secwatch.observer — SEC 8-K summary
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Issuer:     EVOLUTION PETROLEUM CORP (EPM)
CIK:        0001006655
Form:       8-K
Filed at:   2024-02-13T23:59:59+00:00
Accession:  0001558370-24-001063
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.01
LLM model:  deepseek-v4-flash:cloud@v2

Evolution Petroleum closes $43.5M acquisition of SCOOP/STACK assets in Oklahoma
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- Acquired 231 producing wells with ~3% average working interest in Anadarko Basin.
- Current production ~1,550 BOE/d (42% oil, 43% gas, 15% NGLs); includes 3,700 net acres and 300+ drilling locations.
- Purchase price $43.5M plus ~$0.4M adjustments; funded with cash and $42.5M from revolver.
- Sellers: Red Sky Resources III/IV and Coriolis Energy Partners I; effective date Nov 1, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1006655/000155837024001063/0001558370-24-001063-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1006655/000155837024001063/epm-20240212x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-001063

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