Form 8-K - Current report

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 2, 2023

Battalion Oil Corporation

(Exact name of registrant as specified in its charter)


Delaware	001-35467	20-0700684
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)


3505 West Sam Houston Parkway North Suite 300 Houston, Texas		77043
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: (832) 538-0300

(Former name or former address, if changed since last report)

Securities registered pursuant to Section 12(b) of the Act:


Title of each class	Trading Symbol	Name of each exchange on which registered
Common Stock par value $0.0001	BATL	NYSE American

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

◻ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

◻ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

◻ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

◻ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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 ◻

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ◻

Item 5.02

Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers

On August 2, 2023, Kristen McWatters notified Battalion Oil Corporation (the “Company”) that, effective as of August 4, 2023, she would resign from her position as Executive Vice President, Chief Financial Officer and Treasurer of the Company to pursue other opportunities. Mrs. McWatters has confirmed that her departure was not the result of any disagreement with the Company on any matter relating to how the Company has operated, its policies or its practices, including its controls or financial related matters. The Board of Directors of the Company has determined that, based on his educational background and business experience, Matthew B. Steele, the Company’s Chief Executive Officer, is financially proficient. Mrs. McWatters’s former duties will be performed by the Company’s existing finance team under the supervision of Mr. Steele and, in that capacity, Mr. Steele has assumed the responsibilities of principal financial officer of the Company, effective immediately. A copy of Mrs. McWatters’s resignation letter is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

Item 9.01

Financial Statements and Exhibits

(d)Exhibits.

The following exhibits are furnished as part of this Current Report on Form 8-K:


Exhibit No.		Description

99.1		Resignation Letter of Mrs. McWatters
104		Cover Page Interactive Data File (embedded within the Inline XBRL document).

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.


	BATTALION OIL CORPORATION


August 4, 2023	By:	/s/ Matthew B. Steele
	Name:	Matthew B. Steele
	Title:	Chief Executive Officer

Exhibit 99.1

August 2, 2023

To the Board of Directors of Battalion Oil Corporation:

This letter serves as notice that as of August 4, 2023, I hereby resign from my position as Executive Vice President, Chief Financial Officer and Treasurer of Battalion Oil Corporation. I also acknowledge that there were no disagreements with the Company or the Board that prompted this decision.

I want to thank the Board of Directors and the entire Battalion Oil team for the hard work and efforts during my time with the Company. I wish Battalion Oil and the team much success in the future.

Sincerely,

/s/ Kristen McWatters

Kristen McWatters

www.battalionoil.com | 3505 West Sam Houston Parkway North, Suite 300, Houston, Texas 77043 | 832.538.0300

Document and Entity Information	Aug. 02, 2023
Cover [Abstract]
Entity Registrant Name	Battalion Oil Corp
Entity Address, Address Line One	3505 West Sam Houston Parkway North
Entity Central Index Key	0001282648
Document Type	8-K
Entity Address, Address Line Two	Suite 300
Entity Address, City or Town	Houston
Document Period End Date	Aug. 02, 2023
Entity Incorporation, State or Country Code	DE
Securities Act File Number	001-35467
Entity Address, State or Province	TX
City Area Code	832
Entity Tax Identification Number	20-0700684
Entity Address, Postal Zip Code	77043
Local Phone Number	538-0300
Title of 12(b) Security	Common Stock par value $0.0001
Amendment Flag	false
Security Exchange Name	NYSEAMER
Written Communications	false
Trading Symbol	BATL
Soliciting Material	false
Pre-commencement Issuer Tender Offer	false
Pre-commencement Tender Offer	false
Entity Emerging Growth Company	false