Attached files
| file | filename |
|---|---|
| 10-Q - FORM 10-Q - NEWPARK RESOURCES INC | c23396e10vq.htm |
| EX-32.2 - EXHIBIT 32.2 - NEWPARK RESOURCES INC | c23396exv32w2.htm |
| EX-32.1 - EXHIBIT 32.1 - NEWPARK RESOURCES INC | c23396exv32w1.htm |
| EX-31.2 - EXHIBIT 31.2 - NEWPARK RESOURCES INC | c23396exv31w2.htm |
| EXCEL - IDEA: XBRL DOCUMENT - NEWPARK RESOURCES INC | Financial_Report.xls |
| EX-31.1 - EXHIBIT 31.1 - NEWPARK RESOURCES INC | c23396exv31w1.htm |
Exhibit 99.1
Under the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”),
each operator of a coal or other mine is required to include certain mine safety results in its
periodic reports filed with the Securities and Exchange Commission. While we have disputed that
certain operations of our subsidiary, Excalibar Minerals LLC (“Excalibar”), are subject to the
jurisdiction of the Mine Safety and Health Administration (“MSHA”) we are providing below the
required mine safety data for the four specialized barite and calcium carbonate grinding facilities
operated by Excalibar and a gravel excavation facility formerly operated by the Mats and Integrated
Services business were subject to the regulation by MSHA under the Federal Mine Safety and Health
Act of 1977 (the “Mine Act”).
As required by the reporting requirements regarding mine safety included in the Dodd-Frank
Act, the tables below present the following information for the three months ended September 30,
2011 for each of the specialized facilities operated by our subsidiaries:
| (a) | The total number of Mine Act section 104 significant and substantial citations
received, which are for alleged violations of a mining safety standard or regulation
where there exists a reasonable likelihood that the hazard could result in an injury or
illness of a reasonably serious nature; |
||
| (b) | The total number of Mine Act section 104(b) orders received, which are for an
alleged failure to totally abate the subject matter of a Mine Act section 104(a)
citation within the period specified in the citation; |
||
| (c) | The total number of Mine Act section 104(d) citations and orders received,
which are for an alleged unwarrantable failure to comply with a mining safety standard
or regulation; |
||
| (d) | The total number of flagrant violations under section 110(b)(2) of the Mine Act
received; |
||
| (e) | The total number of imminent danger orders issued under section 107(a) of the
Mine Act; |
||
| (f) | The total dollar value of proposed assessments from MSHA under the Mine Act; |
||
| (g) | The total number of mining-related fatalities; and |
||
| (h) | The total number of pending legal actions before the Federal Mine Safety and
Health Review Commission as required by § 1503(a)(3) of the Dodd-Frank Act. |
For the Three Months Ended June 30, 2011
| (A) | (H) | |||||||||||||||||||||||||||||||
| Section | (B) | (C) | (D) | (E) | (F) | Pending | ||||||||||||||||||||||||||
| 104 | Section | Section | Section | Section | Proposed | (G) | Legal | |||||||||||||||||||||||||
| Mine/Grinding Facility | S&S | 104(b) | 104(d) | 110(b)(2) | 107(a) | Assessments | Fatalities | Action | ||||||||||||||||||||||||
Houston Plant /41-04449 |
2 | — | — | — | — | $ | 615.00 | — | — | |||||||||||||||||||||||
Dyersburg Plant / 40-03183 |
— | — | — | — | — | — | — | — | ||||||||||||||||||||||||
Excalibar Minerals (New
Iberia Plaint) /
16-01302 |
— | — | — | — | — | — | — | — | ||||||||||||||||||||||||
Corpus Christ Plant /
41-04002 |
— | — | — | — | — | — | — | — | ||||||||||||||||||||||||
Collins Gulch Gravel Pit |
— | — | — | — | — | — | — | — | ||||||||||||||||||||||||
In addition, for the three months ended September 30, 2011, we report that none of the
mines/grinding facilities which we or any of our subsidiaries were an operator has received written
notice from MSHA of:
| (a) | a pattern of violations of mandatory health or safety standards that are of
such nature as could have significantly and substantially contributed to the cause and
effect of coal or other mine health or safety hazards under section 104(e) of the Mine
Act; or |
||
| (b) | the potential to have such a pattern. |
In evaluating the above information regarding mine safety and health, investors should take
into account factors such as (i) the number of citations and orders will vary depending on the size
of the coal mine or facility, (ii) the number of citations issued will vary from
inspector-to-inspector and mine-to-mine, and (iii) citations and orders can be contested and
appealed, and in that process, may be reduced in severity and amount, and are sometimes dismissed.