EVOLUTION PETROLEUM CORP — Director's Dealing 2006

Jun 23, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NATURAL GAS SYSTEMS INC/NEW (NGSY)
CIK: 0001006655
Period of Report: 2006-06-22

Reporting Person: CAGAN LAIRD Q (Director, 10% Owner)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-06-22	Warrant to purchase common stock	$2.25	A	13165	Acquired	2013-06-22	Common Stock (13165)	Direct

Footnotes

F1: Securities issued in connnection with private placement services.