$EPM
EVOLUTION PETROLEUM CORP Stock $epm

$epm Overview Financials Valuation SEC Filings Company Website

2012 Q2 Form 10-Q Financial Statement

#000110465912035903 Filed on May 10, 2012

Income Statement

Concept	2012 Q2	2012 Q1	2011 Q1
Revenue	$4.582M	$4.849M	$2.017M
YoY Change	44.54%	140.37%	56.36%
Cost Of Revenue	$450.0K	$680.0K	$310.0K
YoY Change	21.62%	119.35%	-24.39%
Gross Profit	$4.130M	$4.170M	$1.710M
YoY Change	48.03%	143.86%	92.13%
Gross Profit Margin	90.14%	86.01%	84.78%
Selling, General & Admin	$1.340M	$1.210M	$970.0K
YoY Change	38.14%	24.74%	19.75%
% of Gross Profit	32.45%	29.02%	56.73%
Research & Development	$350.0K	$350.0K	$390.0K
YoY Change	-10.26%	-10.26%	2.63%
% of Gross Profit	8.47%	8.39%	22.81%
Depreciation & Amortization	$310.0K	$316.7K	$132.5K
YoY Change	55.0%	138.96%	-73.5%
% of Gross Profit	7.51%	7.59%	7.75%
Operating Expenses	$2.010M	$2.575M	$1.819M
YoY Change	27.22%	41.58%	6.36%
Operating Profit	$2.120M	$2.273M	$198.3K
YoY Change	75.22%	1046.59%	-124.18%
Interest Expense	$10.00K	$5.577K	$0.00
YoY Change			-100.0%
% of Operating Profit	0.47%	0.25%	0.0%
Other Income/Expense, Net	-$20.00K	$628.00
YoY Change
Pretax Income	$2.110M	$2.274M	$199.8K
YoY Change	74.38%	1037.94%	-124.67%
Income Tax	$1.010M	$806.0K	$29.42K
% Of Pretax Income	47.87%	35.44%	14.72%
Net Earnings	$1.100M	$1.468M	$170.4K
YoY Change	107.55%	761.43%	-130.99%
Net Earnings / Revenue	24.01%	30.28%	8.45%
Basic Earnings Per Share	$0.03	$0.05	$0.01
Diluted Earnings Per Share	$0.03	$0.04	$0.01
COMMON SHARES
Basic Shares Outstanding	27.82M shares	27.82M shares
Diluted Shares Outstanding		31.79M shares	30.83M shares

