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Commitments and Contingencies
6 Months Ended
Jun. 30, 2021
Commitments and Contingencies  
Commitments and Contingencies

9. Commitments and Contingencies

The Company’s future minimum lease commitments as of June 30, 2021 are summarized in the following table:

Year ended

    

December 31, 

    

Payments

2021

$

52,157

2022

106,797

2023

36,013

$

194,967

The Company enters into commitments for capital expenditures in advance of the expenditures being made. As of June 30, 2021, the Company had commitments of $0.1 million for capital expenditures.

Litigation

On March 10, 2021, Epsilon filed a complaint against Chesapeake Appalachia, LLC (“Chesapeake”) in the United States District Court for the Middle District of Pennsylvania, Scranton, Pennsylvania. Epsilon claims that Chesapeake has breached a settlement agreement and several operating agreements (“JOAs”) to which Epsilon and Chesapeake are parties. Epsilon asserts that Chesapeake has failed to cooperate with Epsilon’s efforts to develop resources in the Auburn Development, located in North-Central Pennsylvania, as required under both the settlement agreement and JOAs.

Epsilon has requested a preliminary injunction but was unsuccessful in obtaining that injunction.  Epsilon filed a motion to amend its original complaint.  Chesapeake opposed.  The Court ruled in Epsilon’s favor and allowed Epsilon’s amendment. Chesapeake moved to dismiss the amended Complaint.  Epsilon is opposing the motion to dismiss.  The Court also entered an Order allowing for early dispositive motions that may end the litigation prior to discovery.  Briefing will be complete late fall 2021.