Battalion Oil Corp（BATL）のニュースとイベントBATLBattalion Oil Corp

Battalion Oil Appoints John Juneau to Board of Directors

Battalion Oil announced that John "Brad" Juneau has joined its Board of Directors, effective September 30, 2026. In connection with Juneau's appointment as an independent director, the Company's Board of Directors was expanded to five members.

Battalion Oil Invests in Collide Industrial Technologies and Becomes Strategic Partner

Battalion Oil announced an equity investment in Collide Industrial Technologies and "Strategic Partner" designation. Collide provides an AI-native operations system purpose-built for oil and gas that automates high-value engineering and operational workflows across upstream, midstream, and oilfield services sectors. The system is designed to reduce operating costs, compress cycle times, and unlock critical data trapped in legacy systems. In conjunction with its equity investment in Collide, Battalion was designated a Strategic Partner, with priority access to the Collide Operations System and product advisory rights. Purpose-built for oil and gas, Collide understands the industry's data, language and workflows in ways general-purpose AI tools do not. As part of its broader AI strategy, Battalion is exploring development of a large-scale data center on Company-owned surface acreage in West Texas, leveraging existing power, water, and natural gas infrastructure The investment will be financed from balance sheet cash and is consistent with the Company's ongoing effort to improve its financial and operating position while pursuing measured, accretive growth, and high ROI initiatives. The financial terms of the investment were not disclosed.

Battalion Oil Signs LOI for Joint Development Agreement

Battalion Oil announced the execution of a letter of intent, or LOI, with an unaffiliated industry partner outlining the key terms of a Joint Development Agreement, JDA. Highlights include: Executed a LOI with an unaffiliated industry partner contemplating a JDA for an up to eight-well Monument Draw program that would provide shared capital and an accretive carry to Battalion while accelerating development of core inventory; Battalion would continue to operate the wells and retain a majority working interest in the program; Development targets the 3rd Bone Spring, Wolfcamp A, and Wolfcamp B formations in Monument Draw, building on the Company's recently announced expansion of sour gas compression capacity in Monument Draw; This drilling program is expected to deliver very attractive returns and prove out extensive additional drilling locations; Development transitions Battalion's operations to cube development across its primary benches, mirroring the successful co-development approach demonstrated by offset operators in the area and designed to maximize recovery and capital efficiency across the stacked-pay column; This is a key step in our progress toward a multi-year drilling program to generate significant shareholder value. Separately, the Company is also negotiating an accretive refinance of long-term debt and an oil transport and marketing partnership to further enhance the corporate benefit of this JDA.