14 Aug 2024agm notice● Neutral
BATTALION OIL CORP announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
14 Aug 2024quarterly activities report▼ Bad
BATTALION OIL CORP reported quarterly revenue of $49.1 million and a net loss of $105 thousand for the period ended 2024-06-30.
20 June 2024substantial holder notice● Neutral
GEN IV INVESTMENT OPPORTUNITIES, LLC, LSP GENERATION IV, LLC, LSP INVESTMENT ADVISORS, LLC reported a BATTALION OIL CORP shareholding of 6,419,006 shares (31.30% of votes) in a periodic institutional filing.
20 June 2024substantial holder notice● Neutral
LUMINUS MANAGEMENT, LLC, LUMINUS ENERGY PARTNERS MASTER FUND, LTD, JONATHAN BARRETT reported a BATTALION OIL CORP shareholding of 16,661,693 shares (61.80% of votes) in a periodic institutional filing.
11 June 2024agm notice● Neutral
BATTALION OIL CORP announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
11 June 2024business combination▼ BadMajor
Rather than terminate after two missed financing deadlines, Battalion's board (on its special committee's recommendation) again extended Fury's runway, pushing the merger's outside date from June 12 to September 12, 2024 to give Fury more time to complete its equity financing.
4 June 2024director interest notice● Neutral
Charles E Martin became a BATTALION OIL CORP VP, Controller and company insider (initial ownership filing).
16 May 2024director interest notice● Neutral
BATTALION OIL CORP insider Brookfield Oaktree Holdings, LLC received a stock option grant for 6,376 shares.
15 May 2024director interest notice● Neutral
BATTALION OIL CORP insider Luminus Management LLC received a stock option grant for 9,835 shares.
15 May 2024director interest notice● Neutral
BATTALION OIL CORP insider Gen IV Investment Opportunities, LLC received a stock option grant for 3,789 shares.
15 May 2024substantial holder notice● Neutral
LUMINUS MANAGEMENT, LLC, LUMINUS ENERGY PARTNERS MASTER FUND, LTD, JONATHAN BARRETT reported a BATTALION OIL CORP shareholding of 16,661,693 shares (50.30% of votes) in a periodic institutional filing.
15 May 2024substantial holder notice● Neutral
OCM HLCN Holdings, L.P, Oaktree Fund GP, LLC, Oaktree Fund GP I, L.P, Oaktree Capital I, L.P, Brookfield OCM Holdings II, LLC, Brookfield OCM Holdings, LLC, Brookfield Oaktree Holdings, LLC, Oaktree Capital Group Holdings GP, LLC, Brookfield Corporation, BAM Partners Trust reported a BATTALION OIL CORP shareholding of 10,065,897 shares (44.67% of votes) in a periodic institutional filing.
15 May 2024agm notice● Neutral
BATTALION OIL CORP announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
15 May 2024substantial holder notice● Neutral
GEN IV INVESTMENT OPPORTUNITIES, LLC, LSP GENERATION IV, LLC, LSP INVESTMENT ADVISORS, LLC reported a BATTALION OIL CORP shareholding of 6,419,006 shares (28.10% of votes) in a periodic institutional filing.
15 May 2024director interest notice● Neutral
BATTALION OIL CORP insider Brookfield Oaktree Holdings, LLC received a stock option grant for 6,376 shares.
15 May 2024quarterly activities report▼ Bad
BATTALION OIL CORP reported quarterly revenue of $49.9 million and a net loss of $31.2 million for the period ended 2024-03-31.
15 May 2024quarterly activities report▼ Bad
BATTALION OIL CORP reported quarterly revenue of $49.9 million and a net loss of $31.2 million for the period ended 2024-03-31.
14 May 2024capital raising announcement▼ BadMajor
The insider group bought yet another $19.5 million of new Series A-4 Preferred Stock on the same terms, the fourth such round in eight months, underscoring how dependent Battalion had become on its three largest shareholders for liquidity while the Fury Resources take-private talks dragged on.
14 May 2024agm notice● Neutral
BATTALION OIL CORP announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
3 May 2024business combination● NeutralMajor
A week after missing its financing deadline, Fury had still not fully documented its financing but had lined up $160 million in equity-financing commitments (with $10 million already drawn into escrow) - real progress, though still short of what the merger agreement required.
3 May 2024agm notice● Neutral
BATTALION OIL CORP announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
29 Apr 2024business combination▼ BadMajor
Fury missed its financing deadline again, failing to deliver binding equity-financing agreements by April 26, 2024 as required - a second real default giving Battalion another contractual right to terminate the merger.
29 Apr 2024agm notice● Neutral
BATTALION OIL CORP announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
17 Apr 2024agm notice● Neutral
BATTALION OIL CORP announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
17 Apr 2024business combination▼ BadMajor
Despite Fury's missed deadline, Battalion agreed to a fourth amendment giving Fury more room on its financing requirements, while raising the fee Fury would owe (to the initial deposit plus $15-20 million) if the deal still fails to close.
11 Apr 2024business combination▼ BadMajor
Fury Resources told Battalion it would miss the escrow-funding deadline required by their merger agreement, giving Battalion the contractual right to walk away from the deal - the first sign Fury was struggling to finance the acquisition.
11 Apr 2024agm notice● Neutral
BATTALION OIL CORP announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
8 Apr 2024business combination● Neutral
A second amended 13E-3 filing updated the going-private disclosure to reflect the merger agreement's evolving terms as Battalion, Fury and their affiliates continued negotiating through the extended closing timeline.
1 Apr 2024quarterly activities report▼ Bad
BATTALION OIL CORP reported quarterly revenue of $49.9 million and a net loss of $31.2 million for the period ended 2024-03-31.
1 Apr 2024agm notice● Neutral
BATTALION OIL CORP announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).