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Articles written by Greg Johnson

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 By Greg Johnson    News    December 31, 2020

Peabody reaches deal with creditors

GILLETTE — In a move that could potentially stave off a second Chapter 11 bankruptcy in five years for Peabody Energy Corp., the company has announced an agreement with its creditors to refinance $459 million of debt. The agreement, made in a...

 
 By Greg Johnson    News    October 29, 2020

Powder River Basin coal facing point of no return

GILLETTE— A decade ago, the Powder River Basin was hitting its economic peak. Fracking was exploding to pump new life into Wyoming’s oil and natural gas industries, and coal was proving why it was the real black gold of the Cowboy State. The Powd...

 
 By Greg Johnson    News    September 3, 2020

NTEC lays off 80 previously furloughed Antelope mine workers

GILLETTE — When he got the call Thursday, Aaron McAllister was hopeful he’d be going back to work nearly three months after being furloughed from the Antelope coal mine. Instead, he got his severance package with the news that furloughs for...

 
 By Greg Johnson    News    August 29, 2019

High-level DOE official tours Gillette power plant, test center

GILLETTE — Compared to the large metropolitan areas found in and around Washington, D.C., Gillette is a pretty small fish. But there’s nothing small-time about carbon research happening here. That was one of the observations of a top U.S. Departm...

 
 By Greg Johnson    News    August 29, 2019

Contura sale runs on as patience runs out

GILLETTE — Patience may be a virtue, but if you’re among the nearly 600 locked out Eagle Butte and Belle Ayr coal miners who have been out of work for 56 days, it’s also more difficult to practice. For many, there is no more patience. Deanna Fr...

 
 By Greg Johnson    News    August 8, 2019

Contura winning bidder for Blackjewel's Wyoming mines

GILLETTE — Nearly 600 Blackjewel LLC coal workers in Wyoming and West Virginia may see a monthlong forced layoff end soon after the company has agreed to sell a trio of mines to Contura Energy Inc. An agreement to sell the company’s flagship...

 
 By Greg Johnson    News    July 4, 2019

Blackjewel CEO out, court grants emergency financing

GILLETTE — Blackjewel LLC President and CEO Jeffrey Hoops Sr. will resign as a condition of a federal bankruptcy court’s order granting $5 million in emergency financing to pay for security and other maintenance at the company’s properties as...

 
 By Greg Johnson    News    May 16, 2019

Cloud Peak files for bankruptcy

GILLETTE — Cloud Peak Energy’s bankruptcy filing Friday afternoon may be the beginning of the end for the Gillette-based coal producer. Unlike previous Powder River Basin coal bankruptcies, Cloud Peak seems to be looking to shed debt and sell...

 

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