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July 29, 2014
15:36 EDTFELPForesight Energy says exam appears to show Hillsboro Mine fire extinguished
Foresight Energy announced that on July 28 a team of examiners and Mine Safety and Health Administration authorities reentered the Hillsboro Energy Deer Run Mine and conducted an examination. This examination included visual observations and air quality and quantity readings throughout the mine. Based on this exam, and the continued low carbon monoxide levels, it appears that the effort to contain and extinguish the fire has been successful. In addition, during the examination process, a limited section of the headgate area of the longwall was observed. Based on this limited observation, it appears there was no damage to the longwall and related equipment. The next step in the reentry process is to pump water from the mine, which commenced last night. After sufficient pumping, an observation period will begin. During the observation period, mine personnel will be working with MSHA on a plan for the workforce to reenter the mine, the company said.
News For FELP From The Last 14 Days
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July 30, 2015
08:13 EDTFELPForesight raises quarterly distribution 2.7% to 38c per unit
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08:12 EDTFELPForesight lowers FY15 adjusted EBITDA view to $385M-$400M from $385M-$425M
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08:10 EDTFELPForesight Energy reports Q2 EPS (20c), consensus 18c
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July 28, 2015
07:16 EDTFELPForesight Energy resumes longwall mining operation at Deer Run Mine
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July 27, 2015
10:00 EDTFELPOn The Fly: Analyst Downgrade Summary
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06:09 EDTFELPForesight Energy downgraded to Neutral from Buy at Natixis
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July 22, 2015
06:23 EDTFELPPeabody downgraded to Neutral from Overweight at JPMorgan
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