EON Resources Inc. Provides FAQ Responses in Advance of Earnings Call
EON Resources published an investor FAQ ahead of its Q2 earnings call, disclosing GJF waterflood production near 900 BOPD and South Justis near 50 BOPD, with a 100 BOPD shortfall attributed to heavy rains disrupting utility power; management expects production back above 1,000 BOPD. Two San Andres horizontal wells are drilled, completed, and producing under the farmout program in which EON receives a carry through first production, while a third well was plugged and abandoned after encountering high-pressure water flow, with a substitute well planned for early 2027.
Key figures
- Leasehold acres
- 20000
- Gjf production bopd
- ~900
- Sju production bopd
- ~50
- Original oil in place
- ~1.2 billion barrels
- Expected production bopd
- back over 1000 BOPD
- Gas sales pct of revenue
- 2%
- San andres wells p and a
- 1
- Production shortfall bopd
- down 100 BOPD at SJU due to heavy rains impacting utility power
- San andres wells drilled completed
- 2
- Borrowed net effective interest rates
- 40% to 50%
AI analysis
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