---
title: "Presidio Production closes USD 83 million Canyon Creek asset acquisition"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292112972.md"
description: "Presidio Production closed the $83 million acquisition of Canyon Creek assets from Vortus Investments-controlled sellers, marking its entry into the Arkoma Basin. The deal includes net PDP output of approximately 21 MMcfe/d from 55 wells. Funded via a $55 million draw from a Goldman Sachs-led ABS warehouse facility, Presidio expects to raise its annualized dividend rate to $1.50 per share from $1.35, subject to board approval."
datetime: "2026-07-08T20:40:15.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292112972.md)
  - [en](https://longbridge.com/en/news/292112972.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292112972.md)
generator: "portal-rs"
---

# Presidio Production closes USD 83 million Canyon Creek asset acquisition

-   Presidio Production closed its acquisition of the Canyon Creek assets from Vortus Investments-controlled sellers for about $83 million. \* Deal marks its first entry into the Arkoma Basin; net PDP output about 21 MMcfe/d from 55 wells, 11% annual decline. \* Transaction funded with a first draw of $55 million under an ABS warehouse facility of up to $1 billion led by Goldman Sachs. \* Company expects the deal to support raising its annualized dividend rate to $1.5 per share from $1.35, subject to board action. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Presidio Production Company published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-076399), on July 08, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**