Epsilon Energy Ltd（EPSN）のニュースとイベントEPSNEpsilon Energy Ltd

Epsilon Energy Completes Sale of Dewey Energy Holdings for $2.5M

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.

Epsilon Energy announces new $13M share repurchase program

Epsilon Energy announced that its board of directors terminated and revoked authority under the normal course issuer bid program which commenced on March 27. At the same time, the board of directors approved a new one-year share repurchase program, under which the company is authorized to repurchase up to 2,200,876 common shares, representing 10% of the outstanding common shares of Epsilon, for an aggregate purchase price of not more than $13M, pursuant to a normal course issuer bid. The one-year period commenced on February 12. The program will end on February 11, 2026, unless the maximum amount of common shares is purchased before then or Epsilon provides earlier notice of termination.