$EPM
EVOLUTION PETROLEUM CORP Stock $epm

$epm Overview Financials Valuation SEC Filings Company Website

2011 Q4 Form 10-Q Financial Statement

#000110465912008158 Filed on February 09, 2012

Income Statement

Concept	2011 Q4	2010 Q4
Revenue	$4.647M	$1.179M
YoY Change	293.98%	-1.71%
Cost Of Revenue	$430.0K	$320.0K
YoY Change	34.38%	-17.95%
Gross Profit	$4.220M	$860.0K
YoY Change	390.7%	6.17%
Gross Profit Margin	90.82%	72.92%
Selling, General & Admin	$1.130M	$910.0K
YoY Change	24.18%	9.64%
% of Gross Profit	26.78%	105.81%
Research & Development	$350.0K	$400.0K
YoY Change	-12.5%	-4.76%
% of Gross Profit	8.29%	46.51%
Depreciation & Amortization	$280.8K	$102.4K
YoY Change	174.14%	-81.38%
% of Gross Profit	6.65%	11.91%
Operating Expenses	$2.220M	$1.747M
YoY Change	27.08%	-4.02%
Operating Profit	$2.427M	-$567.4K
YoY Change	-527.68%	-43.82%
Interest Expense	$10.00K	$0.00
YoY Change		-100.0%
% of Operating Profit	0.41%
Other Income/Expense, Net	$6.712K
YoY Change
Pretax Income	$2.434M	-$563.7K
YoY Change	-531.68%	-43.06%
Income Tax	$1.008M	-$102.2K
% Of Pretax Income	41.43%
Net Earnings	$1.425M	-$461.5K
YoY Change	-408.83%	-34.07%
Net Earnings / Revenue	30.67%	-39.13%
Basic Earnings Per Share	$0.05	-$0.02
Diluted Earnings Per Share	$0.04	-$0.02
COMMON SHARES
Basic Shares Outstanding	27.79M shares	27.46M shares
Diluted Shares Outstanding	31.52M shares	27.46M shares

Balance Sheet

Concept	2011 Q4	2010 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$13.90M	$2.670M
YoY Change	420.6%	-32.58%
Cash & Equivalents	$13.65M	$2.421M
Short-Term Investments	$250.0K	$250.0K
Other Short-Term Assets	$240.0K	$2.670M
YoY Change	-91.01%	1680.0%
Inventory
Prepaid Expenses
Receivables	$1.960M	$500.0K
Other Receivables	$7.958K	$1.600M
Total Short-Term Assets	$16.21M	$7.440M
YoY Change	117.88%	9.25%
LONG-TERM ASSETS
Property, Plant & Equipment	$35.01M	$32.71M
YoY Change	7.03%	9.32%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$100.9K	$50.00K
YoY Change	101.89%	0.0%
Total Long-Term Assets	$35.11M	$32.75M
YoY Change	7.22%	9.24%
TOTAL ASSETS
Total Short-Term Assets	$16.21M	$7.440M
Total Long-Term Assets	$35.11M	$32.75M
Total Assets	$51.32M	$40.19M
YoY Change	27.7%	9.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$967.8K	$2.780M
YoY Change	-65.19%	270.67%
Accrued Expenses	$490.0K	$940.0K
YoY Change	-47.87%	840.0%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$2.302M	$4.240M
YoY Change	-45.7%	281.98%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$990.0K	$1.210M
YoY Change	-18.18%	15.24%
Total Long-Term Liabilities	$990.0K	$1.210M
YoY Change	-18.18%	15.24%
TOTAL LIABILITIES
Total Short-Term Liabilities	$2.302M	$4.240M
Total Long-Term Liabilities	$990.0K	$1.210M
Total Liabilities	$7.882M	$8.310M
YoY Change	-5.16%	58.29%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock	$28.49M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)	$882.0K
YoY Change
Treasury Stock Shares	788.2K shares
Shareholders Equity	$43.44M	$31.88M
YoY Change
Total Liabilities & Shareholders Equity	$51.32M	$40.19M
YoY Change	27.7%	9.24%

