EON Resources Inc. Posts Updated Investor Deck and Q3 Earnings Call Deck to the Company Website
EON Resources (NYSE American: EONR), an independent upstream energy company with oil and gas properties in the Permian Basin, has posted an updated investor deck and the Q3 2024 earnings call deck on its website. These resources provide detailed financial and operational insights for the company's stakeholders.
More information can be found at: https://www.eon-r.com/presentations
EON Resources (NYSE American: EONR), un'azienda energetica indipendente con proprietà di petrolio e gas nella Permian Basin, ha pubblicato sul proprio sito web una versione aggiornata del documento per gli investitori e del materiale per la call sugli utili del Q3 2024. Queste risorse offrono approfondimenti dettagliati finanziari e operativi per gli stakeholder dell'azienda.
Per ulteriori informazioni, visitare: https://www.eon-r.com/presentations
EON Resources (NYSE American: EONR), una empresa energética independiente con propiedades de petróleo y gas en la cuenca de Permian, ha publicado en su sitio web una presentación actualizada para inversores y el material de la llamada de ganancias del Q3 2024. Estos recursos proporcionan información detallada financiera y operativa para los interesados de la empresa.
Más información se puede encontrar en: https://www.eon-r.com/presentations
EON 리소스(뉴욕증권거래소 아메리칸: EONR)는 퍼미안 분지에 석유 및 가스 자산을 보유한 독립적인 상류 에너지 회사로, 웹사이트에 업데이트된 투자자 프레젠테이션과 2024년 3분기 수익 전화 회의 자료를 게시했습니다. 이러한 자료는 회사의 이해 관계자를 위한 재무 및 운영에 대한 자세한 통찰력을 제공합니다.
자세한 정보는 다음에서 확인할 수 있습니다: https://www.eon-r.com/presentations
EON Resources (NYSE American: EONR), une entreprise énergétique indépendante possédant des propriétés pétrolières et gazières dans le bassin de Permian, a publié sur son site web une présentation des investisseurs mise à jour ainsi que le document de la conférence téléphonique sur les résultats du T3 2024. Ces ressources fournissent des informations financières et opérationnelles détaillées pour les parties prenantes de l'entreprise.
Pour plus d'informations, consultez : https://www.eon-r.com/presentations
EON Resources (NYSE American: EONR), ein unabhängiges Upstream-Energieunternehmen mit Öl- und Gasreserven im Permian Basin, hat auf seiner Website eine aktualisierte Investorenpräsentation sowie die Unterlagen zur Q3 2024 Ergebnisbekanntgabe veröffentlicht. Diese Ressourcen bieten detaillierte finanzielle und operative Einblicke für die Stakeholder des Unternehmens.
Weitere Informationen finden Sie unter: https://www.eon-r.com/presentations
- Updated investor deck provides comprehensive financial and operational insights.
- Q3 2024 earnings call deck available for detailed analysis.
- None.
HOUSTON, TX / ACCESSWIRE / November 18, 2024 / EON Resources Inc. (NYSE American:EONR) ("EON" or the "Company") is an independent upstream energy company with oil and gas properties in the Permian Basin. Today, the Company posted an updated investor deck and the Q3 2024 earnings call deck to the Company's website: https://www.eon-r.com/presentations
About the Oil Field Property
In November 2023, the Company acquired LH Operating, LLC ("LHO") including its holdings in New Mexico of oil and gas waterflood production comprising 13,700 contiguous leasehold acres, 342 producing wells and 207 injection wells situated on 20 federal and 3 state leases in the Grayburg-Jackson Oil Field. The Grayburg-Jackson Oil Field is located on the Northwest Shelf of the prolific Permian Basin in Eddy County, New Mexico.
Leasehold rights of LHO, now a wholly owned subsidiary of the Company, include the Seven Rivers, Queen, Grayburg and San Andres intervals that range from as shallow as 1,500 feet to 4,000 feet in depth. The December 2023 reserve report from our third-party engineer, William H. Cobb and Associates, Inc. ("Cobb"), reflects LHO to have proven reserves of approximately 15.4 million barrels of oil and 3.5 billion cubic feet of natural gas. The mapped original-oil-in-place ("OOIP") in the LHO leasehold is approximately 876 million barrels of oil in the Grayburg and San Andres intervals and 80 million barrels in the Seven Rivers interval for a total OOIP of approximately 956,000,000 barrels of oil.
Our primary production is currently from the Seven Rivers zone. In addition to proven reserves, the Company believes we may access an additional 34 million barrels of oil by adding perforations in the Grayburg and San Andres formations. With proven oil reserves of over 15 million barrels, combined with the potential 34 million additional barrels from the Grayburg and San Andres zones, LHO should produce oil and a revenue stream for more than two decades with a low decline rate.
About EON Resources Inc.
EON is an independent upstream energy company focused on maximizing total returns to its shareholders through the development of onshore oil and natural gas properties in the United States. EON's long-term goal is to maximize total shareholder value from a diversified portfolio of long-life oil and natural gas properties built through acquisition and through selective development, production enhancement, and other exploitation efforts on its oil and natural gas properties.
EON's Class A Common Stock trades on the NYSE American (NYSE American:EONR) and our public warrants trade on the NYSE American (NYSE American:EONR WS). For more information on EON, please visit the Company's website: https://eon-r.com/
Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties that could cause actual results to differ materially from what is expected. Words such as "expects," "believes," "anticipates," "intends," "estimates," "seeks," "may," "might," "plan," "possible," "should" and variations and similar words and expressions are intended to identify such forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Such forward-looking statements relate to future events or future results, based on currently available information and reflect the Company's management's current beliefs. A number of factors could cause actual events or results to differ materially from the events and results discussed in the forward-looking statements. Important factors - including the availability of funds, the results of financing efforts and the risks relating to our business - that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time on EDGAR (see www.edgar-online.com) and with the Securities and Exchange Commission (see www.sec.gov). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Except as expressly required by applicable securities law, the Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.
Investor Relations
Michael J. Porter, President
PORTER, LEVAY & ROSE, INC.
mike@plrinvest.com
Contact Information
Michael J. Porter
Investor Relations - President, PORTER, LEVAY & ROSE, INC.
mike@plrinvest.com
SOURCE: EON Resources Inc.
View the original press release on accesswire.com
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