Prairie Operating Co. announced plans to commence its initial drilling program in August 2024, starting with an 8-well pad on the recently acquired bolt-on acquisition, ?Shelduck South?. The Shelduck South development will consist of eight two-mile lateral wells across 1,280 mineral acres, targeting the Niobrara B and C formations.

The Company has contracted a drilling rig from Precision Drilling and secured various oil field service providers to perform all drilling and completion operations. The Precision drilling rig is capable of operating on electric line power and is equipped with natural gas generators with battery assist to minimize emissions. Prairie anticipates the wells will be drilled, completed, and turned to production in Fourth Quarter 2024.