Epsilon Energy Closes Acquisition of Peak Companies in Powder River Basin

Reuters11-15

Epsilon Energy Closes Acquisition of Peak Companies in Powder River Basin

Epsilon Energy Ltd. has completed the acquisition of Peak Exploration and Production LLC and Peak BLM Lease LLC, expanding its assets in the Powder River Basin. Following shareholder approval on November 12, 2025, Epsilon issued 5,681,489 common shares to the shareholders of the acquired companies. Up to 2,500,000 additional shares or $6.5 million in cash may be issued or paid, contingent on regulatory approvals. Sixteen former Peak employees have joined Epsilon Energy USA Inc., primarily in Durango, Colorado, and Wright, Wyoming. The company's credit facility commitments increased to $80 million, with $50.5 million drawn to repay existing Peak loans and related costs. Bryan H. Lawrence and Jack Vaughn have joined Epsilon's board of directors.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Epsilon Energy Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9576251-en) on November 14, 2025, and is solely responsible for the information contained therein.

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