{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-002129","form_type":"8-K","ticker":"PROP","cik":"0001162896","company_name":"Prairie Operating Co.","filed_at":"2024-01-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.534314+00:00","generated_at":"2026-06-06T23:48:14.779870+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Prairie Operating acquires Nickel Road assets for $94.5M; adds 3,370 Boepd, 62 permitted PUDs in DJ Basin","bullets":["Total consideration $94.5M ($83M cash + $11.5M deferred); effective date Feb 1, 2024.","Adds 3,370 net Boepd (84% liquids), 5,500 net acres, 62 permitted PUDs.","Proven reserves of 22.2 MMboe with PV10 of ~$254M per CG&A report.","Expected to close H1 2024; funded via stock, cash on hand, warrants.","Accretive to production, reserves, and free cash flow; break-even below $30/bbl WTI."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-002129","json":"https://secwatch.observer/filing/0001493152-24-002129.json","markdown":"https://secwatch.observer/filing/0001493152-24-002129.md","text":"https://secwatch.observer/filing/0001493152-24-002129.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1162896/000149315224002129/0001493152-24-002129-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1162896/000149315224002129/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T23:48:14.779870+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a947f1e4cf7039e46d26764ba6d54142e7873ee6","claim":"Prairie Operating Co. entered into Purchase Agreement with Nickel Road Development LLC, Nickel Road Operating LLC, Prairie Operating Co., LLC valued at $94.5 million (effective 2024-01-11).","evidence_excerpt":"On January 11, 2024, Prairie Operating Co. (the “Company”) entered into an asset purchase agreement (the “Purchase Agreement”), by and among the Company, Nickel Road Development LLC, Nickel Road Operating LLC (“NRO”) and Prairie Operating Co., LLC, to acquire the assets of NRO (the “Assets”) for total consideration of $94.5 million (the “Purchase Price”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1162896/000149315224002129/0001493152-24-002129-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Nickel Road Development LLC, Nickel Road Operating LLC, Prairie Operating Co., LLC"},{"label":"Value","value":"$94.5 million"},{"label":"Effective","value":"2024-01-11"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}