{"success":true,"data":{"pressRelease":{"id":"5595","rtpr_id":"nGNE8GgcxL","ticker":"PROP","exchange":"NASDAQ","all_tickers":["PROP"],"title":"Prairie Operating Co. Announces Board of Director Resignation","author":"Globe Newswire","published_at":"2026-04-22T21:00:00.250Z","article_body":"Houston, TX, April 22, 2026 (GLOBE NEWSWIRE) -- Prairie Operating Co. (Nasdaq:\nPROP) (the “Company,” “Prairie,” “we,” “our,” or “us”) –\nan independent energy company engaged in the development and acquisition of\noil, natural gas, and natural gas liquids resources in the Denver-Julesburg\n(DJ) Basin – today announced that Gizman I. Abbas has provided notice of his\nresignation from the Company’s Board of Directors (the “Board”),\neffective May 15, 2026.\n\nMr. Abbas’s resignation was not the result of any disagreement with the\nCompany or the Board on any matter relating to the Company’s operations,\npolicies, or practices. During his tenure, Mr. Abbas served on the\nCompensation Committee and Audit Committee and chaired the Nominating and\nGovernance Committee of the Board.\n\nErik Thoresen, Chairman of the Board, commented, “On behalf of the Board, I\nwould like to thank Gizman for his dedicated service and contributions to\nPrairie. His insight and perspective have been instrumental in strengthening\nand supporting the Company’s strategic direction. We are grateful for his\ncommitment and wish him continued success in his future endeavors.”\n\nRichard N. Frommer, Interim President and Chief Executive Officer, added,\n“Gizman has been a thoughtful and engaged member of the Board, and we\nappreciated his support in advancing the Company’s key strategic objectives.\nHis collaborative approach and judgment have been valuable to both the Board\nand management team, and we thank him for his contributions.”\n\nMr. Abbas commented, “It has been an honor to serve on the Board of Prairie\nOperating Co. and to be part of the Company’s evolution. I am proud of what\nwe have accomplished together and have full confidence in the leadership team\nto continue executing on its strategy and driving long-term success.”\n\nCautionary Statement about Forward-Looking Statements\n\nThe information included in this press release and in any oral statements made\nin connection herewith include “forward-looking statements” within the\nmeaning of Section 27A of the Securities Act of 1933, as amended, and Section\n21E of the Securities Exchange Act of 1934, as amended. These forward-looking\nstatements include, without limitation, statements regarding our ability to\ncomplete the transactions described in this press release, including improving\nour capital structure and reducing the dilution related to the Anniversary\nWarrant, future financial performance, business strategies, expansion plans,\nfuture results of operations, estimated revenues, losses, projected costs,\nprospects, plans and objectives of management. These forward-looking\nstatements are based on our management’s current expectations, estimates,\nprojections and beliefs, as well as a number of assumptions concerning future\nevents, and are not guarantees of performance. Such statements can be\nidentified by the fact that they do not relate strictly to historical or\ncurrent facts. When used in this press release, words such as  “believe,”\n“estimate,” “continue,” “project” or the negative of such terms or\nother similar expressions may identify forward-looking statements, but the\nabsence of these words does not mean that a statement is not forward-looking.\nThe forward-looking statements contained herein are based on our current\nexpectations and beliefs concerning future developments and their potential\neffects on us. There can be no assurance that future developments affecting us\nwill be those that we have anticipated. These forward-looking statements\ninvolve a number of risks, uncertainties (some of which are beyond our\ncontrol) or other assumptions that may cause actual results or performance to\nbe materially different from those expressed or implied by these\nforward-looking statements.\n\nThese risks are not exhaustive. Other sections of this press release could\ninclude additional factors that could adversely affect our business and\nfinancial performance. Moreover, we operate in a very competitive and rapidly\nchanging environment. New risk factors emerge from time to time, and it is not\npossible for our management to predict all risk factors nor can we assess the\neffects of all factors on our business or the extent to which any factor, or\ncombination of factors, may cause actual results to differ materially from\nthose contained in, or implied by, any forward-looking statements. Our\nSecurities and Exchange Commission (the “SEC”), filings are available\npublicly on the SEC website at www.sec.gov. Should one or more of these risks\nor uncertainties materialize, or should any of our assumptions prove\nincorrect, actual results may vary in material respects from those projected\nin these forward-looking statements. Accordingly, forward-looking statements\nin this press release should not be relied upon as representing our views as\nof any subsequent date, and we undertake no obligation to update or revise any\nforward-looking statements, whether as a result of new information, future\nevents or otherwise, except as may be required under applicable securities\nlaws.