---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-041958"
form_type: "8-K"
ticker: "PROP"
cik: "0001162896"
company_name: "Prairie Operating Co."
filed_at: "2023-11-20T23:59:59+00:00"
generated_at: "2026-06-07T23:14:06.543840+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Prairie Operating Co. updates business, reports possible reserves of 285 Mboe with $2.36B PV-10

## Summary
- Completed merger with Prairie LLC, changed name from Creek Road Miners to Prairie Operating Co.; ticker changed to PROP on Nov 13, 2023.
- Acquired ~23,485 net mineral acres in Weld County, Colorado from Exok in May 2023; later exercised option for additional 20,328 net acres.
- Submitted permit application for Genesis OGDP (72 wells, 2 pads) in Weld County, CO on Sep 18, 2023; drilling targeted Q1 2024.
- Received $12M from exercise of Series D B Warrants by O'Neill Trust at $6.00/share on Nov 13, 2023; proceeds for working capital.
- Possible reserves estimated at 285,306 Mboe with PV-10 of $2.36B as of Aug 1, 2023 per independent report.

## SEC filing metadata
- accession: 0001493152-23-041958
- form_type: 8-K
- ticker: PROP
- cik: 0001162896
- company_name: Prairie Operating Co.
- filed_at: 2023-11-20T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1162896/000149315223041958/0001493152-23-041958-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1162896/000149315223041958/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-041958
- JSON: https://secwatch.observer/filing/0001493152-23-041958.json
- Plain text: https://secwatch.observer/filing/0001493152-23-041958.txt

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