PRESIDIO PRODUCTION Co incurred senior notes of $350 million in aggregate principal amount with UMB Bank, N.A., as Indenture Trustee at 5.902% Class A-1 Notes and 6.717% Class A-2 Notes maturing Class A-1 Notes due 2041; final scheduled payment date August 2033; Class A-2 Notes due 2041; final scheduled payment date February 2035.
“On June 9, 2026, Presidio Finance LLC (the "Issuer"), a limited-purpose, bankruptcy-remote, wholly-owned indirect subsidiary of Presidio Production Company (the "Company"), issued in a private offering (the "Offering") $350 million in aggregate principal amount of fixed-rate asset-backed securities, consisting of $175 million aggregate principal amount of 5.902% Class A-1 Notes due 2041 and $175 million in principal amount of 6.717% Class A-2 Notes due 2041 (collectively, the "ABS III Notes") pursuant to Section 4(a)(2) under the Securities Act of 1933, as amended (the "Securities Act").”
Material Agreements
PRESIDIO PRODUCTION Co entered into Second Amended and Restated Indenture with UMB Bank, N.A., as Indenture Trustee valued at $350 million (effective 2026-06-09).
“On June 9, 2026, Presidio Finance LLC (the “Issuer”), a limited-purpose, bankruptcy-remote, wholly-owned indirect subsidiary of Presidio Production Company (the “Company”), issued in a private offering (the “Offering”) $350 million in aggregate principal amount of fixed-rate asset-backed securities, consisting of $175 million aggregate principal amount of 5.902% Class A-1 Notes due 2041 and $175 million in principal amount of 6.717% Class A-2 Notes due 2041 (collectively, the “ABS III Notes”)”
Material Agreements
PRESIDIO PRODUCTION Co entered into Purchase and Sale Agreements with Canyon Creek Energy – Arkoma, LLC, Alchemist Energy LeaseCo, LP, Pivotal Arkoma Basin II, LLC, East Dennis Oil Company, LLC, Harvard Petroleum Company, LLC, FBF Energy, LLC, Harbor Island Management Company, LLC valued at 2,173,913 shares of the Company’s common stock...and $60 million of cash (effective 2026-05-07).
“On May 7, 2026, Presidio Production Company (NYSE: FTW) ("Presidio" or the "Company") entered into purchase and sale agreements (the "Purchase and Sale Agreements"), by and between each of Canyon Creek Energy – Arkoma, LLC ("Canyon Creek"), Alchemist Energy LeaseCo, LP ("Alchemist"), Pivotal Arkoma Basin II, LLC ("Pivotal"), East Dennis Oil Company, LLC, Harvard Petroleum Company, LLC, FBF Energy, LLC and Harbor Island Management Company, LLC (collectively, the "Seller Parties") pursuant to which the Company acquired the properties and assets from the Seller Parties set forth in the Purchase and Sale Agreements (the "Purchase and Sale Transaction") for 2,173,913 shares of the Company’s common stock (the "Share Consideration"), par value $0.0001 per share ("Common Stock") and $60 million of cash (the "Transaction").”
Governance Changes
PRESIDIO PRODUCTION Co: Company ceased to be a shell company as a result of the Business Combination.
“As a result of the Business Combination, the Company ceased to be a shell company upon the Closing.”
Governance Changes
PRESIDIO PRODUCTION Co: Adopted a new code of business conduct and ethics (effective 2026-03-04).
“In connection with the Business Combination, on March 4, 2026, the Board approved and adopted a new code of business conduct and ethics that applies to all of its directors, executive officers and other employees (the “Code of Ethics”).”
Governance Changes
PRESIDIO PRODUCTION Co: Amended and restated bylaws in connection with Business Combination (effective 2026-03-04).
“On the Closing Date, in connection with the consummation of the Business Combination, the Company filed the Certificate of Incorporation with the Secretary of State of the State of Delaware and amended and restated the Company’s bylaws (the “Bylaws”).”
Governance Changes
PRESIDIO PRODUCTION Co: Filed Certificate of Incorporation and Certificate of Designation for Series A and B Preferred Shares in connection with Business Combination (effective 2026-03-04).
“On the Closing Date, in connection with the consummation of the Business Combination, the Company filed the Certificate of Incorporation with the Secretary of State of the State of Delaware and amended and restated the Company’s bylaws (the “Bylaws”).”
Material Agreements
PRESIDIO PRODUCTION Co entered into Credit Agreement with Citizens Bank, N.A. valued at $65.0 million (effective 2026-03-04).
“On March 4, 2026, Presidio Borrower LLC, a wholly owned subsidiary of the Company (“Presidio Borrower”), entered into a senior secured revolving credit agreement (the “Credit Agreement”) among Presidio Borrower, as borrower, Citizens Bank, N.A., as administrative agent, and the lenders from time to time party thereto.”
Debt Financings
PRESIDIO PRODUCTION Co incurred revolving credit of $65.0 million initial borrowing base, aggregate maximum credit amounts of $500.0 million with Citizens Bank, N.A. at SOFR loans bear interest at Term SOFR plus an applicable margin ranging from 300 maturing four years from the effective date.
“On March 4, 2026, Presidio Borrower LLC, a wholly owned subsidiary of the Company (“Presidio Borrower”), entered into a senior secured revolving credit agreement (the “Credit Agreement”) among Presidio Borrower, as borrower, Citizens Bank, N.A., as administrative agent, and the lenders from time to time party thereto.”
M&A Transactions
PRESIDIO PRODUCTION Co underwent a change of control involving EQV Ventures Acquisition Corp. (closed 2026-03-04).
