EVOLUTION PETROLEUM CORP — Director's Dealing 2011

Jul 22, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EVOLUTION PETROLEUM CORP (EPM)
CIK: 0001006655
Period of Report: 2011-07-19

Reporting Person: CAGAN LAIRD Q (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-07-19	COMMON STOCK	S	3000	$7.66	Disposed	211922	Direct
2011-07-20	COMMON STOCK	S	3000	$7.69	Disposed	208922	Direct
2011-07-21	COMMON STOCK	S	3000	$7.69	Disposed	205922	Direct

Footnotes

F1: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.

F2: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.50 to $7.74, inclusive. The reporting person undertakes to provide to Evolution Petroleum Corporation, any security holder of Evolution Petroleum Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2), (3) and (4) to this Form 4.

F3: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.60 to $7.72, inclusive.

F4: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.64 to $7.73, inclusive.