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Battalion Oil

#8505

Rank

$186.45M

Marketcap

US United States

Country

Battalion Oil
Leadership team

Mr. Richard H. Little P.E. (CEO & Director)

Mr. R. Kevin Andrews (Exec. VP, CFO & Treasurer)

Mr. Daniel P. Rohling (Exec. VP & COO)

Products/ Services
Energy, Industrial, Oil and Gas
Number of Employees
50 - 100
Headquarters
Houston, Texas, United States
Established
2004
Company Registration
SEC CIK number: 0001282648
Net Income
20M - 100M
Revenue
100M - 500M
Traded as
BATL
Social Media
Overview
Location
Summary
Battalion Oil Corporation, an independent energy company, engages in the acquisition, production, exploration, and development of onshore oil and natural gas assets in the United States. As of December 31, 2021, the company held interests in 40,400 net acres in the Delaware Basin located in the counties of Pecos, Reeves, Ward, and Winkler, Texas. It also had estimated proved reserves of approximately 95.9 million barrels of oil equivalent comprising 58.7 million barrels of crude oil, 16.3 million barrels of natural gas liquids, and 125.0 billion cubic feet of natural gas. The company was formerly known as Halcón Resources Corporation and changed its name to Battalion Oil Corporation in January 2020. Battalion Oil Corporation was founded in 1987 and is headquartered in Houston, Texas.
History

Battalion Oil was founded in 2005 by Jeff Garrison, the current CEO. Originally providing contract services to oil operators in the Gulf Coast region, Battalion diversified its services to include geological, engineering, and oilfield consulting under subsidiary Travers Associates. In 2008, Battallion negotiated a joint venture with EPCOR USA to develop a large acreage position in the Cardenas/Buckeye field of the Permian Basin. This move marked the company's transition from service provider to a full-fledged exploration and production company.

Mission
Battalion Oil is committed to providing superior value and service to our customers, building long-term relationships, and creating a safe and profitable work environment.
Vision
At Battalion Oil, our vision is to be a leading independent energy exploration and production company, delivering superior value to our customers and shareholders.
Key Team

John-Davis Rutkauskas (Director of Corp. Fin. & Investor Relations)

Ms. Leah R. Kasparek (Sr. VP of HR & Admin. and Sec.)

Mr. Walter Randolph Mayer (VP of Legal)

Mr. Grant R. Evans (VP of Exploration & Geoscience)

Recognition and Awards
Battalion Oil was recognized as an exemplary employer for its commitment to environmental, health, and safety standards. It is also a long-time member of the National Association of Corporate Directors and was honored as one of the top 50 independent operators in 2016 by the Oil and Gas Investor Magazine.
References

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Battalion Oil
Leadership team

Mr. Richard H. Little P.E. (CEO & Director)

Mr. R. Kevin Andrews (Exec. VP, CFO & Treasurer)

Mr. Daniel P. Rohling (Exec. VP & COO)

Products/ Services
Energy, Industrial, Oil and Gas
Number of Employees
50 - 100
Headquarters
Houston, Texas, United States
Established
2004
Company Registration
SEC CIK number: 0001282648
Net Income
20M - 100M
Revenue
100M - 500M
Traded as
BATL
Social Media