Evolution Petroleum Corporation (EPM) is a petroleum company engaged primarily in the acquisition, exploitation and development of properties for the production of crude oil and natural gas, onshore in the United States. The Company acquires known, underdeveloped oil and natural gas resources and exploits them. The assets that the Company exploits includes project opportunities, such as enhanced oil recovery (EOR), bypassed primary resources and unconventional development. The Company, in its Giddings Field holds 5,005 net developed acres and approximately 3,145 net acres as undeveloped and associated with its drilling locations as of June 30, 2012. The Company�s mineral interests in the Delhi Holt Bryant Unit in the Delhi Field, located in Northeast Louisiana, are its principal assets.