Battalion Oil reports Q3 results; amends Fury merger to $7.00/share, special meeting Nov 19

BATTALION OIL CORP

Q3 net income $5.6M ($0.34/share); adjusted diluted net loss $1.31/share.
Revenue $45.3M, production 12,076 Boe/d (52% oil), down from $54.1M and 12,717 Boe/d YoY.
Merger agreement amended: Fury to acquire all shares for $7.00 cash; preferred holders roll 100% equity to Parent.
Special meeting of stockholders set for Nov 19, 2024 to vote on merger.
AGI facility processed 1.7 Bcf in Q3; Vermejo two-well pad flowing back.

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