HOUSTON, TEXAS / ACCESS Newswire / January 21, 2026 / 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 issue a letter to the shareholders concerning a recap of events involving EON in calendar year 2025.
The letter can be found on the EON website under the Governance section of the Investor Relations page. Link: EON Shareholder Letters and the EON website link: www.EON-R.com
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 a diversified portfolio of long-life producing oil and natural gas properties and other energy holdings. EON’s approach is to build through acquisition and selective development of its properties. Class A Common Stock of EON trades on the NYSE American Stock Exchange under the symbol of “EONR” and the Company’s public warrants trade under the symbol of “EONRWS”. For more information on the Company, please visit the EON website.
About the Grayburg-Jackson Field Property
Our Grayburg-Jackson Field (“GJF”) is located on the Northwest Shelf of the Permian Basin in Eddy County, New Mexico owned and operated by LH Operating, LLC, our wholly owned subsidiary. The GJF is comprised of 13,700 contiguous leasehold acres where the leasehold rights 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 2024 reserve report from our third-party engineer, Haas and Cobb Petroleum Consultants, LLC, estimates proven reserves of approximately 14.0 million barrels of oil and 2.8 billion cubic feet of natural gas. The mapped original-oil-in-place (“OOIP”) is approximately 956 million barrels of oil. The Company has two production programs. The first is the existing waterflood recovery primarily in the Seven Rivers formation via the 550 wells already in place. The second is via a Farmout of the Company’s interest in the San Andres formation where production will primarily be under a horizontal drilling program in which the Company expects up to 90 new horizontal wells to be drilled and completed over the next five years. More information on the GJF property can be located on the Grayburg-Jackson Field page of our website.
About the South Justis Field Property
The South Justis Field (“SJF”) is a carbonate reservoir similar to the rest of the Permian, and is located in Lea County, New Mexico approximately 100 miles from the GJF. The SJF is comprised of 5,360 contiguous acres containing 208 total producing and injection wells with well spacing of 50 acres. The producing formations include the Glorietta, Blinebry, Tubb, Drinkard and Fusselman intervals that range from 5,000 feet to 7,000 feet in depth. The original-oil-in-place (“OOIP”) is approximately 207 million barrels of oil. More information on the property can be located on the South Justis Field page of our website.
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
HOUSTON, TEXAS / ACCESS Newswire / December 22, 2025 / EON Resources Inc. (NYSE American:EONR) (“EON” or the “Company”) is an independent upstream energy company with 20,000 leasehold acres in the Permian Basin. The fields have a total of 750 producing and injection wells producing over 1,000 barrels of oil per day. Today, the Company reports that part of the management team and several independent directors (“Team”) purchased a combined 282,000 shares of the Company’s Class A Common Stock on the open market in the past three weeks.
The Team is restricted from buying stock under black-out periods for significant blocks of time through-out the year. After a certain number of days have passed from the filing of our 10-Q, the black-out is lifted until certain rules resume the black-out.
During this period when the black-out restriction was lifted, the Team bought 282,000 shares of the Company’s Class A Common Stock on the open market. A total of 1,561,000 shares were bought by the Team on the open market in 2025. These shares bring the combined total of over 5 million shares owned by the Team.
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 a diversified portfolio of long-life producing oil and natural gas properties and other energy holdings. EON’s approach is to build an energy company through acquisition and through selective development of its properties. Class A Common Stock of EON trades on the NYSE American Stock Exchange under the symbol of “EONR” and the Company’s public warrants trade under the symbol of “EONRWS”. For more information on the Company, please visit the EON website.
About the Grayburg-Jackson Field Property
Our Grayburg-Jackson Field (“GJF”) is located on the Northwest Shelf of the Permian Basin in Eddy County, New Mexico. The GJF comprises of 13,700 contiguous leasehold acres where the leasehold rights 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 2024 reserve report from our third-party engineer, Haas and Cobb Petroleum Consultants, LLC, estimates proven reserves of approximately 14.0 million barrels of oil and 2.8 billion cubic feet of natural gas. The mapped original-oil-in-place (“OOIP”) is approximately 956 million barrels of oil. The Company has two production programs. The first is the existing waterflood recovery primarily in the Seven Rivers formation via the 550 wells already in place. The second is via a Farmout agreement in the San Andres formation where the recovery will primarily be under the horizontal drilling program that the Company expects to drill up to 90 new wells over the next several years. More information on the property can be located on the Grayburg-Jackson Field page of our website.