\n\nAll forward-looking statements expressed or implied, included in this press\nrelease are expressly qualified in their entirety by this cautionary\nstatement.\n\nAbout Prairie Operating Co.\n\nPrairie Operating Co. is a Houston-based publicly traded independent energy\ncompany engaged in the development and acquisition of oil, natural gas, and\nnatural gas liquid resources in the United States. The Company’s assets and\noperations are concentrated in the oil and liquids-rich regions of the\nDenver-Julesburg (DJ) Basin, with a primary focus on the Niobrara and Codell\nformations. The Company is committed to the responsible development of its oil\nnatural gas, and natural gas liquid resources and is focused on maximizing\nreturns through consistent growth, capital discipline, and sustainable cash\nflow generation.\n\nMore information about the Company can be found at www.prairieopco.com.\n\nInvestor Relations Contact:\n\nWobbe Ploegsma\ninfo@prairieopco.com \n832-274-3449","article_body_html":"","raw_payload":{"data":{"id":"nGNE8GgcxL","title":"Prairie Operating Co. Announces Board of Director Resignation","author":"Globe Newswire","ticker":"PROP","created":"2026-04-22T21:00:00.250Z","tickers":["PROP"],"exchange":"NASDAQ","article_body":"Houston, TX, April 22, 2026 (GLOBE NEWSWIRE) -- Prairie Operating Co. (Nasdaq:\nPROP) (the “Company,” “Prairie,” “we,” “our,” or “us”) –\nan independent energy company engaged in the development and acquisition of\noil, natural gas, and natural gas liquids resources in the Denver-Julesburg\n(DJ) Basin – today announced that Gizman I. Abbas has provided notice of his\nresignation from the Company’s Board of Directors (the “Board”),\neffective May 15, 2026.\n\nMr. Abbas’s resignation was not the result of any disagreement with the\nCompany or the Board on any matter relating to the Company’s operations,\npolicies, or practices. During his tenure, Mr. Abbas served on the\nCompensation Committee and Audit Committee and chaired the Nominating and\nGovernance Committee of the Board.\n\nErik Thoresen, Chairman of the Board, commented, “On behalf of the Board, I\nwould like to thank Gizman for his dedicated service and contributions to\nPrairie. His insight and perspective have been instrumental in strengthening\nand supporting the Company’s strategic direction. We are grateful for his\ncommitment and wish him continued success in his future endeavors.”\n\nRichard N. Frommer, Interim President and Chief Executive Officer, added,\n“Gizman has been a thoughtful and engaged member of the Board, and we\nappreciated his support in advancing the Company’s key strategic objectives.\nHis collaborative approach and judgment have been valuable to both the Board\nand management team, and we thank him for his contributions.”\n\nMr. Abbas commented, “It has been an honor to serve on the Board of Prairie\nOperating Co. and to be part of the Company’s evolution. I am proud of what\nwe have accomplished together and have full confidence in the leadership team\nto continue executing on its strategy and driving long-term success.”\n\nCautionary Statement about Forward-Looking Statements\n\nThe information included in this press release and in any oral statements made\nin connection herewith include “forward-looking statements” within the\nmeaning of Section 27A of the Securities Act of 1933, as amended, and Section\n21E of the Securities Exchange Act of 1934, as amended. These forward-looking\nstatements include, without limitation, statements regarding our ability to\ncomplete the transactions described in this press release, including improving\nour capital structure and reducing the dilution related to the Anniversary\nWarrant, future financial performance, business strategies, expansion plans,\nfuture results of operations, estimated revenues, losses, projected costs,\nprospects, plans and objectives of management. These forward-looking\nstatements are based on our management’s current expectations, estimates,\nprojections and beliefs, as well as a number of assumptions concerning future\nevents, and are not guarantees of performance. Such statements can be\nidentified by the fact that they do not relate strictly to historical or\ncurrent facts. When used in this press release, words such as  “believe,”\n“estimate,” “continue,” “project” or the negative of such terms or\nother similar expressions may identify forward-looking statements, but the\nabsence of these words does not mean that a statement is not forward-looking.