Presidio signs Canyon Creek acquisition for $83 million
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Presidio Executes Purchase Agreements for Canyon Creek Acquisition
May 8, 2026 8:00 AM EDTSupports Expected Dividend Increase to $1.50 per Share
Establishes Land-and-Expand Platform for Consolidation in Arkoma Basin
FORT WORTH, Texas--(BUSINESS WIRE)-- Presidio Production Company (NYSE: FTW) (Presidio or the Company), a yield-focused, differentiated oil and gas operator in the United States focused on the acquisition and optimization of producing oil and natural gas wells, without drilling, today announced the execution of definitive purchase and sale agreements to acquire the Canyon Creek assets for approximately $83 million (the Transaction) from companies controlled by Vortus Investments and additional sellers (the... More
