The recent insider purchase and the longer term picture of insider transactions imply that Epsilon Energy insiders are reasonably well aligned and optimistic for the future. However, the overall levels of insider ownership are below what is typically preferred.
Epsilon's CEO emphasized that Texas wells' output surpassed the company's preliminary projections, confirming the neighboring position's potential. He also forecasted Ector County will see up to four new wells in 2024 and rising drilling activity in Pennsylvania will notably boost NRI production from the Auburn area.
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