{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-005286","form_type":"8-K","ticker":"PROP","cik":"0001162896","company_name":"Prairie Operating Co.","filed_at":"2025-02-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.060338+00:00","generated_at":"2026-05-27T00:50:02.435107+00:00","sec_items":["1.01","3.02","7.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Prairie Operating acquires DJ Basin assets from Bayswater for $602.75M","bullets":["Purchase price of $602.75M in cash + up to ~5.25M common shares; closing expected Feb 2025.","Adds ~24,000 net acres in Weld County, ~26 MBOEPD (69% liquids), proved PV-10 of ~$1.1B.","Credit facility borrowing base to expand to $475M at close; ~$315M drawn to fund cash portion.","Acquired properties generated $466.8M revenue and $381.1M excess over direct opex in FY 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-005286","json":"https://secwatch.observer/filing/0001493152-25-005286.json","markdown":"https://secwatch.observer/filing/0001493152-25-005286.md","text":"https://secwatch.observer/filing/0001493152-25-005286.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1162896/000149315225005286/0001493152-25-005286-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1162896/000149315225005286/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T00:50:02.435107+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"}