Welcome to the Battalion Oil Q4 2021 Earnings Call. As a reminder, today's conference is being recorded. I'll now turn it over to Battalion Oil Corporation's Finance Manager, Chris Lang, to open the call. Mr. Lang, you may begin. Good morning. I'm joined by a few of my colleagues today that I'd like to introduce. Battalion's Chief Executive Officer, Richard Little, our Chief Financial Officer, Kevin Andrews, and our Chief Operating Officer, Daniel Rohling. This conference call contains forward-looking statements. For a detailed description of our disclaimer, see our earnings release issued yesterday and posted on our website. This conference call also includes references to certain non-GAAP financial measures. Reconciliations of these non-GAAP financial measures to the most directly comparable measure under GAAP are contained in our earnings release announcement released yesterday. We have also published an investor presentation which may be found on our website and will be referenced during this webcast. Now our team will present a few scripted remarks followed by Q&A. With that, I'd like to turn it over to Rich to start things off. Rich? Good morning. Thank you for joining us today for Battalion's Fourth Quarter and Full Year 2021 Earnings Call. We released earnings and an investor presentation last night after the market closed, both of which can be found on our website. We had an active year, both operationally and financially, and we're excited to walk through those results and how they position Battalion as we move into 2022 and beyond. Since joining Battalion in 2019, our team has been focused on laying the groundwork for a strong growth story. We studied the geology extensively, using that knowledge to focus our target landing zones and optimize frac designs. Our field team has worked to methodically cut operating expenses and reduce our environmental impact without sacrificing runtime or safety, and all against a backdrop of inflationary pressure. We've upgraded on the midstream side, working with our third-party providers, as well as committing our own capital to increase capacity, reliability, and redundancy across the field. We've been focused on execution, not just for today, but for the future. A key focus for Battalion in 2021 was the effort we put into improving our operational efficiency and maximizing our flow assurance. The repair, maintenance, and workover of our field and facilities last year received a considerable amount of our time as well as our capital. That effort was quickly rewarded, as we reported in the third quarter that our total daily production had increased 14% quarter-over-quarter. A remarkable achievement given the fact that we had completed our capital program in 2Q of 2021. While we're proud of that achievement, our goal was much larger, fine-tuning our operations in advance of a ramp in activity. On November 24th, 2021, the final puzzle piece fell into place as we closed on a new term loan facility led by Macquarie Bank. The new term loan facility not only allowed us to repay amounts outstanding under our previous credit facility, but also provided the company with significant cash and liquidity to embark on a long-term drilling program. In December, we picked up a rig, breaking ground on our 2022 capital program with the spotting of a three-well pad. We intend to keep the rig running throughout the year, spotting 12 wells in 2022 with a total estimated CapEx of $130 million-$150 million, with 90% of those dollars dedicated to D&C activities. As many of these wells won't come online until the second half of the year, the plan is aimed at keeping annualized production relatively flat over 2021 while driving meaningful growth in average daily production by the year-end 2022. With many of our below-market hedges rolling off as we move through the year, we expect this plan to drive significant growth in EBITDA as we approach 2023. On our very first investor call as Battalion Oil Corporation, we told the public that the strategy and focus of Battalion was to create value organically, and we intend to do that. Now I'll turn the call over to Daniel to walk you through many of the specific accomplishments we experienced in 2021. Thanks, Rich. It's an exciting time for sure. The last couple of years have in many ways been a proving ground for us as we work to tie our understanding of the subsurface to key operational and economic decisions. It's that hard work that has positioned us for success as we increase activity. I'll start with capital. 