Epsilon Energy Ltd. provide the results of its December 31, 2013 independent reserves report, engineering study results as well as a current operational update.

Highlights

◾ Dec 2013 Lower Marcellus Well EUR/Reserves Appraisal ◾ Dec 2013 Proven and Probable (2P) reserves of 175.3 Bcf ◾ Dec 2012 Proven and Probable (2P) reserves of 167.5 Bcf ◾ Full Year 2013 Net Production of 13 Bcf ◾ 166% Reserve Replacement ◾ Average 2P EUR for producing wells estimated at 8.2 Bcf

◾ Completed Engineering Study ◾ Expect recent completion methods could provide up to a 50% increase in expected EUR/well for the remaining undeveloped (PUD) locations ◾ Current 2P PUD reserve appraisal of 84 Bcf based on older completion methods

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