 2,742,438 3,230,414 249,104 1,750,174 0 0 0 0 $0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 86 0 0 0 0 15 0 0 0 20 0 4,771 3,136 0 0 0 1,267 0 21,356 19,114 12,261 19,362 0 0 0 18,816 10,794 12,498 13,694 2,367 6,017 7,510 0 2,859 7,542 19,038 2,785 4,813 0 0 0 0 $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 142.68 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2,157.76 0.00 0.00 0.00 2,555.07 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2,411.64 0.00 0.00 0.00 0.00 724.06 0.00 0.00 0.00 0.00 0.00 141,409.79 64,581,910 190,122 7,991.21 Pinnacle Actuarial Resources, Inc. Page 5 Exhibit 28.1 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of SpecialProtection Reclamation Office of Special Reclamation Reclamation ExpendituresReclamation Calculation Expenditures Calculation Land, for Forfeitures Occurring Land, after for Forfeitures June 30, 2017 Occurring after June 30, 2017 Surface Surface June 30, 2017 June 30, 2017 As of Fiscal Year End 2019 Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Mine Status (3) Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Adjusted Permit Count (19) Adjusted Acres (20) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.96 0.96 0.96 1.92 6.65 1.90 3.80 2.85 10.45 11.40 6.65 5.70 2.85 10.34 9.40 5.64 15.04 15.04 6.58 10.34 11.28 9.40 8.46 15.96 17.84 20.66 7.51 5.69 8.54 18.98 8.54 14.24 18.03 4.75 18.03 9.49 12.34 9.84 7.87 4.92 4.92 2.95 0.98 1.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 383.95 9.21 172.78 149.07 1,177.15 711.33 2,148.93 879.07 1,814.72 2,963.10 1,527.36 1,970.68 1,342.72 4,223.00 2,370.11 1,501.56 5,168.36 4,385.29 1,845.26 5,358.63 5,371.16 3,390.02 4,016.75 4,796.87 11,408.75 8,965.79 5,338.07 1,488.19 6,245.34 7,770.43 2,079.51 7,077.15 7,350.87 945.16 5,085.78 1,934.89 2,364.79 1,910.52 551.84 996.69 563.13 388.68 218.30 107.23 0.00 0.00 371.65 130,468.19 Forfeiture Rate (21) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% 0.000% Adjustment Factor Permit Bond Size (22) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.25 1.25 1.25 1.25 0.93 0.46 0.55 0.67 0.69 0.52 0.87 0.54 0.38 0.66 0.50 0.78 0.54 0.89 0.75 0.46 0.40 0.39 0.37 0.43 0.29 0.44 0.28 0.52 0.27 0.34 0.53 0.31 0.43 0.45 0.36 0.49 0.55 0.47 1.08 0.47 0.82 0.39 0.25 1.00 0.00 0.00 Release Rate (23) 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% 0.000% Forfeited Permit Count (24) Released Permit Count (25) Forfeited Acres (26) Released Acres (27) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.09 0.06 0.15 0.15 0.07 0.10 0.11 0.09 0.08 0.16 0.20 0.23 0.08 0.06 0.09 0.21 0.09 0.16 0.20 0.05 0.20 0.10 0.14 0.11 0.09 0.05 0.05 0.03 0.01 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.04 0.04 0.04 0.08 0.27 0.09 0.19 0.14 0.52 0.57 0.33 0.28 0.14 0.52 0.47 0.28 0.75 0.75 0.33 0.52 0.56 0.47 0.42 0.80 0.89 1.03 0.38 0.28 0.34 0.76 0.34 0.57 0.72 0.19 0.72 0.38 0.49 0.39 0.04 0.02 0.02 0.01 0.00 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.05 0.00 0.02 0.02 0.11 0.03 0.12 0.06 0.12 0.16 0.13 0.11 0.05 0.28 11.82 11.72 27.98 39.14 13.80 24.74 21.27 13.18 14.76 20.71 36.85 43.15 16.55 8.49 18.77 29.49 12.20 23.75 34.77 4.65 20.27 10.36 14.34 9.97 6.58 5.18 5.09 1.67 0.60 1.18 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 15.36 0.37 6.91 5.96 47.09 35.57 107.45 43.95 90.74 148.15 76.37 98.53 67.14 211.15 118.51 75.08 258.42 219.26 92.26 267.93 268.56 169.50 200.84 239.84 570.44 448.29 266.90 74.41 249.81 310.82 83.18 283.09 294.03 37.81 203.43 77.40 94.59 76.42 2.76 4.98 2.82 1.94 1.09 0.54 0.00 0.00 3.25 16.22 504.29 5,949.68 Avg Recl Cost per Acre (28) $3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 Adjustment Factor Permit Status (29) 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 Gross Cost (30) Adjustment Current Security Amount (31) Forfeited Security Amount (32) Net Cost (33) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 76.79 1.84 34.56 29.81 176.04 52.59 188.01 94.44 199.64 248.55 212.22 170.86 82.42 446.03 18,905.17 18,754.20 44,763.98 62,620.31 22,079.26 39,587.37 34,035.82 21,089.02 23,609.52 33,130.30 58,960.36 69,043.16 26,479.30 13,591.12 30,039.60 47,181.21 19,521.24 37,996.88 55,625.38 7,443.61 32,425.73 16,570.87 22,949.07 15,959.71 10,531.09 8,295.40 8,137.47 2,675.63 960.50 1,887.25 0.00 0.00 $0 0 0 0 0 0 0 0 0 0 0 32,246 26,247 71,991 43,345 1,467,113 1,631,125 3,020,915 1,584,774 4,796,410 5,515,081 2,167,014 2,866,117 1,059,887 5,305,179 6,396,277 1,202,539 10,892,826 4,039,644 3,845,990 21,166,885 16,577,253 7,662,171 16,230,982 13,850,826 47,226,361 29,949,762 16,261,715 6,371,543 28,584,973 32,388,633 8,538,977 31,318,845 28,830,545 2,176,096 21,406,925 6,151,589 8,747,409 6,832,799 1,011,399 2,414,574 1,458,824 905,288 763,495 216,000 0 0 $0 0 0 0 0 0 0 0 0 0 0 4 3 9 5 137 75 165 106 330 289 188 155 41 350 31,887 9,387 58,965 36,053 28,762 97,733 65,654 29,791 59,626 59,789 152,541 144,147 50,416 36,368 85,932 122,913 50,099 105,093 136,354 10,711 85,303 32,927 53,056 35,674 12,063 12,560 13,175 3,895 2,100 2,376 0 0 $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 72.76 0.00 25.56 24.40 38.91 0.00 22.82 0.00 0.00 0.00 24.03 15.55 41.76 95.83 0.00 9,367.06 0.00 26,567.41 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 806,863.34 413,008,586 1,627,211 36,296.08 Pinnacle Actuarial Resources, Inc. Page 6 Exhibit 28.1 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of SpecialProtection Reclamation Office of Special Reclamation Reclamation ExpendituresReclamation Calculation Expenditures Calculation Land, for Forfeitures Occurring Land, after for Forfeitures June 30, 2017 Occurring after June 30, 2017 Surface Surface June 30, 2017 June 30, 2017 As of Fiscal Year End 2020 Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Mine Status (3) Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Adjusted Permit Count (34) Adjusted Acres (35) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.90 0.90 0.90 0.00 0.90 1.80 0.00 1.80 1.79 0.88 1.77 0.88 5.30 0.00 0.88 0.88 0.88 1.77 0.00 1.76 6.17 1.76 2.67 1.80 6.30 1.80 9.91 4.50 6.30 3.60 7.20 9.01 6.54 5.81 9.68 25.17 14.52 15.49 9.84 11.00 1.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 428.87 63.16 162.42 0.00 2.26 1,504.17 0.00 601.43 813.30 1,072.77 264.66 302.06 1,224.40 0.00 85.21 651.77 307.26 155.44 0.00 880.49 3,217.14 1,080.72 1,694.14 568.88 1,723.10 1,042.63 5,322.78 1,783.93 2,332.38 2,457.71 2,494.95 2,979.19 2,246.16 505.80 1,573.72 4,446.52 2,844.14 2,560.71 1,802.88 788.61 2.00 184.12 51,987.77 Forfeiture Rate (36) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% Adjustment Factor Permit Bond Size (37) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.25 1.00 1.00 0.00 1.25 0.25 0.00 0.47 0.36 0.25 1.07 0.25 0.58 0.00 1.00 0.25 0.25 1.07 0.00 0.25 0.36 0.25 0.25 0.25 0.35 0.25 0.47 0.70 0.43 0.62 0.48 0.69 0.48 1.09 0.77 0.60 0.71 0.53 0.70 0.80 1.25 Release Rate (38) 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% Forfeited Permit Count (39) Released Permit Count (40) Forfeited Acres (41) Released Acres (42) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.01 0.05 0.00 0.01 0.01 0.01 0.02 0.00 0.02 0.07 0.02 0.03 0.02 0.07 0.02 0.11 0.05 0.07 0.04 0.08 0.10 0.07 0.06 0.11 0.28 0.16 0.17 0.11 0.12 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.04 0.05 0.05 0.00 0.05 0.09 0.00 0.09 0.09 0.04 0.09 0.04 0.27 0.00 0.04 0.04 0.04 0.09 0.00 0.09 0.31 0.09 0.13 0.09 0.25 0.07 0.40 0.18 0.25 0.14 0.29 0.36 0.26 0.23 0.05 0.13 0.07 0.08 0.05 0.06 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.01 0.02 0.00 0.00 0.04 0.00 0.03 0.03 0.03 2.83 0.76 7.09 0.00 0.85 1.63 0.77 1.67 0.00 2.20 12.74 2.97 4.66 1.56 6.62 2.87 27.61 13.78 11.03 16.82 13.10 22.54 11.75 6.06 13.42 29.28 22.20 14.89 13.90 6.94 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 17.15 3.16 8.12 0.00 0.11 75.21 0.00 30.07 40.66 53.64 13.23 15.10 61.22 0.00 4.26 32.59 15.36 7.77 0.00 44.02 160.86 54.04 84.71 28.44 68.92 41.71 212.91 71.36 93.30 98.31 99.80 119.17 89.85 20.23 7.87 22.23 14.22 12.80 9.01 3.94 0.00 1.89 4.68 272.70 1,735.37 Avg Recl Cost per Acre (43) $3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 Adjustment Factor Permit Status (44) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (45) Adjustment Current Security Amount (46) Forfeited Security Amount (47) Net Cost (48) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 34.31 20.21 51.97 0.00 0.90 120.33 0.00 89.70 93.11 85.82 9,047.62 2,416.47 22,684.05 0.00 2,726.58 5,214.17 2,458.06 5,334.09 0.00 7,043.88 40,780.32 9,510.36 14,908.48 5,006.18 21,180.65 9,175.18 88,360.51 44,081.66 35,302.79 53,827.26 41,912.07 72,137.94 37,593.46 19,381.95 42,930.27 93,704.73 71,052.70 47,651.19 44,492.95 22,212.48 0.00 $0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 799,704 120,376 179,964 0 9,998 4,946,913 0 2,535,564 2,878,561 1,347,318 519,285 1,676,586 4,155,343 0 265,607 2,600,548 887,347 387,512 0 4,274,473 14,320,112 5,501,775 6,700,534 2,417,887 8,659,090 5,088,895 28,543,653 8,376,273 13,076,145 12,031,595 9,100,019 16,119,887 8,211,386 2,107,485 4,818,169 17,372,584 10,757,487 8,366,321 5,514,501 2,506,439 10,000 $0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 20 12 18 0 1 124 0 118 103 34 5,548 4,191 24,058 0 2,656 6,501 2,218 4,156 0 10,686 56,725 15,130 18,426 6,649 33,262 13,994 148,074 64,682 61,850 82,346 47,772 121,977 42,948 25,237 41,074 114,408 83,983 48,652 42,529 22,062 0 $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 14.32 8.17 33.98 0.00 0.00 0.00 0.00 0.00 0.00 52.14 3,500.06 0.00 0.00 0.00 70.51 0.00 239.69 1,178.55 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1,856.20 0.00 0.00 0.00 1,964.31 150.63 0.00 872,624.42 217,185,335 1,152,223 9,068.56 Pinnacle Actuarial Resources, Inc. Page 7 Exhibit 28.1 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of SpecialProtection Reclamation Office of Special Reclamation Reclamation ExpendituresReclamation Calculation Expenditures Calculation Land, for Forfeitures Occurring Land, after for Forfeitures June 30, 2017 Occurring after June 30, 2017 Surface Surface June 30, 2017 June 30, 2017 As of Fiscal Year End 2020 Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Mine Status (3) Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Adjusted Permit Count (34) Adjusted Acres (35) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.74 0.00 0.00 0.00 0.00 0.90 0.00 0.00 0.00 0.89 0.00 1.77 0.88 0.00 0.00 0.00 0.88 0.00 1.77 2.65 0.88 1.76 0.00 0.00 0.00 2.70 0.90 2.70 0.90 0.90 2.70 2.70 0.00 0.93 1.94 4.84 1.94 0.97 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1,423.62 0.00 0.00 0.00 0.00 4.03 0.00 0.00 0.00 202.04 0.00 288.93 155.51 0.00 0.00 0.00 112.28 0.00 1,609.39 1,803.37 946.90 1,339.80 0.00 0.00 0.00 1,063.34 655.65 934.91 823.00 223.90 287.05 664.06 0.00 296.24 537.99 776.58 96.50 345.58 0.00 0.00 0.00 0.00 39.25 14,590.70 Forfeiture Rate (36) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% Adjustment Factor Permit Bond Size (37) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.48 0.00 0.00 0.00 0.00 1.00 0.00 0.00 0.00 0.25 0.00 0.36 1.00 0.00 0.00 0.00 1.00 0.00 0.25 0.25 0.25 0.25 0.00 0.00 0.00 0.28 0.25 0.25 0.25 0.25 0.42 0.41 0.00 0.25 0.25 0.54 1.02 0.25 0.00 0.00 0.00 0.00 Release Rate (38) 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% Forfeited Permit Count (39) Released Permit Count (40) Forfeited Acres (41) Released Acres (42) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.01 0.00 0.00 0.00 0.01 0.00 0.02 0.03 0.01 0.02 0.00 0.00 0.00 0.03 0.01 0.03 0.01 0.01 0.03 0.03 0.00 0.01 0.02 0.05 0.02 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.11 0.00 0.00 0.00 0.00 0.05 0.00 0.00 0.00 0.04 0.00 0.09 0.04 0.00 0.00 0.00 0.04 0.00 0.09 0.13 0.04 0.09 0.00 0.00 0.00 0.11 0.04 0.11 0.04 0.04 0.11 0.11 0.00 0.04 0.08 0.02 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.07 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 1.03 1.56 0.00 0.00 0.00 1.12 0.00 4.02 4.51 2.37 3.68 0.00 0.00 0.00 3.30 1.80 2.57 2.26 0.62 1.32 2.96 0.00 0.81 1.48 4.58 1.08 0.95 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 56.94 0.00 0.00 0.00 0.00 0.20 0.00 0.00 0.00 10.10 0.00 14.45 7.78 0.00 0.00 0.00 5.61 0.00 80.47 90.17 47.35 66.99 0.00 0.00 0.00 42.53 26.23 37.40 32.92 8.96 11.48 26.56 0.00 11.85 21.52 3.88 0.48 1.73 0.00 0.00 0.00 0.00 0.37 1.42 42.10 605.60 Avg Recl Cost per Acre (43) $3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 Adjustment Factor Permit Status (44) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (45) Adjustment Current Security Amount (46) Forfeited Security Amount (47) Net Cost (48) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 219.95 0.00 0.00 0.00 0.00 1.29 0.00 0.00 0.00 16.16 0.00 3,308.04 4,976.44 0.00 0.00 0.00 3,592.93 0.00 12,875.12 14,426.94 7,575.22 11,790.28 0.00 0.00 0.00 10,549.17 5,769.73 8,227.21 7,242.40 1,970.28 4,227.93 9,480.50 0.00 2,606.94 4,734.34 14,645.35 3,451.83 3,041.11 0.00 0.00 0.00 0.00 $0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,790,387 0 0 0 0 154,969 0 0 0 793,511 0 1,328,760 310,496 0 0 0 125,453 0 8,521,234 7,626,377 4,446,244 7,021,502 0 0 0 6,050,549 3,914,183 4,532,150 4,965,895 858,300 1,301,258 1,675,815 0 1,036,754 2,734,896 3,211,376 246,319 1,745,361 0 0 0 0 $0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 86 0 0 0 0 15 0 0 0 20 0 4,754 3,105 0 0 0 1,255 0 21,303 19,066 11,116 19,309 0 0 0 18,758 10,764 12,463 13,656 2,360 5,989 7,476 0 2,851 7,521 18,926 2,753 4,800 0 0 0 0 $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 133.51 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1,871.48 0.00 0.00 0.00 2,338.40 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2,004.02 0.00 0.00 0.00 0.00 698.43 0.00 0.00 0.00 0.00 0.00 134,729.14 64,391,788 188,348 7,045.83 Pinnacle Actuarial Resources, Inc. Page 8 Exhibit 28.1 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of SpecialProtection Reclamation Office of Special Reclamation Reclamation ExpendituresReclamation Calculation Expenditures Calculation Land, for Forfeitures Occurring Land, after for Forfeitures June 30, 2017 Occurring after June 30, 2017 Surface Surface June 30, 2017 June 30, 2017 As of Fiscal Year End 2020 Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Mine Status (3) Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Adjusted Permit Count (34) Adjusted Acres (35) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.92 0.92 0.92 1.84 6.38 1.80 3.61 2.71 9.93 10.83 6.32 5.41 2.71 9.82 8.84 5.30 14.14 14.14 6.19 9.72 10.60 8.84 7.95 15.01 16.75 19.40 7.05 5.35 8.11 18.01 8.11 13.51 17.11 4.50 17.11 9.01 11.71 9.34 7.75 4.84 4.84 2.90 0.97 0.98 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 368.54 8.85 165.84 143.09 1,129.96 675.74 2,041.36 835.06 1,723.86 2,814.79 1,450.86 1,872.04 1,275.54 4,011.57 2,239.79 1,414.77 4,881.97 4,126.89 1,739.20 5,065.95 5,081.33 3,207.34 3,801.16 4,536.32 10,801.46 8,474.35 5,054.62 1,405.29 5,976.75 7,430.12 1,984.13 6,770.32 7,022.07 902.71 4,862.08 1,847.14 2,255.86 1,824.13 542.50 986.52 555.22 385.06 216.60 105.51 0.00 0.00 352.18 124,014.22 Forfeiture Rate (36) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% Adjustment Factor Permit Bond Size (37) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.25 1.25 1.25 1.25 0.93 0.46 0.55 0.67 0.69 0.52 0.87 0.54 0.38 0.66 0.50 0.78 0.54 0.89 0.75 0.46 0.40 0.39 0.37 0.43 0.29 0.44 0.28 0.52 0.27 0.34 0.53 0.31 0.43 0.45 0.36 0.49 0.55 0.47 1.08 0.47 0.82 0.39 0.25 1.00 0.00 0.00 Release Rate (38) 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% Forfeited Permit Count (39) Released Permit Count (40) Forfeited Acres (41) Released Acres (42) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.05 0.14 0.14 0.06 0.10 0.11 0.09 0.08 0.15 0.17 0.21 0.08 0.06 0.09 0.20 0.09 0.15 0.19 0.05 0.19 0.10 0.13 0.10 0.09 0.05 0.05 0.03 0.01 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.04 0.04 0.04 0.07 0.26 0.07 0.18 0.14 0.50 0.54 0.32 0.27 0.14 0.49 0.44 0.27 0.71 0.71 0.31 0.49 0.53 0.44 0.40 0.75 0.84 0.97 0.35 0.27 0.41 0.72 0.32 0.54 0.68 0.18 0.68 0.36 0.47 0.37 0.31 0.02 0.02 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.05 0.00 0.02 0.02 0.11 0.03 0.11 0.06 0.12 0.15 0.13 0.10 0.05 0.26 0.11 11.04 26.43 36.83 13.01 23.39 20.12 12.47 13.96 19.58 31.72 40.79 15.67 8.02 17.97 28.20 11.64 22.72 33.21 4.44 19.37 9.89 13.68 9.52 6.47 5.13 5.01 1.66 0.60 1.16 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 14.74 0.35 6.63 5.72 45.20 27.03 102.07 41.75 86.19 140.74 72.54 93.60 63.78 200.58 111.99 70.74 244.10 206.34 86.96 253.30 254.07 160.37 190.06 226.82 540.07 423.72 252.73 70.26 298.84 297.20 79.37 270.81 280.88 36.11 194.48 73.89 90.23 72.97 21.70 4.93 2.78 1.93 1.08 0.53 0.00 0.00 2.97 15.67 465.02 5,720.18 Avg Recl Cost per Acre (43) $3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 Adjustment Factor Permit Status (44) 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 Gross Cost (45) Adjustment Current Security Amount (46) Forfeited Security Amount (47) Net Cost (48) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 73.71 1.77 33.17 28.62 168.98 49.96 178.60 89.71 189.64 236.11 201.59 162.31 78.30 423.70 178.66 17,670.10 42,283.46 58,930.43 20,810.18 37,425.22 32,199.23 19,952.57 22,342.31 31,330.77 50,747.18 65,258.70 25,073.24 12,833.99 28,747.71 45,114.91 18,625.86 36,349.50 53,137.29 7,109.23 30,999.49 15,819.34 21,891.91 15,237.99 10,352.83 8,210.77 8,023.29 2,650.74 953.05 1,857.05 0.00 0.00 $0 0 0 0 0 0 0 0 0 0 0 32,242 26,243 71,982 43,339 1,466,976 1,631,049 3,020,750 1,584,667 4,796,080 5,514,792 2,166,826 2,865,961 1,059,847 5,304,828 6,364,389 1,193,152 10,833,861 4,003,592 3,817,228 21,069,152 16,511,599 7,632,380 16,171,356 13,791,037 47,073,820 29,805,615 16,211,299 6,335,175 28,499,041 32,265,720 8,488,878 31,213,751 28,694,191 2,165,385 21,321,622 6,118,662 8,694,353 6,797,125 999,336 2,402,014 1,445,649 901,393 761,395 213,624 0 0 $0 0 0 0 0 0 0 0 0 0 0 4 3 9 5 137 75 165 106 330 289 188 155 41 350 317 9,314 58,646 35,731 28,547 97,281 65,394 29,675 59,407 59,531 138,226 143,453 50,260 36,161 85,674 122,446 49,805 104,741 135,709 10,658 84,963 32,751 52,734 35,488 11,919 12,495 13,056 3,878 2,094 2,350 0 0 $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 69.68 0.00 24.17 23.20 31.87 0.00 13.42 0.00 0.00 0.00 13.42 7.01 37.64 73.52 0.00 8,356.22 0.00 23,199.29 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 744,033.17 411,381,375 1,574,564 31,849.43 Pinnacle Actuarial Resources, Inc. Page 9 Exhibit 28.2 West Virginia Department of Environmental Protection Office of Special Reclamation Reclamation Expenditures Calculation Land, for Forfeitures Occurring after June 30, 2017 Underground June 30, 2017 As of Fiscal Year End 2018 Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Mine Status (3) Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Current Bonded Acres (5) Permit Count (4) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 3 5 3 7 12 2 2 2 4 1 2 3 4 8 4 9 2 10 10 4 10 8 5 9 10 8 10 7 7 7 7 12 7 10 19 13 12 6 2 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 123.25 651.83 293.69 198.01 322.08 5,590.35 377.10 21.04 32.30 238.44 5.18 81.30 219.75 647.75 234.86 580.92 103.05 101.24 151.82 378.99 109.68 235.51 126.91 63.96 580.74 604.37 953.24 227.16 180.61 496.25 272.08 57.94 281.96 87.09 227.37 560.02 225.76 177.90 33.45 22.30 268 15,877.25 Forfeiture Rate (6) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% 0.000% 0.000% Adjustment Factor Permit Bond Size (7) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.00 0.48 1.03 0.37 1.12 0.27 0.32 1.25 1.25 1.01 1.25 1.04 0.39 0.49 1.05 0.45 1.25 1.03 1.19 0.60 1.03 1.07 1.17 1.10 0.66 0.41 0.72 1.08 1.06 0.82 1.04 1.25 1.11 1.25 1.12 1.04 1.14 1.23 1.25 1.25 Release Rate (8) 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.000% 0.000% 0.000% Forfeited Permit Count (9) Released Permit Count (10) Forfeited Acres (11) Released Acres (12) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.02 0.03 0.04 0.08 0.04 0.09 0.02 0.11 0.11 0.04 0.11 0.09 0.06 0.10 0.11 0.09 0.11 0.08 0.08 0.08 0.08 0.13 0.08 0.11 0.21 0.14 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.10 0.15 0.25 0.15 0.35 0.60 0.10 0.10 0.10 0.20 0.05 0.10 0.15 0.20 0.40 0.20 0.36 0.08 0.40 0.40 0.16 0.40 0.32 0.20 0.36 0.40 0.32 0.40 0.28 0.35 0.35 0.35 0.60 0.35 0.50 0.95 0.65 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.03 0.03 0.01 0.04 0.15 0.01 0.00 0.00 0.02 0.06 0.84 0.87 3.14 2.46 2.62 1.29 1.15 1.99 2.51 1.24 2.76 1.64 0.77 4.22 2.73 7.53 2.70 2.11 4.46 3.13 0.80 3.44 1.20 2.81 6.43 2.84 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 6.16 32.59 14.68 9.90 16.10 279.52 18.86 1.05 1.62 11.92 0.26 4.07 10.99 32.39 11.74 29.05 4.12 4.05 6.07 15.16 4.39 9.42 5.08 2.56 23.23 24.17 38.13 9.09 7.22 24.81 13.60 2.90 14.10 4.35 11.37 28.00 11.29 0.00 0.00 0.00 2.24 11.38 68.02 744.01 Land Avg Recl Cost per Acre (13) $13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 Adjustment Factor Permit Status (14) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (15) Current Security Amount (16) Forfeited Security Amount (17) Net Cost (18) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 170.09 430.17 416.02 101.20 499.37 2,101.38 168.96 36.29 55.72 332.22 893.55 11,616.50 11,962.88 43,388.24 33,897.98 36,149.10 17,776.13 15,803.52 27,467.07 34,575.11 17,067.25 38,143.55 22,626.40 10,666.99 58,210.75 37,705.32 103,890.79 37,194.80 29,085.26 61,546.71 43,154.11 10,994.12 47,415.32 16,525.33 38,709.96 88,790.49 39,163.20 0.00 0.00 0.00 $0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 503,440 5,391,575 1,068,160 602,600 736,440 19,250,888 3,907,000 48,400 59,280 700,800 13,237 182,320 627,560 3,615,560 1,160,033 1,841,760 262,920 293,040 419,188 2,107,573 408,400 686,760 337,800 170,720 2,108,680 2,923,840 9,399,459 663,260 574,000 1,450,240 773,160 172,200 816,480 256,720 638,240 2,123,316 653,320 512,880 94,880 58,920 $0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 50 258 110 22 83 524 127 6 7 71 165 1,888 2,476 17,549 12,133 8,305 3,287 3,315 5,496 13,933 4,605 8,060 4,364 2,063 15,316 13,218 74,233 7,870 6,698 13,034 8,886 2,368 9,949 3,530 7,874 24,395 8,213 0 0 0 $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 119.74 172.33 306.38 78.88 416.63 1,577.01 42.11 30.24 48.31 261.47 728.09 9,728.77 9,487.26 25,838.88 21,765.32 27,844.19 14,489.63 12,488.78 21,971.50 20,642.28 12,462.11 30,083.50 18,262.25 8,603.80 42,894.48 24,487.06 29,657.53 29,325.15 22,386.97 48,513.09 34,267.92 8,626.37 37,465.90 12,995.43 30,835.97 64,395.63 30,950.65 0.00 0.00 0.00 938,731.80 67,615,049 284,480 654,251.57 Pinnacle Actuarial Resources, Inc. Page 1 Exhibit 28.2 West Virginia Department of Environmental Protection Office of Special Reclamation Reclamation Expenditures Calculation Land, for Forfeitures Occurring after June 30, 2017 Underground June 30, 2017 As of Fiscal Year End 2018 Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Mine Status (3) Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Current Bonded Acres (5) Permit Count (4) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 5 8 4 1 0 4 2 3 1 2 0 6 3 8 4 8 9 3 5 0 5 4 5 4 7 4 11 7 5 7 2 1 1 0 0 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 103.30 0.00 0.00 23.02 80.45 45.71 69.04 415.09 1,031.66 360.89 43.54 0.00 112.03 200.53 104.66 139.00 14.02 0.00 296.33 345.33 307.49 92.09 342.93 427.44 296.54 137.62 0.00 278.87 141.54 164.25 75.89 303.26 50.83 169.62 191.95 91.49 159.70 24.05 13.74 12.00 0.00 0.00 0.00 144 6,665.90 Forfeiture Rate (6) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% 0.000% 0.000% Adjustment Factor Permit Bond Size (7) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.00 0.00 0.00 1.25 1.00 1.00 1.00 1.05 0.65 0.58 1.00 0.00 0.99 0.75 1.01 0.25 1.25 0.00 1.04 0.47 1.09 1.09 1.07 1.03 0.45 1.09 0.00 1.09 1.06 1.06 1.25 1.03 1.25 1.19 1.11 1.25 1.16 1.25 1.25 1.25 0.00 0.00 0.00 Release Rate (8) 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.000% 0.000% 0.000% Forfeited Permit Count (9) Released Permit Count (10) Forfeited Acres (11) Released Acres (12) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.03 0.01 0.02 0.00 0.06 0.03 0.09 0.04 0.09 0.10 0.03 0.06 0.00 0.06 0.04 0.06 0.04 0.08 0.04 0.12 0.08 0.06 0.08 0.02 0.01 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.04 0.00 0.00 0.05 0.05 0.05 0.05 0.25 0.40 0.20 0.05 0.00 0.20 0.10 0.15 0.05 0.10 0.00 0.30 0.12 0.32 0.16 0.32 0.36 0.12 0.20 0.00 0.20 0.16 0.20 0.16 0.28 0.20 0.55 0.35 0.25 0.35 0.10 0.05 0.05 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.01 0.00 0.01 0.04 0.07 0.02 0.00 0.00 0.01 1.51 1.06 0.35 0.18 0.00 3.10 1.64 3.69 1.10 4.04 4.85 1.45 1.65 0.00 3.33 1.65 1.92 1.04 3.43 0.70 2.23 2.35 1.26 2.05 0.33 0.19 0.17 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4.13 0.00 0.00 1.15 4.02 2.29 3.45 20.75 51.58 18.04 2.18 0.00 5.60 10.03 5.23 6.95 0.70 0.00 14.82 13.81 12.30 3.68 13.72 17.10 11.86 5.50 0.00 11.15 5.66 6.57 3.04 12.13 2.54 8.48 9.60 4.57 7.99 1.20 0.69 0.60 0.00 0.00 0.00 1.27 6.54 45.43 303.13 Land Avg Recl Cost per Acre (13) $13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 Adjustment Factor Permit Status (14) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (15) Current Security Amount (16) Forfeited Security Amount (17) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 142.55 0.00 0.00 39.71 111.02 63.08 95.28 600.66 921.16 290.84 60.09 0.00 153.34 20,827.65 14,587.64 4,795.50 2,418.45 0.00 42,728.94 22,622.00 50,872.73 15,181.52 55,703.24 66,966.95 20,058.09 22,789.73 0.00 46,012.86 22,717.63 26,493.27 14,400.13 47,366.31 9,644.99 30,760.95 32,471.72 17,360.23 28,238.60 4,563.49 2,607.17 2,277.00 0.00 0.00 0.00 $0 0 0 0 0 0 0 0 0 0 0 0 0 0 345,280 0 0 80,520 155,800 311,509 154,000 914,680 3,367,680 1,002,680 110,880 0 1,195,546 1,815,407 353,320 10,764,386 28,920 0 949,417 932,360 839,800 300,880 1,180,567 1,117,500 899,400 455,800 0 664,000 434,000 481,000 203,800 1,011,800 145,000 478,400 594,400 239,520 402,800 80,760 34,160 35,040 0 0 0 $0 0 0 0 0 0 0 0 0 0 0 0 0 0 35 0 0 10 16 31 15 96 218 59 11 0 119 13,663 3,569 26,911 362 0 9,920 4,426 10,068 3,594 13,896 12,687 4,408 5,470 0 7,939 5,048 5,622 2,802 11,452 1,994 6,287 7,286 3,293 5,161 1,110 470 482 0 0 0 $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 108.03 0.00 0.00 29.64 95.44 31.93 79.88 504.75 703.27 232.28 49.00 0.00 34.76 7,164.34 11,019.07 0.00 2,056.95 0.00 32,808.65 18,196.10 40,804.56 11,587.20 41,807.34 54,280.10 15,649.70 17,320.17 0.00 38,073.85 17,669.92 20,871.20 11,597.88 35,914.61 7,651.24 24,474.08 25,185.25 14,066.83 23,077.42 3,453.04 2,137.47 1,795.20 0.00 0.00 0.00 626,944.50 32,081,012 168,529 480,531.13 Net Cost (18) Pinnacle Actuarial Resources, Inc. Page 2 Exhibit 28.2 West Virginia Department of Environmental Protection Office of Special Reclamation Reclamation Expenditures Calculation Land, for Forfeitures Occurring after June 30, 2017 Underground June 30, 2017 As of Fiscal Year End 2018 Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Mine Status (3) Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Current Bonded Acres (5) Permit Count (4) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 4 8 7 19 10 22 6 8 4 14 13 12 5 10 4 8 14 15 8 8 6 4 9 6 8 2 3 3 2 4 2 0 1 2 0 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 22.53 25.13 36.33 128.30 115.31 763.80 137.48 1,766.39 1,132.36 333.26 89.42 355.98 255.05 182.92 35.63 10,293.67 84.48 212.90 607.38 329.13 184.16 306.96 95.91 297.32 456.32 149.53 197.14 20.27 57.88 43.30 11.06 77.48 54.60 0.00 25.60 62.76 0.00 0.00 0.00 0.00 0.00 0.00 255 18,947.74 Forfeiture Rate (6) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% 0.000% 0.000% Adjustment Factor Permit Bond Size (7) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.25 1.25 1.20 1.15 0.95 0.87 1.22 0.67 0.58 0.70 1.25 1.18 1.24 1.25 1.25 0.62 1.13 1.14 1.06 1.15 1.25 1.11 1.11 0.46 1.04 1.17 1.07 1.25 1.16 1.25 1.25 1.25 1.25 0.00 1.25 1.25 0.00 0.00 0.00 0.00 0.00 0.00 Release Rate (8) 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.000% 0.000% 0.000% Forfeited Permit Count (9) Released Permit Count (10) Forfeited Acres (11) Released Acres (12) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.13 0.12 0.05 0.10 0.04 0.08 0.14 0.17 0.09 0.09 0.07 0.04 0.10 0.07 0.09 0.02 0.03 0.03 0.02 0.04 0.02 0.00 0.01 0.02 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.04 0.15 0.20 0.40 0.35 0.95 0.50 1.10 0.30 0.40 0.20 0.70 0.65 0.60 0.25 0.50 0.20 0.40 0.56 0.60 0.32 0.32 0.24 0.16 0.36 0.24 0.32 0.08 0.12 0.12 0.08 0.20 0.10 0.00 0.05 0.10 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.01 0.07 0.02 0.12 0.07 0.02 0.01 0.04 3.16 2.29 0.45 63.34 0.95 2.43 6.44 4.15 2.53 3.73 1.17 1.52 5.23 1.92 2.31 0.28 0.74 0.60 0.15 1.07 0.75 0.00 0.35 0.86 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.90 1.26 1.82 6.42 5.77 38.19 6.87 88.32 56.62 16.66 4.47 17.80 12.75 9.15 1.78 514.68 4.22 10.65 24.30 13.17 7.37 12.28 3.84 11.89 18.25 5.98 7.89 0.81 2.32 1.73 0.44 3.87 2.73 0.00 1.28 3.14 0.00 0.00 0.00 0.00 0.00 0.00 1.58 11.86 106.79 919.60 Land Avg Recl Cost per Acre (13) $13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 Adjustment Factor Permit Status (14) 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 Gross Cost (15) Current Security Amount (16) Forfeited Security Amount (17) Net Cost (18) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 19.43 21.67 30.20 102.04 75.30 457.82 115.64 811.30 449.82 160.27 77.12 290.16 21,773.81 15,776.85 3,073.09 437,046.83 6,583.64 16,780.85 44,413.06 28,659.16 17,472.18 25,770.71 8,075.19 10,462.06 36,055.37 13,231.46 15,967.44 1,923.12 5,113.76 4,108.09 1,049.32 7,350.92 5,180.18 0.00 2,428.80 5,954.36 0.00 0.00 0.00 0.00 0.00 0.00 $0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 72,960 38,588 421,509 209,240 1,155,420 2,080,787 988,854 5,231,892 3,759,740 1,322,147 151,800 1,114,033 518,592 348,800 82,239 992,928 159,690 483,720 1,491,664 1,139,777 225,208 757,968 391,800 1,100,760 1,326,764 315,480 1,390,834 49,400 213,720 98,720 28,320 226,440 72,624 0 78,000 171,560 0 0 0 0 0 0 $0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9 5 51 24 109 181 121 348 216 92 19 132 6,416 4,360 1,028 6,110 1,804 5,526 15,808 14,384 3,097 9,222 4,781 5,614 15,193 4,046 16,326 679 2,737 1,357 389 3,114 999 0 1,073 2,359 0 0 0 0 0 0 $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 10.31 16.85 0.00 77.92 0.00 277.07 0.00 463.04 233.37 68.12 58.15 158.56 15,357.49 11,416.85 2,045.11 430,937.04 4,780.03 11,255.20 28,605.23 14,275.59 14,375.57 16,548.26 3,294.35 4,848.52 20,862.32 9,185.68 0.00 1,243.87 2,377.18 2,750.69 659.92 4,237.37 4,181.60 0.00 1,356.30 3,595.41 0.00 0.00 0.00 0.00 0.00 0.00 736,861.01 28,211,977 127,726 609,552.95 Pinnacle Actuarial Resources, Inc. Page 3 Exhibit 28.2 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of SpecialProtection Reclamation Office of Special Reclamation Reclamation ExpendituresReclamation Calculation Expenditures Calculation Land, for Forfeitures Occurring Land, after for Forfeitures June 30, 2017 Occurring after June 30, 2017 Underground Underground June 30, 2017 June 30, 2017 As of Fiscal Year End 2019 Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Mine Status (3) Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Adjusted Permit Count (19) Adjusted Acres (20) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.90 2.85 4.75 2.85 6.65 11.40 1.90 1.90 1.90 3.80 0.94 1.88 2.82 3.76 7.52 3.76 8.55 1.90 9.49 9.49 3.80 9.49 7.59 4.75 8.54 9.49 7.59 9.49 6.64 6.57 6.57 6.57 11.27 6.57 9.39 17.84 12.21 12.00 6.00 2.