Balance Sheet

Concept	2012 Q2	2012 Q1	2011 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$14.68M	$15.47M	$3.200M
YoY Change	226.22%	383.44%	-38.46%
Cash & Equivalents	$14.43M	$15.22M	$2.950M
Short-Term Investments	$250.0K	$250.0K	$250.0K
Other Short-Term Assets	$560.0K	$210.0K	$500.0K
YoY Change	194.74%	-58.0%	150.0%
Inventory
Prepaid Expenses
Receivables	$1.340M	$2.080M	$1.060M
Other Receivables	$190.00	$311.00	$390.0K
Total Short-Term Assets	$16.77M	$17.81M	$5.150M
YoY Change	163.77%	245.76%	-15.57%
LONG-TERM ASSETS
Property, Plant & Equipment	$40.57M	$35.28M	$33.23M
YoY Change	21.04%	6.17%	10.55%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$250.3K	$260.8K	$50.00K
YoY Change	223.9%	421.51%	-16.67%
Total Long-Term Assets	$42.19M	$35.54M	$33.28M
YoY Change	25.57%	6.79%	10.45%
TOTAL ASSETS
Total Short-Term Assets	$16.77M	$17.81M	$5.150M
Total Long-Term Assets	$42.19M	$35.54M	$33.28M
Total Assets	$58.96M	$53.35M	$38.43M
YoY Change	47.57%	38.82%	6.07%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$407.6K	$534.5K	$510.0K
YoY Change	-20.73%	4.81%	15.91%
Accrued Expenses	$4.220M	$680.0K	$720.0K
YoY Change	434.18%	-5.56%	554.55%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$5.089M	$1.922M	$2.090M
YoY Change	130.07%	-8.03%	151.81%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$1.040M	$1.020M	$910.0K
YoY Change	9.47%	12.09%	-22.88%
Total Long-Term Liabilities	$1.040M	$1.020M	$910.0K
YoY Change	9.47%	12.09%	-22.88%
TOTAL LIABILITIES
Total Short-Term Liabilities	$5.089M	$1.922M	$2.090M
Total Long-Term Liabilities	$1.040M	$1.020M	$910.0K
Total Liabilities	$12.33M	$8.251M	$5.890M
YoY Change	90.11%	40.08%	21.19%
SHAREHOLDERS EQUITY
Retained Earnings	$18.06M	$17.13M
YoY Change	33.21%
Common Stock	$29.45M	$28.85M
YoY Change	41.64%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$882.0K	$882.0K
YoY Change	0.0%
Treasury Stock Shares	788.2K shares	788.2K shares
Shareholders Equity	$46.62M	$45.10M	$32.54M
YoY Change
Total Liabilities & Shareholders Equity	$58.96M	$53.35M	$38.43M
YoY Change	47.57%	38.82%	6.07%

