Epsilon Energy Ltd. (EPSN)

Overview

Epsilon Energy Ltd. is a North American onshore independent natural gas and oil company dedicated to the exploration and production of energy resources. Founded in 2005 and headquartered in Calgary, Canada, the company plays a significant role in the energy sector by focusing on the acquisition, development, gathering, and production of natural oil and gas reserves primarily in the United States. Epsilon Energy operates through two main segments: Upstream and Gathering System, showcasing its integrated approach in managing its assets efficiently. The company's portfolio includes natural gas production in the significant Marcellus Shale in Pennsylvania, along with oil, natural gas liquids, and natural gas production in the vital regions of the Permian Basin in Texas and New Mexico, and the Anadarko Basin in Oklahoma. By maintaining a robust presence in these key energy-producing areas, Epsilon Energy Ltd. demonstrates its commitment to being a pivotal player in North America's evolving energy landscape.

Products and Services

Epsilon Energy Ltd. provides a range of products and services that reflect its significant role in the exploration, production, and management of oil and natural gas reserves. These offerings are key to the company's mission to meet the energy needs of today and tomorrow.

• Natural Gas Production: Epsilon Energy specializes in the extraction of natural gas, particularly from the Marcellus Shale in Pennsylvania, one of North America's most abundant natural gas fields. The company's expertise in deploying advanced technology and methods ensures efficient and environmentally responsible gas extraction, catering to the high demand for natural gas for heating, electricity generation, and as a feedstock for chemicals.
• Oil and Natural Gas Liquids (NGLs) Production: In addition to natural gas, Epsilon Energy actively engages in the production of oil and NGLs, primarily in the Permian Basin in Texas and New Mexico, and the Anadarko Basin in Oklahoma. These regions are known for their rich hydrocarbon resources, allowing Epsilon to diversify its product portfolio and leverage the varying market dynamics of oil, gasoline, propane, and other NGLs.
• Gathering System Operations: Beyond exploration and production, Epsilon Energy has established a robust gathering system infrastructure. This system is essential for the efficient transportation of hydrocarbons from the production site to processing facilities and ultimately to the market. The company's commitment to maintaining a seamless supply chain demonstrates its holistic approach to energy resource management, ensuring reliability and operational excellence.