Past year: ▼ 80%(40.6c – 2.05 USD)
Each one in plain English, with the numbers worked through for a shareholder.
16 June 2023quarterly activities report▼ Bad
Prairie Operating Co. filed its quarterly report for the three months ended March 31, 2023. It disclosed May 2023 subsequent events, including the Exok merger, Series D preferred stock and the debenture exchange.
16 June 2023substantial holder notice● Neutral
Bristol Investment Fund, Ltd, Bristol Capital, LLC reported a Prairie Operating Co. shareholding of 17,500,522 shares (10.50% of votes) in a periodic institutional filing.
1 June 2023quarterly activities report▼ Bad
Prairie Operating Co. filed its quarterly report for the three months ended March 31, 2023. It also disclosed May 2023 subsequent events, including the Exok merger, Series D preferred stock and the exchange of its original debentures.
1 June 2023auditor change▼ Bad
Auditor MaughanSullivan resigned shortly after the Prairie merger closed; its most recent report had flagged substantial doubt about the company's ability to continue as a going concern for fiscal 2022 (the pre-merger crypto-mining entity).
17 May 2023director interest notice● Neutral
Erik Thoresen became a Prairie Operating Co. director and company insider (initial ownership filing).
17 May 2023director interest notice● Neutral
Jonathan H. Gray became a Prairie Operating Co. director and company insider (initial ownership filing).
15 May 2023substantial holder notice● Neutral
Edward Kovalik, Gary C. Hanna disclosed a new substantial Prairie Operating Co. shareholding (39.12% of votes).
15 May 2023quarterly activities report▼ Bad
Prairie Operating Co. (then Creek Road Miners) filed its quarterly report for the three months ended March 31, 2023, covering its pre-merger crypto-mining and e-commerce businesses. It also noted the May 3, 2023 merger and related financing as subsequent events.
10 May 2023substantial holder notice● Neutral
Bristol Investment Fund, Ltd. reported owning 17,500,522 Prairie Operating Co. shares, about 10.5% of the 166,886,084 outstanding, in a Schedule 13D amendment after the May 2023 merger. Bristol Capital, LLC reported a further 10,940,890 shares (6.6%).
9 May 2023director interest notice● Neutral
Prairie Operating Co. director Paul L. Kessler acquired 40,159,316 shares and disposed of 124,236 in a set of related equity transactions.
9 May 2023business combination▲ GoodMajor
On May 3, 2023 the Prairie merger and the $3 million Exok purchase of undeveloped Weld County, Colorado leases closed, and the company was renamed Prairie Operating Co. It also raised $17.3 million in the PIPE, converted its preferred stock, and exchanged its debentures for $1 million of amended debentures, shares and Series D preferred.
5 May 2023director interest notice● Neutral
Stephen Lee became a Prairie Operating Co. director and company insider (initial ownership filing).
5 May 2023director interest notice● Neutral
Prairie Operating Co. director Michael Martin Breen received 286,071 shares as an equity award and bought 916,112 shares on the open market.
5 May 2023director interest notice● Neutral
Gary C Hanna became a Prairie Operating Co. President and company insider (initial ownership filing).
5 May 2023director interest notice● Neutral
Edward Kovalik became a Prairie Operating Co. Chief Executive Officer and company insider (initial ownership filing).
5 May 2023director interest notice● Neutral
Bryan Freeman became a Prairie Operating Co. Exec VP of Operations and company insider (initial ownership filing).
5 May 2023director interest notice● Neutral
Prairie Operating Co. President Gary C Hanna received 32,823,838 shares as part of the equity award.
5 May 2023director interest notice● Neutral
Prairie Operating Co. Chief Executive Officer Kovalik Edward received 32,823,838 shares as part of the equity award.
5 May 2023director interest notice● Neutral
Gizman I Abbas became a Prairie Operating Co. director and company insider (initial ownership filing).
5 May 2023director interest notice● Neutral
Prairie Operating Co. CEO and Interim CFO John D Maatta acquired 9,083,284 shares and disposed of 124,236 in a set of related equity transactions.
5 May 2023director interest notice● Neutral
Jeremy Landon Ham became a Prairie Operating Co. Chief Commercial Officer and company insider (initial ownership filing).
5 May 2023director interest notice● Neutral
Owen Robert Craig became a Prairie Operating Co. Chief Financial Officer and company insider (initial ownership filing).
4 May 2023business combination● NeutralMajor
The Prairie merger agreement was amended: the planned reverse stock split was dropped, and the outside termination date was pushed to September 30, 2023, alongside updated terms for the Exok asset deal and the PIPE financing.
6 Mar 2023material agreement● Neutral
While the Prairie merger was still pending, the company (still doing crypto mining) signed a two-year hosting agreement with Atlas Power Hosting for its Bitcoin miners in North Dakota.
14 Feb 2023substantial holder notice● Neutral
Bristol Investment Fund, Ltd, Bristol Capital, LLC, Paul Kessler, Bristol Capital Advisors Profit Sharing Plan reported a Prairie Operating Co. shareholding of 2,589,990 shares (21.10% of votes) in a periodic institutional filing.
24 Jan 2023substantial holder notice● Neutral
Alpha Capital Anstalt reported a Prairie Operating Co. shareholding of 612,574 shares (4.99% of votes) in a periodic institutional filing.
14 Nov 2022quarterly activities report▼ Bad
Prairie Operating Co. reported quarterly revenue of $8 thousand and a net loss of $277 thousand for the period ended 2022-09-30.
25 Oct 2022business combination▲ GoodMajor
Creek Road agreed to merge with Prairie Operating Co., LLC, a Delaware oil and gas company, planning to convert all its preferred stock and debentures into common shares, reverse split, rename itself "Prairie Operating Co.," and raise a $30 million PIPE -- contingent on closing a separate deal to buy Weld County, Colorado (DJ Basin) oil and gas assets from Exok, Inc. This is the transaction that created today's Prairie Operating Co.
19 Sept 2022debt financing▼ BadMajor
Barlock Capital Management -- co-managed by the company's own recently-resigned former Co-CEO, Scott Kaufman -- declared a default on a $2.5 million secured debenture and demanded $5 million, alleging Kaufman's resignation and the Alpha settlement triggered default. The company rejected the claim and accused Kaufman of fraud, self-dealing and breach of fiduciary duty -- an open, contentious governance dispute right before the pending merger.
15 Sept 2022debt financing● NeutralMajor
Creek Road Miners formalized a $500,000 loan it had already received from Leviston Resources into a convertible note tied to the pending Prairie Operating merger -- bridge financing to get the company to the closing.
