Prairie Operating updates business disclosures; possible reserves PV-10 of $2.36B; drilling expected Q1 2024

Prairie Operating Co.

Merger with Prairie LLC closed May 3, 2023; name changed from Creek Road Miners; ticker to become PROP on Nov 14, 2023.
Acquired ~23,485 net mineral acres in Weld County, CO; paid $18M cash + equity for additional ~20,328 net acres from Exok.
Independent reserve report as of Aug 1, 2023: possible reserves 285,306 MBoe, PV-10 $2.36B; no current production or revenue.
Submitted permit application for Genesis OGDP (72 wells, 2 pads) in Sept 2023; expects drilling to start Q1 2024 subject to permits and financing.
Reverse stock split 1:28.5714286 effected Oct 16, 2023; post-split shares and conversion rates adjusted.

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