WESTMORELAND RESOURCE PARTNERS, LP (NYSE:WMLP) Files An 8-K Other EventsItem 8.01. Other Events.
On June 14, 2018, Oxford Mining Company, LLC (“Oxford”), a subsidiary of Westmoreland Resource Partners, LP (the “Partnership”), was informed by AEP Generation Resources Inc. (“AEP”) that AEP had declined its bid to supply coal to AEP’s Conesville Power Plant Units 5 and 6 after the expiration of the parties' current contract on December 31, 2018. Coal sales under Oxford’s current coal supply contract to AEP’s Conesville Power Plant Units 5 and 6 represented 14% of the Partnership’s consolidated revenues in 2017.
About WESTMORELAND RESOURCE PARTNERS, LP (NYSE:WMLP)
Westmoreland Resource Partners, LP, formerly Oxford Resource Partners, LP, is a producer and marketer of thermal coal to the United States utilities and industrial users, and a producer of surface mined coal in Ohio. The Company markets coal to electric utilities with coal-fired, base-load scrubbed power plants under long-term coal sales contracts. Its reserves and operations serve its market area of the Midwest, Northeast and Rocky Mountain regions of the United States. The Company operates approximately 20 active surface mines and manages these mines as mining complexes located in eastern Ohio and Wyoming. The Company’s Ohio mining facilities include approximately two preparation plants, both of which receive, wash, blend, process and ship coal produced from its mines. The Company’s operating subsidiaries include Oxford Mining Company, LLC, Oxford Mining Company-Kentucky, LLC, Westmoreland Kemmerer, LLC, Westmoreland Kemmerer Fee Coal Holdings, LLC and Harrison Resources, LLC.