<SEC-DOCUMENT>0000788965-18-000027.txt : 20180807
<SEC-HEADER>0000788965-18-000027.hdr.sgml : 20180807
<ACCEPTANCE-DATETIME>20180806202426
ACCESSION NUMBER:		0000788965-18-000027
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		5
CONFORMED PERIOD OF REPORT:	20180806
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20180807
DATE AS OF CHANGE:		20180806

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			HALLADOR ENERGY CO
		CENTRAL INDEX KEY:			0000788965
		STANDARD INDUSTRIAL CLASSIFICATION:	BITUMINOUS COAL & LIGNITE MINING [1220]
		IRS NUMBER:				841014610
		STATE OF INCORPORATION:			CO
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34743
		FILM NUMBER:		18996065

	BUSINESS ADDRESS:	
		STREET 1:		1660 LINCOLN ST STE 2700
		CITY:			DENVER
		STATE:			CO
		ZIP:			80264
		BUSINESS PHONE:		3038395505

	MAIL ADDRESS:	
		STREET 1:		1660 LINCOLN STREET
		STREET 2:		SUITE 2700
		CITY:			DENVER
		STATE:			CO
		ZIP:			80264

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HALLADOR PETROLEUM CO
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	KIMBARK OIL & GAS CO /CO/
		DATE OF NAME CHANGE:	19900102

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	KIMBARK INC
		DATE OF NAME CHANGE:	19860624
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>hnrg-20180806x8k.htm
<DESCRIPTION>8-K
<TEXT>
<!--HTML document created with Certent Disclosure Management 6.20.0.1-->
<!--Created on: 8/6/2018 6:17:57 PM-->
<html>
	<head>
		<title>
			hnrg_form8k-08062018
		</title>
	</head>
	<body><div style="margin-left:36pt;margin-right:36pt;">
		<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">UNITED STATES</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">SECURITIES AND EXCHANGE COMMISSION</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Washington, D.C. 20549</font>
		</p>
		<p style="margin:0pt 0pt 8pt;line-height:normal;text-align:center;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;color:#000000;font-size:10pt;">FORM 8-K</font>
		</p>
		<p style="margin:0pt 0pt 8pt;line-height:normal;text-align:center;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;">&nbsp;</font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">CURRENT REPORT</font>
		</p>
		<p style="margin:0pt 0pt 8pt;line-height:normal;text-align:center;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934</font>
		</p>
		<p style="margin:0pt 0pt 8pt;line-height:normal;text-align:center;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Date of Report (Date of ea</font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">rliest event reported): August 7</font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">, 2018 (August 4, 2018)</font>
		</p>
		<p style="margin:0pt;line-height:normal;text-align:center;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Calibri;color:#000000;font-size:10pt;">___________________________________________</font>
		</p>
		<p style="margin:0pt;line-height:normal;text-align:center;font-family:Calibri;font-size: 11pt">
			<br /><font style="display: inline;font-family:Arial;color:#000000;"></font><font style="display: inline;font-family:Arial;color:#000000;"><img src="hnrg-20180806x8kg001.jpg" style="width: 0.5138889in; height: 0.3611111in" alt="Picture 3"></font>
		</p>
		<p style="margin:0pt;line-height:normal;text-align:center;font-family:Calibri;font-size: 11pt">
			<font style="display: inline;font-family:Arial;color:#000000;"><img src="hnrg-20180806x8kg002.jpg" style="width: 0.4236111in; height: 0.4166667in" alt="Picture 8"></font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 20pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;color:#000000;font-size:20pt;">Hallador Energy Company</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">(Exact name of registrant as specified in its charter)</font>
		</p>
		<p style="margin:0pt 0pt 8pt;line-height:normal;text-align:center;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">_______________________________________</font>
		</p>
		<p style="margin:0pt 0pt 8pt;line-height:normal;text-align:center;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Calibri;font-weight:bold;color:#000000;font-size:10pt;">(Nasdaq: HNRG)</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;">
			<tr>
				<td valign="top" style="width:36.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Calibri;line-height:107.92%;height:1.00pt;overflow:hidden;font-size: 1pt">
						<font style="display: inline;font-family:Calibri;color:#000000;font-size:1pt;">4</font></p>
				</td>
				<td valign="top" style="width:27.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Calibri;line-height:107.92%;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:36.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Calibri;line-height:107.92%;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:36.36%;height:10.35pt;padding:0pt;">
					<p style="margin:0pt;font-family:Calibri;line-height:107.92%;font-size: 10pt">
						<font style="display: inline;font-family:Calibri;font-weight:bold;color:#000000;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:27.28%;height:10.35pt;padding:0pt;">
					<p style="margin:0pt;font-family:Calibri;line-height:107.92%;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:36.36%;height:10.35pt;padding:0pt;">
					<p style="margin:0pt;font-family:Calibri;line-height:107.92%;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:36.36%;padding:0pt;">
					<p style="margin:0pt;line-height:normal;text-align:center;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;font-size:10pt;text-decoration:underline;">Colorado</font></p>
				</td>
				<td valign="top" style="width:27.28%;padding:0pt;">
					<p style="margin:0pt;line-height:normal;text-align:center;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;font-size:10pt;text-decoration:underline;">001-34743</font></p>
				</td>
				<td valign="top" style="width:36.36%;padding:0pt;">
					<p style="margin:0pt;line-height:normal;text-align:center;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;font-size:10pt;text-decoration:underline;">84-1014610</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:36.36%;padding:0pt;">
					<p style="margin:0pt;line-height:normal;text-align:center;font-family:Calibri;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;">(State or other jurisdiction</font></p>
					<p style="margin:0pt;line-height:normal;text-align:center;font-family:Calibri;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> of incorporation)</font></p>
				</td>
				<td valign="top" style="width:27.28%;padding:0pt;">
					<p style="margin:0pt;line-height:normal;text-align:center;font-family:Calibri;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;">(Commission</font></p>
					<p style="margin:0pt;line-height:normal;text-align:center;font-family:Calibri;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> File Number)</font></p>
				</td>
				<td valign="top" style="width:36.36%;padding:0pt;">
					<p style="margin:0pt;line-height:normal;text-align:center;font-family:Calibri;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;">(IRS Employer</font></p>
					<p style="margin:0pt;line-height:normal;text-align:center;font-family:Calibri;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;">Identification No.)</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:normal;font-family:Calibri;font-size: 1pt">
			<font style="display: inline;font-family:Calibri;color:#000000;font-size:1pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:normal;font-family:Calibri;font-size: 9pt">
			<font style="display: inline;font-family:Calibri;color:#000000;font-size:9pt;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;">
			<tr>
				<td valign="bottom" style="width:49.64%;height:5.40pt;padding:0pt;">
					<p style="margin:0pt;font-family:Calibri;line-height:107.92%;height:5.40pt;font-size: 9pt">
						<font style="display: inline;font-family:Calibri;color:#000000;font-size:9pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:11.80%;height:5.40pt;padding:0pt;">
					<p style="margin:0pt;font-family:Calibri;line-height:107.92%;height:5.40pt;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:38.56%;height:5.40pt;padding:0pt;">
					<p style="margin:0pt;line-height:105%;font-family:Calibri;height:5.40pt;font-size: 1pt">
						<font style="display: inline;font-family:Calibri;font-size:1pt;">2.8</font></p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:49.64%;height:12.25pt;padding:0pt;">
					<p style="margin:0pt;line-height:normal;text-align:center;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;font-size:10pt;text-decoration:underline;">1660 Lincoln Street, Suite 2700, Denver, Colorado</font></p>
				</td>
				<td valign="top" style="width:11.80%;height:12.25pt;padding:0pt;">
					<p style="margin:0pt;line-height:normal;font-family:Calibri;overflow: hidden;font-size:0pt;">
						<font style="display: inline;font-family:Arial;font-size:10pt;">&nbsp; &nbsp;</font></p>
				</td>
				<td valign="bottom" style="width:38.56%;height:12.25pt;padding:0pt;">
