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Note 16 - Equity Method Investments
12 Months Ended
Dec. 31, 2020
Notes to Financial Statements  
Equity Method Investments and Joint Ventures Disclosure [Text Block]

(16)   EQUITY METHOD INVESTMENTS

 

Sunrise Energy, LLC

 

We own a 50% interest in Sunrise Energy, LLC, which owns gas reserves and gathering equipment with plans to develop and operate such reserves. Sunrise Energy also plans to develop and explore for oil, gas, and coal-bed methane gas reserves on or near our underground coal reserves. The carrying value of the investment included in our consolidated balance sheets as of December 31, 2020 and December 31, 2019, was $3.2 million and $3.1 million, respectively.

 

Sunrise Energy plans to develop and explore for oil, gas, and coal-bed methane gas reserves on or near our underground coal reserves.