Evolution Petroleum – Day Two Breakout Notes

Robert Herlin, Chairman, Chief Executive Officer and Co-founder and Sterling McDonald, Chief Financial Officer at Evolution Petroleum Corporation (EPM) presented today at EnerCom’s The Oil & Gas Conference® 17. Evolution Petroleum Corporation develops incremental petroleum reserves and shareholder value by applying conventional and specialized technology to known oil and gas resources, onshore in the United States.

During the company’s breakout session, management was asked the following questions:

• Can you talk about how you can make more from the Mississippian Lime by taking away capital expenditures from Delhi?
• Can you talk about your EURs and how they are different from the industry?
• Is there any chance your partner at Delhi would try to outspend you?
• How are you credited with reserves? Can you walk us through that process a bit?
• Who’s the operator on the Mississippian Lime?
• Do you think the Mississippian Lime project will be robust, even so much so that free cash flows may not cover the costs?
• Is it too late to get scalar on the Mississippian Lime?
• Do you envision Evolution being a dividend company to entice shareholders?
• Can you walk us through how Evolution uses force pooling in their operations and how the process works?
• Evolution is using $110 per barrel of oil on its Delhi estimates. How did you arrive at that number?

Click here for Evolution Petroleum’s webcast.

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