BATL 8-K
Battalion Oil Corp (BATL)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
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Item 7.01 | Regulation FD Disclosure |
On January 23, 2026, Battalion Oil Corporation (the “Company”) issued a press release announcing several operational updates related to its gas treating arrangements and production performance. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
Exhibit 99.1 shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and will not be incorporated by reference into any registration statement filed under the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated therein by reference.
Item 8.01 | Other Events |
On January 19, 2026, the Company terminated its Gas Treating Agreement (“GTA”) with Wink Amine Treater, LLC (“WAT”) following the continued cessation of operations at WAT’s acid gas injection (“AGI”) facility, which has remained offline since on or about August 11, 2025. Pursuant to the terms of the GTA, the Company exercised its contractual right to terminate the agreement due to the continued interruption in service.
Following termination of the GTA, the Company entered into an agreement with a publicly traded large‑cap midstream provider to process the Company’s gas production at an alternative facility. The Company has utilized this provider since the AGI facility went offline, and a significant facility expansion completed in the fourth quarter of 2025 now enables the provider to process substantially all of the Company’s gas volumes from the Monument Draw Field.
As expanded capacity became available, the Company increased production volumes directed to this alternate processing facility throughout late December 2025 and January 2026. Most recently, the facility has processed more than 30 MMcf/d of the Company’s gas production, compared to a December average of approximately 17.4 MMcf/d. This increased processing capability has enhanced flow assurance and operational reliability and has resulted in an increase in the Company’s average oil production of approximately 1,200 net barrels of oil per day month‑to‑date in January 2026 compared to the Company’s December average.
Item 9.01 | Financial Statements and Exhibits. |
(d)Exhibits. The following exhibits are furnished as part of this Current Report on Form 8-K:
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99.1 | Press Release issued by Battalion Oil Corporation dated January 23, 2026. | |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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January 23, 2026 | By: | /s/ Matthew B. Steele |
| Name: | Matthew B. Steele |
| Title: | Chief Executive Officer |
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Exhibit 99.1
Battalion Oil Corporation Announces
Operational Update
HOUSTON, Texas, Jan. 23, 2026 (GLOBE NEWSWIRE) – Battalion Oil Corporation (NYSE American: BATL) (“Battalion” or the “Company”) today announced several operational updates related to its gas treating arrangements and production performance.
Key Highlights
| ◾ | Termination of Gas Treating Agreement (“GTA”) with Wink Amine Treater, LLC (“WAT”) related to its acid gas injection facility (“AGI Facility”). |
| ◾ | Entry into a gas treating agreement with a publicly traded large-cap midstream company. |
Management Comments
The WAT AGI Facility ceased operations on or about August 11, 2025 and remains out of service. Due to the cessation of operations, Battalion has exercised its contractual rights to terminate the GTA with WAT.
Subsequent to this termination, the Company has entered into an agreement with a publicly traded large-cap midstream provider to process Battalion’s gas at an alternate processing facility. Battalion has been utilizing this midstream partner since the AGI Facility went offline. Due to a significant facility expansion completed in the fourth quarter of 2025, this provider is now able to process substantially all of the Company’s gas volumes from its Monument Draw Field.
In conjunction with this facility expansion, Battalion has continued to ramp production into this alternate processing facility throughout late December and January. Most recently, the facility has been processing more than 30 MMcf/d of Battalion’s gas production, compared to a December average of approximately 17.4 MMcf/d.
This increase in processing capability has allowed the Company to benefit from additional flow assurance and operational reliability, resulting in an increase in Battalion’s average oil production of approximately 1,200 net barrels of oil per day month-to-date in January as compared to the Company’s December average.
Forward Looking Statements
This press release includes forward-looking statements as defined by U.S. securities laws. These statements are not historical facts and often include words like “expects,” “believes,” “plans,” “estimates,” “may,” “will,” or similar expressions. They cover topics such as future production, financial condition, capital spending, and strategic plans. These statements are based on current expectations and involve risks and uncertainties that could cause actual results to differ significantly. Key risks are described in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, and other filings with the Securities and Exchange Commission (SEC), available at www.sec.gov or on the Company’s website at www.battalionoil.com. Readers are cautioned not to rely too heavily on these forward-looking statements, which speak only as of the date of this release. The Company does not undertake any obligation to update these statements in light of new information or future events.
About Battalion
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.
Contact
BATTALION OIL CORPORATION
Matthew B. Steele
Chief Executive Officer
832-538-0300 | www.battalionoil.com