Cloud Peak Energy Announces Third Quarter Production Results

Category:

October 13, 2010

Dateline:

GILLETTE, Wyo.

Public Company Information:

NYSE:
CLD

GILLETTE, Wyo.--(BUSINESS WIRE)--Cloud Peak Energy Inc. (NYSE:CLD) announced that it has submitted its third quarter 2010 coal production to Rio Tinto plc on behalf of Cloud Peak Energy Resources LLC. This information was provided to Rio Tinto pursuant to the Master Separation Agreement entered into in connection with the November 2009 initial public offering of Cloud Peak Energy Inc. and related separation and transition transactions. Cloud Peak Energy Inc. owns a 51.7% controlling interest in Cloud Peak Energy Resources LLC. Rio Tinto owns the remaining interest in Cloud Peak Energy Resources LLC.

The following table provides Cloud Peak Energy Resources’ coal production for the third quarter 2010 and certain historical periods:

Production ('000 short tons)

Mine  

Cloud Peak

Energy

Resources’

Interest

 

1Q

2009

 

2Q

2009

 

3Q

2009

 

4Q

2009

 

1Q

2010

 

2Q

2010

 

 

3Q

2010

 

YTD

2009

 

YTD

2010

 
Antelope 100% 8,021 8,597 8,882 8,523 8,468 8,923

9,482

25,500 26,873
 
Cordero Rojo 100% 9,807 8,364 10,567 10,600 8,919 10,024

10,349

28,738 29,292
 
Spring Creek 100% 4,315 4,841 4,685 3,834 4,050 4,935

5,256

13,841 14,241
 
Decker 50% 591 557 649 496 236 410

391

1,797 1,037
Total 22,734 22,359 24,783 23,453 21,673 24,292 25,477 69,878 71,443

* Production for Decker represents only the 50% interest held by Cloud Peak Energy Resources LLC

About Cloud Peak Energy™

Cloud Peak Energy Inc. (NYSE:CLD) is headquartered in Wyoming and is the third largest U.S. coal producer and the only pure-play PRB coal company. 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 PRB, the lowest cost major coal producing region in the nation. 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 is a sustainable fuel supplier for approximately 4 percent of the nation’s electricity.

Contact:

Cloud Peak Energy Inc.
Karla Kimrey, 720-566-2900
Vice President, Investor Relations

Investor Contacts

Primary IR Contact