Epsilon Energy Ltd. reported the issuance of common shares for the acquisition of Peak BLM Lease LLC on November 14, 2025.
The Company issued 2,234,847 common shares to Yorktown Energy Partners XI, LP.
No further consideration is due under the Purchase Agreement.
Acquisition Details
2,234,847 common shares issued for Peak BLM Lease LLC acquisition.
Regulatory Thresholds
Up to 2,500,000 common shares to be issued if certain regulatory thresholds are met.
Board Decision
The Company's board of directors confirmed the Resolution Date.
- Epsilon is expanding its asset portfolio through the acquisition of Peak BLM Lease LLC.
- The acquisition strengthens Epsilon's position in the North American onshore natural gas and oil production market.
The successful acquisition of Peak BLM Lease LLC marks a strategic move for Epsilon Energy Ltd., enhancing its presence in key basins.