EON NRG Ltd (
HIGHLIGHTS
- Drilling prospects within the Minnelusa Formation, Powder River Basin, Wyoming are under review
- Enhanced oil recovery (EOR) waterflood was carried out in the Borie Field to increase production and extend the field life, with will result in an increase in reserves
- Oil and gas production from the Silvertip Field increased in Q2-18
- Price received from heavy oil produced in California oilfields received a premium above WTI
- Year to date net operating cash flow surplus
- Eon Battery Minerals Division (Cobalt, Vanadium, Copper) has further acquisition opportunities under review
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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
Australia -Simon Adams, CFO
Email: sadams@i-og.net
Phone: +61-8-6144-0590
Mobile: +61-439-845-435
USA -
John Whisler, Managing Director
Email: jwhisler@i-og.net
Phone: +1-720-763-3183
Website: www.eonnrg.com
Twitter: @EonNRG
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