Hazard, Kentucky Office
The Hazard, Kentucky office of Kentucky River properties is located at 300 Black Gold Boulevard, Hazard, and Perry County, Kentucky. The office was established in 1915 and has been the principal office for engineering, geology, timber, oil and gas and legal. The office moved from downtown Hazard in 1993 to a new office building on Black Gold Boulevard.
Kentucky River Properties subsidiaries, Timberlands, LLC, KRCC Oil and Gas, LLC, Freedom Energy, LLC, and Liberty Land, LLC are also housed and operate from this office.
The Hazard office staff includes the Chief Engineer, land surveyors, a geologist, mine inspectors, land managers, CAD technicians, and the Executive Vice President and General Counsel, as well as the administrative staff.
From this office, Kentucky River Properties operates and monitors its holdings in the Central Appalachian Coal Basin primarily in the southeastern Kentucky counties of Perry, Knott, Letcher, Leslie, Breathitt, Clay and Harlan Counties, currently consisting of more than 270,000 acres of surface, mineral, oil and gas and fee properties. Typical coal seams in the basin include multiple seams of high quality Central App coal with average Btu content of 12,500. Oil and gas development is generally from the Big Lime and Devonian Shale formations with many wells producing consistently for more than 10 years.
Kentucky River Properties also manages more than 140,000 acres of forest land in the Eastern Deciduous Forest producing high quality hardwoods used and exported around the world.
In 1997, Kentucky River began working with the Kentucky Department of Fish and Wildlife in an Elk Restoration project which re-introduced Elk to eastern Kentucky.
KRP’s holdings in the Illinois Basin, principally in southern Illinois and Indiana, are also managed from the Hazard office. These holdings consist of over 100,000 acres of surface, mineral, oil and gas, and fee properties, and include several areas of potential mineral development. Freedom Energy, LLC and Liberty Land, LLC, two of KRP’s subsidiaries that operate in the Illinois Basis, are housed in the Hazard office as well.
Freedom Energy and Liberty Land both engage in various coal, oil and gas, timber, agriculture, and hunting leases on our properties. They currently seek expansion of these operations and maintain a positive presence in the area.
