secwatch.observer — SEC 8-K summary
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Issuer:     Prairie Operating Co. (PROP)
CIK:        0001162896
Form:       8-K
Filed at:   2023-09-18T23:59:59+00:00
Accession:  0001493152-23-032866
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Prairie Operating submits 72-well Colorado permit; board ups LTIP shares to 35M
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- Filed initial permit with Colorado ECMC for Genesis OGDP: 72 wells on 2 pads (Burnett, Oasis) in Weld County.
- Project includes 18 three-mile laterals and 54 two-mile laterals covering 9 square miles of subsurface minerals.
- Company holds 412 qualified locations across Niobrara and Codell, with ~37,000-acre position in DJ Basin.
- Facilities will use electrified rigs and no hydrocarbon storage tanks to align with state emission reduction goals.
- Board terminated Creek Road Miners 2021 plan and amended Prairie LTIP to 35M authorized shares, effective Aug 25.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1162896/000149315223032866/0001493152-23-032866-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1162896/000149315223032866/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-032866

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