Brief: Presidio Executes Purchase Agreements For Canyon Creek Acquisition
08/05/2026 13:05
May 8 (Reuters) - Presidio Production Co FTW.N: PRESIDIO EXECUTES PURCHASE AGREEMENTS FOR CANYON CREEK ACQUISITION PRESIDIO PRODUCTION CO - EXECUTES AGREEMENTS TO BUY CANYON CREEK ASSETS FOR $83 MILLION PRESIDIO PRODUCTION CO - DEAL FUNDED WITH $60 MILLION CASH AND 2.2 MILLION PRESIDIO SHARES PRESIDIO PRODUCTION CO - DEAL EXPECTED TO SUPPORT ANNUAL DIVIDEND INCREASE TO $1.50 PER SHARE PRESIDIO PRODUCTION CO - CASH FUNDED USING $1.0 BILLION GOLDMAN SACHS ABS WAREHOUSE FACILITY, AND CASH ON HAND Source text: ID:nBw5x88Pja Further company coverage: FTW.N ((Reuters.Briefs@thomsonreuters.com;))
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