Management ChangeJun 25, 2026, 07:31 AM
Prairie Operating Appoints Gregory Patton CEO, Michael Shelly CFO
AI Summary
Prairie Operating Co. announced significant leadership changes, promoting Gregory S. Patton to Chief Executive Officer and appointing Michael J. Shelly as Chief Financial Officer. Patton, who previously served as EVP and CFO, will also join the Board of Directors. Rich Frommer, the interim President and CEO, will transition back to his role as Director. The company emphasized that these changes are aimed at strengthening leadership for its next phase of growth in the DJ Basin.
Key Highlights
- Gregory S. Patton promoted to Chief Executive Officer and Board member.
- Michael J. Shelly appointed as Chief Financial Officer.
- Rich Frommer transitions from Interim President and CEO back to Director.
- Patton previously served as EVP and CFO since April 2025.
- Shelly was a Managing Director in Citigroup’s Natural Resources Group.
Price Impact
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