Epsilon Energy Ltd. says that the Board of Directors has formally engaged Evercore Group L.L.C. as its exclusive financial advisor to lead the process of soliciting and evaluating offers to acquire the Company.

Zoran Arandjelovic, Chairman and Chief Executive Officer, said, "In November 2012, as part of our Board's commitment to exploring all avenues for maximizing shareholder value, we announced that we would be conducting a formal review of strategic alternatives, including a possible sale of the Company. The appointment of Evercore as our exclusive financial advisor is the next step in this process.

Tags: Epsilon Energy Ltd