Prairie Operating (PROP) announced the reaffirmation of its multi-year Reserve-Based Lending credit facility with Citibank, N.A., its lead arranger. Following its semi-annual redetermination, the Company’s reserve-based credit facility was reaffirmed with a borrowing base of $475 million, a maximum facility size of $1.0 billion, and a maturity date of March 26, 2029.
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