- Prairie Operating Co. (PROP, Financial) hedges 85% of its current daily production to secure favorable pricing.
- The hedging program ensures prices of $68.27/bbl WTI and $4.28/MMBtu Henry Hub for 2025 production.
- PRAIRIE advances with an 11-well project in the DJ Basin targeting the Niobrara and Codell formations.
Prairie Operating Co. (PROP) has successfully implemented a strategic hedging program that covers 85% of its current daily production in the Denver-Julesburg (DJ) Basin. This initiative was launched following the acquisition of DJ Basin assets from Bayswater Exploration and Production. The program locks in pricing at $68.27 per barrel for West Texas Intermediate (WTI) and $4.28 per MMBtu at the Henry Hub for the remainder of 2025 production.
For the period from 2026 to the first quarter of 2028, Prairie Operating has secured prices of $64.29 per barrel WTI and $4.09 per MMBtu Henry Hub. This hedging strategy aims to protect cash flows, reduce risk, and support the company’s growth strategy while maintaining capital discipline.
PRAIRIE is also moving forward with its development plans, including an 11-well Rusch Pad project. This project targets the Niobrara and Codell formations, reinforcing the company’s commitment to capital discipline and long-term value creation.
