EPSN News & Events

Epsilon Energy announced that its board of directors approved a new one-year share repurchase program, under which the company is authorized to repurchase up to 3,014,986 common shares, representing 10% of the current outstanding common shares of Epsilon, for an aggregate purchase price of not more than $15M. The company believes that the market price of its common shares may not reflect their underlying value and the board of directors has authorized this initiative because, in the board's opinion, the proposed repurchase of common shares constitutes an appropriate use of Epsilon's funds, and the repurchase of its common shares is one way of creating shareholder value.

Epsilon Energy files to sell 7.92M common shares for holders

Epsilon Energy files $100M mixed securities shelf

Epsilon Energy announced the signing and coincident closing of a sale of its wholly owned subsidiary, Dewey Energy Holdings, which holds the company's Western Anadarko basin assets, to an undisclosed private buyer. The purchase price was $2.5M in cash. The assets sold included approximately 813 Mcfe/d of production and approximately 8,600 net acres of leasehold in Dewey County, Oklahoma.