Epsilon Energy Ltd.

Epsilon Energy Ltd. is pleased to announce that all the nominees listed in its Proxy Statement, Schedule 14A dated on July 17, 2023 were elected as directors of Epsilon, until the next annual meeting of shareholders. The detailed results of the vote at the annual shareholders meeting held on Thursday, August 17, 2023 are set out below. At the meeting, the number of directors was set at six and each of the following six [...]

Epsilon Energy Ltd. today reported second quarter 2023 financial and operating results. Second Quarter Financial Highlights: Reported net revenue interest production of 2.3 Bcfe for the quarter ended June 30, 2023. Realized average price of $2.45 per Mcfe including hedges for the quarter ended June 30, 2023. Delivered total revenues of $6.5 million for the quarter ended June 30, 2023, a decrease of 31% compared to the [...]

Epsilon Energy Ltd. today announced that it will issue its second quarter 2023 earnings release on Thursday, August 10, 2023 after the market close and host a conference call to discuss its financial and operating results on Friday, August 11, 2023 at 10:00 a.m. Central Time . Interested parties in the United States and Canada may participate toll-free by dialing 816-1385. International parties may participate by dialing [...]

Epsilon Energy Ltd. today reported the closing of a new senior secured reserve-based revolving credit facility with Frost Bank as the issuing bank and sole lender. The new Credit Facility will replace the Company's previous credit facility. Highlights of the Credit Facility are listed below: Four year term Initial borrowing base of $35 million, supported by the Company's upstream assets in Pennsylvania, with semi-annual [...]

Epsilon Energy Ltd. today reported the final closing of an investment in Ector County, Texas. Epsilon closed on a 25% working interest on the 11,076 acre position previously mentioned in the press release dated May 16, 2023. The Company now holds a 25% working interest in 12,373 gross acres located in Ector County, Texas, operated by a Midland-based private operator. The total consideration net to Epsilon for the [...]

Epsilon Energy Ltd. today announced that its Board of Directors has declared a dividend of $0.0625 per share of common stock to the stock holders of record at the close of business on June 15th 2023, payable on June 30th 2023. All dividends paid by the Company are "eligible dividends" as defined in subsection 89 of the Income Tax Act , unless indicated otherwise. About Epsilon Epsilon Energy Ltd. is a North American [...]

Epsilon Energy Ltd. announced today that its Board of Directors has appointed Nicola Maddox to the Board, effective immediately. Ms. Maddox will serve an initial term expiring at Epsilon's 2023 Annual General Meeting of Shareholders and will stand for reelection at that time. The Board has also appointed Ms. Maddox to serve as a member of the Compensation, Nominating and Corporate Governance Committee, effective [...]

Epsilon Energy Ltd. today reported an investment in Ector County, Texas with material follow-on development opportunities. Epsilon is pleased to announce entering into a second drilling focused transaction in the Permian Basin. The acquired assets are a 25% working interest in 12,373 gross acres located in Ector County, Texas on the Central Basin Platform, operated by a Midland-based private operator. The position is on [...]

Epsilon Energy Ltd. today reported first quarter 2023 financial and operating results along with the announcement of a new transaction. First Quarter Financial Highlights: Reported net revenue interest production of 2.5 Bcfe for the quarter ended March 31, 2023 Realized average price of $2.98 per Mcfe including hedges for the quarter ended March 31, 2023 Delivered total revenues of $9.4 million for the quarter ended March [...]

Epsilon Energy Ltd. today announced that it will issue its first quarter 2023 earnings release on Wednesday, May 10, 2023 after the market close and host a conference call to discuss its financial and operating results on Thursday, May 11, 2023 at 10:00 a.m. Central Time . Interested parties in the United States and Canada may participate toll-free by dialing 816-1385. International parties may participate by dialing [...]