<SEC-DOCUMENT>0001104659-25-077712.txt : 20250813
<SEC-HEADER>0001104659-25-077712.hdr.sgml : 20250813
<ACCEPTANCE-DATETIME>20250813183629
ACCESSION NUMBER:		0001104659-25-077712
CONFORMED SUBMISSION TYPE:	144
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20250813
DATE AS OF CHANGE:		20250813

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			HALLADOR ENERGY CO
		CENTRAL INDEX KEY:			0000788965
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTRIC SERVICES [4911]
		ORGANIZATION NAME:           	01 Energy & Transportation
		EIN:				841014610
		STATE OF INCORPORATION:			CO
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		144
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	001-34743
		FILM NUMBER:		251213472

	BUSINESS ADDRESS:	
		STREET 1:		1183 EAST CANVASBACK DRIVE
		CITY:			TERRE HAUTE
		STATE:			IN
		ZIP:			47802
		BUSINESS PHONE:		303-839-5504

	MAIL ADDRESS:	
		STREET 1:		1183 EAST CANVASBACK DRIVE
		CITY:			TERRE HAUTE
		STATE:			IN
		ZIP:			47802

	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

REPORTING-OWNER:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Hallador Alternative Assets Fund, LLC
		CENTRAL INDEX KEY:			0001356544
		ORGANIZATION NAME:           	
		EIN:				201064809

	FILING VALUES:
		FORM TYPE:		144

	BUSINESS ADDRESS:	
		STREET 1:		555 DALE DRIVE
		CITY:			INCLINE VILLAGE
		STATE:			NV
		ZIP:			89451
		BUSINESS PHONE:		(775) 831-2272

	MAIL ADDRESS:	
		STREET 1:		555 DALE DRIVE
		CITY:			INCLINE VILLAGE
		STATE:			NV
		ZIP:			89451
</SEC-HEADER>
<DOCUMENT>
<TYPE>144
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>144</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <!-- Field: Pseudo-Tag; ID: Name; Data: Hallador Alternative Assets Fund, LLC -->
          <cik>0001356544</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>


    </filerInfo>
  </headerData>
  <formData>
    <issuerInfo>
      <issuerCik>0000788965</issuerCik>
      <issuerName>HALLADOR ENERGY CO</issuerName>
      <secFileNumber>001-34743</secFileNumber>
      <issuerAddress>
        <com:street1>1183 EAST CANVASBACK DRIVE</com:street1>
        <com:city>TERRE HAUTE</com:city>
        <com:stateOrCountry>IN</com:stateOrCountry>
        <com:zipCode>47802</com:zipCode>
      </issuerAddress>
      <issuerContactPhone>303-839-5504</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>HALLADOR ALTERNATIVE ASSETS FUND LLC</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>AFFILIATE OF DIRECTOR</relationshipToIssuer>
      </relationshipsToIssuer>
    </issuerInfo>
    <securitiesInformation>
      <securitiesClassTitle>COMMON STOCK</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>NATIONAL FINANCIAL SERVICES LLC</name>
        <address>
          <com:street1>200 SEAPORT BLVD</com:street1>
          <com:street2>WORLD TRADE CENTER</com:street2>
          <com:city>BOSTON</com:city>
          <com:stateOrCountry>MA</com:stateOrCountry>
          <com:zipCode>02210</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>511000</noOfUnitsSold>
      <aggregateMarketValue>12242000.00</aggregateMarketValue>
      <noOfUnitsOutstanding>42976180</noOfUnitsOutstanding>
      <approxSaleDate>08/13/2025</approxSaleDate>
      <securitiesExchangeName>NASDAQ</securitiesExchangeName>
    </securitiesInformation>
    <securitiesToBeSold>
      <securitiesClassTitle>COMMON</securitiesClassTitle>
      <acquiredDate>07/23/2006</acquiredDate>
      <natureOfAcquisitionTransaction>PURCHASE FROM ISSUER</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>ISSUER</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>393932</amountOfSecuritiesAcquired>
      <paymentDate>07/23/2006</paymentDate>
      <natureOfPayment>CHECK/WIRE</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>COMMON</securitiesClassTitle>
      <acquiredDate>06/30/2022</acquiredDate>
      <natureOfAcquisitionTransaction>CONVERSTON OF NOTES-dated May 2022, $1,750,000 conversion notice dated 06.30.22</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>ISSUER</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>108675</amountOfSecuritiesAcquired>
      <paymentDate>06/30/2022</paymentDate>
      <natureOfPayment>CHECK/WIRE</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>COMMON</securitiesClassTitle>
      <acquiredDate>08/08/2022</acquiredDate>
      <natureOfAcquisitionTransaction>CONVERSION OF NOTE-dated 08.08.22 $1,000,000. Converted 06.28.24</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>ISSUER</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>190000</amountOfSecuritiesAcquired>
      <paymentDate>08/08/2022</paymentDate>
      <natureOfPayment>CHECK/WIRE</natureOfPayment>
    </securitiesToBeSold>
    <nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Hallador Alternative Assets Fund, LLC</name>
        <address>
          <com:street1>5485 Keitzke Lane</com:street1>
          <com:city>Reno</com:city>
          <com:stateOrCountry>NV</com:stateOrCountry>
          <com:zipCode>N89511</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Hallador Alternative Assets Fund LLC</securitiesClassTitle>
      <saleDate>05/19/2025</saleDate>
      <amountOfSecuritiesSold>67457</amountOfSecuritiesSold>
      <grossProceeds>1284934.43</grossProceeds>
    </securitiesSoldInPast3Months>
    <noticeSignature>
      <noticeDate>08/13/2025</noticeDate>
      <signature>/s/ David Hardie</signature>
    </noticeSignature>
  </formData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
