Epsilon Energy Ltd. Special Committee

CONCORD, ONTARIO--(Marketwired - June 20, 2013) - Epsilon Energy Ltd. (TSX:EPS) (the "Company" or "Epsilon") announced today that the Epsilon board of directors met on June 20, 2013 to consider JVL Advisors, LLC and Advisory Research, Inc.'s requisition for a special meeting of the shareholders of Epsilon. The requisition was made on June 17, 2013 and was announced by the requisitioning parties in a press release issued on the same date. The board of directors has formed a special committee to advise the board on a response.

Special note for news distribution in the United States

The securities described in the news release have not been registered under the United Stated Securities Act of 1933, as amended, (the "1933 Act") or state securities laws. Any holder of these securities, by purchasing such securities, agrees for the benefit of Epsilon Energy Ltd. (the "Corporation") that such securities may not be offered, sold, or otherwise transferred only (A) to the Corporation or its affiliates; (B) outside the United States in accordance with applicable state laws and either (1) Rule 144(as) under the 1933 Act or (2) Rule 144 under the 1933 Act, if applicable.