EVOLUTION PETROLEUM CORP — Director's Dealing 2008

Oct 29, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EVOLUTION PETROLEUM CORP (EPM)
CIK: 0001006655
Period of Report: 2008-10-24

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-10-24	Common Stock	S	5700000	$1.30	Disposed	14000	Direct
2008-10-24	Common Stock	S	500000	$1.30	Disposed	0	Indirect
2008-10-24	Common Stock	S	500000	$1.30	Disposed	0	Indirect

Footnotes

F1: Represents shares held in trust for the benefit of the Reporting Person's minor child.