0001104659-11-041828.txt : 20110729 0001104659-11-041828.hdr.sgml : 20110729 20110729151244 ACCESSION NUMBER: 0001104659-11-041828 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20110725 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20110729 DATE AS OF CHANGE: 20110729 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Rhino Resource Partners LP CENTRAL INDEX KEY: 0001490630 STANDARD INDUSTRIAL CLASSIFICATION: BITUMINOUS COAL & LIGNITE SURFACE MINING [1221] IRS NUMBER: 272377517 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34892 FILM NUMBER: 11997166 BUSINESS ADDRESS: STREET 1: 424 LEWIS HARGETT CIRCLE SUITE 250 CITY: LEXINGTON STATE: KY ZIP: 40503 BUSINESS PHONE: (859) 389-6500 MAIL ADDRESS: STREET 1: 424 LEWIS HARGETT CIRCLE SUITE 250 CITY: LEXINGTON STATE: KY ZIP: 40503 8-K 1 a11-23254_18k.htm 8-K

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): July 25, 2011

 

Rhino Resource Partners LP

(Exact name of registrant as specified in its charter)

 

Delaware

(State or other jurisdiction

of incorporation or organization)

 

001-34892

(Commission

File Number)

 

27-2377517

(IRS Employer

Identification No.)

 

424 Lewis Hargett Circle, Suite 250
Lexington, Kentucky 40503
(Address of principal executive office) (Zip Code)

 

(859) 389-6500
(Registrants’ telephone number, including area code)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o            Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 



 

ITEM 7.01     Results of Operations and Financial Condition.

 

On July 25, 2011, Rhino Resource Partners LP (“Rhino” or the “Partnership”) issued a press release announcing a cash distribution of $0.455 per common unit and subordinated unit for the quarter ended June 30, 2011, or $1.82 per unit on an annualized basis.  This distribution will be paid on August 12, 2011 to all unitholders of record as of the close of business on August 4, 2011.

 

In accordance with General Instruction B.2 of Form 8-K, the information in this Item 7.01, including the exhibits referenced herein, is being furnished pursuant to Item 7.01 of Form 8-K and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, (the “Exchange Act”) or otherwise subject to the liabilities of that section, unless the Partnership specifically states that the information is to be considered “filed” under the Exchange Act or incorporates it by reference into a filing under the Securities Act of 1933, as amended, or the Exchange Act.

 

ITEM 9.01     Financial Statements and Exhibits.

 

(d) Exhibits

 

99.1

 

Press Release dated July 25, 2011.

 

1



 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

 

 

RHINO RESOURCE PARTNERS LP

 

 

 

By:

Rhino GP LLC,

 

 

Its General Partner

Dated: July 29, 2011

 

 

 

By:

/s/ Joseph R. Miller

 

Name: Joseph R. Miller

 

Title: Vice President, Secretary and General Counsel

 

2



 

EXHIBIT INDEX

 

99.1

 

Press Release dated July 25, 2011.

 

3


EX-99.1 2 a11-23254_1ex99d1.htm EX-99.1

Exhibit 99.1

 

 

News Release

 

Investor Contacts:

KCSA Strategic Communications

Jeffrey Goldberger / Philip Carlson

+1 212.896.1249 / +1 212.896.1233

jgoldberger@kcsa.com / pcarlson@kcsa.com

 

RHINO RESOURCE PARTNERS LP ANNOUNCES

SECOND QUARTER DISTRIBUTION AND EARNINGS

RELEASE DATE

 

LEXINGTON, KY (July 25, 2011) — Rhino Resource Partners LP (NYSE: RNO) (“Rhino” or the “Partnership”) today is pleased to announce a cash distribution of $0.455 per common unit and subordinated unit, or $1.82 per unit on an annualized basis.  This distribution will be paid on August 12, 2011 to all unitholders of record as of the close of business on August 4, 2011.

 

Additionally, based on the Partnership’s current estimate of additional cash flow from the recent acquisition of Elk Horn that was announced on June 10, 2011, Rhino expects to recommend to its board an increase in its annual distribution of $0.10 per unit from its current annual level of $1.82 per unit, commencing with the distribution for the quarter ending September 30, 2011.  Management will review the potential for additional distribution increases as a result of the Elk Horn acquisition based on its performance.

 

Rhino today also announced that it plans to release its 2011 second quarter financial results on Tuesday, August 9, 2011 before the market opens.  In connection with the earnings release, Rhino will host a conference call and webcast for investors and analysts to discuss its results for the quarter on Tuesday, August 9, 2011, at 10:00 am (ET).

 

Participants should call 866-831-6272 (United States/Canada) or 617-213-8859 (International) and utilize the confirmation code 84590979. A telephonic replay will be available for anyone unable to participate in the live call. To access the replay, call 888-286-8010 (United States/Canada) or 617-801-6888 (International) and enter confirmation code 56905905. The recording will be available from 1:00 pm (ET) on Tuesday, August 9, 2011 through Tuesday, August 16, 2011 at 11:59 p.m. (ET). A live broadcast of the earnings conference call will also be

 



 

available via the Internet at www.rhinolp.com under ‘Investor Relations’. The webcast will be archived on the site for one year.

 

About Rhino Resource Partners LP

 

Rhino Resource Partners LP is a growth-oriented limited partnership formed to control and operate steam and met coal properties and other stable, cash generating non-coal natural resource assets. Rhino’s current operations are in Central Appalachia, Northern Appalachia, the Illinois Basin and the Western Bituminous region.

 

About Wexford Capital LP

 

Rhino’s general partner, Rhino GP LLC, is an affiliate of Wexford Capital LP.  Wexford Capital is an SEC registered investment advisor with over $7 billion of assets under management.  Formed in 1994, Wexford manages a series of private equity and hedge funds.  Wexford prides itself on its independent thinking and opportunistic investment style and has particular expertise in the energy / natural resources sector with investments in coal, oil and gas exploration and production assets, energy services, and related sectors.

 

Additional information regarding Rhino and Wexford is available on their respective web sites — RhinoLP.com and Wexford.com.

 

# # #

 


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