HOUSTON, May 16, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Natural Resource Partners L.P.
(NYSE: NRP, NSP), announced today that Leo A. Vecellio, Jr. has joined the
Board of Directors of GP Natural Resource Partners LLC, the general partner of
Natural Resource Partners, as an independent director named by Adena Minerals
pursuant to the Investor Rights Agreement entered into at the time of the
Cline acquisition.
Mr. Vecellio, 60, serves as Chairman and Chief Executive Officer of
Vecellio Group, Inc, a major aggregates producer and contractor in the
Mid-Atlantic and Southeastern states. Mr. Vecellio serves as the Senior Vice
Chairman of the American Road and Transportation Builders and is a member of
the Georgia Tech Advisory Board and a trustee of the Virginia Tech Foundation,
as well as many other civic and charitable organizations.
"We are pleased to have someone of Leo's stature and background on our
board," said Corbin J. Robertson, Jr., the Chairman of the Board of NRP. "He
brings to our board the knowledge he has gained over a long and successful
business career, and his expertise in the aggregates business should be
particularly beneficial to us as we continue to grow that platform."
Natural Resource Partners L.P. is headquartered in Houston, TX, with its
operations headquarters in Huntington, WV. NRP is a master limited
partnership that is principally engaged in the business of owning and managing
coal properties, and coal handling and transportation infrastructure in the
three major coal producing regions of the United States: Appalachia, the
Illinois Basin and the Powder River Basin. In addition, the partnership also
manages aggregate reserves, oil and gas properties and timber assets across
the United States. The common units are traded on the New York Stock Exchange
(NYSE) under the symbol NRP and the subordinated units are traded on the NYSE
under the symbol NSP.
For additional information, please contact Kathy Hager at 713-751-7555 or
khager@nrplp.com. Further information about NRP is available on the
partnership's website at http://www.nrplp.com.
SOURCE
Natural Resource Partners L.P.
Kathy Hager of Natural Resource Partners L.P., +1-713-751-7555, khager@nrplp.com