Cashflow Statement

Concept	2012 Q2	2012 Q1	2011 Q1
OPERATING ACTIVITIES
Net Income	$1.100M	$1.468M	$170.4K
YoY Change	107.55%	761.43%	-130.99%
Depreciation, Depletion And Amortization	$310.0K	$316.7K	$132.5K
YoY Change	55.0%	138.96%	-73.5%
Cash From Operating Activities	$3.050M	$3.030M	$1.560M
YoY Change	100.66%	94.23%	-18.32%
INVESTING ACTIVITIES
Capital Expenditures	-$1.090M	-$1.220M	-$120.0K
YoY Change	473.68%	916.67%	-7.69%
Acquisitions
YoY Change
Other Investing Activities	-$2.830M	$100.0K	-$990.0K
YoY Change	1186.36%	-110.1%	296.0%
Cash From Investing Activities	-$3.920M	-$1.120M	-$1.120M
YoY Change	880.0%	0.0%	202.7%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	80.00K	-330.0K	90.00K
YoY Change	-52.94%	-466.67%
NET CHANGE
Cash From Operating Activities	3.050M	3.030M	1.560M
Cash From Investing Activities	-3.920M	-1.120M	-1.120M
Cash From Financing Activities	80.00K	-330.0K	90.00K
Net Change In Cash	-790.0K	1.580M	530.0K
YoY Change	-161.24%	198.11%	-65.58%
FREE CASH FLOW
Cash From Operating Activities	$3.050M	$3.030M	$1.560M
Capital Expenditures	-$1.090M	-$1.220M	-$120.0K
Free Cash Flow	$4.140M	$4.250M	$1.680M
YoY Change	142.11%	152.98%	-17.65%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	us-gaap	Income Taxes Paid IncomeTaxesPaid	610000	USD
	us-gaap	Income Taxes Paid IncomeTaxesPaid	152000	USD
	epm	Income Tax Refunds And Carry Backs Received IncomeTaxRefundsAndCarryBacksReceived	28680	USD
	epm	Income Tax Refunds And Carry Backs Received IncomeTaxRefundsAndCarryBacksReceived	979177	USD
	epm	Decrease In Accounts Payable Used To Acquire Oil And Natural Gas Lease Hold Interests And Develop Oil And Natural Gas Properties DecreaseInAccountsPayableUsedToAcquireOilAndNaturalGasLeaseHoldInterestsAndDevelopOilAndNaturalGasProperties	-97853	USD
	epm	Decrease In Accounts Payable Used To Acquire Oil And Natural Gas Lease Hold Interests And Develop Oil And Natural Gas Properties DecreaseInAccountsPayableUsedToAcquireOilAndNaturalGasLeaseHoldInterestsAndDevelopOilAndNaturalGasProperties	-196557	USD
	epm	Increase In Accounts Payable Related To Joint Venture Activities IncreaseInAccountsPayableRelatedToJointVentureActivities	144942	USD
	epm	Oil And Natural Gas Properties Incurred Through Recognition Of Asset Retirement Obligations OilAndNaturalGasPropertiesIncurredThroughRecognitionOfAssetRetirementObligations	-59936	USD
	epm	Oil And Natural Gas Properties Incurred Through Recognition Of Asset Retirement Obligations OilAndNaturalGasPropertiesIncurredThroughRecognitionOfAssetRetirementObligations	-25115	USD
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.11
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.03
	epm	Payment For Development Of Oil And Gas Properties PaymentForDevelopmentOfOilAndGasProperties	2320102	USD
	epm	Payment For Acquisition Of Oil And Gas Properties PaymentForAcquisitionOfOilAndGasProperties	304272	USD
	epm	Payment For Acquisition Of Oil And Gas Properties PaymentForAcquisitionOfOilAndGasProperties	814323	USD
	us-gaap	Payments To Acquire Other Property Plant And Equipment PaymentsToAcquireOtherPropertyPlantAndEquipment	47475	USD
	epm	Proceeds From Maturities Of Certificates Of Deposit ProceedsFromMaturitiesOfCertificatesOfDeposit	1100000	USD
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	27295	USD
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	25532	USD
	us-gaap	Net Income Loss NetIncomeLoss	4036973	USD
	us-gaap	Increase Decrease In Income Taxes Receivable IncreaseDecreaseInIncomeTaxesReceivable	-8346	USD
	us-gaap	Increase Decrease In Income Taxes Receivable IncreaseDecreaseInIncomeTaxesReceivable	-1125374	USD
	epm	Increase Decrease In Amount Due From Joint Interest Partner IncreaseDecreaseInAmountDueFromJointInterestPartner	-78110	USD
	epm	Increase Decrease In Amount Due From Joint Interest Partner IncreaseDecreaseInAmountDueFromJointInterestPartner	230227	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	81423	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	70060	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	32397	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	273286	USD
	us-gaap	Increase Decrease In Royalties Payable IncreaseDecreaseInRoyaltiesPayable	-213316	USD
	us-gaap	Increase Decrease In Royalties Payable IncreaseDecreaseInRoyaltiesPayable	433113	USD
	us-gaap	Increase Decrease In Accrued Taxes Payable IncreaseDecreaseInAccruedTaxesPayable	34102	USD
	us-gaap	Increase Decrease In Accrued Taxes Payable IncreaseDecreaseInAccruedTaxesPayable	-7683	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	7328943	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	1537776	USD
	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	103184	USD
	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	231326	USD
	epm	Payment For Development Of Oil And Gas Properties PaymentForDevelopmentOfOilAndGasProperties	2386332	USD
CY2011Q1	us-gaap	Net Income Loss NetIncomeLoss	170426	USD
