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Stock impact report

Prairie Operating Co. Completes Transformative Acquisition from Bayswater

Prairie Operating Co. (PROP) 
NASDAQ:AMEX Investor Relations: pledgepcorp.com
Company Research Source: GlobeNewswire
Expands footprint in DJ Basin to ~55,000 net acres and inventory life to ~10 years Increases average daily production by ~25,700 net BOEPD Immediately accretive and maintains strong balance sheet Houston, TX, March 26, 2025 (GLOBE NEWSWIRE) -- Prairie Operating Co. (Nasdaq: PROP) (the “Company,” “Prairie,” “we,” “our” or “us”), today announced the successful closing of its previously announced $602.75 million acquisition of certain Denver-Julesburg Basin (DJ Basin) assets (the “Bayswater Assets”) from Bayswater Exploration and Production and its affiliated entities (collectively, “Bayswater”). This acquisition further strengthens Prairie’s position as a leading operator in the DJ Basin, enhancing its production base and long-term growth potential. “This acquisition is a pivotal moment for Prairie, significantly expanding our operational footprint in the DJ Basin,” said Edward Kovalik, Chairman and CEO of Prairie. “By integrating these high-quality assets, we are materially e Show less Read more
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