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Market Updates for Active Energy Companies: New Colombia Resources, Peabody Energy, Walter Energy, Chesapeake Energy and

 Market Updates for Active Energy Companies: New Colombia Resources, Peabody
      Energy, Walter Energy, Chesapeake Energy and Westport Innovations

  PR Newswire

  CORAL SPRINGS, Florida, April 19, 2013

CORAL SPRINGS, Florida, April 19, 2013 /PRNewswire/ --

FinancialNewsMedia.com issues market news report for today's Active
Energy/Mining Companies: New Colombia Resources, Inc.(OTCQB: NEWC), Peabody
Energy Corp. (NYSE: BTU), Walter Energy, Inc. (NYSE: WLT), Chesapeake Energy
Corporation (NYSE: CHK) and Westport Innovations Inc. (NASDAQ: WPRT)

New Colombia Resources, Inc. (OTCQB: NEWC) recently engaged SGS Colombia S.A.,
considered one of the world's leading inspection, verification, testing and
certification company for Metallurgical Testing and Failure Analysis. SGS is
to begin a N.I. 43-101 compliant drill program. The N.I. 43-101 Technical
Report is an international standard used for the public disclosure of
information relating to mineral properties; it is broadly comparable to the
Joint Ore Reserves Committee Code (JORC Code) which regulates the publication
of mineral exploration reports. At the conclusion of the program, New
Colombia will hire an international drilling company to drill the holes
according to the plan. SGS will take custody of the core samples back to their
laboratory in Barranquilla, Colombia and provide drill hole database
management services. Other services SGS will provide include a Topographic
Survey and Geological Mapping.  Once the drill holes samples have been
analyzed, a Qualified Person (QP), as defined by the National Instrument
43-101, will provide a technical report. The drill hole results will also
allow the company to complete and submit their Environmental Impact Study. "We
are aggressively moving forward to get into production as soon as possible,"
stated John Campo, President of New Colombia Resources.

Peabody Energy (NYSE: BTU) reported first quarter 2013 revenues of $1.75
billion, leading to Adjusted EBITDA of $280.1 million. Loss from Continuing
Operations totaled ($10.3 million) with Diluted and Adjusted Diluted Loss Per
Share from Continuing Operations of ($0.05). "Peabody's first quarter results
reflect the success of strong cost containment programs across the global
platform," said Peabody Energy Chairman and Chief Executive Officer Gregory H.
Boyce. "We continue to aggressively reduce costs, exercise capital
discipline, maximize cash flows and reduce debt. Within global markets, U.S.
coal demand is rebounding, Chinese and Indian coal imports are rising, and
additional production rationalization and project delays are taking place."
To read the full release and report details please go to
http://finance.yahoo.com/news/peabody-energy-announces-results-quarter-120000678.html

Walter Energy, Inc. (NYSE: WLT) News: Audley Capital Advisors LLP (including
certain related funds and investment vehicles, "Audley Capital") reiterated
the overall strength of its five highly-qualified and experienced nominees for
election to the Board of Directors of Walter Energy, Inc. ("Walter Energy" or
"the Company") at the Company's upcoming 2013 Annual Meeting of Stockholders
on April 25, 2013. Julian Treger, Managing Partner of Audley Capital Advisors,
said, "We believe that the Board has been dominated for too long by a clique
of long-time directors who have not worked in the best interest of
stockholders. At this most critical time in Walter Energy's history, we
believe that there is a substantial lack of mining and public market
experience among the current Board members. With a significant leveraged bet
on met coal price recovery, we think the Board has put the Company in an
extremely precarious position. Met coal pricing continues to be under pressure
and the Company may be forced later this year to seek working capital. Left to
what we see as the continued poor decision-making by the current Board, we
believe stockholders will pay the price."

Chesapeake Energy Corporation (NYSE: CHK) announced the expiration and final
results of its previously announced cash tender offers (collectively the
"Tender Offers" and each a "Tender Offer") for any and all of its 7.625%
Senior Notes due 2013 (the "2013 Notes") and its 6.875% Senior Notes due 2018
(the "2018 Notes" and, together with the 2013 Notes, the "Notes"). The tender
offers expired at 11:59 p.m., New York City time, on April 12, 2013 (the
"Expiration Date"). The full terms and conditions of the Tender Offers are set
forth in the Offer to Purchase and the related Letter of Transmittal, each
dated March 18, 2013. As previously announced, on April 1, 2013 Chesapeake
purchased $216,187,000 principal amount of its outstanding 2013 Notes and
$376,595,000 principal amount of its outstanding 2018 Notes validly tendered
and not validly withdrawn as of 5:00 P.M., New York City time, on March 28,
2013 (such date and time, the "Early Tender Date"). Chesapeake has received
and accepted for purchase an additional $619,000 principal amount of its
outstanding 2013 Notes and $415,000 principal amount of its outstanding 2018
Notes validly tendered subsequent to the Early Tender Date and prior to the
Expiration Date.

Westport Innovations Inc. (NASDAQ: WPRT), the global leader in natural gas
engines, announced recently that shareholders have approved all resolutions
presented at its Annual and Special Meeting held on April 11, 2013 , including
the election of directors of Westport for the next year; the amendment of the
Corporation's Omnibus Incentive Plan; and the appointment of auditors for
Westport for the next year and the authorization of the directors to fix their
remuneration. The returning board members re-elected are Warren J. Baker
(86.76% in favour), John A. Beaulieu (97.81% in favour), M.A. (Jill) Bodkin
(97.79% in favour), David R. Demers (97.95% in favour), Nancy S. Gougarty
(97.87% in favour), Philip B. Hodge (97.92% in favour), Dezsö J. Horváth
(97.85% in favour), Douglas R. King (97.88% in favour), and Gottfried (Guff)
Muench (97.80% in favour). Albert T. Maringer did not stand for re-election to
the Board of Directors. Mr. Maringer will join the Westport Advisory Board
effective immediately.

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