Jan 27, 2026 (MarketLine via COMTEX) --
EON Resources Inc. is an independent upstream energy company with 20,000 leasehold acres in the Permian Basin.
EON Resources Inc. (NYSE American:EONR) ("EON" or the "Company") is an independent upstream energy company with 20,000 leasehold acres in the Permian Basin. The fields have a total of 750 producing and injection wells producing over 1,000 barrels of oil per day. Today, the Company announced the appointment of Kyle Bulpitt, age 33, to the board of directors as an independent director. Mr. Bulpitt replaces Byron Blount, who retired from the board of as of December 31, 2025.
"Kyle is a great replacement for Byron on the board and we look forward to his involvement and contribution to the EON team," said Dante Caravaggio, President and CEO of the Company. "The board did a search looking for an individual with experience in oil and gas; mergers & acquisitions; and innovative financing and banking experience. We see this as a core competency of Kyle, who brings a strong background in financing and acquisitions similar to that of Byron, plus a strong background in the oil and gas industry as a petroleum engineer. Byron has been an excellent director and has been with EON from the beginning. Byron will be missed but not gone, as he is an investor and owner in EON stock."
"Many thanks to Byron," said David M. Smith, General Counsel for the Company. "Byron was an excellent director with invaluable input and direction. We welcome Kyle to the board, who has already hit the ground running."
"We all look forward to Kyle's input as we are in our next stage of financing and acquisitions. Kyle brings a lot to the table with his background and experience," said Mitchell B. Trotter, CFO of the Company. "Byron was a good director and a tremendous help in the financial market aspects of the Company, and we all wish him well in his retirement."
Kyle Bulpitt is a petroleum engineer and has extensive experience in the oil and gas industry in the areas of financial analysis for debt and equity financing, acquisitions and divestitures, financial modeling, Asset Backed Securitization issuances, field economic and development modeling, and petroleum reserves analysis.
Kyle is currently the Executive Vice President for Corporate Development at Aethel Energy, a newly formed General Catalyst Energy Transformation Company. At Aethel, he leads all corporate development activities related to acquisition and divestiture efforts, overseeing technical, financial and commercial evaluation of acquisition and divestiture opportunities.
Prior to Aethel, he led the technical evaluation of Asset Backed Securitization issuances for various investment firms; he oversaw and performed debt and financial modeling for potential investors; and as a reservoir engineer with ConocoPhillips for five years, he performed resources assessments, long-range portfolio planning, field development modeling, analyzed the optimization of long-term program performance and performed field economic and development modeling.
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