Contura Sale of 2 Wyoming Mines Unlikely to Ease Powder River Basin’s Low-Price Problem

first_img FacebookTwitterLinkedInEmailPrint分享SNL:Coal prices in the Powder River Basin are low, and the recent sale of Contura Energy Inc.’s two mines in the region is unlikely to change that, according to analysts.Seaport Global Securities LLC analysts Mark Levin and Nathan Martin estimated in a Dec. 18 note that about 93 million tons of PRB coal had yet to be priced at the end of the third quarter — about 26% of total production in the region.“We think this is one major reason why PRB production will likely come in lower than flat in 2018,” they said. “Moreover, with so much coal yet to be priced, we are beginning to believe that absent a big move in natural gas prices and/or a very cold rest of December through February, PRB producers will put out 2018 volume guidance in late January/early February that is well below flat YOY.”The analysts called Contura’s decision to sell its Eagle Butte and Belle Ayr mines to Blackjewel LLC “a good one, maybe even a great one,” noting the move reduces Contura’s balance sheet asset retirement obligation from $200 million to $83 million, frees up $25 million in unrestricted cash, create significant income tax deductions, provides $50 million in royalty payments and reduces capital expenditures by $10 million to $12 million.However, the move will not likely help prices in the PRB.More: Western coal faces declining output, stagnant pricing despite Contura mine sale Contura Sale of 2 Wyoming Mines Unlikely to Ease Powder River Basin’s Low-Price Problemlast_img read more


first_imgCharles “Charlie” Edward Hofer, age 92 of Brookville, died Wednesday, March 11, 2020 peacefully in his home surrounded by his children.  Born July 13, 1927 in Brookville, Indiana he was one of six children born to the late Harry and Dora (Biere) Hofer. Charlie was wed to Charlotte Deaton on December 1, 1950 and enjoyed 65 years of marriage before she preceded him in death on February 27, 2016.  He was a member of the U.S. Army, an avid woodworker and gardener, and a loving dad, grandfather, and great-grandfather.  Charlie loved to travel in his RV around the country.  He worked for and later retired from Sperry Rubber.Charlie is survived by five children including Karen (Don) Murray of Brookville, Peg (Ron) St. John of West Harrison, John Hofer of Brookville, Janie (Todd) Thompson of Sevierville, TN, and Julie (Jeff) Riedman of Brookville.  Ten grandchildren also survive him including Jennifer Barrett, Jason (Brandi) Murray, Tasha (Kevin) Campbell, Emily (Kevin) Blades, Adam (Sarah) Hofer, Megan (Blake) Marshall, Chrissy St. John (Nick Dokich), Sarah (Doug) Reinhardt, Anna Thompson, and Mattie Thompson.  He also leaves behind seventeen great-grandchildren including Alexus (Jordan) Beasley, Kelsey Barrett, Olivia Barrett, Logan Blades, Jayden Murray, Charlotte Barrett, Elijah Murray, Grant Blades, Riley Barrett, Sydney Campbell, Emma Campbell, Kaylee Marshall, Brett Reinhardt, McKenna Marshall, Braydon Campbell, Brooklyn Reinhardt, and Maggie Hofer. Charles is also survived by three sisters, Wilma Hayward of Elkhart, JoAnn Dabney of Albuquerque, NM, and Marjorie Dorrel of Medina, OH, and one sister-in-law, Faye Hofer of Brookville.  In addition to his parents, he was preceded in death by two brothers, Bill Hofer and James Hofer, a sister-in-law, Mary Ann Hofer, and a brother-in-law, Dean Hayward.****Update – There will be no public visitation or services  due to the current CDC recommendations for public gatherings.  Services, officiated by Pastor Tom Marshall will be held on Saturday for immediate family members only at the funeral home and burial will follow in Maple Grove Cemetery.To sign the online guestbook or to leave personal memories please visit  The staff of Cook Rosenberger Funeral Home is honored to care for the family of Charlie Hofer.last_img read more

