Arch Coal Secures Additional Otter Creek Reserves

“We view the combined Otter Creek coal reserves as a strategic platform for future growth in the northern Powder River Basin,” said Steve Leer, Arch’s chairman and CEO. “The addition of the Montana state reserves further expands and strengthens our position while affording us greater flexibility in future site development. As previously stated, we believe these Northern PRB reserves will help us competitively serve U.S. power producers, supply additional coal for export to emerging Asia or possibly house the site of a future coal-conversion facility.”