Houston’s Battalion Oil Corp. has appointed Matt Steele as CEO following the resignation of former CEO Richard Little, who plans to “pursue other opportunities,” the company said in an April 3 press release.
Battalion Oil Chairman Jonathan Barrett said Steele brings extensive E&P experience “including capital allocation, operations and internal value creation.”
He also offered his thanks to Little, citing the company’s ability to reach “numerous objectives” as it focused on organic value creation opportunities.
Steele was most recently the CEO of Bruin E&P Partners, a Bakken-focused E&P. During the past decade, he also served as CEO of Ursa Resources and Bruin E&P.
Steel additionally serves on the boards of Bruin Management LLC, Bowline Energy LLC, Carbon Path LLC and the Honors College and Advisory Board at the University of Houston. Little said he enjoyed his time at Battalion Oil and was proud of the progress of the company over the past few years.
Little said in the press release that he appreciated the opportunity he “was given, and there’s no doubt that the talented team at Battalion will continue to do great things. I wish them only the best.”
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