Form 3 - Initial statement of beneficial ownership of securities
05 Juin 2024 - 1:35AM
Edgar (US Regulatory)
Exhibit 24
LIMITED POWER OF ATTORNEY FOR SECTION 16
REPORTING OBLIGATIONS
Know all by these presents, that the undersigned,
Charles E. Martin (the “Reporting Person”), hereby constitutes
and appoints Walter Mayer as the Reporting Person’s true and lawful attorney-in-fact
to:
(1) prepare, execute in the Reporting Person’s
name and on the Reporting Person’s behalf, and submit to the United States Securities and Exchange Commission (the “SEC”)
a Form ID, including amendments thereto, and any other documents necessary or appropriate to obtain codes, passwords, and passphrases
enabling the Reporting Person to make electronic filings with the SEC of reports required by Section 16(a) of the Securities
Exchange Act of 1934, as amended (the “Exchange Act”) or any rule or regulation of the SEC;
(2) execute for and on behalf of the Reporting
Person in the Reporting Person’s capacity as an officer of Battalion Oil Corporation (the “Company”),
Forms 3, 4 and 5 in accordance with Section 16(a) of the Exchange Act, and the rules thereunder;
(3) do and perform any and all acts for
and on behalf of the Reporting Person which may be necessary or desirable to complete and execute any such Form 3, 4 or 5, complete
and execute any amendment or amendments thereto, and timely file such form with the SEC and any stock exchange or similar authority; and
(4) take any other action of any type whatsoever
in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, and in the best interest of, or
legally required by, the Reporting Person, it being understood that the documents executed by such attorney-in-fact on behalf of the Reporting
Person pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may
approve in such attorney-in-fact’s discretion.
The Reporting Person hereby grants to each such
attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary or proper to be
done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the Reporting Person might
or could do if personally present, with full power of Substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact,
or such attorney-in-fact’s substitute or substitutes, shall lawfully do or cause to be done by the virtue of this power of attorney
and the rights and powers herein granted. The Reporting Person acknowledges that the foregoing attorney-in-fact, in serving in such capacity
at the request of the Reporting Person, are not assuming, nor is the Company assuming, any of the Reporting Person’s responsibilities
to comply with Section 16 of the Exchange Act.
This Power of Attorney shall remain in full force
and effect until the Reporting Person is no longer required to file Forms 3, 4 and 5 with respect to the Reporting Person’s holdings
of, and transactions in, securities issued by the Company, unless earlier revoked by the Reporting Person in a signed writing delivered
to the foregoing attorney-in-fact.
IN WITNESS WHEREOF, the Reporting Person has caused
this Power of Attorney to be executed as of this 22ND day of May 2024.
/s/ Charles E. Martin |
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Charles E. Martin |
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Battalion Oil (AMEX:BATL)
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