Foresight Energy sees positive readings at idled Illinois coal mine

Coal producer Foresight Energy LP (NYSE: FELP) announced April 28 that air readings have remained stabilized near ambient or normal historical levels for the past thirteen days at its Deer Run longwall mine in Illinois.

Company personnel are working with federal and state officials on a reentry plan. Elevated carbon monoxide levels at the mine in excess of action levels forced an evacuation of the mine on March 26. Carbon monoxide, which can be deadly, is a sign of some form of combustion in the mine.

The company said that “certain industry publications” referenced a supposedly elevated hydrogen reading. “We believe these statements were misleading, as the hydrogen readings have not been considered at dangerous levels, and they were lower than certain of the readings taken during the last thirteen days,” said the company. “Current readings show that hydrogen and carbon monoxide levels remain at or near ambient levels.”

To date, the company said it has met all of its coal supply obligations from inventory and expects to continue to do so through the foreseeable future.

Foresight, founded by coal operator Chris Cline, is a leading coal producer in the Illinois Basin, with control of over three billion tons of coal reserves currently supporting four mining complexes.

About Barry Cassell 20414 Articles
Barry Cassell is Chief Analyst for GenerationHub covering coal and emission controls issues, projects and policy. He has covered the coal and power generation industry for more than 24 years, beginning in November 2011 at GenerationHub and prior to that as editor of SNL Energy’s Coal Report. He was formerly with Coal Outlook for 15 years as the publication’s editor and contributing writer, and prior to that he was editor of Coal & Synfuels Technology and associate editor of The Energy Report. He has a bachelor’s degree from Central Michigan University.