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 117.08 619.21 278.98 188.10 305.94 5,310.68 358.23 19.99 30.68 226.49 4.86 76.39 207.90 612.22 220.66 549.25 97.64 96.05 143.76 361.32 104.06 223.33 120.19 60.63 553.29 577.46 907.58 215.38 171.28 466.98 255.35 54.25 264.43 81.54 213.20 525.58 211.63 177.90 33.45 22.30 254.38 15,065.22 Forfeiture Rate (21) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% 0.000% Adjustment Factor Permit Bond Size (22) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.00 0.48 1.03 0.37 1.12 0.27 0.32 1.25 1.25 1.01 1.25 1.04 0.39 0.49 1.05 0.45 1.25 1.03 1.19 0.60 1.03 1.07 1.17 1.10 0.66 0.41 0.72 1.08 1.06 0.82 1.04 1.25 1.11 1.25 1.12 1.04 1.14 1.23 1.25 1.25 Release Rate (23) 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.000% 0.000% Forfeited Permit Count (24) Released Permit Count (25) Forfeited Acres (26) Released Acres (27) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.03 0.04 0.08 0.04 0.09 0.02 0.10 0.10 0.04 0.10 0.08 0.05 0.09 0.10 0.08 0.10 0.07 0.07 0.07 0.07 0.12 0.07 0.10 0.20 0.13 0.13 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.09 0.14 0.24 0.14 0.33 0.57 0.09 0.09 0.09 0.19 0.05 0.09 0.14 0.19 0.38 0.19 0.43 0.08 0.38 0.38 0.15 0.38 0.30 0.19 0.34 0.38 0.30 0.38 0.27 0.26 0.33 0.33 0.56 0.33 0.47 0.89 0.61 0.60 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.03 0.03 0.01 0.03 0.14 0.01 0.00 0.00 0.02 0.00 0.79 0.82 2.97 2.31 2.48 1.22 0.99 1.88 2.39 1.17 2.62 1.55 0.73 4.02 2.61 7.17 2.56 2.00 4.20 2.93 0.75 3.22 1.12 2.63 6.04 2.66 2.40 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5.85 30.96 13.95 9.41 15.30 265.53 17.91 1.00 1.53 11.32 0.24 3.82 10.39 30.61 11.03 27.46 4.88 3.84 5.75 14.45 4.16 8.93 4.81 2.43 22.13 23.10 36.30 8.62 6.85 18.68 12.77 2.71 13.22 4.08 10.66 26.28 10.58 8.90 0.00 0.00 2.23 11.37 66.53 710.46 Avg Recl Cost per Acre (28) $13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 Adjustment Factor Permit Status (29) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (30) Adjustment Current Security Amount (31) Forfeited Security Amount (32) Net Cost (33) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 161.56 408.64 395.18 96.14 474.34 1,996.25 160.51 34.47 52.92 315.58 8.38 10,915.39 11,317.54 41,008.22 31,848.54 34,178.64 16,842.88 13,629.65 26,008.29 32,963.53 16,192.11 36,170.14 21,429.03 10,111.39 55,459.51 36,026.65 98,914.67 35,265.68 27,582.44 57,916.24 40,500.42 10,293.24 44,466.76 15,471.84 36,296.89 83,330.85 36,712.74 33,120.86 0.00 0.00 $0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 503,390 5,391,317 1,068,050 602,578 736,357 19,250,364 3,906,873 48,394 59,273 700,729 13,072 180,432 625,084 3,598,011 1,147,900 1,833,455 259,634 289,725 413,692 2,093,640 403,795 678,700 333,436 168,657 2,093,364 2,910,622 9,325,226 655,390 567,302 1,437,206 764,274 169,832 806,531 253,190 630,366 2,098,921 645,107 512,880 94,880 58,920 $0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 50 258 110 22 83 524 127 6 7 71 2 1,868 2,466 17,464 12,006 8,267 3,245 2,979 5,424 13,841 4,553 7,965 4,308 2,038 15,205 13,159 73,647 7,776 6,620 12,916 8,784 2,335 9,828 3,481 7,777 24,115 8,109 6,919 0 0 $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 111.22 150.82 285.55 73.82 391.61 1,471.90 33.66 28.43 45.52 244.83 6.74 9,047.21 8,851.69 23,544.05 19,842.78 25,911.18 13,597.46 10,650.34 20,584.77 19,122.81 11,638.90 28,204.69 17,121.25 8,073.14 40,254.48 22,868.15 25,267.67 27,489.41 20,962.31 44,999.75 31,716.36 7,958.05 34,638.59 11,990.47 28,520.05 59,216.26 28,603.42 26,201.56 0.00 0.00 918,078.13 67,330,568 288,357 629,720.90 Pinnacle Actuarial Resources, Inc. Page 4 Exhibit 28.2 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of SpecialProtection Reclamation Office of Special Reclamation Reclamation ExpendituresReclamation Calculation Expenditures Calculation Land, for Forfeitures Occurring Land, after for Forfeitures June 30, 2017 Occurring after June 30, 2017 Underground Underground June 30, 2017 June 30, 2017 As of Fiscal Year End 2019 Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Mine Status (3) Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Adjusted Permit Count (19) Adjusted Acres (20) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.96 0.00 0.00 0.95 0.95 0.95 0.95 4.75 7.60 3.80 0.95 0.00 3.80 1.88 2.82 0.94 1.88 0.00 5.64 2.85 7.59 3.80 7.59 8.54 2.85 4.75 0.00 4.75 3.80 4.75 3.80 6.64 3.76 10.33 6.57 4.70 6.57 1.88 0.94 0.94 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 99.16 0.00 0.00 21.87 76.42 43.42 65.58 394.29 980.01 342.82 41.36 0.00 106.42 188.99 98.37 131.70 13.14 0.00 278.42 329.88 291.50 87.31 325.18 405.49 283.22 130.46 0.00 264.38 134.23 155.76 71.81 287.70 47.59 158.91 180.00 85.66 149.67 22.52 12.86 11.24 0.00 0.00 0.00 136.19 6,317.34 Forfeiture Rate (21) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% 0.000% Adjustment Factor Permit Bond Size (22) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.00 0.00 0.00 1.25 1.00 1.00 1.00 1.05 0.65 0.58 1.00 0.00 0.99 0.75 1.01 0.25 1.25 0.00 1.04 0.47 1.09 1.09 1.07 1.03 0.45 1.09 0.00 1.09 1.06 1.06 1.25 1.03 1.25 1.19 1.11 1.25 1.16 1.25 1.25 1.25 0.00 0.00 0.00 Release Rate (23) 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.000% 0.000% Forfeited Permit Count (24) Released Permit Count (25) Forfeited Acres (26) Released Acres (27) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.03 0.01 0.02 0.00 0.06 0.03 0.08 0.04 0.08 0.09 0.03 0.05 0.00 0.05 0.04 0.05 0.04 0.07 0.04 0.11 0.07 0.05 0.07 0.02 0.01 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.04 0.00 0.00 0.05 0.05 0.05 0.05 0.24 0.38 0.19 0.05 0.00 0.19 0.09 0.14 0.05 0.09 0.00 0.28 0.14 0.30 0.15 0.30 0.34 0.11 0.19 0.00 0.19 0.15 0.19 0.15 0.27 0.15 0.52 0.33 0.23 0.33 0.09 0.05 0.05 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.01 0.00 0.01 0.04 0.06 0.02 0.00 0.00 0.01 0.01 0.99 0.33 0.16 0.00 2.91 1.57 3.18 1.04 3.83 4.60 1.39 1.57 0.00 3.16 1.56 1.82 0.99 3.26 0.65 2.09 2.21 1.18 1.92 0.31 0.18 0.15 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.97 0.00 0.00 1.09 3.82 2.17 3.28 19.71 49.00 17.14 2.07 0.00 5.32 9.45 4.92 6.59 0.66 0.00 13.92 16.49 11.66 3.49 13.01 16.22 11.33 5.22 0.00 10.58 5.37 6.23 2.87 11.51 1.90 7.95 9.00 4.28 7.48 1.13 0.64 0.56 0.00 0.00 0.00 1.18 6.17 41.22 290.03 Avg Recl Cost per Acre (28) $13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 Adjustment Factor Permit Status (29) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (30) Adjustment Current Security Amount (31) Forfeited Security Amount (32) Net Cost (33) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 136.84 0.00 0.00 37.72 105.46 59.92 90.50 570.57 875.05 276.28 57.07 0.00 145.66 196.30 13,710.92 4,543.74 2,267.30 0.00 40,146.03 21,609.73 43,843.57 14,392.90 52,819.45 63,528.00 19,157.45 21,604.67 0.00 43,622.20 21,544.70 25,123.88 13,626.12 44,935.56 9,030.12 28,818.66 30,450.07 16,253.51 26,464.84 4,272.57 2,440.96 2,131.84 0.00 0.00 0.00 $0 0 0 0 0 0 0 0 0 0 0 0 0 0 345,245 0 0 80,510 155,784 311,478 153,985 914,584 3,367,462 1,002,621 110,869 0 1,195,427 1,801,744 349,751 10,737,475 28,559 0 939,497 927,934 829,732 297,286 1,166,671 1,104,813 894,992 450,330 0 656,061 428,952 475,378 200,998 1,000,348 143,006 472,113 587,114 236,227 397,639 79,650 33,690 34,558 0 0 0 $0 0 0 0 0 0 0 0 0 0 0 0 0 0 35 0 0 10 16 31 15 96 218 59 11 0 119 136 3,533 26,844 357 0 9,817 4,405 9,043 3,551 13,732 12,543 4,387 5,404 0 7,844 4,989 5,556 2,764 11,322 1,966 6,204 7,197 3,248 5,095 1,095 463 475 0 0 0 $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 102.31 0.00 0.00 27.66 89.88 28.77 75.10 474.66 657.16 217.73 45.99 0.00 27.09 60.69 10,178.40 0.00 1,910.32 0.00 30,329.39 17,204.84 34,800.41 10,841.51 39,087.12 50,985.19 14,770.67 16,200.74 0.00 35,778.11 16,555.70 19,567.52 10,862.40 33,613.47 7,063.79 22,614.41 23,252.93 13,005.40 21,369.79 3,177.38 1,977.72 1,656.67 0.00 0.00 0.00 568,890.14 31,912,483 152,579 438,610.91 Pinnacle Actuarial Resources, Inc. Page 5 Exhibit 28.2 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of SpecialProtection Reclamation Office of Special Reclamation Reclamation ExpendituresReclamation Calculation Expenditures Calculation Land, for Forfeitures Occurring Land, after for Forfeitures June 30, 2017 Occurring after June 30, 2017 Underground Underground June 30, 2017 June 30, 2017 As of Fiscal Year End 2019 Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Mine Status (3) Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Adjusted Permit Count (19) Adjusted Acres (20) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.96 2.85 3.80 7.60 6.65 18.05 9.50 20.90 5.70 7.60 3.80 13.30 12.22 11.28 4.70 9.40 3.76 7.52 13.30 14.24 7.59 7.59 5.69 3.80 8.54 5.69 7.59 1.90 2.85 2.85 1.90 3.76 1.88 0.00 0.94 1.88 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 21.63 23.87 34.51 121.87 109.53 725.54 130.59 1,677.95 1,075.68 316.57 84.94 338.14 239.14 171.49 33.40 9,715.65 79.30 199.82 576.65 311.81 174.26 290.95 90.90 283.91 432.84 141.63 186.94 19.18 54.82 40.97 10.47 72.54 51.12 0.00 23.97 58.76 0.00 0.00 0.00 0.00 0.00 0.00 241.56 17,921.35 Forfeiture Rate (21) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% 0.000% Adjustment Factor Permit Bond Size (22) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.25 1.25 1.20 1.15 0.95 0.87 1.22 0.67 0.58 0.70 1.25 1.18 1.24 1.25 1.25 0.62 1.13 1.14 1.06 1.15 1.25 1.11 1.11 0.46 1.04 1.17 1.07 1.25 1.16 1.25 1.25 1.25 1.25 0.00 1.25 1.25 0.00 0.00 0.00 0.00 0.00 0.00 Release Rate (23) 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.000% 0.000% Forfeited Permit Count (24) Released Permit Count (25) Forfeited Acres (26) Released Acres (27) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.11 0.05 0.09 0.04 0.08 0.13 0.14 0.08 0.08 0.06 0.04 0.09 0.06 0.08 0.02 0.03 0.03 0.02 0.04 0.02 0.00 0.01 0.02 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.04 0.11 0.19 0.38 0.33 0.90 0.47 1.04 0.28 0.38 0.19 0.66 0.61 0.56 0.24 0.47 0.19 0.38 0.67 0.57 0.30 0.30 0.23 0.15 0.34 0.23 0.30 0.08 0.11 0.11 0.08 0.15 0.09 0.00 0.05 0.09 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.01 0.06 0.02 0.11 0.06 0.02 0.01 0.04 0.03 2.14 0.42 59.78 0.90 2.28 6.11 3.58 2.40 3.54 1.11 1.45 4.96 1.82 2.19 0.26 0.70 0.56 0.14 1.00 0.70 0.00 0.33 0.81 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.87 0.95 1.73 6.09 5.48 36.28 6.53 83.90 53.78 15.83 4.25 16.91 11.96 8.57 1.67 485.78 3.97 9.99 28.83 12.47 6.97 11.64 3.64 11.36 17.31 5.67 7.48 0.77 2.19 1.64 0.42 2.90 2.56 0.00 1.20 2.94 0.00 0.00 0.00 0.00 0.00 0.00 1.36 11.30 97.57 874.50 Avg Recl Cost per Acre (28) $13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 Adjustment Factor Permit Status (29) 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 Gross Cost (30) Adjustment Current Security Amount (31) Forfeited Security Amount (32) Net Cost (33) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 18.65 20.59 28.68 96.93 71.53 434.89 109.84 770.68 427.31 152.25 73.26 275.61 204.16 14,790.80 2,881.02 412,505.21 6,180.10 15,750.12 42,165.87 24,682.84 16,533.05 24,426.32 7,653.65 9,990.22 34,200.27 12,532.52 15,141.31 1,819.75 4,843.73 3,887.28 992.92 6,882.29 4,849.94 0.00 2,273.96 5,574.76 0.00 0.00 0.00 0.00 0.00 0.00 $0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 72,951 38,583 421,458 209,216 1,155,311 2,080,606 988,733 5,231,543 3,759,524 1,322,055 151,781 1,113,901 512,176 344,440 81,211 986,818 157,886 478,194 1,475,856 1,125,393 222,111 748,746 387,019 1,095,146 1,311,570 311,434 1,374,508 48,721 210,983 97,363 27,931 223,326 71,625 0 76,928 169,201 0 0 0 0 0 0 $0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9 5 51 24 109 181 121 348 216 92 19 132 63 4,306 1,015 6,072 1,783 5,463 15,640 12,911 3,054 9,110 4,723 5,585 15,019 3,994 16,135 670 2,702 1,339 384 3,071 985 0 1,058 2,327 0 0 0 0 0 0 $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 9.53 15.77 0.00 72.81 0.00 254.15 0.00 422.45 210.87 60.10 54.29 144.03 140.79 10,485.30 1,865.89 406,433.01 4,396.86 10,287.59 26,525.57 11,771.88 13,479.02 15,316.08 2,931.14 4,405.31 19,181.21 8,538.62 0.00 1,149.84 2,142.19 2,548.54 608.87 3,811.56 3,865.09 0.00 1,216.21 3,248.25 0.00 0.00 0.00 0.00 0.00 0.00 673,242.31 28,084,250 118,713 555,592.81 Pinnacle Actuarial Resources, Inc. Page 6 Exhibit 28.2 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of SpecialProtection Reclamation Office of Special Reclamation Reclamation ExpendituresReclamation Calculation Expenditures Calculation Land, for Forfeitures Occurring Land, after for Forfeitures June 30, 2017 Occurring after June 30, 2017 Underground Underground June 30, 2017 June 30, 2017 As of Fiscal Year End 2020 Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Mine Status (3) Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Adjusted Permit Count (34) Adjusted Acres (35) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.80 2.71 4.51 2.71 6.32 10.83 1.80 1.80 1.80 3.61 0.89 1.77 2.65 3.53 7.07 3.53 8.04 1.80 9.01 9.01 3.60 9.01 7.20 4.50 8.11 9.01 7.20 9.01 6.30 6.24 6.17 6.17 10.58 6.17 8.82 16.75 11.46 11.27 6.00 2.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 111.21 588.22 265.00 178.69 290.61 5,045.00 340.31 18.98 29.14 215.15 4.61 71.78 196.68 578.64 207.32 519.32 91.54 91.22 136.12 344.48 98.72 211.77 113.83 57.47 527.14 551.75 864.11 204.21 162.43 444.10 239.65 50.79 247.98 76.34 199.91 493.27 198.39 166.60 33.45 22.30 240.78 14,288.23 Forfeiture Rate (36) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% Adjustment Factor Permit Bond Size (37) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.00 0.48 1.03 0.37 1.12 0.27 0.32 1.25 1.25 1.01 1.25 1.04 0.39 0.49 1.05 0.45 1.25 1.03 1.19 0.60 1.03 1.07 1.17 1.10 0.66 0.41 0.72 1.08 1.06 0.82 1.04 1.25 1.11 1.25 1.12 1.04 1.14 1.23 1.25 1.25 Release Rate (38) 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.000% Forfeited Permit Count (39) Released Permit Count (40) Forfeited Acres (41) Released Acres (42) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.03 0.04 0.07 0.04 0.08 0.02 0.09 0.10 0.04 0.10 0.08 0.05 0.09 0.10 0.08 0.10 0.07 0.07 0.07 0.07 0.12 0.07 0.10 0.18 0.13 0.12 0.07 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.07 0.14 0.23 0.14 0.32 0.54 0.09 0.09 0.09 0.18 0.04 0.09 0.13 0.18 0.35 0.18 0.40 0.09 0.36 0.36 0.14 0.36 0.29 0.18 0.32 0.36 0.29 0.36 0.25 0.25 0.25 0.31 0.53 0.31 0.44 0.84 0.57 0.56 0.30 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.03 0.03 0.01 0.03 0.14 0.01 0.00 0.00 0.02 0.00 0.01 0.78 2.81 2.17 2.34 1.14 0.94 1.62 2.28 1.11 2.49 1.47 0.69 3.83 2.49 6.82 2.42 1.90 3.99 2.75 0.70 3.02 1.05 2.47 5.67 2.49 2.25 0.46 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4.45 29.41 13.25 8.93 14.53 252.25 17.02 0.95 1.46 10.76 0.23 3.59 9.83 28.93 10.37 25.97 4.58 4.56 5.44 13.78 3.95 8.47 4.55 2.30 21.09 22.07 34.56 8.17 6.50 17.76 9.59 2.54 12.40 3.82 10.00 24.66 9.92 8.33 1.67 0.00 2.15 10.98 62.45 672.63 Avg Recl Cost per Acre (43) $13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 Adjustment Factor Permit Status (44) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (45) Adjustment Current Security Amount (46) Forfeited Security Amount (47) Net Cost (48) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 153.47 388.19 375.38 91.32 450.57 1,896.38 152.48 32.75 50.27 299.77 7.96 102.57 10,707.02 38,758.77 29,923.01 32,315.59 15,790.20 12,944.31 22,388.17 31,427.07 15,361.84 34,298.83 20,295.02 9,584.74 52,838.30 34,422.71 94,176.90 33,436.63 26,157.27 55,079.08 38,009.92 9,637.05 41,701.57 14,485.51 34,034.25 78,206.92 34,415.60 31,017.98 6,347.14 0.00 $0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 503,339 5,391,059 1,067,941 602,555 736,275 19,249,840 3,906,746 48,388 59,265 700,658 13,070 178,564 622,619 3,580,546 1,135,895 1,825,188 256,388 286,746 408,269 2,079,799 399,242 670,735 329,128 166,619 2,078,159 2,897,463 9,251,579 647,614 560,682 1,424,290 755,490 167,497 796,702 249,709 622,589 2,074,806 636,998 505,961 94,880 58,920 $0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 50 258 110 22 83 524 127 6 7 71 2 18 2,456 17,379 11,880 8,230 3,205 2,949 4,866 13,749 4,502 7,872 4,252 2,014 15,095 13,099 73,065 7,684 6,543 12,800 8,683 2,303 9,708 3,433 7,681 23,838 8,007 6,826 1,305 0 $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 103.14 130.38 265.76 69.01 367.85 1,372.04 25.63 26.70 42.86 229.02 6.32 84.08 8,250.90 21,379.36 18,042.82 24,085.40 12,585.35 9,995.63 17,522.33 17,677.85 10,859.97 26,426.86 16,042.90 7,571.12 37,743.72 21,323.70 21,111.53 25,752.62 19,614.40 42,278.68 29,326.81 7,333.96 31,993.15 11,052.01 26,353.35 54,369.38 26,408.23 24,192.03 5,042.54 0.00 861,762.48 67,042,211 284,703 577,059.41 Pinnacle Actuarial Resources, Inc. Page 7 Exhibit 28.2 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of SpecialProtection Reclamation Office of Special Reclamation Reclamation ExpendituresReclamation Calculation Expenditures Calculation Land, for Forfeitures Occurring Land, after for Forfeitures June 30, 2017 Occurring after June 30, 2017 Underground Underground June 30, 2017 June 30, 2017 As of Fiscal Year End 2020 Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Mine Status (3) Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Adjusted Permit Count (34) Adjusted Acres (35) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.92 0.00 0.00 0.90 0.90 0.90 0.90 4.51 7.22 3.61 0.90 0.00 3.61 1.79 2.65 0.88 1.77 0.00 5.30 2.68 7.21 3.60 7.20 8.11 2.70 4.50 0.00 4.50 3.60 4.50 3.60 6.30 3.56 9.70 6.17 4.41 6.17 1.76 0.88 0.88 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 95.18 0.00 0.00 20.77 72.59 41.24 62.30 374.54 930.95 325.66 39.29 0.00 101.09 179.53 92.46 124.79 12.32 0.00 261.59 311.82 276.67 82.77 308.34 384.67 270.51 123.68 0.00 250.64 127.30 147.71 67.95 272.93 45.03 148.88 168.79 80.20 140.27 21.08 12.04 10.52 0.00 0.00 0.00 128.84 5,986.09 Forfeiture Rate (36) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% Adjustment Factor Permit Bond Size (37) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.00 0.00 0.00 1.25 1.00 1.00 1.00 1.05 0.65 0.58 1.00 0.00 0.99 0.75 1.01 0.25 1.25 0.00 1.04 0.47 1.09 1.09 1.07 1.03 0.45 1.09 0.00 1.09 1.06 1.06 1.25 1.03 1.25 1.19 1.11 1.25 1.16 1.25 1.25 1.25 0.00 0.00 0.00 Release Rate (38) 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.000% Forfeited Permit Count (39) Released Permit Count (40) Forfeited Acres (41) Released Acres (42) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.02 0.00 0.05 0.03 0.07 0.04 0.08 0.09 0.03 0.05 0.00 0.05 0.04 0.05 0.04 0.07 0.04 0.11 0.07 0.05 0.07 0.02 0.01 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.04 0.00 0.00 0.04 0.05 0.05 0.05 0.23 0.36 0.18 0.05 0.00 0.18 0.09 0.13 0.04 0.09 0.00 0.27 0.13 0.36 0.14 0.29 0.32 0.11 0.18 0.00 0.18 0.14 0.18 0.14 0.25 0.14 0.39 0.31 0.22 0.31 0.09 0.04 0.04 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.01 0.00 0.01 0.04 0.06 0.02 0.00 0.00 0.01 0.01 0.01 0.31 0.15 0.00 2.73 1.48 3.02 0.90 3.63 4.37 1.33 1.48 0.00 3.00 1.48 1.73 0.93 3.09 0.62 1.96 2.07 1.10 1.80 0.29 0.17 0.14 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.81 0.00 0.00 0.83 3.63 2.06 3.11 18.73 46.55 16.28 1.96 0.00 5.05 8.98 4.62 6.24 0.62 0.00 13.08 15.59 13.83 3.31 12.33 15.39 10.82 4.95 0.00 10.03 5.09 5.91 2.72 10.92 1.80 5.96 8.44 4.01 7.01 1.05 0.60 0.53 0.00 0.00 0.00 1.08 5.80 37.96 275.84 Avg Recl Cost per Acre (43) $13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 Adjustment Factor Permit Status (44) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (45) Adjustment Current Security Amount (46) Forfeited Security Amount (47) Net Cost (48) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 131.35 0.00 0.00 35.83 100.18 56.92 85.97 541.98 831.24 262.45 54.22 0.00 138.36 186.47 128.87 4,305.19 2,125.59 0.00 37,719.25 20,426.66 41,611.98 12,404.77 50,084.96 60,265.66 18,297.26 20,481.23 0.00 41,355.75 20,432.34 23,825.27 12,893.72 42,629.55 8,544.76 26,999.01 28,554.30 15,217.35 24,802.49 4,000.19 2,285.35 1,995.94 0.00 0.00 0.00 $0 0 0 0 0 0 0 0 0 0 0 0 0 0 345,211 0 0 80,500 155,769 311,447 153,969 914,488 3,367,244 1,002,563 110,858 0 1,195,309 1,801,608 346,219 10,710,631 28,202 0 929,680 923,529 820,689 293,734 1,152,939 1,092,270 890,605 444,927 0 648,217 423,963 469,822 198,234 989,026 141,040 465,909 579,916 232,978 392,544 78,554 33,227 34,083 0 0 0 $0 0 0 0 0 0 0 0 0 0 0 0 0 0 35 0 0 10 16 31 15 96 218 59 11 0 119 136 35 26,777 353 0 9,714 4,384 8,945 3,190 13,571 12,400 4,365 5,339 0 7,750 4,931 5,491 2,726 11,194 1,939 6,123 7,109 3,203 5,030 1,080 457 469 0 0 0 $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 96.83 0.00 0.00 25.77 84.60 25.77 70.57 446.09 613.37 203.90 43.13 0.00 19.81 50.87 93.90 0.00 1,773.07 0.00 28,005.18 16,042.69 32,667.38 9,214.80 36,514.26 47,865.24 13,931.97 15,142.14 0.00 33,605.44 15,501.36 18,333.86 10,168.00 31,435.60 6,605.46 20,876.29 21,445.38 12,013.90 19,772.74 2,920.07 1,828.48 1,527.29 0.00 0.00 0.00 523,812.35 31,759,904 147,319 398,965.20 Pinnacle Actuarial Resources, Inc. Page 8 Exhibit 28.2 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of SpecialProtection Reclamation Office of Special Reclamation Reclamation ExpendituresReclamation Calculation Expenditures Calculation Land, for Forfeitures Occurring Land, after for Forfeitures June 30, 2017 Occurring after June 30, 2017 Underground Underground June 30, 2017 June 30, 2017 As of Fiscal Year End 2020 Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Mine Status (3) Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Adjusted Permit Count (34) Adjusted Acres (35) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.92 2.74 3.61 7.22 6.32 17.14 9.02 19.85 5.41 7.22 3.61 12.63 11.61 10.60 4.42 8.84 3.53 7.07 12.50 13.52 7.20 7.20 5.40 3.60 8.11 5.40 7.20 1.80 2.70 2.70 1.80 3.56 1.76 0.00 0.88 1.76 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 20.76 22.91 32.78 115.76 104.05 689.20 124.04 1,593.94 1,021.83 300.72 80.68 321.19 227.16 160.77 31.32 9,170.08 74.44 187.55 541.70 295.76 164.89 275.77 86.16 271.11 410.57 134.15 177.27 18.15 51.93 38.77 9.90 68.64 47.86 0.00 22.44 55.01 0.00 0.00 0.00 0.00 0.00 0.00 228.89 16,949.28 Forfeiture Rate (36) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% Adjustment Factor Permit Bond Size (37) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.25 1.25 1.20 1.15 0.95 0.87 1.22 0.67 0.58 0.70 1.25 1.18 1.24 1.25 1.25 0.62 1.13 1.14 1.06 1.15 1.25 1.11 1.11 0.46 1.04 1.17 1.07 1.25 1.16 1.25 1.25 1.25 1.25 0.00 1.25 1.25 0.00 0.00 0.00 0.00 0.00 0.00 Release Rate (38) 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.000% Forfeited Permit Count (39) Released Permit Count (40) Forfeited Acres (41) Released Acres (42) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.04 0.09 0.04 0.07 0.13 0.14 0.07 0.08 0.06 0.04 0.09 0.06 0.08 0.02 0.03 0.03 0.02 0.04 0.02 0.00 0.01 0.02 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.04 0.11 0.14 0.36 0.32 0.86 0.45 0.99 0.27 0.36 0.18 0.63 0.58 0.53 0.22 0.44 0.18 0.35 0.63 0.68 0.29 0.29 0.22 0.14 0.32 0.22 0.29 0.07 0.11 0.11 0.07 0.14 0.07 0.00 0.04 0.09 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.01 0.06 0.02 0.11 0.06 0.02 0.01 0.04 0.03 0.02 0.39 56.43 0.84 2.14 5.74 3.39 2.06 3.36 1.05 1.38 4.70 1.72 2.08 0.25 0.66 0.53 0.14 0.94 0.66 0.00 0.31 0.76 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.83 0.92 1.31 5.79 5.20 34.46 6.20 79.70 51.09 15.04 4.03 16.06 11.36 8.04 1.57 458.50 3.72 9.38 27.09 14.79 6.60 11.03 3.45 10.84 16.42 5.37 7.09 0.73 2.08 1.55 0.40 2.75 1.91 0.00 1.12 2.75 0.00 0.00 0.00 0.00 0.00 0.00 1.18 10.79 89.93 829.15 Avg Recl Cost per Acre (43) $13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 13,800.00 Adjustment Factor Permit Status (44) 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 Gross Cost (45) Adjustment Current Security Amount (46) Forfeited Security Amount (47) Net Cost (48) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 17.90 19.76 27.25 92.07 67.95 413.11 104.34 732.10 405.92 144.63 69.59 261.80 193.92 138.66 2,700.96 389,341.67 5,801.29 14,782.69 39,610.73 23,412.36 14,222.18 23,152.06 7,254.11 9,539.66 32,440.63 11,870.50 14,357.92 1,721.94 4,587.96 3,678.34 939.55 6,512.37 4,540.76 0.00 2,129.00 5,219.37 0.00 0.00 0.00 0.00 0.00 0.00 $0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 72,942 38,578 421,407 209,192 1,155,201 2,080,426 988,613 5,231,195 3,759,307 1,321,963 151,762 1,113,770 512,112 340,135 80,195 980,746 156,103 472,732 1,460,216 1,112,482 219,057 739,635 382,297 1,089,562 1,296,551 307,440 1,358,373 48,051 208,282 96,024 27,547 220,256 70,641 0 75,870 166,875 0 0 0 0 0 0 $0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9 5 51 24 109 181 121 348 216 92 19 132 63 43 1,002 6,035 1,763 5,400 15,475 12,763 2,738 8,999 4,665 5,556 14,847 3,943 15,945 661 2,667 1,320 379 3,029 971 0 1,043 2,295 0 0 0 0 0 0 $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 8.79 14.94 0.00 67.96 0.00 232.38 0.00 383.88 189.49 52.49 50.62 130.23 130.56 96.15 1,698.51 383,306.84 4,038.20 9,382.57 24,136.17 10,649.51 11,483.96 14,152.67 2,589.23 3,983.24 17,593.55 7,927.82 0.00 1,061.24 1,921.01 2,358.01 560.78 3,483.85 3,569.45 0.00 1,085.79 2,924.85 0.00 0.00 0.00 0.00 0.00 0.00 620,505.04 27,965,537 112,909 509,264.75 Pinnacle Actuarial Resources, Inc. Page 9 Exhibit 28.3 West Virginia Department of Environmental Protection Office of Special Reclamation Reclamation Expenditures Calculation Land, for Forfeitures Occurring after June 30, 2017 Other June 30, 2017 As of Fiscal Year End 2018 Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Mine Status (3) Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Current Bonded Acres (5) Permit Count (4) 0 0 0 0 0 0 0 0 0 0 0 1 1 0 2 2 1 1 5 11 27 15 28 9 9 10 4 6 10 3 4 7 9 8 6 3 8 4 1 4 4 4 9 4 4 7 5 8 3 6 3 11 11 3 5 7 2 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 20.00 28.52 0.00 34.08 125.00 65.00 12.76 139.84 550.72 3,036.00 1,734.38 2,870.67 1,498.93 1,449.90 1,114.64 105.36 312.00 351.06 56.15 164.28 883.76 1,293.06 1,090.23 1,634.41 1,185.33 1,162.12 1,151.98 58.70 438.48 24.48 694.36 1,102.24 375.01 619.46 301.44 238.77 596.48 273.55 854.22 118.05 789.96 846.95 44.65 169.35 170.63 65.90 295 29,852.86 Forfeiture Rate (6) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% 0.000% 0.000% Adjustment Factor Permit Bond Size (7) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.25 1.25 0.00 1.25 1.25 1.25 1.25 1.25 1.09 0.52 0.57 0.64 0.44 0.56 0.53 1.06 1.10 1.25 1.25 1.17 0.54 0.55 0.45 0.31 0.30 0.73 0.30 1.25 0.80 1.22 0.31 0.54 0.77 0.59 1.11 1.13 0.72 1.01 0.53 1.25 0.79 0.76 1.25 1.12 0.44 1.20 Release Rate (8) 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 5.000% 5.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 4.000% 4.000% 3.000% 3.000% 3.000% 2.000% 1.000% 1.000% 0.500% 0.500% 0.000% 0.000% 0.000% Forfeited Permit Count (9) Released Permit Count (10) Forfeited Acres (11) Released Acres (12) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.05 0.05 0.02 0.03 0.05 0.02 0.02 0.04 0.05 0.04 0.03 0.02 0.04 0.02 0.01 0.02 0.02 0.02 0.05 0.02 0.02 0.04 0.03 0.04 0.02 0.03 0.02 0.06 0.06 0.02 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.33 0.81 0.45 0.84 0.27 0.27 0.30 0.12 0.18 0.30 0.09 0.12 0.21 0.27 0.24 0.18 0.09 0.40 0.20 0.03 0.12 0.12 0.12 0.27 0.12 0.16 0.28 0.15 0.24 0.09 0.12 0.03 0.11 0.06 0.02 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.01 0.00 0.02 0.06 0.16 0.10 0.18 0.07 4.09 2.98 0.56 1.72 2.19 0.35 0.96 2.37 3.58 2.45 2.54 1.78 4.24 1.72 0.37 1.74 0.15 1.06 2.98 1.44 1.84 1.68 1.35 2.14 1.38 2.27 0.74 3.11 3.20 0.28 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.03 0.00 0.03 0.13 0.07 0.01 0.14 16.52 91.08 52.03 86.12 44.97 43.50 33.44 3.16 9.36 10.53 1.68 4.93 26.51 38.79 32.71 49.03 35.56 58.11 57.60 1.76 13.15 0.73 20.83 33.07 11.25 24.78 12.06 7.16 17.89 8.21 17.08 1.18 7.90 4.23 0.22 0.00 0.00 0.00 0.90 7.71 57.89 877.58 Land Avg Recl Cost per Acre (13) $9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 Adjustment Factor Permit Status (14) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (15) Current Security Amount (16) Forfeited Security Amount (17) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 22.75 32.44 0.00 38.77 142.19 73.94 14.51 159.07 545.62 1,432.00 906.24 1,680.45 598.76 37,264.01 27,089.45 5,085.31 15,666.22 19,966.54 3,193.53 8,722.92 21,543.50 32,593.08 22,284.19 23,115.02 16,210.40 38,626.32 15,651.97 3,338.56 15,878.91 1,363.33 9,671.13 27,150.26 13,122.20 16,701.79 15,289.45 12,255.08 19,458.87 12,594.40 20,685.67 6,714.09 28,285.45 29,101.21 2,539.47 0.00 0.00 0.00 $0 0 0 0 0 0 0 0 0 0 0 20,000 29,000 0 20,500 125,000 65,000 13,000 149,000 904,640 14,210,347 5,152,605 7,345,120 6,052,960 4,568,500 3,281,840 235,800 316,000 363,000 62,000 224,200 3,191,280 3,831,260 3,272,980 8,367,592 6,524,530 2,413,760 3,828,560 59,000 819,360 128,113 4,387,067 5,127,360 1,168,232 1,083,840 632,240 408,120 1,680,000 494,080 3,959,800 122,000 1,720,900 2,484,780 60,092 700,200 6,583,600 197,260 $0 0 0 0 0 0 0 0 0 0 0 3 4 0 3 16 8 2 19 98 737 296 472 266 12,903 8,765 1,251 1,744 2,269 388 1,308 8,549 10,612 7,352 13,004 9,805 8,816 5,716 369 3,261 784 6,715 13,879 4,492 3,211 3,524 2,302 6,023 2,500 10,537 763 6,771 9,382 376 0 0 0 $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 20.25 28.82 0.00 36.20 126.56 65.81 12.89 140.44 447.13 695.45 610.38 1,207.95 333.05 24,361.21 18,324.66 3,834.63 13,922.58 17,697.79 2,806.03 7,414.73 12,994.69 21,980.84 14,932.61 10,110.56 6,405.07 29,810.04 9,935.63 2,969.81 12,618.26 579.28 2,956.45 13,271.51 8,630.08 13,490.55 11,765.49 9,953.20 13,436.19 10,094.65 10,148.31 5,951.59 21,514.15 19,719.11 2,163.89 0.00 0.00 0.00 526,809.07 106,384,518 169,291 357,518.57 Net Cost (18) Pinnacle Actuarial Resources, Inc. Page 1 Exhibit 28.3 West Virginia Department of Environmental Protection Office of Special Reclamation Reclamation Expenditures Calculation Land, for Forfeitures Occurring after June 30, 2017 Other June 30, 2017 As of Fiscal Year End 2018 Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Mine Status (3) Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Current Bonded Acres (5) Permit Count (4) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3 1 0 1 3 6 3 11 1 3 2 1 5 5 3 3 4 6 5 2 3 3 0 2 2 2 3 2 0 0 2 1 1 0 1 1 1 1 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 281.18 52.00 0.00 9.75 470.23 1,160.41 48.25 1,713.51 26.00 394.50 612.21 20.21 491.54 700.45 362.69 50.33 215.12 892.07 770.77 171.34 233.39 90.95 0.00 233.33 472.50 188.75 107.86 30.80 0.00 0.00 53.90 118.83 9.90 0.00 133.81 66.26 191.70 57.00 0.00 0.00 0.00 0.00 93.00 10,431.54 Forfeiture Rate (6) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% 0.000% 0.000% Adjustment Factor Permit Bond Size (7) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.02 1.25 0.00 1.25 0.54 0.35 1.25 0.50 1.25 0.45 0.41 1.25 0.55 0.44 0.50 1.25 1.17 0.52 0.41 1.06 1.02 1.23 0.00 0.63 0.25 0.43 1.25 1.25 0.00 0.00 1.25 1.00 1.25 0.00 1.00 1.00 1.00 1.25 0.00 0.00 0.00 0.00 Release Rate (8) 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 5.000% 5.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 4.000% 4.000% 3.000% 3.000% 3.000% 2.000% 1.000% 1.000% 0.500% 0.500% 0.000% 0.000% 0.000% Forfeited Permit Count (9) Released Permit Count (10) Forfeited Acres (11) Released Acres (12) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.01 0.01 0.03 0.03 0.02 0.02 0.02 0.03 0.03 0.01 0.02 0.02 0.00 0.01 0.01 0.01 0.02 0.01 0.00 0.00 0.01 0.01 0.01 0.00 0.01 0.01 0.01 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.09 0.18 0.09 0.33 0.03 0.09 0.06 0.03 0.15 0.15 0.09 0.09 0.12 0.18 0.15 0.06 0.09 0.15 0.00 0.06 0.06 0.06 0.09 0.06 0.00 0.00 0.08 0.03 0.03 0.00 0.02 0.01 0.01 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.03 0.01 0.00 0.00 0.03 0.04 0.01 0.09 0.00 0.89 1.24 0.13 1.35 1.53 0.91 0.31 1.26 2.34 1.56 0.91 1.19 0.56 0.00 0.73 0.59 0.41 0.67 0.19 0.00 0.00 0.34 0.59 0.06 0.00 0.67 0.33 0.96 0.36 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.28 0.05 0.00 0.01 14.11 34.81 1.45 51.41 0.78 11.84 18.37 0.61 14.75 21.01 10.88 1.51 6.45 26.76 23.12 5.14 7.00 4.55 0.00 7.00 14.18 5.66 3.24 0.92 0.00 0.00 2.16 3.56 0.30 0.00 2.68 0.66 1.92 0.29 0.00 0.00 0.00 0.00 0.32 2.65 20.28 297.44 Land Avg Recl Cost per Acre (13) $9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 Adjustment Factor Permit Status (14) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (15) Current Security Amount (16) Forfeited Security Amount (17) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 261.22 59.15 0.00 11.09 232.99 373.08 54.88 779.60 29.58 8,104.69 11,317.22 1,149.44 12,302.63 13,898.09 8,254.27 2,862.52 11,454.06 21,278.64 14,222.96 8,264.62 10,835.37 5,105.10 0.00 6,642.15 5,374.69 3,694.03 6,134.54 1,751.75 0.00 0.00 3,065.56 5,406.77 563.06 0.00 6,088.36 3,014.83 8,722.35 3,241.88 0.00 0.00 0.00 0.00 $0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 284,000 52,000 0 10,000 934,060 3,101,480 84,520 11,349,515 58,240 1,208,400 2,264,780 21,000 1,106,440 2,211,360 1,169,120 54,000 297,040 4,990,640 2,305,000 503,120 234,000 270,000 0 1,193,440 1,617,820 919,820 124,000 32,000 0 0 113,360 399,840 10,000 0 137,000 230,480 316,520 57,000 0 0 0 0 $0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 29 7 0 1 51 110 11 567 7 2,728 4,601 131 3,043 4,822 2,924 338 1,738 13,082 4,674 2,667 1,194 1,665 0 3,733 2,022 1,978 775 200 0 0 709 1,999 63 0 685 1,152 1,583 356 0 0 0 0 $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 232.22 52.65 0.00 9.84 182.14 263.51 44.32 212.16 22.30 5,376.60 6,716.52 1,018.19 9,259.47 9,076.44 5,330.38 2,525.02 9,716.05 8,197.07 9,548.89 5,597.80 9,641.56 3,439.68 0.00 2,908.81 3,352.41 1,715.81 5,359.54 1,551.75 0.00 0.00 2,357.06 3,407.57 500.56 0.00 5,403.36 1,862.43 7,139.75 2,885.63 0.00 0.00 0.00 0.00 184,551.16 37,659,995 59,644 124,907.46 Net Cost (18) Pinnacle Actuarial Resources, Inc. Page 2 Exhibit 28.3 West Virginia Department of Environmental Protection Office of Special Reclamation Reclamation Expenditures Calculation Land, for Forfeitures Occurring after June 30, 2017 Other June 30, 2017 As of Fiscal Year End 2018 Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Mine Status (3) Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Current Bonded Acres (5) Permit Count (4) 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 2 1 2 20 9 27 6 7 4 2 1 2 1 3 0 1 1 0 2 0 1 1 1 1 0 0 0 0 0 0 1 1 2 0 2 1 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 9.00 27.00 0.00 34.00 0.00 0.00 58.69 10.00 1,007.91 1,892.78 457.88 3,078.26 476.66 398.19 245.30 272.00 14.00 49.49 54.00 327.16 0.00 102.94 61.00 0.00 183.32 0.00 106.00 179.00 89.00 16.66 0.00 0.00 0.00 0.00 0.00 0.00 3.60 29.85 41.99 0.00 6.75 1.00 0.00 0.00 0.00 0.00 105 9,233.43 Forfeiture Rate (6) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% 0.000% 0.000% Adjustment Factor Permit Bond Size (7) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.25 1.25 0.00 1.25 0.00 0.00 1.25 1.25 1.25 1.00 1.25 0.70 0.77 1.18 1.04 0.43 1.25 1.03 1.25 0.54 0.00 1.00 1.00 0.00 1.04 0.00 1.00 0.25 1.25 1.25 0.00 0.00 0.00 0.00 0.00 0.00 1.25 1.25 1.01 0.00 1.25 1.25 0.00 0.00 0.00 0.00 Release Rate (8) 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 5.000% 5.