Remember in the early 80s when Microsoft and Apple crept into offices overnight and laid down the law as to how People on Planet Earth would be working from that moment forward? We knew then how technology could reset how the world works. Now, some 40 odd years later, a new tech era has reset strategies by natural gas producers, midstreamers, and newcomers—all hungry for a foothold in the power gen and data center world. Old basins are new again when natural gas becomes an electron hero. Such are those in the Midcontinent.

Reese Energy Consulting today is following recent news from the Midcontinent, where two more producers are making waves starting with Fort Worth-based Presidio Petroleum. Formed in 2017, Presidio recently announced it will say, “Hey, ya’ll” to public markets via a merger with EQV Ventures Acquisition Corp. According to Oklahoma Minerals, the combined enterprise is valued at $600 million and includes 2,000+ producing wells primarily in the Texas Panhandle along with assets in Okla., and Kan. The deal comes with production of 15 MBPD, 385+ MMCFD, and 33+ MBPD of NGLs. Meanwhile, newly formed, Okla. City-based Blackjack Natural Resources is alive and kicking with an equity commitment to start shopping for upstream assets in the Midcontinent.