About the South Justis Field Property
The South Justis Field (“SJF”) is a carbonate reservoir similar to the rest of the Permian, and is located in Lea County, New Mexico approximately 100 miles from the GJF. The SJF is comprised of 5,360 contiguous acres containing 208 total producing and injection wells with well spacing of 50 acres. The producing formations include the Glorietta, Blinebry, Tubb, Drinkard and Fusselman intervals that range from 5,000 feet to 7,000 feet in depth. The original-oil-in-place (“OOIP”) is approximately 207 million barrels of oil. More information on the property can be located on the South Justis Field page of our website.
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
Record Net Income of $5.6 Million for the Quarter; Retired All $41 Million of Senior and Seller Debt; Retired All Preferred Shares with Redemption Value of $27 Million; and Increased Shareholder Equity by $22.7 Million
HOUSTON, TEXAS / ACCESS Newswire / November 17, 2025 / EON Resources Inc. (NYSE American:EONR) (“EON” or the “Company”) is an independent upstream energy company with 20,000 leasehold acres in the Permian Basin. The fields have a total of 750 producing and injection wells producing over 1,000 barrels of oil per day. Today, the Company reports revenue and earnings for the third quarter of 2025.
Key third quarter highlights:
On September 9, 2025, $45.5 million of funding closed with the simultaneous settlement of seller obligations and retirement of senior debt: EON and its affiliates successfully closed on total funding of $45.5 million through a combination of volumetric funding instruments (“VMA”) and a farmout of the San Andres formation rights across the leasehold in the Grayburg-Jackson Field (“GJF”) owned and operated by LH Operating, LLC (“LHO”), the Company’s wholly owned subsidiary, for horizontal well development to a subsidiary of Virtus Energy Partners, LLC (“Virtus”).
Sources and Uses of the $45.5 million funding :
$20.0 million was received from a private family office in consideration for the sale by the LHO of a 15% perpetual overriding royalty interest (“ORRI”) in existing leases and wells in the GJF.
$20.5 million came from the private family office for the sale by LHO of a 5% perpetual ORRI in production from the San Andres formation in horizontal wells to be drilled under the farmout program by Virtus.
$5.0 million was received from Virtus in consideration for a farmout of the LHO’s rights in new horizontal wells to be drilled in the San Andres formation in which Virtus will own a 65% operated working interest subject to earning and retention conditions through drilling commitments. LHO will retain a 35% non-operated working interest in such wells.
EON paid $20.5 million as cash consideration to the seller of the GJF whereby (i) LHO purchased a 10% overriding royalty interest seller had retained in the GJF valued at $13.5 million, (ii) EON retired the $20 million seller note ($15 million principal balance plus accrued interest) for $7.0 million, and (iii) EON issued 1.5 million shares of Class A common stock in exchange for the return to treasury of the preferred units owed by seller with a redemption value of $27 million.
Retired senior debt of EON of approximately $19.3 million. The payoff of the senior debt eliminated a $700,000 per month amortization payment (principal and interest) and released all oil and gas properties of LHO as collateral for such debt.
“With the completion of the $45 million funding, we have now positioned the Company for expansion and growth ridding ourselves of a weak balance sheet,” said Dante Caravaggio, CEO of EON Resources, Inc. “The Company, through LHO, entered into drilling and production agreements that will spur our growth and support profitability over the coming years.”
The Company entered into a Farmout Agreement (“Farmout”) with Virtus on September 9, 2025: Under the Farmout, Virtus acquired the right to develop LHO’s San Andres formation within the Grayburg Jackson Field under certain conditions and horizontal drilling commitments. Important Farmout provisions follow:
Virtus paid LHO $5.0 million for the acquisition of a 65% working interest in the leasehold rights in the San Andres formation developed through horizontal drilling. LHO retains a 35% non-operated working interest in the horizontal wells to be drilled by Virtus in the San Andres formation . LHO retains its 100% operated working interest in existing vertical wells and in the remaining formations under lease.
