“We believe the move to Denver will give us better visibility with other public mining and energy companies, lower the overall cost of travel and fees and expenses with our Denver-based third-party providers … and provide us with greater exposure to a broader pool of public company and energy company talent,” president and chief executive officer Keith Alessi said.
The producer has signed a multi-year lease agreement with Shea Properties at the Meridian International Business Center. Its staff will make the move this November.
Westmoreland Coal is the oldest independent coal company in the United States. Its operations are located in the Powder River Basin region in Montana and it also holds lignite mines in Montana, North Dakota and Texas.