Battalion Oil Corporation Announces Termination of Merger Agreement with Fury Resources, Inc. and Provides Operations Update [Yahoo! Finance]
Battalion Oil Corporation (BATL)
Company Research
Source: Yahoo! Finance
Battalion Oil Corporation is an independent energy company engaged in the acquisition, production, exploration and development of onshore oil and natural gas properties in the United States. Was this helpful? Yes No What is the current status of the merger agreement between Battalion Oil Corporation and Fury Resources, Inc.? The merger agreement has been terminated as Fury Resources, Inc. was unable to meet its obligations and close the transaction as required by the agreement. Despite numerous amendments to the terms of the Merger Agreement and commitments from the holders of the Company's preferred equity, Fury was unable to provide evidence of additional equity financing or to timely close the transaction. Was this helpful? Yes No What is the status of the acid gas injection (AGI) facility? The AGI facility has treated over 5.1 billion cubic feet (bcf) of sour gas and daily volumes have exceeded 30 million cubic feet per day (MMcf/d). The Company and its JV par
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News
- Battalion Oil Corporation Announces Termination of Merger Agreement with Fury Resources, Inc. and Provides Operations UpdateGlobeNewswire
- Battalion Oil Corporation Announces Third Quarter 2024 Financial and Operating ResultsGlobeNewswire
- Battalion Oil: +5% Arbitrage Spread With Short Timeline [Seeking Alpha]Seeking Alpha
- Battalion Oil: The Acquisition Attempt By Fury Resources May Finally Go Through [Seeking Alpha]Seeking Alpha
BATL
Sec Filings
- 12/20/24 - Form 8-K
- 11/26/24 - Form 8-K
- 11/22/24 - Form 4
- BATL's page on the SEC website