2021 was a record year for Battalion as we reduced total well cost per foot to $875 as compared to $1,306 in 2019. How did we do it? We systematically attacked 16 areas of opportunity that our teams found upon taking over operations, ranging from topside equipment and teams to engineering and procedural components, downhole BHA design, and overall fluids. While not all areas of opportunity yielded results, many did, and we were able to significantly reduce our drilling costs. We also reduced our completion costs utilizing a similar method of attack. The subsurface and operations teams used a variety of techniques to identify changes in frac gradient to optimize completion design, and we re-engineered our pump designs to minimize costs without compromising on job sizes, sand, or rates. Simply put, we reduced the cost of our completions and increased our effectiveness at stimulating the reservoir. It's efficiencies like this that will serve us well as we continue to fight for capital efficiency in the face of inflationary pressure across the industry. I would also like to call out the efforts made by our production and midstream operations teams. A critical part of our success has been the significant amount of effort put into overhauling our H2S handling field wide since taking over operations in 2019. Monument Draw is one of the best performing assets in the basin, but that's only the case when you have a solution for the H2S. Historically, Monument Draw has produced 3%-4% H2S, and that was the primary reason development in the field had slowed. As Rich mentioned earlier, a key focus has been methodically increasing our H2S treating capabilities and offtake capacity to allow for increased development of the field. In that time, our team has made no exceptions and taken no shortcuts as we've worked to upgrade the field, which has resulted in doubling capacity and zero incidents since 2019. H2S isn't something we have shied away from. Instead, our goal has been to become experts in the basin at safely handling and producing the most economic barrels possible and doing it the right way. We spend a little more per BOE to make sure we maintain industry-leading safety, proactive detection, and integrity, which is something that won't change as long as we're operating here. Our teams have also worked hard in the field to improve runtime, reducing downtime in the field by roughly 15% in Q4 and lowering overall failure rates of our producing wells by 43% year over year in 2021. The fact of the matter is that our wells are producing from an incredibly strong reservoir, and even though we have a few more dollars per BOE on the OpEx side, we still produce exceptional rates of return. We also continue to have discussions around a potential AGI solution, which we expect would only further enhance those returns in addition to being a tremendous milestone in our efforts to be a leader in ESG. I want to spend a few minutes discussing our go-forward development strategy. With extreme volatility in the market and the recent run-up in commodity prices, the industry is feeling the crunch of long lead times and inflationary pricing. As prices began moving in the fall, we anticipated this squeeze on the service side and began mitigating our risk by advance negotiating with many of our vendors. We secured a rig contract that provides optionality on future drilling while limiting cost increases. We also pre-purchased several of our materials, including casing, locking in the lower prices and eliminating lead times. We secured frac crews through the first half of the year, ensuring availability for several of our first wells, and we've put a lot of hard work into preparing for this moment. We're confident in our ability to execute. Strategy is execution, and we're moving forward with conviction. Now, I'll pass it off to Kevin to walk you through some of our financial results. Thank you, Daniel, and good morning, everyone. Full year 2021 production averaged 16,241 BOE per day compared to 16,858 BOE per day for 2020, a 4% decrease. Average daily production in 2020 includes approximately 600 BOE per day of production associated with divested properties which were sold in December of 2020. Excluding the impact of the divested properties, average daily production in 2021 is in line with 2020. Additionally, average daily production in 2021 was impacted by a temporary shutdown of production amounting to approximately 300 BOE per day, while 2020 average daily production was impacted by a temporary shutdown of wells amounting to approximately 1,300 BOE per day. Much of the 2021 production impact is tied to two root causes. In February 2021, we temporarily shut in production due to inclement weather associated with the winter storms. Additionally, throughout the year, production was impacted by third-party processing curtailments and downtime resulting from facility upgrades and repairs. Our total operating revenues for the year ended December 31st, 2021, were approximately $285.2 million, compared to operating revenues for the year ended December 31st, 2020, of approximately $148.3 million. The increase in revenues is primarily attributable to an approximate $24.14 per barrel of oil equivalent increase in average realized prices, excluding the effects of hedging arrangements. On the year, we realized 98% of the average NYMEX oil price and realized a $77.9 million loss on commodity contracts. We reported a GAAP net loss to common shareholders for the year in 2021 of $28.3 million, or $1.74 loss per share. Adjusted EBITDA totaled $20.4 million for the fourth quarter of 2021 and $72.7 million for the full year. Capital expenditures for the full year 2021 totaled $49.5 million compared to $89.2 million in 2020. Of