Prairie files NRO acquisition financials; NRO net income $40.8M in 2022 on $66.1M revenue

Prairie Operating Co.

NRO audited 2022 net income $40.8M, oil and gas sales $66.1M (up 52% YoY from $43.5M).
NRO sold DJ Basin properties in June 2022 for $58.7M, recording a gain of $25.3M.
NRO had long-term debt of $25.0M (net) at Dec 2022; total debt rose from $20.4M in 2021.
Pro forma combined financials and reserve reports filed for the combined entity as of Feb 2024.
Amendment solely adds financial statements and exhibits; original asset purchase terms unchanged.

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