Prairie Operating Co. (OTCPK:CRKR) entered into an agreement to acquire Remaining Assets of Exok, Inc. located in Weld County, Colorado. on August 14, 2023. Prairie Operating paid $18 million in cash to Exok and issued equity consideration to certain affiliates of Exok, consisting of 19,157,123 shares of the Company?s common stock and an equal number of warrants to purchase shares of Common Stock. Following the closing, Prairie Operating will control a total of approximately 37,189 acres in Weld County, Colorado. As of September 14, 2023. Vinson & Elkins LLP acted as legal advisor to Prairie Operating Co. (OTCPK:CRKR).

Prairie Operating Co. (OTCPK:CRKR) completed the acquisition of Remaining Assets of Exok, Inc. located in Weld County, Colorado. on August 15, 2023. As per the filling of March 19, 2024, The Company paid $18.0 million in cash to Exok and issued equity consideration to certain affiliates of Exok, consisting of (i) 670,499 shares of common stock and (ii) Exok Warrants providing the right to purchase 670,499 shares of common stock at $7.43 per share.