Halcón Resources Corp. is kicking off the New Year by changing its name on Jan. 27 to Battalion Oil Corp.

According to a company press release, the name reflects its new team, culture and strategy after roughly a year of upheaval including the exit of its founder, Floyd Wilson, as well as several other prominent members of its executive team.

“The Battalion team is the result of a successful integration of new and legacy employees now united with a common goal,” CEO Richard Little said in a statement. “With a healthy balance sheet and a clear strategy, we are prepared for the pursuit of value creation and opportunistic growth from a position of strength.”

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