Brief: Prairie Operating Announces Acquisition of DJ Basin Assets from Bayswater Exploration and Production for Approximately $600 Million

Prairie Operating

07/02/2025 12:53

Feb 7 (Reuters) - Prairie Operating Co  PROP.O :
    * PRAIRIE OPERATING CO. ANNOUNCES ACQUISITION OF DJ BASIN
ASSETS
FROM BAYSWATER EXPLORATION AND PRODUCTION FOR APPROXIMATELY $600
MILLION
    * PRAIRIE OPERATING CO - ACQUISITION PRICE $602.75 MILLION,
INCLUDES CASH AND 5.2 MILLION SHARES
    * PRAIRIE OPERATING CO SAYS INCREASES 2025 PRODUCTION,
REVENUE AND
ADJUSTED EBITDA GUIDANCE
    * PRAIRIE OPERATING CO - SEES 2025 AVERAGE DAILY PRODUCTION
29,000
– 31,000 BOEPD

Source text:  ID:nGNXbqksMH 
Further company coverage:  PROP.O 

 ((Reuters.Briefs@thomsonreuters.com;))