Cashflow Statement

Concept	2011 Q4	2010 Q4
OPERATING ACTIVITIES
Net Income	$1.425M	-$461.5K
YoY Change	-408.83%	-34.07%
Depreciation, Depletion And Amortization	$280.8K	$102.4K
YoY Change	174.14%	-81.38%
Cash From Operating Activities	$2.370M	-$180.0K
YoY Change	-1416.67%	500.0%
INVESTING ACTIVITIES
Capital Expenditures	-$1.350M	-$200.0K
YoY Change	575.0%	1900.0%
Acquisitions
YoY Change
Other Investing Activities	$310.0K	-$680.0K
YoY Change	-145.59%	9.68%
Cash From Investing Activities	-$1.050M	-$890.0K
YoY Change	17.98%	41.27%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	710.0K	0.000
YoY Change
NET CHANGE
Cash From Operating Activities	2.370M	-180.0K
Cash From Investing Activities	-1.050M	-890.0K
Cash From Financing Activities	710.0K	0.000
Net Change In Cash	2.030M	-1.070M
YoY Change	-289.72%	62.12%
FREE CASH FLOW
Cash From Operating Activities	$2.370M	-$180.0K
Capital Expenditures	-$1.350M	-$200.0K
Free Cash Flow	$3.720M	$20.00K
YoY Change	18500.0%	-200.0%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.07
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.08
CY2010Q4	us-gaap	Net Income Loss NetIncomeLoss	-461535	USD
CY2010Q4	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-102207	USD
CY2010Q4	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-563742	USD
CY2010Q4	us-gaap	Investment Income Interest InvestmentIncomeInterest	3705	USD
CY2010Q4	us-gaap	Operating Income Loss OperatingIncomeLoss	-567447	USD
CY2010Q4	us-gaap	Operating Expenses OperatingExpenses	1746879	USD
CY2010Q4	epm	General Administrative Including Noncash Stock Based Compensation GeneralAdministrativeIncludingNoncashStockBasedCompensation	1309387	USD
CY2010Q4	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	10766	USD
CY2010Q4	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	102429	USD
CY2010Q4	us-gaap	Production Tax Expense ProductionTaxExpense	13073	USD
CY2010Q4	us-gaap	Lease Operating Expense LeaseOperatingExpense	311224	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-946869	USD
CY2010Q4	us-gaap	Sales Revenue Net SalesRevenueNet	1179432	USD
CY2010Q4	us-gaap	Natural Gas Production Revenue NaturalGasProductionRevenue	169343	USD
CY2010Q4	epm	Revenue From Natural Gas Liquids RevenueFromNaturalGasLiquids	231495	USD
CY2010Q4	epm	Revenue From Crude Oil RevenueFromCrudeOil	778594	USD
CY2011Q4	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	1259950	USD
CY2010Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.02
CY2011Q4	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	165405	USD
CY2011Q4	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1008195	USD
CY2011Q4	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	2433550	USD
CY2011Q4	us-gaap	Investment Income Interest InvestmentIncomeInterest	6712	USD
	us-gaap	Net Income Loss NetIncomeLoss	-946869	USD
CY2011Q4	us-gaap	Operating Income Loss OperatingIncomeLoss	2426838	USD
CY2011Q4	us-gaap	Operating Expenses OperatingExpenses	2219864	USD
CY2011Q4	epm	General Administrative Including Noncash Stock Based Compensation GeneralAdministrativeIncludingNoncashStockBasedCompensation	1488258	USD
CY2011Q4	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	19616	USD
CY2011Q4	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	280795	USD
CY2011Q4	us-gaap	Production Tax Expense ProductionTaxExpense	18725	USD
CY2011Q4	us-gaap	Lease Operating Expense LeaseOperatingExpense	412470	USD
CY2011Q4	us-gaap	Sales Revenue Net SalesRevenueNet	4646702	USD
CY2011Q4	us-gaap	Natural Gas Production Revenue NaturalGasProductionRevenue	232530	USD
CY2011Q4	epm	Revenue From Natural Gas Liquids RevenueFromNaturalGasLiquids	182971	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-257194	USD
CY2011Q4	epm	Revenue From Crude Oil RevenueFromCrudeOil	4231201	USD
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.03
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.03
CY2010Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.02
CY2011Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.04
CY2011Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.05
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	27308920	shares
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-1204063	USD
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	31394528	shares
CY2010Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	27457118	shares
CY2011Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	31515271	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	27308920	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	27731062	shares
CY2010Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	27457118	shares
CY2011Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	27792768	shares
	us-gaap	Investment Income Interest InvestmentIncomeInterest	11472	USD
	epm	Increase Decrease In Receivables From Oil And Natural Gas Sales IncreaseDecreaseInReceivablesFromOilAndNaturalGasSales	-37700	USD
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-32080	USD
	epm	Deferred Rent Expenses DeferredRentExpenses	1889	USD
	us-gaap	Pension And Other Postretirement Benefit Expense PensionAndOtherPostretirementBenefitExpense	315000	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-294725	USD
	epm	Payments On Asset Retirement Obligations PaymentsOnAssetRetirementObligations	1847	USD
	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	27081	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	750880	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	226447	USD
	epm	Oil And Natural Gas Properties Incurred Through Recognition Of Asset Retirement Obligations OilAndNaturalGasPropertiesIncurredThroughRecognitionOfAssetRetirementObligations	-47200	USD
	epm	Increase In Accounts Payable Related To Joint Venture Activities IncreaseInAccountsPayableRelatedToJointVentureActivities	9576	USD
	epm	Decrease In Accounts Payable Used To Acquire Oil And Natural Gas Lease Hold Interests And Develop Oil And Natural Gas Properties DecreaseInAccountsPayableUsedToAcquireOilAndNaturalGasLeaseHoldInterestsAndDevelopOilAndNaturalGasProperties	449146	USD
	us-gaap	Income Taxes Paid IncomeTaxesPaid	513581	USD
