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Stock impact report

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

Prairie Operating Co. (PROP) 
NASDAQ:AMEX Investor Relations: pledgepcorp.com
Company Research Source: Yahoo! Finance
Prairie Operating Co. Fri, February 7, 2025 at 12:00 PM GMT+1 10 min read In This Article PROP Prairie Operating Co. Adds ~24,000 net acres in Weld County and ~26 mboepd of oil-weighted (69% liquids) net production Adds 77.9 MMboe and ~$1.1 Billion in Proved PV-10 value Attractive valuation, highly accretive across key cash flow metrics Significantly 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 D Show less Read more
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