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EON Resources, operating 750 wells across 20,000 acres in New Mexico's Permian Basin, produces 1,000 barrels of oil per day. Q2 2025 earnings and investor materials now available.

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EON Resources (NYSE American:EONR) announced that its subsidiary LH Operating has begun spudding the first of a planned 92 horizontal wells in the San Andres interval of the Grayburg-Jackson Field in Eddy County, New Mexico, under an existing Farmout. The first carried horizontal well began drilling on August 24, 2026, with each horizontal well expected to take about 10 days to reach target depth and roughly 60 days to drill, frac, equip and test, with initial oil sale proceeds anticipated starting in October 2026.According to EON, recompletions of three vertical wells in May–July delivered initial production of 140 BOPD, supporting confidence in the horizontal program. LH Operating is fully carried for the first three horizontal wells and retains a 35% working interest in the San Andres interval and 100% in other GJF formations. The company expects the carried wells to contribute 500 BOPD net and approximately $1 million per month in net free cash flow in Q4 2026. Over the multi‑year development, gross field production is expected to reach and exceed 20,000 BOPD, with about 7,000 BOPD attributable to LH Operating’s working interest.

Anticipated 13 million barrels of oil recoverable at 10,000 BOPD Peak Rate with an average 700 BOPD per well with 21 wells HOUSTON, TX / ACCESS Newswire / July 27, 2026 / EON Resources Inc. (NYSE American:EONR) ("EON" or the "Company") is an independent oil and gas company operating in the prolific

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