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 4.000% 4.000% 3.000% 3.000% 3.000% 2.000% 1.000% 1.000% 0.500% 0.500% 0.000% 0.000% 0.000% Forfeited Permit Count (9) Released Permit Count (10) Forfeited Acres (11) Released Acres (12) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.04 0.02 0.01 0.01 0.01 0.01 0.02 0.00 0.01 0.01 0.00 0.01 0.00 0.01 0.01 0.01 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.01 0.01 0.00 0.01 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.06 0.60 0.27 0.81 0.18 0.21 0.12 0.06 0.03 0.06 0.03 0.09 0.00 0.03 0.03 0.00 0.06 0.00 0.05 0.03 0.03 0.03 0.00 0.00 0.00 0.00 0.00 0.00 0.03 0.03 0.04 0.00 0.02 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.13 0.19 0.06 0.21 0.04 2.35 1.27 0.59 0.09 0.25 0.34 0.88 0.00 0.51 0.31 0.00 0.96 0.00 0.53 0.22 0.56 0.10 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.19 0.21 0.00 0.04 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.03 0.00 0.03 0.00 0.00 0.06 0.01 30.24 56.78 13.74 92.35 14.30 11.95 7.36 8.16 0.42 1.48 1.62 9.81 0.00 3.09 1.83 0.00 5.50 0.00 5.30 5.37 2.67 0.50 0.00 0.00 0.00 0.00 0.00 0.00 0.11 0.90 0.84 0.00 0.07 0.01 0.00 0.00 0.00 0.00 0.18 2.91 10.07 274.52 Land Avg Recl Cost per Acre (13) $9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 Adjustment Factor Permit Status (14) 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 Gross Cost (15) Current Security Amount (16) Forfeited Security Amount (17) Net Cost (18) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5.12 15.36 0.00 19.34 0.00 0.00 33.38 5.69 573.25 857.37 260.42 976.18 167.57 10,677.30 5,796.66 2,684.50 398.13 1,156.33 1,535.63 4,025.61 0.00 2,341.89 1,387.75 0.00 4,347.75 0.00 2,411.50 1,018.06 2,530.94 473.77 0.00 0.00 0.00 0.00 0.00 0.00 102.38 848.86 968.75 0.00 191.95 28.44 0.00 0.00 0.00 0.00 $0 0 0 0 0 0 0 0 0 0 0 10,000 27,000 0 34,000 0 0 48,000 10,000 20,000 3,502,409 289,480 9,968,180 1,424,520 717,424 646,100 806,440 14,000 148,000 30,600 900,944 0 103,000 165,920 0 521,600 0 356,160 744,640 36,880 17,000 0 0 0 0 0 0 8,000 88,800 130,560 0 20,000 10,000 0 0 0 0 $0 0 0 0 0 0 0 0 0 0 0 1 3 0 4 0 0 6 1 3 349 36 695 110 4,228 3,356 1,749 88 760 191 2,436 0 515 830 0 2,719 0 1,781 931 231 106 0 0 0 0 0 0 50 555 662 0 125 63 0 0 0 0 $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.87 11.98 0.00 15.09 0.00 0.00 27.38 4.44 570.75 508.69 224.23 281.43 57.51 6,449.29 2,441.07 935.24 310.63 396.33 1,344.38 1,589.16 0.00 1,826.89 558.15 0.00 1,628.93 0.00 630.70 87.26 2,300.44 367.52 0.00 0.00 0.00 0.00 0.00 0.00 52.38 293.86 306.74 0.00 66.95 0.00 0.00 0.00 0.00 0.00 45,839.84 20,799,657 22,583 23,291.26 Pinnacle Actuarial Resources, Inc. Page 3 Exhibit 28.3 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of SpecialProtection Reclamation Office of Special Reclamation Reclamation ExpendituresReclamation Calculation Expenditures Calculation Land, for Forfeitures Occurring Land, after for Forfeitures June 30, 2017 Occurring after June 30, 2017 Other Other June 30, 2017 June 30, 2017 As of Fiscal Year End 2019 Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Mine Status (3) Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Adjusted Permit Count (19) Adjusted Acres (20) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.00 1.00 0.00 2.00 2.00 1.00 1.00 4.99 10.67 26.19 14.55 27.16 8.73 8.69 9.65 3.86 5.79 9.65 2.90 3.86 6.76 8.69 7.72 5.79 2.90 7.56 3.78 0.97 3.86 3.86 3.86 8.69 3.86 3.82 6.69 4.83 7.72 2.90 5.85 2.96 10.84 10.89 2.97 5.00 7.00 2.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 19.98 28.49 0.00 34.04 124.86 64.93 12.75 139.68 534.14 2,944.76 1,682.25 2,784.37 1,453.90 1,402.31 1,078.22 101.64 300.92 338.33 54.11 158.39 854.88 1,250.69 1,055.07 1,582.84 1,147.99 1,099.77 1,092.66 56.57 423.58 23.60 672.47 1,066.19 362.32 592.85 287.70 230.26 576.45 263.96 834.86 116.13 778.95 839.52 44.15 169.35 170.63 65.90 286.39 28,917.39 Forfeiture Rate (21) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% 0.000% Adjustment Factor Permit Bond Size (22) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.25 1.25 0.00 1.25 1.25 1.25 1.25 1.25 1.09 0.52 0.57 0.64 0.44 0.56 0.53 1.06 1.10 1.25 1.25 1.17 0.54 0.55 0.45 0.31 0.30 0.73 0.30 1.25 0.80 1.22 0.31 0.54 0.77 0.59 1.11 1.13 0.72 1.01 0.53 1.25 0.79 0.76 1.25 1.12 0.44 1.20 Release Rate (23) 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 5.000% 5.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 4.000% 4.000% 3.000% 3.000% 3.000% 2.000% 1.000% 1.000% 0.500% 0.500% 0.000% 0.000% Forfeited Permit Count (24) Released Permit Count (25) Forfeited Acres (26) Released Acres (27) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.05 0.02 0.03 0.05 0.01 0.02 0.03 0.04 0.04 0.03 0.01 0.04 0.02 0.00 0.02 0.02 0.02 0.04 0.02 0.02 0.03 0.02 0.04 0.01 0.03 0.01 0.05 0.05 0.01 0.03 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.79 0.44 0.81 0.26 0.26 0.29 0.12 0.17 0.29 0.09 0.12 0.20 0.26 0.23 0.17 0.09 0.23 0.19 0.05 0.12 0.12 0.12 0.26 0.12 0.11 0.27 0.19 0.23 0.09 0.18 0.06 0.11 0.11 0.01 0.03 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.01 0.00 0.02 0.06 0.15 0.10 0.18 0.06 0.08 2.88 0.54 1.66 2.11 0.34 0.92 2.29 3.46 2.37 2.46 1.73 4.02 1.63 0.35 1.69 0.14 1.03 2.89 1.39 1.76 1.60 1.30 2.07 1.34 2.22 0.73 3.06 3.17 0.28 0.95 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.03 0.00 0.03 0.12 0.06 0.01 0.14 0.53 88.34 50.47 83.53 43.62 42.07 32.35 3.05 9.03 10.15 1.62 4.75 25.65 37.52 31.65 47.49 34.44 32.99 54.63 2.83 12.71 0.71 20.17 31.99 10.87 17.79 11.51 9.21 17.29 7.92 25.05 2.32 7.79 8.40 0.22 0.85 0.00 0.00 0.85 7.18 53.06 821.92 Avg Recl Cost per Acre (28) $9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 Adjustment Factor Permit Status (29) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (30) Adjustment Current Security Amount (31) Forfeited Security Amount (32) Net Cost (33) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 22.72 32.41 0.00 38.72 142.03 73.85 14.50 158.89 529.20 1,388.97 879.00 1,629.93 580.77 720.82 26,204.42 4,905.78 15,109.79 19,242.75 3,077.77 8,410.33 20,839.48 31,525.00 21,565.61 22,385.65 15,699.73 36,553.92 14,846.00 3,217.54 15,339.35 1,314.08 9,366.20 26,262.26 12,678.08 15,984.24 14,592.66 11,818.31 18,805.35 12,152.85 20,216.91 6,604.99 27,891.30 28,845.82 2,510.90 8,659.81 0.00 0.00 $0 0 0 0 0 0 0 0 0 0 0 19,998 28,996 0 20,497 124,984 64,992 12,998 148,981 904,542 14,209,610 5,152,309 7,344,648 6,052,694 4,555,597 3,273,075 234,549 314,256 360,731 61,613 222,892 3,182,731 3,820,648 3,265,628 8,354,588 6,514,725 2,404,944 3,822,844 58,631 816,099 127,329 4,380,352 5,113,481 1,163,740 1,080,629 628,716 405,818 1,673,977 491,580 3,949,263 121,238 1,714,129 2,475,398 59,717 700,200 6,583,600 197,260 $0 0 0 0 0 0 0 0 0 0 0 2 4 0 3 16 8 2 19 98 737 296 472 266 257 8,741 1,244 1,734 2,255 385 1,301 8,526 10,583 7,335 12,984 9,791 8,784 5,708 366 3,248 779 6,704 13,841 4,475 3,202 3,504 2,289 6,001 2,487 10,509 758 6,745 9,347 373 3,935 0 0 $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 20.22 28.78 0.00 36.16 126.40 65.73 12.87 140.27 430.72 652.45 583.16 1,157.46 315.08 463.49 17,463.03 3,661.74 13,375.78 16,988.18 2,692.69 7,109.78 12,313.58 20,942.16 14,230.55 9,401.40 5,909.13 27,769.85 9,138.20 2,851.09 12,091.68 534.84 2,661.79 12,421.08 8,203.23 12,782.51 11,088.33 9,529.41 12,804.26 9,665.74 9,707.59 5,847.26 21,146.64 19,499.15 2,137.67 4,725.18 0.00 0.00 482,838.66 106,215,228 160,112 322,726.29 Pinnacle Actuarial Resources, Inc. Page 4 Exhibit 28.3 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of SpecialProtection Reclamation Office of Special Reclamation Reclamation ExpendituresReclamation Calculation Expenditures Calculation Land, for Forfeitures Occurring Land, after for Forfeitures June 30, 2017 Occurring after June 30, 2017 Other Other June 30, 2017 June 30, 2017 As of Fiscal Year End 2019 Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Mine Status (3) Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Adjusted Permit Count (19) Adjusted Acres (20) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.00 1.00 0.00 1.00 2.91 5.82 2.91 10.67 0.97 2.90 1.93 0.97 4.83 4.83 2.90 2.90 3.86 5.79 4.83 1.93 2.90 2.84 0.00 1.93 1.93 1.93 2.90 1.93 0.00 0.00 1.91 0.97 0.97 0.00 0.98 0.99 0.99 0.99 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 280.87 51.94 0.00 9.74 456.10 1,125.56 46.80 1,662.02 25.22 381.77 592.60 19.48 475.44 677.91 350.90 48.51 207.41 862.97 746.08 165.29 225.20 85.84 0.00 225.60 457.73 182.68 103.95 29.68 0.00 0.00 51.41 114.67 9.54 0.00 130.46 65.27 188.82 56.36 0.00 0.00 0.00 0.00 90.03 10,113.82 Forfeiture Rate (21) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% 0.000% Adjustment Factor Permit Bond Size (22) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.02 1.25 0.00 1.25 0.54 0.35 1.25 0.50 1.25 0.45 0.41 1.25 0.55 0.44 0.50 1.25 1.17 0.52 0.41 1.06 1.02 1.23 0.00 0.63 0.25 0.43 1.25 1.25 0.00 0.00 1.25 1.00 1.25 0.00 1.00 1.00 1.00 1.25 0.00 0.00 0.00 0.00 Release Rate (23) 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 5.000% 5.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 4.000% 4.000% 3.000% 3.000% 3.000% 2.000% 1.000% 1.000% 0.500% 0.500% 0.000% 0.000% Forfeited Permit Count (24) Released Permit Count (25) Forfeited Acres (26) Released Acres (27) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.02 0.02 0.01 0.01 0.02 0.03 0.02 0.01 0.01 0.01 0.00 0.01 0.01 0.01 0.01 0.01 0.00 0.00 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.17 0.09 0.32 0.03 0.09 0.06 0.03 0.14 0.14 0.09 0.09 0.12 0.17 0.14 0.06 0.09 0.09 0.00 0.10 0.06 0.06 0.09 0.06 0.00 0.00 0.08 0.04 0.03 0.00 0.03 0.02 0.01 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.03 0.01 0.00 0.00 0.02 0.04 0.01 0.08 0.00 0.02 1.20 0.12 1.31 1.48 0.88 0.30 1.21 2.26 1.51 0.88 1.15 0.53 0.00 0.71 0.57 0.39 0.65 0.19 0.00 0.00 0.32 0.57 0.06 0.00 0.65 0.33 0.94 0.35 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.28 0.05 0.00 0.01 0.46 33.77 1.40 49.86 0.76 11.45 17.78 0.58 14.26 20.34 10.53 1.46 6.22 25.89 22.38 4.96 6.76 2.58 0.00 11.28 13.73 5.48 3.12 0.89 0.00 0.00 2.06 4.59 0.29 0.00 3.91 1.31 1.89 0.56 0.00 0.00 0.00 0.00 0.30 2.49 18.78 280.87 Avg Recl Cost per Acre (28) $9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 Adjustment Factor Permit Status (29) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (30) Adjustment Current Security Amount (31) Forfeited Security Amount (32) Net Cost (33) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 260.93 59.08 0.00 11.08 225.99 361.88 53.23 756.17 28.68 156.86 10,954.71 1,107.78 11,899.72 13,450.84 7,986.00 2,758.75 11,043.42 20,584.51 13,767.43 7,972.87 10,455.03 4,818.36 0.00 6,422.11 5,206.73 3,575.27 5,912.16 1,688.25 0.00 0.00 2,923.78 5,217.53 542.65 0.00 5,936.15 2,969.61 8,591.51 3,205.40 0.00 0.00 0.00 0.00 $0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 283,971 51,994 0 9,999 934,009 3,101,370 84,509 11,348,948 58,233 1,205,672 2,260,179 20,869 1,103,397 2,206,538 1,166,196 53,663 295,302 4,977,558 2,300,326 500,453 232,806 268,335 0 1,189,707 1,615,798 917,842 123,225 31,800 0 0 112,652 397,841 9,938 0 136,315 229,328 314,937 56,644 0 0 0 0 $0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 29 6 0 1 51 110 11 567 7 54 4,591 130 3,035 4,811 2,917 335 1,728 13,047 4,665 2,653 1,188 1,655 0 3,722 2,020 1,974 770 199 0 0 704 1,989 62 0 682 1,147 1,575 354 0 0 0 0 $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 231.94 52.58 0.00 9.83 175.14 252.30 42.67 188.76 21.40 102.43 6,363.36 977.35 8,864.92 8,639.70 5,069.42 2,423.36 9,315.58 7,537.23 9,102.84 5,320.19 9,267.31 3,163.21 0.00 2,700.45 3,186.98 1,601.30 5,142.00 1,489.50 0.00 0.00 2,219.71 3,228.32 480.54 0.00 5,254.57 1,822.97 7,016.83 2,851.38 0.00 0.00 0.00 0.00 170,904.46 37,600,351 56,788 114,116.06 Pinnacle Actuarial Resources, Inc. Page 5 Exhibit 28.3 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of SpecialProtection Reclamation Office of Special Reclamation Reclamation ExpendituresReclamation Calculation Expenditures Calculation Land, for Forfeitures Occurring Land, after for Forfeitures June 30, 2017 Occurring after June 30, 2017 Other Other June 30, 2017 June 30, 2017 As of Fiscal Year End 2019 Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Mine Status (3) Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Adjusted Permit Count (19) Adjusted Acres (20) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.00 1.00 0.00 1.00 0.00 0.00 2.00 1.00 1.94 19.40 8.73 26.19 5.82 6.76 3.86 1.93 0.97 1.93 0.97 2.90 0.00 0.97 0.97 0.00 1.93 0.00 0.95 0.97 0.97 0.97 0.00 0.00 0.00 0.00 0.00 0.00 0.97 0.97 1.95 0.00 1.97 0.99 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 8.99 26.97 0.00 33.96 0.00 0.00 58.62 9.99 977.55 1,835.81 444.09 2,985.70 462.32 383.90 236.67 263.25 13.49 47.75 52.04 316.46 0.00 99.34 58.87 0.00 176.86 0.00 100.17 173.41 85.77 16.06 0.00 0.00 0.00 0.00 0.00 0.00 3.47 28.77 40.94 0.00 6.64 0.99 0.00 0.00 0.00 0.00 101.91 8,948.83 Forfeiture Rate (21) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% 0.000% Adjustment Factor Permit Bond Size (22) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.25 1.25 0.00 1.25 0.00 0.00 1.25 1.25 1.25 1.00 1.25 0.70 0.77 1.18 1.04 0.43 1.25 1.03 1.25 0.54 0.00 1.00 1.00 0.00 1.04 0.00 1.00 0.25 1.25 1.25 0.00 0.00 0.00 0.00 0.00 0.00 1.25 1.25 1.01 0.00 1.25 1.25 0.00 0.00 0.00 0.00 Release Rate (23) 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 5.000% 5.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 4.000% 4.000% 3.000% 3.000% 3.000% 2.000% 1.000% 1.000% 0.500% 0.500% 0.000% 0.000% Forfeited Permit Count (24) Released Permit Count (25) Forfeited Acres (26) Released Acres (27) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.01 0.00 0.01 0.00 0.01 0.00 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.58 0.26 0.79 0.17 0.20 0.12 0.06 0.03 0.06 0.03 0.09 0.00 0.03 0.03 0.00 0.06 0.00 0.05 0.05 0.03 0.03 0.00 0.00 0.00 0.00 0.00 0.00 0.03 0.03 0.06 0.00 0.02 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.12 0.18 0.06 0.21 0.04 0.05 1.23 0.57 0.08 0.25 0.33 0.86 0.00 0.50 0.29 0.00 0.92 0.00 0.50 0.22 0.54 0.10 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.18 0.21 0.00 0.04 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.03 0.00 0.03 0.00 0.00 0.06 0.01 0.98 55.07 13.32 89.57 13.87 11.52 7.10 7.90 0.40 1.43 1.56 9.49 0.00 2.98 1.77 0.00 5.31 0.00 5.01 8.67 2.57 0.48 0.00 0.00 0.00 0.00 0.00 0.00 0.10 0.86 1.23 0.00 0.07 0.01 0.00 0.00 0.00 0.00 0.14 2.81 7.50 241.42 Avg Recl Cost per Acre (28) $9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 Adjustment Factor Permit Status (29) 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 Gross Cost (30) Adjustment Current Security Amount (31) Forfeited Security Amount (32) Net Cost (33) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5.11 15.34 0.00 19.32 0.00 0.00 33.34 5.68 555.98 831.56 252.57 946.83 162.53 205.88 5,592.65 2,598.14 383.69 1,115.70 1,479.96 3,893.96 0.00 2,259.92 1,339.18 0.00 4,194.66 0.00 2,278.87 986.25 2,439.19 456.59 0.00 0.00 0.00 0.00 0.00 0.00 98.66 818.09 944.46 0.00 188.83 28.12 0.00 0.00 0.00 0.00 $0 0 0 0 0 0 0 0 0 0 0 9,999 26,997 0 33,996 0 0 47,994 9,999 19,998 3,502,060 289,444 9,967,485 1,424,410 713,196 642,744 804,691 13,913 147,240 30,409 898,508 0 102,485 165,090 0 518,881 0 354,379 743,709 36,650 16,894 0 0 0 0 0 0 7,950 88,245 129,898 0 19,875 9,938 0 0 0 0 $0 0 0 0 0 0 0 0 0 0 0 1 3 0 4 0 0 6 1 2 349 36 695 110 84 3,338 1,745 87 756 190 2,430 0 512 825 0 2,705 0 1,772 930 229 106 0 0 0 0 0 0 50 552 659 0 124 62 0 0 0 0 $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.86 11.96 0.00 15.07 0.00 0.00 27.34 4.43 553.48 482.92 216.39 252.12 52.48 121.82 2,254.49 852.67 296.74 359.60 1,289.90 1,464.09 0.00 1,747.49 513.73 0.00 1,490.00 0.00 506.97 56.61 2,210.13 351.01 0.00 0.00 0.00 0.00 0.00 0.00 48.98 266.56 285.81 0.00 64.62 0.00 0.00 0.00 0.00 0.00 34,131.07 20,777,074 18,364 15,801.29 Pinnacle Actuarial Resources, Inc. Page 6 Exhibit 28.3 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of SpecialProtection Reclamation Office of Special Reclamation Reclamation ExpendituresReclamation Calculation Expenditures Calculation Land, for Forfeitures Occurring Land, after for Forfeitures June 30, 2017 Occurring after June 30, 2017 Other Other June 30, 2017 June 30, 2017 As of Fiscal Year End 2020 Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Mine Status (3) Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Adjusted Permit Count (34) Adjusted Acres (35) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.00 1.00 0.00 2.00 2.00 1.00 1.00 4.99 10.66 25.40 14.11 26.34 8.47 8.42 9.31 3.72 5.59 9.31 2.79 3.72 6.52 8.38 7.45 5.59 2.79 7.30 3.57 0.91 3.72 3.72 3.72 8.38 3.72 3.69 6.38 4.61 7.45 2.79 5.65 2.88 10.67 10.73 2.94 4.95 7.00 2.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 19.96 28.46 0.00 34.00 124.72 64.85 12.73 139.53 533.55 2,856.27 1,631.68 2,700.66 1,410.22 1,360.16 1,043.00 98.05 290.23 326.07 52.15 152.72 826.94 1,209.70 1,021.05 1,532.89 1,111.82 1,062.76 1,036.40 53.39 409.19 22.74 651.26 1,031.32 350.05 573.30 274.59 219.75 557.09 254.71 807.59 113.08 768.10 827.95 43.65 167.55 170.63 65.90 278.35 28,042.42 Forfeiture Rate (36) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% Adjustment Factor Permit Bond Size (37) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.25 1.25 0.00 1.25 1.25 1.25 1.25 1.25 1.09 0.52 0.57 0.64 0.44 0.56 0.53 1.06 1.10 1.25 1.25 1.17 0.54 0.55 0.45 0.31 0.30 0.73 0.30 1.25 0.80 1.22 0.31 0.54 0.77 0.59 1.11 1.13 0.72 1.01 0.53 1.25 0.79 0.76 1.25 1.12 0.44 1.20 Release Rate (38) 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 5.000% 5.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 4.000% 4.000% 3.000% 3.000% 3.000% 2.000% 1.000% 1.000% 0.500% 0.500% 0.000% Forfeited Permit Count (39) Released Permit Count (40) Forfeited Acres (41) Released Acres (42) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.03 0.05 0.01 0.02 0.03 0.04 0.04 0.03 0.01 0.04 0.02 0.00 0.02 0.02 0.02 0.04 0.02 0.02 0.03 0.02 0.04 0.01 0.03 0.01 0.05 0.05 0.01 0.02 0.04 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.03 0.42 0.79 0.25 0.25 0.28 0.11 0.17 0.28 0.08 0.11 0.20 0.25 0.22 0.17 0.08 0.22 0.11 0.05 0.19 0.11 0.11 0.25 0.11 0.11 0.19 0.18 0.30 0.08 0.17 0.09 0.21 0.11 0.03 0.02 0.04 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.01 0.00 0.02 0.06 0.15 0.09 0.17 0.06 0.08 0.06 0.52 1.60 2.04 0.33 0.89 2.22 3.35 2.29 2.38 1.67 3.88 1.55 0.33 1.63 0.14 1.00 2.79 1.35 1.70 1.53 1.24 2.00 1.29 2.15 0.71 3.02 3.13 0.27 0.94 0.38 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.03 0.00 0.03 0.12 0.06 0.01 0.14 0.53 2.86 48.95 81.02 42.31 40.80 31.29 2.94 8.71 9.78 1.56 4.58 24.81 36.29 30.63 45.99 33.35 31.88 31.09 2.67 20.46 0.68 19.54 30.94 10.50 17.20 8.24 8.79 22.28 7.64 24.23 3.39 15.36 8.28 0.44 0.84 0.85 0.00 0.81 6.40 49.02 712.14 Avg Recl Cost per Acre (43) $9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 Adjustment Factor Permit Status (44) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (45) Adjustment Current Security Amount (46) Forfeited Security Amount (47) Net Cost (48) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 22.70 32.37 0.00 38.68 141.87 73.77 14.48 158.71 528.61 1,347.23 852.58 1,580.92 563.32 699.15 506.97 4,732.58 14,573.12 18,545.20 2,966.20 8,108.95 20,158.47 30,491.93 20,870.21 21,679.29 15,205.14 35,323.79 14,081.54 3,036.55 14,818.13 1,266.62 9,070.87 25,403.31 12,248.98 15,457.35 13,927.61 11,278.92 18,173.77 11,726.78 19,556.60 6,431.61 27,502.64 28,448.45 2,482.65 8,567.85 3,425.51 0.00 $0 0 0 0 0 0 0 0 0 0 0 19,995 28,993 0 20,495 124,969 64,984 12,997 148,963 904,443 14,208,874 5,152,013 7,344,175 6,052,429 4,555,340 3,264,334 233,305 312,522 358,477 61,227 221,591 3,174,205 3,810,065 3,258,293 8,341,603 6,504,934 2,396,160 3,817,136 58,265 812,852 126,550 4,373,648 5,099,640 1,159,265 1,077,427 625,212 403,529 1,667,976 489,093 3,938,753 120,480 1,707,384 2,466,051 59,343 696,265 6,583,600 197,260 $0 0 0 0 0 0 0 0 0 0 0 2 4 0 3 16 8 2 19 98 736 296 472 266 257 174 1,237 1,724 2,240 383 1,293 8,503 10,554 7,319 12,964 9,776 8,752 5,699 364 3,235 774 6,694 13,804 4,458 3,192 3,485 2,276 5,980 2,475 10,481 753 6,718 9,311 371 3,913 14,524 0 $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 20.20 28.74 0.00 36.12 126.25 65.65 12.86 140.09 430.14 610.75 556.76 1,108.49 297.64 441.84 332.61 3,495.14 12,848.68 16,304.72 2,583.53 6,815.98 11,655.41 19,938.41 13,551.61 8,715.22 5,429.26 26,571.80 8,382.25 2,672.40 11,583.38 492.14 2,376.73 11,599.59 7,791.34 12,265.11 10,442.82 9,002.93 12,194.20 9,252.26 9,075.25 5,678.61 20,784.52 19,137.07 2,111.76 4,655.33 0.00 0.00 446,121.98 106,055,115 165,605 291,615.55 Pinnacle Actuarial Resources, Inc. Page 7 Exhibit 28.3 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of SpecialProtection Reclamation Office of Special Reclamation Reclamation ExpendituresReclamation Calculation Expenditures Calculation Land, for Forfeitures Occurring Land, after for Forfeitures June 30, 2017 Occurring after June 30, 2017 Other Other June 30, 2017 June 30, 2017 As of Fiscal Year End 2020 Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Mine Status (3) Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Adjusted Permit Count (34) Adjusted Acres (35) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.99 1.00 0.00 1.00 2.91 5.64 2.82 10.35 0.94 2.81 1.86 0.93 4.66 4.66 2.79 2.79 3.72 5.59 4.66 1.86 2.79 2.74 0.00 1.82 1.86 1.86 2.79 1.86 0.00 0.00 1.82 0.92 0.93 0.00 0.94 0.96 0.97 0.98 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 280.56 51.88 0.00 9.73 455.62 1,091.75 45.39 1,612.08 24.46 370.30 573.62 18.77 459.87 656.09 339.50 46.75 199.97 834.82 722.19 159.46 217.29 82.74 0.00 213.61 443.43 176.81 100.18 28.61 0.00 0.00 49.03 109.51 9.20 0.00 125.90 63.63 185.99 55.44 0.00 0.00 0.00 0.00 87.24 9,814.17 Forfeiture Rate (36) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% Adjustment Factor Permit Bond Size (37) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.02 1.25 0.00 1.25 0.54 0.35 1.25 0.50 1.25 0.45 0.41 1.25 0.55 0.44 0.50 1.25 1.17 0.52 0.41 1.06 1.02 1.23 0.00 0.63 0.25 0.43 1.25 1.25 0.00 0.00 1.25 1.00 1.25 0.00 1.00 1.00 1.00 1.25 0.00 0.00 0.00 0.00 Release Rate (38) 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 5.000% 5.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 4.000% 4.000% 3.000% 3.000% 3.000% 2.000% 1.000% 1.000% 0.500% 0.500% 0.000% Forfeited Permit Count (39) Released Permit Count (40) Forfeited Acres (41) Released Acres (42) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.02 0.01 0.01 0.02 0.03 0.02 0.01 0.01 0.01 0.00 0.01 0.01 0.01 0.01 0.01 0.00 0.00 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.08 0.31 0.03 0.08 0.06 0.03 0.14 0.14 0.08 0.08 0.11 0.17 0.14 0.06 0.08 0.08 0.00 0.09 0.09 0.06 0.08 0.06 0.00 0.00 0.05 0.04 0.04 0.00 0.03 0.03 0.02 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.03 0.01 0.00 0.00 0.02 0.04 0.01 0.08 0.00 0.02 0.02 0.12 1.26 1.43 0.85 0.29 1.17 2.19 1.46 0.85 1.11 0.51 0.00 0.67 0.55 0.38 0.63 0.18 0.00 0.00 0.31 0.55 0.06 0.00 0.63 0.32 0.93 0.35 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.28 0.05 0.00 0.01 0.46 1.09 1.36 48.36 0.73 11.11 17.21 0.56 13.80 19.68 10.18 1.40 6.00 25.04 21.67 4.78 6.52 2.48 0.00 10.68 22.17 5.30 3.01 0.86 0.00 0.00 1.47 4.38 0.37 0.00 3.78 1.91 3.72 0.55 0.00 0.00 0.00 0.00 0.28 2.29 17.01 250.99 Avg Recl Cost per Acre (43) $9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 Adjustment Factor Permit Status (44) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (45) Adjustment Current Security Amount (46) Forfeited Security Amount (47) Net Cost (48) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 260.64 59.02 0.00 11.07 225.75 351.01 51.63 733.45 27.82 152.15 212.08 1,067.62 11,509.99 13,017.99 7,726.44 2,658.75 10,647.50 19,913.02 13,326.49 7,691.43 10,088.04 4,644.08 0.00 6,080.92 5,044.02 3,460.32 5,697.84 1,627.05 0.00 0.00 2,788.56 4,982.74 522.98 0.00 5,728.38 2,895.37 8,462.64 3,153.32 0.00 0.00 0.00 0.00 $0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 283,942 51,987 0 9,998 933,958 3,101,261 84,499 11,348,380 58,225 1,205,617 2,255,588 20,738 1,100,362 2,201,727 1,163,280 53,327 293,574 4,964,511 2,295,661 497,800 231,618 266,679 0 1,185,985 1,613,778 915,868 122,455 31,601 0 0 111,947 395,852 9,875 0 135,633 228,181 313,363 56,290 0 0 0 0 $0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 29 6 0 1 51 110 11 567 7 54 92 130 3,026 4,801 2,909 333 1,718 13,013 4,655 2,639 1,182 1,645 0 3,710 2,017 1,970 765 198 0 0 700 1,979 62 0 678 1,141 1,567 352 0 0 0 0 $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 231.65 52.52 0.00 9.82 174.90 241.44 41.07 166.07 20.54 97.72 120.44 938.01 8,483.55 8,217.34 4,817.16 2,325.45 8,929.77 6,899.94 8,671.36 5,052.80 8,906.38 2,999.15 0.00 2,370.90 3,026.80 1,490.60 4,932.50 1,429.54 0.00 0.00 2,088.88 3,003.48 461.26 0.00 5,050.21 1,754.46 6,895.83 2,801.51 0.00 0.00 0.00 0.00 154,820.09 37,543,563 52,117 102,703.01 Pinnacle Actuarial Resources, Inc. Page 8 Exhibit 28.3 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of SpecialProtection Reclamation Office of Special Reclamation Reclamation ExpendituresReclamation Calculation Expenditures Calculation Land, for Forfeitures Occurring Land, after for Forfeitures June 30, 2017 Occurring after June 30, 2017 Other Other June 30, 2017 June 30, 2017 As of Fiscal Year End 2020 Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Mine Status (3) Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Adjusted Permit Count (34) Adjusted Acres (35) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.00 1.00 0.00 1.00 0.00 0.00 2.00 1.00 1.94 18.81 8.47 25.40 5.64 6.55 3.72 1.86 0.93 1.86 0.93 2.79 0.00 0.93 0.93 0.00 1.86 0.00 0.89 0.91 0.93 0.93 0.00 0.00 0.00 0.00 0.00 0.00 0.93 0.93 1.88 0.00 1.94 0.98 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 8.98 26.94 0.00 33.92 0.00 0.00 58.56 9.98 976.45 1,780.55 430.71 2,895.92 448.42 372.34 228.34 254.78 13.00 46.07 50.16 306.11 0.00 95.86 56.80 0.00 170.64 0.00 94.66 164.52 82.66 15.47 0.00 0.00 0.00 0.00 0.00 0.00 3.34 27.73 39.50 0.00 6.53 0.97 0.00 0.00 0.00 0.00 98.96 8,699.92 Forfeiture Rate (36) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% Adjustment Factor Permit Bond Size (37) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.25 1.25 0.00 1.25 0.00 0.00 1.25 1.25 1.25 1.00 1.25 0.70 0.77 1.18 1.04 0.43 1.25 1.03 1.25 0.54 0.00 1.00 1.00 0.00 1.04 0.00 1.00 0.25 1.25 1.25 0.00 0.00 0.00 0.00 0.00 0.00 1.25 1.25 1.01 0.00 1.25 1.25 0.00 0.00 0.00 0.00 Release Rate (38) 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 5.000% 5.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 4.000% 4.000% 3.000% 3.000% 3.000% 2.000% 1.000% 1.000% 0.500% 0.500% 0.000% Forfeited Permit Count (39) Released Permit Count (40) Forfeited Acres (41) Released Acres (42) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.01 0.00 0.01 0.00 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.25 0.76 0.17 0.20 0.11 0.06 0.03 0.06 0.03 0.08 0.00 0.03 0.03 0.00 0.06 0.00 0.03 0.05 0.05 0.03 0.00 0.00 0.00 0.00 0.00 0.00 0.04 0.03 0.06 0.00 0.04 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.12 0.18 0.05 0.20 0.03 0.04 0.02 0.55 0.08 0.24 0.31 0.83 0.00 0.48 0.28 0.00 0.89 0.00 0.47 0.21 0.52 0.10 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.17 0.20 0.00 0.04 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.03 0.00 0.03 0.00 0.00 0.06 0.01 0.98 1.78 12.92 86.88 13.45 11.17 6.85 7.64 0.39 1.38 1.50 9.18 0.00 2.88 1.70 0.00 5.12 0.00 2.84 8.23 4.13 0.46 0.00 0.00 0.00 0.00 0.00 0.00 0.13 0.83 1.19 0.00 0.13 0.01 0.00 0.00 0.00 0.00 0.12 2.20 6.07 181.92 Avg Recl Cost per Acre (43) $9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 9,100.00 Adjustment Factor Permit Status (44) 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 Gross Cost (45) Adjustment Current Security Amount (46) Forfeited Security Amount (47) Net Cost (48) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5.11 15.32 0.00 19.29 0.00 0.00 33.30 5.67 555.35 806.53 244.97 918.35 157.64 199.68 107.92 2,514.56 369.78 1,076.50 1,426.31 3,766.61 0.00 2,180.82 1,292.31 0.00 4,046.95 0.00 2,153.53 935.70 2,350.77 440.04 0.00 0.00 0.00 0.00 0.00 0.00 95.09 788.43 911.34 0.00 185.77 27.66 0.00 0.00 0.00 0.00 $0 0 0 0 0 0 0 0 0 0 0 9,998 26,993 0 33,992 0 0 47,988 9,998 19,995 3,501,712 289,408 9,966,791 1,424,300 713,112 639,406 802,945 13,826 146,484 30,219 896,078 0 101,973 164,265 0 516,177 0 352,607 742,780 36,420 16,788 0 0 0 0 0 0 7,900 87,693 129,239 0 19,751 9,875 0 0 0 0 $0 0 0 0 0 0 0 0 0 0 0 1 3 0 4 0 0 6 1 2 349 36 695 110 84 66 1,742 86 752 189 2,423 0 510 821 0 2,691 0 1,763 928 228 105 0 0 0 0 0 0 49 548 655 0 123 62 0 0 0 0 $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.86 11.95 0.00 15.05 0.00 0.00 27.31 4.43 552.85 457.92 208.79 223.70 47.60 115.63 41.50 772.88 283.37 324.29 1,237.44 1,343.31 0.00 1,670.96 470.98 0.00 1,356.40 0.00 390.49 7.23 2,123.14 335.12 0.00 0.00 0.00 0.00 0.00 0.00 45.71 240.35 256.03 0.00 62.32 0.00 0.00 0.00 0.00 0.00 27,631.33 20,758,711 15,035 12,630.60 Pinnacle Actuarial Resources, Inc. Page 9 Exhibit 28.4 West Virginia Department of Environmental Protection Office of Special Reclamation Reclamation Expenditures Calculation Land, for Forfeitures Occurring after June 30, 2017 June 30, 2017 Footnotes for Exhibits 28.1 through 28.3: (1) - (5) Client data (6) Exhibit 23.1 Cols (1), (3), and (5) (7) Exhibit 22.2 Col (1) adjusted for current acreage distribution by year (8) Exhibit 23.1 Cols (2), (4), and (6) (9) Col (4) x Col (6) (10) Col (4) x Col (8) (11) Col (5) x Col (6) x Col (7) (12) Col (5) x Col (8) (13) Exhibit 13.1 Col (1) (14) Exhibit 22.1 Col (3) (15) Col (11) x Col (13) x Col (14) (16) Client data (17) [Col (11) / Col (5)] x Col (16) (18) Maximum of Zero and Col (15) - Col (17) (19) Col (4) - [Col (9) + Col (10)] (20) Col (5) - [Col (11) + Col (12)] (21) Exhibit 23.1 Cols (1), (3), and (5) (22) Col (7) (23) Exhibit 23.1 Cols (2), (4), and (6) (24) Col (19) x Col (21) (25) Col (19) x Col (23) (26) Col (20) x Col (21) x Col (22) (27) Col (20) x Col (23) (28) Col (13) (29) Col (14) (30) Col (26) x Col (28) x Col (29) (31) Col (16) - Col (17) (32) [Col (26) / Col (20)] x Col (31) (33) Maximum of Zero and Col (30) - Col (32) (34) Col (19) - [Col (24) + Col (25)] (35) Col (20) - [Col (26) + Col (27)] (36) Exhibit 23.1 Cols (1), (3), and (5) (37) Col (7) (38) Exhibit 23.1 Cols (2), (4), and (6) (39) Col (34) x Col (36) (40) Col (34) x Col (28) (41) Col (35) x Col (36) x Col (37) (42) Col (35) x Col (28) (43) Col (13) (44) Col (14) (45) Col (41) x Col (43) x Col (44) (46) Col (31) - Col (32) (47) [Col (41) / Col (35)] x Col (46) (48) Maximum of Zero and Col (45) - Col (47) Same calculations continue for fiscal years 2021 through 2052 Pinnacle Actuarial Resources, Inc. Exhibit 29.1 West Virginia Department of Environmental Protection Office of Special Reclamation Estimated Reclamation Expenditures Water Capital - Total, for Forfeitures Occurring after June 30, 2017 June 30, 2017 Fiscal Year Ending 6/30 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 Footnotes: (1) (2) (3) (4) (5) - (7) (8) Active (1) $2,527,453 2,486,774 2,381,285 2,255,250 2,110,027 1,950,299 1,829,809 1,721,596 1,609,738 1,489,427 1,373,578 1,282,482 1,182,168 1,064,416 987,014 897,218 822,724 723,465 657,078 553,345 476,129 413,926 361,080 309,494 257,495 218,346 177,621 145,378 93,784 58,615 38,261 20,654 12,396 11,393 11,154 Gross Liability Inactive Phase Released (2) (3) $971,896 890,142 824,518 768,365 710,344 665,883 595,499 546,393 