EVOLUTION PETROLEUM CORP — Director's Dealing 2005

Apr 27, 2005

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: NATURAL GAS SYSTEMS INC/NEW (NGSY)
CIK: 0001006655
Period of Report: 2004-06-05

Reporting Person: DiPaolo Edward John (Director)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (right to buy)	$1.27	2014-10-22	Common Stock (100000)		Direct

Footnotes

F1: The option vests 50% each year and will be fully vested in 2 years.