Prairie Operating Co. (NASDAQ: PROP) is an independent energy company focused on the responsible development of oil and natural gas resources in the United States.
With the re-election of President Trump comes a major focus on American energy independence – and Prairie is uniquely positioned to capitalize on it.
The company currently holds roughly 44,0000 net acres in the Denver Julesburg (“DJ”) Basin of Colorado that its experienced management team is developing with next–generation technology and techniques in an environmentally efficient manner.
This promising asset base holds the potential to deliver meaningful shareholder value through continued growth, capital discipline, and sustainable cash flow generation.
And that value could materialize even quicker, thanks to the company’s recently announced $1 billion reserve-based lending facility, which provides the financial flexibility to accelerate growth via acquisitions.
With a low float and solid pipeline, a little bit of investor interest could send this soaring!
Key Level #1: $11.03 (+54.27%)
Key Level #2: $13.69 (+91.47%)
Key Level #3: $16.09 (+125.03%)
Support: $5.66
The Prairie senior management team has a long record of commitment to responsible investment and safe operations. Management has over 100 years of operational experience around the world and applies best practices from the board room to field operations.
Edward Kovalik - Chairman and Chief Executive Officer
Ed was the founder and managing member of KLR Group, a merchant bank focused on the Energy sector. KLR founded numerous oil & gas portfolio companies including River Bend, a JV in the Bakken with Blackstone/GSO. KLR also founded KLR Energy, a SPAC that acquired and built Rosehill Resources into a $750M enterprise value Permian company. In addition, KLR founded Seawolf Water Resources to provide for and dispose of water in the Permian basin, and Prairie Partners, to roll up ground leases under utility scale solar and wind farms.
Gary Hanna - President
Gary has over 40 years of public workout and start-up experience in exploration and production, having focused primarily in the Permian, Mid-Continent and the Gulf of Mexico. Gary served as the Chairman, President, and CEO of KLR Energy, having successfully acquired Tema to form Rosehill Resources, a pureplay Permian company that grew to 22,000 Boe/D of production. Before that, Gary was the Chairman, President and CEO of EPL Oil & Gas, which was sold to EXXI for $2.4B in an all-cash transaction. Prior to EPL, Gary served as the President of Maritech/SVP TTI whose market capitalization grew from $150M to $2.5B during his tenure. He served as the President and CEO of Gulfport Energy and the Chief Operating Offering of DLB Oil & Gas from its IPO through the eventual sale to Chesapeake.
Craig Owen - Executive Vice President and Chief Financial Officer
Craig was the CFO of Rosehill Resources, whose revenues grew to $302M, up 750% from the close of the acquisition by KLR Energy. Craig established and managed the company’s finance, treasury, tax, and accounting policies and processes. While at Rosehill, Craig facilitated a $340M reserve-based lending facility, a $250M second lien, and a $40M equity offering. Prior to Rosehill, Craig served as the CFO of Southwestern Energy, a NYSE company with an enterprise value of over $9B during his tenure. While at Southwestern, Craig managed a finance team of over 130 professionals. Prior to that, Craig held numerous positions with Anadarko, finally serving as its Controller, and leading a team of 300 employees. Craig began his career at PWC where he served in roles with Hilcorp Energy and Arco Pipe Line Company.
Bryan Freeman - Executive Vice President, Operations
Bryan was the SVP of Drilling and Completions at Rosehill Resources, where he managed the execution of the company’s $750M capital expenditures program over three years. Prior to that, Bryan was the Production & Operation Engineering Manager for SM Energy for the Eagle Ford and Gulf Coast region where he led an 82-person team and three frac fleets.
Before SM, Bryan served as a Senior Production Engineer at Hess, and Chevron before that. At Chevron, Bryan served as the team lead in Artificial Lift while overseeing a 300 well optimization project in the Gulf of Mexico. Bryan began his career in the service sector in roles at Schlumberger & Weatherford. He earned his engineering degree from UT, Austin, and is the author of a number of patents covering oil & gas production technologies.
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Compensation: Pursuant to an agreement between Virtus Media LLC and The Investing Authority LLC has been hired by The Investing Authority LLC for a period beginning on 2025-01-15 and ending 2025-04-15 to publicly disseminate information about NASDAQ:PROP via digital communications. The Investing Authority was compensated one hundred fifty thousand dollars USD by Prairie Operating Co. for a stock awareness campaign starting on 2025-01-15 and ending on 2025-04-15. We have been paid ninety thousand dollars USD. Virtus Media Group LLC has agreed to pay social media influencer #1 four thousand dollars USD and social media influencer #2 three thousand dollars USD and social media influencer #3 one hundred dollars USD and social media influencer #4 two thousand dollars USD and social media influencer #5 five hundred dollars USD and social media influencer #6 one hundred fifty dollars USD and social media influencer #7 one hundred fifty dollars USD and social media influencer #8 two thousand dollars USD and social media influencer #9 three hundred fifty dollars USD and social media influencer #10 five hundred dollars USD and social media influencer #11 two thousand dollars USD and social media influencer #12 five hundred dollars USD and social media influencer #13 one hundred dollars USD and social media influencer #14 two thousand dollars USD and social media influencer #15 one thousand five hundred dollars USD and social media influencer #16 one thousand two hundred fifty dollars USD and social media influencer #17 three thousand dollars USD and social media influencer #18 eight hundred dollars USD and social media influencer #19 two thousand dollars USD and social media influencer #20 five hundred dollars USD and social media influencer #21 one thousand five dollars USD and social media influencer #22 one thousand two hundred fifty dollars USD and social media influencer #23 two thousand dollars USD and social media influencer #24 three thousand dollars USD and social media influencer #25 one thousand five hundred dollars USD and social media influencer #26 three hundred fifty dollars USD.