EVOLUTION PETROLEUM CORP — Director's Dealing 2012

Dec 13, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EVOLUTION PETROLEUM CORP (EPM)
CIK: 0001006655
Period of Report: 2012-12-10

Reporting Person: LOVOI JOHN (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-12-10	Common stock	P	165000	$7.92	Acquired	1285998	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common stock	200000	Indirect
Common stock	1403158	Indirect
Common stock	175274	Indirect
Common stock	279860	Indirect
Common stock	1969510	Indirect

Footnotes

F1: Represents the purchase of shares of common stock by Luxiver, LP.

F2: Represents shares of common stock held by Luxiver, LP.

F3: The reporting person is the managing member of JVL Advisors, LLC, which is the ultimate controlling entity of each of Navitas Fund LP, JVL Partners, LP, Navitas Fund (QP), L.P., and Asklepios Energy Fund, LP. The reporting person is a managing member of Peninsula-JVL Capital Advisors, LLC, which is the general partner of Belridge Energy Advisors, LP, and is a managing member of Lobo Baya, LLC, which is the ultimate controlling entity of Luxiver, LP.

F4: Because of the reporting person's control of Belridge Energy Advisors, LP, Luxiver, LP, Navitas Fund LP, JVL Partners, LP, Navitas Fund (QP), L.P., and Asklepios Energy Fund, LP, the reporting person may be deemed to share the power to vote and the sole power to dispose of the shares of common stock held by those entities, thus he may also be deemed to be the beneficial owner of these shares of common stock. 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.

F5: Represents shares of common stock held by Asklepios Energy Fund, LP.

F6: Represents shares of common stock held by Navitas Fund LP.

F7: Represents shares of common stock held by Navitas Fund (QP), L.P.

F8: Represents shares of common stock held by JVL Partners, LP.

F9: Represents shares of common stock held by Belridge Energy Advisors, LP.