{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-004931","form_type":"8-K","ticker":"PROP","cik":"0001162896","company_name":"Prairie Operating Co.","filed_at":"2024-02-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.534701+00:00","generated_at":"2026-06-06T08:58:55.677101+00:00","sec_items":["7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Prairie Operating acquires DJ Basin leases: 2.6 MMboe reserves, $40M PV10 for $900k","bullets":["Acquired 1,280-acre drillable spacing unit and 8 fully permitted PUDs in Weld County, CO for $900,000.","Adds 2.6 MMboe in proved reserves with ~$40M PV10 per CG&A report (SEC pricing as of Dec 31, 2023).","Pro forma permitted drilling inventory expands to 70 wells after closing of Nickel Road Operating acquisition (expected H1 2024).","PUDs are liquids-rich: 75% oil / 85% liquids, offset Niobrara developments near existing midstream.","CEO Ed Kovalik cites 'disciplined and opportunistic growth' as acquisition creates immediate value."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-004931","json":"https://secwatch.observer/filing/0001493152-24-004931.json","markdown":"https://secwatch.observer/filing/0001493152-24-004931.md","text":"https://secwatch.observer/filing/0001493152-24-004931.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1162896/000149315224004931/0001493152-24-004931-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1162896/000149315224004931/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T08:58:55.677101+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}