EON NRG Ltd (ASX:E2E) (OTCMKTS:ICRMF) provides the Company's Quarterly Activities Report for the period ended 31 March 2019.
EON NRG Ltd
EON NRG Ltd (ASX:E2E) is an USA onshore focused energy exploration and production company. The Company's growth path is through drilling of high impact oil exploration wells, supported by its 100% owned and operated long life oil and gas production assets and associated cashflow. The company also has a battery minerals division with prospective leases in Nevada which are at the early stages of low cost exploration.
We are pleased to present the annual report to shareholders this year as EON NRG Ltd (ASX:E2E) continues to build its US based oil and gas business and positions itself to deliver on a strong development program in the coming years.
The Annual General Meeting of EON NRG Ltd (ASX:E2E) will be held on Thursday 23rd May 2019 at 9:00 (AWST) at 18 Howard Street, Perth, Western Australia.
Eon NRG Limited (ASX:E2E) (OTCMKTS:ICRMF) reports progress on permitting of its first well, the Govt Kaehne #9-29, located in the Powder River Basin, Wyoming.
The Directors present their report, together with the financial statements, on the consolidated entity consisting of Eon NRG Limited (ASX:E2E) and the entities it controlled at the end of, or during, the year ended 31 December 2018.
Eon NRG Limited (ASX:E2E) (OTCMKTS:ICRMF) is pleased to announce the commencement of permitting of its first well, the Govt Kaehne #9-29, located in Crook County, Wyoming. This will be the first well drilled within Eon's 15,000-acre Powder River Basin lease holding, which was acquired in September of 2018.
Eon NRG Ltd (ASX:E2E) (OTCMKTS:ICRMF) is pleased to announce that it has completed a pro-rata renounceable entitlement offer that was announced on 6 February 2019 and which closed on Thursday 28 February.
Eon NRG Ltd (ASX:E2E) (OTCMKTS:ICRMF) is pleased to announce that the Company's rights issue, as detailed in the Prospectus dated 6 February 2019, has been well supported by Eon's shareholders and new investors and is now closed having raised total of ~$2.544 million before costs.
This consolidated financial report of Eon NRG Limited (ASX:E2E) (OTCMKTS:ICRMF) covers the twelve months of operations for the year ended 31 December.
Eon NRG Limited (ASX:E2E) is pleased to announce a pro-rata renounceable entitlement offer (Entitlement Offer) to existing shareholders to raise up to ~A$2.8 million before costs.