Current domestic US energy production has been focusing on oil and gas production. New, smaller companies have been working once-closed oil drill sites to find leftover reserves. What has been less publicized is that the same general principles apply to other energy sources such as coal.
Quest Minerals & Mining Corp., an acquirer and operator of energy related properties, extracts natural mineral resources from the Southeastern parts of the United States. The company, having addressed equipment and staffing requirements, is quickly approaching production at a reopened coal seam in Eastern Kentucky (its first.) Through its wholly owned subsidies, Quest Energy Ltd. and Gwenco Inc., the company operates with over 700 acres of coal mines and approximately 13 million tons of coal in place.
The company is relatively young but has mapped a strategic long-term plan. Through a reverse merger with Tillman Inc., and a strategic merger with Gwenco Inc., the company has developed an infrastructure ready to become a force within the overall energy markets. It is currently focusing on coal with its existing mine operations and plans to open another new seam by year’s end. The future foresees movement into other forms of energy such as oil and gas.
Quest Minerals & Mining is finding success with its long-term plan. Movement from its current coal focus into other energy markets has begun by solidifying its current coal base in Kentucky and addressing its next step toward coal in West Virginia and western Virginia. Oil and gas will follow as opportunities present themselves. The company’s plan has also been pushed forward by existing infrastructure, created by the historic presence of coal and coal mining, and this infrastructure includes rail, barges, workers and equipment, all of which are readily available, further reducing expenses.
As coal continues to be the leading energy source for power and other plants, the company’s focus on Super Compliance coal will surely place it among the leaders in natural resource extraction – even with its young age as a factor. The US will certainly need the company’s services well into the future with company management more than willing to help.
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