---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-016455"
form_type: "8-K"
ticker: "PROP"
cik: "0001162896"
company_name: "Prairie Operating Co."
filed_at: "2023-05-11T23:59:59+00:00"
generated_at: "2026-06-15T03:36:59.072978+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Prairie Operating appoints two new independent directors, expands board to seven

## Summary
- Jonathan Gray and Erik Thoresen appointed to board effective May 7, 2023, board expands to seven.
- Erik Thoresen will chair audit committee; qualifies as audit committee financial expert.
- Thoresen affiliated with BOKA Energy LP, which holds options for 800,000 shares at $0.25 subject to production hurdles.
- Gray's entity First Idea Ventures LLC invested $750,000 in the PIPE transaction closed May 3, 2023.

## SEC filing metadata
- accession: 0001493152-23-016455
- form_type: 8-K
- ticker: PROP
- cik: 0001162896
- company_name: Prairie Operating Co.
- filed_at: 2023-05-11T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1162896/000149315223016455/0001493152-23-016455-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1162896/000149315223016455/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-016455
- JSON: https://secwatch.observer/filing/0001493152-23-016455.json
- Plain text: https://secwatch.observer/filing/0001493152-23-016455.txt

## Key facts
- Executive change
  Jonathan Gray was appointed as Director at Prairie Operating Co..
  - Action: appointed
  - Role: Director
  source text: Effective as of May 7, 2023, the Board of Directors (the “ Board ”) of Prairie Operating Co. (the “ Company ”) increased to seven members and appointed Jonathan Gray and Erik Thoresen (collectively, the “ New Directors ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1162896/000149315223016455/0001493152-23-016455-index.htm
- Executive change
  Erik Thoresen was appointed as Director at Prairie Operating Co..
  - Action: appointed
  - Role: Director
  source text: Effective as of May 7, 2023, the Board of Directors (the “ Board ”) of Prairie Operating Co. (the “ Company ”) increased to seven members and appointed Jonathan Gray and Erik Thoresen (collectively, the “ New Directors ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1162896/000149315223016455/0001493152-23-016455-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
