Foresight Energy Provides Update on Elevated Carbon Monoxide Readings at the Deer Run Mine
Foresight Energy LP (NYSE:FELP) (“Foresight”) reported today that its efforts to restore operations at its Deer Run Mine are ongoing. Foresight’s company personnel continue to coordinate with federal and state authorities to examine and monitor the mine, address the cause of the elevated carbon monoxide levels, and safely resume operations. Foresight does not have an estimate of the timeline on which Deer Run Mine will resume normal underground operations
To date, the company has met all of its coal supply obligations from inventory and expects to continue to do so through the foreseeable future.
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 the Partnership, 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 the Partnership. The Partnership undertakes no obligation to update or revise such forward-looking statements to reflect events or circumstances that occur, or which Foresight 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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