	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	-184778	USD
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-2662190	USD
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-1828631	USD
	epm	Proceeds From Issuance Of Restricted Stock ProceedsFromIssuanceOfRestrictedStock	28	USD
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	106049	USD
	us-gaap	Proceeds From Issuance Of Preferred Stock And Preference Stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock	6930535	USD
	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	461815	USD
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	159494	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	6309226	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	106077	USD
	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	10975979	USD
CY2012Q1	us-gaap	Lease Operating Expense LeaseOperatingExpense	662461	USD
CY2011Q1	us-gaap	Lease Operating Expense LeaseOperatingExpense	284577	USD
	us-gaap	Lease Operating Expense LeaseOperatingExpense	1277848	USD
	us-gaap	Lease Operating Expense LeaseOperatingExpense	950382	USD
CY2012Q1	us-gaap	Production Tax Expense ProductionTaxExpense	15165	USD
CY2011Q1	us-gaap	Production Tax Expense ProductionTaxExpense	26308	USD
	us-gaap	Production Tax Expense ProductionTaxExpense	47925	USD
	us-gaap	Production Tax Expense ProductionTaxExpense	54084	USD
CY2012Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	316665	USD
CY2011Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	132516	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	834351	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	358963	USD
CY2012Q1	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	20124	USD
CY2011Q1	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	16233	USD
	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	56712	USD
	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	43314	USD
CY2012Q1	epm	General Administrative Including Noncash Stock Based Compensation GeneralAdministrativeIncludingNoncashStockBasedCompensation	1560658	USD
CY2011Q1	epm	General Administrative Including Noncash Stock Based Compensation GeneralAdministrativeIncludingNoncashStockBasedCompensation	1359161	USD
	epm	General Administrative Including Noncash Stock Based Compensation GeneralAdministrativeIncludingNoncashStockBasedCompensation	4454091	USD
	epm	General Administrative Including Noncash Stock Based Compensation GeneralAdministrativeIncludingNoncashStockBasedCompensation	3976115	USD
CY2012Q1	us-gaap	Operating Expenses OperatingExpenses	2575073	USD
CY2011Q1	us-gaap	Operating Expenses OperatingExpenses	1818795	USD
	us-gaap	Operating Expenses OperatingExpenses	6670927	USD
	us-gaap	Operating Expenses OperatingExpenses	5382858	USD
CY2012Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	2273461	USD
CY2011Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	198280	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	6709165	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	-1017255	USD
CY2012Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	6205	USD
CY2011Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	1562	USD
	us-gaap	Investment Income Interest InvestmentIncomeInterest	20163	USD
	us-gaap	Investment Income Interest InvestmentIncomeInterest	13034	USD
CY2011Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	199842	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	6723751	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-1004221	USD
CY2012Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	805989	USD
CY2011Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	29416	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	2686778	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-227778	USD
	us-gaap	Net Income Loss NetIncomeLoss	-776443	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	2012-03-31
	dei	Amendment Flag AmendmentFlag	false
CY2012Q1	us-gaap	Net Income Loss NetIncomeLoss	1468100	USD
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--06-30
	epm	Revenue From Crude Oil RevenueFromCrudeOil	12212738	USD
	epm	Revenue From Crude Oil RevenueFromCrudeOil	3034333	USD
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2012Q1	epm	Revenue From Natural Gas Liquids RevenueFromNaturalGasLiquids	128319	USD
CY2011Q1	epm	Revenue From Natural Gas Liquids RevenueFromNaturalGasLiquids	228050	USD
CY2011Q1	epm	Revenue From Crude Oil RevenueFromCrudeOil	1607521	USD
	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2012Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	27816963	shares
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2012
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
CY2012Q1	epm	Revenue From Crude Oil RevenueFromCrudeOil	4532942	USD
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	27759487	shares
	epm	Revenue From Natural Gas Liquids RevenueFromNaturalGasLiquids	669463	USD
