on EON Resources Inc. (NASDAQ:EONR)
EON Resources Inc. Updates Investor and Earnings Material Online
On November 18, 2024, EON Resources Inc., an independent upstream energy company, announced the release of an updated investor deck and the Q3 2024 earnings call deck on its website. Based in Houston, Texas, EON focuses on oil and gas properties within the Permian Basin. The company's recent acquisition of LH Operating, LLC, includes significant assets in New Mexico comprising 13,700 leasehold acres with numerous wells.
The Grayburg-Jackson Oil Field, part of this acquisition, holds approximately 15.4 million barrels of proven oil reserves and 3.5 billion cubic feet of natural gas. EON anticipates access to an additional 34 million barrels of oil. With a focus on long-term shareholder value, EON's strategic objectives include selective development and exploitation efforts on its diverse portfolio of oil and gas properties.
R. E.
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