Foresight Energy Reenters Deer Run Mine And Begins Construction Of Ventilation Control Stoppings
ST. LOUIS, Oct. 14, 2015 /PRNewswire/ -- Foresight Energy LP (NYSE: FELP) ("Foresight") reported that today certain of its underground mining personnel reentered its Deer Run Mine and began construction of underground ventilation control stoppings. These stoppings are intended to assist Foresight in adjusting ventilation within the mine and to allow Foresight personnel to complete the current longwall move. Upon completion of this longwall move, Foresight intends to seal the current longwall district, where the combustion event occurred and the resultant elevated carbon monoxide levels were located. Foresight continues to work with regulatory agencies for the purpose of completing this longwall move and fully resuming normal longwall mining operations at the Deer Run Mine.
Safe Harbor Provisions Regarding Forward-Looking Statements
This press release contains "forward-looking" statements within the meaning of the federal securities laws. These statements contain words such as "possible," "intend," "will," "if" and "expect" and can be impacted by numerous factors, including risks relating to the securities markets generally, the impact of adverse market conditions affecting business of Foresight, adverse changes in laws including with respect to tax and regulatory matters and other risks. There can be no assurance that actual results will not differ from those expected by management of Foresight. Foresight undertakes no obligation to update or revise such forward-looking statements to reflect events or circumstances that occur, or which it becomes aware of, after the date hereof.
About Foresight Energy LP
Foresight is a leading coal producer in the Illinois basin region of the United States with control of over three billion tons of coal reserves currently supporting four mining complexes. Foresight's logistics give each of its mining complexes multiple modes of transportation to reach the end-users for its coal, including rail, barge and truck. Foresight serves both the domestic and international markets.
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SOURCE Foresight Energy LP
Source: PR Newswire
(October 14, 2015 - 8:00 PM EDT)
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