HOUSTON, TX / ACCESS Newswire / March 12, 2025 / 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's Chairman and CEO issues a letter to the shareholders on current business activity and plans.
HOUSTON, TX / ACCESS Newswire / February 26, 2025 / EON Resources Inc. (NYSE American:EONR) ("EON" or the "Company"), an independent upstream energy company with oil and gas properties in the Permian Basin, announced today that it has completed a "preliminary assessment" of the horizontal potential of the lower San Andres (Jackson and Slaughter) reservoirs in the Grayburg-Jackson Field that it operates in Eddy County, New Mexico. This preliminary assessment reveals possible recovery of an additional 20 million barrels of oil and 16 billion cubic feet of natural gas in the lower intervals of the San Andres.
HOUSTON, TX / ACCESS Newswire / February 11, 2025 / EON Resources Inc. (NYSE American:EONR) ("EON" or the "Company") announced it has entered into an agreement with Pogo Royalty, LLC ("Pogo" or "Seller") that would result in a restructure of EON's balance sheet through (a) the retirement of a promissory note to Seller having an original principal amount of $15,000,000, (b) the purchase of a 10% Overriding Royalty Interest ("ORRI") in the Company's oil field property from Seller and (c) the repurchase of 100% of preferred units held by Seller in EON's subsidiary which would otherwise convert into the Company's Class A common stock on November 15, 2025 pursuant to a formula. The total consideration payable to Pogo in connection with the restructuring consists of $22,000,000 in cash from EON plus the issuance of 3,000,000 shares of the Company's Class A common stock to the Seller.
HOUSTON, TX / ACCESSWIRE / November 22, 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 announced that it anticipates that it will not have a sufficient number of shares of the Company's common stock present in person or represented by proxy at the 2024 Annual Meeting of Stockholders (the "Annual Meeting"), scheduled for Monday, November 25, 2024 at 2:30 p.m.
Income From Operations Reaches $2 million for the Quarter 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 reports revenue and earnings for the third quarter and nine months ended September 30, 2024.