Welcome to our dedicated page for CRKR news (Ticker: crkr), a resource for investors and traders seeking the latest updates and insights on CRKR stock.
Prairie Operating Co. (CRKR) maintains an active presence in energy markets through strategic developments in oil, gas, and natural gas liquids. This news hub provides investors and industry observers with timely updates on the company's operations in the DJ Basin, including the Niobrara and Codell formations.
Our curated collection offers essential insights into CRKR's financial announcements, asset acquisitions, and operational milestones. Users will find comprehensive coverage of earnings reports, partnership developments, and production updates that reflect the company's disciplined approach to energy asset management.
The page features verified information on drilling operations, regulatory compliance efforts, and capital allocation strategies. Regular updates ensure stakeholders stay informed about CRKR's progress in maintaining operational efficiency while navigating commodity market dynamics.
Bookmark this resource for direct access to Prairie Operating Co.'s official communications and third-party analysis. Check back frequently to monitor developments in natural gas production, resource development strategies, and other critical aspects of CRKR's energy sector activities.
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.
Creek Road Miners (OTCQB: CRKR) announced the acquisition of a second mobile data center for bitcoin mining, enhancing its capacity to 27 Petahash per second (Ph/s). This facility will increase the total mining capacity to 51 Ph/s with 520 Antminer S19j Pro miners. The company is focused on a growth strategy based on vertical, energy, geographic, cryptocurrency, and revenue diversification. Its first modular facility is operational in Louisiana, and efforts are underway to expand geographically.
Creek Road Miners (OTCQB:CRKR) has announced the acquisition of its second mobile data center, enhancing its bitcoin mining capacity to 27 Petahash per second (Ph/s). This new facility, coupled with its existing one in Louisiana, is projected to total a capacity of 51 Ph/s with 520 Antminer S19j Pro miners. The company focuses on a strategy of vertical integration, energy and geographic diversification, cryptocurrency diversification, and revenue diversification as it aims for accelerated growth in the competitive cryptocurrency market.
Creek Road Miners, Inc. (OTCQB:CRKR) has announced the successful completion and deployment of its first commercial-scale cryptocurrency mining facility. Mining at a rate of 16 Petahash per second, the company has generated its initial Bitcoin revenue. This unique mobile operation utilizes Antminer S19 Pros and is powered by a one-megawatt natural gas turbine from Capstone Green Energy Corporation (NASDAQ:CGRN). The facility's mobility allows it to capitalize on unutilized energy sources, enhancing operational flexibility.
