PVR Partners LP

PVR Partners LP formerly Penn Virginia Resource Partners LP is a publicly traded Delaware limited partnership that is engaged in the management of coal and natural resource properties and the gathering and processing of natural gas in the United States. It currently conducts operations in three business segments namely Eastern Midstream, Midcontinent Midstream coal and natural resource management and natural gas midstream. The Company's coal and natural involves the management and leasing of coal properties and the subsequent collection of royalties. It also earn revenues from other land management activities, such as selling standing timber, leasing coal-related infrastructure facilities and collecting oil and gas royalties. As of December 31, 2012, the Company owned or controlled approximately 871 million tons of proven and probable coal reserves in Central and Northern Appalachia, the Illinois Basin and the San Juan Basin. The Eastern Midstream segment is engaged in providing natural gas gathering, and other related services in Pennsylvania and West Virginia. In addition, it owns membership interests in a joint venture that transports fresh water to natural gas producers. As of December 31, 2012, the Company owned and operated natural gas midstream assets located in Pennsylvania and West Virginia including approximately 134 miles of natural gas gathering pipelines, 83 miles of natural gas trunkline pipelines and 42 miles of fresh water pipelines. Its Eastern Midstream segment earns revenues primarily from fees charged to producers for natural gas gathering, compression and other related services. In May of 2012, the Company completed the acquisition of Chief Gathering LLC, adding 120 miles of gathering pipelines, 350 MMcfd of capacity and over 300,000 dedicated acres in the Marcellus Shale to the Eastern Midstream segment. Midcontinent Midstream segment is engaged in providing natural gas processing, gathering services, and other related services. In addition, it owns membership interests in a joint venture that gathers and transports natural gas. These processing and gathering systems are located primarily in Oklahoma and Texas. As of December 31, 2012, the Company owned and operated natural gas midstream assets located in Oklahoma and Texas including six natural gas processing facilities having 460 MMcfd of total capacity and approximately 4,541 miles of natural gas gathering pipelines. The Company's Midcontinent Midstream natural gas business earns revenues from gas processing contracts with natural gas producers and from fees charged for gathering natural gas volumes and providing other related services. In addition, the Company is a partner in a joint venture that gathers natural gas. It also owns a natural gas marketing business, which aggregates third-party volumes and sells those volumes into interstate and intrastate pipeline systems and at market hubs accessed by various interstate pipelines. The operations of its co