12:33 PM EST - Epsilon Energy Ltd. : announced that, pursuant to the letter of intent signed in August 2010, the Corporation signed a definitive Participation Agreement, effective October 1, 2010, for the development of an oil resource play in Clarke and Wayne Counties, Mississippi, with Black Stone Minerals Company, L.P. Epsilon also reported third quarter results which showed a net income of $2.0 million, as compared to a $14.5 million net loss for the same period of 2009. Epsilon Energy Ltd.
shares T.EPS are trading up $.01 at $2.53.
