Massey Energy Statement on 'Act of God' Media References

Published on Friday, 23 July 2010 13:41 Written by TradersHuddle Staff

JULIAN, W.Va., July 23 /PRNewswire-FirstCall/ -- Today, Massey Energy Company (NYSE: MEE) released the following statement regarding media reports that suggest the Company stated that an "Act of God" caused the April 5 accident at the Upper Big Branch (UBB) mine in Montcoal, WV:

(Logo: http://photos.prnewswire.com/prnh/20071031/MASSEYENERGYLOGO )

(Logo: http://www.newscom.com/cgi-bin/prnh/20071031/MASSEYENERGYLOGO )

"Massey Energy has not used the phrase 'Act of God' when referring to the April 5 accident at the UBB mine. Yesterday, the Company shared information that there is a crack in the mine floor and that data readings taken by the U.S. Mine Safety and Health Administration (MSHA) five hours after the accident indicate that the mine experienced an inundation of methane."

Massey Energy Company, headquartered in Richmond, Virginia, with operations in West Virginia, Kentucky and Virginia, is the largest coal producer in Central Appalachia and is included in the S&P 500 Index.  

SOURCE Massey Energy Company