					<p style="margin:0pt;line-height:normal;text-align:center;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;font-size:10pt;text-decoration:underline;">80264-2701</font></p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:49.64%;height:12.25pt;padding:0pt;">
					<p style="margin:0pt;line-height:normal;text-align:center;font-family:Calibri;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;">(Address of principal executive offices)</font></p>
				</td>
				<td valign="top" style="width:11.80%;height:12.25pt;padding:0pt;">
					<p style="margin:0pt;line-height:normal;font-family:Calibri;overflow: hidden;font-size:0pt;">
						<font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp; &nbsp;</font></p>
				</td>
				<td valign="bottom" style="width:38.56%;height:12.25pt;padding:0pt;">
					<p style="margin:0pt;line-height:normal;text-align:center;font-family:Calibri;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;">(Zip Code)</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:normal;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Calibri;color:#000000;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:normal;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Registrant&#x2019;s telephone number, including area code: (303) 839-5504</font>
		</p>
		<p style="margin:0pt 0pt 8pt;line-height:normal;text-align:center;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">_______________________________________</font>
		</p>
		<p style="margin:0pt;line-height:normal;text-align:center;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Calibri;color:#000000;font-size:10pt;">(Former name or former address, if changed since last report.)</font>
		</p>
		<p style="margin:0pt;line-height:normal;text-align:center;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Calibri;color:#000000;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:normal;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">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:</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;">
			<tr>
				<td valign="top" style="width:04.20%;height:10.80pt;padding:0pt;">
					<p style="margin:0pt;font-family:Calibri;line-height:107.92%;font-size: 10pt">
						<font style="display: inline;font-family:Calibri;color:#000000;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:95.80%;height:10.80pt;padding:0pt;">
					<p style="margin:0pt;font-family:Calibri;line-height:107.92%;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:04.20%;height:3.50pt;padding:0pt;">
					<p style="margin:0pt;line-height:normal;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Segoe UI Symbol;font-size:10pt;">&#x2610;</font></p>
				</td>
				<td valign="bottom" style="width:95.80%;height:3.50pt;padding:0pt;">
					<p style="margin:0pt;line-height:normal;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;font-size:10pt;">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</font></p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:04.20%;height:14.40pt;padding:0pt;">
					<p style="margin:0pt;line-height:normal;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Segoe UI Symbol;font-size:10pt;">&#x2610;</font></p>
				</td>
				<td valign="bottom" style="width:95.80%;height:14.40pt;padding:0pt;">
					<p style="margin:0pt;line-height:normal;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;font-size:10pt;">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</font></p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:04.20%;height:14.40pt;padding:0pt;">
					<p style="margin:0pt;line-height:normal;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Segoe UI Symbol;font-size:10pt;">&#x2610;</font></p>
				</td>
				<td valign="bottom" style="width:95.80%;height:14.40pt;padding:0pt;">
					<p style="margin:0pt;line-height:normal;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;font-size:10pt;">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</font></p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:04.20%;height:14.40pt;padding:0pt;">
					<p style="margin:0pt;line-height:normal;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Segoe UI Symbol;font-size:10pt;">&#x2610;</font></p>
				</td>
				<td valign="bottom" style="width:95.80%;height:14.40pt;padding:0pt;">
					<p style="margin:0pt;line-height:normal;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;font-size:10pt;">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Calibri;color:#000000;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#xA7;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#xA7;240.12b-2 of this chapter).</font>
		</p>
		<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Calibri;color:#000000;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:normal;text-align:right;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Emerging growth company&nbsp;</font><font style="display: inline;font-family:Segoe UI Symbol;color:#000000;font-size:10pt;">&#x2610;</font><font style="display: inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:normal;text-align:right;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Calibri;color:#000000;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:normal;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. &nbsp;</font><font style="display: inline;font-family:Segoe UI Symbol;color:#000000;font-size:10pt;">&#x2610;</font><font style="display: inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt">

		</p>
		<p><font size="1"> </font></p><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt;line-height:100%;font-family:Calibri;;font-size: 10pt"><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;"></font>
		</p>
		<p style="margin:0pt 0pt 8pt;font-family:Calibri;line-height:107.92%;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:10pt;">Item 2.02, Results of Operations and Financial Condition</font>
		</p>
		<p style="margin:0pt 0pt 7.5pt;background-color: #FFFFFF;font-family:Calibri;line-height:107.92%;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">S</font><font style="display: inline;font-family:Arial;font-size:10pt;">ee Press Release dated August</font><font style="display: inline;font-family:Arial;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:10pt;">6, 2018, </font><font style="display: inline;font-family:Arial;font-size:10pt;text-decoration:underline;">Hallador Energy Reports Results for Second Quarter and First Six Months of 2018</font><font style="display: inline;font-family:Arial;font-size:10pt;">,</font><font style="display: inline;font-family:Arial;font-size:10pt;text-decoration:underline;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:10pt;">attached hereto as Exhibit 99.1.</font>
		</p>
		<p style="margin:0pt 0pt 7.5pt;background-color: #FFFFFF;font-family:Calibri;line-height:107.92%;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 8pt;font-family:Calibri;line-height:107.92%;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:10pt;">Item 5.02, Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers</font>
		</p>
		<p style="margin:0pt 0pt 8pt;font-family:Calibri;line-height:107.92%;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">On August 4, 2018, Mr. Sheldon Lubar resigned as a member of Hallador Energy Company&#x2019;s Board of Directors (the &#x201C;Board&#x201D;).&nbsp;&nbsp;Since joining the Board in August 2008, he has been a member of Hallador&#x2019;s Audit, Nominating and Compensation Committees.&nbsp;&nbsp;&#x201C;Sheldon Lubar is a very special person with tremendous wisdom and grace.&nbsp;&nbsp;He has been a wonderful advisor and friend.&nbsp;&nbsp;On behalf of myself and Hallador Energy, I thank Sheldon for his service&#x201D; remarked Brent Bilsland, President and CEO of Hallador Energy. </font>
		</p>
		<p style="margin:0pt 0pt 8pt;font-family:Calibri;line-height:107.92%;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">The Board of Directors voted to increase its size from five to six members effective August 4 and appointed Mr. David Lubar to fill the vacancy created by the resignation of his father, Sheldon Lubar. Mr. Charles Wesley IV was appointed to fill the additional seat.</font>
		</p>
		<p style="margin:0pt 0pt 8pt;font-family:Calibri;line-height:107.92%;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">Mr. David Lubar was appointed to serve on the Audit, Nominating and Compensation Committees. </font>
		</p>
		<p style="margin:0pt 0pt 8pt;font-family:Calibri;line-height:107.92%;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">The Board considered the independence of Mr. Lubar and Mr. Wesley under the Nasdaq listing requirements and concluded that both gentlemen are independent directors under the applicable listing standards.</font>
		</p>
