Creek Road Miners, Inc. Enters into Merger Agreement with Prairie Operating Co., LLC
Vinson & Elkins advised Prairie Operating Co., LLC (“Prairie”) in connection with the signing of a merger agreement with Creek Road Miners, Inc.
Upon closing of the merger between Creek Road and Prairie, the combined company will be named Prairie Operating Co. Prairie has also signed a purchase and sale agreement with Exok, Inc. for the acquisition of 37,030 gross acres of undeveloped oil and gas leasehold acreage with an average net revenue interest of 76%, located in Weld County, Colorado for approximately $28.2 million.
The V&E team was led by partners Mark Kelly and Crosby Scofield and senior associates Andrew Schulte and KJ Pedersen, with assistance from associates Ted Belden, Elisie Lee, Madison Bertrand, John Sasso and Jake Lubenow. Other key team members include partner David D’Alessandro, counsel Regina Ibarra, senior associate Missy Spohn and associates Matt Green, Mary Daniel Morgan, Keira Kuntz and Brian DeShannon; partner Bryan Loocke; partners Jim Meyer and Ryan Carney, associates Katie Dillard and Tyler Underwood; partner Sean Becker, counsel Martin Luff and associates Peter Goetschel and Andrew Cox; partner Sarah Mitchell; partner Craig Zieminski; counsel Rajesh Patel; and partner Matt Dobbins.
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