that $49.5 million spent in 2021, $40.2 million related to the drilling and completion cost and $5.7 million related to the development of our treating equipment and gathering support infrastructure. The decrease in capital expenditures from 2020 to 2021 was a result of a decrease in drilling activity year-over-year. In early 2020, the company was running one rig in the Delaware Basin, but began to scale back activity as a result of changes in market conditions and commodity prices, eventually releasing the rig. During that year, the company drilled and cased four gross wells, completed five gross wells, and put online seven gross wells during the year. By comparison, in 2021, we drilled and cased two gross wells, completed six gross wells, and put online six gross wells. As was mentioned earlier in the call, we expect to spend approximately $130 million-$150 million in capital expenditures during 2022, with 90% of those dollars expected to be used in the drilling and completion activities. This capital program should allow us to keep a rig running throughout the calendar year, with many of those wells coming online during the second half of the year. The large increase in capital expenditures and planned activity in 2022 is due in large part to the successful refinancing of our senior credit facility during the fourth quarter. In November, the company entered into a term loan agreement with Macquarie Bank Limited and certain other financial institutions. Pursuant to the term loan agreement, the lenders agreed to loan $200 million, which was funded in November, with an additional $35 million available subject to the satisfaction of certain conditions. The term loan allowed us to refinance all amounts owed under our previous senior credit agreement and to pay certain fees incurred in connection with the refinancing, as well as commence drilling under a long-term capital program. The term loan has a maturity date of November 24th, 2025, and bears interest at LIBOR + 7%. As of December 31st, 2021, we had $153 million of total net indebtedness, including outstanding letters of credit of $300,000 and amounts owed under our PPP loan of about $100,000. Finally, I'd like to make a few comments on the company's hedge position. In connection with the term loan, we agreed to hedge approximately 50%-85% of our anticipated oil and natural gas production in varying percentages by year on a rolling basis for the next four years. We believe this increased focus on hedging will pay dividends in the future as we limit our downside risk and protect cash flows in our future development. Additionally, we carry $65.5 million liability from derivative contracts at December 31st, 2021, with $58.3 million of that booked as current, as many of our 2022 hedges are significantly below market prices. While these hedges are expected to limit our cash flow in the first half of the year, we expect to see a significant ramp in cash flow as we move through 2022 as we roll off these below-market hedges and layer on new ones at higher prices as new volumes come online. Now I will turn it over to Rich to offer some concluding remarks. Thanks, Kevin. Despite the challenges faced by Battalion and our industry in 2021, I'm proud of what our team was able to accomplish. This year was transformational for Battalion, and we truly believe the fourth quarter was a pivot point in our story. We've done the work to prepare for the growth, and we have the capital to commence a long-term capital program. All that's left now is execution, and I have full confidence in our ability to do that. Once again, thank you for your interest in Battalion. That concludes our scripted remarks, and I'll turn it back over to the operator to facilitate Q&A. Thank you. If you would like to ask a question, please signal by pressing star one on your telephone keypad. If you are using a speakerphone, please make sure your mute function is turned off to allow your signal to reach our equipment. Again, press star one to ask a question, and we'll pause for just a moment to allow everyone an opportunity to signal for questions. Again, that is star one for questions. It appears there are no questions at this time. Mr. Little, I'll turn the call back to you for any additional or closing remarks. Okay, thank you. These are no doubt strange times, and as a country, we have some important decisions to make on where we wanna be as an energy power. I'd like to see us get back to being energy independent. While we're only a small part of that equation, we do plan to do our part to ramp up U.S. production. We have approximately 30 years of good current well inventory, focusing only on our primary targets and assuming a current pace of development. Obviously, as the market continues to see this increased pricing, we'll look for ways to not only accelerate our program but to begin testing additional zones of our acreage position. Again, I wanna thank you for your time today and your interest in Battalion, and we look forward to updating you on our progress in 2022. Goodbye. This concludes today's call. Thank you for your participation. You may now disconnect.