SPACInsider

Presidio and EQV Ventures: Optimizing Mature Oil & Gas Assets for Modern Returns


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Presidio CEO Will Ulrich and EQV Ventures CEO Jerry Silvey Discuss Their $664 Million Combination

How do you build a fast-growing oil and gas company without drilling single hole and without planning to at any point in the future? That may sound like a riddle, but it’s actually a business model that public investors will soon be able to invest in.

This week, we speak with Will Ulrich, CEO of energy firm Presidio and Jerry Silvey, CEO of EQV Ventures Acquisition Corp. (NYSE:EQV). The two announced a $664 million combination in August.

Will explains how Presidio has built a platform to acquire and optimize mature oil and gas assets and why he is confident that the company’s playbook will allow it to remain aggressive while still paying out a sizeable dividend as soon as it lists.

Jerry tells us how his team’s first SPAC has managed to secure institutional buy-in for its vision at each stage and why he believes the time to accelerate Presidio’s strategy is now.

 

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