Bayswater Enters Sale Agreement for DJ Basin Assets
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Bayswater Exploration and Production has entered into an agreement to sell its assets in the Denver Julesburg Basin to Prairie Operating Company in a deal valued at approximately $603 million. The transaction involves both cash and stock.
February 07, 2025 | 4:15 pm
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Prairie Operating Company is acquiring assets from Bayswater in the DJ Basin for $603 million, which could enhance its asset base and operational capacity.
The acquisition of DJ Basin assets is a significant expansion for Prairie Operating Company, likely to enhance its operational capabilities and asset portfolio. This could positively impact its stock price in the short term as investors react to the growth potential.
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