Epsilon Announces Entry Into the Province of Alberta Through Two Joint Ventures
Epsilon Energy Ltd. - Common Shares (EPSN)
Company Research
Source: GlobeNewswire
HOUSTON, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today reported the signing of definitive agreements to form a joint venture in the Garrington and Harmattan areas of Alberta, Canada, in the Western Canadian Sedimentary Basin. In partnership with a leading Calgary-based private operator, Epsilon will earn a 25% working interest in undeveloped lands, covering approximately 30,000 gross acres (majority held by production) in the Garrington area, targeting horizontal development of the liquids-focused Glauconitic and Ellerslie formations (Mannville), and approximately 130,000 gross acres (majority held by production) in the Harmattan area, targeting horizontal development of the liquids-focused Upper Viking formation. The Company estimates the joint venture area holds over 25 2-mile locations in the Mannville. Offset wells exhibit attractive economics, driven by mid-teens effective royalty rates and drilling and completion
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EPSN
News
- Earnings Troubles May Signal Larger Issues for Epsilon Energy (NASDAQ:EPSN) Shareholders [Yahoo! Finance]Yahoo! Finance
- Epsilon Energy Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags [Yahoo! Finance]Yahoo! Finance
- Epsilon Energy Ltd (EPSN) Q3 2024 Earnings Call Highlights: Strategic Expansion and Production ... [Yahoo! Finance]Yahoo! Finance
- Epsilon Reports Third Quarter 2024 ResultsGlobeNewswire
- Epsilon Energy Insiders Added US$4.52m Of Stock To Their Holdings [Yahoo! Finance]Yahoo! Finance
EPSN
Earnings
- 11/6/24 - Miss
EPSN
Sec Filings
- 11/14/24 - Form SC
- 11/6/24 - Form 10-Q
- 10/28/24 - Form 8-K
- EPSN's page on the SEC website