From GlobeNewswire:

Prairie Operating Co. has entered into a definitive agreement to acquire the assets of Nickel Road Operating LLC for $94.5 million. The deal is expected to be accretive to the company’s shareholders and will add over 5,500 net leasehold acres and 62 fully permitted proven undeveloped drilling locations. Prairie’s CEO Ed Kovalik stated that the acquisition increases and strengthens the company’s overall position within a top-tier U.S. shale basin and aligns with their strategy of creating value through accretive acquisitions. The transaction is expected to close in the first half of 2024. For more information, visit www.prairieopco.com.



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