Profile: Oxford Resource Partners LP (OXF.N)
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Oxford Resource Partners, LP is a producer of value steam coal, and surface mined coal in Ohio. The Company’s reserves and operations are located in Northern Appalachia and the Illinois Basin to serve its primary market area of Illinois, Indiana, Kentucky, Ohio, Pennsylvania and West Virginia. The Company markets its coal primarily to utilities with coal-fired, base-load scrubbed power plants under long-term coal sales contracts. As of December 31, 2010, the Company had 21 active surface mines. The Company’s operations also include two river terminals, located in eastern Ohio and western Kentucky. During the year ended December 31, 2010 (during 2010), The Company produced 7.5 million tons of coal. As of December 31, 2010, it owned and/or controlled 93.5 million tons of proven and probable coal reserves. In 2010, the Company acquired 8.7 million tons of proven and probable coal reserves.
Northern Appalachia
The Company operates seven surface mining complexes in Northern Appalachia, substantially all of which are located in eastern Ohio. During 2010, its mining complexes in Northern Appalachia produced an aggregate of 5.8 million tons of steam coal. The Cadiz mining complex is located in Harrison County, Ohio, and includes reserves located in Jefferson County, Ohio, and Washington County, Pennsylvania. It consists of the Daron, Elk Run and County Road 29 mines. It’s operations at the Cadiz mining complex target the Pittsburgh #8, Redstone #8A and Meigs Creek #9 coal seams. As of December 31, 2010, the Cadiz mining complex included 10.9 million tons of proven and probable coal reserves. The infrastructure at this mining complex includes a coal crusher, a truck scale and the Cadiz rail loadout.
The Tuscarawas County mining complex is located in Tuscarawas, Columbiana and Stark Counties, Ohio, and consists of the Stonecreek, Stillwater, Chumney and Strasburg mines. Operations at this mining complex target the Brookville #4, Lower Kittanning #5, Middle Kittanning #6, Upper Freeport #7 and Mahoning #7A coal seams. As of December 31, 2010, the Tuscarawas County mining complex included 7.6 million tons of proven and probable coal reserves. The infrastructure at this mining complex includes three coal crushers with truck scales and the Strasburg wash plant. Coal produced from the Tuscarawas County mining complex is trucked directly to its customers, its Barb Tipple blending and coal crushing facility or Strasburg wash plant. During 2010, the mining complex produced 0.9 million tons of coal.
The Plainfield mining complex is located in Muskingum, Guernsey and Coshocton Counties, Ohio and consists of the Plainfield mine. Its operations at the Plainfield mining complex target the Middle Kittanning #6 coal seam. As of December 31, 2010, the Plainfield mining complex included 6.4 million tons of proven and probable coal reserves. The infrastructure at this mining complex includes its Barb Tipple blending and coal crushing facility. During 2010, the mining complex produced 0.3 million tons.
The Belmont County mining complex is located in Belmont County, Ohio, and consists of the Lafferty, Boswell, Flushing and Wheeling Valley mines. Operations at the Belmont County mining complex target the Pittsburgh #8 and Meigs Creek #9 coal seams. As of December 31, 2010, the Belmont County mining complex included 6.2 million tons of proven and probable coal reserves. Coal produced from the Belmont County mining complex is primarily transported by truck to its Bellaire river terminal on the Ohio River. During 2010, the mining complex produced 1.1 million tons of coal.
The New Lexington mining complex is located in Perry, Athens, and Morgan Counties, Ohio, and consists of the New Lexington mine. Operations at the New Lexington mining complex target the Lower Kittanning #5, Middle Kittanning #6 coal seams and Pittsburgh #8 coal seams. As of December 31, 2010, the New Lexington mining complex included 5.7 million tons of proven and probable coal reserves.
The Harrison mining complex is located in Harrison County, Ohio, and consists of the Harrison mine. The Harrison mining complex is owned by Harrison Resources. The Company owns 51% of Harrison Resources and CONSOL Energy owns the remaining 49% indirectly through one of its subsidiaries. The Company manages all of the operations of, and perform all of the contract mining and marketing services for, Harrison Resources. Operations at the Harrison mining complex target the Pittsburgh #8, Redstone #8A and Meigs Creek #9 coal seams. As of December 31, 2010, the Harrison mining complex included 5.1 million tons of proven and probable coal reserves.
The Noble County mining complex is located in Noble and Guernsey Counties, Ohio, and consists of the Long-Sears and Hall’s Knob mines. Operations at the Noble County mining complex target the Pittsburgh #8 and Meigs Creek #9 coal seams. As of December 31, 2010, the Noble County mining complex included 2.7 million tons of proven and probable coal reserves.
Illinois Basin
The Company operates one surface mining complex in the Illinois Basin, which is located in western Kentucky. During 2010, the mining complex produced an aggregate of 0.4 million tons of steam coal. The Muhlenberg County mining complex is located in Muhlenberg and McClean Counties, which is in western Kentucky, and consists of the Schoate, Highway 431, KO and Rose France mines. Operations at the Muhlenberg County mining complex target the #5, #6, #9, #10, #11, #12 and #13 coal seams of the Illinois Basin. The infrastructure at this mining complex includes the Schoate wash plant, the KO coal crusher, the Rose France coal crusher and its Island river terminal.
The Company competes with Alliance Resource Partners, L.P., Alpha Natural Resources, Inc., Armstrong Coal Company, Buckingham Coal Co., Inc., The Cline Group, CONSOL Energy, Massey Energy Company, Murray Energy Corporation, Patriot Coal Corp., Peabody Energy, Inc. and Rhino Resource Partners LP.
Company Address
Oxford Resource Partners LP
Suite 3450, 41 South High Street
P.O. Box 427
COLUMBUS OH 43215-6150
P: +1614.6430337
F: +1302.6555049
Company Web Links
| Name | Compensation |
|---|---|
George McCown |
-- |
Charles Ungurean |
1,326,680 |
Bradley Harris |
1,182,230 |
Daniel Maher |
701,954 |
Gregory Honish |
542,677 |

