Prairie Operating Co. Submits Second Oil and Gas Development Plan and Receives Approval for Initial Wellbores [Yahoo! Finance]
Prairie Operating Co. (PROP)
NASDAQ:AMEX Investor Relations:
pledgepcorp.com
Company Research
Source: Yahoo! Finance
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. The Genesis II OGDP is comprised of two well pads, developing nine square miles of subsurface minerals in rural Weld County, Colorado. The two pads, the Croissant and Red Angus, will develop up to 42 three-mile lateral wells. The Company plans to utilize a single production facility, located at the Red Angus site, for the entire development and will employ a fully electrified drill rig and production facility, with three-phase takeaway for produced oil, gas, and water. These initiatives highlight the Company's continued commitment to minimizing its development footprint while maximizing infrastructure efficiencies. Prairie anticipates the CECMC hearing for the Genesis II OGDP to occur in the first quarter 2025 and the proje
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News
- Prairie Operating Co. Spuds its First Well at Shelduck South in the DJ BasinGlobeNewswire
- Prairie Operating Co. Announces Warrant Exercise Resulting in $24 Million of ProceedsGlobeNewswire
- Prairie Operating First Half 2024 Earnings: US$1.51 loss per share (vs US$5.54 loss in 1H 2023) [Yahoo! Finance]Yahoo! Finance
- Prairie Operating Co. Submits Second Oil and Gas Development Plan and Receives Approval for Initial WellboresGlobeNewswire
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PROP
Sec Filings
- 9/18/24 - Form 4
- 9/17/24 - Form SCHEDULE
- 8/20/24 - Form 8-K
- PROP's page on the SEC website