In a manner of speaking, yes. Both Eponllyn and Armonia are fragments of the former Ibladesh. Armonia is bigger at the moment, but Eponllyn has greater expansion possibility due to the addition of Ibladesh city. Provided we can feed that pig. Al Arab and Ibladesh are still both extremely depopulated, so we're generating very large surpluses of food. This will change as they grow.
Eponllyn's biggest problem is the lack of nobles. We have plenty of land and potential, but lack of nobility to be able to project our theoretical strength. That was our problem in the war with Armonia. We had plenty of gold, and plenty of recruits to hire, but couldn't get enough nobles to lead those troops. By being careful with their movement, Armonia could slowly advance into our land one region at a time. We were stuck fighting battle we knew we would lose, just to slow them down.