Raven Crest
In April 2010, Xinergy acquired the Raven Crest property, which is located in Boone County, West Virgnia and covers 12,262 acres of land. With two surface mines and one highwall mine, Raven Crest has 17.2 million tons of proven and probable reserves*, approximately 5.0 million** of which are permitted. Xinergy is committed to effectively increasing the permitted reserves through continous exploration at Raven Crest.
Highlights of Raven Crest*
| Acreage |
12,262 |
| Average BTU |
12,995 |
| Average SO2 |
1.19 lbs |
| Infrastructure |
CSX load-out facility |
| Reserves |
17.2 million tons proven and probable |
*Source: Summit Engineering Inc. report dated January 2010
**Management estimate