# EDGAR Filing Document

**Accession Number:** 0001162896
**File Stem:** 0001641172-25-023462
**Filing Date:** 2025-8
**Character Count:** 12547
**Document Hash:** 6a175029b61a66b0657c44a0a63b4d01
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001641172-25-023462.hdr.sgml**: 20250813

**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

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13G

### Under the Securities Exchange Act of 1934

**(Amendment No. 1)**

**Issuer:** Prairie Operating Co.

**Title of Class of Securities:** Common Stock, par value $0.01 per share

**CUSIP Number:** 739650109

**Date of Event Which Requires Filing of this Statement:** 06/30/2025

**Check the appropriate box to designate the rule pursuant to which this Schedule is filed:**

- [ ] Rule 13d-1(b)

- [x] Rule 13d-1(c)

- [ ] Rule 13d-1(d)

---

| 1. | Names of Reporting Persons<br>Bayswater Exploration & Production, LLC | Names of Reporting Persons<br>Bayswater Exploration & Production, LLC |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>CO | Citizenship or Place of Organization<br>CO |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>2958965.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>2958965.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>0.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>2958965.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>2958965.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>6.9% | Percent of Class Represented by Amount in Row (9)<br>6.9% |
| 12. | Type of Reporting Person (See Instructions)<br>OO | Type of Reporting Person (See Instructions)<br>OO |

**Comment for Type of Reporting Person:** 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.

---

| 1. | Names of Reporting Persons<br>Bayswater Management Company LP | Names of Reporting Persons<br>Bayswater Management Company LP |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>DE | Citizenship or Place of Organization<br>DE |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>2958965.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>2958965.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>0.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>2958965.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>2958965.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>6.9% | Percent of Class Represented by Amount in Row (9)<br>6.9% |
| 12. | Type of Reporting Person (See Instructions)<br>OO | Type of Reporting Person (See Instructions)<br>OO |

**Comment for Type of Reporting Person:** 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.

---

**Item 1(a). Name of Issuer:**
Prairie Operating Co.

**Item 1(b). Address of Issuer's Principal Executive Offices:**
55 Waugh Drive, Suite 400, Houston, TX, 77007

**Item 2(a). Name of Person Filing:**
(i) Bayswater Exploration & Production, LLC
(ii) Bayswater Management Company LP

**Item 2(b). Address of Principal Business Office:**
(i) 730 17th Street, Suite 500, Denver, Colorado 80202
(ii) 730 17th Street, Suite 500, Denver, Colorado 80202

**Item 2(c). Citizenship:**
(i) Colorado limited liability company
(ii) Delaware limited partnership

**Item 2(d). Title of Class of Securities:**
Common Stock, par value $0.01 per share

**Item 2(e). CUSIP Number:**
739650109

**Item 3. If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:**

(a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

(b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

(c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

(d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

(e) [ ] An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);

(f) [ ] An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);

(g) [ ] A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

(h) [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i) [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j) [ ] A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), if filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:

(k) [ ] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).

**Item 4. Ownership:**

**(a) Amount beneficially owned:**

This Amendment No. 1 to Schedule 13G (this "Schedule 13G/A") amends and supplements the Schedule 13G filed by Bayswater Exploration & Production, LLC ("Bayswater E&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&P held 2,958,965 shares (the "Shares") of Common Stock. As the sole record holder of the Shares, Bayswater E&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&P (the "PSA"), Bayswater E&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&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&P. The filing of this Schedule 13G/A shall not constitute an admission that Bayswater Management is a beneficial owner of the Shares.

**(b) Percent of class:**

(i) Bayswater E&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.

**(c) Number of shares as to which the person has:**

**(i) Sole power to vote or to direct the vote:**

(A) Bayswater E&P: 2,958,965
(B) Bayswater Management: 2,958,965

**(ii) Shared power to vote or to direct the vote:**

(A) Bayswater E&P: 0
(B) Bayswater Management: 0

**(iii) Sole power to dispose or to direct the disposition of:**

(A) Bayswater E&P: 2,958,965
(B) Bayswater Management: 2,958,965

**(iv) Shared power to dispose or to direct the disposition of:**

(A) Bayswater E&P: 0
(B) Bayswater Management: 0

**Item 5. Ownership of Five Percent or Less of a Class.**

[x] If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following.

**Item 6. Ownership of More than 5 Percent on Behalf of Another Person.**

Not Applicable

**Item 7. Identification and Classification of the Subsidiary**

Not Applicable

**Item 8. Identification and Classification of Members of the Group**

Not Applicable

**Item 9. Notice of Dissolution of Group**

Not Applicable

**Item 10. Certification:**

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.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Bayswater Exploration & Production, LLC**

**Date:** 08/13/2025

**By:** /s/ Victor Wind

**Name & Title:** Victor Wind/Senior Vice President and Chief Financial Officer, Bayswater Management Company LP, its manager

**Bayswater Management Company LP**

**Date:** 08/13/2025

**By:** /s/ Victor Wind

**Name & Title:** Victor Wind/Senior Vice President and Chief Financial Officer