Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today announced the issuance of shares of its common stock as consideration in connection with the acquisition of Peak BLM Lease LLC, which closed on November 14, 2025.
As contemplated by the Membership Interest Purchase Agreement for Peak BLM Lease LLC (” Purchase agreement “), a copy of which was attached to the Company’s proxy statement filed with the Securities and Exchange Commission on October 10, 2025, the Company will issue up to 2,500,000 shares of its common stock if certain regulatory thresholds are met within a certain period (the ” Date of resolution “).
The board of directors of the Company has determined that the Resolution Date has occurred.
After adjustments to the purchase price in accordance with the terms of the Purchase Agreement, the Company issued 2,234,847 shares of common stock to Yorktown Energy Partners XI, LP.
No further consideration is due under the Purchase Agreement.
About Epsilon
Epsilon Energy Ltd. is a North American onshore natural gas and oil production and gathering company with assets in the Marcellus, Powder River, Permian, WCSB and Anadarko basins.
Forward-Looking Statements
Certain statements in this press release are forward-looking statements. The use of the words “anticipate,” “continue,” “estimate,” “expect,” “may,” “will,” “project,” “should,” “believe” and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated. Forward-looking statements are based on reasonable assumptions, but there can be no assurance that these expectations will prove to be correct and undue reliance should not be placed on the forward-looking statements contained in this press release.
Contact details:
281-670-0002
Jason Stabell
General manager
Jason.Stabell@EpsilonEnergyLTD.com
Andrew Williamson
Head of Finance
Andrew.Williamson@EpsilonEnergyLTD.com
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