Business
MCM Energy Partners Completes Acquisition of Delaware Basin Crude Oil and Natural Gas Assets From Battalion Oil Corporation
MIDLAND, Texas, February 25, 2026--MCM Delaware Resources LLC, a subsidiary of MCM Energy Partners ("MCM"), announced today that it has closed the acquisition of crude oil and natural gas assets from Battalion Oil Corporation ("Battalion"). This acquisition represents a significant step in MCM’s strategy to build a premier, multi-bench development platform in the core of the Permian Basin, one of the most economic and robust oil and gas regions in North America.
About this update from Battalion Oil Corporation
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":479,"height":480,"url":"https://media.zenfs.com/en/business-wire.com/5d07f3b53b39e841fcc1bc4192d051a3"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/mClCfoQAth7dQbFYd2SdeA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTcwNjtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/5d07f3b53b39e841fcc1bc4192d051a3","width":479,"height":480}},"lazy":false},{"type":"text","content":"MIDLAND, Texas, February 25, 2026--(BUSINESS WIRE)--MCM Delaware Resources LLC, a subsidiary of MCM Energy Partners ("MCM"), announced today that it has closed the acquisition of crude oil and natural gas assets from Battalion Oil Corporation ("Battalion"). This acquisition represents a significant step in MCM’s strategy to build a premier, multi-bench development platform in the core of the Permian Basin, one of the most economic and robust oil and gas regions in North America.","length":503,"tagName":"p"},{"type":"text","content":"In conjunction with the closing of the acquisition, MCM entered into a new senior secured credit facility with Valor Upstream Credit Partners II, L.P., a dedicated upstream credit fund managed by Breakwall Capital LP ("Breakwall") in partnership with Vitol.","length":267,"tagName":"p"},{"type":"text","content":"Asset Overview","length":14,"tagName":"p"},{"type":"text","content":"MCM’s newly acquired assets include approximately 6,207 net acres in the West Quito Draw area of Ward County, Texas, in the Southern Delaware Basin. The transaction expands MCM’s position across multiple benches and adds meaningful operated inventory, an established production base, and significant development upside to its existing footprint in Ward County, where it is actively drilling and completing its successful Vulcan program. MCM plans to immediately integrate the Battalion assets into its development program, leveraging its experienced technical team, deep infrastructure knowledge, and ongoing drilling and completion operations in the area.","length":656,"tagName":"p"},{"type":"text","content":"In addition, MCM continues to advance its Dawson County position in the Midland Basin, providing incremental inventory alongside the company’s core development activity in Ward County.","length":184,"t...