476,850 433,043 361,743 293,138 254,895 220,297 207,133 173,921 153,144 126,223 109,447 82,939 71,956 58,636 44,397 32,737 24,536 21,419 16,865 9,948 6,772 4,792 4,677 4,567 4,463 4,364 4,271 $2,056,183 1,856,669 1,709,569 1,583,072 1,084,966 952,310 861,764 740,005 649,579 582,493 512,714 454,179 379,437 296,707 256,199 226,879 195,514 157,061 137,141 110,544 76,835 67,998 50,606 40,845 28,883 21,522 17,126 13,428 10,261 8,924 8,262 7,448 7,218 6,997 6,786 Total (4) $5,555,531 5,233,585 4,915,373 4,606,687 3,905,336 3,568,492 3,287,072 3,007,994 2,736,166 2,504,963 2,248,036 2,029,798 1,816,499 1,581,420 1,450,345 1,298,018 1,171,382 1,006,749 903,666 746,828 624,920 540,560 456,083 383,077 310,914 261,286 211,612 168,753 110,817 72,331 51,200 32,669 24,077 22,754 22,211 Active (5) $0 0 0 1,263,727 2,507,114 2,434,030 2,318,267 3,237,651 1,950,299 1,829,809 1,721,596 1,609,738 1,489,427 1,373,578 1,282,482 1,182,168 1,064,416 987,014 897,218 822,724 723,465 657,078 553,345 476,129 413,926 361,080 309,494 257,495 218,346 177,621 145,378 93,784 58,615 38,261 20,654 Gross Liability - Three Year Delay Inactive Phase Released (6) (7) $0 0 0 485,948 931,019 857,330 796,442 1,094,527 665,883 595,499 546,393 476,850 433,043 361,743 293,138 254,895 220,297 207,133 173,921 153,144 126,223 109,447 82,939 71,956 58,636 44,397 32,737 24,536 21,419 16,865 9,948 6,772 4,792 4,677 4,567 $0 0 0 1,028,091 1,956,426 1,783,119 1,646,321 1,876,502 952,310 861,764 740,005 649,579 582,493 512,714 454,179 379,437 296,707 256,199 226,879 195,514 157,061 137,141 110,544 76,835 67,998 50,606 40,845 28,883 21,522 17,126 13,428 10,261 8,924 8,262 7,448 Total (8) $0 0 0 2,777,766 5,394,558 5,074,479 4,761,030 6,208,680 3,568,492 3,287,072 3,007,994 2,736,166 2,504,963 2,248,036 2,029,798 1,816,499 1,581,420 1,450,345 1,298,018 1,171,382 1,006,749 903,666 746,828 624,920 540,560 456,083 383,077 310,914 261,286 211,612 168,753 110,817 72,331 51,200 32,669 Exhibit 29.2 Col (1) + Exhibit 29.3 Col (1) + Exhibit 29.4 Col (1) Exhibit 29.2 Col (2) + Exhibit 29.3 Col (2) + Exhibit 29.4 Col (2) Exhibit 29.2 Col (3) + Exhibit 29.3 Col (3) + Exhibit 29.4 Col (3) Col (1) + Col (2) + Col (3) Col (1), Col (2), and Col (3) delayed three years Col (5) + Col (6) + Col (7) Pinnacle Actuarial Resources, Inc. Exhibit 29.2 West Virginia Department of Environmental Protection Office of Special Reclamation Estimated Reclamation Expenditures Water Capital - Surface, for Forfeitures Occurring after June 30, 2017 June 30, 2017 Fiscal Year Ending 6/30 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 Footnotes: (1) - (3) (4) (5) - (7) (8) Active (1) $1,246,873 1,252,872 1,227,128 1,167,603 1,121,119 1,048,025 1,001,807 950,702 898,436 843,147 792,331 748,799 700,254 632,695 588,376 545,000 511,152 468,432 431,419 358,669 315,388 278,771 239,119 208,221 169,289 145,493 131,307 109,768 71,577 44,341 25,607 9,970 2,655 2,513 2,402 Gross Liability Inactive Phase Released (2) (3) $212,235 198,858 189,463 175,571 161,188 153,462 145,868 137,530 126,638 119,539 101,179 83,521 72,805 60,135 56,952 53,728 50,518 40,906 35,365 28,974 23,794 21,563 18,530 13,524 12,790 11,050 8,632 3,007 1,802 572 548 525 503 482 462 $1,261,090 1,134,652 1,046,297 962,636 858,165 744,336 680,290 601,093 535,903 485,606 435,431 385,308 321,277 258,216 226,250 205,226 176,486 141,122 123,313 97,694 66,722 59,723 42,645 33,762 23,400 16,365 12,308 8,733 5,723 4,503 3,947 3,236 3,104 2,978 2,858 Total (4) $2,720,198 2,586,381 2,462,888 2,305,811 2,140,472 1,945,822 1,827,964 1,689,325 1,560,977 1,448,292 1,328,941 1,217,628 1,094,336 951,047 871,578 803,954 738,155 650,459 590,096 485,337 405,905 360,057 300,294 255,506 205,479 172,908 152,247 121,508 79,101 49,416 30,102 13,731 6,262 5,973 5,721 Active (5) $0 0 0 623,437 1,249,872 1,240,000 1,197,366 1,704,920 1,048,025 1,001,807 950,702 898,436 843,147 792,331 748,799 700,254 632,695 588,376 545,000 511,152 468,432 431,419 358,669 315,388 278,771 239,119 208,221 169,289 145,493 131,307 109,768 71,577 44,341 25,607 9,970 Gross Liability - Three Year Delay Inactive Phase Released (6) (7) $0 0 0 106,117 205,546 194,160 182,517 248,974 153,462 145,868 137,530 126,638 119,539 101,179 83,521 72,805 60,135 56,952 53,728 50,518 40,906 35,365 28,974 23,794 21,563 18,530 13,524 12,790 11,050 8,632 3,007 1,802 572 548 525 $0 0 0 630,545 1,197,871 1,090,474 1,004,467 1,339,483 744,336 680,290 601,093 535,903 485,606 435,431 385,308 321,277 258,216 226,250 205,226 176,486 141,122 123,313 97,694 66,722 59,723 42,645 33,762 23,400 16,365 12,308 8,733 5,723 4,503 3,947 3,236 Total (8) $0 0 0 1,360,099 2,653,289 2,524,634 2,384,349 3,293,377 1,945,822 1,827,964 1,689,325 1,560,977 1,448,292 1,328,941 1,217,628 1,094,336 951,047 871,578 803,954 738,155 650,459 590,096 485,337 405,905 360,057 300,294 255,506 205,479 172,908 152,247 121,508 79,101 49,416 30,102 13,731 Exhibit 30.1 Col (12), Exhibit 30.1 Col (21), Exhibit 30.1 Col (30), etc. Col (1) + Col (2) + Col (3) Col (1) delayed three years Col (5) + Col (6) + Col (7) Pinnacle Actuarial Resources, Inc. Exhibit 29.3 West Virginia Department of Environmental Protection Office of Special Reclamation Estimated Reclamation Expenditures Water Capital - Underground, for Forfeitures Occurring after June 30, 2017 June 30, 2017 Fiscal Year Ending 6/30 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 Footnotes: (1) - (3) (4) (5) - (7) (8) Active (1) $979,546 957,995 899,230 841,428 758,442 688,822 623,380 577,263 533,778 488,503 437,886 404,399 363,306 330,821 306,575 264,414 231,901 178,514 154,568 133,667 105,233 85,788 77,737 61,184 53,815 42,170 21,132 12,451 5,612 4,163 3,192 3,057 2,929 2,808 2,691 Gross Liability Inactive Phase Released (2) (3) $654,203 593,624 546,587 507,955 473,278 445,825 389,184 351,760 299,868 273,716 227,920 181,223 158,588 139,203 129,958 102,844 87,638 71,952 62,821 43,501 37,999 27,202 16,991 11,835 4,679 3,480 2,799 2,253 2,158 2,068 1,982 1,900 1,822 1,748 1,677 $768,898 702,514 647,484 606,560 213,599 195,737 170,303 129,861 104,886 89,300 70,448 62,217 53,272 33,728 26,086 18,208 16,399 13,479 11,392 10,439 7,726 5,910 5,618 4,761 3,202 3,072 2,947 2,829 2,715 2,605 2,500 2,400 2,303 2,211 2,122 Total (4) $2,402,648 2,254,133 2,093,301 1,955,943 1,445,320 1,330,384 1,182,868 1,058,884 938,532 851,519 736,255 647,839 575,166 503,753 462,619 385,466 335,939 263,944 228,781 187,607 150,958 118,900 100,346 77,779 61,696 48,722 26,878 17,533 10,485 8,837 7,674 7,357 7,055 6,766 6,490 Active (5) $0 0 0 489,773 968,770 928,612 870,329 1,179,156 688,822 623,380 577,263 533,778 488,503 437,886 404,399 363,306 330,821 306,575 264,414 231,901 178,514 154,568 133,667 105,233 85,788 77,737 61,184 53,815 42,170 21,132 12,451 5,612 4,163 3,192 3,057 Gross Liability - Three Year Delay Inactive Phase Released (6) (7) $0 0 0 327,101 623,914 570,106 527,271 727,255 445,825 389,184 351,760 299,868 273,716 227,920 181,223 158,588 139,203 129,958 102,844 87,638 71,952 62,821 43,501 37,999 27,202 16,991 11,835 4,679 3,480 2,799 2,253 2,158 2,068 1,982 1,900 $0 0 0 384,449 735,706 674,999 627,022 516,879 195,737 170,303 129,861 104,886 89,300 70,448 62,217 53,272 33,728 26,086 18,208 16,399 13,479 11,392 10,439 7,726 5,910 5,618 4,761 3,202 3,072 2,947 2,829 2,715 2,605 2,500 2,400 Total (8) $0 0 0 1,201,324 2,328,390 2,173,717 2,024,622 2,423,291 1,330,384 1,182,868 1,058,884 938,532 851,519 736,255 647,839 575,166 503,753 462,619 385,466 335,939 263,944 228,781 187,607 150,958 118,900 100,346 77,779 61,696 48,722 26,878 17,533 10,485 8,837 7,674 7,357 Exhibit 30.2 Col (12), Exhibit 30.2 Col (21), Exhibit 30.2 Col (30), etc. Col (1) + Col (2) + Col (3) Col (1) delayed three years Col (5) + Col (6) + Col (7) Pinnacle Actuarial Resources, Inc. Exhibit 29.4 West Virginia Department of Environmental Protection Office of Special Reclamation Estimated Reclamation Expenditures Water Capital - Other, for Forfeitures Occurring after June 30, 2017 June 30, 2017 Fiscal Year Ending 6/30 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 Footnotes: (1) - (3) (4) (5) - (7) (8) Active (1) $301,034 275,908 254,927 246,219 230,465 213,452 204,622 193,631 177,524 157,776 143,361 129,285 118,608 100,899 92,062 87,805 79,671 76,519 71,092 61,009 55,508 49,367 44,224 40,089 34,391 30,682 25,182 23,158 16,595 10,111 9,462 7,627 6,811 6,072 6,061 Gross Liability Inactive Phase Released (2) (3) $105,458 97,660 88,469 84,839 75,877 66,596 60,447 57,102 50,343 39,788 32,644 28,394 23,501 20,959 20,224 17,348 14,988 13,365 11,262 10,464 10,162 9,871 8,876 7,379 7,067 6,888 5,434 4,688 2,812 2,152 2,147 2,142 2,138 2,135 2,132 $26,194 19,503 15,789 13,876 13,202 12,237 11,171 9,052 8,790 7,588 6,836 6,653 4,887 4,763 3,862 3,446 2,629 2,461 2,436 2,411 2,387 2,365 2,344 2,323 2,281 2,085 1,870 1,866 1,824 1,816 1,814 1,812 1,810 1,808 1,806 Total (4) $432,686 393,071 359,185 344,934 319,544 292,285 276,240 259,786 236,657 205,152 182,840 164,332 146,997 126,621 116,148 108,599 97,289 92,345 84,789 73,884 68,057 61,603 55,443 49,791 43,738 39,655 32,487 29,712 21,231 14,079 13,423 11,581 10,759 10,015 9,999 Active (5) $0 0 0 150,517 288,471 265,417 250,573 353,575 213,452 204,622 193,631 177,524 157,776 143,361 129,285 118,608 100,899 92,062 87,805 79,671 76,519 71,092 61,009 55,508 49,367 44,224 40,089 34,391 30,682 25,182 23,158 16,595 10,111 9,462 7,627 Gross Liability - Three Year Delay Inactive Phase Released (6) (7) $0 0 0 52,729 101,559 93,064 86,654 118,297 66,596 60,447 57,102 50,343 39,788 32,644 28,394 23,501 20,959 20,224 17,348 14,988 13,365 11,262 10,464 10,162 9,871 8,876 7,379 7,067 6,888 5,434 4,688 2,812 2,152 2,147 2,142 $0 0 0 13,097 22,849 17,646 14,833 20,140 12,237 11,171 9,052 8,790 7,588 6,836 6,653 4,887 4,763 3,862 3,446 2,629 2,461 2,436 2,411 2,387 2,365 2,344 2,323 2,281 2,085 1,870 1,866 1,824 1,816 1,814 1,812 Total (8) $0 0 0 216,343 412,878 376,128 352,059 492,011 292,285 276,240 259,786 236,657 205,152 182,840 164,332 146,997 126,621 116,148 108,599 97,289 92,345 84,789 73,884 68,057 61,603 55,443 49,791 43,738 39,655 32,487 29,712 21,231 14,079 13,423 11,581 Exhibit 30.3 Col (12), Exhibit 30.3 Col (21), Exhibit 30.3 Col (30), etc. Col (1) + Col (2) + Col (3) Col (1) delayed three years Col (5) + Col (6) + Col (7) Pinnacle Actuarial Resources, Inc. Exhibit 30.1 West Virginia Department of Environmental Protection Office of Special Reclamation Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Mine Status (3) Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Current Bonded Acres (4) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 475.23 70.00 180.00 0.00 2.50 1,666.76 0.00 666.47 904.60 1,194.95 299.96 336.46 1,373.36 0.00 96.43 726.00 342.25 176.19 0.00 981.28 3,594.61 1,204.44 1,868.36 620.83 1,884.74 1,137.84 5,838.52 1,967.21 2,555.92 2,705.22 2,737.05 3,284.20 2,376.88 523.42 1,617.17 4,551.37 2,918.41 2,617.01 1,826.09 788.61 2.00 56,112.34 Reclamation Expenditures Calculation Water Capital, for Forfeitures Occurring after June 30, 2017 Surface June 30, 2017 As of Fiscal Year End 2018 Adjustment Factor Forfeiture Permit Release Forfeited Released Rate Bond Size Rate Acres Acres (5) (6) (7) (8) (9) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.25 1.00 1.00 0.00 1.25 0.25 0.00 0.47 0.36 0.25 1.07 0.25 0.58 0.00 1.00 0.25 0.25 1.07 0.00 0.25 0.36 0.25 0.25 0.25 0.35 0.25 0.47 0.70 0.43 0.62 0.48 0.69 0.48 1.09 0.77 0.60 0.71 0.53 0.70 0.80 1.25 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.01 0.02 0.00 0.00 0.04 0.00 0.03 3.24 2.99 3.20 0.84 7.95 0.00 0.96 1.82 0.86 1.89 0.00 2.70 14.24 3.31 5.14 1.71 7.24 3.13 30.29 15.19 12.09 18.52 14.37 24.85 12.43 6.27 13.79 29.97 22.78 15.22 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 23.76 3.50 9.00 0.00 0.13 83.34 0.00 33.32 45.23 59.75 15.00 16.82 68.67 0.00 4.82 36.30 17.11 8.81 0.00 49.06 179.73 60.22 74.73 24.83 75.39 45.51 233.54 78.69 102.24 108.21 109.48 131.37 11.88 2.62 8.09 22.76 14.59 13.09 0.00 0.00 0.00 277.08 1,771.59 Pinnacle Actuarial Resources, Inc. Avg Recl Cost per Acre (10) $4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 Adjustment Factor Permit Status (11) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (12) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 53.46 31.50 81.00 0.00 1.41 187.51 0.00 139.78 14,564.25 13,443.19 14,420.25 3,785.18 35,780.43 0.00 4,339.35 8,167.50 3,850.31 8,502.30 0.00 12,143.34 64,075.99 14,904.95 23,120.96 7,682.77 32,579.30 14,080.77 136,296.50 68,358.58 54,402.55 83,317.65 64,657.95 111,829.73 55,942.51 28,205.30 62,037.44 134,879.48 102,527.16 68,482.78 0.00 0.00 0.00 1,246,873.12 Page 1 Exhibit 30.1 West Virginia Department of Environmental Protection Office of Special Reclamation Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Mine Status (3) Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Current Bonded Acres (4) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1,561.15 0.00 0.00 0.00 0.00 4.47 0.00 0.00 0.00 224.46 0.00 322.57 176.00 0.00 0.00 0.00 127.07 0.00 1,792.68 2,009.28 1,055.30 1,493.18 0.00 0.00 0.00 1,161.29 715.52 1,020.28 898.15 244.34 314.48 727.30 0.00 311.89 546.43 793.78 99.70 351.00 0.00 0.00 0.00 0.00 15,950.32 Reclamation Expenditures Calculation Water Capital, for Forfeitures Occurring after June 30, 2017 Surface June 30, 2017 As of Fiscal Year End 2018 Adjustment Factor Forfeiture Permit Release Forfeited Released Rate Bond Size Rate Acres Acres (5) (6) (7) (8) (9) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.48 0.00 0.00 0.00 0.00 1.00 0.00 0.00 0.00 0.25 0.00 0.36 1.00 0.00 0.00 0.00 1.00 0.00 0.25 0.25 0.25 0.25 0.00 0.00 0.00 0.28 0.25 0.25 0.25 0.25 0.42 0.41 0.00 0.25 0.25 0.54 1.02 0.25 0.00 0.00 0.00 0.00 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.08 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.56 0.00 1.15 1.76 0.00 0.00 0.00 1.27 0.00 4.48 5.53 2.90 4.11 0.00 0.00 0.00 3.60 1.97 2.81 2.47 0.67 1.45 3.24 0.00 0.86 1.50 4.68 1.11 0.97 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 78.06 0.00 0.00 0.00 0.00 0.22 0.00 0.00 0.00 11.22 0.00 16.13 8.80 0.00 0.00 0.00 6.35 0.00 89.63 100.46 52.77 74.66 0.00 0.00 0.00 46.45 28.62 40.81 35.93 9.77 12.58 29.09 0.00 1.56 2.73 3.97 0.50 1.76 0.00 0.00 0.00 0.00 47.16 652.08 Pinnacle Actuarial Resources, Inc. Avg Recl Cost per Acre (10) $4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 Adjustment Factor Permit Status (11) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (12) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 339.18 0.00 0.00 0.00 0.00 2.01 0.00 0.00 0.00 2,525.18 0.00 5,193.54 7,920.00 0.00 0.00 0.00 5,718.15 0.00 20,167.65 24,864.84 13,059.34 18,478.10 0.00 0.00 0.00 16,201.23 8,854.56 12,625.97 11,114.61 3,023.71 6,513.61 14,601.49 0.00 3,859.64 6,762.07 21,051.16 5,015.10 4,343.63 0.00 0.00 0.00 0.00 212,234.75 Page 2 Exhibit 30.1 West Virginia Department of Environmental Protection Office of Special Reclamation Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Mine Status (3) Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Current Bonded Acres (4) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 400.00 9.60 180.00 155.30 1,239.23 748.81 2,262.16 925.40 1,910.37 3,119.22 1,607.89 2,074.52 1,413.45 4,476.37 2,508.01 1,593.69 5,471.56 4,659.87 1,957.79 5,668.21 5,677.52 3,583.11 4,244.57 5,074.70 12,050.18 9,485.73 5,637.42 1,559.47 6,526.00 8,126.32 2,179.48 7,397.89 7,695.07 989.62 5,319.77 2,026.81 2,478.99 1,930.25 561.34 1,006.96 571.14 392.33 220.00 107.23 0.00 0.00 137,223.35 Reclamation Expenditures Calculation Water Capital, for Forfeitures Occurring after June 30, 2017 Surface June 30, 2017 As of Fiscal Year End 2018 Adjustment Factor Forfeiture Permit Release Forfeited Released Rate Bond Size Rate Acres Acres (5) (6) (7) (8) (9) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.25 1.25 1.25 1.25 0.93 0.46 0.55 0.67 0.69 0.52 0.87 0.54 0.38 0.66 0.50 0.78 0.54 0.89 0.75 0.46 0.40 0.39 0.37 0.43 0.29 0.44 0.28 0.52 0.27 0.34 0.53 0.31 0.43 0.45 0.36 0.49 0.55 0.47 1.08 0.47 0.82 0.39 0.25 1.00 0.00 0.00 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.05 0.00 0.02 0.02 0.12 0.03 0.12 0.06 0.13 0.16 0.14 0.11 0.05 29.55 12.50 12.44 29.62 41.59 14.64 26.17 22.49 13.93 15.59 24.10 38.92 45.65 17.48 8.90 19.62 30.84 12.79 24.82 36.39 4.87 21.20 10.85 15.04 10.08 6.70 5.24 5.16 1.69 0.61 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 16.00 0.38 7.20 6.21 61.96 37.44 113.11 46.27 95.52 155.96 80.39 103.73 70.67 223.82 125.40 79.68 273.58 232.99 97.89 283.41 283.88 179.16 212.23 253.74 602.51 474.29 281.87 62.38 261.04 325.05 87.18 295.92 307.80 39.58 212.79 81.07 99.16 9.65 2.81 5.03 2.86 1.96 1.10 0.00 0.00 0.00 560.48 6,194.67 Pinnacle Actuarial Resources, Inc. Avg Recl Cost per Acre (10) $4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 Adjustment Factor Permit Status (11) 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 Gross Cost (12) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 112.50 2.70 50.63 43.68 260.61 77.85 278.33 139.80 295.54 367.94 314.18 252.93 122.01 66,486.49 28,132.26 27,991.16 66,642.20 93,573.62 32,942.44 58,885.93 50,592.88 31,345.59 35,083.97 54,216.71 87,574.60 102,722.47 39,324.67 20,027.95 44,141.55 69,387.40 28,771.40 55,854.73 81,885.91 10,959.92 47,696.61 24,409.84 33,830.54 22,675.10 15,064.35 11,785.63 11,606.17 3,797.94 1,361.25 0.00 0.00 0.00 1,261,089.95 Page 3 Exhibit 30.1 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of Special Protection Reclamation Office of Special Reclamation Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Mine Status (3) Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Adjusted Acres (13) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 451.46 66.49 170.98 0.00 2.37 1,583.38 0.00 633.12 856.13 1,132.22 281.76 318.80 1,296.74 0.00 90.64 687.89 324.28 165.49 0.00 929.52 3,400.64 1,140.91 1,788.49 594.29 1,802.11 1,089.20 5,574.69 1,873.33 2,441.59 2,578.50 2,613.20 3,127.98 2,352.56 514.54 1,595.30 4,498.64 2,881.03 2,588.71 1,826.09 788.61 2.00 54,063.67 Reclamation Expenditures Reclamation CalculationExpenditures Calculation Water Capital, for Forfeitures WaterOccurring Capital, for after Forfeitures June 30,Occurring 2017 after June 30, 2017 Surface Surface June 30, 2017 June 30, 2017 As of Fiscal Year End 2019 Adjustment Factor Avg Recl Forfeiture Permit Release Forfeited Released Cost per Rate Bond Size Rate Acres Acres Acre (14) (15) (16) (17) (18) (19) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.25 1.00 1.00 0.00 1.25 0.25 0.00 0.47 0.36 0.25 1.07 0.25 0.58 0.00 1.00 0.25 0.25 1.07 0.00 0.25 0.36 0.25 0.25 0.25 0.35 0.25 0.47 0.70 0.43 0.62 0.48 0.69 0.48 1.09 0.77 0.60 0.71 0.53 0.70 0.80 1.25 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.01 0.02 0.00 0.00 0.04 0.00 0.03 0.03 2.83 3.01 0.80 7.51 0.00 0.91 1.72 0.81 1.77 0.00 2.56 13.47 3.14 4.92 1.63 6.92 3.00 28.92 14.47 11.55 17.65 13.72 23.67 12.30 6.16 13.60 29.63 22.49 15.05 14.08 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 22.57 3.32 8.55 0.00 0.12 79.17 0.00 31.66 42.81 56.61 14.09 15.94 64.84 0.00 4.53 34.39 16.21 8.27 0.00 46.48 170.03 57.05 89.42 23.77 72.08 43.57 222.99 74.93 97.66 103.14 104.53 125.12 94.10 2.57 7.98 22.49 14.41 12.94 9.13 0.00 0.00 278.42 1,797.48 Pinnacle Actuarial Resources, Inc. $4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 Adjustment Factor Permit Status (20) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (21) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 50.79 29.92 76.94 0.00 1.34 178.13 0.00 132.78 137.84 12,737.42 13,545.18 3,586.45 33,784.26 0.00 4,078.99 7,738.71 3,648.17 7,986.01 0.00 11,502.78 60,618.37 14,118.71 22,132.53 7,354.33 31,150.98 13,478.82 130,137.58 65,096.37 51,969.13 79,414.70 61,732.20 106,510.35 55,370.21 27,726.52 61,198.39 133,316.83 101,214.10 67,742.13 63,373.83 0.00 0.00 1,252,871.79 Page 4 Exhibit 30.1 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of Special Protection Reclamation Office of Special Reclamation Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Mine Status (3) Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Adjusted Acres (13) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1,483.02 0.00 0.00 0.00 0.00 4.25 0.00 0.00 0.00 212.68 0.00 305.29 165.44 0.00 0.00 0.00 119.45 0.00 1,698.56 1,903.29 999.63 1,414.41 0.00 0.00 0.00 1,111.24 684.93 976.66 859.75 233.89 300.45 694.96 0.00 309.47 542.20 785.13 98.09 348.28 0.00 0.00 0.00 0.00 15,251.08 Reclamation Expenditures Reclamation CalculationExpenditures Calculation Water Capital, for Forfeitures WaterOccurring Capital, for after Forfeitures June 30,Occurring 2017 after June 30, 2017 Surface Surface June 30, 2017 June 30, 2017 As of Fiscal Year End 2019 Adjustment Factor Avg Recl Forfeiture Permit Release Forfeited Released Cost per Rate Bond Size Rate Acres Acres Acre (14) (15) (16) (17) (18) (19) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.48 0.00 0.00 0.00 0.00 1.00 0.00 0.00 0.00 0.25 0.00 0.36 1.00 0.00 0.00 0.00 1.00 0.00 0.25 0.25 0.25 0.25 0.00 0.00 0.00 0.28 0.25 0.25 0.25 0.25 0.42 0.41 0.00 0.25 0.25 0.54 1.02 0.25 0.00 0.00 0.00 0.00 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.07 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 1.09 1.65 0.00 0.00 0.00 1.19 0.00 4.25 4.76 2.75 3.89 0.00 0.00 0.00 3.45 1.88 2.69 2.36 0.64 1.38 3.10 0.00 0.85 1.49 4.63 1.10 0.96 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 59.32 0.00 0.00 0.00 0.00 0.21 0.00 0.00 0.00 10.63 0.00 15.26 8.27 0.00 0.00 0.00 5.97 0.00 84.93 95.16 49.98 70.72 0.00 0.00 0.00 44.45 27.40 39.07 34.39 9.36 12.02 27.80 0.00 12.38 2.71 3.93 0.49 1.74 0.00 0.00 0.00 0.00 44.19 616.19 Pinnacle Actuarial Resources, Inc. $4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 Adjustment Factor Permit Status (20) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (21) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 322.20 0.00 0.00 0.00 0.00 1.91 0.00 0.00 0.00 23.93 0.00 4,915.28 7,444.80 0.00 0.00 0.00 5,375.06 0.00 19,108.85 21,412.02 12,370.46 17,503.38 0.00 0.00 0.00 15,502.95 8,476.03 12,086.20 10,639.46 2,894.44 6,223.09 13,952.29 0.00 3,829.73 6,709.67 20,821.84 4,933.96 4,309.96 0.00 0.00 0.00 0.00 198,857.51 Page 5 Exhibit 30.1 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of Special Protection Reclamation Office of Special Reclamation Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Mine Status (3) Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Adjusted Acres (13) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 383.95 9.21 172.78 149.07 1,177.15 711.33 2,148.93 879.07 1,814.72 2,963.10 1,527.36 1,970.68 1,342.72 4,223.00 2,370.11 1,501.56 5,168.36 4,385.29 1,845.26 5,358.63 5,371.16 3,390.02 4,016.75 4,796.87 11,408.75 8,965.79 5,338.07 1,488.19 6,245.34 7,770.43 2,079.51 7,077.15 7,350.87 945.16 5,085.78 1,934.89 2,364.79 1,910.52 551.84 996.69 563.13 388.68 218.30 107.23 0.00 0.00 130,468.19 Reclamation Expenditures Reclamation CalculationExpenditures Calculation Water Capital, for Forfeitures WaterOccurring Capital, for after Forfeitures June 30,Occurring 2017 after June 30, 2017 Surface Surface June 30, 2017 June 30, 2017 As of Fiscal Year End 2019 Adjustment Factor Avg Recl Forfeiture Permit Release Forfeited Released Cost per Rate Bond Size Rate Acres Acres Acre (14) (15) (16) (17) (18) (19) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.25 1.25 1.25 1.25 0.93 0.46 0.55 0.67 0.69 0.52 0.87 0.54 0.38 0.66 0.50 0.78 0.54 0.89 0.75 0.46 0.40 0.39 0.37 0.43 0.29 0.44 0.28 0.52 0.27 0.34 0.53 0.31 0.43 0.45 0.36 0.49 0.55 0.47 1.08 0.47 0.82 0.39 0.25 1.00 0.00 0.00 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.05 0.00 0.02 0.02 0.11 0.03 0.12 0.06 0.12 0.16 0.13 0.11 0.05 0.28 11.82 11.72 27.98 39.14 13.80 24.74 21.27 13.18 14.76 20.71 36.85 43.15 16.55 8.49 18.77 29.49 12.20 23.75 34.77 4.65 20.27 10.36 14.34 9.97 6.58 5.18 5.09 1.67 0.60 1.18 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 15.36 0.37 6.91 5.96 47.09 35.57 107.45 43.95 90.74 148.15 76.37 98.53 67.14 211.15 118.51 75.08 258.42 219.26 92.26 267.93 268.56 169.50 200.84 239.84 570.44 448.29 266.90 74.41 249.81 310.82 83.18 283.09 294.03 37.81 203.43 77.40 94.59 76.42 2.76 4.98 2.82 1.94 1.09 0.54 0.00 0.00 504.29 5,949.68 Pinnacle Actuarial Resources, Inc. $4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 Adjustment Factor Permit Status (20) 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 Gross Cost (21) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 107.99 2.59 48.59 41.93 247.56 73.96 264.39 132.80 280.74 349.52 298.44 240.27 115.91 627.23 26,585.40 26,373.10 62,949.34 88,059.81 31,048.96 55,669.74 47,862.86 29,656.43 33,200.89 46,589.49 82,913.01 97,091.94 37,236.51 19,112.52 42,243.19 66,348.58 27,451.74 53,433.11 78,223.20 10,467.58 45,598.68 23,302.79 32,272.12 22,443.34 14,809.35 11,665.40 11,443.32 3,762.61 1,350.70 2,653.94 0.00 0.00 1,134,651.57 Page 6 Exhibit 30.1 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of Special Protection Reclamation Office of Special Reclamation e 2017 Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Mine Status (3) Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Adjusted Acres (22) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 428.87 63.16 162.42 0.00 2.26 1,504.17 0.00 601.43 813.30 1,072.77 264.66 302.06 1,224.40 0.00 85.21 651.77 307.26 155.44 0.00 880.49 3,217.14 1,080.72 1,694.14 568.88 1,723.10 1,042.63 5,322.78 1,783.93 2,332.38 2,457.71 2,494.95 2,979.19 2,246.16 505.80 1,573.72 4,446.52 2,844.14 2,560.71 1,802.88 788.61 2.00 51,987.77 Reclamation Expenditures Reclamation CalculationExpenditures Calculation Water Capital, for Forfeitures WaterOccurring Capital, for after Forfeitures June 30,Occurring 2017 after June 30, 2017 Surface Surface June 30, 2017 June 30, 2017 As of Fiscal Year End 2020 Adjustment Factor Avg Recl Forfeiture Permit Release Forfeited Released Cost per Rate Bond Size Rate Acres Acres Acre (23) (24) (25) (26) (27) (28) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.25 1.00 1.00 0.00 1.25 0.25 0.00 0.47 0.36 0.25 1.07 0.25 0.58 0.00 1.00 0.25 0.25 1.07 0.00 0.25 0.36 0.25 0.25 0.25 0.35 0.25 0.47 0.70 0.43 0.62 0.48 0.69 0.48 1.09 0.77 0.60 0.71 0.53 0.70 0.80 1.25 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.01 0.02 0.00 0.00 0.04 0.00 0.03 0.03 0.03 2.83 0.76 7.09 0.00 0.85 1.63 0.77 1.67 0.00 2.20 12.74 2.97 4.66 1.56 6.62 2.87 27.61 13.78 11.03 16.82 13.10 22.54 11.75 6.06 13.42 29.28 22.20 14.89 13.90 6.94 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 17.15 3.16 8.12 0.00 0.11 75.21 0.00 30.07 40.66 53.64 13.23 15.10 61.22 0.00 4.26 32.59 15.36 7.77 0.00 44.02 160.86 54.04 84.71 28.44 68.92 41.71 212.91 71.36 93.30 98.31 99.80 119.17 89.85 20.23 7.87 22.23 14.22 12.80 9.01 3.94 0.00 272.70 1,735.37 Pinnacle Actuarial Resources, Inc. $4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 Adjustment Factor Permit Status (29) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (30) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 48.25 28.42 73.09 0.00 1.27 169.22 0.00 126.14 130.94 120.69 12,723.22 3,398.16 31,899.45 0.00 3,834.25 7,332.42 3,456.64 7,501.07 0.00 9,905.46 57,347.33 13,373.95 20,965.04 7,039.94 29,785.28 12,902.60 124,256.97 61,989.84 49,644.55 75,694.58 58,938.84 101,443.98 52,865.80 27,255.87 60,370.69 131,772.28 99,917.86 67,009.48 62,568.21 31,236.30 0.00 1,227,128.10 Page 7 Exhibit 30.1 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of Special Protection Reclamation Office of Special Reclamation e 2017 Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Mine Status (3) Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Adjusted Acres (22) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1,423.62 0.00 0.00 0.00 0.00 4.03 0.00 0.00 0.00 202.04 0.00 288.93 155.51 0.00 0.00 0.00 112.28 0.00 1,609.39 1,803.37 946.90 1,339.80 0.00 0.00 0.00 1,063.34 655.65 934.91 823.00 223.90 287.05 664.06 0.00 296.24 537.99 776.58 96.50 345.58 0.00 0.00 0.00 0.00 14,590.70 Reclamation Expenditures Reclamation CalculationExpenditures Calculation Water Capital, for Forfeitures WaterOccurring Capital, for after Forfeitures June 30,Occurring 2017 after June 30, 2017 Surface Surface June 30, 2017 June 30, 2017 As of Fiscal Year End 2020 Adjustment Factor Avg Recl Forfeiture Permit Release Forfeited Released Cost per Rate Bond Size Rate Acres Acres Acre (23) (24) (25) (26) (27) (28) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.48 0.00 0.00 0.00 0.00 1.00 0.00 0.00 0.00 0.25 0.00 0.36 1.00 0.00 0.00 0.00 1.00 0.00 0.25 0.25 0.25 0.25 0.00 0.00 0.00 0.28 0.25 0.25 0.25 0.25 0.42 0.41 0.00 0.25 0.25 0.54 1.02 0.25 0.00 0.00 0.00 0.00 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.07 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 1.03 1.56 0.00 0.00 0.00 1.12 0.00 4.02 4.51 2.37 3.68 0.00 0.00 0.00 3.30 1.80 2.57 2.26 0.62 1.32 2.96 0.00 0.81 1.48 4.58 1.08 0.95 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 56.94 0.00 0.00 0.00 0.00 0.20 0.00 0.00 0.00 10.10 0.00 14.45 7.78 0.00 0.00 0.00 5.61 0.00 80.47 90.17 47.35 66.99 0.00 0.00 0.00 42.53 26.23 37.40 32.92 8.96 11.48 26.56 0.00 11.85 21.52 3.88 0.48 1.73 0.00 0.00 0.00 0.00 42.10 605.60 Pinnacle Actuarial Resources, Inc. $4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 Adjustment Factor Permit Status (29) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (30) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 309.30 0.00 0.00 0.00 0.00 1.81 0.00 0.00 0.00 22.73 0.00 4,651.93 6,998.11 0.00 0.00 0.00 5,052.56 0.00 18,105.63 20,287.89 10,652.65 16,580.08 0.00 0.00 0.00 14,834.77 8,113.68 11,569.52 10,184.62 2,770.71 5,945.52 13,331.95 0.00 3,666.01 6,657.67 20,595.02 4,854.14 4,276.56 0.00 0.00 0.00 0.00 189,462.86 Page 8 Exhibit 30.1 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of Special Protection Reclamation Office of Special Reclamation e 2017 Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Mine Status (3) Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Adjusted Acres (22) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 368.54 8.85 165.84 143.09 1,129.96 675.74 2,041.36 835.06 1,723.86 2,814.79 1,450.86 1,872.04 1,275.54 4,011.57 2,239.79 1,414.77 4,881.97 4,126.89 1,739.20 5,065.95 5,081.33 3,207.34 3,801.16 4,536.32 10,801.46 8,474.35 5,054.62 1,405.29 5,976.75 7,430.12 1,984.13 6,770.32 7,022.07 902.71 4,862.08 1,847.14 2,255.86 1,824.13 542.50 986.52 555.22 385.06 216.60 105.51 0.00 0.00 124,014.22 Reclamation Expenditures Reclamation CalculationExpenditures Calculation Water Capital, for Forfeitures WaterOccurring Capital, for after Forfeitures June 30,Occurring 2017 after June 30, 2017 Surface Surface June 30, 2017 June 30, 2017 As of Fiscal Year End 2020 Adjustment Factor Avg Recl Forfeiture Permit Release Forfeited Released Cost per Rate Bond Size Rate Acres Acres Acre (23) (24) (25) (26) (27) (28) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.25 1.25 1.25 1.25 0.93 0.46 0.55 0.67 0.69 0.52 0.87 0.54 0.38 0.66 0.50 0.78 0.54 0.89 0.75 0.46 0.40 0.39 0.37 0.43 0.29 0.44 0.28 0.52 0.27 0.34 0.53 0.31 0.43 0.45 0.36 0.49 0.55 0.47 1.08 0.47 0.82 0.39 0.25 1.00 0.00 0.00 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.05 0.00 0.02 0.02 0.11 0.03 0.11 0.06 0.12 0.15 0.13 0.10 0.05 0.26 0.11 11.04 26.43 36.83 13.01 23.39 20.12 12.47 13.96 19.58 31.72 40.79 15.67 8.02 17.97 28.20 11.64 22.72 33.21 4.44 19.37 9.89 13.68 9.52 6.47 5.13 5.01 1.66 0.60 1.16 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 14.74 0.35 6.63 5.72 45.20 27.03 102.07 41.75 86.19 140.74 72.54 93.60 63.78 200.58 111.99 70.74 244.10 206.34 86.96 253.30 254.07 160.37 190.06 226.82 540.07 423.72 252.73 70.26 298.84 297.20 79.37 270.81 280.88 36.11 194.48 73.89 90.23 72.97 21.70 4.93 2.78 1.93 1.08 0.53 0.00 0.00 465.02 5,720.18 Pinnacle Actuarial Resources, Inc. $4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 Adjustment Factor Permit Status (29) 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 Gross Cost (30) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 103.65 2.49 46.64 40.24 237.63 70.26 251.16 126.16 266.68 332.03 283.49 228.24 110.11 595.83 251.24 24,848.57 59,461.12 82,870.91 29,264.31 52,629.21 45,280.16 28,058.31 31,418.87 44,058.90 71,363.22 91,770.05 35,259.24 18,047.80 40,426.47 63,442.85 26,192.61 51,116.49 74,724.31 9,997.35 43,593.03 22,245.95 30,785.50 21,428.43 14,558.67 11,546.39 11,282.75 3,727.61 1,340.23 2,611.48 0.00 0.00 1,046,296.64 Page 9 Exhibit 30.2 West Virginia Department of Environmental Protection Office of Special Reclamation Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Mine Status (3) Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Current Bonded Acres (4) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 123.25 651.83 293.69 198.01 322.08 5,590.35 377.10 21.04 32.30 238.44 5.18 81.30 219.75 647.75 234.86 580.92 103.05 101.24 151.82 378.99 109.68 235.51 126.91 