Epsilon Energy 1Q22 – Production Even, Revenue Up 61%
Epsilon Energy concentrates most of its effort on developing Marcellus Shale wells 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. Usually. Epsilon issued its first quarter 2022 update earlier this week. The company’s Marcellus net gas production was 2.4 Bcf (billion cubic feet) in 1Q22.
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