Presidio to Acquire Arkoma Basin Assets for $80M

Fort Worth, TX, Feb. 24, 2026 - Presidio Investment Holdings LLC ("Presidio"), a differentiated oil and gas operator, and EQV Ventures Acquisition Corp. (NYSE: FTW), a special purpose acquisition company, announced that Presidio has entered into a Letter of Intent (LOI) to acquire certain producing assets in the Arkoma Basin for $80 million from companies controlled by Vortus Investments.

This acquisition, subject to customary due diligence and definitive documentation, is a significant strategic move as Presidio prepares to complete its previously announced business combination with EQV. Presidio intends to fund a portion of the Acquisition with cash on hand, funds from its recently announced Goldman Sachs ABS Warehouse Facility, and approximately $20 million of Presidio equity provided to the seller. The negotiation of definitive documentation, signing, and closing are anticipated to occur within the second quarter of 2026.

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