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Prairie Operating Secures Midstream Agreements in Denver-Julesburg Basin
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Prairie Operating Secures Midstream Agreements in Denver-Julesburg Basin
Nov 19, 2024 8:47 PM

07:40 AM EST, 11/18/2024 (MT Newswires) -- Prairie Operating ( PROP ) said Monday it has signed multiple midstream and gathering agreements with Rimrock Energy Partners, NGL Energy Partners, and Taproot Energy Partners in the Denver-Julesburg basin.

The agreements ensure takeaway, processing, sales, and water disposal solutions across the company's 44,000-acre asset base, Prairie Operating ( PROP ) said.

Prairie Operating ( PROP ) said through the agreements it will benefit from an access to pipeline transportation as well as access to high-grade crude oil commodity price benefits, with flexible provisions to support future increases in production volumes.

Financial terms were not disclosed.

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