EON NRG Ltd (ASX:E2E) (OTCMKTS:ICRMF) provides the Company's Quarterly Activities Report for the period ended 30 June, 2018.


- 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

To view the full report, please visit:

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.



Australia -
Simon Adams, CFO
Email: sadams@i-og.net
Phone: +61-8-6144-0590
Mobile: +61-439-845-435

John Whisler, Managing Director
Email: jwhisler@i-og.net
Phone: +1-720-763-3183

Website: www.eonnrg.com
Twitter: @EonNRG

Link: Q2-18 Quarterly Activities Report and Cashflow Statement

Related Companies


Related Industry Topics:
Gas & Oil Energy General Financial General