Florida Woman: Hospital mistakenly told me my husband was dead from COVID-19

first_imgPanama City Beach — A Florida woman’s nerves are shot after a Panama City Beach hospital allegedly mistakenly declared her husband dead from coronavirus. Kristen Chapman was on an emotional roller coaster after she got a call last week from the hospital that her husband died from the virus, then seven hours later, she got another call saying that her husband was still alive.“Seven hours later, I received another call saying they were running more tests and his heart is beating on its own and the doctor misspoke,” a rather frazzled Kristen Chapman said in an interview Monday. “That’s not something you misspeak about. I don’t know how in the world that could happen.”Chapman’s 39-year-old husband has since been moved to a different hospital and the new hospital is making sure she stays informed.Her husband, who was allegedly declared deceased in error on Wednesday at Ascension Sacred Heart Bay, is now fighting for his life at a veterans hospital in Gainesville.Family and friends of 39-year-old Jake Chapman began protesting outside of the hospital Friday night upon learning Chapman had not died Wednesday, though put on life support. The group was primarily comprised of Chapman’s fellow members of Destiny Worship Center, where he is a worship leader.Chapman’s wife of 16 years, Kristen Chapman, said she received the reverse prognosis over the phone on Wednesday evening, about seven hours after initially being told her husband and father of their five children was deceased.ASH Bay declined to comment Wednesday, citing HIPAA restrictions. The company also declined to comment about COVID-19-related visitation rights of family members of declared deceased patients.“Because of the context of your questions, the HIPAA law restrictions still apply. We cannot comment because of the federal HIPAA law that protects the privacy of information about a patient’s health or healthcare,” officials wrote.According to Kristen, she was barred from seeing her husband due to coronavirus red tape, dead or alive, during his stay at the hospital. Since Wednesday, however, she was permitted to spend a half hour a day with him.He was transferred to the VA hospital Sunday night at a request by Congressman Neal Dunn (R-Panama City). Chapman served as a medic in the Army.“It’s such a heartbreaking story for a young family, young guy,” Dunn said in an interview Monday, noting that kind of “confusion and miscommunication” doesn’t happen a lot in the medical industry. “I was pleased to help the family get him to a center where they’re comfortable. He’s certainly going to get the help he needs.”The new medical environment has given Chapman’s family time and confidence to focus on his recovery.last_img read more

Hodgson salutes 100-cap England hero Rooney

first_imgEngland manager Roy Hodgson lauded Wayne Rooney after the captain marked his 100th Three Lions appearance with a crucial goal to inspire the side to a laboured victory over Slovenia.After Jordan Henderson gave the visitors a shock second-half lead at Wembley, the Manchester United forward sparked the comeback with the equaliser from the penalty spot, before Danny Welbeck struck twice to seal a 3-1 triumph.It was a fourth straight Euro 2016 qualifying win for England, who now sit six points clear at the top of Group E, and Hodgson hailed the skipper’s impact.“It was a wonderful evening for him,” said the England manager of Rooney, who received a commemorative golden cap from World Cup-winning hero Sir Bobby Charlton before kick-off.“He’s very important to me and to English football. It was fitting tonight he was able to really get his reward on the night when it’s all about him. He picks up the cap, but also scores the important first goal and leads England to victory. We’re delighted for him.”The game came to life after the break following a truly dreadful opening half, which saw neither team really come close to breaking the deadlock.But Hodgson refused to criticise his players, who travel to Scotland on Tuesday for what is sure to be a testing friendly at Celtic Park.“I thought in the first half we dominated, but it was a little bit sterile at times because we weren’t getting the penetration we were looking for and we weren’t creating the clear-cut chances,” Hodgson said.“But it would be very churlish to sit here after a 3-1 victory to start criticising the team because in the first half they didn’t reach the heights.“Our goal before this game was to go into the new year with 12 points, unbeaten.“The only disappointment I suppose is that we now can no longer boast about having a clean sheet but I suppose we still can boast that no opponent has scored against us because we put the ball in our own goal for them.”He added: “We went a goal down, I think it was very, very important to break straight back and luckily we did that with the penalty and after that I thought our play was certainly better.“I thought we created a lot more chances and in the end it turned out to be a very good victory because we’ve seen today that Slovenia have been good value for their six points and their two victories so far.“But now in the group we’ve beaten Switzerland away, we’ve beaten Slovenia at home which puts us in a good position.” 1 England captain Wayne Rooney celebrates his equaliser against Slovenia last_img read more


first_imgCountry music legend Billie Jo Spears has died being owed a large amount of money she was due to play a gig in Letterkenny.The singer was due to play at the Keltic Hooley festival at the Clanree Hotel Complex last July.Billy Jo, 73, was amongst a number of acts including Shane McGowan and the Pogues due to play At the venue after they were booked by crooked country promoter James McGarrity.However many of the acts did not know they had been booked after McGarrity had acted without permission and ut their names on the concert promotion.The Clanree Hotel Complex knew nothing about the promotion.In total Billie Jo was owed €35,000 by the promoter who has lied about his dealings with Billie Jo and other acts in recent months.Only last month Johnny McEvoy was awarded €68,000 after he was defamed McGarrity.  COUNTRY CONMAN SWINDLES DYING STAR OUT OF DONEGAL CONCERT CASH was last modified: December 19th, 2011 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:Billy Jo SpearsKELTIC HOOLEYlast_img read more