<SEC-DOCUMENT>0001992153-24-000001.txt : 20240917
<SEC-HEADER>0001992153-24-000001.hdr.sgml : 20240917
<ACCEPTANCE-DATETIME>20240917182320
ACCESSION NUMBER:		0001992153-24-000001
CONFORMED SUBMISSION TYPE:	SCHEDULE 13G/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20240917

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Prairie Operating Co.
		CENTRAL INDEX KEY:			0001162896
		STANDARD INDUSTRIAL CLASSIFICATION:	CRUDE PETROLEUM & NATURAL GAS [1311]
		ORGANIZATION NAME:           	01 Energy & Transportation
		IRS NUMBER:				980357690
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-85822
		FILM NUMBER:		241305676

	BUSINESS ADDRESS:	
		STREET 1:		55 WAUGH DRIVE
		STREET 2:		SUITE 400
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77007
		BUSINESS PHONE:		(713) 424-4247

	MAIL ADDRESS:	
		STREET 1:		55 WAUGH DRIVE
		STREET 2:		SUITE 400
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77007

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Creek Road Miners, Inc.
		DATE OF NAME CHANGE:	20210715

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	WIZARD BRANDS, INC.
		DATE OF NAME CHANGE:	20200814

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	WIZARD ENTERTAINMENT, INC.
		DATE OF NAME CHANGE:	20181009

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Wallis James W.
		CENTRAL INDEX KEY:			0001992153
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A

	MAIL ADDRESS:	
		STREET 1:		6410 NORTH SANTA FE AVE.
		STREET 2:		STE B
		CITY:			OKLAHOMA CITY
		STATE:			OK
		ZIP:			73116
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13G/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>SCHEDULE 13G/A</submissionType>
    <previousAccessionNumber>0001567619-23-007270</previousAccessionNumber>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0001992153</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <amendmentNo>1</amendmentNo>
      <securitiesClassTitle>Common Stock, Par Value $0.01</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>09/16/2024</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0001162896</issuerCik>
        <issuerName>Prairie Operating Co.</issuerName>
        <issuerCusip>97751C100</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <com:street1>55 WAUGH DRIVE</com:street1>
          <com:street2>55 WAUGH DRIVE</com:street2>
          <com:city>HOUSTON</com:city>
          <com:stateOrCountry>OK</com:stateOrCountry>
          <com:zipCode>77007</com:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(c)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>Wallis James W.</reportingPersonName>
      <citizenshipOrOrganization>X1</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>1467291.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>1467291.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>1467291.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <classPercent>5.0</classPercent>
      <typeOfReportingPerson>IN</typeOfReportingPerson>
      <comments>Footnotes  (1) Shares reported in this Form 13G are held through the James W. Wallis Living Trust, for which James W. Wallis is the Settlor and Sole Trustee.
(2) (2)	Includes (i) 769,930 shares of Common Stock, (ii) 63,7 I8 shares issued upon the conversion of Series D Convertible Preferred Stock, (iii) 633,643 upon the exercise of Common Purchase warrants (the "Common Warrants") that are subject to a 4.99% blocker (the "Common Warrant Blocker:). However as more fully described in Item 4, the securities reports in rows (5), (7) and (9) show the number of shares of Common Stock that would be issuable upon full conversion and exercise of such Common Warrants and does not give effect to the Common Warrant Blocker. Therefore, the actual number of shares of Common Stock beneficially owned by the Reporting Person, after giving effect to the Common Warrant Blocker, is less than the number of securities report in rows (5), (7), and (9).
(3)  (3)	Based on 2,662,222 shares of Common Stock outstanding, which includes (i) 12,564,861 shares of Common Stock outstanding as of August 8, 2024 (as reported in the Quarterly Report of the issuer on Form 10-Q filed with the SEC on August 9, 2024,(ii) to the issuer of 8,400,000 shares of Common Stock issued on August 15, 2024 to Narrogal Nominees PTY Ltd ATF Gregory K O'Neill Family Trust (as reported in a Form 4 filed August 19, 2024), (iii) 63,718 shares issued upon the conversion of the Series D Convertible Preferred Stock, and (iv) 633,643 shares issued upon the exercise of the Common Warrants</comments>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>Prairie Operating Co.</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>55 WAUGH DRIVE, 55 WAUGH DRIVE, HOUSTON, OKLAHOMA, 77007</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>Wallis James W.</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>6140 N Santa Fe Ave., Suite B, Oklahoma city, OK 73116 </principalBusinessOfficeOrResidenceAddress>
        <citizenship>United States</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>N</notApplicableFlag>
      </item3>
      <item4>
        <amountBeneficiallyOwned>1,467,291

Item 4.1 Pursuant to the definitive agreements to which the Reporting Person is party, the Common Warrants are subject to 4.99% blockers (the "Common Warrant Blocker) pursuant to which the Reporting Person cannot exercise the Common Warrants if after the exercise of its option, the Reporting Person would own more than 4.99 % of the outstanding shares of Common Stock. The percentage set forth in Item 4(b) for the Reporting Person gives effect to the Common Warrant Blocker. Consequently, as of the date of the event which required the filing of this statement, the Reporting Person was unable to exercise the Common Warrants since the percentage held by the Reporting Person currently exceeds 4.99% of the Common Stock of the Issuer.</amountBeneficiallyOwned>
        <classPercent>4.99%</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>1,467,291</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>0</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>1,467,291</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>0</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>Y</notApplicableFlag>
      </item5>
      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
      </item7>
      <item8>
        <notApplicableFlag>Y</notApplicableFlag>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under &amp;#167; 240.14a-11.

</certifications>
      </item10>
    </items>
    <signatureInformation>
      <reportingPersonName>Wallis James W.</reportingPersonName>
      <signatureDetails>
        <signature>Wallis Jame W.</signature>
        <title>Individual</title>
        <date>09/17/2024</date>
      </signatureDetails>
    </signatureInformation>
  </formData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
