Wednesday, September 24, 2008

Epsilon Energy, Ltd. Completes Horizontals and Acquires More Acreage

Epsilon Energy provided an operational update this morning. The company reported having drilled two horizontal wells in the Marcellus shale and has begun drilling a third. Two of the wells are awaiting stimulation in Pennsylvania. The company also announced an agreement with Cabot Oil and Gas for a leasehold swap of approximately 2,000 acres in Susquehanna County.

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