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0.0208816705336427 0.0208816705336427 0.0220417633410672 0.0220417633410672 0.0208816705336427 0.00928074245939676 -0.0719257540603249 -0.105568445475638
Stock impact report

Prairie Operating Co. Announces Acquisition of DJ Basin Assets from Bayswater Exploration and Production for Approximately $600 Million

Prairie Operating Co. (PROP) 
NASDAQ:AMEX Investor Relations: pledgepcorp.com
Company Research Source: GlobeNewswire
Adds ~24,000 net acres in Weld County and ~26 mboepd of oil-weighted (69% liquids) net productionAdds 77.9 MMboe and ~$1.1 Billion in Proved PV-10 value(1)(2)Attractive valuation, highly accretive across key cash flow metricsSignificantly increases 2025 production, revenue and adjusted EBITDA guidance HOUSTON, Feb. 07, 2025 (GLOBE NEWSWIRE) -- Prairie Operating Co. (Nasdaq: PROP) (the “Company,” “Prairie,” “we,” “our” or “us”), today announced it has entered into a definitive purchase and sale agreement to acquire (the “Bayswater Acquisition”) certain assets (the “Bayswater Assets”) from Bayswater Exploration and Production and certain of its affiliated entities (collectively “Bayswater”), a premier operator in the Denver-Julesburg Basin (the “DJ Basin”).   The transaction will significantly increase the Company’s operational scale and footprint in the DJ Basin and add highly economic drilling locations. The purchase price of the acquisition is $602.75 million. The transaction con Show less Read more
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