West Virginia producer Covington Coal files for bankruptcy

A small coal producer, Covington Coal Co. LLC, on Feb. 24 sought Chapter 11 protection at the U.S. Bankruptcy Court for the Southern District of West Virginia.

The company lists the Bull Creek Mine in Boone County, W.Va., as its primary business address. The company headquarters is in Cabin Creek, W.Va. The listed president and managing member is Peter Moran. Andrea Moran and Peter Moran are shown as owners of this LLC.

A listed property of the bankruptcy estate is a lease of coal reserves and an associated permit with Penn Virginia Operating Co. Various mining equipment is among the company’s assets. Creditors with unsecured claims include the usual run of mining equipment and services companies in the region, plus companies like Pritchard Mining and Raven Crest Mining.

Covington Coal, with Peter Moran listed as the controlling party, is shown with one operation in the U.S. Mine Safety and Health Administration database. The #1 strip mine in Boone County produced 23,655 tons in the first half of 2014, with no production shown for the second half of the year, with 30,531 tons of production in 2013.

About Barry Cassell 20414 Articles
Barry Cassell is Chief Analyst for GenerationHub covering coal and emission controls issues, projects and policy. He has covered the coal and power generation industry for more than 24 years, beginning in November 2011 at GenerationHub and prior to that as editor of SNL Energy’s Coal Report. He was formerly with Coal Outlook for 15 years as the publication’s editor and contributing writer, and prior to that he was editor of Coal & Synfuels Technology and associate editor of The Energy Report. He has a bachelor’s degree from Central Michigan University.