On June 30, 2026, Battalion Oil Corporation's subsidiary, Halcón Holdings, LLC, entered into a Third Amended and Restated Senior Secured Credit Agreement, providing a term loan facility of $162.5 million and an uncommitted delayed draw term loan facility of up to $175.0 million. The agreement, maturing on December 31, 2029, features a fixed 6.50% margin over SOFR, replacing a leverage-based pricing grid. Battalion Oil Corporation is an oil and gas exploration and production company.
