Battalion Oil Corp. today announced financial and operating results for the fourth quarter of 2025. Key Highlights Generated full-year sales volumes of 12,096 barrels of oil equivalent per day Year-end 2025 proved reserves of approximately 59.7 million barrels of oil equivalent with a standardized measure of discounted future net cash flows of approximately $343.5 million at SEC price deck Terminated GTA with AGI [...]
Battalion Oil Corp. today announced that it has closed its previously announced Purchase and Sale Agreement to acquire certain oil and gas assets comprising 7,090 net acres in Ward County, Texas from RoadRunner Resource Holding LLC . The deal was completed as an all-stock transaction, with Battalion issuing 485,000 shares of its common stock to Sundown in exchange for the Acquired Acreage, subject to customary closing [...]
Battalion Oil Corp. today announced that it has entered into a Purchase and Sale Agreement to acquire certain oil and gas assets, comprising 7,090 net acres located in Ward County, Texas , from RoadRunner Resource Holding LLC , in an all-stock transaction. Under the terms of the PSA, Battalion will issue 485,000 shares of its common stock to Sundown in exchange for the Assets. The acquired leases directly adjoin [...]
Battalion Oil Corp. today announced that it has entered into a definitive agreement to raising approximately $15 million at a price of $5.50 per share of common stock and or common stock equivalents in lieu thereof in the form of a prefunded warrant with a new fundamental institutional investor. Roth Capital Partners served as sole placement agent. After the placement agent fees and estimated offering expenses payable by [...]
Battalion Oil Corp. today announced several operational updates related to its gas treating arrangements and production performance. Key Highlights Termination of Gas Treating Agreement with Wink Amine Treater, LLC related to its acid gas injection facility . Entry into a gas treating agreement with a publicly traded large-cap midstream company. Management Comments The WAT AGI Facility ceased operations on or about August [...]
Battalion Oil Corp. today announced financial and operating results for the third quarter of 2025. Key Highlights Generated third quarter 2025 sales volumes of 12,293 barrels of oil equivalent per day AGI facility remains out of service Gas Production is being treated by third party The Company has entered into an amendment of its existing credit facility allowing additional operational flexibility The Company continues [...]
Battalion Oil Corp. today announced that it received notice from the NYSE American LLC confirming acceptance of the Company's Plan to regain compliance with its continued listing standards, including granting a Plan period through November 30, 2026, for the Company to execute its compliance strategy. As previously disclosed in the Company's Current Report on Form 8-K filed on June 2, 2025, Battalion received a notice from [...]
Battalion Oil Corp. today announced financial and operating results for the second quarter of 2025. Key Highlights Generated second quarter 2025 sales volumes of 12,989 barrels of oil equivalent per day Continued to lower capex per well, outperforming AFE estimates Completed drilling operations on final two wells of 2025 six-well plan - wells online July 5, 2025 AGI facility ceased operations effective August 11, 2025 [...]
Battalion Oil Corp. today announced financial and operating results for the first quarter of 2025. Key Highlights Generated first quarter 2025 sales volumes of 11,900 barrels of oil equivalent per day Continued to lower capex per well, outperforming AFE estimates AGI facility online and treated 1.6 Bcf for the first quarter of 2025 Commenced drilling operations on final two wells of 2025 six-well plan Management Comments [...]
Battalion Oil Corp. today announced financial and operating results for the fourth quarter of 2024. Key Highlights Completed the refinancing of our term loan on favorable terms resulting in an increase in liquidity Generated full-year sales volumes of 12,667 barrels of oil equivalent per day Continued to lower capex per well, outperforming AFE estimates AGI facility online and treated 1.8 Bcf for the fourth quarter of [...]
Battalion Oil Corp. announced today that it has terminated the previously disclosed Agreement and Plan of Merger with Fury Resources, Inc. . As of this morning, Fury was not able meet the obligations and close the transaction contemplated by the Merger Agreement. Over the past year, in order to facilitate the transaction, the Company and Fury entered into numerous amendments to the terms of the Merger Agreement. In [...]
Battalion Oil Corp. today announced financial and operating results for the third quarter of 2024. Key Highlights AGI facility online and treated 1.7 Bcf for the third quarter 2024 Vermejo has been completed and is flowing back Next Monument Draw pad wells scheduled to spud prior to year-end Generated third quarter 2024 sales volumes of 12,076 Boe/d Amended the previously announced Merger Agreement with Fury reducing the [...]