Wyoming’s big coal mines continue to run while company is in bankruptcy From the Casper Star-Tribune The final day to submit bids for assets of Wyoming’s third-largest coal producer is July 8. Cloud Peak Energy, which owns Antelope and Cordero Rojo mines in the Powder River Basin, declared bankruptcy in May. A hearing to approve any sales will take place
Cloud Peak Energy Receives Court Approval of “First Day” Motions to Support Business Operations
From the Casper Star Tribune Cloud Peak Energy, the coal giant that operates two Wyoming mines, filed for bankruptcy Friday amid mounting debt and declining demand. The filing follows months of troubling signs for the Powder River Basin operator, which for a time avoided the economic difficulties of its competitors but had of late experienced growing financial challenges as the market
From the Casper Star-Tribune Cloud Peak Energy gained another week of reprieve last Tuesday, when the coal company reached an agreement with creditors to extend a grace period for their unpaid debt until May 7. In a filing last Wednesday with the Securities and Exchange Commission, the coal firm that operates the Antelope and Cordero Rojo mines in Campbell County
Rough going for Cloud Peak Energy From the Casper Star-Tribune Wyoming’s third-largest coal producer faces possible bankruptcy in the days ahead as the deadline approaches for a $1.8 million debt payment that the firm has left unpaid. Cloud Peak Energy, a pure Powder River Basin operator, goes into default if it elects not to pay Monday, the last in a
Two stories below patch together the story of coal: Wyoming’s Cloud Peak Energy, EIA current count of coal mines in the U.S. and their production 2019 will be a pivotal year for Cloud Peak Energy From the Gillette News Record Cloud Peak Energy Corp.’s New Year’s resolution list for 2019 is short — survive. Resolutions can run the gambit of
Cloud Peak Energy Announces Its Election to Terminate Its Undrawn Credit Agreement
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