battalion

Fury Resources Snapping Up Permian Delaware Producer Battalion for $450M

Fury Resources Snapping Up Permian Delaware Producer Battalion for $450M

Privately held Fury Resources Inc. is acquiring publicly traded Permian Basin oil and gas producer Battalion Oil Corp. in a cash deal valued at about $450 million, the companies said Friday. The transaction, slated to close in early 2024, would see Fury acquire all outstanding shares of common stock in Battalion, which operates in the…

December 18, 2023