CY2011Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	13646120	USD
CY2011Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	4247438	USD
	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	9398682	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	6637295	USD
	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	293240	USD
	us-gaap	Proceeds From Issuance Of Preferred Stock And Preference Stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock	6930535	USD
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-1540969	USD
CY2011Q2	epm	Restricted Cash From Joint Interest Partner Current RestrictedCashFromJointInterestPartnerCurrent	118194	USD
CY2011Q4	epm	Oil And Natural Gas Sales Receivables Current OilAndNaturalGasSalesReceivablesCurrent	1961427	USD
CY2011Q2	epm	Oil And Natural Gas Sales Receivables Current OilAndNaturalGasSalesReceivablesCurrent	1559404	USD
CY2011Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2011Q2	us-gaap	Treasury Stock Shares TreasuryStockShares	788200	shares
CY2011Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	27612916	shares
CY2011Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2011Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2011Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000	shares
CY2011Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2011Q4	us-gaap	Assets Current AssetsCurrent	16210352	USD
CY2011Q2	epm	Oil And Natural Gas Properties Excluded From Amortization OilAndNaturalGasPropertiesExcludedFromAmortization	2940199	USD
CY2011Q2	us-gaap	Assets Current AssetsCurrent	6357840	USD
CY2011Q4	us-gaap	Oil And Gas Property Full Cost Method Net OilAndGasPropertyFullCostMethodNet	34947310	USD
CY2011Q2	us-gaap	Oil And Gas Property Full Cost Method Net OilAndGasPropertyFullCostMethodNet	33447564	USD
CY2011Q4	us-gaap	Property Plant And Equipment Other PropertyPlantAndEquipmentOther	65488	USD
CY2011Q2	us-gaap	Property Plant And Equipment Other PropertyPlantAndEquipmentOther	69262	USD
CY2011Q4	us-gaap	Oil And Gas Joint Interest Billing Receivables Current OilAndGasJointInterestBillingReceivablesCurrent	101454	USD
CY2011Q2	us-gaap	Oil And Gas Joint Interest Billing Receivables Current OilAndGasJointInterestBillingReceivablesCurrent	86105	USD
CY2011Q2	epm	Income Taxes Receivable Current IncomeTaxesReceivableCurrent	28680	USD
CY2011Q4	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	7958	USD
CY2011Q2	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	167	USD
CY2011Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	170212	USD
CY2011Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	788200	shares
CY2011Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	27816963	shares
CY2011Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	28605163	shares
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CY2011Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	67852	USD
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CY2011Q4	epm	Total Oil And Gas Properties TotalOilAndGasProperties	35012798	USD
CY2011Q2	epm	Total Oil And Gas Properties TotalOilAndGasProperties	33516826	USD
CY2011Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	100944	USD
CY2011Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	77287	USD
CY2011Q4	us-gaap	Assets Assets	51324094	USD
CY2011Q2	us-gaap	Assets Assets	39951953	USD
CY2011Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	967809	USD
CY2011Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	514177	USD
CY2011Q4	epm	Joint Interest Advances Current JointInterestAdvancesCurrent	73181	USD
CY2011Q2	epm	Joint Interest Advances Current JointInterestAdvancesCurrent	105567	USD
CY2011Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	414465	USD
CY2011Q2	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	682850	USD
CY2011Q4	us-gaap	Accrued Royalties Current AccruedRoyaltiesCurrent	620426	USD
CY2011Q2	us-gaap	Accrued Royalties Current AccruedRoyaltiesCurrent	742651	USD
CY2011Q4	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	175401	USD
CY2011Q2	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	82122	USD
CY2011Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	50961	USD
CY2011Q2	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	84565	USD
CY2011Q4	us-gaap	Liabilities Current LiabilitiesCurrent	2302243	USD
CY2011Q2	us-gaap	Liabilities Current LiabilitiesCurrent	2211932	USD
CY2011Q4	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	4588372	USD
CY2011Q2	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	3330266	USD
CY2011Q4	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	912405	USD
CY2011Q2	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	859586	USD
CY2011Q4	us-gaap	Deferred Rent Credit Noncurrent DeferredRentCreditNoncurrent	78583	USD
CY2011Q2	us-gaap	Deferred Rent Credit Noncurrent DeferredRentCreditNoncurrent	85412	USD
CY2011Q4	us-gaap	Liabilities Liabilities	7881603	USD
	epm	Deferred Rent Expenses DeferredRentExpenses	-6829	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	1258106	USD
CY2011Q2	us-gaap	Liabilities Liabilities	6487196	USD
CY2011Q4	us-gaap	Common Stock Value CommonStockValue	28605	USD
CY2011Q2	us-gaap	Common Stock Value CommonStockValue	28400	USD
CY2011Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	28462788	USD
CY2011Q2	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	20761209	USD
CY2011Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	13557170	USD
CY2011Q4	us-gaap	Stockholders Equity Before Treasury Stock StockholdersEquityBeforeTreasuryStock	44324513	USD
CY2011Q2	us-gaap	Stockholders Equity Before Treasury Stock StockholdersEquityBeforeTreasuryStock	34346779	USD
CY2011Q4	us-gaap	Treasury Stock Value TreasuryStockValue	882022	USD
CY2011Q2	us-gaap	Treasury Stock Value TreasuryStockValue	882022	USD
CY2011Q4	us-gaap	Stockholders Equity StockholdersEquity	43442491	USD
CY2011Q2	us-gaap	Stockholders Equity StockholdersEquity	33464757	USD
CY2011Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	51324094	USD
CY2011Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	39951953	USD
