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Prairie Operating Co. Executes Option to Acquire Remaining Exok, Inc. Assets

Deals & Cases
August 18, 2023
Deals & Cases
August 18, 2023

Vinson & Elkins advised Prairie Operating Co. (“the Company”) in connection with the execution of a $20 million Private Investment in Public Equity (“PIPE”) offering.

In conjunction with the PIPE, the Company executed its option to acquire the remaining Exok, Inc. assets located in Weld County, Colorado.

The Vinson & Elkins team was led by partners Mark Kelly and Crosby Scofield, counsel Andrew Schulte and senior associate KJ Pedersen, with assistance from associates Elisie Lee, Ted Belden, Madison Bertrand, John Sasso, Jake Lubenow and Lauren Perillo. Other key team members include partner David D’Alessandro, counsel Regina Ibarra and associates Matt Green and Cassandra Zárate; partner Bryan Loocke; partners Jim Meyer and Ryan Carney and associate Katie Dillard.

About Vinson & Elkins
For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. Built on a strong culture of collaboration across 13 offices worldwide, V&E lawyers are committed to excellence, offering clients decades of legal experience in handling transactions, investments, projects and disputes across the globe. Learn more by visiting www.velaw.com or connect with us on LinkedIn.

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Key Contacts

Partner
T. Mark Kelly