\nThe forward-looking statements contained herein are based on our current\nexpectations and beliefs concerning future developments and their potential\neffects on us. There can be no assurance that future developments affecting us\nwill be those that we have anticipated. These forward-looking statements\ninvolve a number of risks, uncertainties (some of which are beyond our\ncontrol) or other assumptions that may cause actual results or performance to\nbe materially different from those expressed or implied by these\nforward-looking statements.\n\nThese risks are not exhaustive. Other sections of this press release could\ninclude additional factors that could adversely affect our business and\nfinancial performance. Moreover, we operate in a very competitive and rapidly\nchanging environment. New risk factors emerge from time to time, and it is not\npossible for our management to predict all risk factors nor can we assess the\neffects of all factors on our business or the extent to which any factor, or\ncombination of factors, may cause actual results to differ materially from\nthose contained in, or implied by, any forward-looking statements. Our\nSecurities and Exchange Commission (the “SEC”), filings are available\npublicly on the SEC website at www.sec.gov. Should one or more of these risks\nor uncertainties materialize, or should any of our assumptions prove\nincorrect, actual results may vary in material respects from those projected\nin these forward-looking statements. Accordingly, forward-looking statements\nin this press release should not be relied upon as representing our views as\nof any subsequent date, and we undertake no obligation to update or revise any\nforward-looking statements, whether as a result of new information, future\nevents or otherwise, except as may be required under applicable securities\nlaws.\n\nAll forward-looking statements expressed or implied, included in this press\nrelease are expressly qualified in their entirety by this cautionary\nstatement.\n\nAbout Prairie Operating Co.\n\nPrairie Operating Co. is a Houston-based publicly traded independent energy\ncompany engaged in the development and acquisition of oil, natural gas, and\nnatural gas liquid resources in the United States. The Company’s assets and\noperations are concentrated in the oil and liquids-rich regions of the\nDenver-Julesburg (DJ) Basin, with a primary focus on the Niobrara and Codell\nformations. The Company is committed to the responsible development of its oil\nnatural gas, and natural gas liquid resources and is focused on maximizing\nreturns through consistent growth, capital discipline, and sustainable cash\nflow generation.\n\nMore information about the Company can be found at www.prairieopco.com.\n\nInvestor Relations Contact:\n\nWobbe Ploegsma\ninfo@prairieopco.com \n832-274-3449"},"type":"article","timestamp":"2026-04-22T21:00:00.357243216Z","server_sent_at_ms":1776891600357},"received_at":"2026-04-22T21:00:01.669Z","source_url":null},"analysis":{"id":"4094","press_release_id":"5595","analysis_json":{"industry":{"label":"Energy","sector":"Energy"},"redFlags":[],"eventType":"board_change","narrative":"Prairie Operating Co. announced that Gizman I. Abbas has resigned from the Board of Directors, effective May 15, 2026.\n\nThe company specified that the resignation was not due to any disagreement regarding operations, policies, or practices.\n\nMr. Abbas previously served on the Compensation and Audit Committees and chaired the Nominating and Governance Committee.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":""},"keyFigures":{},"quotedText":"Mr. Abbas’s resignation was not the result of any disagreement with the Company or the Board on any matter relating to the Company’s operations, policies, or practices.","namedEntities":{"people":[{"name":"Gizman I. Abbas","role":"Board of Directors member"},{"name":"Erik Thoresen","role":"Chairman of the Board"},{"name":"Richard N. 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Abbas has resigned from the Board of Directors, effective May 15, 2026.\n\nThe company specified that the resignation was not due to any disagreement regarding operations, policies, or practices.\n\nMr. Abbas previously served on the Compensation and Audit Committees and chaired the Nominating and Governance Committee.","key_figures":{},"named_entities":{"people":[{"name":"Gizman I. Abbas","role":"Board of Directors member"},{"name":"Erik Thoresen","role":"Chairman of the Board"},{"name":"Richard N. Frommer","role":"Interim President and Chief Executive Officer"},{"name":"Wobbe Ploegsma","role":"Investor Relations Contact"}],"products":[],"companies":[{"name":"Prairie Operating Co.","ticker":"PROP"}],"dollarAmounts":[]},"model_name":"glm-4.7","prompt_hash":"sha256:2f2748f0fcc8c4f2","schema_hash":"sha256:ad96b863d7123008","created_at":"2026-04-23T00:09:57.361Z","global_importance":3,"audience_relevance":3,"importance_components":{"method":"backfill-heuristic","signals":{"bodyLong":false,"headlineTier1":false,"tickerCovered":false,"hadSignificance":false},"version":1,"computedAt":"2026-04-27T11:52:54.523Z"}},"durationMs":66539,"modelName":"glm-4.7"}}