John White

- Epsilon Energy Ltd. (EPSN) has closed a **new senior secured reserve-based revolving credit facility** with Frost Bank and Texas Capital Bank, replacing its previous credit facility.  **[1726126_4d92866a16354279bfdee58731ee8723_0]** 
- The new Credit Facility has a **four-year term**, maturing on **October 8, 2029**, and an **initial borrowing base of $47.5 million**.  **[1726126_4d92866a16354279bfdee58731ee8723_0]** 
- Proceeds from the facility will be used to **repay Peak's existing term loan**, estimated at **$49.6 million** at closing, enabling the acquisition of the Peak companies.  **[1726126_4d92866a16354279bfdee58731ee8723_0]** 
- Interest on drawdowns will be charged at the **3-Month Term SOFR rate plus a margin of 3-4%**, payable quarterly.  **[1726126_4d92866a16354279bfdee58731ee8723_0]**

Epsilon Energy (EPSN)