Battalion Resources Holding Acquires J.M. Huber Powder River CBM Assets

DENVER, Dec. 14, 2011 /PRNewswire/ -- Battalion Resources Holding LLC announced today that the Company has closed the acquisition of all J.M. Huber Corporation oil and gas properties in the Powder River Basin.  The terms of the transaction were not disclosed.

The Powder River Basin is an area where the Battalion team has established expertise, with several team members having more than 75 collective years of coal bed methane experience. The acquired properties are located throughout the basin and are complementary to Battalion's existing operations.

President and Chief Operating Officer, Keith Knapstad comments: "This acquisition is a great fit with our current position in the Powder and will allow us to add scale and enhance operational efficiencies.  We look forward to working with our business partners and the people of the community as we expand our footprint in the basin."

Battalion Resources Holding LLC is a privately held, exploration and production company headquartered in Denver with operations in the Powder River Basin and Canada.

SOURCE Battalion Resources Holding LLC