Battalion Oil Sells West Quito Draw Assets to MCM Delaware Resources for $62.6 Million
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Battalion Oil Corporation has agreed to sell its West Quito Draw assets in Texas to MCM Delaware Resources for $62.6 million. The sale includes 6,207 net acres and 8 million barrels of oil equivalent, representing 12.4% of Battalion's 2024 reserves. The transaction is effective December 1, 2025, with closing expected in Q1 2026. Proceeds will be used to repay debt and for corporate purposes.
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