Foresight Energy Reentry Plan Approved For Deer Run Mine

Jul 20, 2015, 07:00 ET from Foresight Energy LP

ST. LOUIS, July 20, 2015 /PRNewswire/ -- Foresight Energy LP (NYSE: FELP) ("Foresight") reported today that the Federal Mine Safety and Health Administration ("MSHA") and the State of Illinois Department of Natural Resources' Office of Mines and Minerals ("IDNR") have approved Foresight's plan to reenter and restore power to a portion of the Deer Run Mine. This will allow Foresight personnel to evaluate the ventilation and longwall mining systems and to address any needed rehabilitation to the underground facilities. This approval came after a thorough evaluation of the Mine atmosphere by Foresight, MSHA, and IDNR officials. Mine personnel will continue to monitor air quality in accordance with sampling protocols, as required by the reentry plan. Foresight continues to work with regulatory agencies for the purpose of fully resuming normal 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