secwatch.observer — SEC 8-K summary
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Issuer:     BATTALION OIL CORP (BATL)
CIK:        0001282648
Form:       8-K
Filed at:   2026-02-25T23:59:59+00:00
Accession:  0001104659-26-019336
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Battalion Oil completes $60.1M sale of West Quito assets; to prepay $40M debt
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- Sold West Quito Draw assets in Ward County, TX for ~$60.1M cash; effective Dec 1, 2025.
- Net proceeds used to mandatory prepay $40M of outstanding loans under credit agreement.
- Remaining proceeds may be reinvested in capex for operated assets under amended credit agreement.
- Sale represents ~12.4% of year-end 2024 proved reserves (8 MMBoe).
- Credit agreement amended to consent to sale, require prepayment; lenders waived default.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1282648/000110465926019336/0001104659-26-019336-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1282648/000110465926019336/batl-20260224x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-019336

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