Battalion Oil Announces It Entered A Purchase & Sale Agreement On March 1 To Acquire 7.09K Acre Oil And Gas Asset From RoadRunner Holdings In Exchange For 485K BATL Shares

Under the terms of the PSA, Battalion will issue 485,000 shares of its common stock to Sundown in exchange for the Assets.  The acquired leases directly adjoin Battalion's existing Monument Draw position, substantially enhancing the Company's continuous and operationally efficient footprint in the region. The effective date of the proposed acquisition is March 1, 2026.