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HNR Acquisition Corp Announces 2nd Quarter 2024 Earnings Release and Conference Call on August 21, 2024

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HNR Acquisition Corp (NYSE American: HNRA), an independent upstream energy company, has announced its upcoming 2nd Quarter 2024 earnings release and conference call scheduled for August 21, 2024. The call will be held at 3:00 p.m. eastern time to review financial results, discuss recent events, and conduct a Q&A session.

Key participants include Dante Caravaggio (President & CEO), Mitchell B. Trotter (CFO), and Jesse Allen (VP of Operations). An audio webcast will be available on the HNRA website within two hours of the call. The teleconference replay will be accessible until September 4, 2024.

HNR Acquisition Corp (NYSE American: HNRA), una compagnia energetica indipendente nel settore upstream, ha annunciato il rilascio dei risultati finanziari del 2° trimestre 2024 e la relativa conference call programmata per il 21 agosto 2024. La call si terrà alle 15:00 ora orientale per rivedere i risultati finanziari, discutere eventi recenti e condurre una sessione di domande e risposte.

I principali partecipanti includono Dante Caravaggio (Presidente e CEO), Mitchell B. Trotter (CFO) e Jesse Allen (VP delle Operazioni). Un webcast audio sarà disponibile sul sito web di HNRA entro due ore dalla call. La registrazione della teleconferenza sarà accessibile fino al 4 settembre 2024.

HNR Acquisition Corp (NYSE American: HNRA), una empresa de energía independiente en el sector upstream, ha anunciado la próxima publicación de resultados del 2º trimestre de 2024 y conferencia telefónica programada para el 21 de agosto de 2024. La llamada se llevará a cabo a las 3:00 p.m. hora del este para revisar los resultados financieros, discutir eventos recientes y realizar una sesión de preguntas y respuestas.

Los participantes clave incluirán a Dante Caravaggio (Presidente y CEO), Mitchell B. Trotter (CFO) y Jesse Allen (VP de Operaciones). Un webcast de audio estará disponible en el sitio web de HNRA dentro de dos horas después de la llamada. La grabación de la teleconferencia será accesible hasta el 4 de septiembre de 2024.

HNR Acquisition Corp (NYSE American: HNRA)는 독립적인 업스트림 에너지 회사로, 2024년 2분기 실적 발표 및 컨퍼런스 콜2024년 8월 21일에 예정하였다고 발표했습니다. 콜은 동부 표준시 기준 오후 3:00에 진행되어 재무 결과를 검토하고 최근 이벤트를 논의하며 Q&A 세션을 실시합니다.

주요 참가자는 Dante Caravaggio (대표이사 및 CEO), Mitchell B. Trotter (CFO), 그리고 Jesse Allen (운영 VP)입니다. 오디오 웹캐스트는 콜 후 2시간 이내에 HNRA 웹사이트에서 제공되며, 전화 회의 녹음은 2024년 9월 4일까지 접근 가능합니다.

HNR Acquisition Corp (NYSE American: HNRA), une entreprise indépendante dans le secteur de l'énergie en amont, a annoncé la prochaine publication des résultats du 2e trimestre 2024 et une conférence téléphonique prévue pour le 21 août 2024. L'appel aura lieu à 15h00, heure de l'Est, pour examiner les résultats financiers, discuter des événements récents et organiser une séance de questions-réponses.

Les principaux participants incluent Dante Caravaggio (Président et CEO), Mitchell B. Trotter (CFO) et Jesse Allen (VP des opérations). Un webcast audio sera disponible sur le site web de HNRA dans les deux heures suivant l'appel. L'enregistrement de la téléconférence sera accessible jusqu'au 4 septembre 2024.

HNR Acquisition Corp (NYSE American: HNRA), ein unabhängiges Unternehmen im Bereich der upstream Energie, hat die bevorstehende Veröffentlichung der Finanzergebnisse für das 2. Quartal 2024 und die Telefonkonferenz, die für den 21. August 2024 geplant ist, angekündigt. Die Konferenz wird um 15:00 Uhr Eastern Time stattfinden, um die finanziellen Ergebnisse zu überprüfen, über aktuelle Ereignisse zu sprechen und eine Q&A-Sitzung durchzuführen.

Zu den wichtigsten Teilnehmern gehören Dante Caravaggio (Präsident & CEO), Mitchell B. Trotter (CFO) und Jesse Allen (VP der Operationen). Ein Audio-Webcast wird innerhalb von zwei Stunden nach dem Anruf auf der HNRA-Website verfügbar sein. Die Aufzeichnung der Telefonkonferenz wird bis zum 4. September 2024 zugänglich sein.

Positive
  • Timely financial reporting with scheduled earnings release and conference call
  • Opportunity for investors to engage with top management through Q&A session
  • Multiple access options provided for investors (live teleconference, webcast, replay)
Negative
  • None.

HOUSTON, TX / ACCESSWIRE / August 14, 2024 / HNR Acquisition Corp (NYSE American:HNRA) (the "Company" or "HNRA") is an independent upstream energy company. Today, the Company announces it will hold a conference call on August 21, 2024 regarding its 2nd Quarter 2024 results.

The Company's conference call will be held Wednesday, August 21, 2024, at 3:00 p.m. eastern time to review HNRA's financial results, discuss recent events and conduct a short Q&A.

The call will be chaired by Dante Caravaggio, President & CEO, and Mitchell B. Trotter, Chief Financial Officer. Jesse Allen, Vice President of Operations, will also be available to answer questions.

An audio webcast of the conference call will be available within two hours of the call on the HNRA website. To listen to a live broadcast, visit the website at least 15 minutes prior to the scheduled start to register, download and install any necessary audio software.

To participate in the live teleconference:

  • Domestic: 888-506-0062

  • International: 973-528-0011

  • Participant Access Code: 877852

To listen to a replay of the teleconference, which will be available through Wednesday, September 4, 2024, please visit the investor relations section of the HNRA website or call one of the numbers below:

  • Domestic Replay: 877-481-4010

  • International Replay: 919-882-2331

  • Access Code: 51108

For the webcast: https://www.webcaster4.com/Webcast/Page/2999/51108

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 slow decline rate.

About HNR Acquisition Corp

HNRA 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. HNRA'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.

HNRA's Class A Common Stock trades on the NYSE American (NYSE American:HNRA) and our public warrants trade on the NYSE American (NYSE American: HNRAW). For more information on HNRA, please visit the Company's website: https://www.hnra-nyse.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

SOURCE: HNR Acquisition Corp



View the original press release on accesswire.com

FAQ

When is HNR Acquisition Corp (HNRA) releasing its Q2 2024 earnings?

HNR Acquisition Corp (HNRA) will release its Q2 2024 earnings on August 21, 2024, followed by a conference call at 3:00 p.m. eastern time.

Who will be presenting during HNRA's Q2 2024 earnings call?

The call will be chaired by Dante Caravaggio (President & CEO) and Mitchell B. Trotter (CFO). Jesse Allen (VP of Operations) will also be available to answer questions.

How can investors access HNRA's Q2 2024 earnings call?

Investors can access the call via live teleconference (domestic: 888-506-0062, international: 973-528-0011, access code: 877852) or through an audio webcast on HNRA's website.

Until when will the replay of HNRA's Q2 2024 earnings call be available?

The replay of HNRA's Q2 2024 earnings call will be available until Wednesday, September 4, 2024.

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