Last updated on April 18, 2014 at 1:21 EDT

News Briefing for Leading Energy Companies: New Colombia Resources, Cliffs Natural Resources, Peabody Energy, Alpha Natural Resources, Royale Energy and James River Coal

April 4, 2013

CORAL SPRINGS, Florida, April 4, 2013 /PRNewswire/ –

FinancialNewsMedia.com issues market news report for today’s Active Energy/Mining
Companies: New Colombia Resources, Inc.(OTCQB: NEWC), Cliffs Natural Resources Inc. (NYSE:
CLF), Peabody Energy Corp. (NYSE: BTU), Alpha Natural Resources (NYSE: ANR), Royale
Energy, Inc. (NASDAQ: ROYL) and James River Coal Company (NASDAQ: JRCC)

New Colombia Resources Inc. (OTCQB: NEWC) Engages SGS to Commence a Drill Program and
Exploration Services at their Metallurgical Coal Property in Colombia. NEWC has engaged
SGS Colombia S.A. to begin a N.I. 43-101 compliant drill program. At the conclusion of the
program, New Colombia will hire an international drilling company to drill the holes
according to the plan. SGS will take custody of the core samples back to their laboratory
in Barranquilla, Colombia and provide drill hole database management services. Other
services SGS will provide include a Topographic Survey and Geological Mapping. Once the
drill holes samples have been analyzed, a Qualified Person (QP), as defined by the
National Instrument 43-101, will provide a technical report. The N.I. 43-101 Technical
Report is an international standard used for the public disclosure of information relating
to mineral properties; it is broadly comparable to the Joint Ore Reserves Committee Code
(JORC Code) which regulates the publication of mineral exploration reports. Read the full
press release at


Cliffs Natural Resources Inc. (NYSE: CLF) released news this week it intends to
announce unaudited 2013 first-quarter financial results after the U.S.-market close
Wednesday, April 24, 2013. The Company invites interested parties to listen to a live
broadcast of a conference call with securities analysts and institutional investors to
discuss the results. The live webcast will be archived
http://www.cliffsnaturalresources.com Cliffs Natural Resources Inc. is an international
mining and natural resources company. A member of the S&P 500 Index, the Company is a
major global iron ore producer and a significant producer of high- and low-volatile
metallurgical coal.

Peabody Energy Corp. (NYSE: BTU) News: In an address to the China Development Forum
Economic Summit in Beijing , Peabody Energy Chairman and CEO Gregory H. Boyce shared his
views on how 21st Century Coal can advance China’s energy, economic and environmental
objectives. “As China’s unprecedented urbanization continues, coal provides the holistic
path that the nation needs to provide abundant, affordable energy that drives social and
economic progress while meeting the nation’s environmental goals,” said Boyce. “I applaud
China for taking a comprehensive approach to energy policy ? one that advances energy
access, economic growth and environmental protection. In the decades ahead, China is
positioned to once again lead the world in providing the global blueprint for building a
sustainable energy future built on 21st Century Coal.” Peabody Energy is the world’s
largest private-sector coal company and a global leader in sustainable mining and clean
coal solutions. The company serves metallurgical and thermal coal customers in more than
25 countries on six continents.

Alpha Natural Resources (NYSE: ANR), a leading U.S. coal supplier, recently announced
that Paramont Coal Company, Virginia, LLC has recently been recognized for its
environmental accomplishments. The awards were presented by the Virginia Mining
Association and the Division of Mined Land Reclamation at an annual dinner on Saturday,
March 23rd in Norton, Va. Alpha Natural Resources is one of the largest and most
regionally diversified coal suppliers in the United States. With mining operations in
Virginia, West Virginia, Kentucky, Pennsylvania and Wyoming, Alpha supplies metallurgical
coal to the steel industry and thermal coal to generate power to customers on five

Royale Energy, Inc. (NASDAQ: ROYL) operates as an independent oil and natural gas
producer in the United States. It engages in the production and sale of natural gas;
acquisition of oil and gas lease interests and proved reserves; drilling of exploratory
and development wells; and sale of fractional working interests in wells to be drilled. In
an article from Environment and Energy reprinted in a press release by Royale Energy,
petroleum geologist Ed Duncan says he is on the precipice of proving America’s next big
shale oil play. Duncan, president and CEO of Great Bear Petroleum, is betting big that
Alaska’s North Slope geology will yield bountiful untapped resources as vast as the
unconventional oil plays at Texas’ Eagle Ford and North Dakota’s Bakken shale fields.

James River Coal Company (NASDAQ: JRCC), through its subsidiaries, engages in mining,
processing, and selling thermal and metallurgical coal in eastern Kentucky, southern West
Virginia, and southern Indiana. The company operates in two segments, Central Appalachia
and the Midwest. James River Coal Company conducts its mining operations in Bell County,
Bledsoe, Blue Diamond Buckeye, Blue Diamond Leatherwood, Hampden, McCoy Elkhorn, Laurel
Mountain, and Triad mining complexes. As of December 31, 2012, the company had
approximately 341.7 million tons of proven and probable coal reserves. The Company
announced last month that it had a net loss of $138.9 million or $3.99 per fully diluted
share for the year ended December 31, 2012 and a net loss of $76.9 million or $2.21 per
fully diluted share for the fourth quarter of 2012. This is compared to a net loss of
$39.1 million or $1.19 per fully diluted share for the year ended December 31, 2011 and a
net loss of $28.5 million or $0.82 per fully diluted share for the fourth quarter of

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