Prairie Operating Co. (the “Company” or “Prairie”) announced the on-time completion of its initial eight-well Shelduck South pad in the DJ Basin and is set to have production fully online in the first quarter of 2025. The Shelduck pad, together with recent Nickel Road Operating (NRO) acquisition, represents the first phase in Prairie's 2025 development program.
“The on-time completion of the Shelduck South pad is a testament to the hard work of our team and represents a significant step forward in our growth strategy,” said Edward Kovalik, Chairman and CEO of Prairie Operating Co. “In addition to continuing acquisitions, we are now focused on leveraging this momentum to develop our high-quality assets that position us for long-term value creation.”
The Shelduck South pad, and future developments, utilize cutting-edge, electrified drilling and completion technologies that exemplifies Prairie’s commitment to sustainable and efficient operations. With the Shelduck South development completed, Prairie is now shifting focus to the recently acquired NRO acreage and the development of the Noble, Rusch and Genesis pads. These projects will build on the momentum established at Shelduck South, further expanding Prairie’s production footprint in the DJ Basin.