Perfect. We have made good progress on these fronts, and we believe we can achieve an additional $25 million reduction in capital expenditures compared to 2019 levels as we prioritize cash reservation. We continue to maintain 100% of our existing customer base and have begun to see improvement from a contracting perspective beyond 2020. But what changed in the second quarter was as there was no place to pivot to, there was just no place to go, the international markets just kind of sank. Like we obviously deferred a lot of the capex, particularly on the growth side this year. Have you had similar discussions about that into August?Yeah. And related to that point, and maybe this is for Jimmy, if you're comfortable, what were you -- if you just kind of take you to the July or the August kind of production run rates, would you be comfortable maybe sharing what those annualized to? Coal production at the Pennsylvania Mining Complex decreased to 2.4 million tons in Q2 of '20 compared to 7.2 million tons in the year ago quarter. We own a lot of land. Additionally, low natural gas and crude oil prices have led to reduced activity and capital expenditures for E&P companies. And we're starting to see those rebound now. Retirement Gentlemen, thanks so much and best of luck, Jim.And this will conclude our question-and-answer session. I'm not running away from this market or this company, but I feel myself slowing down and others see this too. The reduction in liquidity compared to the first quarter was driven by reduced cash on the balance sheet and an $8 million reduction in availability under our securitization facility. So we're seeing that. Now we are continuing with a very, very low-cost exploratory mining, as I called it before, it's very low volume tons, one crew, one ship today that's working there now.
So that's what we're looking at, Lucas.I appreciate that. And again, we'll have to see how balance of 2020 plays out to give you a better color. Well, maybe I'll ask a qualitative question then. For its share of the Pennsylvania Mining Complex, CCR produced 600,000 tons of coal during Q2 of '20 compared to 1.8 million tons in the year ago quarter. Great. And we believe that moving forward, it's a very high likelihood, at least half of these will happen. We'll also preserve full access to our $400 million revolving credit facility. But with that said, that's why the -- that's why the export market is very important to us as well. Given the uncertainty in the marketplace, continued access to liquidity and financial flexibility will be paramount for both companies moving forward. I mean all of them could execute, some could have happened in the second half, some could happen in first half of next year.
Since beginning of 2020, we have taken several steps to reduce our outstanding debt and capture the arbitrage that exists between different financing costs while maintaining strong liquidity.Let me now summarize some of our key liability management initiatives since the beginning of the year. Despite the significant demand decline, we achieved several important goals during the second quarter. And if the market turns out to be one where we are able to go back into some growth capex here, that will probably move the needle. And everyone, best of luck. Let me move first to a question for Mitesh, if I can. Mitesh will then discuss our liability management program, financial results, cash preservation efforts and outlook for the remainder of 2020. Not only is it our top core value, it is the foundation of our company’s identity and the basis for our Absolute ZERO culture. And I know the sales team is in good hands with Bob and Dan, I'm sure you've trained them very well. But we will not be spending a lot of money on Itmann moving forward until we have a better idea of where the market is and timing of what we need to continue that project.And just so you know, it's not really a question around Itmann's economics, it's more of a capital allocation question for us. Nathan Tucker-- Manager, Finance and Investor Relations Thank you, Cole, and good morning, everyone. This recent demand improvement has allowed us to restart one longwall at our Enlow Fork mine after it was idled for most of the second quarter. yeah. And are some of those customers looking at what's going on from the supplier sector of the side, certainly wanting -- after we get through this uncertainty on demand, wanting to get more aggressive with partnering with you as we get out the other side of this.Well, I would say to start-up, we are certainly concerned with the closure of power plants, particularly the ones that have been accelerated. And I know there are a lot of different moving pieces. However, our $30.1 million in contract buyouts essentially offset this expense. However, in the second quarter, we shipped roughly 800,000 tons. At CONSOL Energy, safety is our number one value. We have done that in the past. Xcoal expects to deliver it, and we should have more clarity about that as we get into the next quarter.Well, you've got the volume contract with Xcoal and then the terminal contract as well. Martha Wiegand Board Member at Consol Coal Resources LP. But it is -- depending on how market conditions play out, I think we are going to be market-driven. Tens of millions, hundreds of millions?I think you could say, tens of millions. CONSOL Energy story: CONSOL Energy exotic insider transaction detected and other headlines for CONSOL Energy Given the uncertainty created by global economic shutdowns, we decided to preserve our cash. And particularly, Jim, I will be missing you on these conference calls and your insights throughout the year. We also expect a $13 million reduction in cash SG&A expense, which is above the $8 million to $10 million target we laid out last quarter.Let me now provide some additional color on our liquidity position. About Us As a result, CEIX ended the second quarter with negative $24 million of organic free cash flow.Our cash flow from operations included a working capital use of $19 million due to significant decline in our accounts payable balance and a $10 million semiannual interest payment on our second lien notes. Is that -- you're producing $40 million EBITDA, at least now. But yes, it is possible that we are going to have free cash flow in the back half of the year.