Financial Performance & Funding - EON Resources closed $45.5 million in funding in Q3 2025, including $40.5 million from a private investor and $5 million from Virtus [10] - The funding was used to retire $41 million of senior and seller debt [10] - Shareholder equity increased by $22.7 million, with preferred shares eliminated [14, 19] - A gain of $13.4141 million on asset sales was recorded [22] - A gain of $1.846684 million from debt forgiveness was recorded [22] Operations & Farmout - Current oil production is over 1,000 barrels of oil per day [6] - San Andres Farmout to Virtus involved Virtus purchasing a 65% working interest for $5 million [10] - EON retains a 35% working interest in the first 3 wells drilled by Virtus [10] - Gross oil production is expected to exceed 20,000 BOPD at the peak of the horizontal drilling program [10] - Estimated NPV-10 for EON from the San Andres Farmout is approximately $95 million [10]
EON Resources Inc.(EONR) - 2025 Q3 - Earnings Call Presentation