Cloud Peak Energy Completes Previously Announced Corporate Headquarters Move
October 01 2018 - 4:15PM
Business Wire
Cloud Peak Energy Inc. (NYSE:CLD), one of the largest U.S. coal
producers and the only pure-play Powder River Basin (“PRB”) coal
company, today announced that it has completed the previously
announced move of its corporate headquarters to an existing
structure at its Cordero Mine located approximately 25 miles south
of Gillette, Wyoming. Effective October 1, 2018, Cloud Peak Energy
officially moved its physical headquarters to 748 T-7 Rd.,
Gillette, Wyoming 82718, with a mailing address of PO Box 3001,
Gillette, Wyoming 82717-3001. Company phone numbers will remain the
same through the transition.
“Cloud Peak Energy takes pride in being a company with Wyoming
headquarters and this will remain the case following the Gillette
office transition,” commented Colin Marshall, President and Chief
Executive Officer of Cloud Peak Energy. “I greatly appreciate the
dedication and understanding of our employees in managing this
transition. This is another step in our on-going efforts to reduce
costs while focusing on running safe and successful
operations.”
The Company owns the building at 505 S. Gillette Avenue,
Gillette, WY 82716 which previously served as the Company’s
headquarters. The Company plans to sell the building once the
transition is complete.
About Cloud Peak Energy®
Cloud Peak Energy Inc. (NYSE:CLD) is headquartered in Wyoming
and is one of the largest U.S. coal producers and the only
pure-play Powder River Basin coal company. As one of the safest
coal producers in the nation, Cloud Peak Energy mines low sulfur,
subbituminous coal and provides logistics supply services. The
Company owns and operates three surface coal mines in the PRB, the
lowest cost major coal producing region in the nation. The Antelope
and Cordero Rojo mines are located in Wyoming and the Spring Creek
Mine is located in Montana. In 2017, Cloud Peak Energy sold
approximately 58 million tons from its three mines to customers
located throughout the U.S. and around the world. Cloud Peak Energy
also owns rights to substantial undeveloped coal and complementary
surface assets in the Northern PRB, further building the Company’s
long-term position to serve Asian export and domestic customers.
With approximately 1,300 total employees, the Company is widely
recognized for its exemplary performance in its safety and
environmental programs. Cloud Peak Energy is a sustainable fuel
supplier for approximately two percent of the nation’s
electricity.
Cautionary Note Regarding Forward-Looking Statements
This release may contain “forward-looking statements” within the
meaning of the safe harbor provisions of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange
Act of 1934. Forward-looking statements are not statements of
historical facts and often contain words such as “may,” “will,”
“expect,” “believe,” “anticipate,” “plan,” “estimate,” “seek,”
“could,” “should,” “intend,” “potential,” or words of similar
meaning. Forward-looking statements are based on management’s
current expectations, beliefs, assumptions and estimates regarding
our company, industry, economic conditions, government regulations
and energy policies and other factors. Forward-looking statements
may include, for example, statements regarding the potential sale
of our office building, our anticipated savings from the office
consolidation and other statements regarding our plans, strategies,
prospects and expectations concerning our business, operating
results, financial condition, liquidity and other matters that do
not relate strictly to historical facts. These statements are
subject to significant risks, uncertainties, and assumptions that
are difficult to predict and could cause actual results to differ
materially and adversely from those expressed or implied in the
forward-looking statements. We make forward-looking statements
based on currently available information, and we assume no
obligation to, and expressly disclaim any obligation to, update or
revise publicly any forward-looking statements made in this
release, whether as a result of new information, future events or
otherwise, except as required by law.
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Cloud Peak Energy Inc.John Stranak, 720-566-2932Investor
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