EON Resources Inc. plans to maintain expanded oil hedges through the end of 2027 to support operating cash requirements, potential debt service, and future financing as it pursues production growth. The company expects production increases from a San Andres horizontal drilling program in the second half of 2026, with the first three wells targeted to enter service by the end of July and about 10 wells planned for completion by year-end. EON also plans to re-complete five vertical San Andres wells to inform the horizontal program and aims to increase net production by 100 to 300 barrels of oil per day in the second quarter of 2026. In addition, it intends to bring injector wells back online, monitor results from a completed water trunkline, and expand the South Justis field to increase output over the coming months.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. EON Resources Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202603110630ACCESSWRNAPR_____1146032) on March 11, 2026, and is solely responsible for the information contained therein.
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