		<p style="margin:0pt 0pt 8pt;font-family:Calibri;line-height:107.92%;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">Mr. David Lubar (age 63) is President and CEO of Lubar &amp; Co.&nbsp;&nbsp;He began his career in 1977 at Norwest Bank (n/k/a Wells Fargo Bank) in Minneapolis, where he spent six years in commercial and correspondent banking.&nbsp;&nbsp;Mr. Lubar joined Lubar &amp; Co. in 1983 and has served as lead investor to over 20 companies in a wide range of industries and various stages of development.&nbsp;&nbsp;He currently serves as a director of each of the Lubar Companies as well as Northwestern Mutual Life Insurance Co., BMO Financial Corp., Milwaukee Brewers Baseball Team, and several other private companies.&nbsp;&nbsp;He also serves in many community leadership positions throughout the Milwaukee area.&nbsp;&nbsp;Mr. Lubar has a Bachelor of Arts degree from Bowdoin College and Master of Business Administration from the University of Minnesota.</font>
		</p>
		<p style="margin:0pt 0pt 8pt;font-family:Calibri;line-height:107.92%;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">Mr. Wesley (age 39) has served as President of Thoroughbred Resources L.P. since 2014 and CEO since 2016.&nbsp;&nbsp;Mr. Wesley served as Chief Planning and Commercial Officer of Ramaco Resources and, prior to joining Thoroughbred, Senior Counsel at Level 3 Communications, where he was also responsible for the operation and ultimate disposition of the company&#x2019;s coal mining operations.&nbsp;&nbsp;Prior to Level 3, he worked at the law firms of Arkin, Gump, Strauss, Hauer &amp; Feld and Strasburger &amp; Price, focusing on international energy transactions.&nbsp;&nbsp;He began his career with a coal company as a mining engineer. He is an active investor in natural resources and financial technology.&nbsp;&nbsp;Mr. Wesley is a board member across multiple industries and philanthropic organizations.&nbsp;&nbsp;Mr. Wesley holds a Juris Doctorate from the University of Kentucky College of Law and a Bachelor of Science in Mining Engineering from Virginia Polytechnic Institute.</font>
		</p>
		<p style="margin:0pt 0pt 8pt;font-family:Calibri;line-height:107.92%;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">&#x201C;We are excited to work with both David and Charlie.&nbsp;&nbsp;Each bring a unique perspective that the shareholders of Hallador will ultimately benefit from in the years to come&#x201D; concluded Brent Bilsland.</font>
		</p>
		<p style="margin:0pt 0pt 8pt;font-family:Calibri;line-height:107.92%;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 8pt;font-family:Calibri;line-height:107.92%;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:10pt;">Item 9.01, Financial Statements and Exhibits</font>
		</p>
		<p style="margin:0pt 0pt 8pt;font-family:Calibri;line-height:107.92%;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;text-decoration:underline;">Exhibit No.</font><font style="display: inline;font-family:Arial;font-size:10pt;text-decoration:underline;;font-size: 10pt;font-family:Calibri;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-family:Arial;font-size:10pt;text-decoration:underline;"></font><font style="display: inline;font-family:Arial;font-size:10pt;text-decoration:underline;;font-size: 10pt;font-family:Calibri;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-family:Arial;font-size:10pt;text-decoration:underline;">Description</font><font style="display: inline;font-family:Arial;font-size:10pt;text-decoration:underline;;font-size: 10pt;font-family:Calibri;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-family:Arial;font-size:10pt;text-decoration:underline;"></font><font style="display: inline;font-family:Arial;font-size:10pt;text-decoration:underline;;font-size: 10pt;font-family:Calibri;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-family:Arial;font-size:10pt;text-decoration:underline;"></font><font style="display: inline;font-family:Arial;font-size:10pt;text-decoration:underline;;font-size: 10pt;font-family:Calibri;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-family:Arial;font-size:10pt;text-decoration:underline;"></font><font style="display: inline;font-family:Arial;font-size:10pt;text-decoration:underline;;font-size: 10pt;font-family:Calibri;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-family:Arial;font-size:10pt;text-decoration:underline;"></font><font style="display: inline;font-family:Arial;font-size:10pt;text-decoration:underline;"></font>
		</p>
		<p style="margin:0pt 0pt 8pt;font-family:Calibri;line-height:107.92%;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">99.1</font><font style="display: inline;font-family:Arial;font-size:10pt;;font-size: 10pt;font-family:Calibri;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-family:Arial;font-size:10pt;"></font><font style="display: inline;font-family:Arial;font-size:10pt;;font-size: 10pt;font-family:Calibri;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-family:Arial;font-size:10pt;"></font><font style="display: inline;font-family:Arial;font-size:10pt;;font-size: 10pt;font-family:Calibri;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-family:Arial;font-size:10pt;">Press Release Dated August 6, 2018</font>
		</p>
		<p style="margin:0pt 0pt 8pt;font-family:Calibri;line-height:107.92%;font-size: 10pt">

		</p>
		<p><font size="1"> </font></p><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt 0pt 8pt;font-family:Calibri;line-height:107.92%;;font-size: 10pt"><font style="display: inline;font-family:Arial;font-size:10pt;"></font>
		</p>
		<p style="margin:0pt 0pt 8pt;font-family:Calibri;line-height:107.92%;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:5pt 0pt;line-height:normal;text-align:center;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;color:#000000;font-size:10pt;">SIGNATURES</font>
		</p>
		<p style="margin:5pt 0pt;line-height:normal;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">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.&nbsp;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;">
			<tr>
				<td valign="middle" style="width:46.02%;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Calibri;line-height:107.92%;height:1.00pt;overflow:hidden;font-size: 10pt">
						<font style="display: inline;font-family:Arial;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="bottom" style="width:00.66%;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Calibri;line-height:107.92%;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:03.62%;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Calibri;line-height:107.92%;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:00.66%;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Calibri;line-height:107.92%;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:03.40%;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Calibri;line-height:107.92%;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:00.66%;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Calibri;line-height:107.92%;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:44.98%;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Calibri;line-height:107.92%;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="width:46.02%;height:16.64pt;padding:0pt;">
					<p style="margin:0pt;line-height:105%;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="bottom" style="width:00.66%;height:16.64pt;padding:0pt;">
					<p style="margin:0pt;line-height:105%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:03.62%;height:16.64pt;padding:0pt;">
					<p style="margin:0pt;line-height:105%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:00.66%;height:16.64pt;padding:0pt;">
					<p style="margin:0pt;line-height:105%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:03.40%;height:16.64pt;padding:0pt;">
					<p style="margin:0pt;line-height:105%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:00.66%;height:16.64pt;padding:0pt;">
					<p style="margin:0pt;line-height:105%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:44.98%;height:16.64pt;padding:0pt;">
					<p style="margin:0pt;line-height:105%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="width:46.02%;height:16.64pt;padding:0pt;">
					<p style="margin:0pt;font-family:Calibri;line-height:107.92%;font-size: 10pt">
						<font style="display: inline;font-family:Arial;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="bottom" style="width:00.66%;height:16.64pt;padding:0pt;">
					<p style="margin:0pt;font-family:Calibri;line-height:107.92%;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:03.62%;height:16.64pt;padding:0pt;">
					<p style="margin:0pt;font-family:Calibri;line-height:107.92%;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:00.66%;height:16.64pt;padding:0pt;">
					<p style="margin:0pt;font-family:Calibri;line-height:107.92%;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:03.40%;height:16.64pt;padding:0pt;">
					<p style="margin:0pt;font-family:Calibri;line-height:107.92%;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:00.66%;height:16.64pt;padding:0pt;">
					<p style="margin:0pt;font-family:Calibri;line-height:107.92%;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:44.98%;height:16.64pt;padding:0pt;">
