EON Resources To Evaluate Whether To Seek A Farmout Drilling Partner For Development Of The South Justis Unit
The Company estimates ultimate recovery to average 650,000 barrels per well, or 13 million barrels across 21 wells, at peak production of 10,000 BOPD in 2028."The South Justis Unit has significant horizontal well
EON Resources is thinking about finding a partner to help drill oil wells in a big project. This shows the company believes in the project but might need extra money or help to make it happen.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.