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Evolution Petroleum Corp. (EPM) Readies for Revenue from Louisiana Project

QualityStocks (August 31st, 2009) Writes:

In today’s economic times, finding a company that has kept at it and done well is the real challenge. For a savvy investor, finding a company that has got right down into the muck and mud and gotten it done is one of the best ways to succeed and profit. Finding these gems can be difficult, but very rewarding in the end.

Evolution Petroleum Corp., a petroleum and associated petroleum products exploration and development company, works to find and exploit petroleum deposits primarily in Louisiana, Oklahoma and Texas. Currently, the company estimates that it has over 4 million barrels of proven petroleum reserves in varying developmental forms.

Although the company classifies itself as a petroleum exploration and development company, its primary focus areas can be better described as CO2 injection, well re-development and shallow shale gas exploitation. Where the CO2 project is concerned, revenue from its 7.2% overriding royalty can be expected

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