18 June 2026material agreement● Neutral
Epsilon set up a new at-the-market equity program allowing it to sell up to $15 million of shares over time through Roth Capital Partners.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
20 Nov 2025capital raising announcement● Neutral
The contingency in the Peak BLM acquisition resolved: Epsilon issued 2,234,847 additional shares as the earn-out consideration came due, largely completing the deal's contingent payout.
14 Nov 2025asset acquisition disposition▲ GoodMajor
Epsilon closed its acquisition of Peak Exploration & Production and Peak BLM Lease from Yorktown Energy Partners XI, paid entirely in stock (5,591,372 plus 90,117 common shares, with up to 2.5 million more shares or $6.5 million cash contingent on regulatory approvals). Peak's founder, Jack Vaughn, joined Epsilon's board as part of the deal - a significant expansion of the company's asset base.
14 Oct 2025material agreement▲ GoodMajor
Epsilon closed a new $47.5 million senior secured reserve-based credit facility with Frost Bank and Texas Capital Bank, replacing its prior facility - a 4-year term to October 2029 at SOFR plus 3-4%, with the borrowing base set to be redetermined upward once the pending Peak acquisition closes later in the quarter.
10 Oct 2025business combination● NeutralMajor
Epsilon filed the final proxy for the Peak acquisition vote, setting the special shareholder meeting for 2025-11-12 at 9 a.m. Central Time in Houston, with a record date of 2025-10-07. The terms are unchanged from the preliminary proxy: up to 5,800,000 shares at closing, 200,000 under the Peak BLM agreement, and up to 2,500,000 more afterwards. Sellers would hold about 28% if the maximum is issued, or about 21% if none of the later shares are issued. The board unanimously recommends voting for the share issuance, which is required for the deal to close. The deal later closed on 2025-11-14.
19 Sept 2025business combination● NeutralMajor
Epsilon filed a preliminary proxy for a special shareholder meeting to approve issuing shares for the Peak acquisition agreed on 2025-08-11 with Yorktown Energy Partners XI, L.P. (Peak Exploration & Production and Peak BLM Lease). Up to 5,800,000 shares would be issued at closing, 200,000 under the Peak BLM agreement, and up to 2,500,000 more afterwards. If the maximum is issued, the sellers would hold about 28% of the company and current shareholders about 72%; if none of the 2,500,000 later shares are issued, about 21% and 79%. The meeting date is still blank, and the board unanimously recommends a vote in favour. The deal cannot close without this approval.
28 Oct 2024farm in farm out agreement▲ GoodMajor
Epsilon moved into Canada for the first time: a Participation Agreement with operator HWN Energy to form a joint venture across roughly 160,000 gross acres in the Western Canadian Sedimentary Basin, Alberta. Epsilon earns a 25% working interest by funding a $7.3 million drilling carry (at least 4 wells in 2025), with an option for a further $1.4 million carry (2 more wells in 2026).
21 May 2024material agreement▲ Good
Epsilon locked in a new 10-year gas gathering agreement with Appalachia Midstream Services covering its core Marcellus systems, replacing the prior deal with fixed, CPI-indexed rates (2024 Auburn GGS rate of $0.475/MMBtu) instead of annual cost-of-service redeterminations - more predictable midstream economics going forward.
12 Mar 2024asset acquisition disposition▲ GoodMajor
Epsilon entered the Permian Basin for the first time, buying a 25% working interest in three producing wells plus 3,246 gross undeveloped acres in Ector County, Texas from Pradera Fuego, LP for $15 million cash.
14 May 2020business combination▲ GoodMajor
Epsilon announced plans for a substantial issuer bid, offering to buy back up to about $6.2 million of its own common shares at a premium to the market price, funded from cash on hand.
14 Feb 2019listing compliance notice▲ GoodMajor
the exchange certified Epsilon Energy Ltd.'s securities for listing, clearing them to begin trading.
31 Oct 2018listing compliance notice▼ Bad
Epsilon Energy Ltd. withdrew a registration statement, abandoning the offering it covered.
11 May 2018business combination● Neutral
The second amendment tidied up after the cancelled meeting: proxies mailed on 12 April 2018 for the abandoned 10 May meeting are void and will not be counted, and only the newly enclosed instrument of proxy is valid. The new record date and meeting date were still blank.
7 May 2018business combination▼ BadMajor
The amendment cancelled the vote: the 10 May 2018 special meeting and its 28 March record date were struck out and left blank. It also added a risk factor on what the move to Delaware costs shareholders -- the proposed Delaware charter makes the Court of Chancery the sole forum for derivative and fiduciary claims, where the current Alberta articles impose no forum restriction at all.
13 Apr 2018business combination● NeutralMajor
Epsilon Energy proposed "domesticating" from an Alberta corporation into a Delaware one (renaming to Epsilon Energy Inc.), a jurisdiction change requiring shareholder approval - not a merger with another company. (This effort was later withdrawn in October 2018, per a prior filing already summarized.)