{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-098332","form_type":"8-K","ticker":"EPM","cik":"0001006655","company_name":"EVOLUTION PETROLEUM CORP","filed_at":"2026-08-18T20:04:39+00:00","discovered_at":"2026-08-18T20:06:03.895341+00:00","generated_at":"2026-08-18T20:06:24.523777+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Evolution Petroleum to acquire Midland Basin mineral & royalty interests for $16M","bullets":["Acquiring ~3,420 net royalty acres in core Midland Basin (Reagan, Upton, Glasscock, Midland, Martin counties) for $16M cash, subject to adjustments.","Expected to close Aug 21, 2026, effective Aug 1, 2026; funded with offering proceeds, cash on hand, and revolver borrowings.","Deal implies ~4.1x NTM cash flow multiple; expected NTM cash flow of $3.9M (~24.6% yield) and immediately accretive to cash flow per share.","Adds 832 producing wells, 7 completed, 34 DUCs, 27 permitted, ~1,257 upside locations; current production ~210 BOE/d (65% liquids).","Pro forma M&R acres rise to ~9,320; M&R expected to be ~20% of FY2027 asset cash flow mix vs <10% in FY2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-098332","json":"https://secwatch.observer/filing/0001104659-26-098332.json","markdown":"https://secwatch.observer/filing/0001104659-26-098332.md","text":"https://secwatch.observer/filing/0001104659-26-098332.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1006655/000110465926098332/0001104659-26-098332-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1006655/000110465926098332/tm2623236d2_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-18T20:06:24.523777+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}