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Section 1: 8-K (8-K)




Washington, D.C. 20549



Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 14, 2018 (March 9, 2018)

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Hallador Energy Company

(Exact name of registrant as specified in its charter)








(State or other jurisdiction

of incorporation)


File Number)

(IRS Employer

Identification No.)



1660 Lincoln Street, Suite 2700, Denver, Colorado



(Address of principal executive offices)


(Zip Code)

Registrant’s telephone number, including area code: (303) 839-5504

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.   


Item 5.02Departure of Directors or Principal Officers; Election of Directors; Appointment of Officers; Compensatory Arrangements of Certain Officers.

On March 9, 2018, we issued a press release announcing the passing of Victor P. Stabio, our Chairman of the Board.  In succession, effective March 9, 2018, Brent K. Bilsland, our President and CEO, has been appointed to the additional roles of Chairman of the Board and Chair of the Executive Committee.

A copy of the press release is attached hereto as Exhibit 99 and incorporated herein.

Item 9.01 Financial Statements and Exhibits.


(d) Exhibits


Exhibit No.



Press Release dated March 9, 2018 Hallador Announces the Passing of Victor P. Stabio, Board Chairman


Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


























March 14, 2018






/s/Lawrence D. Martin






Lawrence D. Martin, CFO

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Section 2: EX-99 (EX-99)


Exhibit 99

Press Release

Hallador Announces the Passing of Victor P. Stabio, Board Chairman

DENVER, March 9, 2018 - 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:

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

Contact:  Rebecca Palumbo

Phone:    303-839-5504 ext. 316

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