Evolution Petroleum pro forma shows $139.2M revenue, $45.7M net income for FY2022 after two asset buys

EVOLUTION PETROLEUM CORP

Acquired Jonah Field (Wyoming) assets for $26.4M and Williston Basin (ND) assets for $25.2M in fiscal 2022.
Pro forma total revenue $139.2M vs historical $108.9M; net income $45.7M vs $32.6M.
Pro forma diluted EPS $1.34, up from $0.96 on same 33.3M diluted shares.
Acquisitions funded with $33M total draw on existing credit facility plus cash on hand.
Unaudited pro forma is for illustrative purposes; actual results may differ.

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