UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
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Item 2.01Completion of Acquisition or Disposition of Assets.
On August 4, 2025, Evolution Petroleum Corporation (the “Company” or “Evolution”), completed the acquisition of certain mineral and royalty interests in the SCOOP/STACK area of Oklahoma from a non-affiliated private seller (the “Transaction”) in a cash transaction valued at approximately $17.0 million, subject to customary post-closing adjustments. The Transaction has an effective date of May 1, 2025 (the “Effective Date”). The acquired assets include approximately 5,500 net royalty acres located primarily in Grady and Canadian Counties, Oklahoma. At the Effective Date, the acquired assets produce approximately 420 net barrels of oil equivalent per day, with a commodity mix of approximately 54% natural gas, 15% oil and 31% natural gas liquids. The Company expects to receive the vast majority of the cash flow earned between the Effective Date and the closing date, August 4, 2025, within the next 90 days through receipt of a final closing statement. The Transaction is not significant to the Company under SEC Rule 3-05 of Regulation S-X and thus the Company does not intend to prepare pro forma financial statements for the assets acquired.
The Transaction was funded through a combination of cash on hand and borrowings under the Company's existing credit facility.
Item 7.01Regulation FD Disclosure.
On August 6, 2025, the Company issued a press release disclosing the Transaction. A copy of the press release is included herewith as Exhibit 99.1 and the information in the press release is incorporated by reference into this Item 7.01. Exhibit 99.1 shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and will not be incorporated by reference into any registration statement filed under the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated therein by reference.
Item 9.01Financial Statements and Exhibits
(d) Exhibits
Exhibit No. | Description |
Evolution Petroleum Corporation Press Release dated August 6, 2025 | |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Evolution Petroleum Corporation (Registrant) | |||
Date: August 6, 2025 | By: | /s/ RYAN STASH | |
Name: | Ryan Stash | ||
Title: | Senior Vice President and Chief Financial Officer | ||