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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Atlantic Coal | LSE:ATC | London | Ordinary Share | GB00B142G994 | ORD 0.07P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.09 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS No 2157b ATLANTIC RICHFIELD COMPANY 19th June 1998 ARCO, Montana Sign Conditional Agreement to Settle Natural Resource Damage and Silver Bow Creek Remediation Claims LOS ANGELES, June 19/ PRNewswire/ -- ARCO (NYSE: ARC) and the State of Montana have signed a conditional settlement agreement in the state's Natural Resource Damage (NRD) lawsuit against the company. The settlement, for $215 million, also will resolve claims against the company for remediation at Silver Bow Creek. The settlement is conditional upon successful negotiation of an agreement between ARCO, the State of Montana and the United States relating to that cleanup and upon court approval of both agreements. This sites covered by this agreement were inherited when ARCO acquired Anaconda Copper in 1977. The state's remaining NRD claims are expected to be resolved through restoration activities undertaken in connection with remediation at sites on the Clark Fork River, the old Silver Bow Creek drainage in Butte, and portions of the Anaconda site -- all located in Southwest Montana. Over the years, ARCO and Montana community leaders have worked together to transform Superfund sites at the Old Works, Warm Springs Ponds, and areas in Butte, into recreational facitilities that are national models of remediation. Since ARCO has previously accrued environmental costs for this settlement, there will be no material effect on ARCO'S net income. SOURCE ARCO Note to Editors: For a menu of ARCO's news releases or to retrieve a specific release, visit ARCO's website at http://www.arco.com on the Internet./ /CONTACT: Tom Goff, 213-486-2456, or Sandra Stash, 406-563-5211, ext.431, both of ARCO/ /Web site: http://www.arco.com/ (ARC) END MSCZLGZVMGRLRMG
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