Epsilon Energy Ltd. announced its second quarter 2025 results, highlighting significant developments and transformative acquisitions. The company has entered into definitive agreements to acquire Peak Exploration and Production LLC and Peak BLM Lease LLC, entities majority owned by Yorktown Energy Partners LLC. The transaction involves the issuance of 6 million Epsilon common shares and the assumption of approximately $49 million in debt, with the potential for additional consideration of up to 2.5 million shares based on access to certain acreage in Wyoming. In terms of production, Epsilon reported a gas production of 2,752 MMcf, which marks a substantial year-over-year increase of 96% from Q2 2024. Oil production slightly decreased by 1% year-over-year to 44 Mbbl, while NGL production saw a significant decline of 59% year-over-year to 8 Mbbl. The total production was 3,064 Mmcfe, showing a 71% increase compared to the same period last year. Epsilon's management team will lead the combined company post-acquisition, with two Peak shareholder designees joining the Epsilon board of directors. Epsilon's CEO, Jason Stabell, commented that the acquisition is a strategic move to acquire a large underexploited asset at an attractive price, adding balance to the company's portfolio and providing increased optionality for capital deployment. The transactions are expected to close in Q4 2025, pending shareholder approval.