Battalion Oil Announces Updated Drilling Program
Battalion Oil (NYSE American: BATL) said it executed definitive documentation for a joint development agreement in Monument Draw, Ward County, Texas, covering up to eight wells. Initial activity will be a four-well pad starting late Q2/early Q3 2026 targeting 3rd Bone Spring, Wolfcamp A and B. The company will operate wells with majority interest; investment is to be funded by cash. It also continues debt refinance and an oil transport/marketing partnership.