Natural Resource Partners L.P. Closes D.D. Shepard Acquisition
04 Diciembre 2006 - 7:00AM
PR Newswire (US)
HOUSTON, Dec. 4 /PRNewswire-FirstCall/ -- Natural Resource Partners
L.P. (NYSE:NRP) and (NYSE:NSP) today announced that it has closed
the D.D. Shepard acquisition announced last week. The acquisition,
effective December 1, 2006, is immediately accretive and is
expected to generate revenues to NRP of approximately $2.0 million
in December. (Logo:
http://www.newscom.com/cgi-bin/prnh/20060109/NRPLOGO ) Natural
Resource Partners L.P. is headquartered in Houston, TX, with its
operations headquarters in Huntington, WV. NRP is a master limited
partnership that is principally engaged in the business of owning
and managing coal properties in the three major coal producing
regions of the United States: Appalachia, the Illinois Basin and
the Powder River Basin. The common units are traded on the New York
Stock Exchange (NYSE) under the symbol NRP and the subordinated
units are traded on the NYSE under the symbol NSP. For additional
information, please contact Kathy Hager at 713-751-7555 or .
Further information about NRP is available on the partnership's
website at http://www.nrplp.com/. This press release may include
"forward-looking statements" as defined by the Securities and
Exchange Commission. Such statements include the estimated revenues
and the accretive nature of the transaction. All statements, other
than statements of historical facts, included in this press release
that address activities, events or developments that the
partnership expects, believes or anticipates will or may occur in
the future are forward-looking statements. These statements are
based on certain assumptions made by the partnership based on its
experience and perception of historical trends, current conditions,
expected future developments and other factors it believes are
appropriate in the circumstances. Such statements are subject to a
number of assumptions, risks and uncertainties, many of which are
beyond the control of the partnership. These risks include, but are
not limited to, decreases in demand for coal; changes in operating
conditions and costs; production cuts by our lessees; commodity
prices; unanticipated geologic problems; changes in the legislative
or regulatory environment and other factors detailed in Natural
Resource Partners' Securities and Exchange Commission filings.
Natural Resource Partners L.P. has no obligation to publicly update
or revise any forward-looking statement, whether as a result of new
information, future events or otherwise.
http://www.newscom.com/cgi-bin/prnh/20060109/NRPLOGO
http://photoarchive.ap.org/ DATASOURCE: Natural Resource Partners
L.P. CONTACT: Kathy Hager, +1-713-751-7555, Web site:
http://www.nrplp.com/
Copyright
Insperity (NYSE:NSP)
Gráfica de Acción Histórica
De Jun 2024 a Jul 2024
Insperity (NYSE:NSP)
Gráfica de Acción Histórica
De Jul 2023 a Jul 2024