63.96 580.74 604.37 953.24 227.16 180.61 496.25 272.08 57.94 281.96 87.09 227.37 560.02 225.76 177.90 33.45 22.30 15,877.25 Reclamation Expenditures Calculation Water Capital, for Forfeitures Occurring after June 30, 2017 Underground June 30, 2017 As of Fiscal Year End 2018 Adjustment Factor Forfeiture Permit Release Forfeited Released Rate Bond Size Rate Acres Acres (5) (6) (7) (8) (9) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.00 0.48 1.03 0.37 1.12 0.27 0.32 1.25 1.25 1.01 1.25 1.04 0.39 0.49 1.05 0.45 1.25 1.03 1.19 0.60 1.03 1.07 1.17 1.10 0.66 0.41 0.72 1.08 1.06 0.82 1.04 1.25 1.11 1.25 1.12 1.04 1.14 1.23 1.25 1.25 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.000% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.03 0.03 0.01 0.04 0.15 0.01 0.00 0.00 0.02 0.06 0.84 0.87 3.14 2.46 2.62 1.29 1.15 1.99 2.51 1.24 2.76 1.64 0.77 4.22 2.73 7.53 2.70 2.11 4.46 3.13 0.80 3.44 1.20 2.81 6.43 2.84 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 6.16 32.59 14.68 9.90 16.10 279.52 18.86 1.05 1.62 11.92 0.26 4.07 10.99 32.39 11.74 29.05 4.12 4.05 6.07 15.16 4.39 9.42 5.08 2.56 23.23 24.17 38.13 9.09 7.22 24.81 13.60 2.90 14.10 4.35 11.37 28.00 11.29 0.00 0.00 0.00 68.02 744.01 Pinnacle Actuarial Resources, Inc. Avg Recl Cost per Acre (10) $14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 Adjustment Factor Permit Status (11) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (12) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 177.48 448.87 434.11 105.60 521.08 2,192.74 176.31 37.87 58.14 346.67 932.40 12,121.56 12,483.00 45,274.68 35,371.80 37,720.80 18,549.00 16,490.63 28,661.29 36,078.37 17,809.31 39,801.96 23,610.16 11,130.77 60,741.65 39,344.68 108,407.78 38,811.96 30,349.84 64,222.65 45,030.38 11,472.12 49,476.86 17,243.82 40,393.00 92,650.95 40,865.95 0.00 0.00 0.00 979,546.22 Page 1 Exhibit 30.2 West Virginia Department of Environmental Protection Office of Special Reclamation Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Mine Status (3) Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Current Bonded Acres (4) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 103.30 0.00 0.00 23.02 80.45 45.71 69.04 415.09 1,031.66 360.89 43.54 0.00 112.03 200.53 104.66 139.00 14.02 0.00 296.33 345.33 307.49 92.09 342.93 427.44 296.54 137.62 0.00 278.87 141.54 164.25 75.89 303.26 50.83 169.62 191.95 91.49 159.70 24.05 13.74 12.00 0.00 0.00 0.00 6,665.90 Reclamation Expenditures Calculation Water Capital, for Forfeitures Occurring after June 30, 2017 Underground June 30, 2017 As of Fiscal Year End 2018 Adjustment Factor Forfeiture Permit Release Forfeited Released Rate Bond Size Rate Acres Acres (5) (6) (7) (8) (9) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.00 0.00 0.00 1.25 1.00 1.00 1.00 1.05 0.65 0.58 1.00 0.00 0.99 0.75 1.01 0.25 1.25 0.00 1.04 0.47 1.09 1.09 1.07 1.03 0.45 1.09 0.00 1.09 1.06 1.06 1.25 1.03 1.25 1.19 1.11 1.25 1.16 1.25 1.25 1.25 0.00 0.00 0.00 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.000% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.01 0.00 0.01 0.04 0.07 0.02 0.00 0.00 0.01 1.51 1.06 0.35 0.18 0.00 3.10 1.64 3.69 1.10 4.04 4.85 1.45 1.65 0.00 3.33 1.65 1.92 1.04 3.43 0.70 2.23 2.35 1.26 2.05 0.33 0.19 0.17 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4.13 0.00 0.00 1.15 4.02 2.29 3.45 20.75 51.58 18.04 2.18 0.00 5.60 10.03 5.23 6.95 0.70 0.00 14.82 13.81 12.30 3.68 13.72 17.10 11.86 5.50 0.00 11.15 5.66 6.57 3.04 12.13 2.54 8.48 9.60 4.57 7.99 1.20 0.69 0.60 0.00 0.00 0.00 45.43 303.13 Pinnacle Actuarial Resources, Inc. Avg Recl Cost per Acre (10) $14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 Adjustment Factor Permit Status (11) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (12) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 148.75 0.00 0.00 41.44 115.85 65.82 99.42 626.78 961.21 303.48 62.70 0.00 160.01 21,733.20 15,221.88 5,004.00 2,523.60 0.00 44,586.72 23,605.56 53,084.59 15,841.58 58,125.12 69,878.56 20,930.18 23,780.59 0.00 48,013.42 23,705.35 27,645.16 15,026.22 49,425.71 10,064.34 32,098.39 33,883.53 18,115.02 29,466.36 4,761.90 2,720.52 2,376.00 0.00 0.00 0.00 654,202.95 Page 2 Exhibit 30.2 West Virginia Department of Environmental Protection Office of Special Reclamation Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Mine Status (3) Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Current Bonded Acres (4) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 22.53 25.13 36.33 128.30 115.31 763.80 137.48 1,766.39 1,132.36 333.26 89.42 355.98 255.05 182.92 35.63 10,293.67 84.48 212.90 607.38 329.13 184.16 306.96 95.91 297.32 456.32 149.53 197.14 20.27 57.88 43.30 11.06 77.48 54.60 0.00 25.60 62.76 0.00 0.00 0.00 0.00 0.00 0.00 18,947.74 Reclamation Expenditures Calculation Water Capital, for Forfeitures Occurring after June 30, 2017 Underground June 30, 2017 As of Fiscal Year End 2018 Adjustment Factor Forfeiture Permit Release Forfeited Released Rate Bond Size Rate Acres Acres (5) (6) (7) (8) (9) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.25 1.25 1.20 1.15 0.95 0.87 1.22 0.67 0.58 0.70 1.25 1.18 1.24 1.25 1.25 0.62 1.13 1.14 1.06 1.15 1.25 1.11 1.11 0.46 1.04 1.17 1.07 1.25 1.16 1.25 1.25 1.25 1.25 0.00 1.25 1.25 0.00 0.00 0.00 0.00 0.00 0.00 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.000% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.01 0.07 0.02 0.12 0.07 0.02 0.01 0.04 3.16 2.29 0.45 63.34 0.95 2.43 6.44 4.15 2.53 3.73 1.17 1.52 5.23 1.92 2.31 0.28 0.74 0.60 0.15 1.07 0.75 0.00 0.35 0.86 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.90 1.26 1.82 6.42 5.77 38.19 6.87 88.32 56.62 16.66 4.47 17.80 12.75 9.15 1.78 514.68 4.22 10.65 24.30 13.17 7.37 12.28 3.84 11.89 18.25 5.98 7.89 0.81 2.32 1.73 0.44 3.87 2.73 0.00 1.28 3.14 0.00 0.00 0.00 0.00 0.00 0.00 106.79 919.60 Pinnacle Actuarial Resources, Inc. Avg Recl Cost per Acre (10) $14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 Adjustment Factor Permit Status (11) 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 Gross Cost (12) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 20.28 22.62 31.51 106.48 78.58 477.73 120.66 846.58 469.38 167.24 80.48 302.77 22,720.50 16,462.80 3,206.70 456,048.87 6,869.88 17,510.45 46,344.06 29,905.21 18,231.84 26,891.17 8,426.29 10,916.93 37,622.99 13,806.74 16,661.68 2,006.73 5,336.10 4,286.70 1,094.94 7,670.52 5,405.40 0.00 2,534.40 6,213.24 0.00 0.00 0.00 0.00 0.00 0.00 768,898.44 Page 3 Exhibit 30.2 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of Special Protection Reclamation Office of Special Reclamation Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Mine Status (3) Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Adjusted Acres (13) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 117.08 619.21 278.98 188.10 305.94 5,310.68 358.23 19.99 30.68 226.49 4.86 76.39 207.90 612.22 220.66 549.25 97.64 96.05 143.76 361.32 104.06 223.33 120.19 60.63 553.29 577.46 907.58 215.38 171.28 466.98 255.35 54.25 264.43 81.54 213.20 525.58 211.63 177.90 33.45 22.30 15,065.22 Reclamation Expenditures Reclamation CalculationExpenditures Calculation Water Capital, for Forfeitures WaterOccurring Capital, for after Forfeitures June 30,Occurring 2017 after June 30, 2017 Underground Underground June 30, 2017 June 30, 2017 As of Fiscal Year End 2019 Adjustment Factor Avg Recl Forfeiture Permit Release Forfeited Released Cost per Rate Bond Size Rate Acres Acres Acre (14) (15) (16) (17) (18) (19) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.00 0.48 1.03 0.37 1.12 0.27 0.32 1.25 1.25 1.01 1.25 1.04 0.39 0.49 1.05 0.45 1.25 1.03 1.19 0.60 1.03 1.07 1.17 1.10 0.66 0.41 0.72 1.08 1.06 0.82 1.04 1.25 1.11 1.25 1.12 1.04 1.14 1.23 1.25 1.25 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.03 0.03 0.01 0.03 0.14 0.01 0.00 0.00 0.02 0.00 0.79 0.82 2.97 2.31 2.48 1.22 0.99 1.88 2.39 1.17 2.62 1.55 0.73 4.02 2.61 7.17 2.56 2.00 4.20 2.93 0.75 3.22 1.12 2.63 6.04 2.66 2.40 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5.85 30.96 13.95 9.41 15.30 265.53 17.91 1.00 1.53 11.32 0.24 3.82 10.39 30.61 11.03 27.46 4.88 3.84 5.75 14.45 4.16 8.93 4.81 2.43 22.13 23.10 36.30 8.62 6.85 18.68 12.77 2.71 13.22 4.08 10.66 26.28 10.58 8.90 0.00 0.00 66.53 710.46 Pinnacle Actuarial Resources, Inc. $14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 Adjustment Factor Permit Status (20) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (21) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 168.59 426.41 412.36 100.31 494.97 2,083.04 167.49 35.97 55.23 329.30 8.74 11,389.98 11,809.61 42,791.19 33,233.26 35,664.67 17,575.18 14,222.24 27,139.09 34,396.73 16,896.12 37,742.75 22,360.72 10,551.02 57,870.79 37,593.02 103,215.31 36,798.97 28,781.68 60,434.34 42,261.31 10,740.77 46,400.10 16,144.53 37,875.02 86,953.93 38,308.94 34,560.90 0.00 0.00 957,994.57 Page 4 Exhibit 30.2 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of Special Protection Reclamation Office of Special Reclamation Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Mine Status (3) Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Adjusted Acres (13) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 99.16 0.00 0.00 21.87 76.42 43.42 65.58 394.29 980.01 342.82 41.36 0.00 106.42 188.99 98.37 131.70 13.14 0.00 278.42 329.88 291.50 87.31 325.18 405.49 283.22 130.46 0.00 264.38 134.23 155.76 71.81 287.70 47.59 158.91 180.00 85.66 149.67 22.52 12.86 11.24 0.00 0.00 0.00 6,317.34 Reclamation Expenditures Reclamation CalculationExpenditures Calculation Water Capital, for Forfeitures WaterOccurring Capital, for after Forfeitures June 30,Occurring 2017 after June 30, 2017 Underground Underground June 30, 2017 June 30, 2017 As of Fiscal Year End 2019 Adjustment Factor Avg Recl Forfeiture Permit Release Forfeited Released Cost per Rate Bond Size Rate Acres Acres Acre (14) (15) (16) (17) (18) (19) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.00 0.00 0.00 1.25 1.00 1.00 1.00 1.05 0.65 0.58 1.00 0.00 0.99 0.75 1.01 0.25 1.25 0.00 1.04 0.47 1.09 1.09 1.07 1.03 0.45 1.09 0.00 1.09 1.06 1.06 1.25 1.03 1.25 1.19 1.11 1.25 1.16 1.25 1.25 1.25 0.00 0.00 0.00 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.01 0.00 0.01 0.04 0.06 0.02 0.00 0.00 0.01 0.01 0.99 0.33 0.16 0.00 2.91 1.57 3.18 1.04 3.83 4.60 1.39 1.57 0.00 3.16 1.56 1.82 0.99 3.26 0.65 2.09 2.21 1.18 1.92 0.31 0.18 0.15 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.97 0.00 0.00 1.09 3.82 2.17 3.28 19.71 49.00 17.14 2.07 0.00 5.32 9.45 4.92 6.59 0.66 0.00 13.92 16.49 11.66 3.49 13.01 16.22 11.33 5.22 0.00 10.58 5.37 6.23 2.87 11.51 1.90 7.95 9.00 4.28 7.48 1.13 0.64 0.56 0.00 0.00 0.00 41.22 290.03 Pinnacle Actuarial Resources, Inc. $14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 Adjustment Factor Permit Status (20) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (21) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 142.79 0.00 0.00 39.36 110.04 62.52 94.44 595.37 913.09 288.29 59.56 0.00 151.99 204.83 14,307.04 4,741.29 2,365.88 0.00 41,891.51 22,549.28 45,749.81 15,018.68 55,115.95 66,290.09 19,990.39 22,544.00 0.00 45,518.81 22,481.43 26,216.23 14,218.56 46,889.28 9,422.74 30,071.65 31,773.99 16,960.19 27,615.48 4,458.33 2,547.09 2,224.53 0.00 0.00 0.00 593,624.49 Page 5 Exhibit 30.2 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of Special Protection Reclamation Office of Special Reclamation Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Mine Status (3) Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Adjusted Acres (13) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 21.63 23.87 34.51 121.87 109.53 725.54 130.59 1,677.95 1,075.68 316.57 84.94 338.14 239.14 171.49 33.40 9,715.65 79.30 199.82 576.65 311.81 174.26 290.95 90.90 283.91 432.84 141.63 186.94 19.18 54.82 40.97 10.47 72.54 51.12 0.00 23.97 58.76 0.00 0.00 0.00 0.00 0.00 0.00 17,921.35 Reclamation Expenditures Reclamation CalculationExpenditures Calculation Water Capital, for Forfeitures WaterOccurring Capital, for after Forfeitures June 30,Occurring 2017 after June 30, 2017 Underground Underground June 30, 2017 June 30, 2017 As of Fiscal Year End 2019 Adjustment Factor Avg Recl Forfeiture Permit Release Forfeited Released Cost per Rate Bond Size Rate Acres Acres Acre (14) (15) (16) (17) (18) (19) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.25 1.25 1.20 1.15 0.95 0.87 1.22 0.67 0.58 0.70 1.25 1.18 1.24 1.25 1.25 0.62 1.13 1.14 1.06 1.15 1.25 1.11 1.11 0.46 1.04 1.17 1.07 1.25 1.16 1.25 1.25 1.25 1.25 0.00 1.25 1.25 0.00 0.00 0.00 0.00 0.00 0.00 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.01 0.06 0.02 0.11 0.06 0.02 0.01 0.04 0.03 2.14 0.42 59.78 0.90 2.28 6.11 3.58 2.40 3.54 1.11 1.45 4.96 1.82 2.19 0.26 0.70 0.56 0.14 1.00 0.70 0.00 0.33 0.81 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.87 0.95 1.73 6.09 5.48 36.28 6.53 83.90 53.78 15.83 4.25 16.91 11.96 8.57 1.67 485.78 3.97 9.99 28.83 12.47 6.97 11.64 3.64 11.36 17.31 5.67 7.48 0.77 2.19 1.64 0.42 2.90 2.56 0.00 1.20 2.94 0.00 0.00 0.00 0.00 0.00 0.00 97.57 874.50 Pinnacle Actuarial Resources, Inc. $14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 Adjustment Factor Permit Status (20) 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 Gross Cost (21) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 19.46 21.48 29.93 101.14 74.64 453.80 114.62 804.19 445.89 158.87 76.44 287.60 213.03 15,433.88 3,006.28 430,440.22 6,448.79 16,434.90 43,999.17 25,756.01 17,251.88 25,488.33 7,986.41 10,424.58 35,687.24 13,077.41 15,799.63 1,898.87 5,054.33 4,056.29 1,036.09 7,181.52 5,060.81 0.00 2,372.83 5,817.15 0.00 0.00 0.00 0.00 0.00 0.00 702,513.72 Page 6 Exhibit 30.2 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of Special Protection Reclamation Office of Special Reclamation ound 2017 Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Mine Status (3) Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Adjusted Acres (22) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 111.21 588.22 265.00 178.69 290.61 5,045.00 340.31 18.98 29.14 215.15 4.61 71.78 196.68 578.64 207.32 519.32 91.54 91.22 136.12 344.48 98.72 211.77 113.83 57.47 527.14 551.75 864.11 204.21 162.43 444.10 239.65 50.79 247.98 76.34 199.91 493.27 198.39 166.60 33.45 22.30 14,288.23 Reclamation Expenditures Reclamation CalculationExpenditures Calculation Water Capital, for Forfeitures WaterOccurring Capital, for after Forfeitures June 30,Occurring 2017 after June 30, 2017 Underground Underground June 30, 2017 June 30, 2017 As of Fiscal Year End 2020 Adjustment Factor Avg Recl Forfeiture Permit Release Forfeited Released Cost per Rate Bond Size Rate Acres Acres Acre (23) (24) (25) (26) (27) (28) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.00 0.48 1.03 0.37 1.12 0.27 0.32 1.25 1.25 1.01 1.25 1.04 0.39 0.49 1.05 0.45 1.25 1.03 1.19 0.60 1.03 1.07 1.17 1.10 0.66 0.41 0.72 1.08 1.06 0.82 1.04 1.25 1.11 1.25 1.12 1.04 1.14 1.23 1.25 1.25 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.03 0.03 0.01 0.03 0.14 0.01 0.00 0.00 0.02 0.00 0.01 0.78 2.81 2.17 2.34 1.14 0.94 1.62 2.28 1.11 2.49 1.47 0.69 3.83 2.49 6.82 2.42 1.90 3.99 2.75 0.70 3.02 1.05 2.47 5.67 2.49 2.25 0.46 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4.45 29.41 13.25 8.93 14.53 252.25 17.02 0.95 1.46 10.76 0.23 3.59 9.83 28.93 10.37 25.97 4.58 4.56 5.44 13.78 3.95 8.47 4.55 2.30 21.09 22.07 34.56 8.17 6.50 17.76 9.59 2.54 12.40 3.82 10.00 24.66 9.92 8.33 1.67 0.00 62.45 672.63 Pinnacle Actuarial Resources, Inc. $14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 Adjustment Factor Permit Status (29) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (30) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 160.14 405.07 391.70 95.30 470.16 1,978.83 159.11 34.17 52.46 312.80 8.30 107.03 11,172.54 40,443.93 31,224.01 33,720.61 16,476.73 13,507.10 23,361.57 32,793.47 16,029.75 35,790.08 21,177.41 10,001.47 55,135.62 35,919.35 98,271.54 34,890.39 27,294.54 57,473.83 39,662.52 10,056.05 43,514.68 15,115.31 35,514.00 81,607.22 35,911.93 32,366.59 6,623.10 0.00 899,230.41 Page 7 Exhibit 30.2 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of Special Protection Reclamation Office of Special Reclamation ound 2017 Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Mine Status (3) Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Adjusted Acres (22) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 95.18 0.00 0.00 20.77 72.59 41.24 62.30 374.54 930.95 325.66 39.29 0.00 101.09 179.53 92.46 124.79 12.32 0.00 261.59 311.82 276.67 82.77 308.34 384.67 270.51 123.68 0.00 250.64 127.30 147.71 67.95 272.93 45.03 148.88 168.79 80.20 140.27 21.08 12.04 10.52 0.00 0.00 0.00 5,986.09 Reclamation Expenditures Reclamation CalculationExpenditures Calculation Water Capital, for Forfeitures WaterOccurring Capital, for after Forfeitures June 30,Occurring 2017 after June 30, 2017 Underground Underground June 30, 2017 June 30, 2017 As of Fiscal Year End 2020 Adjustment Factor Avg Recl Forfeiture Permit Release Forfeited Released Cost per Rate Bond Size Rate Acres Acres Acre (23) (24) (25) (26) (27) (28) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.00 0.00 0.00 1.25 1.00 1.00 1.00 1.05 0.65 0.58 1.00 0.00 0.99 0.75 1.01 0.25 1.25 0.00 1.04 0.47 1.09 1.09 1.07 1.03 0.45 1.09 0.00 1.09 1.06 1.06 1.25 1.03 1.25 1.19 1.11 1.25 1.16 1.25 1.25 1.25 0.00 0.00 0.00 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.01 0.00 0.01 0.04 0.06 0.02 0.00 0.00 0.01 0.01 0.01 0.31 0.15 0.00 2.73 1.48 3.02 0.90 3.63 4.37 1.33 1.48 0.00 3.00 1.48 1.73 0.93 3.09 0.62 1.96 2.07 1.10 1.80 0.29 0.17 0.14 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.81 0.00 0.00 0.83 3.63 2.06 3.11 18.73 46.55 16.28 1.96 0.00 5.05 8.98 4.62 6.24 0.62 0.00 13.08 15.59 13.83 3.31 12.33 15.39 10.82 4.95 0.00 10.03 5.09 5.91 2.72 10.92 1.80 5.96 8.44 4.01 7.01 1.05 0.60 0.53 0.00 0.00 0.00 37.96 275.84 Pinnacle Actuarial Resources, Inc. $14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 Adjustment Factor Permit Status (29) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (30) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 137.06 0.00 0.00 37.39 104.53 59.39 89.71 565.54 867.38 273.86 56.57 0.00 144.38 194.57 134.47 4,492.37 2,218.01 0.00 39,359.21 21,314.78 43,421.19 12,944.11 52,262.57 62,885.90 19,092.79 21,371.72 0.00 43,153.82 21,320.70 24,861.15 13,454.31 44,483.00 8,916.27 28,172.88 29,795.79 15,878.98 25,880.86 4,174.11 2,384.71 2,082.72 0.00 0.00 0.00 546,586.80 Page 8 Exhibit 30.2 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of Special Protection Reclamation Office of Special Reclamation ound 2017 Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Mine Status (3) Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Adjusted Acres (22) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 20.76 22.91 32.78 115.76 104.05 689.20 124.04 1,593.94 1,021.83 300.72 80.68 321.19 227.16 160.77 31.32 9,170.08 74.44 187.55 541.70 295.76 164.89 275.77 86.16 271.11 410.57 134.15 177.27 18.15 51.93 38.77 9.90 68.64 47.86 0.00 22.44 55.01 0.00 0.00 0.00 0.00 0.00 0.00 16,949.28 Reclamation Expenditures Reclamation CalculationExpenditures Calculation Water Capital, for Forfeitures WaterOccurring Capital, for after Forfeitures June 30,Occurring 2017 after June 30, 2017 Underground Underground June 30, 2017 June 30, 2017 As of Fiscal Year End 2020 Adjustment Factor Avg Recl Forfeiture Permit Release Forfeited Released Cost per Rate Bond Size Rate Acres Acres Acre (23) (24) (25) (26) (27) (28) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.25 1.25 1.20 1.15 0.95 0.87 1.22 0.67 0.58 0.70 1.25 1.18 1.24 1.25 1.25 0.62 1.13 1.14 1.06 1.15 1.25 1.11 1.11 0.46 1.04 1.17 1.07 1.25 1.16 1.25 1.25 1.25 1.25 0.00 1.25 1.25 0.00 0.00 0.00 0.00 0.00 0.00 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.01 0.06 0.02 0.11 0.06 0.02 0.01 0.04 0.03 0.02 0.39 56.43 0.84 2.14 5.74 3.39 2.06 3.36 1.05 1.38 4.70 1.72 2.08 0.25 0.66 0.53 0.14 0.94 0.66 0.00 0.31 0.76 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.83 0.92 1.31 5.79 5.20 34.46 6.20 79.70 51.09 15.04 4.03 16.06 11.36 8.04 1.57 458.50 3.72 9.38 27.09 14.79 6.60 11.03 3.45 10.84 16.42 5.37 7.09 0.73 2.08 1.55 0.40 2.75 1.91 0.00 1.12 2.75 0.00 0.00 0.00 0.00 0.00 0.00 89.93 829.15 Pinnacle Actuarial Resources, Inc. $14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 Adjustment Factor Permit Status (29) 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 Gross Cost (30) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 18.68 20.62 28.43 96.07 70.90 431.07 108.87 763.93 423.57 150.91 72.61 273.18 202.36 144.69 2,818.39 406,269.57 6,053.52 15,425.42 41,332.93 24,430.28 14,840.54 24,158.67 7,569.51 9,954.43 33,851.09 12,386.60 14,982.18 1,796.80 4,787.44 3,838.26 980.40 6,795.52 4,738.18 0.00 2,221.56 5,446.30 0.00 0.00 0.00 0.00 0.00 0.00 647,483.52 Page 9 Exhibit 30.3 West Virginia Department of Environmental Protection Office of Special Reclamation Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Mine Status (3) Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Current Bonded Acres (4) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 20.00 28.52 0.00 34.08 125.00 65.00 12.76 139.84 550.72 3,036.00 1,734.38 2,870.67 1,498.93 1,449.90 1,114.64 105.36 312.00 351.06 56.15 164.28 883.76 1,293.06 1,090.23 1,634.41 1,185.33 1,162.12 1,151.98 58.70 438.48 24.48 694.36 1,102.24 375.01 619.46 301.44 238.77 596.48 273.55 854.22 118.05 789.96 846.95 44.65 169.35 170.63 65.90 29,852.86 Reclamation Expenditures Calculation Water Capital, for Forfeitures Occurring after June 30, 2017 Other June 30, 2017 As of Fiscal Year End 2018 Adjustment Factor Forfeiture Permit Release Forfeited Released Rate Bond Size Rate Acres Acres (5) (6) (7) (8) (9) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.25 1.25 0.00 1.25 1.25 1.25 1.25 1.25 1.09 0.52 0.57 0.64 0.44 0.56 0.53 1.06 1.10 1.25 1.25 1.17 0.54 0.55 0.45 0.31 0.30 0.73 0.30 1.25 0.80 1.22 0.31 0.54 0.77 0.59 1.11 1.13 0.72 1.01 0.53 1.25 0.79 0.76 1.25 1.12 0.44 1.20 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 5.000% 5.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 4.000% 4.000% 3.000% 3.000% 3.000% 2.000% 1.000% 1.000% 0.500% 0.500% 0.000% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.01 0.00 0.02 0.06 0.16 0.10 0.18 0.07 4.09 2.98 0.56 1.72 2.19 0.35 0.96 2.37 3.58 2.45 2.54 1.78 4.24 1.72 0.37 1.74 0.15 1.06 2.98 1.44 1.84 1.68 1.35 2.14 1.38 2.27 0.74 3.11 3.20 0.28 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.03 0.00 0.03 0.13 0.07 0.01 0.14 16.52 91.08 52.03 86.12 44.97 43.50 33.44 3.16 9.36 10.53 1.68 4.93 26.51 38.79 32.71 49.03 35.56 58.11 57.60 1.76 13.15 0.73 20.83 33.07 11.25 24.78 12.06 7.16 17.89 8.21 17.08 1.18 7.90 4.23 0.22 0.00 0.00 0.00 57.89 877.58 Pinnacle Actuarial Resources, Inc. Avg Recl Cost per Acre (10) $5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 Adjustment Factor Permit Status (11) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (12) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 13.00 18.54 0.00 22.15 81.25 42.25 8.29 90.90 311.79 818.29 517.85 960.26 342.15 21,293.72 15,479.69 2,905.89 8,952.13 11,409.45 1,824.88 4,984.53 12,310.57 18,624.62 12,733.83 13,208.59 9,263.09 22,072.18 8,943.98 1,907.75 9,073.66 779.04 5,526.36 15,514.43 7,498.40 9,543.88 8,736.83 7,002.91 11,119.36 7,196.80 11,820.38 3,836.63 16,163.11 16,629.26 1,451.13 0.00 0.00 0.00 301,033.75 Page 1 Exhibit 30.3 West Virginia Department of Environmental Protection Office of Special Reclamation Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Mine Status (3) Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Current Bonded Acres (4) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 281.18 52.00 0.00 9.75 470.23 1,160.41 48.25 1,713.51 26.00 394.50 612.21 20.21 491.54 700.45 362.69 50.33 215.12 892.07 770.77 171.34 233.39 90.95 0.00 233.33 472.50 188.75 107.86 30.80 0.00 0.00 53.90 118.83 9.90 0.00 133.81 66.26 191.70 57.00 0.00 0.00 0.00 0.00 10,431.54 Reclamation Expenditures Calculation Water Capital, for Forfeitures Occurring after June 30, 2017 Other June 30, 2017 As of Fiscal Year End 2018 Adjustment Factor Forfeiture Permit Release Forfeited Released Rate Bond Size Rate Acres Acres (5) (6) (7) (8) (9) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.02 1.25 0.00 1.25 0.54 0.35 1.25 0.50 1.25 0.45 0.41 1.25 0.55 0.44 0.50 1.25 1.17 0.52 0.41 1.06 1.02 1.23 0.00 0.63 0.25 0.43 1.25 1.25 0.00 0.00 1.25 1.00 1.25 0.00 1.00 1.00 1.00 1.25 0.00 0.00 0.00 0.00 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 5.000% 5.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 4.000% 4.000% 3.000% 3.000% 3.000% 2.000% 1.000% 1.000% 0.500% 0.500% 0.000% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.03 0.01 0.00 0.00 0.03 0.04 0.01 0.09 0.00 0.89 1.24 0.13 1.35 1.53 0.91 0.31 1.26 2.34 1.56 0.91 1.19 0.56 0.00 0.73 0.59 0.41 0.67 0.19 0.00 0.00 0.34 0.59 0.06 0.00 0.67 0.33 0.96 0.36 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.28 0.05 0.00 0.01 14.11 34.81 1.45 51.41 0.78 11.84 18.37 0.61 14.75 21.01 10.88 1.51 6.45 26.76 23.12 5.14 7.00 4.55 0.00 7.00 14.18 5.66 3.24 0.92 0.00 0.00 2.16 3.56 0.30 0.00 2.68 0.66 1.92 0.29 0.00 0.00 0.00 0.00 20.28 297.44 Pinnacle Actuarial Resources, Inc. Avg Recl Cost per Acre (10) $5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 Adjustment Factor Permit Status (11) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (12) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 149.27 33.80 0.00 6.34 133.14 213.19 31.36 445.49 16.90 4,631.25 6,466.98 656.83 7,030.08 7,941.77 4,716.73 1,635.73 6,545.18 12,159.23 8,127.41 4,722.64 6,191.64 2,917.20 0.00 3,795.52 3,071.25 2,110.88 3,505.45 1,001.00 0.00 0.00 1,751.75 3,089.58 321.75 0.00 3,479.06 1,722.76 4,984.20 1,852.50 0.00 0.00 0.00 0.00 105,457.80 Page 2 Exhibit 30.3 West Virginia Department of Environmental Protection Office of Special Reclamation Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Mine Status (3) Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Current Bonded Acres (4) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 9.00 27.00 0.00 34.00 0.00 0.00 58.69 10.00 1,007.91 1,892.78 457.88 3,078.26 476.66 398.19 245.30 272.00 14.00 49.49 54.00 327.16 0.00 102.94 61.00 0.00 183.32 0.00 106.00 179.00 89.00 16.66 0.00 0.00 0.00 0.00 0.00 0.00 3.60 29.85 41.99 0.00 6.75 1.00 0.00 0.00 0.00 0.00 9,233.43 Reclamation Expenditures Calculation Water Capital, for Forfeitures Occurring after June 30, 2017 Other June 30, 2017 As of Fiscal Year End 2018 Adjustment Factor Forfeiture Permit Release Forfeited Released Rate Bond Size Rate Acres Acres (5) (6) (7) (8) (9) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.25 1.25 0.00 1.25 0.00 0.00 1.25 1.25 1.25 1.00 1.25 0.70 0.77 1.18 1.04 0.43 1.25 1.03 1.25 0.54 0.00 1.00 1.00 0.00 1.04 0.00 1.00 0.25 1.25 1.25 0.00 0.00 0.00 0.00 0.00 0.00 1.25 1.25 1.01 0.00 1.25 1.25 0.00 0.00 0.00 0.00 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 5.000% 5.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 4.000% 4.000% 3.000% 3.000% 3.000% 2.000% 1.000% 1.000% 0.500% 0.500% 0.000% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.13 0.19 0.06 0.21 0.04 2.35 1.27 0.59 0.09 0.25 0.34 0.88 0.00 0.51 0.31 0.00 0.96 0.00 0.53 0.22 0.56 0.10 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.19 0.21 0.00 0.04 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.03 0.00 0.03 0.00 0.00 0.06 0.01 30.24 56.78 13.74 92.35 14.30 11.95 7.36 8.16 0.42 1.48 1.62 9.81 0.00 3.09 1.83 0.00 5.50 0.00 5.30 5.37 2.67 0.50 0.00 0.00 0.00 0.00 0.00 0.00 0.11 0.90 0.84 0.00 0.07 0.01 0.00 0.00 0.00 0.00 10.07 274.52 Pinnacle Actuarial Resources, Inc. Avg Recl Cost per Acre (10) $5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 Adjustment Factor Permit Status (11) 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 Gross Cost (12) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.93 8.78 0.00 11.05 0.00 0.00 19.07 3.25 327.57 489.92 148.81 557.82 95.76 6,101.31 3,312.37 1,534.00 227.50 660.76 877.50 2,300.35 0.00 1,338.22 793.00 0.00 2,484.43 0.00 1,378.00 581.75 1,446.25 270.73 0.00 0.00 0.00 0.00 0.00 0.00 58.50 485.06 553.57 0.00 109.69 16.25 0.00 0.00 0.00 0.00 26,194.20 Page 3 Exhibit 30.3 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of Special Protection Reclamation Office of Special Reclamation Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Mine Status (3) Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Adjusted Acres (13) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 19.98 28.49 0.00 34.04 124.86 64.93 12.75 139.68 534.14 2,944.76 1,682.25 2,784.37 1,453.90 1,402.31 1,078.22 101.64 300.92 338.33 54.11 158.39 854.88 1,250.69 1,055.07 1,582.84 1,147.99 1,099.77 1,092.66 56.57 423.58 23.60 672.47 1,066.19 362.32 592.85 287.70 230.26 576.45 263.96 834.86 116.13 778.95 839.52 44.15 169.35 170.63 65.90 28,917.39 Reclamation Expenditures Reclamation CalculationExpenditures Calculation Water Capital, for Forfeitures WaterOccurring Capital, for after Forfeitures June 30,Occurring 2017 after June 30, 2017 Other Other June 30, 2017 June 30, 2017 As of Fiscal Year End 2019 Adjustment Factor Avg Recl Forfeiture Permit Release Forfeited Released Cost per Rate Bond Size Rate Acres Acres Acre (14) (15) (16) (17) (18) (19) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.25 1.25 0.00 1.25 1.25 1.25 1.25 1.25 1.09 0.52 0.57 0.64 0.44 0.56 0.53 1.06 1.10 1.25 1.25 1.17 0.54 0.55 0.45 0.31 0.30 0.73 0.30 1.25 0.80 1.22 0.31 0.54 0.77 0.59 1.11 1.13 0.72 1.01 0.53 1.25 0.79 0.76 1.25 1.12 0.44 1.20 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 5.000% 5.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 4.000% 4.000% 3.000% 3.000% 3.000% 2.000% 1.000% 1.000% 0.500% 0.500% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.01 0.00 0.02 0.06 0.15 0.10 0.18 0.06 0.08 2.88 0.54 1.66 2.11 0.34 0.92 2.29 3.46 2.37 2.46 1.73 4.02 1.63 0.35 1.69 0.14 1.03 2.89 1.39 1.76 1.60 1.30 2.07 1.34 2.22 0.73 3.06 3.17 0.28 0.95 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.03 0.00 0.03 0.12 0.06 0.01 0.14 0.53 88.34 50.47 83.53 43.62 42.07 32.35 3.05 9.03 10.15 1.62 4.75 25.65 37.52 31.65 47.49 34.44 32.99 54.63 2.83 12.71 0.71 20.17 31.99 10.87 17.79 11.51 9.21 17.29 7.92 25.05 2.32 7.79 8.40 0.22 0.85 0.00 0.00 53.06 821.92 Pinnacle Actuarial Resources, Inc. $5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 Adjustment Factor Permit Status (20) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (21) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 12.99 18.52 0.00 22.13 81.16 42.20 8.28 90.79 302.40 793.70 502.29 931.39 331.87 411.90 14,973.95 2,803.30 8,634.16 10,995.86 1,758.72 4,805.90 11,908.28 18,014.29 12,323.21 12,791.80 8,971.27 20,887.95 8,483.43 1,838.59 8,765.34 750.91 5,352.11 15,007.01 7,244.61 9,133.85 8,338.66 6,753.32 10,745.91 6,944.48 11,552.52 3,774.28 15,937.88 16,483.33 1,434.80 4,948.46 0.00 0.00 275,907.81 Page 4 Exhibit 30.3 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of Special Protection Reclamation Office of Special Reclamation Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Mine Status (3) Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Adjusted Acres (13) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 280.87 51.94 0.00 9.74 456.10 1,125.56 46.80 1,662.02 25.22 381.77 592.60 19.48 475.44 677.91 350.90 48.51 207.41 862.97 746.08 165.29 225.20 85.84 0.00 225.60 457.73 182.68 103.95 29.68 0.00 0.00 51.41 114.67 9.54 0.00 130.46 65.27 188.82 56.36 0.00 0.00 0.00 0.00 10,113.82 Reclamation Expenditures Reclamation CalculationExpenditures Calculation Water Capital, for Forfeitures WaterOccurring Capital, for after Forfeitures June 30,Occurring 2017 after June 30, 2017 Other Other June 30, 2017 June 30, 2017 As of Fiscal Year End 2019 Adjustment Factor Avg Recl Forfeiture Permit Release Forfeited Released Cost per Rate Bond Size Rate Acres Acres Acre (14) (15) (16) (17) (18) (19) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.02 1.25 0.00 1.25 0.54 0.35 1.25 0.50 1.25 0.45 0.41 1.25 0.55 0.44 0.50 1.25 1.17 0.52 0.41 1.06 1.02 1.23 0.00 0.63 0.25 0.43 1.25 1.25 0.00 0.00 1.25 1.00 1.25 0.00 1.00 1.00 1.00 1.25 0.00 0.00 0.00 0.00 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 5.000% 5.