MCM Energy Buys Battalion Oil Delaware Assets for $160M


   
Barani Krishnan
DTN Refined Fuels Market Reporter

   SECAUCUS, NJ (DTN) -- MCM Energy Partners announced on Wednesday (2/25) it 
has completed the acquisition of Battalion Oil Corp's Delaware Basin crude oil 
and natural gas assets for approximately $160 million.

   The deal includes 40,000 net acres in the Permian Basin and daily production 
of approximately 10,000 bpd of oil equivalent, MCM said in a statement.

   The company plans to accelerate development in the region by leveraging 
high-quality drilling inventory and existing infrastructure to maximize 
efficiency.

   This transaction will allow Battalion to significantly reduce its debt 
obligations while focusing on its core operational footprint elsewhere.




(c) Copyright 2026 DTN, LLC. All rights reserved.