Evolution Petroleum Announces Fiscal First Quarter 2011 Earnings Release and Conference Call Schedule

HOUSTON, Nov. 5, 2010 /PRNewswire-FirstCall/ -- Evolution Petroleum Corporation (NYSE Amex: EPM) announced today that it will release its fiscal first quarter 2011 financial and operating results at approximately 6:00 a.m. Eastern on Thursday, November 11, 2010.  In conjunction with the release, the Company has scheduled a conference call, which will also be broadcast live over the Internet, on Thursday, November 11 at 11:00 a.m. Eastern (10:00 a.m. Central).  The call will be hosted by Robert Herlin, CEO, and Sterling McDonald, CFO.

For those who cannot listen to the live call, a telephonic replay will be available through November 18, 2010 and may be accessed by calling 303-590-3030 and using the pass code 4381461#.  Also, an archive of the webcast will be available after the call on the Company's website.

About Evolution Petroleum

Evolution Petroleum Corporation acquires known, onshore oil and gas resources and applies conservative financing with conventional and specialized technology to accelerate production and develop incremental reserves and value.  The Company is positioned to continue its growth through development projects. Principal assets as of June 30, 2010 include 12.4 MMBOE of proved reserves with PV10 of $266 million and 7.2 MMBOE of probable reserves with PV10 of $64 million in the producing Delhi Field EOR project in Louisiana, the Giddings Field of Central Texas, Woodford shale gas in Eastern Oklahoma and Lopez Field in South Texas. Other assets include over 17,000 net acres in the Woodford shale gas project and a proprietary artificial lift technology intended to extend the life of horizontal wells with oil or associated water production.

Additional information, including the Company's annual report on Form 10-K and its quarterly reports on Form 10-Q, can be accessed on its website.

SOURCE Evolution Petroleum Corporation