Board of Directors

Prior to joining the Battalion Oil team, Mr. Little was the CEO of Ajax Resources, LLC (Ajax). Ajax was a private equity backed company that most recently sold its assets in the Northern Midland Basin to Diamondback Energy, Inc. for a total consideration of $1.24B. The sale consisted of 25,500 acres in the Northern Midland Basin and closed on October 31st, 2018. The valuation represented a 12.2x LQA EBITDA and ~$33,500 / net adjusted acre generating a rate of return of ~37% for its investors.

Prior to joining the Ajax team, Mr. Little was the Vice President over the Southern Division at EP Energy Company. In this capacity, he was responsible for the regions including the Permian Basin, South Texas, Gulf of Mexico, and the Texas and Louisiana Gulf Coast. Over time, EP Energy concentrated its asset base down to three main operating areas. Mr. Little’s primary area of focus was in the Permian basin.

Mr. Little joined El Paso Exploration and Production in October 2007 as Reservoir Engineering Manager over the South Texas and the Gulf Coast regions. He joined the El Paso team as a result of the acquisition of People’s Energy Production. He was later promoted to Director over the assets in the Southern region including the Gulf of Mexico. In 2012, Mr. Little was promoted to Vice President over the Southern US Division for EP Energy LLC. Prior to joining El Paso Exploration and Production, he was a Senior Staff Asset Engineer with People’s Energy Production.

In prior roles, Mr. Little worked as a petroleum engineering consultant with Holditch and Associates, Inc. where he worked both domestically and internationally in reservoir, production, and completions as well as acquisitions & divestitures. Prior to that he worked for Halliburton where he was primarily focused on well stimulation design and execution.

In total, Mr. Little has over 23 years of industry experience.

Mr. Little received a Bachelor of Science degree in Petroleum Engineering from Texas A&M University in 1995 and later received his professional engineer’s license in 2002.

He is an active member of the Society of Petroleum Engineers, the American Petroleum Institute, and the Independent Petroleum Association of America.

Jonathan Barrett has served as a Director of Battalion Oil since May 2020 and currently serves as Chairman of the Nominating and Corporate Governance Committee. He joined Luminus in 2003 shortly after its founding and has led the firm since 2011. From 2005 to 2007, Mr. Barrett served as Managing Director and a member of the Investment Committee of LS Power Equity Advisors, the private equity arm of LS Power, a former affiliate of Luminus focused on the North American power and energy infrastructure industries. Prior to joining Luminus, Mr. Barrett was a Director in Salomon Smith Barney’s Merger and Acquisition Group. Mr. Barrett graduated with honors in Accounting from the University of Witwatersrand in Johannesburg, South Africa. Mr. Barrett’s extensive financial, equity markets and energy trading and infrastructure experience, in addition to his extensive knowledge across the energy infrastructure industry provides him with valuable insights into corporate strategy, capital allocation, transaction considerations, equity and debt financing and the assessment and management of risks faced by energy companies.

David Chang has served as Director of Battalion Oil since October 2019 and currently serves as a member of the Reserves Committee and Chairman of the Compensation Committee.  Mr. Chang is a Vice President at LSP Investment Advisors where he is responsible for originating and managing investments in the energy sector across capital structures.  Prior to joining LSP Investment Advisors in 2011, Mr. Chang was an analyst in the Global Energy investment banking group at Credit Suisse. Mr. Chang holds a Bachelor of Arts in Economics and Mathematics from Columbia University.

Gregory Hinds has served as Director of Battalion Oil since October 2019 and currently serves as Lead Director and as Chairman of the Reserves Committee and as a member of the Audit and Compensation Committees. Mr. Hinds is the founder of Fenceline Minerals, a privately held limited liability company .  Prior to forming Fenceline, Mr. Hinds was the Chief Operating Officer of Jagged Peak Energy, LLC, having joined Jagged Peak at its’ inception in April 2013.  Prior to his tenure at Jagged Peak, Mr. Hinds was Chief Operating Officer of Ute Energy, a private equity backed oil and gas company  with operations focused in the Uinta Basin of Northeastern Utah.  Ute was sold in November of 2012.  Before Ute, Mr. Hinds was the Vice President of Uinta Basin Assets for the Bill Barrett Corporation , where he was primarily responsible for the development of the West Tavaputs field as well as Barrett’s Blacktail Ridge and Lake Canyon properties.  Prior to joining Bill Barrett, he served as Geological Manager for Pennaco Energy and as an Exploration Geologist for Barrett Resources.  Mr. Hinds holds a Bachelor of Science in Geology from Louisiana State University and a Master of Science in Geology from Texas A&M University.  He is a Registered Professional Geologist in Utah, Wyoming and Texas.

Allen Li, has served as a Director of Battalion Oil since October 2019 and currently serves as a member of the Nominating and Corporate Governance Committee.  Mr. Li is Vice President in the Opportunities Funds at Oaktree Capital .  Prior to joining Oaktree in 2014, Mr. Li worked in the Investment Banking Division at Goldman Sachs from July 2012 to July 2014.  He holds a Bachelor of Science in Business Administration from the University of Southern California.  He currently serves on the Board of Directors of PHI Inc., Source Energy, and Charger Shale Oil Company.

William Rogers has served as a Director of Battalion Oil since June 2021 and currently serves as the Chairman of the Audit Committee and as a member of the Nominating and Corporate Governance and Compensation Committees.  Mr. Rogers, is Managing Partner of CCE Advisory, LLC and CCE Investments LLC, providing advisory services to private equity infrastructure funds. Mr. Rogers previously served as Executive Vice President and Chief Financial Officer of CenterPoint Energy from March 2015 to April 2019 and as Executive Vice President, Finance and Accounting from February 2015 to March 2015. Prior to his tenure at CenterPoint Energy, Mr. Rogers was Vice President and Treasurer of American Water Works Company, Inc., the largest publicly traded U.S. water and wastewater utility company, from October 2010 to January 2015. Mr. Rogers was also the Chief Financial Officer of NV Energy, Inc., an investor-owned utility headquartered in Las Vegas, from February 2007 to February 2010. He has previously served as NV Energy’s Vice President of Finance, Risk and Tax, as well as Corporate Treasurer. Before joining NV Energy in June 2005, Mr. Rogers was a managing director in capital markets at Merrill Lynch and prior to that worked in a similar role at JPMorgan Chase in New York. Prior to his various roles across the utility, financial and banking industries, Mr. Rogers had a distinguished career as a commissioned officer in the United States Army. Currently, Mr. Rogers serves as a director on the boards of Grupo Protexa and Verdant Power. He also previously served on the board of directors of Enable GP, LLC, the general partner of Enable Midstream Partners, LP, and as a member of the boards of directors of numerous non-profit organizations. Mr. Rogers holds a Bachelor of Science Degree from the United States Military Academy and a Master of Business Administration Degree with concentration in Accounting and Finance from Duke University.