|
Tuesday, 26 January 2010 15:29 |
Cloud Peak Energy CEO to Speak at Credit Suisse Energy Summit 2010
Gillette, WY, January 26, 2010 – Cloud Peak Energy Inc. (NYSE:CLD) announced that Colin Marshall, Cloud Peak Energy’s President and Chief Executive Officer, will speak at the Credit Suisse Energy Summit 2010 conference at 12:20 p.m. (MST) on Tuesday, February 2, 2010 in Vail, Colorado.
Mr. Marshall’s presentation will be webcast live and can be accessed at the following address: www.cloudpeakenergy.com/investor-relations/webcasts-and-presentations
A replay of the webcast will be available at the same URL for 30 days.
For additional investor information, please visit the investor relations section of the Cloud Peak Energy web site: www.cloudpeakenergy.com/investor-relations
About Cloud Peak Energy™
Cloud Peak Energy Inc. (NYSE:CLD) is headquartered in Wyoming and is the third largest coal producer in the United States. As one of the safest coal producers in the nation, Cloud Peak Energy specializes in the production of low sulfur, sub-bituminous coal. The company owns and operates three surface coal mines in the Powder River Basin, the lowest cost coal producing region in the nation among major coal producing regions. The Antelope Mine and Cordero Rojo Mine are located in Wyoming and the Spring Creek Mine is located near Decker, Montana. With approximately 1,500 employees, the company is widely recognized for its exemplary performance in its safety and environmental programs. Cloud Peak Energy Inc. is a sustainable fuel supplier for approximately 4.4 percent of the nation’s electricity. |
|
Monday, 18 January 2010 16:00 |
|
Cloud Peak Energy Appoints Bryan Pechersky as Executive Vice President and General Counsel
Gillette, WY, January 18, 2010 – Cloud Peak Energy Inc. (NYSE:CLD) announced that Bryan Pechersky joined the company as Executive Vice President and General Counsel on January 18, 2010.
Pechersky was most recently Senior Vice President, General Counsel and Secretary for Harte-Hanks, Inc. (NYSE: HHS), a worldwide, direct and targeted marketing company. Prior to joining Harte-Hanks, Pechersky served as Senior Vice President, Secretary and Senior Corporate Counsel for Blockbuster Inc. (NYSE: BBI), a global movie and game entertainment retailer. Pechersky also served as Deputy General Counsel and Secretary for Unocal Corporation (NYSE: UCL), an international energy company acquired by Chevron Corporation in 2005, and was in private practice with the law firm Vinson & Elkins LLP. Pechersky earned his Bachelor of Arts and Juris Doctorate from the University of Texas, Austin, Texas.
President and Chief Executive Officer Colin Marshall said, "Bryan’s strong background as a general counsel and in senior leadership positions for other public companies, including in the energy industry, makes him well suited to serve as Cloud Peak’s first general counsel. We welcome Bryan as a member of our management team and look forward to Bryan's contributions to our company."
About Cloud Peak Energy
Cloud Peak Energy Inc. (NYSE: CLD) is headquartered in Wyoming and is the third largest coal producer in the United States. As one of the safest, most efficient coal producers in the nation, Cloud Peak Energy Inc. specializes in the production of low sulfur, sub-bituminous coal. The company owns and operates three surface coal mines: Antelope Mine and Cordero Rojo Mine are located in the Powder River Basin of Wyoming, and Spring Creek Mine is located near Decker, Montana. With approximately 1,500 employees, the company is widely recognized for its exemplary performance in its safety and environmental programs. Cloud Peak Energy Inc. is a sustainable fuel supplier for approximately 4.4 percent of the nation’s electricity. |
|
Wednesday, 13 January 2010 15:44 |
|
Cloud Peak Energy Announces Production Results
Gillette, WY, January 13, 2010 – Cloud Peak Energy Inc. (NYSE:CLD) submitted to Rio Tinto plc on behalf of Cloud Peak Energy Resources LLC, pursuant to their Master Separation Agreement, a report of the coal production for its four mines as follows:
| Production
('000 short tons)
|
|
|
|
|
|
|
|
|
|
CPE Resources LLC |
4Q |
1Q |
2Q |
3Q |
4Q |
Year |
Year |
| Mine |
Interest |
2008 |
2009 |
2009 |
2009 |
2009 |
2008 |
2009 |
|
|
|
|
|
|
|
|
|
| Antelope |
100% |
9,024 |
8,021 |
8,597 |
8,882 |
8,523 |
35,794 |
34,023 |
| Cordero Rojo |
100% |
10,288 |
9,807 |
8,364 |
10,567 |
10,600 |
40,033 |
39,338 |
| Spring Creek |
100% |
4,792 |
4,315 |
4,841 |
4,685 |
3,834 |
17,928 |
17,675 |
| Decker* |
50% |
735 |
591 |
557 |
649 |
496 |
3,230 |
2,293 |
| Total Production |
|
24,839 |
22,734 |
22,359 |
24,783 |
23,453 |
96,985 |
93,329 |
|
*Production for Decker represents only the 50% interest held by Cloud Peak Energy Resources LLC
About Cloud Peak Energy
Cloud Peak Energy (NYSE:CLD) is headquartered in Wyoming and is the third largest coal producer in the United States. As one of the safest coal producers in the nation, Cloud Peak Energy Inc. specializes in the production of low sulfur, sub-bituminous coal. The company owns and operates three surface coal mines in the Powder River Basin, the lowest cost coal producing region in the nation among major coal producing regions. The Antelope Mine and Cordero Rojo Mine are located in Wyoming and the Spring Creek Mine is located near Decker, Montana.
