Epsilon Energy 4Q & 2020 Update: Production Up, Financials Down

Epsilon Energy concentrates most of its effort on the Marcellus in Susquehanna County, PA. Epsilon doesn’t typically do its own drilling. The company joint venture partners with (gives money to) other companies, like Chesapeake Energy, and the other company typically does the drilling. Just yesterday our headline story was about Epsilon suing Chesapeake over Chessy's refusal to honor a jv agreement and allow Epsilon to drill four wells in Susquehanna County, PA (see Epsilon Sues Chesapeake to Drill 4 Marcellus Wells, Court Overrules). Epsilon is in the news again. Yesterday the company issued its fourth-quarter and full-year 2020 update yesterday.

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