Epsilon Energy Ltd. Stock Analysis EPSN

Epsilon Energy Ltd. engages in the business of acquiring, developing, gathering, and producing natural gas and oil reserves. The company is headquartered in Houston, Texas and currently employs 27 full-time employees. The company went IPO on 2019-02-19. The firm is engaged in the acquisition, development, gathering and production of natural gas and oil reserves. The company conducts operations in the United States through its wholly owned subsidiaries Epsilon Energy USA Inc., Epsilon Midstream, LLC, Epsilon Operating, LLC, and Altolisa Holdings, LLC. Its assets include Marcellus Shale Assets, Permian Basin Assets, Powder River Basin Assets, and Western Canadian Sedimentary Basin Asset. The firm owns an interest in approximately 11,600 gross acres (5,100 net acres) within the gas in place (GIP) window of the Marcellus Shale in Northeast Pennsylvania. The company also owns an interest in 16,000 gross acres (4,000 net acres), targeting the oil-rich Barnett Shale. The company also holds a 35% interest in the Auburn Gas Gathering System, located in Susquehanna County.