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In the months before its bankruptcy its financial situation worsened due to the decline in coal consumption at power generation facilities caused by the economic slowdown resulting from Covid-19, according to the bankruptcy declaration. In 2014, TripAdvisor users ranked White Stallion Ranch 19th in the USA for Exceptional Customer Service. In the months before its bankruptcy its financial situation worsened due to the decline in coal consumption at power generation facilities caused by the economic slowdown resulting from COVID-19, according to the bankruptcy declaration. (Bloomberg) — Lighthouse Resources Inc., a coal company with mines in Wyoming and Montana, and White Stallion Energy LLC, a miner that operates in Indiana and Illinois, both filed for bankruptcy after the Covid-19 pandemic dropped coal prices. Reconnect with nature, family, friends, and serenity. Other American coal companies have … The case is Lighthouse Resources Inc., 20-13056, in U.S. Bankruptcy Court in the District of Delaware. American. Evansville Courier & Press. White Stallion Ranch: Fabulous Time - See 918 traveler reviews, 1,106 candid photos, and great deals for White Stallion Ranch at Tripadvisor. Animal Stock Footage Video © 2020 Financial Post, a division of Postmedia Network Inc. All rights reserved. View deals for White Stallion Ranch, including fully refundable rates with free cancellation. Lighthouse Resources Inc., a coal company with mines in Wyoming and Montana, and White Stallion Energy LLC, a miner that operates in Indiana and Illinois, both filed for bankruptcy after the COVID-19 pandemic dropped coal prices. In the months before its bankruptcy its financial situation worsened due to the decline in coal consumption at power generation facilities caused by the economic slowdown resulting from Covid-19, according to the bankruptcy declaration. White Stallion suffered a net loss of about $30 million in 2019. 2020 has been demanding and … Keep discussions on topic, avoid personal attacks and threats of any kind. Coal producer White Stallion Energy hit Chapter 11 in Delaware with plans for a sale to its creditors, citing a debt load over $100 million, COVID-19 and diminished demand for coal energy. White Stallion suffered a net loss of about $30 million in 2019. Lighthouse has debt of about $456 million, according to its declaration. The Courier & Press reports the company owns six mines. White Stallion, which is majority owned by American Patriot Energy LLC, listed about $104 million of debt, according to its declaration. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc. Lighthouse Resources Inc., a coal company with mines in Wyoming and Montana, and White Stallion Energy LLC, a miner that operates in Indiana and Illinois, both filed for bankruptcy after the pandemic dropped coal prices. The company expects that all its mines will remain idled during the bankruptcy process. We encountered an issue signing you up. If you judge White Stallion Energy by … We know this is a very difficult time for everyone worldwide, and we hope that you and your family are safe and healthy. That’s been true all over the world, and in the U.S., coal power plants have been the first place that utilities have cut back when they need less electricity. The ranch has a year-round outdoor pool and children's playground. Other American coal companies have shared similar concerns about the impact caused by COVID-19 on the industry. There was an error, please provide a valid email address. The county has now seen 10,956 cases since the first emerged on March 19. Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. By continuing to use our site, you agree to our Terms of Service and Privacy Policy. If you don't see it please check your junk folder. The case is Lighthouse Resources Inc., 20-13056, in U.S. Bankruptcy Court in the District of Delaware. Unauthorized distribution, transmission or republication strictly prohibited. White Stallion Ranch is nationally recognized for its exemplary service, the recipient of numerous awards, and has been listed prominently on many “Best Of” lists and rankings. The coal executive reportedly met … US coronavirus: US Covid-19 hospitalizations set another daunting record at 100,667 Ga. investigating man's possible steps to vote illegally in Senate runoff White Stallion Energy files for bankruptcy In the 1930s, chickens and turkeys were added and the ranch developed quite a … Post. White Stallion Ranch was originally built in the 1900s and like most guest ranches, began as a cattle ranch. In the months before its bankruptcy its financial situation worsened due to the decline in coal consumption at power generation facilities caused by the economic slowdown resulting from Covid-19, according to the bankruptcy declaration. White Stallion gave $175,000 to Trump's inaugural committee. Vanderburgh County reported three more coronavirus-related deaths and 94 new COVID-19 cases Thursday. See what employees say about what it's like to work at White Stallion Ranch. Travellers' Choice EXCEPTIONAL HOSPITALITY AND FAMILY TRADITIONS At White Stallion Ranch, the personal attention and hospitality of a traditional dude ranch is carefully blended with the service and amenities of your favorite resort. Lighthouse’s bankruptcy was prompted by decreased prices in Asia connected to the COVID-19 global pandemic and the fact that the cost to produce coal from its Decker Mine in Montana exceeds the sale price in its contract with an electric company. Been here 5+ times. Lighthouse Resources said it had told employees of its planned layoffs. An Award-Winning Arizona Guest Ranch At White Stallion Ranch, the personal touch and hospitality of a traditional dude ranch is carefully blended with the service and amenities of a fine resort. Sunset. We ask you to keep your comments relevant and respectful. Eight people at the farm have tested positive, according to a Dec. 6 news release from Fraser Health. Salaries, reviews and more - all posted by employees working at White Stallion Ranch. Slow motion. White Stallion Energy cited the distress of the COVID-19 pandemic on the coal market as severely impacting the company. Important: This destination may have COVID-19 travel restrictions in place, including specific restrictions for lodging. Federalist's Hemmingway: Ga. Video Not Debunked... Texas AG Paxton Files Election Suit Against 4 Battleground States... Judge in Michael Flynn Case Signals He Will Ignore Trump's Pardon... Kelli Ward Files Appeal with Arizona Supreme Court Over Election Results... Cruz Offering to Argue Pa. Election Lawsuit Before US Supreme Court... Federalist's Hemmingway: Ga. Video Not Debunked, Texas AG Paxton Files Election Suit Against 4 Battleground States, Judge in Michael Flynn Case Signals He Will Ignore Trump's Pardon, Kelli Ward Files Appeal with Arizona Supreme Court Over Election Results, Cruz Offering to Argue Pa. Election Lawsuit Before US Supreme Court. Coal has been hit hard this year because of the decrease in demand for electricity to run offices, factories and stores. 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