28 Oct 2024farm in farm out agreement▲ GoodMajor
Epsilon signed a Participation Agreement with operator HWN Energy for a joint venture over about 160,000 gross acres in Alberta's Western Canadian Sedimentary Basin. It earns a 25% working interest by funding a $7.3 million carry over at least 4 wells in 2025, with an option for a further $1.4 million carry over 2 wells in 2026.