Hallador Announces Reserves For Year End 2011

HALLADOR ENERGY CO (HNRG) 8-K

Current report filing

Filed on 01/26/2012

Filed Period 01/25/2012

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported): January 26, 2012 (January 25, 2012)

HALLADOR ENERGY COMPANY

(Exact name of registrant as specified in its charter)

Colorado 001-3473 84-1014610

(State or Other Jurisdiction of Incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)

1660 Lincoln Street, Suite 2700, Denver Colorado 80264-2701(Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code: 303-839-5504
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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Item 7.01 Regulation FD Disclosure.

2011 Reserve Data and Other Information

This information should be read in conjunction with our 2010 Form 10-K and our September 30, 2011 Form 10-Q.
1. Carlisle Reserve (assigned)

Controlled

Uncontrolled

Total

Estimated

Reserves Reserves Reserves

Reserves, January 1, 2011	46,680	8,636	55,316
New leases signed	1,756	(1,524)	232
Coal mined	(3,297)		(3,297)

Add/Subtract for sterile coal, new data,
additional property, revised plan, etc. 865 3,445 4,310
Reserves, December 31, 2011 46,004 10,557 56,561

Allerton Reserve (unassigned)

Controlled

Uncontrolled

Total

Estimated

Reserves Reserves Reserves

Reserves, January 1, 2011 26,279 22,557 48,836
New leases signed 3,741 (3,741)
Coal mined
New drilling, revised additional mine areas, etc. 2,293 3,016 5,309
Reserves, January 1, 2012 32,313 21,832 54,145
2. Carlisle maintenance Cap Ex for 2012 is targeted at $10-12 million.
3. We previously reported that we expected to be paid the $4 million of MSHA cost reimbursements in December 2011; now we expect to receive such funds before the end of the first quarter 2012.
4. Savoy Energy's net daily oil production at December 31, 2011 was about 890 barrels per day. We own a 45% equity interest in Savoy.

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
HALLADOR ENERGY COMPANY
Date: January 26, 2012
By:/S/W.ANDERSON BISHOP W. Anderson Bishop, CFO

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