Battalion Oil Corporation Announces Operations and Financial Update
Battalion Oil(BATL) Newsfilter·2024-01-29 14:00Houston, Texas, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Battalion Oil Corporation (NYSE American: BATL, "Battalion" or the "Company") today announced certain financial and operating updates. Key Highlights Acid gas injection ("AGI") well is projected to be injecting by end of the first quarter 2024Recent two well pad was drilled and completed under budget and the wells have IP'd above type curve at 1,964 BOEPD and 1,711 BOEPD respectively (71% oil) with production still incliningApproximately $61MM cash on hand t ...