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The Company will exchange 1.0 million Class A common shares of the Company without any cash consideration or debt for EON Energy to acquire a 94% working interest in the South Justis Field. With ...
EON Resources Inc. Announces EON Energy, LLC Has Agreed to Acquire South Justis Field in the Permian Basin in Lea County, New Mexico with 207 Million Barrels of Original Oil in Place on 5,360 Acres ...
South Justis is currently producing 108 barrels of oil per day ("BOPD") from 19 actively producing wells which adds $1.2 million in net cash flow annually with minimal impact to the G&A costs of ...
The Grayburg-Jackson Oil Field is located on the Northwest Shelf of the prolific Permian Basin in Eddy County, New Mexico. About EON Resources Inc.
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