EVOLUTION PETROLEUM CORP — Director's Dealing 2005

May 13, 2005

SEC Form 3/A — Form 3/A

Issuer: NATURAL GAS SYSTEMS INC/NEW (NGSY)
CIK: 0001006655
Period of Report: 2004-05-26

Reporting Person: MCAFEE ERIC A (10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1000000	Direct
Common Stock	2000000	Indirect
Common Stock	2700000	Indirect
Common Stock	125000	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Common Stock Warrants (right to buy)	$1	2011-05-27	Common Stock (82500)		Indirect

Footnotes

F1: Mr. McAfee shares voting and dispositive power over these shares with his spouse.

F2: Represents shares held by P2 Capital, LLC, an entity owned 50% by Mr. McAfee's spouse and 25% by each of Mr. McAfee's minor children (over which shares Mr. McAfee's spouse holds sole dispositive and voting power). Mr. McAfee disclaims beneficial ownership of these shares.

F3: Represents shares held by McAfee Capital, LLC, an entity owned 50% by each of Mr. McAfee and his spouse. Mr. McAfee shares voting and dispositive power over such shares with his spouse.

F4: Represnts shares held by Berg McAfee Companies, LLC (out of a total of 250,000 shares owned by Berg McAfee Companies, LLC), an entity in which Mr. McAfee owns a 50% interest. Mr. McAfee shares voting and dispositive power over such shares. Mr. McAfee disclaims beneficial ownersghip of 50% of these shares.

F5: Represents warrants held by Cagan McAfee Capital Partner, LLC, of which Mr. McAfee owns a 50% interest and shares voting and dispositive power (out of a total of 165,000 shares owned by Cagan McAfee Capital Partners, LLC). This was previously erroneously reported as 150,000 warrants in the Form 3 filed June 16, 2004.