Repeat: Prairie Operating Co. Executes Option to Acquire Remaining Exok, Inc. Assets
HOUSTON, TX, Oct. 20, 2023 (GLOBE NEWSWIRE) -- Prairie Operating Co. (OTCQB: CRKR; the “Company”), is pleased to announce the execution of its option to acquire the remaining Exok, Inc. (“Exok”) assets located in Weld County, Colorado.
- HOUSTON, TX, Oct. 20, 2023 (GLOBE NEWSWIRE) -- Prairie Operating Co. (OTCQB: CRKR; the “Company”), is pleased to announce the execution of its option to acquire the remaining Exok, Inc. (“Exok”) assets located in Weld County, Colorado.
- In conjunction with executing this option, the Company closed on a $20 million Private Investment in Public Equity (“PIPE”) offering.
- The Exok asset is offset by industry-leading operators and positioned within the core of Denver-Julesburg "DJ" Basin, a premier U.S. Shale Basin.
- The decision to exercise the option underscores the Company's continued commitment to enhancing and expanding its market presence.