{"filing":{"accession_number":"0001213900-26-076399","cik":"0002083125","ticker":"FTW-WT","company_name":"PRESIDIO PRODUCTION Co","form":"8-K","filing_date":"2026-07-08","report_date":null,"primary_document":"ea0297001-8k_presidio.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/2083125/000121390026076399/ea0297001-8k_presidio.htm"},"events":[{"id":16743,"run_id":14972,"accession_number":"0001213900-26-076399","anchor_item_number":"1.01","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.98,"summary":"Presidio Production Company completed the acquisition of Canyon Creek oil and gas properties and assets from multiple sellers (including Vortus Investments, Alchemist, Pivotal, East Dennis, Harvard, and FBF) for approximately $83 million in total consideration, consisting of approximately $52.5 million in cash and 1,962,240 shares of Class A common stock. The company characterized this as its second acquisition as a public company and the first use of its ABS Warehouse Facility.","company_name":"PRESIDIO PRODUCTION Co","ticker":"FTW-WT","filing_date":"2026-07-08","form":"8-K","submitted_at":null,"items":[{"id":14928,"accession_number":"0001213900-26-076399","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.98,"reasoning":"The filing discloses the completion of a material acquisition on July 1, 2026, whereby Presidio Production Company acquired oil and gas properties and assets from multiple seller parties (Canyon Creek, Alchemist, Pivotal, East Dennis, Harvard, and FBF) for approximately $52.5 million in cash plus 1,930,156 shares of Class A common stock. The press release confirms a total purchase price of approximately $83 million and describes this as \"the second of many expected acquisitions\" establishing a platform for future consolidation. This is a classic material acquisition transaction under Item 1.01.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-08T20:39:52.983416+00:00","company_name":"","ticker":null,"filing_date":""},{"id":14929,"accession_number":"0001213900-26-076399","item_number":"2.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.98,"reasoning":"The filing discloses the completion of Presidio's acquisition of Canyon Creek assets from Vortus Investments and other sellers for approximately $83 million. The press release explicitly states \"Presidio closes Canyon Creek acquisition\" and describes this as \"the second of many expected acquisitions\" and \"Presidio's second acquisition as a public company.\" This is a material acquisition event that would significantly affect investor assessment of the company's growth strategy and financial position.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-08T20:39:52.983416+00:00","company_name":"","ticker":null,"filing_date":""},{"id":14932,"accession_number":"0001213900-26-076399","item_number":"7.01","item_title":"Regulation FD Disclosure","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"The filing discloses the completion of Presidio's acquisition of Canyon Creek assets from Vortus Investments and other sellers for approximately $83 million. The press release explicitly states \"Presidio closes Canyon Creek acquisition\" and describes this as \"the second of many expected acquisitions\" and \"the first use of the Company's ABS Warehouse Facility.\" This is a material acquisition transaction that would affect a reasonable investor's assessment of the company's growth strategy and financial position.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-08T20:39:52.983416+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":16744,"run_id":14972,"accession_number":"0001213900-26-076399","anchor_item_number":"2.03","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"summary":"Presidio drew $55 million under its ABS Warehouse Facility led by Goldman Sachs with Citizens Bank participating at 40%, representing the company's first draw under this new debt financing arrangement that funded the Canyon Creek acquisition.","company_name":"PRESIDIO PRODUCTION Co","ticker":"FTW-WT","filing_date":"2026-07-08","form":"8-K","submitted_at":null,"items":[{"id":14930,"accession_number":"0001213900-26-076399","item_number":"2.03","item_title":"Creation of a","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"Item 2.03 discloses the creation of a direct financial obligation through the Company's first draw of $55 million under its ABS Warehouse Facility led by Goldman Sachs, with Citizens Bank joining at 40% participation. This represents a new debt financing arrangement that funded the Canyon Creek acquisition, making it a material debt issuance event.