secwatch.observer — SEC 8-K summary
======================================

Issuer:     PRESIDIO PRODUCTION Co (FTW)
CIK:        0002083125
Form:       8-K
Filed at:   2026-05-14T10:18:51+00:00
Accession:  0001213900-26-056205
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

Presidio acquires Oklahoma oil & gas assets for $83M total consideration in cash and stock
--------------------------------------------------------------------------------

- Total consideration $83M: $60M cash plus 2,173,913 shares of common stock to multiple sellers.
- Canyon Creek gets $19.986M cash and 1,166,627 shares; Alchemist gets $25.395M cash and 920,109 shares.
- Pivotal gets $13.125M cash; smaller sellers included in separate agreements.
- Transaction expected to close early Q3 2026, subject to customary closing conditions.
- Acquired interests include oil, gas, and mineral leases across properties in Oklahoma.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2083125/000121390026056205/0001213900-26-056205-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2083125/000121390026056205/ea0290771-8k_presidio.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-056205

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer