Prairie Operating Co. - Common Stock (PROP)

HOUSTON, TX, April 02, 2025 (GLOBE NEWSWIRE) -- Prairie Operating Co. (Nasdaq: PROP) (the “Company” or “Prairie”), today announced the launch of an 11-well development program at the Rusch Pad in Weld County, Colorado. The first well was spud on April 1, 2025, utilizing Precision E-Drilling Rig 461, as part of the Company’s continued strategy to expand production and enhance operational efficiencies in the Denver-Julesburg (“DJ”) Basin.

HOUSTON, March 24, 2025 (GLOBE NEWSWIRE) -- Prairie Operating Co. (“Prairie,” the “Company,” “we,” or “our”) (Nasdaq: PROP) announced today the pricing of an underwritten public offering of $38.5 million (the “Common Stock Offering”) of shares of its common stock, par value $0.01 (“Common Stock”) at a price to the public of $4.50 per share. The underwriters have a 30-day option to purchase up to an aggregate value of $5.8 million of additional shares of Common Stock.

HOUSTON, Texas, March 11, 2025 (GLOBE NEWSWIRE) -- Prairie Operating Co. (Nasdaq: PROP) (the “Company” or “Prairie”), today announced the promotion, effective April 1st, of Gregory S. Patton to Chief Financial Officer. Mr. Patton, who joined Prairie last year as Executive Vice President of Commercial Development, brings over 15 years of industry experience with a strong background in corporate finance, accounting, and capital markets.

HOUSTON, Texas, Feb. 07, 2025 (GLOBE NEWSWIRE) -- Prairie Operating Co. (“Prairie” or the “Company”) (Nasdaq: PROP), an independent oil and gas company focused on the acquisition and development of crude oil, natural gas and natural gas liquids, announced today that it has commenced an underwritten public offering of $200 million of shares of its common stock, par value $0.01 (“common stock”). The Company expects to grant the underwriters a 30-day option to purchase up to an aggregate value of $30 million of additional shares of the Company’s common stock.

HOUSTON, TX, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Prairie Operating Co. (Nasdaq: PROP) (the “Company” or “Prairie”) today announced the expansion of its executive management team with the addition of four seasoned industry leaders. These appointments underscore Prairie’s commitment to strengthening its leadership team to drive growth, innovation, and operational excellence.

Includes Fiscal Year 2025 Adjusted EBITDA range of $100 - $140 million

HOUSTON, TX, Jan. 10, 2025 (GLOBE NEWSWIRE) -- Prairie Operating Co. (Nasdaq: PROP) (the “Company” or “Prairie”) today announced the on-time completion of its initial eight-well Shelduck South pad in the DJ Basin and is set to have production fully online in the first quarter of 2025. The Shelduck pad, together with recent Nickel Road Operating (NRO) acquisition, represents the first phase in Prairie's 2025 development program.

HOUSTON, TX, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Prairie Operating Co. (Nasdaq: PROP) (the “Company” or “Prairie”) today announced it has entered into a multi-year Reserve-Based Lending (“RBL”) credit facility. The RBL facility, arranged with Citibank, N.A. (“Citi”), provides for an initial commitment of $44 million with the ability to expand up to $1 billion following production additions.

HOUSTON, TX, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Prairie Operating Co. (Nasdaq: PROP) (the “Company” or “Prairie”) today announced it will host a conference call and simultaneous webcast to provide an update on the Company's operations and key achievements in 2024, Thursday, December 19, 2024, at 4:30 PM ET.

HOUSTON, Texas, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Prairie Operating Co. (Nasdaq: PROP) (the “Company” or “Prairie”) today announced that Richard N. Frommer, former Chief Executive Officer of Great Western Petroleum, esteemed energy industry veteran, and current Prairie Advisory Board member, has joined its Board of Directors as an independent director.

HOUSTON, TX, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Prairie Operating Co. (Nasdaq: PROP) (the “Company” or “Prairie”) today announced the signing of multiple midstream and gathering agreements with leading industry partners in the Denver-Julesburg (DJ) Basin. These strategic partnerships secure takeaway, processing, sales, and water disposal solutions across our acreage, ensuring escalating marketing and takeaway capacity for the comprehensive development of the Company’s 44,000-acre asset base.

