Epsilon Energy Ltd. Announces Full Year 2023 Results
HOUSTON, March 20, 2024 (GLOBE NEWSWIRE) -- Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today reported its financial results for the fourth quarter and full-year ended December 31, 2023.
- HOUSTON, March 20, 2024 (GLOBE NEWSWIRE) -- Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today reported its financial results for the fourth quarter and full-year ended December 31, 2023.
- Epsilon’s highlights for full-year 2023 include:
Net revenue interest (NRI) total production of 9.0 Bcfe (24.6 MMcfe per day) for the year ended December 31, 2023. - Free cash flow (FCF) before changes in working capital of $2.7 million for the year ended December 31, 2023.
- The Texas wells came online in October 2023 and the New Mexico wells came online in May 2023.