Prairie Operating Co.

Prairie Operating Co. (the Company, we, our or us ) is an independent oil and natural gas company focused on the acquisition and development of crude oil, natural gas, and NGLs. Our assets and operations are strategically located in the oil region of rural Weld County, Colorado, within the Denver Julesburg Basin in Colorado (the DJ Basin ). We believe the DJ Basin to be one of the premier resource plays in the United States ( U.S. ), as Weld County boasts some of the lowest break even prices in the U.S., and has a long production history that has proven and consistent results. The productivity of this resource is demonstrated by the integral role that Weld County holds in Colorado’s energy economy, having produced 83% of Colorado’s oil production as of December 2025. We seek to deliver energy in an environmentally efficient manner by deploying next generation technology and techniques. In addition to growing production through our drilling operations, we also seek to grow our business through accretive acquisitions focusing on assets with the following criteria: (i) producing reserves, with opportunities to add accretive, undeveloped bolt on acreage; (ii) ample, high rate of return inventory of drilling locations that can be developed with cash flow reinvestment; (iii) strong well level economics; (iv) liquids rich assets; and (v) accretive valuation.