---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-009061"
form_type: "8-K"
ticker: "EPM"
cik: "0001006655"
company_name: "EVOLUTION PETROLEUM CORP"
filed_at: "2025-07-02T23:59:59+00:00"
generated_at: "2026-05-18T09:33:52.879056+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Evolution closes $200M credit facility, recovers $1.8M from Barnett audit

## Summary
- New $200M senior secured credit facility; initial borrowing base $65M, matures June 30, 2028; $37.5M drawn.
- Joint interest audit of Barnett operator Diversified found ~$1.8M overcharges for Sep 2021-Dec 2023.
- Overcharges to reduce lease operating expenses and accounts payable in fiscal Q4 2025.
- Four new Chaveroo wells with >50 days production data significantly outperforming type curves.
- Covenants: max leverage 3.00x, min current ratio 1.00x, min tangible net worth $40M.

## SEC filing metadata
- accession: 0001558370-25-009061
- form_type: 8-K
- ticker: EPM
- cik: 0001006655
- company_name: EVOLUTION PETROLEUM CORP
- filed_at: 2025-07-02T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1006655/000155837025009061/0001558370-25-009061-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1006655/000155837025009061/epm-20250630x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-009061
- JSON: https://secwatch.observer/filing/0001558370-25-009061.json
- Plain text: https://secwatch.observer/filing/0001558370-25-009061.txt

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