U.S. DEPARTMENT OF THE INTERIORBUREAU OF LAND MANAGEMENT
 
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Successful Competitive Lease Sales Since 1990, Eastern States

BLM Eastern States maintains records of coal lease sales during the year.  This table provides information about lease sales based on the Lease by Application (LBA) serial number, which is used to identify and track applications.  Sometimes, the applicant is not the same as the final lessee because during the bidding process, someone may submit a larger bid than the applicant.

Data in this table may not add up to the state-specific totals listed on the BLM's national coal page because the national table includes information, such as lease modifications and relinquishments not included here.


LBA Serial Number

Applicant

Federal Register Notice

Acres Offered (per sale notice)

Tons Offered (per sale notice)

Successful Bid

$/ton

$/acre

Lessee (as issued)

Effective Date

ALES-041886

 River King Energy Co.

Vol. 55, No. 92, pg 19802

80.000

 160,300

 21,120.00

 .132

 263.76

 River King Energy Co.

 8/1/1990

KYES-041395

 Cairns Coal Co., Inc.

Vol. 55, No. 217, pg 47008

 960.000

4,335,500

196,000.00

.045

 204.17

 Apollo Fuels Inc.

 7/1/1991

KYES-042948

 Summit Engineering Co.

 Vol. 56, N0. 63, pg 13485

99.000

167,400

9,900.00

 .059

 100.00

 Wellmore Coal Co.

 10/1/1991

KYES-043034

 Peabody Coal Company

 Vol. 56, No. 63, pg 13485

 166.580

940,000

16,700.00

 .018

 100.25

 Peabody Coal Co.

7/1/1991

ALES-043165

 Pittsburgh and Midway Coal Mining Co., a Chevron Company

 Vol. 56, No. 112, pg 26830

 6,440.000

 24,600,000

1,300,000.00

 .05285

 201.86

 Pittsburgh and Midway Coal Mining Co., a Chevron Company

11/1/1991

KYES-045088

 Leeco Inc.

 Vol. 58, No. 146, pg 41100

 162.670

 543,291

 17,115.00

 .032

 105.21

 Leeco Inc.

 11/1/1993

ALES-044853

 Drummond Co., Incorporated

 Vol. 59, No. 34, pg 8268

 1,609.500

8,065,000

330,000.00

 .041

 205.03

 Drummond Co., Inc.

 8/1/1994

ALES-046611

 Drummond Co. Incorporated

 Vol. 61, No. 109, pg 28592

 40.080

 190,000

 8,405.00

 .044

 209.71

 Drummond Co., Inc.

 2/1/1997

ALES-047886

 Oak Mtn. Energy, LLC

 Vol. 62, No. 140, pg 39249

 40.470

544,000

4,223.00

 .008

 104.35

 Oak Mountain Energy, LLC

 4/1/1998

ALES-051589

 Pittsburgh and and Midway Mining Coal Co.

 Vol. 69, No. 169, pg 53461

 2,887.200

10,789,000

 320,568.00

 .030

 111.03

Pittsburgh and and Midway Coal Mining Co.

 2/1/2005

KYES-051002

 Bledsoe Coal Leasing Company

 Vol. 70, No. 124, pg 37430

 1,210.400

2,900,000

 501,000.00

 .173

 413.91

 Bledsoe Coal Leasing Company

 10/1/2005

KYES-050213

 Chas Coal LLC

Vol. 71, No. 59, pg 15473

 314.530

792,335

47,179.00

 .060

 150.00

 Chas Coal LLC

 8/1/2006

Source:  Lease sales data are from BLM Eastern States.  For additional information, please contact the BLM Eastern States office.

Definitions used in this table

Lease by Application (LBA) Serial Number:  A unique application identifier assigned by the BLM for processing the application.  Under an LBA, an application from the public to lease a particular tract of coal is submitted.

Applicant:  The applicant is the person, association, or corporation requesting the right to mine Federal coal through an LBA.  Applicants pay for BLM processing and work with the BLM through the application process.  Applicants shall meet the qualifications required in 43 CFR 3472.  Note that the applicant is not necessarily the lessee, who is the successful bidder.

Lessee (as issued):  The successful bidder for a lease who has entered into a contract with the BLM to develop Federal coal.  The successful bidder is determined by the highest bid that meets or exceeds the pre-sale Fair Market Value estimate, and has been determined to be qualified under 43 CFR 3472 to hold a lease.

Acres Offered (per sale notice):  The acres offered is the number published in the Federal Register lease sale notice or in the detailed statement of the terms and conditions of the lease provided prior to the sale.

Tons Offered (per sale notice):  The tons offered is the quantity of coal listed normally as recoverable reserve (sometimes provided as minable reserves) published in the Federal Register lease notice or in the detailed statement of the terms and conditions of the lease provided prior to the sale.  See 43 CFR 3480.0-5 for definitions of recoverable coal reserves and minable reserve base.

Successful Bid:  The amount of the bonus bid offered for a lease tract for the purpose of obtaining the right to explore and develop Federal coal.      

Effective Date:  The date the coal lease becomes effective. A lease normally becomes effective the first day of the month following the lease signature.


 
Last updated: 09-23-2013