Prairie Operating (PROP) Guidance summary

Opening remarks and agenda

• Management welcomed participants, reflected on 2024 achievements, and set the stage for sharing milestones and strategic direction.

Guidance on key objectives

• Priorities include disciplined development, accretive acquisitions, and a commitment to sustainability as production expands.

• Focus remains on maximizing shareholder value and operational excellence into 2025.

Market trends and strategic opportunities

• Attracted world-class institutional support, highlighted by a $1 billion credit facility with Citi to pursue M&A in the DJ Basin.

• Market dynamics continue to present compelling acquisition prospects, supporting inventory growth and shareholder returns.