Prairie Operating files audited financials for $603M Bayswater acquisition target

Prairie Operating Co.

Acquisition of Weld County, CO oil & gas properties from Bayswater for $603M, subject to adjustments; closing pending.
Target properties 2024 revenues of $443.85M, down 4.9% from $466.83M in 2023.
2024 revenues over direct opex of $358.62M, down from $381.10M in 2023.
Proved developed & undeveloped reserves as of Dec 31, 2024: 21.57M bbl oil, 15.90M bbl NGL, 95.07 Bcf gas (decreased vs 2023).

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