Battalion Oil acquires 7,090 net acres in Ward County, Texas for 485,000 shares

BATTALION OIL CORP

All-stock deal: 485,000 shares of BATL common stock to Sundown for 7,090 acres contiguous to Monument Draw.
Adds 30 high-quality net drilling locations targeting Wolfcamp A, Wolfcamp B, and 3rd Bone Spring.
Includes interest in an existing Battalion-operated well; estimated value ~$700K at 10% NPV.
Expected close on or before March 24, 2026; effective date March 1, 2026.
Previously partnered under a JV; Battalion has drilled and evaluated the acreage, giving high subsurface confidence.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

BATTALION OIL CORP entered into Purchase and Sale Agreement with RoadRunner Resource Holding LLC (formerly Sundown Energy LP) (effective 2026-03-10).

Action: entry
Agreement: asset purchase
Counterparty: RoadRunner Resource Holding LLC (formerly Sundown Energy LP)
Effective: 2026-03-10

Exact text from the filing

On March 10, 2026, Battalion Oil Corporation (the “ Company ”), together with a wholly owned subsidiary, entered into a Purchase and Sale Agreement (the “ PSA ”) with RoadRunner Resource Holding LLC (formerly Sundown Energy LP) (“ Sundown ”) to acquire approximately 7,090 net acres of oil and gas assets located in Ward County, Texas (the “ Assets ”).

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BATTALION OIL CORP filing history →

Source: SEC EDGAR

accession 0001104659-26-027240

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