Prairie Operating(US:PROP) Newsfilterยท2025-04-10 11:00Core Viewpoint - Prairie Operating Co. has successfully implemented a strategic hedging program covering approximately 85% of its current daily production, executed before the recent decline in oil and gas prices, following the acquisition of DJ Basin assets from Bayswater Exploration and Production [1][2]. Group 1: Hedging Strategy - The hedging initiative secures strong pricing, enhances visibility, and demonstrates the company's commitment to capital discipline and long-term value creation [2]. - The hedging strategy is part of a broader growth plan, protecting cash flows, reducing risk, and positioning the company for accelerated growth while delivering long-term shareholder value [3]. Group 2: Operational Focus - Prairie is advancing development in the DJ Basin, including the recently announced 11-well Rusch Pad targeting the Niobrara and Codell formations [3]. - The company emphasizes operational execution, cost efficiency, and disciplined capital allocation, supported by a strong balance sheet and proactive risk management [3]. Group 3: Company Overview - Prairie Operating Co. is an independent energy company focused on the development and acquisition of oil and natural gas resources in the Denver-Julesburg (DJ) Basin, particularly in the Niobrara and Codell formations [4]. - The company is committed to responsible resource development and maximizing returns through consistent growth and sustainable cash flow generation [4]. Group 4: Production Pricing - Remaining 2025 production is priced at $68.27 per barrel for WTI and $4.28 per MMBtu for Henry Hub, while production from 2026 to Q1 2028 is priced at $64.29 per barrel for WTI and $4.09 per MMBtu for Henry Hub [6].