EON NRG Ltd (ASX:E2E) (OTCMKTS:ICRMF) is scheduled to mobilize a workover rig to the North Borie Muddy Unit (Cheyenne, WY) next week to commence the Enhanced Oil Recovery program within the Muddy J formations. The project will be a water flood utilizing one injection well and five active receiver wells once the workovers are finalized.
EON NRG Ltd
EON NRG Ltd (ASX:E2E) (OTCMKTS:ICRMF) provides the Company's Quarterly Activities Report for the period ended 31 March, 2018.
Eon NRG Limited (ASX:E2E) (OTCMKTS:ICRMF) advises production update on the gas well recompletion carried out at the Silvertip Field.
Eon NRG (ASX:E2E) (OTCMKTS:ICRMF) advises that 24 lode claims prospective for Cobalt have been staked by the Company's Geologist within close proximity of the original 18 existing claims in the Stillwater Range (Table Mountain District). Eon now has exploration rights over 42 lode claims which cover 840 acres of land and includes the historic Gilberts silver, gold and lead mine.
This annual report is of the group comprising Eon NRG Limited (ASX:E2E) (OTCMKTS:ICRMF) and its subsidiaries. The Group's functional and presentation currency is US Dollars ($). Unless otherwise stated, all amounts in the Annual Report are in US Dollars.
Eon NRG (ASX:E2E) (OTCMKTS:ICRMF) advises that its geologist is in the field conducting further reconnaissance work on and around the Company's existing claims in Nevada's Basin and Range Province, as well as evaluating other promising prospects in the region.
Eon NRG Limited (ASX:E2E) (OTCMKTS:ICRMF) advises that the mineral claims acquired in Nevada's Basin and Range Province were staked (pegged) by the Company. The Claims were staked by the company's geologist after several months of research, site visits and analysis.
Eon NRG (ASX:E2E) (OTCMKTS:ICRMF) advises that it has acquired 18 mineral claims in Nevada's Basin and Range Province, highly prospective for cobalt, covering approximately 360 acres. The claims are located ~2 miles from an historic cobalt mine, and interpreted to be on a parallel offset structure.
Eon NRG Limited (ASX:E2E) (OTCMKTS:ICRMF) reports the recompletion of a well in the Silvertip Oil and Gas Field, Wyoming which was successfully perforated and brought into production on 8th of February.
Follow approval by shareholders and confirmation by ASIC, Incremental Oil and Gas Limited (ASX:IOG) (OTCMKTS:ICRMF) advises that the Company name has changed to Eon NRG Limited. Effective from Friday 16th February, the Company's shares will be trading on the Australian Securities Exchange under the new trading ticker E2E.