Epsilon Mulls Auburn Expansion, Sees 200 Bcf Left in Susquehanna

Epsilon Energy (NASDAQ: EPSN) keeps calling its Susquehanna County, PA, acreage a "legacy" asset — and then keeps telling investors it's sitting on up to 200 billion cubic feet of gas it hasn't produced yet. At the EnerCom Denver energy investment conference on Tuesday, Epsilon's VP of Finance put hard numbers on the northeast Pennsylvania position for the first time, disclosed pad-level economics that are rare to see in public, and dropped the news item that matters most to anyone with a lease inside the Auburn dedication: the company is reviewing an expansion of the Auburn Gas Gathering System to handle drilling coming in 2028 and beyond.

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