					<p style="margin:0pt;font-family:Calibri;line-height:107.92%;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="width:46.02%;height:1.00pt;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:normal;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="bottom" style="width:00.66%;height:1.00pt;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:normal;font-family:Calibri;overflow: hidden;font-size:0pt;">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="middle" style="width:03.62%;height:1.00pt;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:normal;font-family:Calibri;overflow: hidden;font-size:0pt;">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="bottom" style="width:00.66%;height:1.00pt;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:normal;font-family:Calibri;overflow: hidden;font-size:0pt;">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="middle" style="width:03.40%;height:1.00pt;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:normal;font-family:Calibri;overflow: hidden;font-size:0pt;">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="bottom" style="width:00.66%;height:1.00pt;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:normal;font-family:Calibri;overflow: hidden;font-size:0pt;">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="middle" style="width:44.98%;height:1.00pt;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:normal;font-family:Calibri;overflow: hidden;font-size:0pt;">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="width:46.02%;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:normal;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="bottom" style="width:00.66%;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:normal;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="middle" style="width:03.62%;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:normal;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="bottom" style="width:00.66%;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:normal;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="middle" style="width:03.40%;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:normal;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="bottom" style="width:00.66%;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:normal;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="middle" style="width:44.98%;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:normal;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:46.02%;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:normal;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;font-size:10pt;">August 7,</font><font style="display: inline;font-family:Arial;font-size:10pt;"> 2018</font></p>
				</td>
				<td valign="bottom" style="width:00.66%;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:normal;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="bottom" style="width:03.62%;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:normal;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="bottom" style="width:00.66%;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:normal;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="top" style="width:03.40%;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:normal;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">By:</font></p>
				</td>
				<td valign="bottom" style="width:00.66%;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:normal;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="bottom" style="width:44.98%;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;font-size:10pt;text-decoration:underline;">/s/LAWRENCE D. MARTIN&nbsp; </font></p>
					<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;font-size:10pt;">Lawrence D. Martin</font></p>
					<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;font-size:10pt;">CFO</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt 0pt 8pt;line-height:105%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p><font size="1"> </font></p><hr size="3" style="color:#999999" width="100%" align="center"></hr>
	</div></body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>hnrg-20180806xex99_1.htm
<DESCRIPTION>EX-99.1
<TEXT>
<!--HTML document created with Certent Disclosure Management 6.20.0.1-->
<!--Created on: 8/6/2018 6:18:03 PM-->
<html>
	<head>
		<title>
			hnrg_exh99-1-080718-8k
		</title>
	</head>
	<body><div style="margin-left:72pt;margin-right:72pt;">
		<p style="margin:0pt 0pt 7.5pt;background-color: #FFFFFF;font-family:Calibri;line-height:115%;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 7.5pt;background-color: #FFFFFF;font-family:Calibri;line-height:115%;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:10pt;"><img src="hnrg-20180806xex99_1g001.jpg" style="width: 3.090278in; height: 0.6527778in" alt="Picture 2"></font>
		</p>
		<p style="margin:0pt 0pt 7.5pt;background-color: #FFFFFF;font-family:Calibri;line-height:115%;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 7.5pt;background-color: #FFFFFF;text-align:right;font-family:Calibri;line-height:115%;font-size: 11pt">
			<font style="display: inline;font-weight:bold;">E</font><font style="display: inline;font-weight:bold;">XHIBIT 99.1</font>
		</p>
		<p style="margin:0pt 0pt 7.5pt;background-color: #FFFFFF;font-family:Calibri;line-height:115%;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 7.5pt;background-color: #FFFFFF;font-family:Calibri;line-height:115%;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 7.5pt;background-color: #FFFFFF;font-family:Calibri;line-height:115%;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 7.5pt;background-color: #FFFFFF;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:10pt;">HALLADOR ENERGY REPORTS RESULTS FOR SECOND QUARTER </font>
		</p>
		<p style="margin:0pt 0pt 7.5pt;background-color: #FFFFFF;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:10pt;">AND FIRST SIX MONTHS OF 2018</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 7.5pt;background-color: #FFFFFF;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 7.5pt;background-color: #FFFFFF;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 10pt;background-color: #FFFFFF;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">DENVER, August 6, 2018 -&nbsp;Hallador Energy Company (NASDAQ: HNRG) reports financial and operating results for the second quarter and first six months of 2018.&nbsp;&nbsp;Hallador filed its Form 10-Q after the markets closed today.</font>
		</p>
		<p style="margin:0pt 0pt 10pt;background-color: #FFFFFF;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 10pt;background-color: #FFFFFF;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">Brent Bilsland, President and Chief Executive Officer, commented, &#x201C;Excellent production led to us beating our cost estimates by over $4/ton during the quarter.&nbsp;&nbsp;We have worked to increase our inventory and add capacity with the reopening of the Carlisle Mine in order to meet our large contracted shipments and potential spot sales in the second half of the year.&#x201D;</font>
		</p>
		<p style="margin:0pt 0pt 10pt;background-color: #FFFFFF;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 10pt;background-color: #FFFFFF;line-height:100%;text-indent: -27pt;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:10pt;">Highlights include:</font>
		</p>
		<p style="margin:0pt 0pt 10pt;background-color: #FFFFFF;line-height:100%;text-indent: -27pt;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:10pt;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table style="width:100%; table-layout: fixed;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt;">
			<p style="line-height:100%;font-family:Calibri;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;font-family:Symbol;font-size:10pt;line-height:100%;;"> &#xB7;</font>
			</p>
		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="line-height:100%;font-family:Calibri;font-size: 10pt;margin:0pt;">
			<font style="display: inline;font-family:Arial;font-size:10pt;color:#000000;">Net loss of $23,000, $0.00 per share for the second quarter of 2018.</font></p></td></tr></table></div>
		<p style="margin:0pt 0pt 10pt;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;color:#000000;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table style="width:100%; table-layout: fixed;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt;">
			<p style="line-height:100%;font-family:Calibri;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;font-family:Symbol;font-size:10pt;line-height:100%;;"> &#xB7;</font>
			</p>
		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="line-height:100%;font-family:Calibri;font-size: 10pt;margin:0pt;">
			<font style="display: inline;font-family:Arial;font-size:10pt;color:#000000;">Net income of $2.1 million, $0.07 per share for the first six months of 2018</font></p></td></tr></table></div>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;color:#000000;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table style="width:100%; table-layout: fixed;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt;">
			<p style="line-height:100%;font-family:Calibri;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;font-family:Symbol;font-size:10pt;line-height:100%;;"> &#xB7;</font>
			</p>
		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="line-height:100%;font-family:Calibri;font-size: 10pt;margin:0pt;">