CY2011Q4	us-gaap	Certificates Of Deposit At Carrying Value CertificatesOfDepositAtCarryingValue	250000	USD
CY2011Q2	us-gaap	Certificates Of Deposit At Carrying Value CertificatesOfDepositAtCarryingValue	250000	USD
CY2011Q4	epm	Restricted Cash From Joint Interest Partner Current RestrictedCashFromJointInterestPartnerCurrent	73181	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	-1215535	USD
	us-gaap	Operating Expenses OperatingExpenses	3564063	USD
	epm	General Administrative Including Noncash Stock Based Compensation GeneralAdministrativeIncludingNoncashStockBasedCompensation	2616954	USD
CY2011Q4	us-gaap	Share Based Compensation ShareBasedCompensation	354871	USD
CY2010Q4	us-gaap	Share Based Compensation ShareBasedCompensation	396394	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	771566	USD
	us-gaap	Production Tax Expense ProductionTaxExpense	27776	USD
	us-gaap	Lease Operating Expense LeaseOperatingExpense	665805	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	2348528	USD
	us-gaap	Natural Gas Production Revenue NaturalGasProductionRevenue	480303	USD
	epm	Revenue From Natural Gas Liquids RevenueFromNaturalGasLiquids	441413	USD
	epm	Revenue From Crude Oil RevenueFromCrudeOil	1426812	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	2275633	USD
	us-gaap	Net Income Loss NetIncomeLoss	2568873	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1880789	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	4449662	USD
	us-gaap	Investment Income Interest InvestmentIncomeInterest	13958	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	4435704	USD
	us-gaap	Operating Expenses OperatingExpenses	4095854	USD
	epm	General Administrative Including Noncash Stock Based Compensation GeneralAdministrativeIncludingNoncashStockBasedCompensation	2893433	USD
	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	36588	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	517686	USD
	us-gaap	Production Tax Expense ProductionTaxExpense	32760	USD
	us-gaap	Lease Operating Expense LeaseOperatingExpense	615387	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	8531558	USD
	us-gaap	Natural Gas Production Revenue NaturalGasProductionRevenue	480336	USD
	epm	Revenue From Natural Gas Liquids RevenueFromNaturalGasLiquids	371426	USD
	epm	Revenue From Crude Oil RevenueFromCrudeOil	7679796	USD
CY2010Q4	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-461535	USD
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	23657	USD
	epm	Payment For Acquisition Of Oil And Gas Properties PaymentForAcquisitionOfOilAndGasProperties	174604	USD
	epm	Payment For Development Of Oil And Gas Properties PaymentForDevelopmentOfOilAndGasProperties	1329930	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	4302356	USD
	us-gaap	Increase Decrease In Royalties Payable IncreaseDecreaseInRoyaltiesPayable	-122225	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-307079	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	102360	USD
	epm	Increase Decrease In Amount Due From Joint Interest Partner IncreaseDecreaseInAmountDueFromJointInterestPartner	-6854	USD
	us-gaap	Increase Decrease In Income Taxes Receivable IncreaseDecreaseInIncomeTaxesReceivable	-20889	USD
	epm	Increase Decrease In Receivables From Oil And Natural Gas Sales IncreaseDecreaseInReceivablesFromOilAndNaturalGasSales	402023	USD
	dei	Entity Registrant Name EntityRegistrantName	EVOLUTION PETROLEUM CORP
	dei	Entity Central Index Key EntityCentralIndexKey	0001006655
	dei	Document Type DocumentType	10-Q
	dei	Document Period End Date DocumentPeriodEndDate	2011-12-31
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--06-30
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	epm	Proceeds From Issuance Of Restricted Stock ProceedsFromIssuanceOfRestrictedStock	28	USD
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-714522	USD
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	16723	USD
	epm	Proceeds From Maturities Of Certificates Of Deposit ProceedsFromMaturitiesOfCertificatesOfDeposit	1100000	USD
	epm	Payment For Acquisition Of Oil And Gas Properties PaymentForAcquisitionOfOilAndGasProperties	689759	USD
	epm	Payment For Development Of Oil And Gas Properties PaymentForDevelopmentOfOilAndGasProperties	1339366	USD
	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	231326	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-19007	USD
	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2012Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	27816963	shares
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2012
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	epm	Oil And Natural Gas Properties Incurred Through Recognition Of Asset Retirement Obligations OilAndNaturalGasPropertiesIncurredThroughRecognitionOfAssetRetirementObligations	-25115	USD
	epm	Increase In Accounts Payable Related To Joint Venture Activities IncreaseInAccountsPayableRelatedToJointVentureActivities	1710033	USD
	epm	Decrease In Accounts Payable Used To Acquire Oil And Natural Gas Lease Hold Interests And Develop Oil And Natural Gas Properties DecreaseInAccountsPayableUsedToAcquireOilAndNaturalGasLeaseHoldInterestsAndDevelopOilAndNaturalGasProperties	256287	USD
	us-gaap	Income Taxes Paid IncomeTaxesPaid	7000	USD
CY2010Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2420807	USD
CY2010Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	3138259	USD
	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	-717452	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	16077	USD
	epm	Payments On Asset Retirement Obligations PaymentsOnAssetRetirementObligations	30969	USD
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	16049	USD
	us-gaap	Increase Decrease In Royalties Payable IncreaseDecreaseInRoyaltiesPayable	-42615	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-41995	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	44655	USD
	epm	Increase Decrease In Amount Due From Joint Interest Partner IncreaseDecreaseInAmountDueFromJointInterestPartner	177713	USD
	us-gaap	Increase Decrease In Income Taxes Receivable IncreaseDecreaseInIncomeTaxesReceivable	-84769	USD