“On March 4, 2026 (the “Closing Date”), Presidio Production Company (f/k/a Presidio PubCo Inc.), a Delaware corporation (the “Company” or “Presidio”), consummated the previously announced business combination (the “Closing”) pursuant to the Business Combination Agreement, dated August 5, 2025 (the “Business Combination Agreement”), by and among EQV Ventures Acquisition Corp., a Cayman Islands exempted company (“EQV”), the Company, Prometheus PubCo Merger Sub Inc., a Delaware corporation a (“EQV Merger Sub”), Prometheus Holdings LLC, a Delaware limited liability company (“EQV Holdings”), Prometheus Merger Sub LLC, a Delaware limited liability company (“Presidio Merger Sub”), and Presidio Investment Holdings LLC, a Delaware limited liability company (“PIH”).”
Governance Changes
PRESIDIO PRODUCTION Co: Ceased to be a shell company upon closing of business combination (effective 2026-03-04).
“As a result of the Business Combination, the Company ceased to be a shell company upon the Closing.”
Governance Changes
PRESIDIO PRODUCTION Co: Adopted new code of business conduct and ethics (effective 2026-03-04).
“on March 4, 2026, the Board approved and adopted a new code of business conduct and ethics that applies to all of its directors, executive officers and other employees”
Governance Changes
PRESIDIO PRODUCTION Co: Adopted amended and restated bylaws in connection with business combination (effective 2026-03-04).
“the Company filed the Certificate of Incorporation with the Secretary of State of the State of Delaware and amended and restated the Company’s bylaws”
Governance Changes
PRESIDIO PRODUCTION Co: Filed Certificate of Incorporation in connection with business combination (effective 2026-03-04).
“On the Closing Date, in connection with the consummation of the Business Combination, the Company filed the Certificate of Incorporation with the Secretary of State of the State of Delaware and amended and restated the Company’s bylaws”
Material Agreements
PRESIDIO PRODUCTION Co entered into Credit Agreement with Citizens Bank, N.A., as administrative agent, and the lenders from time to time party thereto valued at $65.0 million (effective 2026-03-04).
“On March 4, 2026, Presidio Borrower LLC, a wholly owned subsidiary of the Company (“Presidio Borrower”), entered into a senior secured revolving credit agreement (the “Credit Agreement”) among Presidio Borrower, as borrower, Citizens Bank, N.A., as administrative agent, and the lenders from time to time party thereto.”
Material Agreements
PRESIDIO PRODUCTION Co entered into Warrant Agreement Amendment and Assignment with EQV and Continental Stock Transfer & Trust Company.
“On the Closing Date, the Company entered into the Assignment, Assumption and Amendment Agreement (the “Warrant Agreement Amendment and Assignment”), by and among the Company, EQV and Continental Stock Transfer & Trust Company (“Continental”).”
Material Agreements
PRESIDIO PRODUCTION Co entered into A&R LLC Agreement with EQV Holdings.
“On the Closing Date, in connection with the Business Combination, EQV Holdings’ existing limited liability company agreement was amended and restated (the “A&R LLC Agreement”)”
Material Agreements
PRESIDIO PRODUCTION Co entered into Registration and Stockholders' Rights Agreement with EQVR Intermediate, certain equityholders of PIH, certain members of the Company’s management and the Sponsor (collectively, the "Registration Rights Parties"), EQV, EQV Holdings.
“On the Closing Date, in connection with the Business Combination, EQVR Intermediate, certain equityholders of PIH, certain members of the Company’s management and the Sponsor (collectively, the “Registration Rights Parties”), EQV, EQV Holdings, and the Company entered into a registration and stockholders’ rights agreement (the “Registration and Stockholders’ Rights Agreement”).”
Debt Financings
PRESIDIO PRODUCTION Co incurred revolving credit of $65.0 million with Citizens Bank, N.A. at Term SOFR plus an applicable margin ranging from 300 to 400 basis points maturing four years from the effective date thereof.
“On March 4, 2026, Presidio Borrower LLC, a wholly owned subsidiary of the Company (“Presidio Borrower”), entered into a senior secured revolving credit agreement (the “Credit Agreement”) among Presidio Borrower, as borrower, Citizens Bank, N.A., as administrative agent, and the lenders from time to time party thereto.”
M&A Transactions
PRESIDIO PRODUCTION Co completed an acquisition involving EQV Resources LLC (closed 2026-03-04).
“Also on the Closing Date, the Company acquired all of the issued and outstanding equity interests of EQV Resources LLC, a Delaware limited liability company (“EQVR”), via merger (the “EQVR Merger”)”
M&A Transactions
PRESIDIO PRODUCTION Co underwent a change of control involving EQV Ventures Acquisition Corp. (closed 2026-03-04).
“On March 4, 2026 (the “Closing Date”), Presidio Production Company (f/k/a Presidio PubCo Inc.), a Delaware corporation (the “Company” or “Presidio”), consummated the previously announced business combination (the “Closing”) pursuant to the Business Combination Agreement, dated August 5, 2025 (the “Business Combination Agreement”), by and among EQV Ventures Acquisition Corp., a Cayman Islands exempted company (“EQV”), the Company, Prometheus PubCo Merger Sub Inc., a Delaware corporation a (“EQV Merger Sub”), Prometheus Holdings LLC, a Delaware limited liability company (“EQV Holdings”), Prometheus Merger Sub LLC, a Delaware limited liability company (“Presidio Merger Sub”), and Presidio Investment Holdings LLC, a Delaware limited liability company (“PIH”).”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.