Prairie Operating Co. announced the signing of multiple midstream and gathering agreements with leading industry partners in the Denver-Julesburg (DJ) Basin. These strategic partnerships secure takeaway, processing, sales, and water disposal solutions across our acreage, ensuring escalating marketing and takeaway capacity for the comprehensive development of the Company’s 44,000-acre asset base.
“Securing these midstream agreements is a critical step in our growth strategy,” stated Edward Kovalik, Chairman and CEO of Prairie Operating Co. “These strategic partnerships allow us to efficiently manage production, transportation, and water disposal needs across our asset base while ensuring seamless takeaway capacity for our DJ Basin development.”
Through agreements with Rimrock Energy Partners LLC, NGL Energy Partners LP, and Taproot Energy Partners LLC, Prairie secures access to essential pipeline transportation and ensures long-term operational reliability. These comprehensive marketing and takeaway agreements position Prairie to realize commodity price benefits associated with high grade crude oil production while maximizing production efficiency.
In addition, these agreements encompass flexible provisions to accommodate planned future increases in production volumes, further aligning with the Company’s growth strategy and commitment to efficient field development.