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-08T20:39:52.983416+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":16745,"run_id":14972,"accession_number":"0001213900-26-076399","anchor_item_number":"3.02","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"summary":"Presidio issued 1,962,240 shares of Class A common stock to the sellers as consideration for the Canyon Creek acquisition, undertaken in reliance on Section 4(a)(2) of the Securities Act.","company_name":"PRESIDIO PRODUCTION Co","ticker":"FTW-WT","filing_date":"2026-07-08","form":"8-K","submitted_at":null,"items":[{"id":14931,"accession_number":"0001213900-26-076399","item_number":"3.02","item_title":"Unregistered Sales of Equity Securities","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"Item 3.02 discloses an unregistered issuance of 1,962,240 shares of Class A common stock to the Sellers in connection with the Canyon Creek acquisition, undertaken in reliance on Section 4(a)(2) of the Securities Act. This is a dilutive equity issuance as consideration for an M\u0026A transaction, which materially affects existing shareholders' ownership percentage and is a key financing mechanism for the acquisition.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-08T20:39:52.983416+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":14928,"accession_number":"0001213900-26-076399","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.98,"reasoning":"The filing discloses the completion of a material acquisition on July 1, 2026, whereby Presidio Production Company acquired oil and gas properties and assets from multiple seller parties (Canyon Creek, Alchemist, Pivotal, East Dennis, Harvard, and FBF) for approximately $52.5 million in cash plus 1,930,156 shares of Class A common stock. The press release confirms a total purchase price of approximately $83 million and describes this as \"the second of many expected acquisitions\" establishing a platform for future consolidation. This is a classic material acquisition transaction under Item 1.01.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-08T20:39:52.983416+00:00","company_name":"PRESIDIO PRODUCTION Co","ticker":"FTW-WT","filing_date":"2026-07-08"},{"id":14929,"accession_number":"0001213900-26-076399","item_number":"2.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.98,"reasoning":"The filing discloses the completion of Presidio's acquisition of Canyon Creek assets from Vortus Investments and other sellers for approximately $83 million. The press release explicitly states \"Presidio closes Canyon Creek acquisition\" and describes this as \"the second of many expected acquisitions\" and \"Presidio's second acquisition as a public company.\" This is a material acquisition event that would significantly affect investor assessment of the company's growth strategy and financial position.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-08T20:39:52.983416+00:00","company_name":"PRESIDIO PRODUCTION Co","ticker":"FTW-WT","filing_date":"2026-07-08"},{"id":14930,"accession_number":"0001213900-26-076399","item_number":"2.03","item_title":"Creation of a","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"Item 2.03 discloses the creation of a direct financial obligation through the Company's first draw of $55 million under its ABS Warehouse Facility led by Goldman Sachs, with Citizens Bank joining at 40% participation. This represents a new debt financing arrangement that funded the Canyon Creek acquisition, making it a material debt issuance event.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-08T20:39:52.983416+00:00","company_name":"PRESIDIO PRODUCTION Co","ticker":"FTW-WT","filing_date":"2026-07-08"},{"id":14931,"accession_number":"0001213900-26-076399","item_number":"3.02","item_title":"Unregistered Sales of Equity Securities","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"Item 3.02 discloses an unregistered issuance of 1,962,240 shares of Class A common stock to the Sellers in connection with the Canyon Creek acquisition, undertaken in reliance on Section 4(a)(2) of the Securities Act. This is a dilutive equity issuance as consideration for an M\u0026A transaction, which materially affects existing shareholders' ownership percentage and is a key financing mechanism for the acquisition.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-08T20:39:52.983416+00:00","company_name":"PRESIDIO PRODUCTION Co","ticker":"FTW-WT","filing_date":"2026-07-08"},{"id":14932,"accession_number":"0001213900-26-076399","item_number":"7.01","item_title":"Regulation FD Disclosure","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"The filing discloses the completion of Presidio's acquisition of Canyon Creek assets from Vortus Investments and other sellers for approximately $83 million. The press release explicitly states \"Presidio closes Canyon Creek acquisition\" and describes this as \"the second of many expected acquisitions\" and \"the first use of the Company's ABS Warehouse Facility.\" This is a material acquisition transaction that would affect a reasonable investor's assessment of the company's growth strategy and financial position.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-08T20:39:52.983416+00:00","company_name":"PRESIDIO PRODUCTION Co","ticker":"FTW-WT","filing_date":"2026-07-08"}]}