Epsilon Energy Gets New $35 Million Line of Credit from Frost Bank

Epsilon Energy concentrates most of its effort on developing Marcellus Shale wells in Susquehanna County, PA. Epsilon typically does not 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. Epsilon is the smallest publicly-traded company operating in the Marcellus/Utica (we think). Yesterday, Epsilon announced a new $35 million line of credit from Frost Bank, which replaces its previous line of credit.

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