The Genesis I OGDP encompasses 72 wells on two pads, developing 9-square miles of subsurface minerals in rural
"I would first like to thank our team at Prairie and the leadership and staff at the ECMC, we very much appreciate their supportive comments during the hearing,” stated,
In addition, Prairie has commenced work on the preparation and submission of a second Genesis OGDP (the “Genesis II OGDP”), consisting of up to 5,760 mineral acres of subsurface development, with two pad locations drilling between 42 and 54 planned wells. The Company is targeting an
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Forward-Looking Statements
The information included herein and in any oral statements made in connection herewith include “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included herein, are forward-looking statements. When used herein, including any oral statements made in connection herewith, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on the Company’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date hereof. The Company cautions you that these forward-looking statements are subject to risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. There may be additional risks not currently known by the Company or that the Company currently believes are immaterial that could cause actual results to differ from those contained in the forward-looking statements. Additional information concerning these and other factors that may impact the Company’s expectations can be found in the Company’s periodic filings with the
Investor Relations Contact:
Wobbe Ploegsma
wp@prairieopco.com
832.274.3449
Source:
2024 GlobeNewswire, Inc., source