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Presidio Petroleum is set to go public through a business combination with EQV Ventures Acquisition Corp. The combined company, Presidio Production Company, will focus on optimizing, acquiring, and producing oil and natural gas. Presidio expects to initiate a $1.35/share annual common dividend (13.5% expected dividend yield at $10.00/share) after closing. The company has an experienced management team and is expected to have net production of 26 Mboe/d in 2025 with an 8% base decline rate.
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