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Prairie Operating Co. secures strong cash flow with strategic hedging program ahead of market downturn

Oil & Gas 360º

(Oil & Gas 360) 85% of the remaining 2025 daily production locked in at $68.27/bbl bbl WTI and $4.28/MMBtu The hedges were executed following the closing of Prairies transformative acquisition of DJ Basin assets from Bayswater Exploration and Production. Key Hedging Terms: Remaining 2025 Production: $68.27/bbl

Operator 130
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Upstream M&A sails to $17 billion in 1Q25

Enverus

The private equity sponsored E&P was able to garner such a large premium for its land because high consolidation over the last few years has left few attractive private companies for the public E&Ps to target. Diamondback set a record in the Permian Basin with its acquisition of Double Eagle IV.

Upstream 162
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Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360º

.” Strategic Rationale Solidified Position Within the Large-Cap Universe: The combined company will have an enterprise value of $15 billion 1 and 370,000 boe/d 2 (63% liquids) of corporate production with significant overlap across both unconventional and conventional assets. million acres in Alberta.

Energy 130
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Zephyr Energy announces initial results from State 36-2R well evaluation Williston Project and Zephyr Hawk update

Oil & Gas 360º

In addition, the Company also provides initial results related to hydrocarbon production in the first quarter of 2025 (“Q1”)from its non-operated asset portfolio in theWilliston Basin,North DakotaandMontana,U.S.(the The resulting properties were then used to build a numerical model to generate production forecasts.

BCF 130
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Austin Chalk Makes a Comeback: EOG, SM, Magnolia Lead South Texas' Next Gas Boom

Rextag

Energy Information Administration (EIA), gas production in the Eagle Ford region is expected to rise from 6.8 Bcf/d, while oil output from the formation has increased by 26,000 barrels per day ( bbl /d). EOGs Dorado wells consistently deliver strong initial production (IP) rates, ranging from 20 to 24 MMcf /d over 24-hour tests.

Gas 52
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Upstream M&A sails to $17 billion in 1Q25

Permian Basin Oil and Gas Magazine

The private equity sponsored E&P was able to garner such a large premium for its land because high consolidation over the last few years has left few attractive private companies for the public E&Ps to target. Diamondback set a record in the Permian Basin with its acquisition of Double Eagle IV.

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Austin Chalk Makes a Comeback: EOG, SM, Magnolia Lead South Texas' Next Gas Boom

Rextag

Energy Information Administration (EIA), gas production in the Eagle Ford region is expected to rise from 6.8 Bcf/d, while oil output from the formation has increased by 26,000 barrels per day ( bbl /d). EOGs Dorado wells consistently deliver strong initial production (IP) rates, ranging from 20 to 24 MMcf /d over 24-hour tests.

Gas 40