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AR - Epsilon Energy: Growing In A Hostile Environment
Antero Resources Corporation
Epsilon Energy (EPSN) is a small company that benefits in a big way from a little bit of drilling. The operator of its properties is Chesapeake Energy (CHK). That operator did "a little bit of drilling". The result for Epsilon Energy will be a major growth in production beginning with the fourth quarter.
Source: Epsilon Company November 2019 Investor Presentation
Note that management is forecasting a roughly 50% increase in production beginning with November 2019. The usual hedging program should be in place to ensure reasonable pricing, despite the latest headlines about gas pricing heading