As many as 90 horizontal wells are expected to be drilled at a cost between $3.5 million to $4.0 million per well. Cumulative capital investment by Virtus and LHO is expected to exceed $300 million over the life of the project.
The annual horizontal drilling program is expected to range from 10 to 20 new horizontal wells per year with initial production rates of 300 to 500 barrels of oil per day (“BOPD”).
Over the life of the horizontal drilling program, gross oil production is expected to exceed 20,000 BOPD with 35%, or 7,000 BOPD from the San Andres formation, net to LHO’s 35% working interest.
The first three wells are anticipated to be completed by mid-year 2026. The costs associated with the drilling and completion of the first three wells are solely the responsibility of Virtus. LHO retains a 35% working interest in these first three wells.
The Economic Summary Projection of the anticipated development plan prepared by Virtus estimates more than ninety-five million dollars of reserve value based on net present value discounted at ten percent (“NPV-10”) net to LHO’s retained ownership interest.
Operational accomplishments during the third quarter:
Grayburg-Jackson Field had stabilized production and maintained lease operating expenses at reduced levels that have been maintained across 2025.
By the end of the quarter, over 2 miles of water injector flowlines had been installed on the GJF. Testing and fine-tuning are being performed as needed where the flowlines are expected to be completed in Q4.
The South Justis Field results started after acquisition by LHO at end of the second quarter, and thus the third quarter reflects the first full quarter of results for SJF.
Financial highlights for the quarter ended September 30, 2025 :
Income statement : Below is a condensed version of the income statement that is included in the 10-Q filing, followed by discussions on certain results and changes from prior quarters.
Revenues were Consistent: The revenues for the quarter remained consistent with prior quarters as production and prices had only minor fluctuations.
Lease Operating Expenses (“LOE”) were Consistent: The LOE for the GJF remained consistent at reduced levels across 2025 compared to 2024 LOE levels. The South Justis Field (“SJF”) LOE costs commenced in Q3 of 2025 after acquisition of the SJF adding approximately $475K to the total LOE.
General and Administrative (“G&A”) Costs had Decline in Recurring Costs: The recurring G&A costs continue to trend downward quarter over the quarter. The Q3-2025 G&A costs included approximately $1.1 million of non-recurring costs attributable to the September 9, 2025 funding.
Interest Expense was Reduced: As expected, interest expense dropped by approximately $500K for the third quarter compared to the prior quarters due to the retirement of the senior debt and the seller note.
Gain of $13.4 million on Asset Sale from the Funding: There was a one-time GAAP gain of $13.4 million as a result of the funding and Farmout agreements.
Gain $1.8 million from Forgiveness of Debt: There was $1.8 million in total gains from the reduction of the senior debt at pay-off and settlement of underwriting fees.
Balance Sheet: Below is a condensed version of the balance sheet that is included in the 10-Q filing, followed by discussions on certain results and changes from prior quarters.
The GJF Property Value was Reduced due to the ORRIs Conveyance: The GJF recorded property value was reduced by approximately $16 million as an offset to the VMA funding by the ORRIs conveyed.
Debt was Reduced by Approximately $37 million: With the funding on September 9, 2025, $20 million of senior debt and the $15 million seller note were retired leaving only $5.4 million of convertible notes remaining. The current portion of debt was reduced from $6.1 million in Q2 to $1.0 million at end of Q3.
Shareholder Equity Increased by a Net $22.7 million: With the retirement of the seller preferred shares, all non-controlling interest was eliminated. The combined impact of the funding, elimination of preferred shares and gains from the funding transactions increased total equity by approximately $22.7 million.
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 a diversified portfolio of long-life producing oil and natural gas properties and other energy holdings. EON’s approach is to build through acquisition and through selective development of its properties. Class A Common Stock of EON trades on the NYSE American Stock Exchange under the symbol of “EONR” and the Company’s public warrants trade under the symbol of “EONRWS”. For more information on the Company, please visit the EON website.
