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$EONR Eon Resources announces drilling of 3 new Wells

K
Aug 26, 2026 · 12:02

$EONR Eon Resources today announced the spudding (start of drilling) for the first 3 oil wells of their 92 well drilling program, this should add an extra $1m per mth in free cash flow, a game changer for the company,

12 additional new wells are then expected to start by December 2026 and 10 to 20 wells 2027 and each year thereafter until the program is completed, seems like a great time to get into a stock which has been beaten down even though oil is trading at elevated levels

[https://feeds.issuerdirect.com/news-release.html?newsid=7277137369667004&symbol=EONR](https://feeds.issuerdirect.com/news-release.html?newsid=7277137369667004&symbol=EONR)