Innovative Collaboration Aims to Set New Standards in Emissions Reduction and Efficiency

HOUSTON, Texas, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Prairie Operating Co. (Nasdaq: PROP) (the “Company” or “Prairie”) today announces that Paul L. Kessler has resigned as a member of Prairie’s Board of Directors, effective October 30, 2024. Mr. Kessler, citing time constraints posed by scheduling and professional commitments, played a key role in structuring the Company and creating value for the resulting entity.

HOUSTON, Texas, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Prairie Operating Co. (Nasdaq: PROP) (the “Company” or “Prairie”) today announced the closing of its previously announced $84.5 million acquisition of the oil-weighted assets of Nickel Road Operating, LLC ("NRO"), a portfolio company of Vortus Investment Advisors, LLC. The NRO acquisition was funded with the proceeds from a private placement of Common Stock, an Equity Facility, and cash on hand. 

HOUSTON, TX, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Prairie Operating Co. (Nasdaq: PROP) (the “Company” or “Prairie”) today announced the spud of Shelduck South 8E5NCM with Precision E-Drilling Rig (“E-rig”) 461 in Weld County, Colorado. 

HOUSTON, Texas, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Prairie Operating Co. (Nasdaq: PROP) (the “Company” or “Prairie”) today announced that Watermill Capital Partners and its affiliates exercised Series E B Warrants (the “Warrants”) to purchase 4,000,000 shares of common stock of the Company, generating $24 million in proceeds.

HOUSTON, Texas, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Prairie Operating Co. (Nasdaq: PROP) (the “Company” or “Prairie”) today announced that it submitted the application for its second Oil and Gas Development Plan (OGDP), the Genesis II OGDP, with the Colorado Energy and Carbon Management Commission (CECMC), and subsequently received approval from the CECMC for the first twenty wellbores within the Genesis I OGDP.

HOUSTON, Texas, July 09, 2024 (GLOBE NEWSWIRE) -- Prairie Operating Co. (Nasdaq: PROP) (the “Company” or “Prairie”) today announced plans to commence its initial drilling program in August 2024, starting with an 8-well pad on the recently acquired bolt-on acquisition, “Shelduck South”.

HOUSTON, TX, June 03, 2024 (GLOBE NEWSWIRE) -- Prairie Operating Co. (Nasdaq: PROP) (the “Company” or “Prairie”) is set to join the broad-market Russell 3000® Index at the conclusion of the 2024 Russell US Indexes annual reconstitution, effective at the open of US equity markets on Monday, July 1st, according to the list of additions posted Friday, May 31st.

HOUSTON, Texas, March 14, 2024 (GLOBE NEWSWIRE) -- Prairie Operating Co. (Nasdaq: PROP) (the “Company” or “Prairie”) today announced the Colorado Energy and Carbon Management Commission (“ECMC”) approved the Company’s Genesis I Oil & Gas Development Plan (“OGDP”).

HOUSTON, TX, March 05, 2024 (GLOBE NEWSWIRE) -- Prairie Operating Co. (Nasdaq: PROP; the “Company” or “Prairie”) today announced the Company will ring the Nasdaq Stock Market Closing Bell at the Nasdaq MarketSite in Times Square, New York on Thursday, March 7, 2024, in celebration of Prairie’s recent listing on the Nasdaq Stock Exchange.

Adds 1,280 Acre DSU and 2.6 MMBoe to Existing Denver Julesburg (“DJ”) Basin Portfolio

HOUSTON, TX, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Prairie Operating Co. (Nasdaq: PROP; the “Company” or “Prairie”) today announced that Mark Burnett, former Chairman of MGM Worldwide Television Group, has joined its Advisory Board.

Transaction Expected to be Immediately Accretive to Key Financial Metrics Adds 3,370 Boepd, Proven PV10 of over $250MM, and 62 Permitted PUDs to Existing Denver Julesburg (“DJ”) Basin Portfolio