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BATL vs PED

Battalion Oil Corporation and PEDEVCO Corp.

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Battalion Oil Corporation

Battalion Oil Corporation, an independent energy company, engages in the acquisition, production, exploration, and development of onshore oil and natural gas assets in the United States. It holds interests in the Delaware Basin located in Pecos, Reeves, Ward, and Winkler counties in Texas. The company sells crude oil, natural gas, and natural gas liquids primarily to independent marketers, oil and natural gas companies, and gas pipeline companies. Battalion Oil Corporation was formerly known as Halcón Resources Corporation and changed its name to Battalion Oil Corporation in January 2020. The company was founded in 1987 and is headquartered in Houston, Texas.

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PEDEVCO Corp.

PEDEVCO Corp., an oil and gas company, focuses on the acquisition, development, and production of oil and natural gas assets in the United States. The company holds interests in the Permian Basin asset covering an area of approximately 14,550 net acres located in New Mexico. Its properties also include D-J Basin asset covering an area of approximately 14,809 net acres in Weld and Morgan Counties, Colorado; and 3,860 net acres in Laramie County, Wyoming. The company is headquartered in Houston, Texas.

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