Prairie Operating is trading at $0.39, up 7.72%, after strong first-30-day production results at its Burnett Pad.
- Announced October 28, the four-well pad averaged approximately 722 Boe/d per well, with 81% oil, during its first 30 days.
- The company said results support adding 30 proved undeveloped locations to its Genesis OGDP I reserves.
- Trading volume and activity levels are unavailable. The broader energy-sector decline is contrary to the gain, making the announcement the stronger explanation.