Exhibit 24

POWER OF ATTORNEY

Know all by these presents, that the undersigned, on behalf of and in his capacity as chief investment officer of AZVALOR ASSET MANAGEMENT, SGIIC, SA (the “Filer”), hereby constitutes and appoints each of B. Lane Bond, Deena Williams, and Tyler Davis, or any of them signing singly, and with full power of substitution, the Filer’s true and lawful attorney-in-fact to:

(1) prepare, execute for and on behalf of the Filer, and submit to the U.S. Securities and Exchange Commission (the “SEC”) a Form ID, including amendments thereto, and any other documents necessary or appropriate to obtain codes and passwords enabling the Filer to make electronic filings with the SEC of reports required by Section 16(a) of the Securities Exchange Act of 1934 or any rule or regulation of the SEC;

(2) execute for and on behalf of the Filer, in the Filer’s capacity as a shareholder of Epsilon Energy Ltd. (the “Company”), Forms 3, 4, and 5 in accordance with Section 16(a) of the Securities Exchange Act of 1934 and the rules thereunder;

(3) do and perform any and all acts for and on behalf of the Filer which may be necessary or desirable to complete and execute any such Form ID and Forms 3, 4, or 5, complete and execute any amendment or amendments thereto, and timely file such forms with the SEC and any stock exchange or similar authority; and

(4) take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the Filer, it being understood that the documents executed by such attorney-in-fact on behalf of the Filer pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact’s discretion.

The Filer hereby grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do as chief investment officer of the Filer if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-fact’s substitute or substitutes, shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted. The undersigned, on behalf of and in his capacity as chief investment officer of the Filer, acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the Filer, are not assuming, nor is the Company assuming, any of the Filer’s responsibilities to comply with Section 16 of the Securities Exchange Act of 1934.

This Power of Attorney shall remain in full force and effect until the Filer is no longer required to file Forms ID, 3, 4, and 5 with respect to the Filer’s holdings of and transactions in securities issued by the Company, unless earlier revoked by the Filer in a signed writing delivered to the foregoing attorneys-in-fact.

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 25 day of February, 2019.

	AZVALOR ASSET MANAGEMENT, SGIIC, SA


		/s/ Sergio Fernandez Pacheco
		Signature

		CFO/COO
		Title

		Sergio Fernandez Pacheco
		Print Name

Signature Page to Power of Attorney

AZVALOR ASSET MANAGEMENT SGIIC SA 3