Marcellus Looking Better to Epsilon

Epsilon Energy Ltd.is pleased to announce that it has received approximately $6.26 million dollars from the sale of non-core and unproved leasehold covering its Swan Creek and Bootleg projects in Ohio. An additional amount of up to approximately $450,000 may be realized if certain title issues are cleared within the next 120 days.

Mr. Fred Zaziski, Epsilon's President and CEO stated "We have been afforded the opportunity to cash-out some of our non-core and unproved acreage at a substantial profit. We will now be able to re-deploy the proceeds of this transaction into our horizontal drilling program in Pennsylvania which is focused on the Marcellus shale, where we believe we will achieve a substantially higher internal rate of return, as compared to the Lower Huron and Rhinestreet shale gas formations

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