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Nick Carter, President and COO of Natural Resource Partners LP, Talks to The Wall Street Transcript


NEW YORK--(BUSINESS WIRE)--Dec. 10, 2007--The Wall Street Transcript has published an in-depth interview with Nick Carter, President and COO of Natural Resource Partners L.P. (NYSE:NRP) in which he talks at length about the Company.

The entire 2,500 word interview is available free online at

NRP is a master limited partnership that is principally engaged in the business of owning and managing coal properties in the three major coal producing regions of the United States: Appalachia, the Illinois Basin and the Powder River Basin.

When asked why investors should look at NRP Mr. Carter stated, "We have a five-year history with 18 increases in distributions and 17 straight increases in distributions. We are a company that's made smart acquisitions and then been able to integrate those acquisitions in part because of the way we do due diligence. When performing due diligence we have the people who will be in charge of managing the property actively working on the acquisition team. We've used our revenue streams from those acquisitions to increase distributions. We have a very strong balance sheet to back up the company and the distributions."

When asked about the company's agenda over the next 12-18 months Mr. Carter stated: "We need to keep doing what we've been doing! We need to always keep our eye on the ball and actively manage the properties that we already have. We need to generate a strong revenue stream from those properties first and foremost. We will be in the field actively managing those, making sure that the mine plans, which we have the right to approve, maximize the use of our resource. Additionally, we have the right to audit our lessees' royalty payments to insure that we are paid the correct amount of royalty. While doing those things, we are also building a relationship with our lessees because we have found that most of our acquisition leads come from our current lessees."

The Wall Street Transcript does not endorse the views of any interviewees nor does it make stock recommendations. For subscription information call 800/246-7673.

Natural Resource Partners L.P.
Kathy Hager Roberts, 713-751-7555
Vice President, Investor Relations

Natural Resource Partners L.P.

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