EPSN

Epsilon Energy Ltd. Schedules First Quarter 2024 Earnings Release and Conference Call

Retrieved on: 
Thursday, April 25, 2024

HOUSTON, April 25, 2024 (GLOBE NEWSWIRE) -- Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today announced that it will issue its first quarter 2024 earnings release on Wednesday, May 8, 2024 after the market close and host a conference call to discuss its financial and operating results on Thursday, May 9, 2024 at 9:30 a.m. Central Time (10:30 a.m. Eastern Time).

Key Points: 
  • HOUSTON, April 25, 2024 (GLOBE NEWSWIRE) -- Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today announced that it will issue its first quarter 2024 earnings release on Wednesday, May 8, 2024 after the market close and host a conference call to discuss its financial and operating results on Thursday, May 9, 2024 at 9:30 a.m. Central Time (10:30 a.m. Eastern Time).
  • Interested parties in the United States and Canada may participate toll-free by dialing (833) 816-1385. International parties may participate by dialing (412) 317-0478.
  • Participants should ask to be joined to the “Epsilon Energy First Quarter 2024 Earnings Conference Call.”
    A webcast can be viewed at: https://event.choruscall.com/mediaframe/webcast.html?webcastid=BtayVC7k .
  • A webcast replay will be available on the Company’s website ( www.epsilonenergyltd.com ) following the call.

Epsilon Energy Ltd. Announces Full Year 2023 Results

Retrieved on: 
Wednesday, March 20, 2024

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.

Key Points: 
  • 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.

Epsilon Energy Ltd. Announces the Following Headlines

Retrieved on: 
Saturday, March 2, 2024

All dividends paid by the Company are “eligible dividends” as defined in subsection 89(1) of the Income Tax Act (Canada), unless indicated otherwise.

Key Points: 
  • All dividends paid by the Company are “eligible dividends” as defined in subsection 89(1) of the Income Tax Act (Canada), unless indicated otherwise.
  • Interested parties in the United States and Canada may participate toll-free by dialing (833) 816-1385. International parties may participate by dialing (412) 317-0478.
  • Participants should ask to be joined to the “Epsilon Energy 2023 Year End Earnings Conference Call.”
    A webcast can be viewed at:
    https://event.choruscall.com/mediaframe/webcast.html?webcastid=eIcacEsN .
  • A webcast replay will be available on the Company’s website ( www.epsilonenergyltd.com ) following the call.

Epsilon Announces and Closes an Acquisition in the Permian Basin

Retrieved on: 
Tuesday, February 27, 2024

Epsilon is pleased to announce the closing of a third transaction in the Permian Basin over the last twelve months, and the second with a Midland-based private operator focused on Mississippian development in Ector County, Texas on the Central Basin Platform.

Key Points: 
  • Epsilon is pleased to announce the closing of a third transaction in the Permian Basin over the last twelve months, and the second with a Midland-based private operator focused on Mississippian development in Ector County, Texas on the Central Basin Platform.
  • The acquired assets are a 25% working interest in 3 producing wells and 3,246 gross undeveloped acres.
  • The assets are directly offset to the Company’s existing assets in the play (together, the “Pradera Fuego Project” or “Pradera”).
  • Jason Stabell, Epsilon’s Chief Executive Officer, commented, “We are excited to announce this bolt-on acquisition to our existing assets in the Permian Basin.

Epsilon Energy Ltd. Announces Quarterly Dividend and Provides Operational Update

Retrieved on: 
Monday, December 4, 2023

All dividends paid by the Company are “eligible dividends” as defined in subsection 89(1) of the Income Tax Act (Canada), unless indicated otherwise.

Key Points: 
  • All dividends paid by the Company are “eligible dividends” as defined in subsection 89(1) of the Income Tax Act (Canada), unless indicated otherwise.
  • In Ector County, Texas, the two recently completed wells have now been flowing for over 40 days.
  • We are very excited about our plans to drill up to four gross wells (1 net) in Ector County in 2024.
  • We expect this activity to add meaningfully to NRI production from the Auburn area.”

