---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-003368"
form_type: "8-K/A"
ticker: "EPSN"
cik: "0001726126"
company_name: "Epsilon Energy Ltd."
filed_at: "2026-01-13T23:59:59+00:00"
generated_at: "2026-05-16T10:41:26.375082+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Epsilon Energy acquires Peak E&P; acquired entity reports $22.1M loss and going concern doubt

## Summary
- Peak E&P net loss $22.1M for 9M ended Sep 30, 2025; revenue down 29% to $23.2M.
- Recorded $18.3M impairment of oil and gas properties based on acquisition term sheet.
- Going concern: Peak E&P not in compliance with debt covenant; $48.3M debt current.
- Acquisition closed Nov 12, 2025; pro forma financials provided as Exhibit 99.3.
- Peak E&P derivative gain $3.2M vs loss $2.8M in prior period.

## SEC filing metadata
- accession: 0001104659-26-003368
- form_type: 8-K/A
- ticker: EPSN
- cik: 0001726126
- company_name: Epsilon Energy Ltd.
- filed_at: 2026-01-13T23:59:59+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1726126/000110465926003368/0001104659-26-003368-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1726126/000110465926003368/epsn-20251112x8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-003368
- JSON: https://secwatch.observer/filing/0001104659-26-003368.json
- Plain text: https://secwatch.observer/filing/0001104659-26-003368.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.