Kentucky Energy, Inc., holding company for Quest Energy, Ltd., and Gwenco, Inc., is focused on acquiring and operating energy and mineral related properties in the southeastern part of the United States. The company directs its efforts on properties that produce quality compliance blend coal.
Gwenco currently leases over 700 acres of coal mines, with an estimated 12,999,000 tons of coal in place. In 2007 Gwenco had reopened Gwenco’s deep mine at Pond Creek and has begun production at the Pond Creek seam. This seam of high quality compliance coal is located at Slater’s Branch, South Williamson, Kentucky.
Kentucky Energy intends to grow via additional accretive acquisitions, contract mining, and internal development of owned properties. The company is also pursuing diversification of its operations into other sectors of the energy industry, including the oil and gas sector.
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