Creek Road Miners, Inc. to Merge with Prairie Operating Co., LLC; Prairie to Acquire Exok’s Oil & Gas Leasehold Assets
October 26, 2022
Creek Road Miners, Inc. and Prairie Operating Co., LLC signed a merger agreement. Upon closing, the combined company will be named Prairie Operating Co. and is expected to become publicly listed on the OTCQB under “PROP,” with listing on the NYSE American Exchange intended thereafter. Separately, Prairie has also signed a purchase and sale agreement with Exok, Inc. to acquire 37,030 gross acres of undeveloped oil and gas leasehold acreage in Weld County, Colorado for approximately $28.2 million. The merger is expected to close in the fourth quarter of 2022, subject to customary conditions including a PIPE for at least $30 million.
- Buyers
- Prairie Operating Co., LLC
- Targets
- Creek Road Miners, Inc., Exok, Inc., Prairie Operating Co., LLC
- Industry
- Oil & Gas
- Location
- Nevada, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Enbridge Agrees to Acquire Salt Creek Midstream Crude Oil Gathering Assets for $600 Million
August 26, 2026
Infrastructure
Enbridge has signed a definitive agreement to acquire Salt Creek Midstream’s crude oil gathering business for US$600 million in cash. Through a wholly owned subsidiary, Enbridge will acquire 100% of the Orla and Wink North gathering systems and a 50% interest in the Delaware Crossing (DCX) system, with expected closing later in 2026 subject to customary conditions including Hart-Scott-Rodino clearance.
-
Presidio Production Company Acquires Canyon Creek Assets
August 11, 2026
Oil & Gas
Presidio Production Company closed its acquisition of the Canyon Creek assets in July 2026, marking its first deal in the Arkoma Basin and its second acquisition as a public company. Presidio funded the transaction using its ABS Warehouse Facility and issued shares to the sellers in connection with the closing.
-
NEXA Lending Strategic Investment and Phased Acquisition Agreement With Copper Ridge Ventures
May 21, 2026
Financial Services
NEXA Lending announced a strategic investment and phased acquisition agreement with Copper Ridge Ventures (CRV), a holding company owned by Tim Owens that focuses on mortgage joint ventures between loan officers and real estate professionals. The arrangement is designed to combine NEXA’s technology, marketing, compliance, and back-office infrastructure with CRV’s joint venture relationships to scale origination and expand CRV’s footprint.
-
Prairie Operating Co. Acquires Producing Assets from Nickel Road Operating LLC
February 1, 2024
Energy
Prairie Operating Co. (Nasdaq: PROP) entered into a definitive agreement to acquire the producing assets of Nickel Road Operating LLC for $94.5 million (including $83.0M cash and $11.5M deferred). The asset purchase expands Prairie's footprint in the DJ Basin — adding ~3,370 net Boepd, 5,500 net contiguous leasehold acres, 62 permitted PUDs and materially accretive reserves and cash flow.
-
ExxonMobil Merges With Pioneer Natural Resources in a $59.5 Billion Deal
October 12, 2023
Oil & Gas
ExxonMobil and Pioneer Natural Resources announced a merger valued at $59.5 billion. The combination brings together Pioneer’s contiguous Midland Basin acreage with ExxonMobil’s Delaware and Midland Basin portfolio to strengthen U.S. unconventional scale and increase Permian production potential.
-
Bonanza Creek and Extraction Merge and Acquire Crestone Peak; Rebrand as Civitas Resources
November 1, 2021
Oil & Gas
Bonanza Creek Energy and Extraction Oil & Gas completed their merger and subsequently acquired Crestone Peak Resources, rebranding the combined company as Civitas Resources (NYSE: CIVI). The transaction creates the largest pure‑play energy producer in Colorado's Denver‑Julesburg (DJ) Basin, with a stated focus on operational discipline, free cash flow generation and ESG leadership.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.