Business
EON Resources Inc. - Chairman and CEO Issues Letter to Shareholders
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 ...
About this update from Eon Resources Inc.
[{"type":"text","content":"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.","length":373,"tagName":"p"},{"type":"text","content":"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","length":173,"tagName":"p"},{"type":"text","content":"About EON Resources Inc.","length":24,"tagName":"p"},{"type":"text","content":"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.","length":630,"tagName":"p"},{"type":"text","content":"About the Grayburg-Jackson Field Property","length":41,"tagName":"p"},{"type":"text","content":"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 for...