			<font style="display: inline;font-family:Arial;font-size:10pt;color:#000000;">Coal inventory was increased by $21.6 million (770,000 tons) since December 31, 2017 in preparation of contracted shipments (3.8MM tons) in the second half of 2018.&nbsp; </font></p></td></tr></table></div>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;color:#000000;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table style="width:100%; table-layout: fixed;" cellpadding="0" cellspacing="0"><tr><td style="width:54pt;"><p style="width:54pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt;">
			<p style="line-height:100%;font-family:Calibri;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;font-family:Courier New;font-size:10pt;line-height:100%;;"> o</font>
			</p>
		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="line-height:100%;font-family:Calibri;font-size: 10pt;margin:0pt;">
			<font style="display: inline;font-family:Arial;font-size:10pt;color:#000000;">2018 annualized sales forecast increased to 7.0MM tons from 6.8MM from December 31, 2017 guidance.</font></p></td></tr></table></div>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;color:#000000;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table style="width:100%; table-layout: fixed;" cellpadding="0" cellspacing="0"><tr><td style="width:54pt;"><p style="width:54pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt;">
			<p style="line-height:100%;font-family:Calibri;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;font-family:Courier New;font-size:10pt;line-height:100%;;"> o</font>
			</p>
		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="line-height:100%;font-family:Calibri;font-size: 10pt;margin:0pt;">
			<font style="display: inline;font-family:Arial;font-size:10pt;color:#000000;">The Carlisle Mine was reopened July 9, 2018 to assist with sales in the second half of the year.</font></p></td></tr></table></div>
		<p style="margin:0pt 0pt 0pt 36pt;border-bottom:1pt none #D9D9D9 ;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;color:#000000;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table style="width:100%; table-layout: fixed;" cellpadding="0" cellspacing="0"><tr><td style="width:54pt;"><p style="width:54pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt;">
			<p style="border-top:1pt none #D9D9D9 ;line-height:100%;font-family:Calibri;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;font-family:Courier New;font-size:10pt;border-top:1pt none #D9D9D9;line-height:100%;;"> o</font>
			</p>
		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="border-top:1pt none #D9D9D9 ;line-height:100%;font-family:Calibri;font-size: 10pt;margin:0pt;">
			<font style="display: inline;font-family:Arial;font-size:10pt;color:#000000;">The new Princeton Rail Loop became fully operational du</font><a name="_GoBack"></a><font style="display: inline;font-family:Arial;font-size:10pt;color:#000000;">ring the quarter and is expected to ship 625,000 tons during the last six months of 2018.</font></p></td></tr></table></div>
		<p style="margin:0pt 0pt 10pt;font-family:Calibri;line-height:115%;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;color:#000000;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table style="width:100%; table-layout: fixed;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt;">
			<p style="border-bottom:1pt none #D9D9D9 ;line-height:100%;font-family:Calibri;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;font-family:Symbol;font-size:10pt;border-bottom:1pt none #D9D9D9;line-height:100%;;"> &#xB7;</font>
			</p>
		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="border-bottom:1pt none #D9D9D9 ;line-height:100%;font-family:Calibri;font-size: 10pt;margin:0pt;">
			<font style="display: inline;font-family:Arial;font-size:10pt;color:#000000;">A new 4-year bank</font><font style="display: inline;font-family:Arial;font-size:10pt;color:#000000;"> credit facility was completed on May 21, 2018 for $267 million, including $147 million term loan and $120 million revolver, increasing our liquidity by $6 million.</font></p></td></tr></table></div>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;color:#000000;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table style="width:100%; table-layout: fixed;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt;">
			<p style="border-top:1pt none #D9D9D9 ;line-height:100%;font-family:Calibri;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;font-family:Symbol;font-size:10pt;border-top:1pt none #D9D9D9;line-height:100%;;"> &#xB7;</font>
			</p>
		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="border-top:1pt none #D9D9D9 ;line-height:100%;font-family:Calibri;font-size: 10pt;margin:0pt;">
			<font style="display: inline;font-family:Arial;font-size:10pt;color:#000000;">Hourglass Sands began producing raw sand in the second quarter of 2018 and is expected to begin shipping frac sand to customers in the DJ Basin in the fourth quarter of 2018.</font></p></td></tr></table></div>
		<p style="margin:0pt 0pt 8pt;line-height:100%;font-family:Calibri;font-size: 10pt">

		</p>
		<p><font size="1"> </font></p><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt 0pt 8pt;line-height:100%;font-family:Calibri;;font-size: 10pt"><font style="display: inline;font-family:Arial;color:#373737;font-size:10pt;"></font>
		</p>
		<p style="margin:0pt 0pt 10pt;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">The table below represents some of our critical metrics (in thousands except for per ton data):</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:459.00pt;margin-left:5.4pt;">
			<tr>
				<td valign="bottom" style="width:139.50pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;height:1.00pt;overflow:hidden;font-size: 1pt">
						<font style="display: inline;font-size:1pt;">&#xFEFF;</font></p>
				</td>
				<td valign="bottom" style="width:13.60pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:16.40pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:55.50pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:13.60pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:16.40pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:46.95pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:18.00pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:16.40pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:47.00pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:13.60pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:16.40pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:45.65pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:139.50pt;height:13.15pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 8pt;line-height:100%;font-family:Calibri;font-size: 11pt">
						<font style="display: inline;">&#xFEFF;</font></p>
				</td>
				<td valign="bottom" style="width:13.60pt;height:13.15pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 8pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:16.40pt;height:13.15pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 8pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:55.50pt;height:13.15pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 8pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:13.60pt;height:13.15pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 8pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:16.40pt;height:13.15pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 8pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:46.95pt;height:13.15pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 8pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:18.00pt;height:13.15pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 8pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:16.40pt;height:13.15pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 8pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:47.00pt;height:13.15pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 8pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:13.60pt;height:13.15pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 8pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:16.40pt;height:13.15pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 8pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:45.65pt;height:13.15pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 8pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:139.50pt;height:12.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 8pt;line-height:100%;font-family:Calibri;font-size: 11pt">
						<font style="display: inline;">&#xFEFF;</font></p>
				</td>
				<td valign="bottom" style="width:13.60pt;height:12.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 8pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:16.40pt;height:12.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 8pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td colspan="4" valign="bottom" style="width:132.45pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;height:12.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;font-weight:bold;color:#000000;font-size:10pt;">Six Months Ended </font></p>
