Presidio Production Selling Stockholders Offer 1.96M Class A Shares

Presidio Production Company's Selling Stockholders are offering up to 1,962,240 shares of Class A Common Stock through a preliminary prospectus. These shares were originally issued as consideration for the company's acquisition of certain oil and gas leases and assets in the Canyon Creek Acquisition. Presidio Production will not receive any proceeds from this secondary offering, which is being conducted to satisfy registration rights granted to the Selling Stockholders. The company's Class A Common Stock trades on the NYSE under the symbol "FTW", with a recent closing price of $11.61 per share.