Epsilon Reports Third Quarter 2023 Results

Retrieved on: 
Thursday, November 9, 2023

HOUSTON, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today reported third quarter 2023 financial and operating results.

Key Points: 
  • HOUSTON, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today reported third quarter 2023 financial and operating results.
  • Realized average price of $2.32 per Mcfe including hedges ($1.64 per Mcfe excluding hedges) for the quarter ended September 30, 2023, a decrease of 5% compared to the prior quarter.
  • Reported total revenues of $6.3 million for the quarter ended September 30, 2023, a decrease of 3% compared to the prior quarter.
  • Participants should ask to be joined to the “Epsilon Energy Third Quarter 2023 Earnings Conference Call.”
    A webcast can be viewed at: https://event.choruscall.com/mediaframe/webcast.html?webcastid=TKIiaI4y .

Epsilon Energy Ltd. Schedules Third Quarter 2023 Earnings Release and Conference Call

Retrieved on: 
Thursday, October 26, 2023

HOUSTON, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today announced that it will issue its third quarter 2023 earnings release on Thursday, November 9, 2023 after the market close and host a conference call to discuss its financial and operating results on Friday, November 10, 2023 at 10:00 a.m. Central Time (11:00 a.m. Eastern Time).

Key Points: 
  • HOUSTON, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today announced that it will issue its third quarter 2023 earnings release on Thursday, November 9, 2023 after the market close and host a conference call to discuss its financial and operating results on Friday, November 10, 2023 at 10:00 a.m. Central Time (11:00 a.m. Eastern Time).
  • Interested parties in the United States and Canada may participate toll-free by dialing (833) 816-1385. International parties may participate by dialing (412) 317-0478.
  • Participants should ask to be joined to the “Epsilon Energy Third Quarter 2023 Earnings Conference Call.”
    A webcast can be viewed at: https://event.choruscall.com/mediaframe/webcast.html?webcastid=TKIiaI4y .
  • A webcast replay will be available on the Company’s website ( www.epsilonenergyltd.com ) following the call.

Epsilon Energy Ltd. Announces Quarterly Dividend and Provides Operational Update

Retrieved on: 
Tuesday, August 29, 2023

All dividends paid by the Company are “eligible dividends” as defined in subsection 89(1) of the Income Tax Act (Canada), unless indicated otherwise.

Key Points: 
  • All dividends paid by the Company are “eligible dividends” as defined in subsection 89(1) of the Income Tax Act (Canada), unless indicated otherwise.
  • Jason Stabell, Epsilon’s Chief Executive Officer, commented, “In addition to the quarterly dividend, we would like to provide an update on our operations in Pennsylvania and Texas.
  • We are happy to report that the operator of our upstream assets in the Marcellus recently notified us of near-term drilling plans on our acreage.
  • In addition, the operator has begun remedial work on another Auburn area pad to prepare for additional drilling in 2024.

Epsilon Announces 2023 AGM Results

Retrieved on: 
Thursday, August 17, 2023

HOUSTON, Aug. 17, 2023 (GLOBE NEWSWIRE) -- Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) 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.

Key Points: 
  • HOUSTON, Aug. 17, 2023 (GLOBE NEWSWIRE) -- Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) 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 nominees proposed by management was elected as a director of Epsilon.

Epsilon Reports Second Quarter 2023 Results

Retrieved on: 
Friday, August 11, 2023

HOUSTON, Aug. 10, 2023 (GLOBE NEWSWIRE) -- Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today reported second quarter 2023 financial and operating results.

Key Points: 
  • HOUSTON, Aug. 10, 2023 (GLOBE NEWSWIRE) -- Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today reported second quarter 2023 financial and operating results.
  • Reported net revenue interest (NRI) production of 2.3 Bcfe (24.9 MMcfe per day) 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 prior quarter.
  • Participants should ask to be joined to the “Epsilon Energy Second Quarter 2023 Earnings Conference Call”.