Core Insights - Prairie Operating Co. has successfully completed its initial eight-well Shelduck South pad in the DJ Basin on time, with production expected to be fully online in the first quarter of 2025 [1][2] - The completion of the Shelduck pad marks a significant advancement in the company's growth strategy, alongside the recent acquisition of Nickel Road Operating (NRO) [2] - Prairie is committed to sustainable and efficient operations, utilizing advanced electrified drilling and completion technologies in its developments [2] Company Overview - Prairie Operating Co. is an independent energy company based in Houston, focused on the development and acquisition of oil and natural gas resources in the United States, particularly in the DJ Basin [3] - The company's operations are concentrated in oil and liquids-rich regions, with a primary focus on the Niobrara and Codell formations [3] - Prairie aims to maximize returns through consistent growth, capital discipline, and sustainable cash flow generation [3] Future Developments - Following the completion of the Shelduck South pad, Prairie will shift its focus to the recently acquired NRO acreage and the development of additional pads, including Noble, Rusch, and Genesis [2] - These future projects are expected to build on the momentum established at Shelduck South, further expanding Prairie's production footprint in the DJ Basin [2]
Prairie Operating Co. Completes Shelduck South Pad, Prepares for New Developments