Prairie Reports $2.4B Possible Reserves in Colorado
August 22, 2023
Prairie Operating Co. has reported a possible reserves basis of approximately 285.3 million barrels of oil equivalent (MMboe) at its non-producing position in Weld County, Colorado, citing an independent third-party evaluation.
“The reserve report reflects the quality and scale of the company’s 37,000 gross acre position”, Prairie said in a news release Monday. The report established a possible reserves basis with a PV10 value of approximately $2.4 billion, the company said.
