<SEC-DOCUMENT>0001641172-25-023462.txt : 20250813
<SEC-HEADER>0001641172-25-023462.hdr.sgml : 20250813
<ACCEPTANCE-DATETIME>20250813160522
ACCESSION NUMBER:		0001641172-25-023462
CONFORMED SUBMISSION TYPE:	SCHEDULE 13G/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20250813
DATE AS OF CHANGE:		20250813

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
		EIN:				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:		251211479

	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:			Bayswater Exploration & Production, LLC
		CENTRAL INDEX KEY:			0001645595
		ORGANIZATION NAME:           	
		EIN:				201398370
		STATE OF INCORPORATION:			CO
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A

	BUSINESS ADDRESS:	
		STREET 1:		730 17TH STREET, SUITE 610
		CITY:			DENVER
		STATE:			CO
		ZIP:			80202
		BUSINESS PHONE:		(303)893-2503

	MAIL ADDRESS:	
		STREET 1:		730 17TH STREET, SUITE 610
		CITY:			DENVER
		STATE:			CO
		ZIP:			80202
</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>0001641172-25-002403</previousAccessionNumber>
    <filerInfo>
      <filer>
        <filerCredentials>
          <!-- Field: Pseudo-Tag; ID: Name; Data: Bayswater Exploration & Production, LLC -->
          <cik>0001645595</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <amendmentNo>1</amendmentNo>
      <securitiesClassTitle>Common Stock, par value $0.01 per share</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>06/30/2025</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0001162896</issuerCik>
        <issuerName>Prairie Operating Co.</issuerName>
        <issuerCusip>739650109</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <com:street1>55 Waugh Drive</com:street1>
          <com:street2>Suite 400</com:street2>
          <com:city>Houston</com:city>
          <com:stateOrCountry>TX</com:stateOrCountry>
          <com:zipCode>77007</com:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(c)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>Bayswater Exploration &amp; Production, LLC</reportingPersonName>
      <citizenshipOrOrganization>CO</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>2958965.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>2958965.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>2958965.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>6.9</classPercent>
      <typeOfReportingPerson>OO</typeOfReportingPerson>
      <comments>Percentage of class calculated based on 42,942,127 outstanding shares of common stock ("Common Stock") of Prairie Operating Co., a Delaware corporation (the "Issuer"), as of April 11, 2024, as reported in the Issuer's prospectus supplement filed with the Securities and Exchange Commission on June 20, 2025.</comments>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>Bayswater Management Company LP</reportingPersonName>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>2958965.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>2958965.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>2958965.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>6.9</classPercent>
      <typeOfReportingPerson>OO</typeOfReportingPerson>
      <comments>Percentage of class calculated based on 42,942,127 outstanding shares of Common Stock as of April 11, 2024, as reported in the Issuer's prospectus supplement filed with the Securities and Exchange Commission on June 20, 2025.</comments>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>Prairie Operating Co.</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>55 Waugh Drive, Suite 400, Houston, TX, 77007</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>(i) Bayswater Exploration &amp; Production, LLC
(ii) Bayswater Management Company LP</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>(i) 730 17th Street, Suite 500, Denver, Colorado 80202
(ii) 730 17th Street, Suite 500, Denver, Colorado 80202</principalBusinessOfficeOrResidenceAddress>
        <citizenship>(i) Colorado limited liability company
(ii) Delaware limited partnership</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>Y</notApplicableFlag>
      </item3>
      <item4>
        <amountBeneficiallyOwned>This Amendment No. 1 to Schedule 13G (this "Schedule 13G/A") amends and supplements the Schedule 13G filed by Bayswater Exploration &amp; Production, LLC ("Bayswater E&amp;P") and Bayswater Management Company LP ("Bayswater Management") with the Securities and Exchange Commission on April 2, 2025 (the "Schedule 13G"). The purpose of this Schedule 13G/A is to update the beneficial ownership information on the cover pages and in Item 4 in the Schedule 13G.

As of June 30, 2025, Bayswater E&amp;P held 2,958,965 shares (the "Shares") of Common Stock. As the sole record holder of the Shares, Bayswater E&amp;P may be deemed to beneficially own the Shares. Pursuant to that certain Purchase and Sale Agreement, dated as of February 6, 2025, by and among the Issuer, Otter Holdings, LLC, Prairie SWD Co., LLC, Prairie Gathering I, LLC, Bayswater Resources LLC, Bayswater Fund III-A, LLC, Bayswater Fund III-B, LLC, Bayswater Fund IV-A, LP, Bayswater Fund IV-B, LP, Bayswater Fund IV-Annex, LP and Bayswater E&amp;P (the "PSA"), Bayswater E&amp;P was designated by the Sellers as the Sellers' Representative (in each case, as defined in the PSA) to whom shares of Common Stock were issued on March 26, 2025. The filing of this Schedule 13G/A shall not constitute an admission that Bayswater E&amp;P is a beneficial owner of the Shares.

Because Bayswater Management is the manager or general partner of, or that controls, each entity that sold assets to the Issuer pursuant to the PSA, Bayswater Management may be deemed to indirectly beneficially own the Shares that are held by Bayswater E&amp;P. The filing of this Schedule 13G/A shall not constitute an admission that Bayswater Management is a beneficial owner of the Shares.</amountBeneficiallyOwned>
        <classPercent>(i) Bayswater E&amp;P: 6.9%
(ii) Bayswater Management: 6.9%

Percentage of class calculated based on 42,942,127 outstanding shares of Common Stock as of April 11, 2024, as reported in the Issuer's prospectus supplement filed with the Securities and Exchange Commission on June 20, 2025.</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>(A) Bayswater E&amp;P: 2,958,965
(B) Bayswater Management: 2,958,965</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>(A) Bayswater E&amp;P: 0
(B) Bayswater Management: 0</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>(A) Bayswater E&amp;P: 2,958,965
(B) Bayswater Management: 2,958,965</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>(A) Bayswater E&amp;P: 0
(B) Bayswater Management: 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 ?? 240.14a-11.</certifications>
      </item10>
    </items>
    <exhibitInfo>Exhibit 1: Joint Filing Agreement, dated as of April 2, 2025, by and between Bayswater Exploration &amp; Production, LLC and Bayswater Management Company LP (incorporated by reference to Exhibit 1 to the Schedule 13G filed by Bayswater Exploration &amp; Production, LLC and Bayswater Management Company LP with the Securities and Exchange Commission on April 2, 2025)</exhibitInfo>
    <signatureInformation>
      <reportingPersonName>Bayswater Exploration &amp; Production, LLC</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Victor Wind</signature>
        <title>Victor Wind/Senior Vice President and Chief Financial Officer, Bayswater Management Company LP, its manager</title>
        <date>08/13/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Bayswater Management Company LP</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Victor Wind</signature>
        <title>Victor Wind/Senior Vice President and Chief Financial Officer</title>
        <date>08/13/2025</date>
      </signatureDetails>
    </signatureInformation>
  </formData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
