Prairie Operating (PROP) said Wednesday it agreed to acquire oil and gas assets in the Denver-Julesburg Basin from Edge Energy II for $12.5 million in cash.
Prairie said the deal adds about 11,000 net acres and roughly 190 barrels of oil equivalent per day from 47 wells.
Prairie also said it will use its credit facility to fund the acquisition and begin development of the acquired assets in August.
Shares of the company were up nearly 2% in early trading Wednesday.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。