EON Resources Inc. Announces 92 Horizontal Well Drilling Program Has Begun! $1 Million Per Month Increase Anticipated in Free Cash Flow in Q4 2026
EON Resources Inc. (EONR) began drilling 92 horizontal wells in the Grayburg-Jackson Field, expecting $1M/month in free cash flow by Q4 2026. Initial wells are cost-free under a farmout agreement, with production starting October 2026. The company anticipates 20,000 BOPD gross production, with 35% attributable to its subsidiary, LH Operating, LLC.