AHGP and ARLP will discuss their 2012 Quarter financial results during a joint conference call scheduled for today at 10:00 a.
98% general partner interest and the incentive distribution rights in ARLP.
Net settlement of employee withholding taxes on vesting of ARLP Long-Term Incentive Plan
Our preferred equity investment in White Oak requires ARLP to record substantially all of White Oak's income and losses until we achieve our contractual preferred return.
Reflecting higher Illinois Basin and Northern Appalachia sales volumes, ARLP sold a record 9.
By resuming operations at Pontiki, ARLP expects to recoup the required investment for these initial repairs and preserve potential future option value for the mining complex.
Coal sales prices realized by ARLP in the 2012 Quarter were lower compared to both the 2011 and Sequential Quarters, primarily due to reduced metallurgical export sales from our Mettiki complex in Northern Appalachia.
The Pontiki mining complex is owned by Pontiki Coal, LLC and operated by Excel Mining, LLC, both wholly-owned subsidiaries of ARLP
Reflecting higher Illinois Basin, Northern Appalachia and brokerage sales volumes, ARLP sold a record 8.
ARLP continues to anticipate coal inventories will trend lower throughout the balance of this year.
Reflecting higher Illinois Basin and brokerage sales volumes, ARLP sold 7.
Similar to 2011, ARLP currently anticipates coal inventories to trend lower throughout the balance of this year.