financetom
Business
financetom
/
Business
/
Prairie Operating Starts Development of 11 Oil Wells in Colorado
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Prairie Operating Starts Development of 11 Oil Wells in Colorado
Apr 2, 2025 7:48 AM

10:24 AM EDT, 04/02/2025 (MT Newswires) -- Prairie Operating ( PROP ) started developing 11 oil and natural gas wells at the Rusch Pad drilling site in Weld County, Colorado, to expand output in the Denver-Julesburg Basin.

Drilling is expected to be completed by early June, and initial production is anticipated in early August, the company said Wednesday in a statement.

Price: 4.74, Change: -0.22, Percent Change: -4.43

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Brazil's Eletrobras net income down 19% in Q1
Brazil's Eletrobras net income down 19% in Q1
May 9, 2024
SAO PAULO (Reuters) - Brazilian power giant Eletrobras reported late on Wednesday a first-quarter net profit of 331 million reais ($65 million), down 19% from a year earlier as it resumed investments in the transmission segment. WHY IT'S IMPORTANT Eletrobras is Latin America's largest utility and has been implementing new strategies after it was privatized in June 2022, when the...
Coach parent Tapestry misses quarterly revenue expectations
Coach parent Tapestry misses quarterly revenue expectations
May 9, 2024
May 9 (Reuters) - Coach handbag maker Tapestry posted third-quarter revenue below Wall Street expectations on Thursday as demand for its handbags and accessories continued to falter in the face of high inflation. Tapestry's net sales came in at $1.48 billion in the quarter ended March 30, compared to analysts' average estimate of $1.50 billion, according to LSEG data. The...
Analysis-Bear market for diesel spells fresh troubles for oil
Analysis-Bear market for diesel spells fresh troubles for oil
May 9, 2024
LONDON/SINGAPORE/NEW YORK (Reuters) - Profit margins for diesel are slumping as new refineries boost supplies and as mild weather in the northern hemisphere and slow economic activity eat into demand, putting oil prices under further downward pressure. The lower refining margins for diesel, one of the world's key industrial and transport fuels, have already prompted some refiners in Asia to...
--Gray Television Keeps Quarterly Dividend of $0.08 a Share, Payable June 28 to Holders of Record on June 14
--Gray Television Keeps Quarterly Dividend of $0.08 a Share, Payable June 28 to Holders of Record on June 14
May 9, 2024
05:13 AM EDT, 05/09/2024 (MT Newswires) -- Price: 6.80, Change: +0.06, Percent Change: +0.89 ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved