Current EPM Stock Info

Evolution Petroleum Corporation (ticker: EPM) will be presenting at the EnerCom Conference on Tuesday August 16, 2016.

Evolution Petroleum is a Houston, TX based exploration and production non-operator with assets in the Delhi Field in Louisiana. Evolution, in partnership with the operator of the Delhi Field applies conventional and specialized technology to known oil and gas plays. The Delhi Field is a CO2-EOR project with 22.8 MMBoe of 2P reserves, 79% of which are oil.

The Delhi Field has 418 million barrels of gross oil in place, with 192 million barrels having been produced prior to the start of the enhanced oil recovery project. The first quarter 2016 net oil production was 1,835 barrels of oil per day. Evolution Petroleum has 26.4% net revenue interest in the Delhi Field.

The company is well positioned for opportunities in the cycles of the industry as they have a debt-free balance sheet and a positive net income reported 18 of the last 19 quarters.

EnerCom Conference Presenter Focus: Evolution Petroleum Corporation

Evolution Petroleum expects to have a NGL plant online in late 2016. The NGL plant will capture C3+ NGL production by a projected 2,000+ barrels of liquid per day. This will improve the CO2 flood efficiency by an expected oil rate of 500 barrels of oil per day. The methane gas that is recovered from this process will also replace a material portion of the natural gas and power that is currently being purchased, thus reducing electricity and lease operating costs throughout the field. The NGL plant has a $24.6 million net CAPEX commitment.

EnerCom’s The Oil & Gas Conference® Denver – August 14-18, 2016

Evolution Petroleum Corporation (ticker: EPM) will be presenting at EnerCom’s The Oil & Gas Conference® 21 in Denver on Tuesday, August 16, 2016 at 11:45am EDT. Conference information and registration for this year’s EnerCom conference may be accessed here.

Legal Notice