{"version":"1.0","provider_name":"Market Newsdesk","provider_url":"https:\/\/www.marketnewsdesk.com","author_name":"Newsdesk","author_url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/","title":"Presidio Closes Canyon Creek Acquisition - Market Newsdesk","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"megBUz8mar\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/presidio-closes-canyon-creek-acquisition\/\">Presidio Closes Canyon Creek Acquisition<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/www.marketnewsdesk.com\/index.php\/presidio-closes-canyon-creek-acquisition\/embed\/#?secret=megBUz8mar\" width=\"600\" height=\"338\" title=\"&#8220;Presidio Closes Canyon Creek Acquisition&#8221; &#8212; Market Newsdesk\" data-secret=\"megBUz8mar\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script>\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/\/# sourceURL=https:\/\/www.marketnewsdesk.com\/wp-includes\/js\/wp-embed.min.js\n<\/script>\n","description":"Presidio Closes Canyon Creek Acquisition Expected dividend increase to $1.50 per share FORT WORTH, Texas&#8211;(BUSINESS WIRE)&#8211; Presidio Production Company (NYSE: FTW) (\u201cPresidio\u201d or the \u201cCompany\u201d) today announced the closing of its acquisition of the Canyon Creek assets (the \u201cTransaction\u201d) from companies controlled by Vortus Investments and additional sellers (the \u201cSellers\u201d). The closing marks the first use of the Company&#8217;s ABS Warehouse Facility of up to $1.0 billion, led by Goldman Sachs. The Transaction is Presidio&#8217;s second acquisition as a public company and its first in the Arkoma Basin. It establishes a platform for future consolidation under the Company&#8217;s land-and-expand strategy. The Company believes the Transaction will support an increase to its anticipated annualized dividend rate from $1.35 to $1.50 per &hellip; Continue reading \"\"","thumbnail_url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260701504808r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en"}