Prairie Operating Co.
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- Prairie Operating Co. (Nasdaq: PROP) is a Houston-based independent energy company engaged in the acquisition, development, and production of crude oil, natural gas, and natural gas liquids (NGLs) primarily in the oil- and liquids-rich Denver-Julesburg (DJ) Basin in Colorado, with a focus on the Niobrara and Codell formations. The company holds approximately 60,000 net acres in the DJ Basin following recent expansions; it operates 19 employees and emphasizes responsible development, capital discipline, sustainable cash flow generation, and environmentally responsible execution to meet growing energy demands. Founded in 2001 and headquartered at 55 Waugh Drive, Suite 400, Houston, Texas, Prairie targets unconventional reservoirs through exploration and production activities, including drilled but uncompleted (DUC) wells and permitted drilling locations. Core operations encompass the exploration, development, and production of oil, natural gas, and NGLs from leasehold interests in the DJ Basin; management of producing assets with high working interests; integration of acquired inventory for immediate production and long-term growth; and execution of drilling programs such as the Opal/Coalbank pad, which delivered average initial production rates exceeding 525 barrels of oil equivalent per day (boepd) over the first 30 days across nine wells. Recent strategic developments include the August 2025 closing of two off-market bolt-on acquisitions adding approximately 16,000 net acres, significant new inventory, and permitted locations funded by existing working capital and expected to be immediately accretive; the July 2025 acquisition of approximately 11,000 net acres from Edge Energy II LLC for $12.5 million in cash via credit facility, expanding the DJ Basin footprint non-dilutively with immediate cash flow and development commencing on the Simpson pad; and ongoing 2025 drilling schedules targeting 41 wells turned in line, underscoring disciplined capital allocation and opportunistic consolidation.
Prairie Operating Co. Appoints Gregory S. Patton Chief Executive Officer and Director and Michael J.
Water Tower Research Publishes Initiation of Coverage Report on Prairie Operating Company, “Series F Resolution Could Return Focus to DJ Basin Growth Platform”
Prairie Operating Co. Reaffirms $475 Million Credit Facility and Advances Series F Preferred Refinancing Initiatives
Prairie Operating Co. to Participate in the 26th Annual Louisiana Energy Conference (LEC)
EnerCom Announces Premier Networking Events for the 31st Annual Energy Investment Conference, Including Monday Charity Golf Tournament, Monday VIP Welcome Mixer, and Tuesday Casino Night
Prairie Operating Co. (PROP) Q1 2026 Earnings Call Transcript
Prairie Operating Co. (PROP) Reports Q1 Loss, Lags Revenue Estimates
Prairie Operating Co. Announces First Quarter 2026 Results and Reaffirms 2026 Guidance
Can Prairie Operating Deliver an Earnings Beat This Quarter?
Prairie Operating Co. Announces First Quarter 2026 Earnings Release Date and Conference Call
SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of Prairie Operating Co. (NASDAQ: PROP)
Prairie Operating Co. Announces Board of Director Resignation
Prairie Operating: Reported A Loss For The Fiscal Year, Avoid
Prairie Operating Co. Announces Agreement with Series F Convertible Preferred Holder
Prairie Operating Co. Announces Agreement to Further Extend Series F Anniversary Warrant Issuance Date
Prairie Operating Co. Announces Year End 2025 Results
Prairie Operating Co. Updates Year-End 2025 Earnings Release Date and Conference Call
Prairie Operating Co. Announces Agreement to Extend Series F Anniversary Warrant Issuance Date
Prairie Operating Co. to Participate in the 38th Annual ROTH Conference
Prairie Operating Co. Announces Fourth Quarter & Year-End 2025 Earnings Release Date and Conference Call