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Epsilon Energy Ltd.
July 2010 Corporate Presentation
| | Page 3 of 11 |
September 24, 2016
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Corporate • TSX – EPS (IPO October 2007) • 13 employees (9 USA, 4 Canada) • www.epsilonenergyltd.com United States Marcellus Shale (Pennsylvania & New York) • 40,500 gross (20,250 net) prospective acres • Joint Venture formed with Chesapeake to develop Pennsylvania Marcellus acreage • Drilling inventory of 320 gross (160 net) horizontal locations • Eight Marcellus wells producing in Highway 706 project in Pennsylvania at a combined rate in excess of 11 Mmcf/d directly into TGP pipeline • Two compressors online; current overall compression capacity 12 Mmcf/d Trenton-Black River (New York) • Conventional structural high risk – high reward targets • Average monthly production 0.5 Mmcf/d Canada Bakken Shale (Oil Play, Saskatchewan) • 63,360 acre AMI with local operator • 39,000 gross (17,640 net) acres leasehold inventory • First well producing 15 bbl/day Utica Shale – TBR – Silurian - Devonian (Quebec) • Elective 25% interest in certain properties owned by Gastem, Inc. (TSXV: GMR.V) – St. Lawrence Lowlands – Yamaska – Utica Project (5% WI) – Gaspe Peninsula • 1,006,000 gross (213,500 net) acres leasehold inventory Ethiopia Federal Democratic Republic of Ethiopia • 100% WI in 19.6 million gross acres (79,345 Km2) onshore – First three year exploration period $3 million – Drill one well and acquire 200 Km2 of 2D seismic – Completed high resolution airborne magnetics and gravity survey – Seeking industry partner 3 Company Overview