Core Viewpoint - EON Resources Inc. has appointed Kyle Bulpitt as an independent director to replace Byron Blount, who retired at the end of 2025, bringing significant experience in oil and gas, mergers and acquisitions, and innovative financing to the board [1][2]. Company Overview - EON Resources Inc. is an independent upstream energy company with 20,000 leasehold acres in the Permian Basin, producing over 1,000 barrels of oil per day from 750 wells [1]. - The company focuses on maximizing shareholder returns through the development of onshore oil and natural gas properties and aims to build its portfolio through acquisitions and selective development [6]. New Director's Background - Kyle Bulpitt, age 33, is a petroleum engineer with extensive experience in financial analysis, acquisitions, and divestitures, as well as financial modeling and petroleum reserves analysis [2][4]. - He is currently the Executive Vice President for Corporate Development at Aethel Energy, overseeing acquisition and divestiture activities [3]. - Prior to Aethel, Bulpitt worked with various investment firms and served as a reservoir engineer at ConocoPhillips, where he conducted resource assessments and long-range planning [4]. Board Comments - The company's leadership expressed confidence in Bulpitt's ability to contribute to the next stage of financing and acquisitions, highlighting his strong background and experience [2]. - Byron Blount was acknowledged for his invaluable contributions to the board since the company's inception and will remain an investor and owner of EON stock [2].
EON Resources Inc. Announces Newly Appointed Independent Director - Kyle Bulpitt