Epsilon Energy (EPS)

Shares / Stock Code

EPS

Stock Exchange / Sharemarket

Australian Securities Exchange

Epsilon Energy (EPS) is an Australian uranium exploration and development company targeting sandstone-hosted and calcrete-hosted uranium deposits with 100% rights to uranium mineralisation across four Australian states. EPS is listed on the ASX on November 2006. Epsilon’s focus is on two key exploration and development projects in the upstream energy and steel sector, where careful consideration has been given to geological and geographical suitability to economic iron ore and energy projects.

The Balladonia Energy project is located in the Eucla Basin within distance of both the bulk transport rail link between Kalgoorlie and Esperance (45km east) and the deep water port of Esperance (150km north). The company is targeting economic coal/lignite deposits (between 400Mt and 500Mt with high oil yields) and significant uranium mineralisation. The Mardie Iron Ore Project is located 100km SW of Dampier in the world class Pilbara mining region and 35km SW of the Cape Preston Port and Infrastructure facilities. The company is targeting large scale Magentite and higher grade Hematite/Detrital (DSO) deposits.

Epsilon Energy is supported by a multi-disciplined, experienced board and management team, particularly in the iron ore and energy sector. The Company’s top 40 shareholders account for about 50% of the company’s shareholding, while the Founders, Directors and Associates of the Company account for about 30%, maintaining a tight and value concentrated capital structure.

The company is also implementing strategy to focus on early stage and advanced uranium targets, develop a tight capital structure providing investors with upside in the value of the uranium industry as well as assembling experienced professionals in the uranium sectors and partnering with proven resource company developer. As an explorer, EPS has no customers at present. Epsilon Energy competes with other uranium-mining explorers as well as other energy source providers such as oil, gas, coal and hydro-electricity exploration companies.

Epsilon Energy (EPS) Products and Services

  • Uranium exploration

Epsilon Energy (EPS) Locations and Subsidiaries

Epsilon Energy Head Office
Suite 2, 12 Parliament Place,
WEST PERTH, WA 6005
Phone: 08 9482 0540
Fax: 08 9482 0505

Epsilon Energy (EPS) Share Price

Submitted by ASX Listed Company on 20 March, 2010 - 20:26

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