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;font-weight:bold;color:#000000;font-size:10pt;">June 30,</font></p>
				</td>
				<td valign="bottom" style="width:18.00pt;height:12.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:16.40pt;height:12.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td colspan="4" valign="bottom" style="width:122.65pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;height:12.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;font-weight:bold;color:#000000;font-size:10pt;">Three Months Ended June 30,</font></p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:139.50pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 11pt">
						<font style="display: inline;">&#xFEFF;</font></p>
				</td>
				<td valign="bottom" style="width:13.60pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:16.40pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:55.50pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;font-weight:bold;color:#000000;font-size:10pt;">2018</font></p>
				</td>
				<td valign="bottom" style="width:13.60pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:16.40pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:46.95pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;font-weight:bold;color:#000000;font-size:10pt;">2017</font></p>
				</td>
				<td valign="bottom" style="width:18.00pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:16.40pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:47.00pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;font-weight:bold;color:#000000;font-size:10pt;">2018</font></p>
				</td>
				<td valign="bottom" style="width:13.60pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:16.40pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:45.65pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;font-weight:bold;color:#000000;font-size:10pt;">2017</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="width:139.50pt;background-color: #DDEBF7;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Net Income (Loss)</font></p>
				</td>
				<td valign="bottom" style="width:13.60pt;background-color: #DDEBF7;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="middle" style="width:16.40pt;background-color: #DDEBF7;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:right;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">$</font></p>
				</td>
				<td valign="middle" style="width:55.50pt;background-color: #DDEBF7;height:10.80pt;color:#000000;font-family:Arial;font-size:10pt;text-align:right;" nowrap="nowrap">2,109&nbsp;
				</td>
				<td valign="bottom" style="width:13.60pt;background-color: #DDEBF7;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="middle" style="width:16.40pt;background-color: #DDEBF7;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:right;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">$</font></p>
				</td>
				<td valign="middle" style="width:46.95pt;background-color: #DDEBF7;height:10.80pt;color:#000000;font-family:Arial;font-size:10pt;text-align:right;" nowrap="nowrap">7,803&nbsp;
				</td>
				<td valign="bottom" style="width:18.00pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:16.40pt;background-color: #DDEBF7;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:right;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">$</font></p>
				</td>
				<td valign="middle" style="width:47.00pt;background-color: #DDEBF7;height:10.80pt;color:#000000;font-family:Arial;font-size:10pt;text-align:right;" nowrap="nowrap">(23)
				</td>
				<td valign="bottom" style="width:13.60pt;background-color: #DDEBF7;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="middle" style="width:16.40pt;background-color: #DDEBF7;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:right;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">$</font></p>
				</td>
				<td valign="middle" style="width:45.65pt;background-color: #DDEBF7;height:10.80pt;color:#000000;font-family:Arial;font-size:10pt;text-align:right;" nowrap="nowrap">389&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="middle" style="width:139.50pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Total Revenues</font></p>
				</td>
				<td valign="bottom" style="width:13.60pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:16.40pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:right;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">$</font></p>
				</td>
				<td valign="middle" style="width:55.50pt;height:10.80pt;color:#000000;font-family:Arial;font-size:10pt;text-align:right;" nowrap="nowrap">124,107&nbsp;
				</td>
				<td valign="bottom" style="width:13.60pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:16.40pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:right;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">$</font></p>
				</td>
				<td valign="middle" style="width:46.95pt;height:10.80pt;color:#000000;font-family:Arial;font-size:10pt;text-align:right;" nowrap="nowrap">127,865&nbsp;
				</td>
				<td valign="bottom" style="width:18.00pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:16.40pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:right;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">$</font></p>
				</td>
				<td valign="middle" style="width:47.00pt;height:10.80pt;color:#000000;font-family:Arial;font-size:10pt;text-align:right;" nowrap="nowrap">57,243&nbsp;
				</td>
				<td valign="bottom" style="width:13.60pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:16.40pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:right;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">$</font></p>
				</td>
				<td valign="middle" style="width:45.65pt;height:10.80pt;color:#000000;font-family:Arial;font-size:10pt;text-align:right;" nowrap="nowrap">64,312&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="middle" style="width:139.50pt;background-color: #DDEBF7;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Tons Sold</font></p>
				</td>
				<td valign="bottom" style="width:13.60pt;background-color: #DDEBF7;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="bottom" style="width:16.40pt;background-color: #DDEBF7;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="middle" style="width:55.50pt;background-color: #DDEBF7;height:10.80pt;color:#000000;font-family:Arial;font-size:10pt;text-align:right;" nowrap="nowrap">3,184&nbsp;
				</td>
				<td valign="bottom" style="width:13.60pt;background-color: #DDEBF7;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="bottom" style="width:16.40pt;background-color: #DDEBF7;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="middle" style="width:46.95pt;background-color: #DDEBF7;height:10.80pt;color:#000000;font-family:Arial;font-size:10pt;text-align:right;" nowrap="nowrap">3,103&nbsp;
				</td>
				<td valign="bottom" style="width:18.00pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:16.40pt;background-color: #DDEBF7;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="middle" style="width:47.00pt;background-color: #DDEBF7;height:10.80pt;color:#000000;font-family:Arial;font-size:10pt;text-align:right;" nowrap="nowrap">1,477&nbsp;
				</td>
				<td valign="bottom" style="width:13.60pt;background-color: #DDEBF7;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="bottom" style="width:16.40pt;background-color: #DDEBF7;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="middle" style="width:45.65pt;background-color: #DDEBF7;height:10.80pt;color:#000000;font-family:Arial;font-size:10pt;text-align:right;" nowrap="nowrap">1,548&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="middle" style="width:139.50pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Average Price per Ton</font></p>
				</td>
				<td valign="bottom" style="width:13.60pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:16.40pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:right;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">$</font></p>
				</td>
				<td valign="middle" style="width:55.50pt;height:10.80pt;color:#000000;font-family:Arial;font-size:10pt;text-align:right;" nowrap="nowrap">38.85&nbsp;
				</td>
				<td valign="bottom" style="width:13.60pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:16.40pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:right;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">$</font></p>
				</td>
				<td valign="middle" style="width:46.95pt;height:10.80pt;color:#000000;font-family:Arial;font-size:10pt;text-align:right;" nowrap="nowrap">40.41&nbsp;
				</td>
				<td valign="bottom" style="width:18.00pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:16.40pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:right;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">$</font></p>
				</td>
				<td valign="middle" style="width:47.00pt;height:10.80pt;color:#000000;font-family:Arial;font-size:10pt;text-align:right;" nowrap="nowrap">38.54&nbsp;
				</td>
				<td valign="bottom" style="width:13.60pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:16.40pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:right;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">$</font></p>
