Prairie Operating (PROP) Launches Development Program

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Go back to Prairie Operating (PROP) Launches Development Program

Prairie Operating Co. Announces the Launch of Its Development Program

July 9, 2024 7:30 AM EDT

HOUSTON, Texas, July 09, 2024 (GLOBE NEWSWIRE) -- Prairie Operating Co. (Nasdaq: PROP) (the Company or Prairie) today announced plans to commence its initial drilling program in August 2024, starting with an 8-well pad on the recently acquired bolt-on acquisition, Shelduck South.

The Shelduck South development will consist of eight two-mile lateral wells across 1,280 mineral acres, targeting the Niobrara B and C formations. The Company has contracted a drilling rig from Precision Drilling and secured various oil field service providers to perform all drilling and completion operations. The Precision drilling rig is... More