EVOLUTION PETROLEUM CORP — Director's Dealing 2007

Jun 15, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EVOLUTION PETROLEUM CORP (EPM)
CIK: 0001006655
Period of Report: 2006-03-22

Reporting Person: McAfee Marguerite (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-03-22	Common Stock	S	250000	$2.25	Disposed	1750000	Indirect

Footnotes

F1: P2 Capital LLC is an entity owned by Mrs. McAfee and Mr. and Mrs. McAfee's minor children, and over which Marguerite McAfee
has sole voting and despositive power.