HNR Acquisition Corp estimates a 34 million barrel oil recovery increase in Grayburg and San Andres oil zones via perforation additions in Eddy County, New Mexico, potentially enhancing production, revenue, and earnings.
HNR Acquisition Corp, an independent oil and gas firm, estimates a potential 34 million barrel oil recovery increase in the Grayburg and San Andres oil zones through perforation additions to existing wells. The Grayburg-Jackson field, located in Eddy County, New Mexico, already holds 15.4 million barrels of proven oil reserves. This may lead to production, revenue, and earnings increases for HNRA.
March 12, 2024
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