DENVER, March 9, 2018 /PRNewswire/ -- Nasdaq: HNRG –
We regret to announce the passing of Victor
P. Stabio, age 70, Wednesday night, March 7. Vic
served as our CEO from 1991 through 2014 and more recently as the
Board Chairman. Vic was instrumental in transforming Hallador
from a financially challenged oil and gas exploration company to a
highly successful coal mining company. Due to Vic's
outstanding reputation in the oil and gas industry, he was able to
convince Yorktown Partners and Lubar & Co. to become
shareholders along with brothers David and
Steven Hardie, founding shareholders.
"Twenty-seven years ago I had the pleasure of hiring Vic as
CEO. His impact on the company was immediate as was our
friendship. He will be missed by all that have known and worked
with him," said David Hardie,
Founder, board member, and past Board Chairman.
Our CEO and Board Chairman, Brent
Bilsland said, "I worked with Vic for 12 years. He has
been a valuable mentor and like a father to me. Hallador would not
be the success it is today without Vic's vision. I will miss him
greatly."
The entire Hallador family mourns this loss. On behalf of
our Board of Directors, management team and employees, we extend
our deepest sympathies to Vic's family.
There will be a memorial service at 11:00 am Monday, March 19 at Columbine United Church, 6375
S. Platte Canyon Drive, Littleton,
CO 80123.
In lieu of flowers, donations can be made in Vic's name
to: https://giving.cu.edu/fund/pancreatic-cancer-research.
Hallador is headquartered 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, visit our
website at www.halladorenergy.com.
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SOURCE Hallador Energy Company