Battalion Oil Corp.

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 [...]

Battalion Oil Corp. announced today that it has entered into an amendment to the previously disclosed Agreement and Plan of Merger with Fury Resources, Inc. , pursuant to which Parent has agreed to acquire all of the outstanding shares of Common Stock of the Company for $7.00 per share in cash, without interest . The holders of all of the outstanding shares of the Preferred Stock of the Company, Luminus Management, LLC [...]

Battalion Oil Corp. today announced financial and operating results for the second quarter of 2024. Key Highlights AGI facility online and treated 1.82 Bcf for the second quarter 2024 reducing operating expenses by $4.26/Boe compared to the first quarter 2024 On August 12, 2024, the AGI facility processed 26.6 MMcf/d which allowed the Company to return wells to production and realize approximately 7,500 Bbls of oil per [...]

Battalion Oil Corp. today announced financial and operating results for the first quarter of 2024. Key Highlights Previously announced AGI project online in Q1 2024 and achieved new record of 32 MMcf/d of throughput Drilled and completed two wells in Monument Draw in Q1 2024 Generated first quarter 2024 sales volumes of 12,989 barrels of oil equivalent per day Executed a $20.0 million preferred equity raise in March 2024 [...]

Battalion Oil Corp. today announced financial and operating results for the fourth quarter of 2023. Key Highlights Approximately 41,000 net acres, 91% HBP in three contiguous blocks across Ward, Winkler and Pecos Counties with substantial remaining location inventory Brought previously announced AGI project online in Q1 2024 treating over 20 MMcf/d Recommenced drilling operations in Monument Draw in Q4 2023 to execute a [...]