X0206 3 2019-02-14 0 0001726126 Epsilon Energy Ltd. EPSN 0001768614 Bond Bruce Lane 16701 GREENSPOINT PARK DRIVE SUITE 195 HOUSTON TX 77060 0 1 0 0 Chief Financial Officer Common Shares 77000 D Options (right to buy) 7.34 Common Shares 22500 D Options (right to buy) 6.80 Common Shares 27500 D Restricted Stock Grant Common Shares 12500 D The options are fully vested and expire on June 5, 2022. Of these options 18,333 are fully vested, 9,167 options vest on January 26, 2020. All these options expire on January 26, 2024. Vesting evenly at each anniversary of the grant date (12/31/2018) over a three year period, as long as Mr. Bond is still employed with Epsilon at each applicable vesting date. Otherwise, the Restricted Stock Grant will be forfeited. Upon vesting, the Restricted Stock Grants convert into Common Shares on a one-for-one basis. /s/ B. Lane Bond 2019-02-25