---
schema_version: "secwatch.filing_event.v1"
accession: "0001006655-22-000011"
form_type: "8-K"
ticker: "EPM"
cik: "0001006655"
company_name: "EVOLUTION PETROLEUM CORP"
filed_at: "2022-03-09T23:59:59+00:00"
generated_at: "2026-06-27T00:15:35.761302+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Evolution Petroleum credit facility redetermination raises borrowing base to $50M, sets MCV at $125M

## Summary
- Borrowing base increased from $40M to $50M; Margined Collateral Value set at $125M.
- Current outstanding $20M, utilization 16% below 25% hedging threshold; no additional hedges required.
- If fully drawn ($50M), utilization 40% would require hedging 25% of future production on rolling 12-month basis.
- Facility secured by substantially all oil and gas assets; next redetermination fall 2022.

## SEC filing metadata
- accession: 0001006655-22-000011
- form_type: 8-K
- ticker: EPM
- cik: 0001006655
- company_name: EVOLUTION PETROLEUM CORP
- filed_at: 2022-03-09T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1006655/000100665522000011/0001006655-22-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1006655/000100665522000011/epm-20220304.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001006655-22-000011
- JSON: https://secwatch.observer/filing/0001006655-22-000011.json
- Plain text: https://secwatch.observer/filing/0001006655-22-000011.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.