JOHN LOVOI - 31 May 2023 Form 4 Insider Report for Epsilon Energy Ltd. (EPSN)

Role: Director
Signature: \s\ John Lovoi
Issuer symbol: EPSN
Transactions as of: 31 May 2023
Net transactions value: $0
Form type: 4
Filing time: 02 Jun 2023, 12:48:43 UTC
Previous filing: 04 Apr 2023
Next filing: 03 Jul 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EPSN	Common Shares	Other	$0	-1,051,510	-60%	$0.000000	708,078	31 May 2023	See Footnote	F1
holding	EPSN	Common Shares						72,100	31 May 2023	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The securities are held in multiple accounts managed by JVL Advisors, LLC ("JVL"), of which John Lovoi is the managing member. Mr. Lovoi may be deemed to be the beneficial owner of such securtities by virtue of such role. On May 31, 2023, Mr. Lovoi distributed the noted shares to the beneficial owners of two institutional investors/funds for which JVL no longer provides management services. Mr. Lovoi disclaims beneficial ownership of the securities managed by JVL, except to the extent of his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that JVL or Mr. Lovoi is the beneficial owner of such securities for purposed of Section 16 or for any other purpose.

Content

The securities are held in multiple accounts managed by JVL Advisors, LLC ("JVL"), of which John Lovoi is the managing member. Mr. Lovoi may be deemed to be the beneficial owner of such securtities by virtue of such role. On May 31, 2023, Mr. Lovoi distributed the noted shares to the beneficial owners of two institutional investors/funds for which JVL no longer provides management services. Mr. Lovoi disclaims beneficial ownership of the securities managed by JVL, except to the extent of his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that JVL or Mr. Lovoi is the beneficial owner of such securities for purposed of Section 16 or for any other purpose.