News: E2E Eon NRG Announces Commencement Of Permitting Of Its First Well Located In Crook County,..., page-14

At present the MC is $4.61 Million. To put E2EO in the money at 0.0188 that MC needs to be $14,476,000 plus. Presently the company pumps 535 BOE/D and with oil currently over USD60 a barrel and a favourable excellent change rate, revenue is up. We should see this partly reflected in the next quarterly . An extra 360 barrels per day from new wells and with further additions to volume expected it is certainly undervalued . I see no reason why, once the CR has settled and some positive announcements are released, that the market won’t rush back in. The MC reached $14 million before, when 406 million shares were on offer. There is $2.54 million in cash available for investment . The fundamentals here stack up .