Epsilon Energy Ltd.

Epsilon Energy Ltd. today announced that its board of directors has approved a $20 to $25 million capital budget for 2019 which is expected to be fully funded from operational cash flow. The Company forecasts this capital program to generate 30% growth in production. The Company has liquidity of $35MM and does not anticipate utilizing funds from its undrawn credit facility. In the Marcellus Shale, the operator expects to [...]

Epsilon Energy Ltd. announced that its common shares have been approved for listing on the Nasdaq Global Market. The common shares are expected to begin trading on the NASDAQ under the ticker symbol “EPSN” today, February 19, 2019. Upon commencement of trading on the NASDAQ, the Company’s common shares will cease trading on the OTCQB market. “This marks an important milestone for Epsilon and its [...]

Epsilon Energy Ltd. announced today that effective following the close of trading on December 19, 2018, it has completed a consolidation of its share capital on the basis of one new common share for every existing two common shares . Where the exchange results in a fractional share, the number of common shares will be rounded to the nearest whole common share. The Board of Directors has unanimously approved the [...]

Epsilon Energy Ltd. today reported third quarter 2018 financial and operating results. Mr. Michael Raleigh, Chief Executive Officer, commented, "Epsilon's financial performance over the past quarter demonstrates the quality of our assets and the effect more pipeline transport out of the region has had on realized prices. Our After-tax Net Income was $2.8 million or $0.05/share. In the NW Stack, Epsilon recently acquired [...]

Epsilon Energy Ltd. is pleased to announce that all the nominees listed in its Management Information Circular dated August 31, 2018 were elected as directors of Epsilon, until the next annual meeting of shareholders. The detailed results of the vote held Wednesday, October 3, 2018 are set out below. Election of Directors The number of directors was set at seven, and the appointment of BDO as auditors passed as well. Each [...]

Epsilon Energy Ltd. announced today that the annual general shareholders meeting will be held on October 3, 2018 in Houston, Texas. The notice of meeting, management information circular and proxy are now available on SEDAR at www.sedar.com. Each Epsilon shareholder who is entitled to attend shareholder meetings is encouraged to participate in the Meeting and shareholders are urged to vote in person or by proxy on the [...]

Epsilon Energy Ltd. recently reported second quarter 2018 financial and operating results and is announcing an agreement with an experienced local operator in the Anadarko Basin, Oklahoma to appraise Epsilon’s acreage in the NW STACK. Mr. Michael Raleigh, Chief Executive Officer, commented, “We are excited to begin the appraisal drilling process on our acreage in Dewey County, Oklahoma. An acreage trade and [...]

HOUSTON, June 28, 2018 -- Epsilon Energy Ltd. is pleased to announce that the proposal to relocate the company from Canada to the US passed based on the votes that were cast. Additionally, the proposal for the new US compliant Equity Compensation Plan passed . We appreciate the overwhelming support of the shareholders in providing the opportunity to better access the US capital markets. While the Company has elected not [...]

HOUSTON, May 08, 2018 -- Epsilon Energy Ltd. has rescheduled its Special Meeting originally planned for May 10th, 2018 as the Company awaits U.S. regulatory approvals in the normal course. Once regulatory approval has been obtained, Epsilon will reschedule the Special Meeting as soon as practical. About Epsilon Epsilon Energy Ltd. is a North American onshore natural gas production and midstream company with a current [...]

HOUSTON, March 22, 2018 -- Epsilon Energy Ltd. today reported its financial results for the fourth quarter and full-year ended December 31, 2017. Mr. Michael Raleigh, Chief Executive Officer, commented, “We are excited by the current prospects for Epsilon given the talented additions to our operational team in 2017, an unlevered balance sheet, a cash flowing asset and the opportunity to allocate capital to [...]