After the Recent Completions, Prairie Operating (PROP) Turns 11 Niobrara and Codell Wells to Sales

Core Insights - Prairie Operating Co. (NASDAQ:PROP) is recognized as one of the best oil and gas penny stocks to buy, highlighting its significant upside potential according to analysts [1]. Production and Operations - Prairie Operating Co. has completed nine wells from its Opal/Coalbank pad, achieving a first 30-day average production rate of 525 barrels of oil equivalent per day (boepd) [2]. - The company is advancing several projects in the Denver-Julesburg Basin, bolstered by wells acquired in the Bayswater deal [3]. - The Nobel pad is currently drilling four 2-mile U-turn wells and three 1-mile laterals, with initial output expected by Q4 2025. Additionally, 11 wells in the Niobrara and Codell zones are being turned to sales at the Rusch pad [4]. - Six 2-mile wells are scheduled for completion later this year at the Simpson pad, contributing to the company's operational progress [4]. Strategic Acquisitions - Prairie Operating Co. completed two bolt-on acquisitions last month, enhancing its oil-weighted inventory and adding 16,000 net acres to its holdings [4].