Prairie Operating Co. - CRKR STOCK NEWS

Creek Road Miners, Inc. (OTCQB: CRKR) has signed a non-binding term sheet to merge with Prairie Operating Co., LLC. The merger aims to enhance Creek's business by acquiring over 23,000 net mineral acres in the DJ Basin, focusing on oil and gas production. Following the merger, Creek will relocate its headquarters to Houston, TX, and become debt-free. The company plans to streamline its capital structure and intends to rebrand as Prairie. Leadership from both companies boasts over 100 years of experience in energy production.

Creek Road Miners, Inc. (OTCQB:CRKR) announces the operational launch of its first production facility in Meeker, Colorado, equipped with 240 Bitmain Antminers capable of producing 24 petahashes per second (PH/s) at a cost of $0.0455/kWh. The Company plans to open a second facility in Rangely, Colorado, housing 270 Antminers for an estimated 27 PH/s, effectively doubling its hashing power. This strategic expansion aims to leverage stranded natural gas for economically viable mining operations, enhancing profitability and operational efficiency.

Creek Road Miners, Inc. (OTCQB:CRKR) has announced the establishment of its first production facility in Meeker, Colorado, featuring 240 Bitmain Antminer units expected to generate approximately 24 petahashes per second (PH/s) at a cost of about $.0455/kWh for electricity. The facility is anticipated to be operational within ten days, followed by additional facilities in Wyoming and North Dakota. The company utilizes stranded natural gas for its operations, presenting a cost-effective solution amidst rising energy prices.

Creek Road Miners, Inc. (OTCQB:CRKR) updates shareholders on recent developments and future plans. The company appointed John D. Maatta as Co-CEO alongside Scott D. Kaufman to streamline operations and growth strategies. Creek Road executed a Memorandum of Understanding to acquire energy assets from Highwire Energy Partners in Wyoming, South Dakota, and North Dakota, enhancing its energy sourcing for cryptocurrency mining. Despite recent stock price fluctuations, the company believes it is on a path for sustained growth, leveraging fixed-cost energy to boost profitability.

Creek Road Miners (OTCQB:CRKR) has entered into an agreement with Highwire Energy Partners to acquire energy assets in South Dakota, North Dakota, and Wyoming. This strategic acquisition aims to enhance the company’s cryptocurrency mining operations through vertical integration and geographic diversification. The acquired assets include natural gas production and fixed-price electricity generation, positioning Creek Road Miners to control energy costs amid market volatility. The company is transitioning its Louisiana operations to leverage these new energy sources.

Creek Road Miners, Inc. (OTCQB: CRKR) announces CEO Scott D. Kaufman will attend the NAPE Summit from February 8-11, 2022, in Houston, Texas. This event is crucial for the Company's goal of acquiring energy-producing assets to enhance its cryptocurrency mining operations. The NAPE Summit, organized by NAPE Expo LP, facilitates significant energy transactions, offering Creek Road Miners a valuable platform to connect with industry leaders. Kaufman emphasizes the Company's Five Cornerstone Strategy to drive further growth.

Creek Road Miners, Inc. (OTCQB:CRKR) has secured 600 ANTMINER S19 XP cryptocurrency miners from Bitmain Technologies. The S19 XP features a hash rate of 140 Th/s and a power efficiency of 21.5 j/Th, consuming 3010W of power. This acquisition aligns with the company's Five Cornerstone Strategy for operational scaling. CEO Scott D. Kaufman emphasized the importance of Bitmain’s support in achieving strategic growth. Creek Road Miners focuses on leveraging mobile power generation and mining facilities to utilize stranded natural gas for revenue generation.

Creek Road Miners (OTCQB:CRKR) announces a significant expansion in cryptocurrency mining capabilities, expecting delivery of a new Modular Data Center and additional miners. The company has ordered 270 S19j Pros (100Th/s) and 270 S19s (90Th/s), and is in talks for 540 S19 XPs (140Th). This expansion could lead to a nearly 500% increase in hashing power within months, aiming to add over 125 Ph/s to existing operations. The focus is on scaling mining operations and acquiring energy assets to improve revenue streams.

Creek Road Miners, Inc. (OTCQB: CRKR) plans to uplist from OTC to NYSE American to enhance growth. The CEO, Scott D. Kaufman, highlights this move supports their strategy to acquire traditional energy assets for cryptocurrency mining operations. While this uplisting could significantly boost visibility and credibility, it is contingent upon meeting exchange requirements and receiving approval. There are no guarantees on the outcome of this application, emphasizing the inherent uncertainties in such strategic transitions.