About the Grayburg-Jackson Field Property
Our Grayburg-Jackson Field (“GJF”) is located on the Northwest Shelf of the Permian Basin in Eddy County, New Mexico. The GJF comprises of 13,700 contiguous leasehold acres where the leasehold rights 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 2024 reserve report from our third-party engineer, Haas and Cobb Petroleum Consultants, LLC, estimates proven reserves of approximately 14.0 million barrels of oil and 2.8 billion cubic feet of natural gas. The mapped original-oil-in-place (“OOIP”) is approximately 956 million barrels of oil. The Company has two production programs. The first is the existing waterflood recovery primarily in the Seven Rivers formation via the 550 wells already in place. The second is via a Farmout agreement in the San Andres formation where the recovery will primarily be under the horizontal drilling program whereby the Company expects to participate in drilling up to 90 new wells over the coming years. More information on the property can be located on the Grayburg-Jackson Field page of our website.
About the South Justis Field Property
The South Justis Field (“SJF”) is a carbonate reservoir similar to the rest of the Permian, and is located in Lea County, New Mexico approximately 100 miles from the GJF. The SJF is comprised of 5,360 contiguous acres containing 208 total producing and injection wells with well spacing of 50 acres. The producing formations include the Glorietta, Blinebry, Tubb, Drinkard and Fusselman intervals that range from 5,000 feet to 7,000 feet in depth. The original-oil-in-place (“OOIP”) is approximately 207 million barrels of oil. More information on the property can be located on the South Justis Field page of our website.
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
Management Will Be Discussing Its Financial Results, Sources and Uses of Funding of $40.5 Million Closed on September 9, 2025, and Accomplishments and Plans for the Remainder of 2025
HOUSTON, TEXAS / ACCESS Newswire / November 17, 2025 / EON Resources Inc. (NYSE American:EONR) (“EON” or the “Company”) is an independent upstream energy company with 20,000 leasehold acres comprised of two fields and 700 total producing and injection wells which it operates with 1,000 barrels a day of oil produced in the Permian Basin in southeast New Mexico. Today, the Company announced it will hold a Webcast (audio with presenters and slides) and teleconference call on Tuesday, November 18, 2025, at 2:30 pm EST to review EON’s financial results for the third quarter/nine months ended September 30, 2025. Management will report on previously reported funding of $40.5 million, operations and conduct a Q&A session.
Dante Caravaggio, President and CEO of EON, will chair the call. Mitchell B. Trotter, CFO, and Jesse Allen, Vice President of Operations, will also speak with shareholders and answer questions.
To listen to a live broadcast: An audio Webcast of the conference call will be available within two hours of the call on November 18, 2025. 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 software.
Earnings Call deck: The earnings call deck will be posted to the Company’s website prior to the earnings call.
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 a diversified portfolio of long-life producing oil and natural gas properties and other energy holdings. EON’s approach is to build through acquisition and through selective development of its properties. Class A Common Stock of EON trades on the NYSE American Stock Exchange under the symbol of “EONR” and the Company’s public warrants trade under the symbol of “EONRWS”. For more information on the Company, please visit the EON website.
About the Grayburg-Jackson Field Property
Our Grayburg-Jackson Field (“GJF”) is located on the Northwest Shelf of the Permian Basin in Eddy County, New Mexico. The GJF comprises of 13,700 contiguous leasehold acres where the leasehold rights 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 2024 reserve report from our third-party engineer, Haas and Cobb Petroleum Consultants, LLC, estimates proven reserves of approximately 14.0 million barrels of oil and 2.8 billion cubic feet of natural gas. The mapped original-oil-in-place (“OOIP”) is approximately 956 million barrels of oil. LHO has two production programs. The first is the existing waterflood recovery primarily in the Seven Rivers formation via the 550 wells already in place. The second is via a Farmout agreement in the San Andres formation where the recovery will primarily be under the horizontal drilling program whereby LHO expects to participate in drilling up to 90 new wells over the coming years. More information on the property can be located on the Grayburg-Jackson Field page of our website.
