Battalion Announces Appointment of New Chief Financial Officer and Appointment of General Counsel
20 Janvier 2023 - 11:00PM
Battalion Oil Corporation (NYSEA: BATL, “Battalion” or the
“Company”) today announced the appointment of Kristen McWatters as
Executive Vice President, Chief Financial Officer and Treasurer of
the Company effective January 26, 2023, replacing Kevin Andrews,
who plans to pursue other opportunities. Mr. Andrews will
continue with the Company in an advisory role through the end of
the first quarter.
Rich Little, Battalion’s Chief Executive Officer
commented, “Kristen brings to Battalion a strong public accounting
experience along with hands on experience in M&A, forecasting
and capital management. I am pleased to welcome Kristen to the
team and will leverage her experience as we continue to create
value in the Delaware Basin.”
Ms. McWatters has had a successful career
in the energy industry, serving in progressive roles in
leadership in accounting, finance and financial reporting. She most
recently served as Interim Chief Accounting Officer for a publicly
traded investment banking firm where she was responsible for all of
the company’s accounting and reporting functions. She previously
served as Senior Vice President, Chief Financial Officer and Chief
Accounting Officer for Goodrich Petroleum where she successfully
led and managed the financial requirements of the company through
completion of a sell-side transaction. Prior to joining Goodrich
Petroleum, Ms. McWatters was the Controller for a publicly
traded independent retail energy services company and a manager of
financial reporting for Southwestern Energy Co. Ms. McWatters
began her career at KPMG LLP after earning a Masters in Finance and
a Bachelor of Business Administration in Accounting from Texas
A&M University in May 2008. Ms. McWatters is a certified public
accountant.
Mr. Little commented further, “We are excited to
add Kristen to our team and integrate her quickly into our
business. We are happy to have the opportunity for a coordinated
transition with Kevin and will take advantage of having both of
these leaders on the team during this period. We want to thank
Kevin for his time at Battalion and we wish him well in all of his
future endeavors.”
The Company also announced the appointment of
Walter Mayer to Senior Vice President and General Counsel. Mr.
Mayer previously served as Vice President, Legal for the Company.
Mr. Little commented, “We are pleased to recognize Walter’s
contributions and accomplishments at the company and value him as a
key member of the leadership team.”
About Battalion
Battalion Oil Corporation is an independent energy company
engaged in the acquisition, production, exploration and development
of onshore oil and natural gas properties in the United States.
ContactChris Lang Director, Finance &
Investor Relations (832) 538-0551
Battalion Oil (AMEX:BATL)
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