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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
788965	Hallador Energy Co	HNRG	Bituminous Coal & Lignite Mining (1220)	841014610

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1166809	C David Hardie	940 Southwood Blvd., Suite 201 Incline Village NV 89451	Chairman Of The Board	Yes	Yes	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2010-11-24	464	$12.17	3,121,206	No	4	S	Indirect	By Hallador Alternative Assets Fund LLC
Common Stock	Disposition	2010-11-24	55	$12.17	297,962	No	4	S	Indirect	By Hallador, Inc.
Common Stock	Disposition	2010-11-24	536	$12.17	819,457	No	4	S	Indirect	By Robert C. Hardie, L.P

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	By Hallador Alternative Assets Fund LLC
No	4	S	Indirect	By Hallador, Inc.
No	4	S	Indirect	By Robert C. Hardie, L.P

Footnotes

Hallador Investment Advisors, Inc. ("HIA") is the investment advisor to Hallador Alternative Assets Fund LLC ("HAAF"). HIA may be deemed to be the indirect beneficial owner of the securities by reason of its influence or control over HAAF's voting and disposition decisions in connection with its advisory services to HAAF. Further, Silvertip Management LLC ("Silvertip") is a Managing Member and General Partner of HAAF and may be deemed to be an indirect beneficial owner of the securities by reason of its influence on or control over HAAF's voting and disposition decisions. The Reporting Person is the President of HIA and a managing member of both HAAF and Silvertip. The Reporting Person disclaims beneficial ownership of the securities except to the extent of his pecuniary interest therein.
The Reporting Person is an executive officer of the holder of the securities and disclaims beneficial ownership of the securities except to the extent of his pecuniary interest therein.
The securities are held by a limited partnership, to which the Reporting Person is an executive officer of its General Partner, Browns Valley, Inc. The Reporting Person disclaims beneficial ownership of the securities except to the extent of his pecuniary interest therein.
Sold pursuant to Rule 10b5-1.