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 4.000% 4.000% 3.000% 3.000% 3.000% 2.000% 1.000% 1.000% 0.500% 0.500% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.03 0.01 0.00 0.00 0.02 0.04 0.01 0.08 0.00 0.02 1.20 0.12 1.31 1.48 0.88 0.30 1.21 2.26 1.51 0.88 1.15 0.53 0.00 0.71 0.57 0.39 0.65 0.19 0.00 0.00 0.32 0.57 0.06 0.00 0.65 0.33 0.94 0.35 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.28 0.05 0.00 0.01 0.46 33.77 1.40 49.86 0.76 11.45 17.78 0.58 14.26 20.34 10.53 1.46 6.22 25.89 22.38 4.96 6.76 2.58 0.00 11.28 13.73 5.48 3.12 0.89 0.00 0.00 2.06 4.59 0.29 0.00 3.91 1.31 1.89 0.56 0.00 0.00 0.00 0.00 18.78 280.87 Pinnacle Actuarial Resources, Inc. $5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 Adjustment Factor Permit Status (20) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (21) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 149.10 33.76 0.00 6.33 129.14 206.79 30.42 432.10 16.39 89.64 6,259.83 633.02 6,799.84 7,686.20 4,563.43 1,576.43 6,310.52 11,762.58 7,867.10 4,555.93 5,974.30 2,753.35 0.00 3,669.78 2,975.27 2,043.01 3,378.38 964.71 0.00 0.00 1,670.73 2,981.44 310.09 0.00 3,392.08 1,696.92 4,909.44 1,831.66 0.00 0.00 0.00 0.00 97,659.69 Page 5 Exhibit 30.3 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of Special Protection Reclamation Office of Special Reclamation Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Mine Status (3) Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Adjusted Acres (13) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 8.99 26.97 0.00 33.96 0.00 0.00 58.62 9.99 977.55 1,835.81 444.09 2,985.70 462.32 383.90 236.67 263.25 13.49 47.75 52.04 316.46 0.00 99.34 58.87 0.00 176.86 0.00 100.17 173.41 85.77 16.06 0.00 0.00 0.00 0.00 0.00 0.00 3.47 28.77 40.94 0.00 6.64 0.99 0.00 0.00 0.00 0.00 8,948.83 Reclamation Expenditures Reclamation CalculationExpenditures Calculation Water Capital, for Forfeitures WaterOccurring Capital, for after Forfeitures June 30,Occurring 2017 after June 30, 2017 Other Other June 30, 2017 June 30, 2017 As of Fiscal Year End 2019 Adjustment Factor Avg Recl Forfeiture Permit Release Forfeited Released Cost per Rate Bond Size Rate Acres Acres Acre (14) (15) (16) (17) (18) (19) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.25 1.25 0.00 1.25 0.00 0.00 1.25 1.25 1.25 1.00 1.25 0.70 0.77 1.18 1.04 0.43 1.25 1.03 1.25 0.54 0.00 1.00 1.00 0.00 1.04 0.00 1.00 0.25 1.25 1.25 0.00 0.00 0.00 0.00 0.00 0.00 1.25 1.25 1.01 0.00 1.25 1.25 0.00 0.00 0.00 0.00 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 5.000% 5.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 4.000% 4.000% 3.000% 3.000% 3.000% 2.000% 1.000% 1.000% 0.500% 0.500% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.12 0.18 0.06 0.21 0.04 0.05 1.23 0.57 0.08 0.25 0.33 0.86 0.00 0.50 0.29 0.00 0.92 0.00 0.50 0.22 0.54 0.10 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.18 0.21 0.00 0.04 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.03 0.00 0.03 0.00 0.00 0.06 0.01 0.98 55.07 13.32 89.57 13.87 11.52 7.10 7.90 0.40 1.43 1.56 9.49 0.00 2.98 1.77 0.00 5.31 0.00 5.01 8.67 2.57 0.48 0.00 0.00 0.00 0.00 0.00 0.00 0.10 0.86 1.23 0.00 0.07 0.01 0.00 0.00 0.00 0.00 7.50 241.42 Pinnacle Actuarial Resources, Inc. $5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 Adjustment Factor Permit Status (20) 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 Gross Cost (21) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.92 8.77 0.00 11.04 0.00 0.00 19.05 3.25 317.70 475.18 144.33 541.04 92.88 117.65 3,195.80 1,484.65 219.25 637.55 845.69 2,225.12 0.00 1,291.38 765.25 0.00 2,396.95 0.00 1,302.21 563.57 1,393.82 260.91 0.00 0.00 0.00 0.00 0.00 0.00 56.38 467.48 539.69 0.00 107.91 16.07 0.00 0.00 0.00 0.00 19,503.47 Page 6 Exhibit 30.3 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of Special Protection Reclamation Office of Special Reclamation r 2017 Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Mine Status (3) Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Adjusted Acres (22) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 19.96 28.46 0.00 34.00 124.72 64.85 12.73 139.53 533.55 2,856.27 1,631.68 2,700.66 1,410.22 1,360.16 1,043.00 98.05 290.23 326.07 52.15 152.72 826.94 1,209.70 1,021.05 1,532.89 1,111.82 1,062.76 1,036.40 53.39 409.19 22.74 651.26 1,031.32 350.05 573.30 274.59 219.75 557.09 254.71 807.59 113.08 768.10 827.95 43.65 167.55 170.63 65.90 28,042.42 Reclamation Expenditures Reclamation CalculationExpenditures Calculation Water Capital, for Forfeitures WaterOccurring Capital, for after Forfeitures June 30,Occurring 2017 after June 30, 2017 Other Other June 30, 2017 June 30, 2017 As of Fiscal Year End 2020 Adjustment Factor Avg Recl Forfeiture Permit Release Forfeited Released Cost per Rate Bond Size Rate Acres Acres Acre (23) (24) (25) (26) (27) (28) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.25 1.25 0.00 1.25 1.25 1.25 1.25 1.25 1.09 0.52 0.57 0.64 0.44 0.56 0.53 1.06 1.10 1.25 1.25 1.17 0.54 0.55 0.45 0.31 0.30 0.73 0.30 1.25 0.80 1.22 0.31 0.54 0.77 0.59 1.11 1.13 0.72 1.01 0.53 1.25 0.79 0.76 1.25 1.12 0.44 1.20 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 5.000% 5.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 4.000% 4.000% 3.000% 3.000% 3.000% 2.000% 1.000% 1.000% 0.500% 0.500% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.01 0.00 0.02 0.06 0.15 0.09 0.17 0.06 0.08 0.06 0.52 1.60 2.04 0.33 0.89 2.22 3.35 2.29 2.38 1.67 3.88 1.55 0.33 1.63 0.14 1.00 2.79 1.35 1.70 1.53 1.24 2.00 1.29 2.15 0.71 3.02 3.13 0.27 0.94 0.38 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.03 0.00 0.03 0.12 0.06 0.01 0.14 0.53 2.86 48.95 81.02 42.31 40.80 31.29 2.94 8.71 9.78 1.56 4.58 24.81 36.29 30.63 45.99 33.35 31.88 31.09 2.67 20.46 0.68 19.54 30.94 10.50 17.20 8.24 8.79 22.28 7.64 24.23 3.39 15.36 8.28 0.44 0.84 0.85 0.00 49.02 712.14 Pinnacle Actuarial Resources, Inc. $5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 Adjustment Factor Permit Status (29) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (30) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 12.97 18.50 0.00 22.10 81.07 42.15 8.28 90.69 302.06 769.85 487.19 903.38 321.90 399.52 289.69 2,704.33 8,327.50 10,597.26 1,694.97 4,633.69 11,519.13 17,423.96 11,925.83 12,388.17 8,688.65 20,185.02 8,046.59 1,735.17 8,467.50 723.78 5,183.36 14,516.17 6,999.42 8,832.77 7,958.64 6,445.10 10,385.01 6,701.01 11,175.20 3,675.20 15,715.79 16,256.26 1,418.66 4,895.92 1,957.44 0.00 254,926.85 Page 7 Exhibit 30.3 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of Special Protection Reclamation Office of Special Reclamation r 2017 Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Mine Status (3) Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Adjusted Acres (22) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 280.56 51.88 0.00 9.73 455.62 1,091.75 45.39 1,612.08 24.46 370.30 573.62 18.77 459.87 656.09 339.50 46.75 199.97 834.82 722.19 159.46 217.29 82.74 0.00 213.61 443.43 176.81 100.18 28.61 0.00 0.00 49.03 109.51 9.20 0.00 125.90 63.63 185.99 55.44 0.00 0.00 0.00 0.00 9,814.17 Reclamation Expenditures Reclamation CalculationExpenditures Calculation Water Capital, for Forfeitures WaterOccurring Capital, for after Forfeitures June 30,Occurring 2017 after June 30, 2017 Other Other June 30, 2017 June 30, 2017 As of Fiscal Year End 2020 Adjustment Factor Avg Recl Forfeiture Permit Release Forfeited Released Cost per Rate Bond Size Rate Acres Acres Acre (23) (24) (25) (26) (27) (28) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.02 1.25 0.00 1.25 0.54 0.35 1.25 0.50 1.25 0.45 0.41 1.25 0.55 0.44 0.50 1.25 1.17 0.52 0.41 1.06 1.02 1.23 0.00 0.63 0.25 0.43 1.25 1.25 0.00 0.00 1.25 1.00 1.25 0.00 1.00 1.00 1.00 1.25 0.00 0.00 0.00 0.00 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 5.000% 5.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 4.000% 4.000% 3.000% 3.000% 3.000% 2.000% 1.000% 1.000% 0.500% 0.500% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.03 0.01 0.00 0.00 0.02 0.04 0.01 0.08 0.00 0.02 0.02 0.12 1.26 1.43 0.85 0.29 1.17 2.19 1.46 0.85 1.11 0.51 0.00 0.67 0.55 0.38 0.63 0.18 0.00 0.00 0.31 0.55 0.06 0.00 0.63 0.32 0.93 0.35 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.28 0.05 0.00 0.01 0.46 1.09 1.36 48.36 0.73 11.11 17.21 0.56 13.80 19.68 10.18 1.40 6.00 25.04 21.67 4.78 6.52 2.48 0.00 10.68 22.17 5.30 3.01 0.86 0.00 0.00 1.47 4.38 0.37 0.00 3.78 1.91 3.72 0.55 0.00 0.00 0.00 0.00 17.01 250.99 Pinnacle Actuarial Resources, Inc. $5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 Adjustment Factor Permit Status (29) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (30) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 148.94 33.72 0.00 6.32 129.00 200.58 29.50 419.11 15.90 86.94 121.19 610.07 6,577.14 7,438.85 4,415.11 1,519.28 6,084.28 11,378.87 7,615.14 4,395.10 5,764.59 2,653.76 0.00 3,474.81 2,882.30 1,977.32 3,255.91 929.74 0.00 0.00 1,593.46 2,847.28 298.85 0.00 3,273.36 1,654.50 4,835.80 1,801.89 0.00 0.00 0.00 0.00 88,468.62 Page 8 Exhibit 30.3 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of Special Protection Reclamation Office of Special Reclamation r 2017 Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Mine Status (3) Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Adjusted Acres (22) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 8.98 26.94 0.00 33.92 0.00 0.00 58.56 9.98 976.45 1,780.55 430.71 2,895.92 448.42 372.34 228.34 254.78 13.00 46.07 50.16 306.11 0.00 95.86 56.80 0.00 170.64 0.00 94.66 164.52 82.66 15.47 0.00 0.00 0.00 0.00 0.00 0.00 3.34 27.73 39.50 0.00 6.53 0.97 0.00 0.00 0.00 0.00 8,699.92 Reclamation Expenditures Reclamation CalculationExpenditures Calculation Water Capital, for Forfeitures WaterOccurring Capital, for after Forfeitures June 30,Occurring 2017 after June 30, 2017 Other Other June 30, 2017 June 30, 2017 As of Fiscal Year End 2020 Adjustment Factor Avg Recl Forfeiture Permit Release Forfeited Released Cost per Rate Bond Size Rate Acres Acres Acre (23) (24) (25) (26) (27) (28) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.25 1.25 0.00 1.25 0.00 0.00 1.25 1.25 1.25 1.00 1.25 0.70 0.77 1.18 1.04 0.43 1.25 1.03 1.25 0.54 0.00 1.00 1.00 0.00 1.04 0.00 1.00 0.25 1.25 1.25 0.00 0.00 0.00 0.00 0.00 0.00 1.25 1.25 1.01 0.00 1.25 1.25 0.00 0.00 0.00 0.00 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 5.000% 5.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 4.000% 4.000% 3.000% 3.000% 3.000% 2.000% 1.000% 1.000% 0.500% 0.500% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.12 0.18 0.05 0.20 0.03 0.04 0.02 0.55 0.08 0.24 0.31 0.83 0.00 0.48 0.28 0.00 0.89 0.00 0.47 0.21 0.52 0.10 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.17 0.20 0.00 0.04 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.03 0.00 0.03 0.00 0.00 0.06 0.01 0.98 1.78 12.92 86.88 13.45 11.17 6.85 7.64 0.39 1.38 1.50 9.18 0.00 2.88 1.70 0.00 5.12 0.00 2.84 8.23 4.13 0.46 0.00 0.00 0.00 0.00 0.00 0.00 0.13 0.83 1.19 0.00 0.13 0.01 0.00 0.00 0.00 0.00 6.07 181.92 Pinnacle Actuarial Resources, Inc. $5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 5,200.00 Adjustment Factor Permit Status (29) 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 Gross Cost (30) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.92 8.76 0.00 11.03 0.00 0.00 19.03 3.24 317.35 460.88 139.98 524.77 90.08 114.10 61.67 1,436.89 211.31 615.15 815.03 2,152.35 0.00 1,246.18 738.46 0.00 2,312.54 0.00 1,230.59 534.69 1,343.30 251.45 0.00 0.00 0.00 0.00 0.00 0.00 54.34 450.53 520.76 0.00 106.15 15.81 0.00 0.00 0.00 0.00 15,789.33 Page 9 Exhibit 30.4 West Virginia Department of Environmental Protection Office of Special Reclamation Reclamation Expenditures Calculation Water Capital, for Forfeitures Occurring after June 30, 2017 June 30, 2017 Footnotes for Exhibits 30.1 through 30.3: (1) - (4) Client data (5) Exhibit 23.1 Cols (1), (3), and (5) (6) Exhibit 22.2 Col (1) adjusted for current acreage distribution by year (7) Exhibit 23.1 Cols (2), (4), and (6) (8) Col (4) x Col (5) x Col (6) (9) Col (4) x Col (7) (10) Exhibit 13.1 Col (2) (11) Exhibit 22.1 Col (3) (12) Col (8) x Col (10) x Col (11) (13) Col (4) - [Col (8) + Col (9)] (14) Exhibit 23.1 Cols (1), (3), and (5) (15) Col (6) (16) Exhibit 23.1 Cols (2), (4), and (6) (17) Col (13) x Col (14) x Col (15) (18) Col (13) x Col (16) (19) Col (10) (20) Col (11) (21) Col (17) x Col (19) x Col (20) (22) Col (13) - [Col (17) + Col (18)] (23) Exhibit 23.1 Cols (1), (3), and (5) (24) Col (15) (25) Exhibit 23.1 Cols (2), (4), and (6) (26) Col (22) x Col (23) x Col (24) (27) Col (22) x Col (25) (28) Col (10) (29) Col (11) (30) Col (26) x Col (28) x Col (29) Same calculations continue for fiscal years 2021 through 2052 Pinnacle Actuarial Resources, Inc. Exhibit 31.1 West Virginia Department of Environmental Protection Office of Special Reclamation Estimated Reclamation Expenditures Water Treatment - Total for Forfeitures Occurring after June 30, 2017 June 30, 2017 Fiscal Year Ending 6/30 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 Footnotes: (1) (2) (3) (4) (5) - (7) (8) Active (1) $68,056 66,887 64,218 60,988 57,437 53,252 50,293 47,448 44,417 41,120 38,070 35,570 32,907 29,538 27,381 25,107 23,154 20,740 18,947 15,919 13,847 12,121 10,544 9,125 7,561 6,468 5,435 4,531 2,966 1,844 1,218 659 397 362 356 Gross Liability Inactive Phase Released (2) (3) $22,471 20,661 19,166 17,897 16,478 15,385 13,890 12,826 11,290 10,191 8,519 6,963 6,032 5,190 4,896 4,196 3,730 3,086 2,668 2,089 1,817 1,542 1,225 918 754 672 528 315 203 138 135 133 131 129 127 $108,249 97,469 89,699 82,868 62,126 54,324 49,338 42,787 37,809 34,024 30,163 26,733 22,290 17,651 15,317 13,692 11,776 9,457 8,272 6,641 4,614 4,111 3,037 2,451 1,747 1,290 1,016 789 594 514 475 427 416 404 393 Total (4) $198,776 185,018 173,083 161,753 136,042 122,961 113,521 103,061 93,516 85,335 76,752 69,266 61,230 52,379 47,594 42,995 38,660 33,282 29,886 24,649 20,278 17,774 14,805 12,494 10,062 8,429 6,979 5,634 3,764 2,495 1,829 1,219 944 895 876 Exhibit 31.2 Col (1) + Exhibit 31.3 Col (1) + Exhibit 31.4 Col (1) Exhibit 31.2 Col (2) + Exhibit 31.3 Col (2) + Exhibit 31.4 Col (2) Exhibit 31.2 Col (3) + Exhibit 31.3 Col (3) + Exhibit 31.4 Col (3) Col (1) + Col (2) + Col (3) Col (1), Col (2), and Col (3) delayed three years Col (5) + Col (6) + Col (7) Active (5) $0 0 0 34,028 67,472 65,553 62,603 87,931 53,252 50,293 47,448 44,417 41,120 38,070 35,570 32,907 29,538 27,381 25,107 23,154 20,740 18,947 15,919 13,847 12,121 10,544 9,125 7,561 6,468 5,435 4,531 2,966 1,844 1,218 659 Gross Liability - Three Year Delay Inactive Phase Released (6) (7) $0 0 0 11,235 21,566 19,914 18,531 25,427 15,385 13,890 12,826 11,290 10,191 8,519 6,963 6,032 5,190 4,896 4,196 3,730 3,086 2,668 2,089 1,817 1,542 1,225 918 754 672 528 315 203 138 135 133 $0 0 0 54,124 102,859 93,584 86,284 103,560 54,324 49,338 42,787 37,809 34,024 30,163 26,733 22,290 17,651 15,317 13,692 11,776 9,457 8,272 6,641 4,614 4,111 3,037 2,451 1,747 1,290 1,016 789 594 514 475 427 Total (8) $0 0 0 99,388 191,897 179,050 167,418 216,918 122,961 113,521 103,061 93,516 85,335 76,752 69,266 61,230 52,379 47,594 42,995 38,660 33,282 29,886 24,649 20,278 17,774 14,805 12,494 10,062 8,429 6,979 5,634 3,764 2,495 1,829 1,219 Active (9) Gross Liability - Unlimited Years Running Inactive Phase Released (10) (11) $68,056 134,943 199,162 260,149 317,587 370,839 421,132 468,579 512,996 554,116 590,825 623,724 652,728 677,222 698,511 716,582 731,836 743,884 753,425 759,303 762,549 763,570 762,577 759,805 755,161 749,164 741,922 733,613 723,618 712,441 700,623 688,263 675,691 663,161 650,732 Footnotes: (9) (10) (11) (12) (13) - (15) (16) $22,471 43,132 62,298 80,195 96,673 112,058 125,948 138,774 150,065 160,256 168,325 174,434 179,247 182,884 185,928 188,001 189,374 189,892 189,818 189,016 187,830 186,290 184,373 182,108 179,646 177,081 174,363 171,434 168,406 165,335 162,290 159,275 156,296 153,359 150,466 $108,249 205,718 295,417 378,285 440,411 494,735 544,073 586,860 624,669 658,693 686,691 709,353 725,860 736,185 743,081 747,434 749,070 747,735 744,674 739,528 731,989 723,655 714,049 703,757 692,710 681,188 669,413 657,477 645,436 633,434 621,552 609,786 598,192 586,778 575,554 Total (12) $198,776 383,793 556,876 718,629 854,671 977,632 1,091,153 1,194,214 1,287,730 1,373,065 1,445,841 1,507,511 1,557,835 1,596,291 1,627,520 1,652,017 1,670,279 1,681,511 1,687,917 1,687,848 1,682,369 1,673,514 1,660,999 1,645,671 1,627,517 1,607,433 1,585,697 1,562,525 1,537,460 1,511,211 1,484,464 1,457,324 1,430,180 1,403,298 1,376,753 Gross Liability - Unlimited Years Running - Three Year Delay Active Inactive Phase Released Total (13) (14) (15) (16) $0 0 0 34,028 101,500 167,052 229,655 447,662 370,839 421,132 468,579 512,996 554,116 590,825 623,724 652,728 677,222 698,511 716,582 731,836 743,884 753,425 759,303 762,549 763,570 762,577 759,805 755,161 749,164 741,922 733,613 723,618 712,441 700,623 688,263 Exhibit 31.2 Col (9) + Exhibit 31.3 Col (9) + Exhibit 31.4 Col (9) Exhibit 31.2 Col (10) + Exhibit 31.3 Col (10) + Exhibit 31.4 Col (10) Exhibit 31.2 Col (11) + Exhibit 31.3 Col (11) + Exhibit 31.4 Col (11) Col (9) + Col (10) + Col (11) Col (9), Col (10), and Col (11) delayed three years Col (13) + Col (14) + Col (15) Pinnacle Actuarial Resources, Inc. $0 0 0 11,235 32,801 52,715 71,246 136,770 112,058 125,948 138,774 150,065 160,256 168,325 174,434 179,247 182,884 185,928 188,001 189,374 189,892 189,818 189,016 187,830 186,290 184,373 182,108 179,646 177,081 174,363 171,434 168,406 165,335 162,290 159,275 $0 0 0 54,124 156,983 250,567 336,851 629,553 494,735 544,073 586,860 624,669 658,693 686,691 709,353 725,860 736,185 743,081 747,434 749,070 747,735 744,674 739,528 731,989 723,655 714,049 703,757 692,710 681,188 669,413 657,477 645,436 633,434 621,552 609,786 $0 0 0 99,388 291,284 470,335 637,753 1,213,985 977,632 1,091,153 1,194,214 1,287,730 1,373,065 1,445,841 1,507,511 1,557,835 1,596,291 1,627,520 1,652,017 1,670,279 1,681,511 1,687,917 1,687,848 1,682,369 1,673,514 1,660,999 1,645,671 1,627,517 1,607,433 1,585,697 1,562,525 1,537,460 1,511,211 1,484,464 1,457,324 Exhibit 31.2 West Virginia Department of Environmental Protection Office of Special Reclamation Estimated Reclamation Expenditures Water Treatment - Surface, for Forfeitures Occurring after June 30, 2017 June 30, 2017 Fiscal Year Ending 6/30 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 Footnotes: (1) - (3) (4) (5) - (7) (8) Active (1) $38,792 38,978 38,177 36,325 34,879 32,605 31,167 29,577 27,951 26,231 24,650 23,296 21,786 19,684 18,305 16,956 15,902 14,573 13,422 11,159 9,812 8,673 7,439 6,478 5,267 4,526 4,085 3,415 2,227 1,379 797 310 83 78 75 Gross Liability Inactive Phase Released (2) (3) $6,603 6,187 5,894 5,462 5,015 4,774 4,538 4,279 3,940 3,719 3,148 2,598 2,265 1,871 1,772 1,672 1,572 1,273 1,100 901 740 671 577 421 398 344 269 94 56 18 17 16 16 15 14 $78,468 70,601 65,103 59,897 53,397 46,314 42,329 37,401 33,345 30,215 27,093 23,975 19,991 16,067 14,078 12,770 10,981 8,781 7,673 6,079 4,152 3,716 2,653 2,101 1,456 1,018 766 543 356 280 246 201 193 185 178 Total (4) $123,862 115,765 109,175 101,685 93,291 83,694 78,035 71,257 65,236 60,166 54,892 49,869 44,041 37,622 34,155 31,397 28,456 24,627 22,195 18,139 14,704 13,060 10,669 8,999 7,121 5,888 5,119 4,052 2,639 1,677 1,059 528 291 278 267 Exhibit 32.1 Col (12), Exhibit 32.1 Col (21), Exhibit 32.1 Col (30), etc. Col (1) + Col (2) + Col (3) Col (1), Col (2), and Col (3) delayed three years Col (5) + Col (6) + Col (7) Active (5) $0 0 0 19,396 38,885 38,578 37,251 53,042 32,605 31,167 29,577 27,951 26,231 24,650 23,296 21,786 19,684 18,305 16,956 15,902 14,573 13,422 11,159 9,812 8,673 7,439 6,478 5,267 4,526 4,085 3,415 2,227 1,379 797 310 Gross Liability - Three Year Delay Inactive Phase Released (6) (7) $0 0 0 3,301 6,395 6,041 5,678 7,746 4,774 4,538 4,279 3,940 3,719 3,148 2,598 2,265 1,871 1,772 1,672 1,572 1,273 1,100 901 740 671 577 421 398 344 269 94 56 18 17 16 $0 0 0 39,234 74,534 67,852 62,500 83,346 46,314 42,329 37,401 33,345 30,215 27,093 23,975 19,991 16,067 14,078 12,770 10,981 8,781 7,673 6,079 4,152 3,716 2,653 2,101 1,456 1,018 766 543 356 280 246 201 Total (8) $0 0 0 61,931 119,814 112,470 105,430 144,133 83,694 78,035 71,257 65,236 60,166 54,892 49,869 44,041 37,622 34,155 31,397 28,456 24,627 22,195 18,139 14,704 13,060 10,669 8,999 7,121 5,888 5,119 4,052 2,639 1,677 1,059 528 Active (9) Gross Liability - Unlimited Years Running Inactive Phase Released (10) (11) $38,792 77,770 115,947 152,273 187,152 219,757 250,924 280,502 308,453 334,684 358,559 380,315 399,828 416,558 431,271 444,054 455,244 464,608 472,365 477,448 480,813 482,702 483,056 482,198 479,909 476,692 472,870 468,245 462,324 455,496 448,052 440,114 431,964 423,844 415,780 Footnotes: (9) - (11) (12) (13) - (15) (16) $6,603 12,790 18,684 24,146 29,161 33,935 38,473 42,752 46,692 50,411 53,427 55,772 57,671 59,074 60,287 61,315 62,166 62,646 62,892 62,880 62,664 62,345 61,906 61,294 60,644 59,928 59,127 58,146 57,127 56,074 55,027 53,986 52,955 51,935 50,928 $78,468 149,068 214,171 274,069 327,466 373,780 416,109 453,510 486,855 517,071 542,595 563,620 579,417 590,177 597,986 603,685 606,892 607,305 606,111 602,896 597,397 591,177 583,692 575,537 566,660 557,297 547,670 537,852 527,901 517,958 508,102 498,330 488,696 479,209 469,878 Total (12) $123,862 239,628 348,802 450,487 543,778 627,472 705,507 776,764 842,000 902,166 954,580 999,706 1,036,916 1,065,809 1,089,544 1,109,055 1,124,302 1,134,560 1,141,368 1,143,224 1,140,874 1,136,223 1,128,654 1,119,029 1,107,214 1,093,918 1,079,667 1,064,243 1,047,352 1,029,528 1,011,181 992,430 973,614 954,988 936,586 Gross Liability - Unlimited Years Running - Three Year Delay Active Inactive Phase Released Total (13) (14) (15) (16) $0 0 0 19,396 58,281 96,859 134,110 263,288 219,757 250,924 280,502 308,453 334,684 358,559 380,315 399,828 416,558 431,271 444,054 455,244 464,608 472,365 477,448 480,813 482,702 483,056 482,198 479,909 476,692 472,870 468,245 462,324 455,496 448,052 440,114 $0 0 0 3,301 9,696 15,737 21,415 41,234 33,935 38,473 42,752 46,692 50,411 53,427 55,772 57,671 59,074 60,287 61,315 62,166 62,646 62,892 62,880 62,664 62,345 61,906 61,294 60,644 59,928 59,127 58,146 57,127 56,074 55,027 53,986 Running total of Col (1), Col (2), and Col (3) respectively Reflecting the compounding effect of the selected 98% attenuation rate after 10 years Col (9) + Col (10) + Col (11) Col (9), Col (10), and Col (11) delayed three years Col (13) + Col (14) + Col (15) Pinnacle Actuarial Resources, Inc. $0 0 0 39,234 113,768 181,620 244,120 464,500 373,780 416,109 453,510 486,855 517,071 542,595 563,620 579,417 590,177 597,986 603,685 606,892 607,305 606,111 602,896 597,397 591,177 583,692 575,537 566,660 557,297 547,670 537,852 527,901 517,958 508,102 498,330 $0 0 0 61,931 181,745 294,215 399,645 769,022 627,472 705,507 776,764 842,000 902,166 954,580 999,706 1,036,916 1,065,809 1,089,544 1,109,055 1,124,302 1,134,560 1,141,368 1,143,224 1,140,874 1,136,223 1,128,654 1,119,029 1,107,214 1,093,918 1,079,667 1,064,243 1,047,352 1,029,528 1,011,181 992,430 Exhibit 31.3 West Virginia Department of Environmental Protection Office of Special Reclamation Estimated Reclamation Expenditures Water Treatment - Underground, for Forfeitures Occurring after June 30, 2017 June 30, 2017 Fiscal Year Ending 6/30 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 Footnotes: (1) - (3) (4) (5) - (7) (8) Active (1) $17,686 17,297 16,236 15,192 13,694 12,437 11,255 10,423 9,638 8,820 7,906 7,302 6,560 5,973 5,535 4,774 4,187 3,223 2,791 2,413 1,900 1,549 1,404 1,105 972 761 382 225 101 75 58 55 53 51 49 Gross Liability Inactive Phase Released (2) (3) $11,812 10,718 9,869 9,171 8,545 8,050 7,027 6,351 5,414 4,942 4,115 3,272 2,863 2,513 2,346 1,857 1,582 1,299 1,134 785 686 491 307 214 84 63 51 41 39 37 36 34 33 32 30 $27,766 25,369 23,381 21,904 7,713 7,068 6,150 4,689 3,788 3,225 2,544 2,247 1,924 1,218 942 658 592 487 411 377 279 213 203 172 116 111 106 102 98 94 90 87 83 80 77 Total (4) $57,264 53,384 49,486 46,267 29,953 27,555 24,432 21,463 18,839 16,987 14,565 12,820 11,347 9,705 8,824 7,289 6,362 5,009 4,336 3,576 2,865 2,253 1,913 1,490 1,172 935 539 368 238 207 184 176 169 162 156 Exhibit 32.2 Col (12), Exhibit 32.2 Col (21), Exhibit 32.2 Col (30), etc. Col (1) + Col (2) + Col (3) Col (1), Col (2), and Col (3) delayed three years Col (5) + Col (6) + Col (7) Active (5) $0 0 0 8,843 17,492 16,767 15,714 21,290 12,437 11,255 10,423 9,638 8,820 7,906 7,302 6,560 5,973 5,535 4,774 4,187 3,223 2,791 2,413 1,900 1,549 1,404 1,105 972 761 382 225 101 75 58 55 Gross Liability - Three Year Delay Inactive Phase Released (6) (7) $0 0 0 5,906 11,265 10,294 9,520 13,131 8,050 7,027 6,351 5,414 4,942 4,115 3,272 2,863 2,513 2,346 1,857 1,582 1,299 1,134 785 686 491 307 214 84 63 51 41 39 37 36 34 $0 0 0 13,883 26,567 24,375 22,642 18,665 7,068 6,150 4,689 3,788 3,225 2,544 2,247 1,924 1,218 942 658 592 487 411 377 279 213 203 172 116 111 106 102 98 94 90 87 Total (8) $0 0 0 28,632 55,324 51,435 47,877 53,086 27,555 24,432 21,463 18,839 16,987 14,565 12,820 11,347 9,705 8,824 7,289 6,362 5,009 4,336 3,576 2,865 2,253 1,913 1,490 1,172 935 539 368 238 207 184 176 Active (9) Gross Liability - Unlimited Years Running Inactive Phase Released (10) (11) $17,686 34,983 51,219 66,412 80,106 92,543 103,799 114,221 123,859 132,679 140,232 146,841 152,397 157,083 161,083 164,104 166,347 167,457 167,985 168,004 167,399 166,347 165,070 163,429 161,599 159,519 157,033 154,383 151,611 148,821 146,034 143,270 140,532 137,826 135,153 Footnotes: (9) - (11) (12) (13) - (15) (16) $11,812 22,530 32,399 41,571 50,116 58,165 65,192 71,544 76,958 81,900 85,779 88,605 90,834 92,543 93,929 94,684 95,047 95,023 94,753 94,063 93,220 92,149 90,866 89,472 87,935 86,370 84,795 83,216 81,645 80,089 78,549 77,030 75,534 74,064 72,620 $27,766 53,134 76,516 98,419 106,133 113,201 119,351 124,040 127,828 131,052 133,041 134,236 134,662 133,973 132,893 131,427 129,815 128,049 126,176 124,250 122,221 120,127 118,031 115,926 113,791 111,683 109,603 107,553 105,533 103,545 101,589 99,665 97,775 95,917 94,092 Total (12) $57,264 110,648 160,134 206,402 236,354 263,909 288,342 309,805 328,645 345,632 359,052 369,682 377,893 383,599 387,905 390,215 391,209 390,529 388,913 386,316 382,840 378,623 373,968 368,827 363,324 357,573 351,431 345,151 338,789 332,455 326,172 319,966 313,842 307,807 301,865 Gross Liability - Unlimited Years Running - Three Year Delay Active Inactive Phase Released Total (13) (14) (15) (16) $0 0 0 8,843 26,335 43,101 58,816 113,312 92,543 103,799 114,221 123,859 132,679 140,232 146,841 152,397 157,083 161,083 164,104 166,347 167,457 167,985 168,004 167,399 166,347 165,070 163,429 161,599 159,519 157,033 154,383 151,611 148,821 146,034 143,270 $0 0 0 5,906 17,171 27,465 36,985 70,901 58,165 65,192 71,544 76,958 81,900 85,779 88,605 90,834 92,543 93,929 94,684 95,047 95,023 94,753 94,063 93,220 92,149 90,866 89,472 87,935 86,370 84,795 83,216 81,645 80,089 78,549 77,030 Running total of Col (1), Col (2), and Col (3) respectively Reflecting the compounding effect of the selected 98% attenuation rate after 10 years Col (9) + Col (10) + Col (11) Col (9), Col (10), and Col (11) delayed three years Col (13) + Col (14) + Col (15) Pinnacle Actuarial Resources, Inc. $0 0 0 13,883 40,450 64,825 87,467 155,342 113,201 119,351 124,040 127,828 131,052 133,041 134,236 134,662 133,973 132,893 131,427 129,815 128,049 126,176 124,250 122,221 120,127 118,031 115,926 113,791 111,683 109,603 107,553 105,533 103,545 101,589 99,665 $0 0 0 28,632 83,956 135,391 183,268 339,555 263,909 288,342 309,805 328,645 345,632 359,052 369,682 377,893 383,599 387,905 390,215 391,209 390,529 388,913 386,316 382,840 378,623 373,968 368,827 363,324 357,573 351,431 345,151 338,789 332,455 326,172 319,966 Exhibit 31.4 West Virginia Department of Environmental Protection Office of Special Reclamation Estimated Reclamation Expenditures Water Treatment - Other, for Forfeitures Occurring after June 30, 2017 June 30, 2017 Fiscal Year Ending 6/30 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 Footnotes: (1) - (3) (4) (5) - (7) (8) Active (1) $11,578 10,612 9,805 9,470 8,864 8,210 7,870 7,447 6,828 6,068 5,514 4,972 4,562 3,881 3,541 3,377 3,064 2,943 2,734 2,346 2,135 1,899 1,701 1,542 1,323 1,180 969 891 638 389 364 293 262 234 233 Gross Liability Inactive Phase Released (2) (3) $4,056 3,756 3,403 3,263 2,918 2,561 2,325 2,196 1,936 1,530 1,256 1,092 904 806 778 667 576 514 433 402 391 380 341 284 272 265 209 180 108 83 83 82 82 82 82 $2,015 1,500 1,215 1,067 1,016 941 859 696 676 584 526 512 376 366 297 265 202 189 187 185 184 182 180 179 175 160 144 144 140 140 140 139 139 139 139 Total (4) $17,649 15,868 14,422 13,800 12,798 11,712 11,054 10,340 9,440 8,182 7,295 6,576 5,842 5,053 4,616 4,309 3,843 3,646 3,355 2,934 2,709 2,460 2,223 2,004 1,770 1,605 1,321 1,215 887 611 586 515 483 455 454 Exhibit 32.3 Col (12), Exhibit 32.3 Col (21), Exhibit 32.3 Col (30), etc. Col (1) + Col (2) + Col (3) Col (1), Col (2), and Col (3) delayed three years Col (5) + Col (6) + Col (7) Active (5) $0 0 0 5,789 11,095 10,208 9,637 13,599 8,210 7,870 7,447 6,828 6,068 5,514 4,972 4,562 3,881 3,541 3,377 3,064 2,943 2,734 2,346 2,135 1,899 1,701 1,542 1,323 1,180 969 891 638 389 364 293 Gross Liability - Three Year Delay Inactive Phase Released (6) (7) $0 0 0 2,028 3,906 3,579 3,333 4,550 2,561 2,325 2,196 1,936 1,530 1,256 1,092 904 806 778 667 576 514 433 402 391 380 341 284 272 265 209 180 108 83 83 82 $0 0 0 1,007 1,758 1,357 1,141 1,549 941 859 696 676 584 526 512 376 366 297 265 202 189 187 185 184 182 180 179 175 160 144 144 140 140 140 139 Total (8) $0 0 0 8,825 16,759 15,145 14,111 19,698 11,712 11,054 10,340 9,440 8,182 7,295 6,576 5,842 5,053 4,616 4,309 3,843 3,646 3,355 2,934 2,709 2,460 2,223 2,004 1,770 1,605 1,321 1,215 887 611 586 515 Active (9) Gross Liability - Unlimited Years Running Inactive Phase Released (10) (11) $11,578 22,190 31,995 41,465 50,329 58,539 66,409 73,856 80,684 86,752 92,034 96,568 100,503 103,581 106,157 108,425 110,244 111,818 113,075 113,852 114,338 114,522 114,450 114,178 113,652 112,953 112,018 110,985 109,684 108,124 106,536 104,879 103,195 101,491 99,799 Footnotes: (9) - (11) (12) (13) - (15) (16) $4,056 7,812 11,215 14,478 17,396 19,958 22,283 24,479 26,415 27,945 29,120 30,057 30,742 31,267 31,712 32,001 32,161 32,223 32,174 32,073 31,946 31,796 31,601 31,342 31,067 30,782 30,441 30,072 29,634 29,172 28,714 28,259 27,807 27,360 26,918 $2,015 3,515 4,730 5,797 6,813 7,754 8,613 9,310 9,986 10,569 11,055 11,497 11,781 12,035 12,202 12,321 12,363 12,381 12,387 12,383 12,371 12,351 12,325 12,295 12,259 12,208 12,140 12,072 12,002 11,931 11,861 11,791 11,722 11,653 11,584 Total (12) $17,649 33,517 47,940 61,740 74,538 86,250 97,305 107,644 117,085 125,267 132,209 138,122 143,026 146,883 150,071 152,747 154,768 156,422 157,636 158,308 158,655 158,668 158,376 157,815 156,978 155,943 154,600 153,130 151,319 149,228 147,111 144,929 142,724 140,504 138,302 Gross Liability - Unlimited Years Running - Three Year Delay Active Inactive Phase Released Total (13) (14) (15) (16) $0 0 0 5,789 16,884 27,092 36,730 71,061 58,539 66,409 73,856 80,684 86,752 92,034 96,568 100,503 103,581 106,157 108,425 110,244 111,818 113,075 113,852 114,338 114,522 114,450 114,178 113,652 112,953 112,018 110,985 109,684 108,124 106,536 104,879 $0 0 0 2,028 5,934 9,514 12,846 24,635 19,958 22,283 24,479 26,415 27,945 29,120 30,057 30,742 31,267 31,712 32,001 32,161 32,223 32,174 32,073 31,946 31,796 31,601 31,342 31,067 30,782 30,441 30,072 29,634 29,172 28,714 28,259 Running total of Col (1), Col (2), and Col (3) respectively Reflecting the compounding effect of the selected 98% attenuation rate after 10 years Col (9) + Col (10) + Col (11) Col (9), Col (10), and Col (11) delayed three years Col (13) + Col (14) + Col (15) Pinnacle Actuarial Resources, Inc. $0 0 0 1,007 2,765 4,122 5,263 9,711 7,754 8,613 9,310 9,986 10,569 11,055 11,497 11,781 12,035 12,202 12,321 12,363 12,381 12,387 12,383 12,371 12,351 12,325 12,295 12,259 12,208 12,140 12,072 12,002 11,931 11,861 11,791 $0 0 0 8,825 25,583 40,729 54,840 105,408 86,250 97,305 107,644 117,085 125,267 132,209 138,122 143,026 146,883 150,071 152,747 154,768 156,422 157,636 158,308 158,655 158,668 158,376 157,815 156,978 155,943 154,600 153,130 151,319 149,228 147,111 144,929 Exhibit 32.1 West Virginia Department of Environmental Protection Office of Special Reclamation Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Mine Status (3) Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Current Bonded Acres (4) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 475.23 70.00 180.00 0.00 2.50 1,666.76 0.00 666.47 904.60 1,194.95 299.96 336.46 1,373.36 0.00 96.43 726.00 342.25 176.19 0.00 981.28 3,594.61 1,204.44 1,868.36 620.83 1,884.74 1,137.84 5,838.52 1,967.21 2,555.92 2,705.22 2,737.05 3,284.20 2,376.88 523.42 1,617.17 4,551.37 2,918.41 2,617.01 1,826.09 788.61 2.00 56,112.34 Reclamation Expenditures Calculation Water Treatment Costs, for Forfeitures Occurring after June 30, 2017 Surface June 30, 2017 As of Fiscal Year End 2018 Adjustment Factor Forfeiture Permit Release Forfeited Released Rate Bond Size Rate Acres Acres (5) (6) (7) (8) (9) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.25 1.00 1.00 0.00 1.25 0.25 0.00 0.47 0.36 0.25 1.07 0.25 0.58 0.00 1.00 0.25 0.25 1.07 0.00 0.25 0.36 0.25 0.25 0.25 0.35 0.25 0.47 0.70 0.43 0.62 0.48 0.69 0.48 1.09 0.77 0.60 