Board Highlights
JAN U ARY
The Regular Meeting of the Board of Directors of
Powder River Energy Corporation was called to order at
9:30 a.m. on Tuesday, January 20, 2015, in Sundance by
President Walt Christensen. All members were present
except for Mike Lohse and Tom Davis.
Financials
System sales for November 2014 are up 0.3%
compared to November 2013. Chief Finance and
Administration Officer Curtis Mock gave an update
on revenues, expenses, and cost of purchased power.
Financial Analyst Libby Opstedahl reported on financing options.
Safety
The safety minutes for the December 2014 safety
meetings were accepted.
Board Highlights
CEO Report
CEO Mike Easley provided updates on legislative activities and meetings with Wyoming State officials, and
discussions with officials at Basin Electric.
CEO Easley reported on ITC legislation.
Legal Report
Attorney Mark Hughes reported on legal issues relevant to PRECorp.
Executive Staff Reports
CIO Wilson gave a year-end review of the Balanced
Scorecard, and board meeting technology.
VP of Engineering Matt Davis provided information
on proposed projects to upgrade facilities.
General Information
PRECorp member John Flocchini of Wright made
comments to the board regarding the Osage-Teckla
transmission line for Black Hills Power.
Board members reviewed the process of cooperative
outreach and good faith negotiations with Montana cooperatives for long-term power sales agreements.
Board members and staff thanked PRECorp retiree
Dolly Schloredt for her work and dedication to the cooperative.
Approved initiation of the following projects:
• Mona to Colony 1PH Rebuild Part 2
• Hauber Rebuild Phase 2
• High Country Cable Replacement
• Throne Tie Line
• Gorman Subdivision URD Feed Replacement
Photo by Tim Velder/PRECorp
Wyoming District 32 Rep. Norine Kasperik, center, discusses issues
at the 2015 State Legislature during the annual Gillette Chamber
Eggs & Issues breakfast in January. PRECorp employees and directors attended as sponsors of the event.
SUNDANCE – CORPORATE HEADQUARTERS
221 Main Street • P.O. Box 930 • Sundance, WY 82729
(800) 442-3630 Phone • (307) 283-3527 Fax
2 0 1 5
GILLETTE
200 S. Garner Lake Road • Gillette, WY 82718
(800) 442-3630 Phone • (307) 682-0733 Fax
Approved Items
• Letter of support to the Wyoming
PSC from the CUS owners for the TecklaOsage-Lange 230 kV Transmission Line.
• Aladdin 69 kV Transmission Line
Project.
Guests to the Meeting:
PRECorp employees Libby Opstedahl, Tim Velder, and John Tieman; Terry
Frost and Mike Vlastelic of Fergus Electric, Tary Hanson and Dee Dee Isaacs of
Tongue River Electric; PRECorp retiree
Dolly Schloredt.
The next meeting will be held at 9:30
a.m. Tuesday, February 17, in Gillette.
SHERIDAN
1095 E. Brundage Lane • Sheridan, WY 82801
(800) 442-3630 Phone • (307) 674-9018 Fax
www.precorp.coop
Powder River Energy Corporation is an equal opportunity provider and employer.