June 16, 2026, ST. PETERSBURG, FL – Water Tower Research (www.watertowerresearch.com) has published an Initiation of Coverage Report on Prairie Operating Company (NASDAQ: PROP) titled, “Series F Resolution Could Return Focus to DJ Basin Growth Platform”. The report can be accessed here. Prairie Operating Company is a Wattenberg Field-focused E&P company that completed its transformative $603-million asset acquisition from Bayswater in March 2025, transitioning from a startup into a company with a consistent DJ Basin development program. The company is positioned for organic growth and to opportunistically consolidate in the DJ Basin, which ranks as a top 10 onshore producing field in the Lower 48. Prairie owns large contiguous acreage blocks with stacked-pay potential in the core area of Central Weld County, Colorado. The acreage is positioned within the liquids-rich portions of the field in rural Weld County with up to four potential reservoir targets in the Niobrara and Codell formations.