				</td>
				<td valign="middle" style="width:45.65pt;height:10.80pt;color:#000000;font-family:Arial;font-size:10pt;text-align:right;" nowrap="nowrap">40.59&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="middle" style="width:139.50pt;background-color: #DDEBF7;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Bank Debt</font></p>
				</td>
				<td valign="bottom" style="width:13.60pt;background-color: #DDEBF7;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="middle" style="width:16.40pt;background-color: #DDEBF7;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:right;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">$</font></p>
				</td>
				<td valign="middle" style="width:55.50pt;background-color: #DDEBF7;height:10.80pt;color:#000000;font-family:Arial;font-size:10pt;text-align:right;" nowrap="nowrap">200,488&nbsp;
				</td>
				<td valign="bottom" style="width:13.60pt;background-color: #DDEBF7;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="middle" style="width:16.40pt;background-color: #DDEBF7;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:right;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">$</font></p>
				</td>
				<td valign="middle" style="width:46.95pt;background-color: #DDEBF7;height:10.80pt;color:#000000;font-family:Arial;font-size:10pt;text-align:right;" nowrap="nowrap">225,492&nbsp;
				</td>
				<td valign="bottom" style="width:18.00pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:16.40pt;background-color: #DDEBF7;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:right;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">$</font></p>
				</td>
				<td valign="middle" style="width:47.00pt;background-color: #DDEBF7;height:10.80pt;color:#000000;font-family:Arial;font-size:10pt;text-align:right;" nowrap="nowrap">200,488&nbsp;
				</td>
				<td valign="bottom" style="width:13.60pt;background-color: #DDEBF7;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="middle" style="width:16.40pt;background-color: #DDEBF7;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:right;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">$</font></p>
				</td>
				<td valign="middle" style="width:45.65pt;background-color: #DDEBF7;height:10.80pt;color:#000000;font-family:Arial;font-size:10pt;text-align:right;" nowrap="nowrap">225,492&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="middle" style="width:139.50pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Operating Cash Flow</font></p>
				</td>
				<td valign="bottom" style="width:13.60pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:16.40pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:right;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">$</font></p>
				</td>
				<td valign="middle" style="width:55.50pt;height:10.80pt;color:#000000;font-family:Arial;font-size:10pt;text-align:right;" nowrap="nowrap">15,865&nbsp;
				</td>
				<td valign="bottom" style="width:13.60pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:16.40pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:right;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">$</font></p>
				</td>
				<td valign="middle" style="width:46.95pt;height:10.80pt;color:#000000;font-family:Arial;font-size:10pt;text-align:right;" nowrap="nowrap">23,961&nbsp;
				</td>
				<td valign="bottom" style="width:18.00pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:16.40pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:right;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">$</font></p>
				</td>
				<td valign="middle" style="width:47.00pt;height:10.80pt;color:#000000;font-family:Arial;font-size:10pt;text-align:right;" nowrap="nowrap">2,676&nbsp;
				</td>
				<td valign="bottom" style="width:13.60pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:16.40pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:right;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">$</font></p>
				</td>
				<td valign="middle" style="width:45.65pt;height:10.80pt;color:#000000;font-family:Arial;font-size:10pt;text-align:right;" nowrap="nowrap">9,067&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="middle" style="width:139.50pt;background-color: #DDEBF7;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Adjusted EBITDA*</font></p>
				</td>
				<td valign="bottom" style="width:13.60pt;background-color: #DDEBF7;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="middle" style="width:16.40pt;background-color: #DDEBF7;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:right;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">$</font></p>
				</td>
				<td valign="middle" style="width:55.50pt;background-color: #DDEBF7;height:10.80pt;color:#000000;font-family:Arial;font-size:10pt;text-align:right;" nowrap="nowrap">37,124&nbsp;
				</td>
				<td valign="bottom" style="width:13.60pt;background-color: #DDEBF7;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="middle" style="width:16.40pt;background-color: #DDEBF7;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:right;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">$</font></p>
				</td>
				<td valign="middle" style="width:46.95pt;background-color: #DDEBF7;height:10.80pt;color:#000000;font-family:Arial;font-size:10pt;text-align:right;" nowrap="nowrap">44,927&nbsp;
				</td>
				<td valign="bottom" style="width:18.00pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:16.40pt;background-color: #DDEBF7;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:right;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">$</font></p>
				</td>
				<td valign="middle" style="width:47.00pt;background-color: #DDEBF7;height:10.80pt;color:#000000;font-family:Arial;font-size:10pt;text-align:right;" nowrap="nowrap">17,368&nbsp;
				</td>
				<td valign="bottom" style="width:13.60pt;background-color: #DDEBF7;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="middle" style="width:16.40pt;background-color: #DDEBF7;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:right;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">$</font></p>
				</td>
				<td valign="middle" style="width:45.65pt;background-color: #DDEBF7;height:10.80pt;color:#000000;font-family:Arial;font-size:10pt;text-align:right;" nowrap="nowrap">20,814&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="middle" style="width:139.50pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Adjusted Free Cash Flow **</font></p>
				</td>
				<td valign="bottom" style="width:13.60pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:16.40pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:right;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">$</font></p>
				</td>
				<td valign="middle" style="width:55.50pt;height:10.80pt;color:#000000;font-family:Arial;font-size:10pt;text-align:right;" nowrap="nowrap">18,934&nbsp;
				</td>
				<td valign="bottom" style="width:13.60pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:16.40pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:right;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">$</font></p>
				</td>
				<td valign="middle" style="width:46.95pt;height:10.80pt;color:#000000;font-family:Arial;font-size:10pt;text-align:right;" nowrap="nowrap">28,419&nbsp;
				</td>
				<td valign="bottom" style="width:18.00pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:16.40pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:right;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">$</font></p>
				</td>
				<td valign="middle" style="width:47.00pt;height:10.80pt;color:#000000;font-family:Arial;font-size:10pt;text-align:right;" nowrap="nowrap">8,212&nbsp;
				</td>
				<td valign="bottom" style="width:13.60pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:16.40pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:right;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">$</font></p>
				</td>
				<td valign="middle" style="width:45.65pt;height:10.80pt;color:#000000;font-family:Arial;font-size:10pt;text-align:right;" nowrap="nowrap">10,682&nbsp;
				</td>
			</tr>
			<tr>
				<td colspan="3" valign="bottom" style="width:169.50pt;height:7.20pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">_________________________&nbsp; </font></p>
				</td>
				<td valign="bottom" style="width:55.50pt;height:7.20pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:13.60pt;height:7.20pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:16.40pt;height:7.20pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:46.95pt;height:7.20pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:18.00pt;height:7.20pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:16.40pt;height:7.20pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:47.00pt;height:7.20pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:13.60pt;height:7.20pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:16.40pt;height:7.20pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:45.65pt;height:7.20pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td colspan="13" valign="middle" style="width:459.00pt;height:26.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 9pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:9pt;">*Defined as EBITDA plus stock-based compensation and ARO accretion, less the effects of our equity method investments and Hourglass Sands. </font></p>
