2018 AGM Presentation
2018 AGM Presentation
Perth, May 31, 2018 AEST (ABN Newswire) - EON NRG Ltd (ASX:E2E) provides the 2018 AGM Presentation.

Investment Drivers

Near Term Development Potential

- Drive value accretion through development of high impact prospects

- Portfolio of development opportunities within current asset base

- Seeking to acquire new prospects with development potential

- Proven operators

- Management has experience of planning and implementing drilling programs in multiple US Basins

Strategy underwritten by cash flow

- Strong cash flow from existing assets to cover overhead operating costs

- Now looking to move into development phase of growth

- Diversify exposure to the broader "Energy" market by developing a minerals exploration division (focusing on Battery Minerals - Cobalt, Vanadium)

Profitable Producer

- The Group has recorded more 7 years of positive EBITDA including 2017

- The Group has recorded a positive Operating Cash Flow for more than five years including 2017

- All oil and gas fields operated by Eon have been and continue to be cash flow positive

Long Life Fields

- Reserves have been replenished through acquisitions and in-field development

- Reserve life of all fields operated by Eon are more than 15 years (certified by independent reservoir engineer)

To view the presentation, please visit:
http://abnnewswire.net/lnk/FRI41762


About 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.

   


Contact

Simon Adams
CFO/Company Secretary
Phone: +61-8-6144-0590
Email: sadams@i-og.net

John Whisler
Managing Director
Denver Head Office: +1-720-763-3183
Email: jwhisler@i-og.net

Website: www.eonnrg.com
Twitter: @EonNRG



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