Battalion Oil Corp (BATL)

[DocLevi]

Wow reverse split then increase shares for note conversion and to top off ... current shareholders they have the nerve to increase shares for their incentives !

Unless leaving director is against it and can pool enough support against it... its pure legal up-...!

1.To elect three directors to our board of directors to serve as Class B directors to serve until the 2018 meeting of stockholders in accordance with our bylaws, or to serve until the 2016 annual meeting of stockholders upon approval of Proposal No. 5;

2.To approve an amendment to our Amended and Restated Certificate of Incorporation to effect a one-for-five (1:5) reverse stock split of our common stock;

3.To ratify and approve an amendment to our First Amended and Restated 2012 Long-Term Incentive Plan to increase the number of shares of Halcón common stock that may be issued under the Plan by 40 million shares, subject to adjustment in accordance with the terms of the Plan upon approval of Proposal No. 2;

4.To approve, in accordance with Section 312.03 of the NYSE Listed Company Manual, the issuance of additional shares of Halcón common stock to HALRES LLC upon conversion of our 8.0% senior convertible note and exercise of the warrants in connection with an amendment to extend the maturity thereof;

5.To approve the declassification of our board of directors and provide for an annual election of directors;

6.To ratify the appointment of Deloitte & Touche LLP, an independent registered public accounting firm, as our independent registered public accountant for the fiscal year ending December 31, 2015; and

7.To transact such other business as may properly come before the annual meeting or any adjournment thereof.