According to reddit "At Clusterfest Friday night in San Francisco, Stephen said from the stage that they are releasing a covers only album “of their favorite obscure songs from bands they love”"
Gonna take a moment to look back at Dopamine (the album). Does anyone else feel like Something In You is a fantastic 3EB song that gets overlooked? My only criticism is that it doesn't relish in the buildup long enough.
Bon Iver (“Blood Bank”) Queens Of The Stone Age (“In The Fade”) Santigold (“This Isn’t Our Parade”) Chastity Belt (“Joke”) Babyshambles (“Fuck Forever”) Tim Buckley (“Song To The Siren”) Happy Diving (“Ten”).
Sounds like new material possibly in the form of an album is planned for after the EP. You never know with these guys anymore though.