EON Resources Inc. Announces Expanded Non-Binding LOI with Enstream Capital Management for $52.8 Million
Houston, TX, March 20, 2025 – EON Resources Inc. (NYSE American: EONR) (“EON” or the “Company”), an independent upstream energy company focusing on oil and gas properties in the Permian Basin, is thrilled to announce the signing of an expanded non-binding Letter of Intent (LOI) with Enstream Capital Management, LLC (“ECM” or “Enstream”) for a revenue sharing and volumetric funding arrangement (“VMA”) worth $52.8 million.
Background on EON Resources Inc.
EON Resources Inc. is an independent upstream energy company that operates in the Permian Basin, one of the most prolific oil and gas regions in the world. The Company’s primary objective is to create long-term value for its shareholders through the acquisition, exploration, and development of oil and gas properties. EON’s focus on the Permian Basin, which is known for its high-quality oil and gas reserves, positions the Company well for future growth.
The Expanded LOI with Enstream Capital Management
Under the terms of the expanded LOI, EON will enter into a revenue sharing and volumetric funding arrangement with Enstream Capital Management. This agreement is designed to provide EON with non-dilutive financing to fund its operations and drilling activities. Enstream will provide capital to EON in exchange for a percentage of the Company’s oil and gas revenues, as well as a share of the underlying reserves. This arrangement is expected to provide EON with the financial flexibility to accelerate its growth plans and capitalize on the strong market conditions in the Permian Basin.
Impact on EON Resources Inc.
- Financial Flexibility: The expanded LOI with Enstream Capital Management will provide EON with the financial flexibility to accelerate its growth plans and capitalize on the strong market conditions in the Permian Basin. This non-dilutive financing will allow EON to fund its operations and drilling activities without issuing additional shares, thereby preserving shareholder value.
- Operational Agility: With this funding arrangement in place, EON will be able to move quickly to capitalize on new drilling opportunities and optimize its existing assets. This agility is essential in the competitive upstream energy market, where companies must be able to respond rapidly to changing market conditions.
- Shared Risk: The revenue sharing aspect of the arrangement means that both EON and Enstream will share in the risks and rewards of the Company’s oil and gas production. This alignment of interests is expected to lead to a strong partnership between the two companies, with a focus on maximizing the value of EON’s assets.
Impact on the World
- Energy Security: The expansion of EON’s partnership with Enstream Capital Management is expected to contribute to energy security by increasing the production of oil and gas in the Permian Basin. This region is a critical source of energy for the United States and its allies, and any efforts to increase production in this area can help to reduce reliance on less stable regions for energy.
- Economic Growth: The increased production from EON and other companies in the Permian Basin is likely to lead to economic growth in the region. This growth can take the form of new jobs, increased tax revenues, and the development of new infrastructure.
- Environmental Stewardship: EON and Enstream have stated their commitment to operating in an environmentally responsible manner. This commitment is essential in the Permian Basin, where concerns over water usage and greenhouse gas emissions have been raised. By working together, EON and Enstream can help to address these concerns and demonstrate that the energy industry can grow while being a good steward of the environment.
Conclusion
EON Resources Inc.’s expansion of its partnership with Enstream Capital Management is a significant development for the independent upstream energy company. This non-dilutive financing arrangement is expected to provide EON with the financial flexibility to accelerate its growth plans and capitalize on the strong market conditions in the Permian Basin. Furthermore, this partnership is likely to have a positive impact on the world, contributing to energy security, economic growth, and environmental stewardship. As EON continues to execute on its growth strategy, it will be an interesting company to watch in the upstream energy sector.
About EON Resources Inc.
EON Resources Inc. is an independent upstream energy company focused on the acquisition, exploration, and development of oil and gas properties in the Permian Basin. The Company’s mission is to create long-term value for its shareholders by maximizing the value of its assets and leveraging its expertise and operational capabilities. For more information, please visit
About Enstream Capital Management, LLC
Enstream Capital Management, LLC is a private investment firm that specializes in providing innovative financing solutions to the energy industry. Enstream’s focus on partnership and alignment of interests has made it a trusted partner for companies in the upstream energy sector. For more information, please visit
