# PRESIDIO PRODUCTION Co (FTW-WT) — capital_raise [completed]
Source: SEC API (secapi.ai) · situation sit_8022e656f07600fc1db2 · retrieved 2026-08-11T15:52:10.835Z

## Overview
Presidio Production Company is a crude oil and natural gas exploration and production company that acquires oil and gas leases, mineral interests, and related assets in Oklahoma.

On July 1, 2026, Presidio Production Company completed the acquisition of oil and gas properties and assets from six seller parties (Canyon Creek Energy - Arkoma, LLC; Alchemist Energy LeaseCo, LP; Pivotal Arkoma Basin II, LLC; East Dennis Oil Company, LLC; Harvard Petroleum Company, LLC; and FBF Energy, LLC) pursuant to purchase and sale agreements dated May 7, 2026. The company paid aggregate cash consideration of approximately $52.5 million and issued 1,930,156 shares of Class A common stock to the seller parties. The acquired assets consist of oil and gas leases, mineral interests, wells, and related equipment located in Oklahoma.

## Terms
- Counterparty: 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 · Deal value: $52.5M · Consideration: mixed

## Key dates
- Expected close 2026-07-01 · Completed 2026-07-08

## Timeline
- 2026-07-08 · 8-K (0001213900-26-076399): Presidio Production completes $52.5M oil & gas asset acquisition; issues 1.93M shares — *Presidio Production Company is a crude oil and natural gas exploration and production company that acquires oil and gas leases, mineral interests, and related assets in Oklahoma.* On July 1, 2026, Presidio Production Company completed the acquisition of oil and gas properties and assets from six seller parties (Canyon Creek Energy - Arkoma, LLC; Alchemist Energy LeaseCo, LP; Pivotal Arkoma Basin II, LLC; East Dennis Oil Company, LLC; Harvard Petroleum Company, LLC; and FBF Energy, LLC) pursuant to purchase and sale agreements dated May 7, 2026. The company paid aggregate cash consideration of approximately $52.5 million and issued 1,930,156 shares of Class A common stock to the seller parties. The acquired assets consist of oil and gas leases, mineral interests, wells, and related equipment located in Oklahoma.
  https://www.sec.gov/Archives/edgar/data/2083125/0001213900-26-076399.txt

## Citations
- 0001213900-26-076399 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026076399