Prairie Operating Co. Announces Closing of Two Strategic Bolt-On Acquisitions

Core Viewpoint - Prairie Operating Co. has successfully closed two bolt-on acquisitions, adding approximately 16,000 net acres and significant new inventory, which strengthens its oil-weighted asset base and aligns with its growth strategy [1][2][3]. Group 1: Acquisitions - The recent acquisitions add around 16,000 net acres and include permitted locations, sourced off-market and funded with existing working capital, expected to be immediately accretive [2]. - The acquisitions are part of the company's strategy focused on disciplined capital allocation and opportunistic consolidation [3]. Group 2: Company Overview - Prairie Operating Co. is an independent energy company based in Houston, engaged in the development and acquisition of oil, natural gas, and natural gas liquids in the Denver-Julesburg (DJ) Basin, particularly in the Niobrara and Codell formations [7][8]. - The company emphasizes responsible development and aims to maximize returns through consistent growth, capital discipline, and sustainable cash flow generation [8].