Presidio Production Company (NYSE: FTW) (Presidio), a yield-focused, differentiated oil and gas operator in the United States focused on the acquisition and optimization of producing oil and natural gas wells, without drilling, has announced the execution of definitive purchase and sale agreements to acquire the Canyon Creek assets for approximately US$83 million from companies controlled by Vortus Investments and additional sellers.
Latham & Watkins LLP advised Presidio on the transaction with a corporate deal team led by Houston partners John Stavinoha, Chris Heasley, and Nick Dhesi, with associates Robert Cunningham, Brock Jones, Morgen Seim, Josh Horn, and Graysen Mechler
