TCR_Public/161126.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Saturday, November 26, 2016, Vol. 20, No. 330

                            Headlines

HERCULES OFFSHORE: Reports $4.88 Million Net Loss in July
PEABODY ENERGY: Net Loss Decreases to $20.3 Million in October

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HERCULES OFFSHORE: Reports $4.88 Million Net Loss in July
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Hercules Offshore, Inc., et. al., filed with the U.S. Securities
and Exchange Commission their monthly operating report for July
2016.

The Debtors' consolidated statement of operations posted a net
loss of $4.88 million on $4.80 million total revenues for the
month.

As of July 31, 2016, the Debtors reported consolidated total assets
of $2.56 billion, consolidated total liabilities of $879.25
million, and $1.68 billion in consolidated total shareholders'
equity.

At the start of the month, the Debtors had $160.70 million cash.
They listed total cash receipts of $3.50 million and total cash
disbursements of $16.46 million.  Taking into account $4.68 million
in total internal transfer, the Debtors had $152.43 million cash at
month end.

A copy of the monthly operating report is available at the SEC at:

                      https://is.gd/n0J555

                  About Hercules Offshore, Inc.

Hercules Offshore, Inc., and its debtor and non-debtor subsidiaries
are providers of shallow-water drilling and marine services to the
oil and natural gas exploration and production industry globally.

Hercules Offshore and 13 of its subsidiaries each filed a Chapter
11 bankruptcy petition (Bankr. D. Del. Case Nos. 16-11385 to
16-11398) on June 5, 2016.  The petitions were signed by Troy L.
Carson as vice president.

The Debtors listed total assets of $1.06 billion and total debts of
$521.37 million as of March 31, 2016.

The Debtors have hired Michael S. Stamer, Esq., Philip C. Dublin,
Esq., David H. Botter, Esq., and Kevin M. Eide, Esq., at Akin Gump
Srauss Hauer & Feld LLP as general bankruptcy counsel and Robert J.
Dehney, Esq., Eric D. Schwartz, Esq., and Matthew B. Harvey, Esq.,
at Morris, Nichols, Arsht & Tunnell LLP as co-counsel.

The U.S. Bankruptcy Court issued an order appointing Judge
Christopher Sontchi as mediator to govern mediation procedures and
assist in resolving certain objections related to confirmation of
Hercules Offshore's Joint Prepackaged Chapter 11 Plan of
Reorganization.

On June 20, 2016, the U.S. Trustee for the District of Delaware
appointed three members to the Equity Committee.  The Equity
Committee is represented by Hogan McDaniel and Kasowitz, Benson,
Torres & Friedman LLP as co-counsel and Ducera Securities LLC as
financial advisors.

Kirkland & Ellis LLP and Kirkland & Ellis International LLP, White
& Case LLP and Klehr Harrison Harvey Branzburg LLP represent an ad
hoc group of certain first lien lenders party to that certain
credit agreement, dated as of Nov. 6, 2015, by and among Hercules
Offshore, Inc., as borrower, the Subsidiary Guarantors as
guarantors, the lenders party thereto, and Jefferies Finance LLC,
as administrative agent and collateral agent, as creditors and
parties-in-interest in the Debtors' Chapter 11 cases.



PEABODY ENERGY: Net Loss Decreases to $20.3 Million in October
--------------------------------------------------------------
Peabody Energy Corporation, et. al, filed with the U.S. Securities
and Exchange Commission their corporate monthly operating report
for October 2016.

The Debtors' consolidated statement of operations posted a net
loss of $20.3 million on $390.8 million total revenues in
October, as compared to $64.8 million net loss listed in
September.

As of October 31, 2016, the Debtors posted consolidated total
assets of $12.38 billion, consolidated total liabilities of $11.86
billion, and $516.0 million in consolidated total shareholders'
equity.

The Debtors listed $226.1 million in total cash receipts and $216.6
million in total cash disbursements for October.

A copy of the corporate monthly operating report is available at
the SEC at https://is.gd/xMnJ9Z

                About Peabody Energy Corporation

Headquartered in St. Louis, Missouri, Peabody Energy Corporation
claims to be the world's largest private-sector coal company.  As
of Dec. 31, 2014, the Company owned interests in 26 active coal
mining operations located in the United States (U.S.) and
Australia.  The Company has a majority interest in 25 of those
mining operations and a 50% equity interest in the Middlemount
Mine in Australia.  In addition to its mining operations, the
Company markets and brokers coal from other coal producers, both
as principal and agent, and trade coal and freight-related
contracts through trading and business offices in Australia,
China, Germany, India, Indonesia, Singapore, the United Kingdom
and the U.S.

Peabody posted a net loss of $1.988 billion for 2015, wider from
the net loss of $777 million in 2014 and the $513 million net
loss in 2013.

At Dec. 31, 2015, the Company had total assets of $11.02 billion
against $10.1 billion in total liabilities, and stockholders'
equity of $919 million.

On April 13, 2016, Peabody Energy Corp. and 153 affiliates filed
voluntary petitions for relief under Chapter 11 of the United
States Bankruptcy Code.  The 154 cases are pending joint
administration before the Honorable Judge Barry S. Schermer under
Case No. 16-42529 (Bankr. E.D. Mo.).

As of the Petition Date, PEC has approximately $4.3 billion in
outstanding secured debt obligations and $4.5 billion in
outstanding unsecured debt obligations.

The Debtors tapped Jones Day as general counsel; Armstrong,
Teasdale LLP as local counsel; Lazard Freres & Co. LLC and
investment banker Lazard PTY Limited as investment banker; FTI
Consulting, Inc., as financial advisors; and Kurtzman Carson
Consultants, LLC, as claims, ballot and noticing agent.

The Office of the U.S. Trustee on April 29, 2016, appointed seven
creditors of Peabody Energy Corp. to serve on the official
committee of unsecured creditors.  The Committee retained
Morrison & Foerster LLP as counsel, Spencer Fane LLP as local
counsel, Curtis, Mallet-Prevost, Colt & Mosle LLP as conflicts
counsel, Blackacre LLC as its independent expert, and Berkeley
Research Group, LLC, as financial advisor.


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Troubled Company Reporter is a daily newsletter co-published
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Pennsylvania, USA, and Beard Group, Inc., Washington, D.C., USA.  
Jhonas Dampog, Marites Claro, Joy Agravante, Rousel Elaine
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