About the South Justis Field Property
The South Justis Field (“SJF”) is a carbonate reservoir similar to the rest of the Permian, and is located in Lea County, New Mexico approximately 100 miles from the GJF. The SJF is comprised of 5,360 contiguous acres containing 208 total producing and injection wells with well spacing of 50 acres. The producing formations include the Glorietta, Blinebry, Tubb, Drinkard and Fusselman intervals that range from 5,000 feet to 7,000 feet in depth. The original-oil-in-place (“OOIP”) is approximately 207 million barrels of oil. More information on the property can be located on the South Justis Field page of our website.
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
Management Will Be Discussing Its Financial Results, Sources and Uses of Funding of $40.5 Million Closed on September 9, 2025, and Accomplishments and Plans for the Remainder of 2025
HOUSTON, TEXAS / ACCESS Newswire / November 17, 2025 / EON Resources Inc. (NYSE American:EONR) (“EON” or the “Company”) is an independent upstream energy company with 20,000 leasehold acres comprised of two fields and 700 total producing and injection wells which it operates with 1,000 barrels a day of oil produced in the Permian Basin in southeast New Mexico. Today, the Company announced it will hold a Webcast (audio with presenters and slides) and teleconference call on Tuesday, November 18, 2025, at 2:30 pm EST to review EON’s financial results for the third quarter/nine months ended September 30, 2025. Management will report on previously reported funding of $40.5 million, operations and conduct a Q&A session.
Dante Caravaggio, President and CEO of EON, will chair the call. Mitchell B. Trotter, CFO, and Jesse Allen, Vice President of Operations, will also speak with shareholders and answer questions.
To listen to a live broadcast: An audio Webcast of the conference call will be available within two hours of the call on November 18, 2025. 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 software.
Earnings Call deck: The earnings call deck will be posted to the Company’s website prior to the earnings call.
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 a diversified portfolio of long-life producing oil and natural gas properties and other energy holdings. EON’s approach is to build through acquisition and through selective development of its properties. Class A Common Stock of EON trades on the NYSE American Stock Exchange under the symbol of “EONR” and the Company’s public warrants trade under the symbol of “EONRWS”. For more information on the Company, please visit the EON website.
About the Grayburg-Jackson Field Property
Our Grayburg-Jackson Field (“GJF”) is located on the Northwest Shelf of the Permian Basin in Eddy County, New Mexico. The GJF comprises of 13,700 contiguous leasehold acres where the leasehold rights 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 2024 reserve report from our third-party engineer, Haas and Cobb Petroleum Consultants, LLC, estimates proven reserves of approximately 14.0 million barrels of oil and 2.8 billion cubic feet of natural gas. The mapped original-oil-in-place (“OOIP”) is approximately 956 million barrels of oil. LHO has two production programs. The first is the existing waterflood recovery primarily in the Seven Rivers formation via the 550 wells already in place. The second is via a Farmout agreement in the San Andres formation where the recovery will primarily be under the horizontal drilling program whereby LHO expects to participate in drilling up to 90 new wells over the coming years. More information on the property can be located on the Grayburg-Jackson Field page of our website.
About the South Justis Field Property
The South Justis Field (“SJF”) is a carbonate reservoir similar to the rest of the Permian, and is located in Lea County, New Mexico approximately 100 miles from the GJF. The SJF is comprised of 5,360 contiguous acres containing 208 total producing and injection wells with well spacing of 50 acres. The producing formations include the Glorietta, Blinebry, Tubb, Drinkard and Fusselman intervals that range from 5,000 feet to 7,000 feet in depth. The original-oil-in-place (“OOIP”) is approximately 207 million barrels of oil. More information on the property can be located on the South Justis Field page of our website.
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
HOUSTON, TEXAS / ACCESS Newswire / November 17, 2025 / EON Resources Inc. (NYSE American:EONR) (“EON” or the “Company”) is an independent upstream energy company with 20,000 leasehold acres in the Permian Basin. The fields have a total of 750 producing and injection wells producing over 1,000 barrels of oil per day. Today, the Company posted the third quarter of 2025 earnings call deck to the Company’s website: https://www.eon-r.com/presentations.
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 a diversified portfolio of long-life producing oil and natural gas properties and other energy holdings. EON’s approach is to build through acquisition and selective development of its properties. Class A Common Stock of EON trades on the NYSE American Stock Exchange under the symbol of “EONR” and the Company’s public warrants trade under the symbol of “EONRWS”. For more information on the Company, please visit the EON website.
