Brief: Battalion Oil Says Co Was Informed By Parent That It Would Fail To Meet Certain Funding Deadlines As Per Agreement

Battalion Oil

11/04/2024 15:11

April 11 (Reuters) - Battalion Oil Corp  BATL.A :
    * BATTALION OIL CORP: ON APRIL 10, CO WAS INFORMED BY PARENT
THAT
IT WOULD FAIL TO MEET CERTAIN FUNDING DEADLINES AS PER
AGREEMENT, DATED DEC 14, 2023
    * BATTALION OIL CORP: ON APRIL 10, PARENT INFORMED CO THAT
IT
WOULD NOT BE ABLE TO DELIVER EVIDENCE OF FUNDING BY FUNDING
DEADLINE
    * BATTALION OIL CORP:  BOARD IS EVALUATING COMPANY'S OPTIONS
IN
LIGHT OF FAILURE AND ARE CONSIDERING A RANGE OF OPTIONS

Source text for Eikon:  ID:n0001104659-24-046115 
Further company coverage:  BATL.A 

 ((Reuters.Briefs@thomsonreuters.com;))