Operator · Eaglebine/Woodbine, Tuscaloosa Marine Shale (TMS) & Utica Shale
Battalion Oil Corp.
80 articles mentioning Battalion Oil Corp. · Page 1 of 4
Battalion Oil Closes ~$60M West Quito Draw Asset Sale
Battalion Oil Corporation has closed the sale of its West Quito Draw assets in the Southern Delaware Basin to MCM Delaware Resources LLC, a subsidiary of MCM Energy Partners, for approximately $62.59 million in cash. The...
Battalion Oil to sell West Quito Draw assets to MCM Delaware Resources for $62.6MM
Battalion Oil has agreed to sell its West Quito Draw assets in the Southern Delaware Basin to MCM Delaware Resources, LLC for approximately $62.6 million, according to a recent company filing. The divestiture includes substantially all...
Battalion terminated its merger with Fury Resources
Battalion (BATL) terminated its merger with Fury Resources after Fury failed to deliver equity financing and close. The Dec 27, 2024 special meeting was cancelled. Why it fell apart Fury “was not able to meet the...
Map : $12 Billion Plus in Permian Assets For Sale; Who are Will be the Buyers?
Delaware Basin E&P on the Market Denver-based Franklin Mountain Energyreportedly exploring a sale of it's permian Basin assets valued at $3 billion. Led by refining billionaire Paul Foster, Bloomberg reported on Wednesday that sources close to...
Battalion Oil Corporation First Quarter 2023 Results
Battalion Oil Corporation announced first quarter 2023 results. Highlights Substantial progress on acid gas treating facility as we ramp up gas delivery toward bringing the facility fully online Generated first quarter 2023 sales volumes of 16,200...
Battalion Oil Corp. Second Quarter 2022 Results
Battalion Oil Corp. announced financial and operating results for the second quarter 2022. Key Highlights: First five wells of 2022 capital program put online during quarter and continued one-rig program with spudding of next three well...
Battalion Oil Corp. First Quarter 2022 Results
Battalion Oil Corp. announced financial and operating results for the first quarter 2022. Key Highlights: Meeting or exceeding performance targets on drilling and completion activities year to date Mitigating cost increases and material shortages through increased...
Battalion Oil Details 2022 Preliminary Capital Plan; Capex, Wells, Rigs
Battalion Oil Corp. released its preliminary 2022 capital plan and production guidance. 2022 Plan - Capex: $130-150 million D&C: $117-135 million (90%) Other: $13-15 million (10%) - Rigs Running: 1 rig running - Well Plans (net):...
Battalion Oil Corp. Secures Credit Line of $235 Million
Battalion Oil Corp. has closed an agreement with a group of lenders for a new first lien delayed draw term loan facility for up to $235 million bearing interest of LIBOR plus 7.00% on drawn amounts....
Battalion Oil Corp. Third Quarter 2021 Results
Battalion Oil Corp. announced results of operations for the third quarter 2021 and provided an update on 2021 guidance for capital expenditures. Highlights: Reported average daily production of 17,728 Boepd during third quarter 2021, a 14%...
Battalion Oil Corp. Second Quarter 2021 Results
Battalion Oil Corp. announced results of operations for the second quarter 2021. Highlights: Completed and put online two new wells in Monument Draw during the quarter 2021 capital program largely complete – 6 wells put online...
Battalion Oil Corp. First Quarter 2021 Results
Battalion Oil Corporation (NYSE American: BATL, "Battalion" or the "Company") today announced results of operations for the first quarter 2021. Highlights: Completed four DUCs and spud two new wells in Monument Draw during the quarter Improved...
Battalion IDs 2021 Capital Plan; Production Flat
Battalion Oil Corp. announced results of operations for the fourth quarter and full year 2020. 2021 Guidance - Capex: $40-50 million D&C: $36-45 million - with 90% of its capital directed to drilling and completion activities...
Battalion Finalizes Sale of Delaware Basin Assets
Battalion Oil Corp. has completed the sale of certain of its Northern West Quito Assets to Point Energy Partners Operating, LLC for cash proceeds of $26.3 million. The divested Northern West Quito Assets accounted for less...
Battalion Oil Corp. Third Quarter 2020 Results
Battalion Oil Corp. announced its third quarter 2020 results. Q3 Production & Financials Average daily net production for the quarter ended September 30, 2020 was 17,076 Boe per day, of which oil represented 56%. Total revenue...
Battalion Oil Corp. Taps New CFO
Battalion Oil Corp. announced the appointment of Kevin Andrews as Executive Vice President, Chief Financial Officer and Treasurer of the Company effective August 17, 2020, replacing Ragan Altizer, who plans to retire from the oil and...
Battalion Oil Corp. Second Quarter 2020 Results
Battalion Oil Corp. announced its second quarter 2020 results. Q2 Highlights Decreased Adjusted G&A to $2.08/Boe in 1H 2020 vs $5.47/Boe in 1H 2019 (see Selected Operating Data table for additional information) Capital Expenditure of $43...
Battalion Oil Corp. First Quarter 2020 Results
Battalion Oil Corp. announced its first quarter 2020 results. Production Average daily net production for the quarter ended March 31, 2020 was 18,791 barrels of oil equivalent per day ("Boepd"), of which oil represented 10,297 barrels...
Battalion's Lender Cuts Borrowing Base to $200 Million
Battalion Oil Corp. has reported a change to its borrowing base. The company's lender, the Bank of Montreal (BMO), will be reducing Battalion's borrowing base to $200 million effective April 30, 2020. Additionally, the borrowing base...
Battalion Cuts 2020 Well Plans, Capex in Half; Talks Q4 Results
Battalion Oil Corp. reported results of operations for the three months and full year ended December 31, 2019. Updated 2020 Plans Battalion had planned to spend between $123 and $138 million to keep one rig active...