Barclays 2012 CEO Energy/Power Conference - Peabody Energy
Barclays 2012 CEO Energy/Power Conference - Peabody Energy
Barclays 2012 CEO Energy/Power Conference - Peabody Energy
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Acquisition IntegrationRemains on Track● Upgrading operationsto <strong>Peabody</strong> standards– Increasing equipmentutilization, efficienciesand prep plant yields– Significant improvement inmonthly overburden removalrates at Coppabella, Moorvale● Synergies on track: marketing, blending, logistics,operating, technical and financial areas– $60 to $80 million per year on target to begin in 2013– Total synergy NPV target of $750 million to $1 billion over time● Exploration portfolio more robust than originally expected28