0.71 0.53 0.70 0.80 1.25 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.01 0.02 0.00 0.00 0.04 0.00 0.03 3.24 2.99 3.20 0.84 7.95 0.00 0.96 1.82 0.86 1.89 0.00 2.70 14.24 3.31 5.14 1.71 7.24 3.13 30.29 15.19 12.09 18.52 14.37 24.85 12.43 6.27 13.79 29.97 22.78 15.22 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 23.76 3.50 9.00 0.00 0.13 83.34 0.00 33.32 45.23 59.75 15.00 16.82 68.67 0.00 4.82 36.30 17.11 8.81 0.00 49.06 179.73 60.22 74.73 24.83 75.39 45.51 233.54 78.69 102.24 108.21 109.48 131.37 11.88 2.62 8.09 22.76 14.59 13.09 0.00 0.00 0.00 277.08 1,771.59 Pinnacle Actuarial Resources, Inc. Avg Recl Cost per Acre (10) $140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 Adjustment Factor Permit Status & Future FY (11) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (12) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.66 0.98 2.52 0.00 0.04 5.83 0.00 4.35 453.11 418.23 448.63 117.76 1,113.17 0.00 135.00 254.10 119.79 264.52 0.00 377.79 1,993.48 463.71 719.32 239.02 1,013.58 438.07 4,240.34 2,126.71 1,692.52 2,592.10 2,011.58 3,479.15 1,740.43 877.50 1,930.05 4,196.25 3,189.73 2,130.58 0.00 0.00 0.00 38,791.61 Page 1 Exhibit 32.1 West Virginia Department of Environmental Protection Office of Special Reclamation Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Mine Status (3) Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Current Bonded Acres (4) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1,561.15 0.00 0.00 0.00 0.00 4.47 0.00 0.00 0.00 224.46 0.00 322.57 176.00 0.00 0.00 0.00 127.07 0.00 1,792.68 2,009.28 1,055.30 1,493.18 0.00 0.00 0.00 1,161.29 715.52 1,020.28 898.15 244.34 314.48 727.30 0.00 311.89 546.43 793.78 99.70 351.00 0.00 0.00 0.00 0.00 15,950.32 Reclamation Expenditures Calculation Water Treatment Costs, for Forfeitures Occurring after June 30, 2017 Surface June 30, 2017 As of Fiscal Year End 2018 Adjustment Factor Forfeiture Permit Release Forfeited Released Rate Bond Size Rate Acres Acres (5) (6) (7) (8) (9) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.48 0.00 0.00 0.00 0.00 1.00 0.00 0.00 0.00 0.25 0.00 0.36 1.00 0.00 0.00 0.00 1.00 0.00 0.25 0.25 0.25 0.25 0.00 0.00 0.00 0.28 0.25 0.25 0.25 0.25 0.42 0.41 0.00 0.25 0.25 0.54 1.02 0.25 0.00 0.00 0.00 0.00 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.08 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.56 0.00 1.15 1.76 0.00 0.00 0.00 1.27 0.00 4.48 5.53 2.90 4.11 0.00 0.00 0.00 3.60 1.97 2.81 2.47 0.67 1.45 3.24 0.00 0.86 1.50 4.68 1.11 0.97 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 78.06 0.00 0.00 0.00 0.00 0.22 0.00 0.00 0.00 11.22 0.00 16.13 8.80 0.00 0.00 0.00 6.35 0.00 89.63 100.46 52.77 74.66 0.00 0.00 0.00 46.45 28.62 40.81 35.93 9.77 12.58 29.09 0.00 1.56 2.73 3.97 0.50 1.76 0.00 0.00 0.00 0.00 47.16 652.08 Pinnacle Actuarial Resources, Inc. Avg Recl Cost per Acre (10) $140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 Adjustment Factor Permit Status & Future FY (11) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (12) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 10.55 0.00 0.00 0.00 0.00 0.06 0.00 0.00 0.00 78.56 0.00 161.58 246.40 0.00 0.00 0.00 177.90 0.00 627.44 773.57 406.29 574.87 0.00 0.00 0.00 504.04 275.48 392.81 345.79 94.07 202.65 454.27 0.00 120.08 210.38 654.92 156.03 135.14 0.00 0.00 0.00 0.00 6,602.86 Page 2 Exhibit 32.1 West Virginia Department of Environmental Protection Office of Special Reclamation Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Mine Status (3) Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Current Bonded Acres (4) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 400.00 9.60 180.00 155.30 1,239.23 748.81 2,262.16 925.40 1,910.37 3,119.22 1,607.89 2,074.52 1,413.45 4,476.37 2,508.01 1,593.69 5,471.56 4,659.87 1,957.79 5,668.21 5,677.52 3,583.11 4,244.57 5,074.70 12,050.18 9,485.73 5,637.42 1,559.47 6,526.00 8,126.32 2,179.48 7,397.89 7,695.07 989.62 5,319.77 2,026.81 2,478.99 1,930.25 561.34 1,006.96 571.14 392.33 220.00 107.23 0.00 0.00 137,223.35 Reclamation Expenditures Calculation Water Treatment Costs, for Forfeitures Occurring after June 30, 2017 Surface June 30, 2017 As of Fiscal Year End 2018 Adjustment Factor Forfeiture Permit Release Forfeited Released Rate Bond Size Rate Acres Acres (5) (6) (7) (8) (9) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.25 1.25 1.25 1.25 0.93 0.46 0.55 0.67 0.69 0.52 0.87 0.54 0.38 0.66 0.50 0.78 0.54 0.89 0.75 0.46 0.40 0.39 0.37 0.43 0.29 0.44 0.28 0.52 0.27 0.34 0.53 0.31 0.43 0.45 0.36 0.49 0.55 0.47 1.08 0.47 0.82 0.39 0.25 1.00 0.00 0.00 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.05 0.00 0.02 0.02 0.12 0.03 0.12 0.06 0.13 0.16 0.14 0.11 0.05 29.55 12.50 12.44 29.62 41.59 14.64 26.17 22.49 13.93 15.59 24.10 38.92 45.65 17.48 8.90 19.62 30.84 12.79 24.82 36.39 4.87 21.20 10.85 15.04 10.08 6.70 5.24 5.16 1.69 0.61 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 16.00 0.38 7.20 6.21 61.96 37.44 113.11 46.27 95.52 155.96 80.39 103.73 70.67 223.82 125.40 79.68 273.58 232.99 97.89 283.41 283.88 179.16 212.23 253.74 602.51 474.29 281.87 62.38 261.04 325.05 87.18 295.92 307.80 39.58 212.79 81.07 99.16 9.65 2.81 5.03 2.86 1.96 1.10 0.00 0.00 0.00 560.48 6,194.67 Pinnacle Actuarial Resources, Inc. Avg Recl Cost per Acre (10) $140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 Adjustment Factor Permit Status & Future FY (11) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (12) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 7.00 0.17 3.15 2.72 16.22 4.84 17.32 8.70 18.39 22.89 19.55 15.74 7.59 4,136.94 1,750.45 1,741.67 4,146.63 5,822.36 2,049.75 3,664.01 3,148.00 1,950.39 2,183.00 3,373.48 5,449.09 6,391.62 2,446.87 1,246.18 2,746.59 4,317.44 1,790.22 3,475.41 5,095.12 681.95 2,967.79 1,518.83 2,105.01 1,410.90 937.34 733.33 722.16 236.32 84.70 0.00 0.00 0.00 78,467.82 Page 3 Exhibit 32.1 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of Special Protection Reclamation Office of Special Reclamation Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Mine Status (3) Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Reclamation Expenditures Reclamation CalculationExpenditures Calculation Water Treatment Costs, for Water Forfeitures Treatment Occurring Costs, for after Forfeitures June 30,Occurring 2017 after June 30, 2017 Surface Surface June 30, 2017 June 30, 2017 As of Fiscal Year End 2019 Adjustment Factor Avg Recl Adjusted Forfeiture Permit Release Forfeited Released Cost per Acres Rate Bond Size Rate Acres Acres Acre (13) (14) (15) (16) (17) (18) (19) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 451.46 66.49 170.98 0.00 2.37 1,583.38 0.00 633.12 856.13 1,132.22 281.76 318.80 1,296.74 0.00 90.64 687.89 324.28 165.49 0.00 929.52 3,400.64 1,140.91 1,788.49 594.29 1,802.11 1,089.20 5,574.69 1,873.33 2,441.59 2,578.50 2,613.20 3,127.98 2,352.56 514.54 1,595.30 4,498.64 2,881.03 2,588.71 1,826.09 788.61 2.00 54,063.67 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.25 1.00 1.00 0.00 1.25 0.25 0.00 0.47 0.36 0.25 1.07 0.25 0.58 0.00 1.00 0.25 0.25 1.07 0.00 0.25 0.36 0.25 0.25 0.25 0.35 0.25 0.47 0.70 0.43 0.62 0.48 0.69 0.48 1.09 0.77 0.60 0.71 0.53 0.70 0.80 1.25 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.01 0.02 0.00 0.00 0.04 0.00 0.03 0.03 2.83 3.01 0.80 7.51 0.00 0.91 1.72 0.81 1.77 0.00 2.56 13.47 3.14 4.92 1.63 6.92 3.00 28.92 14.47 11.55 17.65 13.72 23.67 12.30 6.16 13.60 29.63 22.49 15.05 14.08 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 22.57 3.32 8.55 0.00 0.12 79.17 0.00 31.66 42.81 56.61 14.09 15.94 64.84 0.00 4.53 34.39 16.21 8.27 0.00 46.48 170.03 57.05 89.42 23.77 72.08 43.57 222.99 74.93 97.66 103.14 104.53 125.12 94.10 2.57 7.98 22.49 14.41 12.94 9.13 0.00 0.00 278.42 1,797.48 Pinnacle Actuarial Resources, Inc. $140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 Adjustment Factor Permit Status & Future FY (20) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (21) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.58 0.93 2.39 0.00 0.04 5.54 0.00 4.13 4.29 396.28 421.41 111.58 1,051.07 0.00 126.90 240.76 113.50 248.45 0.00 357.86 1,885.90 439.25 688.57 228.80 969.14 419.34 4,048.72 2,025.22 1,616.82 2,470.68 1,920.56 3,313.66 1,722.63 862.60 1,903.95 4,147.63 3,148.88 2,107.53 1,971.63 0.00 0.00 38,978.23 Page 4 Exhibit 32.1 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of Special Protection Reclamation Office of Special Reclamation Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Mine Status (3) Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Reclamation Expenditures Reclamation CalculationExpenditures Calculation Water Treatment Costs, for Water Forfeitures Treatment Occurring Costs, for after Forfeitures June 30,Occurring 2017 after June 30, 2017 Surface Surface June 30, 2017 June 30, 2017 As of Fiscal Year End 2019 Adjustment Factor Avg Recl Adjusted Forfeiture Permit Release Forfeited Released Cost per Acres Rate Bond Size Rate Acres Acres Acre (13) (14) (15) (16) (17) (18) (19) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1,483.02 0.00 0.00 0.00 0.00 4.25 0.00 0.00 0.00 212.68 0.00 305.29 165.44 0.00 0.00 0.00 119.45 0.00 1,698.56 1,903.29 999.63 1,414.41 0.00 0.00 0.00 1,111.24 684.93 976.66 859.75 233.89 300.45 694.96 0.00 309.47 542.20 785.13 98.09 348.28 0.00 0.00 0.00 0.00 15,251.08 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.48 0.00 0.00 0.00 0.00 1.00 0.00 0.00 0.00 0.25 0.00 0.36 1.00 0.00 0.00 0.00 1.00 0.00 0.25 0.25 0.25 0.25 0.00 0.00 0.00 0.28 0.25 0.25 0.25 0.25 0.42 0.41 0.00 0.25 0.25 0.54 1.02 0.25 0.00 0.00 0.00 0.00 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.07 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 1.09 1.65 0.00 0.00 0.00 1.19 0.00 4.25 4.76 2.75 3.89 0.00 0.00 0.00 3.45 1.88 2.69 2.36 0.64 1.38 3.10 0.00 0.85 1.49 4.63 1.10 0.96 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 59.32 0.00 0.00 0.00 0.00 0.21 0.00 0.00 0.00 10.63 0.00 15.26 8.27 0.00 0.00 0.00 5.97 0.00 84.93 95.16 49.98 70.72 0.00 0.00 0.00 44.45 27.40 39.07 34.39 9.36 12.02 27.80 0.00 12.38 2.71 3.93 0.49 1.74 0.00 0.00 0.00 0.00 44.19 616.19 Pinnacle Actuarial Resources, Inc. $140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 Adjustment Factor Permit Status & Future FY (20) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (21) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 10.02 0.00 0.00 0.00 0.00 0.06 0.00 0.00 0.00 0.74 0.00 152.92 231.62 0.00 0.00 0.00 167.22 0.00 594.50 666.15 384.86 544.55 0.00 0.00 0.00 482.31 263.70 376.02 331.01 90.05 193.61 434.07 0.00 119.15 208.75 647.79 153.50 134.09 0.00 0.00 0.00 0.00 6,186.68 Page 5 Exhibit 32.1 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of Special Protection Reclamation Office of Special Reclamation Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Mine Status (3) Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Reclamation Expenditures Reclamation CalculationExpenditures Calculation Water Treatment Costs, for Water Forfeitures Treatment Occurring Costs, for after Forfeitures June 30,Occurring 2017 after June 30, 2017 Surface Surface June 30, 2017 June 30, 2017 As of Fiscal Year End 2019 Adjustment Factor Avg Recl Adjusted Forfeiture Permit Release Forfeited Released Cost per Acres Rate Bond Size Rate Acres Acres Acre (13) (14) (15) (16) (17) (18) (19) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 383.95 9.21 172.78 149.07 1,177.15 711.33 2,148.93 879.07 1,814.72 2,963.10 1,527.36 1,970.68 1,342.72 4,223.00 2,370.11 1,501.56 5,168.36 4,385.29 1,845.26 5,358.63 5,371.16 3,390.02 4,016.75 4,796.87 11,408.75 8,965.79 5,338.07 1,488.19 6,245.34 7,770.43 2,079.51 7,077.15 7,350.87 945.16 5,085.78 1,934.89 2,364.79 1,910.52 551.84 996.69 563.13 388.68 218.30 107.23 0.00 0.00 130,468.19 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.25 1.25 1.25 1.25 0.93 0.46 0.55 0.67 0.69 0.52 0.87 0.54 0.38 0.66 0.50 0.78 0.54 0.89 0.75 0.46 0.40 0.39 0.37 0.43 0.29 0.44 0.28 0.52 0.27 0.34 0.53 0.31 0.43 0.45 0.36 0.49 0.55 0.47 1.08 0.47 0.82 0.39 0.25 1.00 0.00 0.00 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.05 0.00 0.02 0.02 0.11 0.03 0.12 0.06 0.12 0.16 0.13 0.11 0.05 0.28 11.82 11.72 27.98 39.14 13.80 24.74 21.27 13.18 14.76 20.71 36.85 43.15 16.55 8.49 18.77 29.49 12.20 23.75 34.77 4.65 20.27 10.36 14.34 9.97 6.58 5.18 5.09 1.67 0.60 1.18 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 15.36 0.37 6.91 5.96 47.09 35.57 107.45 43.95 90.74 148.15 76.37 98.53 67.14 211.15 118.51 75.08 258.42 219.26 92.26 267.93 268.56 169.50 200.84 239.84 570.44 448.29 266.90 74.41 249.81 310.82 83.18 283.09 294.03 37.81 203.43 77.40 94.59 76.42 2.76 4.98 2.82 1.94 1.09 0.54 0.00 0.00 504.29 5,949.68 Pinnacle Actuarial Resources, Inc. $140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 Adjustment Factor Permit Status & Future FY (20) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (21) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 6.72 0.16 3.02 2.61 15.40 4.60 16.45 8.26 17.47 21.75 18.57 14.95 7.21 39.03 1,654.20 1,640.99 3,916.85 5,479.28 1,931.94 3,463.89 2,978.13 1,845.29 2,065.83 2,898.90 5,159.03 6,041.28 2,316.94 1,189.22 2,628.47 4,128.36 1,708.11 3,324.73 4,867.22 651.32 2,837.25 1,449.95 2,008.04 1,396.47 921.47 725.85 712.03 234.12 84.04 165.13 0.00 0.00 70,600.54 Page 6 Exhibit 32.1 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of Special Protection Reclamation Office of Special Reclamation e 2017 Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Mine Status (3) Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Reclamation Expenditures Reclamation CalculationExpenditures Calculation Water Treatment Costs, for Water Forfeitures Treatment Occurring Costs, for after Forfeitures June 30,Occurring 2017 after June 30, 2017 Surface Surface June 30, 2017 June 30, 2017 As of Fiscal Year End 2020 Adjustment Factor Avg Recl Adjusted Forfeiture Permit Release Forfeited Released Cost per Acres Rate Bond Size Rate Acres Acres Acre (22) (23) (24) (25) (26) (27) (28) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 428.87 63.16 162.42 0.00 2.26 1,504.17 0.00 601.43 813.30 1,072.77 264.66 302.06 1,224.40 0.00 85.21 651.77 307.26 155.44 0.00 880.49 3,217.14 1,080.72 1,694.14 568.88 1,723.10 1,042.63 5,322.78 1,783.93 2,332.38 2,457.71 2,494.95 2,979.19 2,246.16 505.80 1,573.72 4,446.52 2,844.14 2,560.71 1,802.88 788.61 2.00 51,987.77 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.25 1.00 1.00 0.00 1.25 0.25 0.00 0.47 0.36 0.25 1.07 0.25 0.58 0.00 1.00 0.25 0.25 1.07 0.00 0.25 0.36 0.25 0.25 0.25 0.35 0.25 0.47 0.70 0.43 0.62 0.48 0.69 0.48 1.09 0.77 0.60 0.71 0.53 0.70 0.80 1.25 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.01 0.02 0.00 0.00 0.04 0.00 0.03 0.03 0.03 2.83 0.76 7.09 0.00 0.85 1.63 0.77 1.67 0.00 2.20 12.74 2.97 4.66 1.56 6.62 2.87 27.61 13.78 11.03 16.82 13.10 22.54 11.75 6.06 13.42 29.28 22.20 14.89 13.90 6.94 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 17.15 3.16 8.12 0.00 0.11 75.21 0.00 30.07 40.66 53.64 13.23 15.10 61.22 0.00 4.26 32.59 15.36 7.77 0.00 44.02 160.86 54.04 84.71 28.44 68.92 41.71 212.91 71.36 93.30 98.31 99.80 119.17 89.85 20.23 7.87 22.23 14.22 12.80 9.01 3.94 0.00 272.70 1,735.37 Pinnacle Actuarial Resources, Inc. $140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 Adjustment Factor Permit Status & Future FY (29) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (30) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.50 0.88 2.27 0.00 0.04 5.26 0.00 3.92 4.07 3.75 395.83 105.72 992.43 0.00 119.29 228.12 107.54 233.37 0.00 308.17 1,784.14 416.08 652.25 219.02 926.65 401.41 3,865.77 1,928.57 1,544.50 2,354.94 1,833.65 3,156.04 1,644.71 847.96 1,878.20 4,099.58 3,108.56 2,084.74 1,946.57 971.80 0.00 38,177.32 Page 7 Exhibit 32.1 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of Special Protection Reclamation Office of Special Reclamation e 2017 Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Mine Status (3) Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Reclamation Expenditures Reclamation CalculationExpenditures Calculation Water Treatment Costs, for Water Forfeitures Treatment Occurring Costs, for after Forfeitures June 30,Occurring 2017 after June 30, 2017 Surface Surface June 30, 2017 June 30, 2017 As of Fiscal Year End 2020 Adjustment Factor Avg Recl Adjusted Forfeiture Permit Release Forfeited Released Cost per Acres Rate Bond Size Rate Acres Acres Acre (22) (23) (24) (25) (26) (27) (28) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1,423.62 0.00 0.00 0.00 0.00 4.03 0.00 0.00 0.00 202.04 0.00 288.93 155.51 0.00 0.00 0.00 112.28 0.00 1,609.39 1,803.37 946.90 1,339.80 0.00 0.00 0.00 1,063.34 655.65 934.91 823.00 223.90 287.05 664.06 0.00 296.24 537.99 776.58 96.50 345.58 0.00 0.00 0.00 0.00 14,590.70 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.48 0.00 0.00 0.00 0.00 1.00 0.00 0.00 0.00 0.25 0.00 0.36 1.00 0.00 0.00 0.00 1.00 0.00 0.25 0.25 0.25 0.25 0.00 0.00 0.00 0.28 0.25 0.25 0.25 0.25 0.42 0.41 0.00 0.25 0.25 0.54 1.02 0.25 0.00 0.00 0.00 0.00 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.07 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 1.03 1.56 0.00 0.00 0.00 1.12 0.00 4.02 4.51 2.37 3.68 0.00 0.00 0.00 3.30 1.80 2.57 2.26 0.62 1.32 2.96 0.00 0.81 1.48 4.58 1.08 0.95 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 56.94 0.00 0.00 0.00 0.00 0.20 0.00 0.00 0.00 10.10 0.00 14.45 7.78 0.00 0.00 0.00 5.61 0.00 80.47 90.17 47.35 66.99 0.00 0.00 0.00 42.53 26.23 37.40 32.92 8.96 11.48 26.56 0.00 11.85 21.52 3.88 0.48 1.73 0.00 0.00 0.00 0.00 42.10 605.60 Pinnacle Actuarial Resources, Inc. $140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 Adjustment Factor Permit Status & Future FY (29) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (30) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 9.62 0.00 0.00 0.00 0.00 0.06 0.00 0.00 0.00 0.71 0.00 144.73 217.72 0.00 0.00 0.00 157.19 0.00 563.29 631.18 331.42 515.82 0.00 0.00 0.00 461.53 252.43 359.94 316.85 86.20 184.97 414.77 0.00 114.05 207.13 640.73 151.02 133.05 0.00 0.00 0.00 0.00 5,894.40 Page 8 Exhibit 32.1 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of Special Protection Reclamation Office of Special Reclamation e 2017 Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Surface Mine Status (3) Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Reclamation Expenditures Reclamation CalculationExpenditures Calculation Water Treatment Costs, for Water Forfeitures Treatment Occurring Costs, for after Forfeitures June 30,Occurring 2017 after June 30, 2017 Surface Surface June 30, 2017 June 30, 2017 As of Fiscal Year End 2020 Adjustment Factor Avg Recl Adjusted Forfeiture Permit Release Forfeited Released Cost per Acres Rate Bond Size Rate Acres Acres Acre (22) (23) (24) (25) (26) (27) (28) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 368.54 8.85 165.84 143.09 1,129.96 675.74 2,041.36 835.06 1,723.86 2,814.79 1,450.86 1,872.04 1,275.54 4,011.57 2,239.79 1,414.77 4,881.97 4,126.89 1,739.20 5,065.95 5,081.33 3,207.34 3,801.16 4,536.32 10,801.46 8,474.35 5,054.62 1,405.29 5,976.75 7,430.12 1,984.13 6,770.32 7,022.07 902.71 4,862.08 1,847.14 2,255.86 1,824.13 542.50 986.52 555.22 385.06 216.60 105.51 0.00 0.00 124,014.22 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.25 1.25 1.25 1.25 0.93 0.46 0.55 0.67 0.69 0.52 0.87 0.54 0.38 0.66 0.50 0.78 0.54 0.89 0.75 0.46 0.40 0.39 0.37 0.43 0.29 0.44 0.28 0.52 0.27 0.34 0.53 0.31 0.43 0.45 0.36 0.49 0.55 0.47 1.08 0.47 0.82 0.39 0.25 1.00 0.00 0.00 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.05 0.00 0.02 0.02 0.11 0.03 0.11 0.06 0.12 0.15 0.13 0.10 0.05 0.26 0.11 11.04 26.43 36.83 13.01 23.39 20.12 12.47 13.96 19.58 31.72 40.79 15.67 8.02 17.97 28.20 11.64 22.72 33.21 4.44 19.37 9.89 13.68 9.52 6.47 5.13 5.01 1.66 0.60 1.16 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 14.74 0.35 6.63 5.72 45.20 27.03 102.07 41.75 86.19 140.74 72.54 93.60 63.78 200.58 111.99 70.74 244.10 206.34 86.96 253.30 254.07 160.37 190.06 226.82 540.07 423.72 252.73 70.26 298.84 297.20 79.37 270.81 280.88 36.11 194.48 73.89 90.23 72.97 21.70 4.93 2.78 1.93 1.08 0.53 0.00 0.00 465.02 5,720.18 Pinnacle Actuarial Resources, Inc. $140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 140.00 Adjustment Factor Permit Status & Future FY (29) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (30) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 6.45 0.15 2.90 2.50 14.79 4.37 15.63 7.85 16.59 20.66 17.64 14.20 6.85 37.07 15.63 1,546.13 3,699.80 5,156.41 1,820.89 3,274.71 2,817.43 1,745.85 1,954.95 2,741.44 4,440.38 5,710.14 2,193.91 1,122.97 2,515.42 3,947.56 1,629.76 3,180.58 4,649.51 622.06 2,712.46 1,384.19 1,915.54 1,333.32 905.87 718.44 702.04 231.94 83.39 162.49 0.00 0.00 65,102.90 Page 9 Exhibit 32.2 West Virginia Department of Environmental Protection Office of Special Reclamation Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Mine Status (3) Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Current Bonded Acres (4) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 123.25 651.83 293.69 198.01 322.08 5,590.35 377.10 21.04 32.30 238.44 5.18 81.30 219.75 647.75 234.86 580.92 103.05 101.24 151.82 378.99 109.68 235.51 126.91 63.96 580.74 604.37 953.24 227.16 180.61 496.25 272.08 57.94 281.96 87.09 227.37 560.02 225.76 177.90 33.45 22.30 15,877.25 Reclamation Expenditures Calculation Water Treatment Costs, for Forfeitures Occurring after June 30, 2017 Underground June 30, 2017 As of Fiscal Year End 2018 Adjustment Factor Forfeiture Permit Release Forfeited Released Rate Bond Size Rate Acres Acres (5) (6) (7) (8) (9) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.00 0.48 1.03 0.37 1.12 0.27 0.32 1.25 1.25 1.01 1.25 1.04 0.39 0.49 1.05 0.45 1.25 1.03 1.19 0.60 1.03 1.07 1.17 1.10 0.66 0.41 0.72 1.08 1.06 0.82 1.04 1.25 1.11 1.25 1.12 1.04 1.14 1.23 1.25 1.25 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.000% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.03 0.03 0.01 0.04 0.15 0.01 0.00 0.00 0.02 0.06 0.84 0.87 3.14 2.46 2.62 1.29 1.15 1.99 2.51 1.24 2.76 1.64 0.77 4.22 2.73 7.53 2.70 2.11 4.46 3.13 0.80 3.44 1.20 2.81 6.43 2.84 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 6.16 32.59 14.68 9.90 16.10 279.52 18.86 1.05 1.62 11.92 0.26 4.07 10.99 32.39 11.74 29.05 4.12 4.05 6.07 15.16 4.39 9.42 5.08 2.56 23.23 24.17 38.13 9.09 7.22 24.81 13.60 2.90 14.10 4.35 11.37 28.00 11.29 0.00 0.00 0.00 68.02 744.01 Pinnacle Actuarial Resources, Inc. Avg Recl Cost per Acre (10) $260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 Adjustment Factor Permit Status & Future FY (11) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (12) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.20 8.10 7.84 1.91 9.41 39.59 3.18 0.68 1.05 6.26 16.84 218.86 225.39 817.46 638.66 681.07 334.91 297.75 517.50 651.42 321.56 718.65 426.29 200.97 1,096.72 710.39 1,957.36 700.77 547.98 1,159.58 813.05 207.14 893.33 311.35 729.32 1,672.86 737.86 0.00 0.00 0.00 17,686.25 Page 1 Exhibit 32.2 West Virginia Department of Environmental Protection Office of Special Reclamation Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Mine Status (3) Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Current Bonded Acres (4) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 103.30 0.00 0.00 23.02 80.45 45.71 69.04 415.09 1,031.66 360.89 43.54 0.00 112.03 200.53 104.66 139.00 14.02 0.00 296.33 345.33 307.49 92.09 342.93 427.44 296.54 137.62 0.00 278.87 141.54 164.25 75.89 303.26 50.83 169.62 191.95 91.49 159.70 24.05 13.74 12.00 0.00 0.00 0.00 6,665.90 Reclamation Expenditures Calculation Water Treatment Costs, for Forfeitures Occurring after June 30, 2017 Underground June 30, 2017 As of Fiscal Year End 2018 Adjustment Factor Forfeiture Permit Release Forfeited Released Rate Bond Size Rate Acres Acres (5) (6) (7) (8) (9) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.00 0.00 0.00 1.25 1.00 1.00 1.00 1.05 0.65 0.58 1.00 0.00 0.99 0.75 1.01 0.25 1.25 0.00 1.04 0.47 1.09 1.09 1.07 1.03 0.45 1.09 0.00 1.09 1.06 1.06 1.25 1.03 1.25 1.19 1.11 1.25 1.16 1.25 1.25 1.25 0.00 0.00 0.00 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.000% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.01 0.00 0.01 0.04 0.07 0.02 0.00 0.00 0.01 1.51 1.06 0.35 0.18 0.00 3.10 1.64 3.69 1.10 4.04 4.85 1.45 1.65 0.00 3.33 1.65 1.92 1.04 3.43 0.70 2.23 2.35 1.26 2.05 0.33 0.19 0.17 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4.13 0.00 0.00 1.15 4.02 2.29 3.45 20.75 51.58 18.04 2.18 0.00 5.60 10.03 5.23 6.95 0.70 0.00 14.82 13.81 12.30 3.68 13.72 17.10 11.86 5.50 0.00 11.15 5.66 6.57 3.04 12.13 2.54 8.48 9.60 4.57 7.99 1.20 0.69 0.60 0.00 0.00 0.00 45.43 303.13 Pinnacle Actuarial Resources, Inc. Avg Recl Cost per Acre (10) $260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 Adjustment Factor Permit Status & Future FY (11) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (12) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.69 0.00 0.00 0.75 2.09 1.19 1.80 11.32 17.36 5.48 1.13 0.00 2.89 392.41 274.84 90.35 45.57 0.00 805.04 426.21 958.47 286.03 1,049.48 1,261.70 377.91 429.37 0.00 866.91 428.01 499.15 271.31 892.41 181.72 579.55 611.79 327.08 532.03 85.98 49.12 42.90 0.00 0.00 0.00 11,812.00 Page 2 Exhibit 32.2 West Virginia Department of Environmental Protection Office of Special Reclamation Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Mine Status (3) Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Current Bonded Acres (4) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 22.53 25.13 36.33 128.30 115.31 763.80 137.48 1,766.39 1,132.36 333.26 89.42 355.98 255.05 182.92 35.63 10,293.67 84.48 212.90 607.38 329.13 184.16 306.96 95.91 297.32 456.32 149.53 197.14 20.27 57.88 43.30 11.06 77.48 54.60 0.00 25.60 62.76 0.00 0.00 0.00 0.00 0.00 0.00 18,947.74 Reclamation Expenditures Calculation Water Treatment Costs, for Forfeitures Occurring after June 30, 2017 Underground June 30, 2017 As of Fiscal Year End 2018 Adjustment Factor Forfeiture Permit Release Forfeited Released Rate Bond Size Rate Acres Acres (5) (6) (7) (8) (9) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.25 1.25 1.20 1.15 0.95 0.87 1.22 0.67 0.58 0.70 1.25 1.18 1.24 1.25 1.25 0.62 1.13 1.14 1.06 1.15 1.25 1.11 1.11 0.46 1.04 1.17 1.07 1.25 1.16 1.25 1.25 1.25 1.25 0.00 1.25 1.25 0.00 0.00 0.00 0.00 0.00 0.00 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.000% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.01 0.07 0.02 0.12 0.07 0.02 0.01 0.04 3.16 2.29 0.45 63.34 0.95 2.43 6.44 4.15 2.53 3.73 1.17 1.52 5.23 1.92 2.31 0.28 0.74 0.60 0.15 1.07 0.75 0.00 0.35 0.86 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.90 1.26 1.82 6.42 5.77 38.19 6.87 88.32 56.62 16.66 4.47 17.80 12.75 9.15 1.78 514.68 4.22 10.65 24.30 13.17 7.37 12.28 3.84 11.89 18.25 5.98 7.89 0.81 2.32 1.73 0.44 3.87 2.73 0.00 1.28 3.14 0.00 0.00 0.00 0.00 0.00 0.00 106.79 919.60 Pinnacle Actuarial Resources, Inc. Avg Recl Cost per Acre (10) $260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 Adjustment Factor Permit Status & Future FY (11) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (12) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.73 0.82 1.14 3.85 2.84 17.25 4.36 30.57 16.95 6.04 2.91 10.93 820.46 594.49 115.80 16,468.43 248.08 632.32 1,673.54 1,079.91 658.37 971.07 304.28 394.22 1,358.61 498.58 601.67 72.47 192.69 154.80 39.54 276.99 195.20 0.00 91.52 224.37 0.00 0.00 0.00 0.00 0.00 0.00 27,765.78 Page 3 Exhibit 32.2 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of Special Protection Reclamation Office of Special Reclamation Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Mine Status (3) Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Reclamation Expenditures Reclamation CalculationExpenditures Calculation Water Treatment Costs, for Water Forfeitures Treatment Occurring Costs, for after Forfeitures June 30,Occurring 2017 after June 30, 2017 Underground Underground June 30, 2017 June 30, 2017 As of Fiscal Year End 2019 Adjustment Factor Avg Recl Adjusted Forfeiture Permit Release Forfeited Released Cost per Acres Rate Bond Size Rate Acres Acres Acre (13) (14) (15) (16) (17) (18) (19) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 117.08 619.21 278.98 188.10 305.94 5,310.68 358.23 19.99 30.68 226.49 4.86 76.39 207.90 612.22 220.66 549.25 97.64 96.05 143.76 361.32 104.06 223.33 120.19 60.63 553.29 577.46 907.58 215.38 171.28 466.98 255.35 54.25 264.43 81.54 213.20 525.58 211.63 177.90 33.45 22.30 15,065.22 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.00 0.48 1.03 0.37 1.12 0.27 0.32 1.25 1.25 1.01 1.25 1.04 0.39 0.49 1.05 0.45 1.25 1.03 1.19 0.60 1.03 1.07 1.17 1.10 0.66 0.41 0.72 1.08 1.06 0.82 1.04 1.25 1.11 1.25 1.12 1.04 1.14 1.23 1.25 1.25 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.03 0.03 0.01 0.03 0.14 0.01 0.00 0.00 0.02 0.00 0.79 0.82 2.97 2.31 2.48 1.22 0.99 1.88 2.39 1.17 2.62 1.55 0.73 4.02 2.61 7.17 2.56 2.00 4.20 2.93 0.75 3.22 1.12 2.63 6.04 2.66 2.40 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5.85 30.96 13.95 9.41 15.30 265.53 17.91 1.00 1.53 11.32 0.24 3.82 10.39 30.61 11.03 27.46 4.88 3.84 5.75 14.45 4.16 8.93 4.81 2.43 22.13 23.10 36.30 8.62 6.85 18.68 12.77 2.71 13.22 4.08 10.66 26.28 10.58 8.90 0.00 0.00 66.53 710.46 Pinnacle Actuarial Resources, Inc. $260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 Adjustment Factor Permit Status & Future FY (20) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (21) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.04 7.70 7.45 1.81 8.94 37.61 3.02 0.65 1.00 5.95 0.16 205.65 213.23 772.62 600.04 643.95 317.33 256.79 490.01 621.05 305.07 681.47 403.74 190.50 1,044.89 678.76 1,863.61 664.43 519.67 1,091.18 763.05 193.93 837.78 291.50 683.85 1,570.00 691.69 624.02 0.00 0.00 17,297.12 Page 4 Exhibit 32.2 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of Special Protection Reclamation Office of Special Reclamation Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Mine Status (3) Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Reclamation Expenditures Reclamation CalculationExpenditures Calculation Water Treatment Costs, for Water Forfeitures Treatment Occurring Costs, for after Forfeitures June 30,Occurring 2017 after June 30, 2017 Underground Underground June 30, 2017 June 30, 2017 As of Fiscal Year End 2019 Adjustment Factor Avg Recl Adjusted Forfeiture Permit Release Forfeited Released Cost per Acres Rate Bond Size Rate Acres Acres Acre (13) (14) (15) (16) (17) (18) (19) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 99.16 0.00 0.00 21.87 76.42 43.42 65.58 394.29 980.01 342.82 41.36 0.00 106.42 188.99 98.37 131.70 13.14 0.00 278.42 329.88 291.50 87.31 325.18 405.49 283.22 130.46 0.00 264.38 134.23 155.76 71.81 287.70 47.59 158.91 180.00 85.66 149.67 22.52 12.86 11.24 0.00 0.00 0.00 6,317.34 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.00 0.00 0.00 1.25 1.00 1.00 1.00 1.05 0.65 0.58 1.00 0.00 0.99 0.75 1.01 0.25 1.25 0.00 1.04 0.47 1.09 1.09 1.07 1.03 0.45 1.09 0.00 1.09 1.06 1.06 1.25 1.03 1.25 1.19 1.11 1.25 1.16 1.25 1.25 1.25 0.00 0.00 0.00 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.01 0.00 0.01 0.04 0.06 0.02 0.00 0.00 0.01 0.01 0.99 0.33 0.16 0.00 2.91 1.57 3.18 1.04 3.83 4.60 1.39 1.57 0.00 3.16 1.56 1.82 0.99 3.26 0.65 2.09 2.21 1.18 1.92 0.31 0.18 0.15 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.97 0.00 0.00 1.09 3.82 2.17 3.28 19.71 49.00 17.14 2.07 0.00 5.32 9.45 4.92 6.59 0.66 0.00 13.92 16.49 11.66 3.49 13.01 16.22 11.33 5.22 0.00 10.58 5.37 6.23 2.87 11.51 1.90 7.95 9.00 4.28 7.48 1.13 0.64 0.56 0.00 0.00 0.00 41.22 290.03 Pinnacle Actuarial Resources, Inc. $260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 Adjustment Factor Permit Status & Future FY (20) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (21) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.58 0.00 0.00 0.71 1.99 1.13 1.71 10.75 16.49 5.21 1.08 0.00 2.74 3.70 258.32 85.61 42.72 0.00 756.37 407.14 826.04 271.17 995.15 1,196.90 360.94 407.04 0.00 821.87 405.91 473.35 256.72 846.61 170.13 542.96 573.70 306.23 498.61 80.50 45.99 40.17 0.00 0.00 0.00 10,718.22 Page 5 Exhibit 32.2 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of Special Protection Reclamation Office of Special Reclamation Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Mine Status (3) Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Reclamation Expenditures Reclamation CalculationExpenditures Calculation Water Treatment Costs, for Water Forfeitures Treatment Occurring Costs, for after Forfeitures June 30,Occurring 2017 after June 30, 2017 Underground Underground June 30, 2017 June 30, 2017 As of Fiscal Year End 2019 Adjustment Factor Avg Recl Adjusted Forfeiture Permit Release Forfeited Released Cost per Acres Rate Bond Size Rate Acres Acres Acre (13) (14) (15) (16) (17) (18) (19) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 21.63 23.87 34.51 121.87 109.53 725.54 130.59 1,677.95 