About the Grayburg-Jackson Field Property
Our Grayburg-Jackson Field (“GJF”) is located on the Northwest Shelf of the Permian Basin in Eddy County, New Mexico owned and operated by LH Operating, LLC, our wholly owned subsidIary. The GJF is comprised of 13,700 contiguous leasehold acres where the leasehold rights 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 2024 reserve report from our third-party engineer, Haas and Cobb Petroleum Consultants, LLC, estimates proven reserves of approximately 14.0 million barrels of oil and 2.8 billion cubic feet of natural gas. The mapped original-oil-in-place (“OOIP”) is approximately 956 million barrels of oil. The Company has two production programs. The first is the existing waterflood recovery primarily in the Seven Rivers formation via the 550 wells already in place. The second is via a Farmout of the Company’s interest in the San Andres formation where production will primarily be under a horizontal drilling program in which the Company expects up to 90 new horizontal wells to be drilled and completed over the next five years. More information on the GJF property can be located on the Grayburg-Jackson Field page of our website.
About the South Justis Field Property
The South Justis Field (“SJF”) is a carbonate reservoir similar to the rest of the Permian, and is located in Lea County, New Mexico approximately 100 miles from the GJF. The SJF is comprised of 5,360 contiguous acres containing 208 total producing and injection wells with well spacing of 50 acres. The producing formations include the Glorietta, Blinebry, Tubb, Drinkard and Fusselman intervals that range from 5,000 feet to 7,000 feet in depth. The original-oil-in-place (“OOIP”) is approximately 207 million barrels of oil. More information on the property can be located on the South Justis Field page of our website.
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
HOUSTON, TX / ACCESS Newswire / September 30, 2025 / EON Resources Inc. (NYSE American:EONR) (“EON” or the “Company”) is an independent upstream energy company with 20,000 leasehold acres in the Permian Basin. The fields have a total of 750 producing and injection wells producing over 1,000 barrels of oil per day. Today, the Company posted an investor deck regarding the September 9, 2025 Funding and the Farmout of San Andres rights for the horizontal drilling program to the Company’s website: https://www.eon-r.com/presentations.
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 a diversified portfolio of long-life producing oil and natural gas properties and other energy holdings. EON’s approach is to build an energy company through acquisition and through selective development of its properties. Class A Common Stock of EON trades on the NYSE American Stock Exchange under the symbol of “ EONR” and the Company’s public warrants trade under the symbol of “ EONRWS”. For more information on the Company, please visit the EON website.
About the Grayburg-Jackson Field Property Our Grayburg-Jackson Field (“GJF”) is primarily a waterflood property located on the Northwest Shelf of the Permian Basin in Eddy County, New Mexico. The GJF comprises of 13,700 contiguous leasehold acres with 342 producing wells, 207 injection wells and 1 water source well for a total of 550 wells. Leasehold rights 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 2024 reserve report from our third-party engineer, Haas and Cobb Petroleum Consultants, LLC, estimates proven reserves of approximately 14.0 million barrels of oil and 2.8 billion cubic feet of natural gas. The mapped original-oil-in-place (“OOIP”) is approximately 956 million barrels of oil. Primary production is currently from the Seven Rivers formation. In addition to proven reserves, the Company believes it may access an additional 34 million barrels of oil by adding perforations in the Grayburg and San Andres formations, plus another 40 million barrels from a horizontal drilling program in the San Andres. More information on the property can be located on the Grayburg-Jackson Field page of our website.
About the South Justis Field Property The South Justis Field (“SJF”) is a carbonate reservoir similar to the rest of the Permian, and is located in Lea County, New Mexico approximately 100 miles from the GJF. The SJF is comprised of 5,360 contiguous acres containing 208 total producing and injection wells with well spacing of 50 acres. The producing formations include the Glorietta, Blinebry, Tubb, Drinkard and Fusselman intervals that range from 5,000 feet to 7,000 feet in depth. The original-oil-in-place (“OOIP”) is approximately 207 million barrels of oil. More information on the property can be located on the South Justis Field page of our website.
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