Files In Submission

Name	View Source	Status
0001104659-12-008158-index-headers.html	Edgar Link	pending
0001104659-12-008158-index.html	Edgar Link	pending
0001104659-12-008158.txt	Edgar Link	pending
0001104659-12-008158-xbrl.zip	Edgar Link	pending
a12-3823_110q.htm	Edgar Link	pending
a12-3823_1ex31d1.htm	Edgar Link	pending
a12-3823_1ex31d2.htm	Edgar Link	pending
a12-3823_1ex32d1.htm	Edgar Link	pending
a12-3823_1ex32d2.htm	Edgar Link	pending
epm-20111231.xml	Edgar Link	completed
epm-20111231.xsd	Edgar Link	pending
epm-20111231_cal.xml	Edgar Link	unprocessable
epm-20111231_def.xml	Edgar Link	unprocessable
epm-20111231_lab.xml	Edgar Link	unprocessable
epm-20111231_pre.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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2011 Q4 Form 10-Q Financial Statement

#000110465912008158 Filed on February 09, 2012

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$EPM EVOLUTION PETROLEUM CORP Stock $epm

2011 Q4 Form 10-Q Financial Statement

#000110465912008158 Filed on February 09, 2012

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Balance Sheet

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Files In Submission

$EPM
EVOLUTION PETROLEUM CORP Stock $epm