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Posted 12 August, 2022

Creek Road Miners, Inc. appointed new CEO

CEO Change detected for ticker OTC:CRKR in a 8-K filed on 12 August, 2022.


  On August 8, 2022, Scott D. Kaufman resigned from his positions as Co-Chief Executive Officer of Creek Road Miners, Inc. (the "Company") and a member of the Company's Board of Directors (the "Board").  

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Overview of Creek Road Miners, Inc.
Financial Services • Securities
Prairie Operating Co. engages in development, exploration, and production of oil, natural gas, and natural gas liquids. It focuses on unconventional oil and natural gas reservoirs located in Colorado focused on the Niobrara and Codell formations. The company is also a crypto company involved in cryptocurrency mining. Prairie Operating was founded by Gary C. Hanna and Edward Kovalik on May 2, 2001 and is headquartered in Houston, TX.
Market Cap
$189M
View Company Details
Creek Road Miners, Inc. by TradingView
Relevant filing section
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


On August 8, 2022, Scott D. Kaufman resigned from his positions as Co-Chief Executive Officer of Creek Road Miners, Inc. (the "Company") and a member of the Company's Board of Directors (the "Board"). Mr. Kaufman's resignation letter outlined several disagreements with the Company, which were not mutually exclusive, related to its operations, policies and practices, including the limitations on Mr. Kaufman's responsibilities as Co-Chief Executive Officer, the Board's business strategy, actions and corporate governance policies and the Board's actions and inactions with respect to his personal financial arrangements with the Company.


A copy of the emailed letter from Mr. Kaufman to the Board and Scott A. Sheikh, the Company's General Counsel, regarding Mr. Kaufman's decision to resign as Co-Chief Executive Officer and a member of the Board is attached to this Current Report on Form 8-K as Exhibit 99.1.


The Company will provide Mr. Kaufman a copy of the disclosures it is making in this Item 5.02 no later than the day the Company files the disclosures with the SEC. The Company will provide Mr. Kaufman with the opportunity to furnish the Company, as promptly as possible, with a letter addressed to the Company stating whether Mr. Kaufman agrees with the statements made by the Company in this Item 5.02 and, if not, stating the respects in which he does not agree. The Company will file any letter provided by Mr. Kaufman in relation thereto by amendment to this Current Report within two business days after receipt by the Company.


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