BUYERS:

Crescent Hill Capital Corp

SELLERS:

American Capital, Ltd.

Alpha Natural Resources, Inc.

DETAILS:

NOTES:
American Capital Investment LLC has agreed to sell 100% of its equity interest in its oil and gas subsidiary Alpha Petroleum Resources LP (Texas Corporation) to Crescent Hill Capital Corp a Dallas Texas private equity firm providing a credit facility at closing of $615 million US Dollars, including an amendment to its credit agreement to, among other things (i) extend the working capital, (ii) reflect the repayment in full of all term loans thereunder including existing debt, (iii) increase the borrowing base up to 20%.