|
|
Monday, 11 January 2010 16:10 |
|
Cloud Peak Energy Announces Three New Independent Directors on its Board
Cloud Peak Energy Inc. (NYSE: CLD) announces that three new independent directors have joined the Board of Directors for the company effective January 5, 2010. The new members are William F. Owens, C. Kevin McArthur, and Steven W. Nance.
The Honorable William F. Owens previously served as Governor of Colorado from 1999 to 2007. He is a Senior Advisor at PCL Construction and is on the board of Key Energy Services Inc. He is also involved in a number of other private businesses. For Cloud Peak Energy Inc., former Governor Owens will chair the Nominating and Corporate Governance Committee and serve on the Compensation Committee.
Mr. McArthur is a former President and CEO of both Goldcorp Inc. and Glamis Gold, Inc., and has considerable mining experience with several minerals companies. On the Cloud Peak Energy Inc. Board Mr. McArthur will chair the Health Safety Environment and Communities Committee, and he will also serve on the Nominating and Corporate Governance Committee.
Mr. Nance is the former President of Peoples Energy Production Company, previously served as the Chairman, President and CEO of XPLOR Energy Inc., and has significant experience with several other energy companies. For Cloud Peak Energy Inc., Mr. Nance will serve on both the Compensation Committee and the Audit Committee.
The three new members join Chairman Keith Bailey, and Directors Preston Chiaro, William T. Fox III, Chris Tong and Colin Marshall on the Board. Cloud Peak Energy Inc. is headquartered in Wyoming and is the third largest coal producer in the United States. As one of the safest, most efficient coal producers in the nation, Cloud Peak Energy Inc. specializes in the production of low sulfur, sub-bituminous coal. The company owns and operates three surface coal mines: Antelope Mine and Cordero Rojo Mine are located in the Powder River Basin of Wyoming, and Spring Creek Mine is located near Decker, Montana. With approximately 1,500 employees, the company is widely recognized for its exemplary performance in its safety and environmental programs. Cloud Peak Energy Inc. is a sustainable fuel supplier for approximately 4.4 percent of the nation’s electricity. |
|
Wednesday, 06 January 2010 15:39 |
|
Decker Coal Accepts Buy-Out of Coal Supply Contract
Gillette, WY, January 6, 2010 – Cloud Peak Energy Inc. (NYSE:CLD) announced an agreement that Decker Coal Company, in which Cloud Peak Energy is a 50% partner, has accepted a buy-out offer from an eastern utility company for a coal supply contract originally scheduled through 2012.
The customer’s contract accounted for approximately 30 percent of production for 2010 and the majority of the production for 2011 and 2012. The arrangement is mutually beneficial to both the utility and the Decker Joint Venture as it allows the utility to avoid purchasing coal it no longer requires, and Decker to pursue more favorable sales opportunities. Decker Coal Company currently holds no firm sales contracts beyond 2011, but continues to seek market opportunities for the approximately 42 million tons of non-reserve coal held by the Company.
This arrangement provides financial compensation for the remaining tons under this contract and allows the Decker Joint Venture to better manage the ongoing mining operation. The transaction will be effective and reflected in fiscal year 2009.
|
|
Read more...
|
|
|