				</td>
			</tr>
			<tr>
				<td colspan="7" valign="middle" style="width:301.95pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 11pt">
						<font style="display: inline;">&#xFEFF;</font></p>
				</td>
				<td valign="bottom" style="width:18.00pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:16.40pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:47.00pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:13.60pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:16.40pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:45.65pt;height:10.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td colspan="13" valign="middle" style="width:459.00pt;height:28.35pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 9pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:9pt;">**Defined as net income plus deferred income taxes, DD&amp;A, ARO accretion, and stock compensation, less maintenance capex and the effects of our equity method investments.</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt 0pt 10pt;background-color: #FFFFFF;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 10pt;background-color: #FFFFFF;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">EBITDA, adjusted EBITDA, and adjusted free cash flow should not be considered alternatives to net income, income from operations, cash flows from operating activities or any other measure of financial performance presented </font><font style="display: inline;font-family:Arial;font-size:10pt;">in accordance with</font><font style="display: inline;font-family:Arial;font-size:10pt;"> GAAP.&nbsp;&nbsp;Our method of computing EBITDA, adjusted EBITDA and adjusted free cash flow may not be the same method used to compute similar measures reported by other companies.</font>
		</p>
		<p style="margin:0pt 0pt 10pt;background-color: #FFFFFF;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 10pt;background-color: #FFFFFF;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">Management believes that the presentation of such additional financial measures provides useful information to investors regarding our performance and results of operations because these measures, when used in conjunction with related GAAP financial measures, (i) provide additional information about our core operating performance and ability to generate and distribute cash flow, (ii) provide investors with the financial and analytical framework upon which management bases financial, operation, compensation, and planning decisions, and (iii) present measurements that investors, rating agencies, and debt holders have indicated are useful in assessing our results.</font>
		</p>
		<p style="margin:0pt 0pt 10pt;background-color: #FFFFFF;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 10pt;background-color: #FFFFFF;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:10pt;text-decoration:underline;">Conference Call</font>
		</p>
		<p style="margin:0pt 0pt 10pt;background-color: #FFFFFF;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 10pt;background-color: #FFFFFF;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">As previously announced our earnings conference call for financial analysts and investors will </font><font style="display: inline;font-family:Arial;font-size:10pt;">be held</font><font style="display: inline;font-family:Arial;font-size:10pt;"> on Tuesday, August 7, </font><font style="display: inline;font-family:Arial;font-size:10pt;">2018,</font><font style="display: inline;font-family:Arial;font-size:10pt;"> at </font><font style="display: inline;font-family:Arial;font-size:10pt;">2:00 pm</font><font style="display: inline;font-family:Arial;font-size:10pt;"> eastern time.&nbsp; Dial-in numbers for the live conference call are as follows:</font>
		</p>
		<p style="margin:0pt 0pt 10pt;background-color: #FFFFFF;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 10pt;background-color: #FFFFFF;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">Toll-free (888) 347-5317</font>
		</p>
		<p style="margin:0pt 0pt 10pt;background-color: #FFFFFF;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">Canadian Callers Toll-free (855) 669-9657</font>
		</p>
		<p style="margin:0pt 0pt 10pt;background-color: #FFFFFF;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">Conference ID #: Hallador Energy Company HNRG Call</font>
		</p>
		<p style="margin:0pt;background-color: #FFFFFF;border-bottom:1pt none #D9D9D9 ;line-height:100%;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">An audio replay of the conference call will be available for one week. To access the audio replay, dial US Toll-Free (877) 344-7529; Canada Toll-Free (855) 669-9658 and request to be connected to replay access code 10121639.</font>
		</p>
		<p style="margin:0pt;background-color: #FFFFFF;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:100%;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;background-color: #FFFFFF;border-top:1pt none #D9D9D9 ;line-height:100%;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">Hallador </font><font style="display: inline;font-family:Arial;font-size:10pt;">is headquartered</font><font style="display: inline;font-family:Arial;font-size:10pt;"> in Denver, Colorado and through its wholly owned subsidiary, Sunrise Coal, LLC, produces coal in the Illinois Basin for the electric power generation industry. To learn more about Hallador or Sunrise, visit our websites at </font><font style="display: inline;font-family:Arial;font-size:10pt;">www.halladorenergy.com</font><font style="display: inline;font-family:Arial;font-size:10pt;">.</font>
		</p>
		<p style="margin:0pt 0pt 10pt;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 10pt;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:23pt;"><font style="display: inline;font-family:Arial;font-size:10pt;">Contact:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Arial;font-size:10pt;">Rebecca Palumbo</font></font>
		</p>
		<p style="margin:0pt 0pt 10pt;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Arial;font-size:10pt;">Investor Relations</font></font>
		</p>
		<p style="margin:0pt 0pt 10pt;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:29pt;"><font style="display: inline;font-family:Arial;font-size:10pt;">Phone:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Arial;font-size:10pt;">(303) 839-5504 ext. 316</font></font>
		</p>
		<p style="margin:0pt 0pt 10pt;line-height:100%;font-family:Calibri;font-size: 11pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p><font size="1"> </font></p><hr size="3" style="color:#999999" width="100%" align="center"></hr>
	</div></body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>hnrg-20180806x8kg001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 hnrg-20180806x8kg001.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_X0!F17AI9@  34T *@    @ ! $:  4
M   !    /@$;  4    !    1@$H  ,    !  (   $Q  (    0    3@
M      !@     0   &     !4&%I;G0N3D54('8U+C P /_; $,  @$! 0$!
M @$! 0(" @("! ," @("!00$ P0&!08&!@4&!@8'"0@&!PD'!@8("P@)"@H*
M"@H&" L,"PH,"0H*"O_; $,! @(" @("!0,#!0H'!@<*"@H*"@H*"@H*"@H*
M"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"O_  !$( $0
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MN;K"P\3%QL?(R<K2T]35UM?8V=KBX^3EYN?HZ>KR\_3U]O?X^?K_V@ , P$
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MI>F_$6VL;R5<0Z?JD/V>4?\ ?W]W7G8+ACA*I6_X3\QJ4ZG^/_\ 8/1Q.?\
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MV,G^L_7]?,K8_P""C'PBO?&GPBC^*GA6'R]?\"7G]HV<T1_>?9O^6H_]J_\
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<@ HHHH **** # ]*, =!110 4444 %%%% '_V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>hnrg-20180806x8kg002.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 hnrg-20180806x8kg002.jpg
M_]C_X  02D9)1@ ! 0$ W #<  #_VP!#  (! 0$! 0(! 0$" @(" @0# @("
M @4$! ,$!@4&!@8%!@8&!PD(!@<)!P8&" L("0H*"@H*!@@+# L*# D*"@K_
MVP!# 0(" @(" @4# P4*!P8'"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*
M"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@K_P  1" !< %T# 2(  A$! Q$!_\0
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MU_G7[^?\$&_%%AX@_8HL;*ST*&S?2]>N[6YFC89NY $?SFP!\Q5PO)8X0<]
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MM>UD[>1]H?LA_LD?#+]E#X0:5\/?!&CPB>&%3J&H+%^]NYR!OD9CD\D=,X'
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)BERWL]>FA__9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>hnrg-20180806xex99_1g001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 hnrg-20180806xex99_1g001.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_X0!:17AI9@  34T *@    @ !0,!  4
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M 0$! 0$!         0(#! 4&!P@)"@O_Q "U$0 " 0($! ,$!P4$!  ! G<
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&%%V%D?_9

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
