Battalion Oil Corp. received notice on Jan. 5 from NYSE American LLC that the company was not in compliance with NYSE American’s continued listing standards, Battalion announced Jan. 9.
The notice cited the company failing to hold an annual meeting of stockholders during the fiscal year ending Dec. 31, 2023 as non-compliant with the continued listing standards set forth in Section 704 of the NYSE American company guide.
The 2023 annual meeting of stockholders is set for Feb. 7, 2024 in Houston, Texas. Once the meeting is held, Battalion Oil expects to regain compliance with NYSE American’s continued listing standards.
Recommended Reading
Well Logging Could Get a Makeover
2024-02-27 - Aramco’s KASHF robot, expected to deploy in 2025, will be able to operate in both vertical and horizontal segments of wellbores.
Shell Brings Deepwater Rydberg Subsea Tieback Onstream
2024-02-23 - The two-well Gulf of Mexico development will send 16,000 boe/d at peak rates to the Appomattox production semisubmersible.
E&P Highlights: Feb. 26, 2024
2024-02-26 - Here’s a roundup of the latest E&P headlines, including interest in some projects changing hands and new contract awards.
Remotely Controlled Well Completion Carried Out at SNEPCo’s Bonga Field
2024-02-27 - Optime Subsea, which supplied the operation’s remotely operated controls system, says its technology reduces equipment from transportation lists and reduces operation time.
Tech Trends: Halliburton’s Carbon Capturing Cement Solution
2024-02-20 - Halliburton’s new CorrosaLock cement solution provides chemical resistance to CO2 and minimizes the impact of cyclic loading on the cement barrier.