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Stock impact report

Evolution Petroleum Reports Second Quarter Fiscal 2024 Results and Declares Quarterly Cash Dividend for the Fiscal 2024 Third Quarter

Evolution Petroleum Corporation, Inc. (EPM) 
NASDAQ:AMEX Investor Relations: evolutionpetroleum.com/investor-overview.php
Company Research Source: GlobeNewswire
HOUSTON, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Evolution Petroleum Corporation (NYSE American: EPM) (“Evolution” or the “Company”) today announced its financial and operating results for its fiscal second quarter ended December 31, 2023 (“Fiscal Q2” or the “current quarter”). Evolution also declared a quarterly cash dividend of $0.12 per common share for the fiscal 2024 third quarter. Key Highlights Announced the agreement to acquire non-operated oil and natural gas assets in the SCOOP/STACK plays in Oklahoma. Acquisitions expected to close in early February 2024 with effective date of November 1, 2023.Production of ~1,550 barrels of oil equivalent per day ("BOEPD”) as of effective date.21 DUC’s (completions to be paid for by sellers) at effective date.300 undeveloped locations with average WI of ~3%. Participated in the drilling and completion of the initial three wells in the Chaveroo Field. First production occurred in early February 2024.One well cleaning up, two awaiting connect Show less Read more
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