secwatch.observer — SEC 8-K summary
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Issuer:     BATTALION OIL CORP (BATL)
CIK:        0001282648
Form:       8-K
Filed at:   2025-12-22T23:59:59+00:00
Accession:  0001104659-25-123349
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

Battalion Oil agrees to sell West Quito Draw properties for $62.59M
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- Sale includes ~6,207 net acres in Ward County, Texas; proved reserves of ~8 MMBoe (12.4% of 2024 year-end).
- Purchase price subject to adjustments; $6.26M deposit placed into escrow.
- Expected close in Q1 2026; termination date March 26, 2026 if conditions not met.
- Net proceeds to repay Senior Secured Credit Agreement and fund potential acquisitions or drilling.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1282648/000110465925123349/0001104659-25-123349-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1282648/000110465925123349/batl-20251218x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-123349

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