Coal reserve landowner NRP says mounting bankruptcies little danger to lease pacts

摘要

Coal and mineral reserve landowner Natural Resource Partners LPrnsays mounting bankruptcies among Central Appalachia producersrnwill have little impact on its results of operations as historically leasesrnhave been assumed in lessees’ bankruptcy proceedings.rnIn part due to deteriorating global metallurgical coal markets, arnnumber of Central Appalachian producers, including Patriot CoalrnCorp. and Alpha Natural Resources Inc., that are NRP lessees havernrecently filed for reorganization under Chapter 11 of the U.S.rnBankruptcy Code.