EVOLUTION PETROLEUM CORP — Director's Dealing 2009

Mar 7, 2009

SEC Form 3 — Initial Statement of Beneficial Ownership

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

Reporting Person: LOVOI JOHN (10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4669510	Direct

Footnotes

F1: The reporting person is the managing member of Peninsula - JVL Capital Advisors, LLC, which is the general partner of Belridge Energy Advisors, LP, and may be deemed to share dispositive power over 1,969,510 shares of common stock which are owned by Belridge. The reporting person is also the managing member of JVL Advisors, LLC, which is the general partner of each of JVL Global Energy (QP), LP, JVL Global Energy, LP, Navitas Fund LP, Navitas Fund (QP), LP and Chula Partners III, LP, and may be deemed to share power to vote and have the sole power to dispose of the aggregate of 2,700,000 shares of common stock held by those entities. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the reported securities for purposes of Section 16 or for any other purpose.