Evolution Petroleum today announced its reserves as determined by its independent reserve engineer, DeGolyer & MacNaughton, for the fiscal year ended June 30, 2021. Highlights: Diversified its portfolio through the acquisition of long-life producing assets in the Barnett Shale adding 13.1 million barrels of oil equivalent to its reserves Substantially increased fiscal year-end proved reserves to 23.4 MMBOE from 10.2 MMBOE [...]
Evolution Petroleum Corp. announced today that Jason Brown, President & Chief Executive Officer and Ryan Stash, Chief Financial Officer will participate in the virtual East Coast IDEAS Investor Conference on June 16 & 17, 2021. Evolution's presentation is scheduled to be available at 7:00 am CST on June 16th and will be accessible through the conference site. The presentation will also be webcasted and can be accessed [...]
Increases Next Dividend Payment by 67% Evolution Petroleum announced today financial results and operating highlights for its fiscal third quarter ended March 31, 2021 . Highlights for the Quarter: Paid the 30th consecutive quarterly cash dividend on common shares on March 31, 2021 Declared a $0.05 per share dividend for the 4th fiscal quarter payable on June 30, 2021, representing a 67% increase from the prior quarter [...]
Purchase of Minerals and Non-operated Working Interests in Long-Life, Liquids Rich Barnett Shale Increases Scale and Further Diversifies Assets Accretive Transaction Supports the Company's Long-Term Dividend Strategy Evolution Petroleum announced today the closing of the acquisition of non-operated oil and gas assets in the Barnett Shale from TG Barnett Resources, LP , a wholly owned subsidiary of Tokyo Gas Americas, Ltd [...]
Evolution Petroleum Corp. today announced that it will release its financial and operational results for the quarter ended March 31, 2021 after the market closes on Monday, May 10, 2021. An investor conference call to review the results will be held on Tuesday, May 11, 2021 at 2:00 p.m. Eastern . The call will be hosted by Jason Brown, President & Chief Executive Officer and Ryan Stash, Chief Financial Officer. Details [...]
Increases Scale With Long-life Gas and Liquids Reserves While Maintaining Balance Sheet Strength Supports the Company's Fundamental Dividend Strategy Evolution Petroleum announced today that it has entered into a definitive agreement to acquire non-operated oil and gas assets in the Barnett Shale from TG Barnett Resources, LP , a wholly owned subsidiary of Tokyo Gas Americas, Ltd. . The purchase price of the Transaction [...]
Evolution Petroleum Corp. today announced the appointment of Marjorie Hargrave to the Company's Board of Directors , effective March 1, 2021. Ms. Hargrave will serve as Chairman of the Audit Committee of the Board. Ms. Hargrave is an experienced executive with a background in financial management, strategic planning, M&A, risk management and investment banking. She currently serves as President and CFO of Enservco, a [...]
Increases Next Dividend Payment by 20% Evolution Petroleum announced today financial results and operating highlights for its fiscal second quarter ended December 31, 2020 . Highlights for the Quarter: Declared and paid 29th consecutive quarterly cash dividend on common shares and increased the next dividend payment by 20%, from $0.025 per share to $0.03 per share, payable on March 31, 2021. Revenues increased by 3.1 [...]
Evolution Petroleum Corp. today announced that it will release its financial and operational results for the quarter ended December 31, 2020 after the market closes on Wednesday, February 3, 2021. An investor conference call to review the results will be held on Thursday, February 4, 2021 at 2:00 p.m. Eastern . The call will be hosted by Jason Brown, President & Chief Executive Officer and Ryan Stash, Chief Financial [...]
Evolution Petroleum announced today financial results and operating highlights for its fiscal first quarter ended September 30, 2020 with comparisons to the fiscal fourth quarter ended June 30, 2020 . Highlights for the Quarter: Paid 28th consecutive quarterly cash dividend on common shares and declared the next dividend payment of $0.025 per share, payable on December 31, 2020. Recorded total revenues of $5.6 million, a [...]
Evolution Petroleum Corporation reported today that David Joe, Chief Financial Officer and Senior Vice President, has elected to retire effective as of December 31, 2020. Mr. Joe joined the predecessor of Evolution as Controller in February 2005 and was named Chief Financial Officer in January 2016. In connection with Mr. Joe's retirement, the Board has appointed Mr. Ryan Stash as the Chief Financial Officer of the [...]
Evolution Petroleum Corporation today announced that it will release its financial and operational results for the quarter ended September 30, 2020 after the market closes on Thursday, November 5, 2020. An investor conference call to review the results will be held on Friday, November 6, 2020 at 2:00 p.m. Eastern . The call will be hosted by Jason Brown, President & Chief Executive Officer and David Joe, Chief Financial [...]