Houston, Jan. 27, 2020 (GLOBE NEWSWIRE) -- Halcón Resources Corporation announced today that it has changed its company name to Battalion Oil Corporation. The new name reflects the Company’s new team, new culture, and new strategy.

Richard Little, the Company’s Chief Executive Officer commented, “I am excited to announce the new name Battalion Oil Corporation. The word ‘Battalion’ signifies an organized group of people pursuing a common objective and sharing a major undertaking. This is representative of our operating philosophy, which includes an organized and disciplined approach to investing consistently in high quality and high economic return projects as well as a focus on strategic M&A opportunities. Our results-oriented philosophy extends to all aspects of the organization, from daily operations to capital allocation. The Battalion team is the result of a successful integration of new and legacy employees now united with a common goal. With a healthy balance sheet and a clear strategy, we are prepared for the pursuit of value creation and opportunistic growth from a position of strength.”

The Company also submitted an application for listing on the NYSE American under the new name and expects to be listed within the next several weeks. Its primary website URL is now www.battalionoil.com.

About Battalion

Battalion Oil Corporation is an independent energy company engaged in the acquisition, production, exploration and development of onshore oil and natural gas properties in the United States.