Epsilon Reports on Recent Well Results
Epsilon Energy Ltd. - Common Shares (EPSN)
Company Research
Source: GlobeNewswire
HOUSTON, Oct. 22, 2019 (GLOBE NEWSWIRE) -- Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today reported recent well completion results. Michael Raleigh, CEO, commented, “As previously announced by the Company, the operator has completed all four lower Marcellus wells which began drilling on June 26th,, 2019. These wells are currently in the flow-back testing phase with gross aggregate production ranging from 45 to 50 MMcf/d. This represents approximately 13 MMcf/d net to Epsilon’s working interests and when added to our existing production should provide for 35-36 MMcf/d of total working interest gas deliverability in November. This is a very welcome incremental 56% production increase heading into the usually constructive NE winter demand period. We originally planned to have this production turn in line in December. We will schedule a meeting to discuss our 2020 capital budget with our operating partner prior to year-end to plan next year’s development program.
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- Epsilon Energy First Quarter 2024 Earnings: EPS: US$0.069 (vs US$0.15 in 1Q 2023) [Yahoo! Finance]Yahoo! Finance
- Epsilon Reports First Quarter 2024 Results [Financial Post (Toronto, Ontario, Canada)]Financial Post
EPSN
Sec Filings
- 5/16/24 - Form 8-K
- 5/8/24 - Form 10-Q
- 4/11/24 - Form DEF
- EPSN's page on the SEC website