1,075.68 316.57 84.94 338.14 239.14 171.49 33.40 9,715.65 79.30 199.82 576.65 311.81 174.26 290.95 90.90 283.91 432.84 141.63 186.94 19.18 54.82 40.97 10.47 72.54 51.12 0.00 23.97 58.76 0.00 0.00 0.00 0.00 0.00 0.00 17,921.35 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.25 1.25 1.20 1.15 0.95 0.87 1.22 0.67 0.58 0.70 1.25 1.18 1.24 1.25 1.25 0.62 1.13 1.14 1.06 1.15 1.25 1.11 1.11 0.46 1.04 1.17 1.07 1.25 1.16 1.25 1.25 1.25 1.25 0.00 1.25 1.25 0.00 0.00 0.00 0.00 0.00 0.00 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.01 0.06 0.02 0.11 0.06 0.02 0.01 0.04 0.03 2.14 0.42 59.78 0.90 2.28 6.11 3.58 2.40 3.54 1.11 1.45 4.96 1.82 2.19 0.26 0.70 0.56 0.14 1.00 0.70 0.00 0.33 0.81 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.87 0.95 1.73 6.09 5.48 36.28 6.53 83.90 53.78 15.83 4.25 16.91 11.96 8.57 1.67 485.78 3.97 9.99 28.83 12.47 6.97 11.64 3.64 11.36 17.31 5.67 7.48 0.77 2.19 1.64 0.42 2.90 2.56 0.00 1.20 2.94 0.00 0.00 0.00 0.00 0.00 0.00 97.57 874.50 Pinnacle Actuarial Resources, Inc. $260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 Adjustment Factor Permit Status & Future FY (20) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (21) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.70 0.78 1.08 3.65 2.70 16.39 4.14 29.04 16.10 5.74 2.76 10.39 7.69 557.33 108.56 15,543.67 232.87 593.48 1,588.86 930.08 622.98 920.41 288.40 376.44 1,288.71 472.24 570.54 68.57 182.52 146.48 37.41 259.33 182.75 0.00 85.69 210.06 0.00 0.00 0.00 0.00 0.00 0.00 25,368.55 Page 6 Exhibit 32.2 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of Special Protection Reclamation Office of Special Reclamation ound 2017 Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Mine Status (3) Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Reclamation Expenditures Reclamation CalculationExpenditures Calculation Water Treatment Costs, for Water Forfeitures Treatment Occurring Costs, for after Forfeitures June 30,Occurring 2017 after June 30, 2017 Underground Underground June 30, 2017 June 30, 2017 As of Fiscal Year End 2020 Adjustment Factor Avg Recl Adjusted Forfeiture Permit Release Forfeited Released Cost per Acres Rate Bond Size Rate Acres Acres Acre (22) (23) (24) (25) (26) (27) (28) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 111.21 588.22 265.00 178.69 290.61 5,045.00 340.31 18.98 29.14 215.15 4.61 71.78 196.68 578.64 207.32 519.32 91.54 91.22 136.12 344.48 98.72 211.77 113.83 57.47 527.14 551.75 864.11 204.21 162.43 444.10 239.65 50.79 247.98 76.34 199.91 493.27 198.39 166.60 33.45 22.30 14,288.23 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.00 0.48 1.03 0.37 1.12 0.27 0.32 1.25 1.25 1.01 1.25 1.04 0.39 0.49 1.05 0.45 1.25 1.03 1.19 0.60 1.03 1.07 1.17 1.10 0.66 0.41 0.72 1.08 1.06 0.82 1.04 1.25 1.11 1.25 1.12 1.04 1.14 1.23 1.25 1.25 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.03 0.03 0.01 0.03 0.14 0.01 0.00 0.00 0.02 0.00 0.01 0.78 2.81 2.17 2.34 1.14 0.94 1.62 2.28 1.11 2.49 1.47 0.69 3.83 2.49 6.82 2.42 1.90 3.99 2.75 0.70 3.02 1.05 2.47 5.67 2.49 2.25 0.46 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4.45 29.41 13.25 8.93 14.53 252.25 17.02 0.95 1.46 10.76 0.23 3.59 9.83 28.93 10.37 25.97 4.58 4.56 5.44 13.78 3.95 8.47 4.55 2.30 21.09 22.07 34.56 8.17 6.50 17.76 9.59 2.54 12.40 3.82 10.00 24.66 9.92 8.33 1.67 0.00 62.45 672.63 Pinnacle Actuarial Resources, Inc. $260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 Adjustment Factor Permit Status & Future FY (29) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (30) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.89 7.31 7.07 1.72 8.49 35.73 2.87 0.62 0.95 5.65 0.15 1.93 201.73 730.24 563.77 608.84 297.50 243.88 421.81 592.10 289.43 646.21 382.37 180.58 995.50 648.54 1,774.35 629.97 492.82 1,037.72 716.13 181.57 785.68 272.92 641.23 1,473.46 648.41 584.40 119.58 0.00 16,236.10 Page 7 Exhibit 32.2 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of Special Protection Reclamation Office of Special Reclamation ound 2017 Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Mine Status (3) Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Reclamation Expenditures Reclamation CalculationExpenditures Calculation Water Treatment Costs, for Water Forfeitures Treatment Occurring Costs, for after Forfeitures June 30,Occurring 2017 after June 30, 2017 Underground Underground June 30, 2017 June 30, 2017 As of Fiscal Year End 2020 Adjustment Factor Avg Recl Adjusted Forfeiture Permit Release Forfeited Released Cost per Acres Rate Bond Size Rate Acres Acres Acre (22) (23) (24) (25) (26) (27) (28) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 95.18 0.00 0.00 20.77 72.59 41.24 62.30 374.54 930.95 325.66 39.29 0.00 101.09 179.53 92.46 124.79 12.32 0.00 261.59 311.82 276.67 82.77 308.34 384.67 270.51 123.68 0.00 250.64 127.30 147.71 67.95 272.93 45.03 148.88 168.79 80.20 140.27 21.08 12.04 10.52 0.00 0.00 0.00 5,986.09 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.00 0.00 0.00 1.25 1.00 1.00 1.00 1.05 0.65 0.58 1.00 0.00 0.99 0.75 1.01 0.25 1.25 0.00 1.04 0.47 1.09 1.09 1.07 1.03 0.45 1.09 0.00 1.09 1.06 1.06 1.25 1.03 1.25 1.19 1.11 1.25 1.16 1.25 1.25 1.25 0.00 0.00 0.00 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.01 0.00 0.01 0.04 0.06 0.02 0.00 0.00 0.01 0.01 0.01 0.31 0.15 0.00 2.73 1.48 3.02 0.90 3.63 4.37 1.33 1.48 0.00 3.00 1.48 1.73 0.93 3.09 0.62 1.96 2.07 1.10 1.80 0.29 0.17 0.14 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.81 0.00 0.00 0.83 3.63 2.06 3.11 18.73 46.55 16.28 1.96 0.00 5.05 8.98 4.62 6.24 0.62 0.00 13.08 15.59 13.83 3.31 12.33 15.39 10.82 4.95 0.00 10.03 5.09 5.91 2.72 10.92 1.80 5.96 8.44 4.01 7.01 1.05 0.60 0.53 0.00 0.00 0.00 37.96 275.84 Pinnacle Actuarial Resources, Inc. $260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 Adjustment Factor Permit Status & Future FY (29) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (30) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.47 0.00 0.00 0.68 1.89 1.07 1.62 10.21 15.66 4.94 1.02 0.00 2.61 3.51 2.43 81.11 40.05 0.00 710.65 384.85 783.99 233.71 943.63 1,135.44 344.73 385.88 0.00 779.17 384.96 448.88 242.93 803.17 160.99 508.68 537.98 286.70 467.29 75.37 43.06 37.60 0.00 0.00 0.00 9,868.93 Page 8 Exhibit 32.2 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of Special Protection Reclamation Office of Special Reclamation ound 2017 Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Underground Mine Status (3) Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Reclamation Expenditures Reclamation CalculationExpenditures Calculation Water Treatment Costs, for Water Forfeitures Treatment Occurring Costs, for after Forfeitures June 30,Occurring 2017 after June 30, 2017 Underground Underground June 30, 2017 June 30, 2017 As of Fiscal Year End 2020 Adjustment Factor Avg Recl Adjusted Forfeiture Permit Release Forfeited Released Cost per Acres Rate Bond Size Rate Acres Acres Acre (22) (23) (24) (25) (26) (27) (28) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 20.76 22.91 32.78 115.76 104.05 689.20 124.04 1,593.94 1,021.83 300.72 80.68 321.19 227.16 160.77 31.32 9,170.08 74.44 187.55 541.70 295.76 164.89 275.77 86.16 271.11 410.57 134.15 177.27 18.15 51.93 38.77 9.90 68.64 47.86 0.00 22.44 55.01 0.00 0.00 0.00 0.00 0.00 0.00 16,949.28 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 1.100% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.25 1.25 1.20 1.15 0.95 0.87 1.22 0.67 0.58 0.70 1.25 1.18 1.24 1.25 1.25 0.62 1.13 1.14 1.06 1.15 1.25 1.11 1.11 0.46 1.04 1.17 1.07 1.25 1.16 1.25 1.25 1.25 1.25 0.00 1.25 1.25 0.00 0.00 0.00 0.00 0.00 0.00 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.01 0.06 0.02 0.11 0.06 0.02 0.01 0.04 0.03 0.02 0.39 56.43 0.84 2.14 5.74 3.39 2.06 3.36 1.05 1.38 4.70 1.72 2.08 0.25 0.66 0.53 0.14 0.94 0.66 0.00 0.31 0.76 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.83 0.92 1.31 5.79 5.20 34.46 6.20 79.70 51.09 15.04 4.03 16.06 11.36 8.04 1.57 458.50 3.72 9.38 27.09 14.79 6.60 11.03 3.45 10.84 16.42 5.37 7.09 0.73 2.08 1.55 0.40 2.75 1.91 0.00 1.12 2.75 0.00 0.00 0.00 0.00 0.00 0.00 89.93 829.15 Pinnacle Actuarial Resources, Inc. $260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 260.00 Adjustment Factor Permit Status & Future FY (29) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (30) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.67 0.74 1.03 3.47 2.56 15.57 3.93 27.59 15.30 5.45 2.62 9.86 7.31 5.23 101.78 14,670.85 218.60 557.03 1,492.58 882.20 535.91 872.40 273.34 359.47 1,222.40 447.29 541.02 64.88 172.88 138.60 35.40 245.39 171.10 0.00 80.22 196.67 0.00 0.00 0.00 0.00 0.00 0.00 23,381.35 Page 9 Exhibit 32.3 West Virginia Department of Environmental Protection Office of Special Reclamation Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Mine Status (3) Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Current Bonded Acres (4) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 20.00 28.52 0.00 34.08 125.00 65.00 12.76 139.84 550.72 3,036.00 1,734.38 2,870.67 1,498.93 1,449.90 1,114.64 105.36 312.00 351.06 56.15 164.28 883.76 1,293.06 1,090.23 1,634.41 1,185.33 1,162.12 1,151.98 58.70 438.48 24.48 694.36 1,102.24 375.01 619.46 301.44 238.77 596.48 273.55 854.22 118.05 789.96 846.95 44.65 169.35 170.63 65.90 29,852.86 Reclamation Expenditures Calculation Water Treatment Costs, for Forfeitures Occurring after June 30, 2017 Other June 30, 2017 As of Fiscal Year End 2018 Adjustment Factor Forfeiture Permit Release Forfeited Released Rate Bond Size Rate Acres Acres (5) (6) (7) (8) (9) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.25 1.25 0.00 1.25 1.25 1.25 1.25 1.25 1.09 0.52 0.57 0.64 0.44 0.56 0.53 1.06 1.10 1.25 1.25 1.17 0.54 0.55 0.45 0.31 0.30 0.73 0.30 1.25 0.80 1.22 0.31 0.54 0.77 0.59 1.11 1.13 0.72 1.01 0.53 1.25 0.79 0.76 1.25 1.12 0.44 1.20 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 5.000% 5.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 4.000% 4.000% 3.000% 3.000% 3.000% 2.000% 1.000% 1.000% 0.500% 0.500% 0.000% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.01 0.00 0.02 0.06 0.16 0.10 0.18 0.07 4.09 2.98 0.56 1.72 2.19 0.35 0.96 2.37 3.58 2.45 2.54 1.78 4.24 1.72 0.37 1.74 0.15 1.06 2.98 1.44 1.84 1.68 1.35 2.14 1.38 2.27 0.74 3.11 3.20 0.28 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.03 0.00 0.03 0.13 0.07 0.01 0.14 16.52 91.08 52.03 86.12 44.97 43.50 33.44 3.16 9.36 10.53 1.68 4.93 26.51 38.79 32.71 49.03 35.56 58.11 57.60 1.76 13.15 0.73 20.83 33.07 11.25 24.78 12.06 7.16 17.89 8.21 17.08 1.18 7.90 4.23 0.22 0.00 0.00 0.00 57.89 877.58 Pinnacle Actuarial Resources, Inc. Avg Recl Cost per Acre (10) $200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 Adjustment Factor Permit Status & Future FY (11) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (12) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.50 0.71 0.00 0.85 3.13 1.63 0.32 3.50 11.99 31.47 19.92 36.93 13.16 818.99 595.37 111.77 344.31 438.83 70.19 191.71 473.48 716.33 489.76 508.02 356.27 848.93 344.00 73.38 348.99 29.96 212.55 596.71 288.40 367.07 336.03 269.34 427.67 276.80 454.63 147.56 621.66 639.59 55.81 0.00 0.00 0.00 11,578.22 Page 1 Exhibit 32.3 West Virginia Department of Environmental Protection Office of Special Reclamation Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Mine Status (3) Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Current Bonded Acres (4) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 281.18 52.00 0.00 9.75 470.23 1,160.41 48.25 1,713.51 26.00 394.50 612.21 20.21 491.54 700.45 362.69 50.33 215.12 892.07 770.77 171.34 233.39 90.95 0.00 233.33 472.50 188.75 107.86 30.80 0.00 0.00 53.90 118.83 9.90 0.00 133.81 66.26 191.70 57.00 0.00 0.00 0.00 0.00 10,431.54 Reclamation Expenditures Calculation Water Treatment Costs, for Forfeitures Occurring after June 30, 2017 Other June 30, 2017 As of Fiscal Year End 2018 Adjustment Factor Forfeiture Permit Release Forfeited Released Rate Bond Size Rate Acres Acres (5) (6) (7) (8) (9) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.02 1.25 0.00 1.25 0.54 0.35 1.25 0.50 1.25 0.45 0.41 1.25 0.55 0.44 0.50 1.25 1.17 0.52 0.41 1.06 1.02 1.23 0.00 0.63 0.25 0.43 1.25 1.25 0.00 0.00 1.25 1.00 1.25 0.00 1.00 1.00 1.00 1.25 0.00 0.00 0.00 0.00 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 5.000% 5.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 4.000% 4.000% 3.000% 3.000% 3.000% 2.000% 1.000% 1.000% 0.500% 0.500% 0.000% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.03 0.01 0.00 0.00 0.03 0.04 0.01 0.09 0.00 0.89 1.24 0.13 1.35 1.53 0.91 0.31 1.26 2.34 1.56 0.91 1.19 0.56 0.00 0.73 0.59 0.41 0.67 0.19 0.00 0.00 0.34 0.59 0.06 0.00 0.67 0.33 0.96 0.36 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.28 0.05 0.00 0.01 14.11 34.81 1.45 51.41 0.78 11.84 18.37 0.61 14.75 21.01 10.88 1.51 6.45 26.76 23.12 5.14 7.00 4.55 0.00 7.00 14.18 5.66 3.24 0.92 0.00 0.00 2.16 3.56 0.30 0.00 2.68 0.66 1.92 0.29 0.00 0.00 0.00 0.00 20.28 297.44 Pinnacle Actuarial Resources, Inc. Avg Recl Cost per Acre (10) $200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 Adjustment Factor Permit Status & Future FY (11) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (12) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5.74 1.30 0.00 0.24 5.12 8.20 1.21 17.13 0.65 178.13 248.73 25.26 270.39 305.45 181.41 62.91 251.74 467.66 312.59 181.64 238.14 112.20 0.00 145.98 118.13 81.19 134.83 38.50 0.00 0.00 67.38 118.83 12.38 0.00 133.81 66.26 191.70 71.25 0.00 0.00 0.00 0.00 4,056.07 Page 2 Exhibit 32.3 West Virginia Department of Environmental Protection Office of Special Reclamation Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Mine Status (3) Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Current Bonded Acres (4) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 9.00 27.00 0.00 34.00 0.00 0.00 58.69 10.00 1,007.91 1,892.78 457.88 3,078.26 476.66 398.19 245.30 272.00 14.00 49.49 54.00 327.16 0.00 102.94 61.00 0.00 183.32 0.00 106.00 179.00 89.00 16.66 0.00 0.00 0.00 0.00 0.00 0.00 3.60 29.85 41.99 0.00 6.75 1.00 0.00 0.00 0.00 0.00 9,233.43 Reclamation Expenditures Calculation Water Treatment Costs, for Forfeitures Occurring after June 30, 2017 Other June 30, 2017 As of Fiscal Year End 2018 Adjustment Factor Forfeiture Permit Release Forfeited Released Rate Bond Size Rate Acres Acres (5) (6) (7) (8) (9) 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.25 1.25 0.00 1.25 0.00 0.00 1.25 1.25 1.25 1.00 1.25 0.70 0.77 1.18 1.04 0.43 1.25 1.03 1.25 0.54 0.00 1.00 1.00 0.00 1.04 0.00 1.00 0.25 1.25 1.25 0.00 0.00 0.00 0.00 0.00 0.00 1.25 1.25 1.01 0.00 1.25 1.25 0.00 0.00 0.00 0.00 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 5.000% 5.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 4.000% 4.000% 3.000% 3.000% 3.000% 2.000% 1.000% 1.000% 0.500% 0.500% 0.000% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.13 0.19 0.06 0.21 0.04 2.35 1.27 0.59 0.09 0.25 0.34 0.88 0.00 0.51 0.31 0.00 0.96 0.00 0.53 0.22 0.56 0.10 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.19 0.21 0.00 0.04 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.03 0.00 0.03 0.00 0.00 0.06 0.01 30.24 56.78 13.74 92.35 14.30 11.95 7.36 8.16 0.42 1.48 1.62 9.81 0.00 3.09 1.83 0.00 5.50 0.00 5.30 5.37 2.67 0.50 0.00 0.00 0.00 0.00 0.00 0.00 0.11 0.90 0.84 0.00 0.07 0.01 0.00 0.00 0.00 0.00 10.07 274.52 Pinnacle Actuarial Resources, Inc. Avg Recl Cost per Acre (10) $200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 Adjustment Factor Permit Status & Future FY (11) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (12) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.23 0.68 0.00 0.85 0.00 0.00 1.47 0.25 25.20 37.69 11.45 42.91 7.37 469.33 254.80 118.00 17.50 50.83 67.50 176.95 0.00 102.94 61.00 0.00 191.11 0.00 106.00 44.75 111.25 20.83 0.00 0.00 0.00 0.00 0.00 0.00 4.50 37.31 42.58 0.00 8.44 1.25 0.00 0.00 0.00 0.00 2,014.94 Page 3 Exhibit 32.3 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of Special Protection Reclamation Office of Special Reclamation Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Mine Status (3) Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Reclamation Expenditures Reclamation CalculationExpenditures Calculation Water Treatment Costs, for Water Forfeitures Treatment Occurring Costs, for after Forfeitures June 30,Occurring 2017 after June 30, 2017 Other Other June 30, 2017 June 30, 2017 As of Fiscal Year End 2019 Adjustment Factor Avg Recl Adjusted Forfeiture Permit Release Forfeited Released Cost per Acres Rate Bond Size Rate Acres Acres Acre (13) (14) (15) (16) (17) (18) (19) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 19.98 28.49 0.00 34.04 124.86 64.93 12.75 139.68 534.14 2,944.76 1,682.25 2,784.37 1,453.90 1,402.31 1,078.22 101.64 300.92 338.33 54.11 158.39 854.88 1,250.69 1,055.07 1,582.84 1,147.99 1,099.77 1,092.66 56.57 423.58 23.60 672.47 1,066.19 362.32 592.85 287.70 230.26 576.45 263.96 834.86 116.13 778.95 839.52 44.15 169.35 170.63 65.90 28,917.39 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.25 1.25 0.00 1.25 1.25 1.25 1.25 1.25 1.09 0.52 0.57 0.64 0.44 0.56 0.53 1.06 1.10 1.25 1.25 1.17 0.54 0.55 0.45 0.31 0.30 0.73 0.30 1.25 0.80 1.22 0.31 0.54 0.77 0.59 1.11 1.13 0.72 1.01 0.53 1.25 0.79 0.76 1.25 1.12 0.44 1.20 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 5.000% 5.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 4.000% 4.000% 3.000% 3.000% 3.000% 2.000% 1.000% 1.000% 0.500% 0.500% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.01 0.00 0.02 0.06 0.15 0.10 0.18 0.06 0.08 2.88 0.54 1.66 2.11 0.34 0.92 2.29 3.46 2.37 2.46 1.73 4.02 1.63 0.35 1.69 0.14 1.03 2.89 1.39 1.76 1.60 1.30 2.07 1.34 2.22 0.73 3.06 3.17 0.28 0.95 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.03 0.00 0.03 0.12 0.06 0.01 0.14 0.53 88.34 50.47 83.53 43.62 42.07 32.35 3.05 9.03 10.15 1.62 4.75 25.65 37.52 31.65 47.49 34.44 32.99 54.63 2.83 12.71 0.71 20.17 31.99 10.87 17.79 11.51 9.21 17.29 7.92 25.05 2.32 7.79 8.40 0.22 0.85 0.00 0.00 53.06 821.92 Pinnacle Actuarial Resources, Inc. $200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 Adjustment Factor Permit Status & Future FY (20) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (21) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.50 0.71 0.00 0.85 3.12 1.62 0.32 3.49 11.63 30.53 19.32 35.82 12.76 15.84 575.92 107.82 332.08 422.92 67.64 184.84 458.01 692.86 473.97 491.99 345.05 803.38 326.29 70.72 337.13 28.88 205.85 577.19 278.64 351.30 320.72 259.74 413.30 267.10 444.33 145.16 613.00 633.97 55.18 190.33 0.00 0.00 10,611.84 Page 4 Exhibit 32.3 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of Special Protection Reclamation Office of Special Reclamation Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Mine Status (3) Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Reclamation Expenditures Reclamation CalculationExpenditures Calculation Water Treatment Costs, for Water Forfeitures Treatment Occurring Costs, for after Forfeitures June 30,Occurring 2017 after June 30, 2017 Other Other June 30, 2017 June 30, 2017 As of Fiscal Year End 2019 Adjustment Factor Avg Recl Adjusted Forfeiture Permit Release Forfeited Released Cost per Acres Rate Bond Size Rate Acres Acres Acre (13) (14) (15) (16) (17) (18) (19) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 280.87 51.94 0.00 9.74 456.10 1,125.56 46.80 1,662.02 25.22 381.77 592.60 19.48 475.44 677.91 350.90 48.51 207.41 862.97 746.08 165.29 225.20 85.84 0.00 225.60 457.73 182.68 103.95 29.68 0.00 0.00 51.41 114.67 9.54 0.00 130.46 65.27 188.82 56.36 0.00 0.00 0.00 0.00 10,113.82 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.02 1.25 0.00 1.25 0.54 0.35 1.25 0.50 1.25 0.45 0.41 1.25 0.55 0.44 0.50 1.25 1.17 0.52 0.41 1.06 1.02 1.23 0.00 0.63 0.25 0.43 1.25 1.25 0.00 0.00 1.25 1.00 1.25 0.00 1.00 1.00 1.00 1.25 0.00 0.00 0.00 0.00 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 5.000% 5.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 4.000% 4.000% 3.000% 3.000% 3.000% 2.000% 1.000% 1.000% 0.500% 0.500% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.03 0.01 0.00 0.00 0.02 0.04 0.01 0.08 0.00 0.02 1.20 0.12 1.31 1.48 0.88 0.30 1.21 2.26 1.51 0.88 1.15 0.53 0.00 0.71 0.57 0.39 0.65 0.19 0.00 0.00 0.32 0.57 0.06 0.00 0.65 0.33 0.94 0.35 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.28 0.05 0.00 0.01 0.46 33.77 1.40 49.86 0.76 11.45 17.78 0.58 14.26 20.34 10.53 1.46 6.22 25.89 22.38 4.96 6.76 2.58 0.00 11.28 13.73 5.48 3.12 0.89 0.00 0.00 2.06 4.59 0.29 0.00 3.91 1.31 1.89 0.56 0.00 0.00 0.00 0.00 18.78 280.87 Pinnacle Actuarial Resources, Inc. $200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 Adjustment Factor Permit Status & Future FY (20) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (21) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5.73 1.30 0.00 0.24 4.97 7.95 1.17 16.62 0.63 3.45 240.76 24.35 261.53 295.62 175.52 60.63 242.71 452.41 302.58 175.23 229.78 105.90 0.00 141.15 114.43 78.58 129.94 37.10 0.00 0.00 64.26 114.67 11.93 0.00 130.46 65.27 188.82 70.45 0.00 0.00 0.00 0.00 3,756.14 Page 5 Exhibit 32.3 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of Special Protection Reclamation Office of Special Reclamation Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Mine Status (3) Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Reclamation Expenditures Reclamation CalculationExpenditures Calculation Water Treatment Costs, for Water Forfeitures Treatment Occurring Costs, for after Forfeitures June 30,Occurring 2017 after June 30, 2017 Other Other June 30, 2017 June 30, 2017 As of Fiscal Year End 2019 Adjustment Factor Avg Recl Adjusted Forfeiture Permit Release Forfeited Released Cost per Acres Rate Bond Size Rate Acres Acres Acre (13) (14) (15) (16) (17) (18) (19) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 8.99 26.97 0.00 33.96 0.00 0.00 58.62 9.99 977.55 1,835.81 444.09 2,985.70 462.32 383.90 236.67 263.25 13.49 47.75 52.04 316.46 0.00 99.34 58.87 0.00 176.86 0.00 100.17 173.41 85.77 16.06 0.00 0.00 0.00 0.00 0.00 0.00 3.47 28.77 40.94 0.00 6.64 0.99 0.00 0.00 0.00 0.00 8,948.83 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.25 1.25 0.00 1.25 0.00 0.00 1.25 1.25 1.25 1.00 1.25 0.70 0.77 1.18 1.04 0.43 1.25 1.03 1.25 0.54 0.00 1.00 1.00 0.00 1.04 0.00 1.00 0.25 1.25 1.25 0.00 0.00 0.00 0.00 0.00 0.00 1.25 1.25 1.01 0.00 1.25 1.25 0.00 0.00 0.00 0.00 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 5.000% 5.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 4.000% 4.000% 3.000% 3.000% 3.000% 2.000% 1.000% 1.000% 0.500% 0.500% 0.000% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.12 0.18 0.06 0.21 0.04 0.05 1.23 0.57 0.08 0.25 0.33 0.86 0.00 0.50 0.29 0.00 0.92 0.00 0.50 0.22 0.54 0.10 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.18 0.21 0.00 0.04 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.03 0.00 0.03 0.00 0.00 0.06 0.01 0.98 55.07 13.32 89.57 13.87 11.52 7.10 7.90 0.40 1.43 1.56 9.49 0.00 2.98 1.77 0.00 5.31 0.00 5.01 8.67 2.57 0.48 0.00 0.00 0.00 0.00 0.00 0.00 0.10 0.86 1.23 0.00 0.07 0.01 0.00 0.00 0.00 0.00 7.50 241.42 Pinnacle Actuarial Resources, Inc. $200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 Adjustment Factor Permit Status & Future FY (20) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (21) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.22 0.67 0.00 0.85 0.00 0.00 1.47 0.25 24.44 36.55 11.10 41.62 7.14 9.05 245.83 114.20 16.87 49.04 65.05 171.16 0.00 99.34 58.87 0.00 184.38 0.00 100.17 43.35 107.22 20.07 0.00 0.00 0.00 0.00 0.00 0.00 4.34 35.96 41.51 0.00 8.30 1.24 0.00 0.00 0.00 0.00 1,500.27 Page 6 Exhibit 32.3 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of Special Protection Reclamation Office of Special Reclamation r 2017 Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Mine Status (3) Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Reclamation Expenditures Reclamation CalculationExpenditures Calculation Water Treatment Costs, for Water Forfeitures Treatment Occurring Costs, for after Forfeitures June 30,Occurring 2017 after June 30, 2017 Other Other June 30, 2017 June 30, 2017 As of Fiscal Year End 2020 Adjustment Factor Avg Recl Adjusted Forfeiture Permit Release Forfeited Released Cost per Acres Rate Bond Size Rate Acres Acres Acre (22) (23) (24) (25) (26) (27) (28) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 19.96 28.46 0.00 34.00 124.72 64.85 12.73 139.53 533.55 2,856.27 1,631.68 2,700.66 1,410.22 1,360.16 1,043.00 98.05 290.23 326.07 52.15 152.72 826.94 1,209.70 1,021.05 1,532.89 1,111.82 1,062.76 1,036.40 53.39 409.19 22.74 651.26 1,031.32 350.05 573.30 274.59 219.75 557.09 254.71 807.59 113.08 768.10 827.95 43.65 167.55 170.63 65.90 28,042.42 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.25 1.25 0.00 1.25 1.25 1.25 1.25 1.25 1.09 0.52 0.57 0.64 0.44 0.56 0.53 1.06 1.10 1.25 1.25 1.17 0.54 0.55 0.45 0.31 0.30 0.73 0.30 1.25 0.80 1.22 0.31 0.54 0.77 0.59 1.11 1.13 0.72 1.01 0.53 1.25 0.79 0.76 1.25 1.12 0.44 1.20 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 5.000% 5.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 4.000% 4.000% 3.000% 3.000% 3.000% 2.000% 1.000% 1.000% 0.500% 0.500% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.01 0.00 0.02 0.06 0.15 0.09 0.17 0.06 0.08 0.06 0.52 1.60 2.04 0.33 0.89 2.22 3.35 2.29 2.38 1.67 3.88 1.55 0.33 1.63 0.14 1.00 2.79 1.35 1.70 1.53 1.24 2.00 1.29 2.15 0.71 3.02 3.13 0.27 0.94 0.38 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.03 0.00 0.03 0.12 0.06 0.01 0.14 0.53 2.86 48.95 81.02 42.31 40.80 31.29 2.94 8.71 9.78 1.56 4.58 24.81 36.29 30.63 45.99 33.35 31.88 31.09 2.67 20.46 0.68 19.54 30.94 10.50 17.20 8.24 8.79 22.28 7.64 24.23 3.39 15.36 8.28 0.44 0.84 0.85 0.00 49.02 712.14 Pinnacle Actuarial Resources, Inc. $200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 Adjustment Factor Permit Status & Future FY (29) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (30) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.50 0.71 0.00 0.85 3.12 1.62 0.32 3.49 11.62 29.61 18.74 34.75 12.38 15.37 11.14 104.01 320.29 407.59 65.19 178.22 443.04 670.15 458.69 476.47 334.18 776.35 309.48 66.74 325.67 27.84 199.36 558.31 269.21 339.72 306.10 247.89 399.42 257.73 429.82 141.35 604.45 625.24 54.56 188.30 75.29 0.00 9,804.88 Page 7 Exhibit 32.3 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of Special Protection Reclamation Office of Special Reclamation r 2017 Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Mine Status (3) Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Inactive Reclamation Expenditures Reclamation CalculationExpenditures Calculation Water Treatment Costs, for Water Forfeitures Treatment Occurring Costs, for after Forfeitures June 30,Occurring 2017 after June 30, 2017 Other Other June 30, 2017 June 30, 2017 As of Fiscal Year End 2020 Adjustment Factor Avg Recl Adjusted Forfeiture Permit Release Forfeited Released Cost per Acres Rate Bond Size Rate Acres Acres Acre (22) (23) (24) (25) (26) (27) (28) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 280.56 51.88 0.00 9.73 455.62 1,091.75 45.39 1,612.08 24.46 370.30 573.62 18.77 459.87 656.09 339.50 46.75 199.97 834.82 722.19 159.46 217.29 82.74 0.00 213.61 443.43 176.81 100.18 28.61 0.00 0.00 49.03 109.51 9.20 0.00 125.90 63.63 185.99 55.44 0.00 0.00 0.00 0.00 9,814.17 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.02 1.25 0.00 1.25 0.54 0.35 1.25 0.50 1.25 0.45 0.41 1.25 0.55 0.44 0.50 1.25 1.17 0.52 0.41 1.06 1.02 1.23 0.00 0.63 0.25 0.43 1.25 1.25 0.00 0.00 1.25 1.00 1.25 0.00 1.00 1.00 1.00 1.25 0.00 0.00 0.00 0.00 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 5.000% 5.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 4.000% 4.000% 3.000% 3.000% 3.000% 2.000% 1.000% 1.000% 0.500% 0.500% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.03 0.01 0.00 0.00 0.02 0.04 0.01 0.08 0.00 0.02 0.02 0.12 1.26 1.43 0.85 0.29 1.17 2.19 1.46 0.85 1.11 0.51 0.00 0.67 0.55 0.38 0.63 0.18 0.00 0.00 0.31 0.55 0.06 0.00 0.63 0.32 0.93 0.35 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.28 0.05 0.00 0.01 0.46 1.09 1.36 48.36 0.73 11.11 17.21 0.56 13.80 19.68 10.18 1.40 6.00 25.04 21.67 4.78 6.52 2.48 0.00 10.68 22.17 5.30 3.01 0.86 0.00 0.00 1.47 4.38 0.37 0.00 3.78 1.91 3.72 0.55 0.00 0.00 0.00 0.00 17.01 250.99 Pinnacle Actuarial Resources, Inc. $200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 Adjustment Factor Permit Status & Future FY (29) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (30) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5.73 1.30 0.00 0.24 4.96 7.71 1.13 16.12 0.61 3.34 4.66 23.46 252.97 286.11 169.81 58.43 234.01 437.65 292.89 169.04 221.72 102.07 0.00 133.65 110.86 76.05 125.23 35.76 0.00 0.00 61.29 109.51 11.49 0.00 125.90 63.63 185.99 69.30 0.00 0.00 0.00 0.00 3,402.64 Page 8 Exhibit 32.3 West Virginia Department West of Environmental Virginia Department Protection of Environmental Office of Special Protection Reclamation Office of Special Reclamation r 2017 Permit Issue Year (1) 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 TOTAL Mine Type (2) Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Other Mine Status (3) Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Phased Released Reclamation Expenditures Reclamation CalculationExpenditures Calculation Water Treatment Costs, for Water Forfeitures Treatment Occurring Costs, for after Forfeitures June 30,Occurring 2017 after June 30, 2017 Other Other June 30, 2017 June 30, 2017 As of Fiscal Year End 2020 Adjustment Factor Avg Recl Adjusted Forfeiture Permit Release Forfeited Released Cost per Acres Rate Bond Size Rate Acres Acres Acre (22) (23) (24) (25) (26) (27) (28) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 8.98 26.94 0.00 33.92 0.00 0.00 58.56 9.98 976.45 1,780.55 430.71 2,895.92 448.42 372.34 228.34 254.78 13.00 46.07 50.16 306.11 0.00 95.86 56.80 0.00 170.64 0.00 94.66 164.52 82.66 15.47 0.00 0.00 0.00 0.00 0.00 0.00 3.34 27.73 39.50 0.00 6.53 0.97 0.00 0.00 0.00 0.00 8,699.92 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.010% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.500% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.25 1.25 0.00 1.25 0.00 0.00 1.25 1.25 1.25 1.00 1.25 0.70 0.77 1.18 1.04 0.43 1.25 1.03 1.25 0.54 0.00 1.00 1.00 0.00 1.04 0.00 1.00 0.25 1.25 1.25 0.00 0.00 0.00 0.00 0.00 0.00 1.25 1.25 1.01 0.00 1.25 1.25 0.00 0.00 0.00 0.00 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 0.100% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 5.000% 5.000% 3.000% 3.000% 3.000% 3.000% 3.000% 3.000% 4.000% 4.000% 3.000% 3.000% 3.000% 2.000% 1.000% 1.000% 0.500% 0.500% 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.12 0.18 0.05 0.20 0.03 0.04 0.02 0.55 0.08 0.24 0.31 0.83 0.00 0.48 0.28 0.00 0.89 0.00 0.47 0.21 0.52 0.10 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.17 0.20 0.00 0.04 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.03 0.00 0.03 0.00 0.00 0.06 0.01 0.98 1.78 12.92 86.88 13.45 11.17 6.85 7.64 0.39 1.38 1.50 9.18 0.00 2.88 1.70 0.00 5.12 0.00 2.84 8.23 4.13 0.46 0.00 0.00 0.00 0.00 0.00 0.00 0.13 0.83 1.19 0.00 0.13 0.01 0.00 0.00 0.00 0.00 6.07 181.92 Pinnacle Actuarial Resources, Inc. $200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 Adjustment Factor Permit Status & Future FY (29) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Gross Cost (30) $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.22 0.67 0.00 0.85 0.00 0.00 1.46 0.25 24.41 35.45 10.77 40.37 6.93 8.78 4.74 110.53 16.25 47.32 62.69 165.57 0.00 95.86 56.80 0.00 177.89 0.00 94.66 41.13 103.33 19.34 0.00 0.00 0.00 0.00 0.00 0.00 4.18 34.66 40.06 0.00 8.17 1.22 0.00 0.00 0.00 0.00 1,214.56 Page 9 Exhibit 32.4 West Virginia Department of Environmental Protection Office of Special Reclamation Reclamation Expenditures Calculation Water Treatment Costs, for Forfeitures Occurring after June 30, 2017 June 30, 2017 Footnotes for Exhibits 32.1 through 32.3: (1) - (4) Client data (5) Exhibit 23.1 Cols (1), (3), and (5) (6) Exhibit 22.2 Col (1) adjusted for current acreage distribution by year (7) Exhibit 23.1 Cols (2), (4), and (6) (8) Col (4) x Col (5) x Col (6) (9) Col (4) x Col (7) (10) Exhibit 13.1 Col (3) (11) Exhibit 22.1 Col (3) x Exhibit 22.3 Col (1) (12) Col (8) x Col (10) x Col (11) (13) Col (4) - [Col (8) + Col (9)] (14) Exhibit 23.1 Cols (1), (3), and (5) (15) Col (6) (16) Exhibit 23.1 Cols (2), (4), and (6) (17) Col (13) x Col (14) x Col (15) (18) Col (13) x Col (16) (19) Col (10) (20) Exhibit 22.1 Col (3) x Exhibit 22.3 Col (1) (21) Col (17) x Col (19) x Col (20) (22) Col (13) - [Col (17) + Col (18)] (23) Exhibit 23.1 Cols (1), (3), and (5) (24) Col (15) (25) Exhibit 23.1 Cols (2), (4), and (6) (26) Col (22) x Col (23) x Col (24) (27) Col (22) x Col (25) (28) Col (10) (29) Exhibit 22.1 Col (3) x Exhibit 22.3 Col (1) (30) Col (26) x Col (28) x Col (29) Same calculations continue for fiscal years 2021 through 2052 Pinnacle Actuarial Resources, Inc.