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Massey Energy Buys Coal Reserves From Appalachian Fuels

November 18, 2009 (FinancialWire) — Massey Energy Company (NYSE: MEE ) said it has completed an additional acquisition of metallurgical and steam coal reserves from the now bankrupt Appalachian Fuels, LLC. and its affiliates.

The reserves, located in Barbour County, West Virginia, consist of approximately 15 million tons of high volatile coal. In addition to the coal reserves, Massey also acquired various permits which will assist with establishing the infrastructure required to begin production on the property. The transaction was completed on November 13, 2009.

Richmond, Virginia-based Massey Energy is a coal company with operations in West Virginia, Kentucky and Virginia.

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Free annual reports, filings and conference call webcasts for companies mentioned in the news are available via Investrend Syndications (http://investrend.ar.wilink.com/?level=279). Tuesday’s issued reports and/or recorded webcasts include Cavico Corp. (OTCBB: CVIC), Thornburg Ltd. Term Income Fund (NASDAQ: THIFX), Apache Corp. (NYSE: APA), Baytex Energy Trust (NYSE: BTE), Citizens, Inc. (NYSE: CIA), Scottish Oriental Smaller Companies Trust PLC (OTC: SCSHF) (London Stock Exchange: SOST), JPMorgan Elect Plc (London Stock Exchange: JPE) and Solitario Exploration & Royalty Corp. (AMEX: XPL).

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