On this episode, we talk with Ed Kovalik, Chairman and CEO, of Prairie Operating Co. (PROP). The conversation starts with an update on Prairie over the last few months, including its pending acquisition of Nickel Road Operating (NRO), which will put the company on the path to having 30 wells in operation by the end of 2024 and another 45 exiting 2025.
Kovalik also shares more on Prairie’s medium-to longer-term operating plan, including how the company intends to eventually reward shareholders, and why its lack of balance sheet leverage gives it an edge. Touching on several of our investment themes and models, we discuss the long-term demand opportunity with fossil fuels because of growing power demands due to AI, data centers, EVs, and EV charging, and other factors.
This conversation is provided for informational purposes only and is not an offer to sell or a solicitation of an offer to buy any securities. Tematica Research was paid $15,000 by CDMG to conduct this interview. CDMG provides marketing services to Prairie and as part of those services seeks media outlets such as this podcast to discuss the company. The information described herein is taken from sources that we believe to be reliable, but we do not guarantee the accuracy and completeness of such information. Statements made are subject to change and may change without notice. Neither the company presented, nor the sponsoring third-party has reviewed or approved the content of this podcast. Listeners who want to learn more about Prarie Operating Systems can visit its Investor Relations website.
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