CY2012Q1	us-gaap	Natural Gas Production Revenue NaturalGasProductionRevenue	187273	USD
CY2011Q1	us-gaap	Natural Gas Production Revenue NaturalGasProductionRevenue	181504	USD
	us-gaap	Natural Gas Production Revenue NaturalGasProductionRevenue	667609	USD
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	27379023	shares
	us-gaap	Natural Gas Production Revenue NaturalGasProductionRevenue	661807	USD
CY2012Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.04
CY2011Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.01
CY2012Q1	us-gaap	Sales Revenue Net SalesRevenueNet	4848534	USD
CY2011Q1	us-gaap	Sales Revenue Net SalesRevenueNet	2017075	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	13380092	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	4365603	USD
CY2012Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	168575	USD
	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	461815	USD
CY2012Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	1299525	USD
CY2011Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	170426	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	3575158	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-776443	USD
CY2012Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.05
CY2011Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.01
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.03
CY2012Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	31785184	shares
CY2011Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	30833505	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	31558152	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	27379023	shares
CY2012Q1	us-gaap	Share Based Compensation ShareBasedCompensation	354469	USD
CY2011Q1	us-gaap	Share Based Compensation ShareBasedCompensation	392533	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	1126034	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	1143413	USD
CY2012Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	15223417	USD
CY2011Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	4247438	USD
CY2012Q1	us-gaap	Certificates Of Deposit At Carrying Value CertificatesOfDepositAtCarryingValue	250000	USD
CY2011Q2	us-gaap	Certificates Of Deposit At Carrying Value CertificatesOfDepositAtCarryingValue	250000	USD
CY2012Q1	epm	Restricted Cash From Joint Interest Partner Current RestrictedCashFromJointInterestPartnerCurrent	60565	USD
CY2011Q2	epm	Restricted Cash From Joint Interest Partner Current RestrictedCashFromJointInterestPartnerCurrent	118194	USD
CY2012Q1	epm	Oil And Natural Gas Sales Receivables Current OilAndNaturalGasSalesReceivablesCurrent	2082481	USD
CY2011Q2	epm	Oil And Natural Gas Sales Receivables Current OilAndNaturalGasSalesReceivablesCurrent	1559404	USD
CY2012Q1	us-gaap	Oil And Gas Joint Interest Billing Receivables Current OilAndGasJointInterestBillingReceivablesCurrent	20622	USD
CY2011Q2	us-gaap	Oil And Gas Joint Interest Billing Receivables Current OilAndGasJointInterestBillingReceivablesCurrent	86105	USD
CY2012Q1	epm	Income Taxes Receivable Current IncomeTaxesReceivableCurrent	20224	USD
CY2011Q2	epm	Income Taxes Receivable Current IncomeTaxesReceivableCurrent	28680	USD
CY2012Q1	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	311	USD
CY2011Q2	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	167	USD
CY2012Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	149275	USD
CY2011Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	67852	USD
CY2012Q1	us-gaap	Assets Current AssetsCurrent	17806895	USD
CY2011Q2	us-gaap	Assets Current AssetsCurrent	6357840	USD
CY2012Q1	us-gaap	Oil And Gas Property Full Cost Method Net OilAndGasPropertyFullCostMethodNet	35189511	USD
CY2011Q2	us-gaap	Oil And Gas Property Full Cost Method Net OilAndGasPropertyFullCostMethodNet	33447564	USD
CY2012Q1	us-gaap	Property Plant And Equipment Other PropertyPlantAndEquipmentOther	89943	USD
CY2011Q2	us-gaap	Property Plant And Equipment Other PropertyPlantAndEquipmentOther	69262	USD
CY2011Q2	epm	Total Oil And Gas Properties TotalOilAndGasProperties	33516826	USD
CY2012Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	260753	USD
CY2011Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	77287	USD
CY2012Q1	us-gaap	Assets Assets	53347102	USD
CY2011Q2	us-gaap	Assets Assets	39951953	USD
CY2012Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	534544	USD
CY2011Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	514177	USD
CY2012Q1	epm	Joint Interest Advances Current JointInterestAdvancesCurrent	60565	USD
CY2011Q2	epm	Joint Interest Advances Current JointInterestAdvancesCurrent	105567	USD
CY2012Q1	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	620099	USD
CY2011Q2	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	682850	USD
CY2012Q1	us-gaap	Accrued Royalties Current AccruedRoyaltiesCurrent	529335	USD
CY2011Q2	us-gaap	Accrued Royalties Current AccruedRoyaltiesCurrent	742651	USD
CY2012Q1	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	116224	USD
CY2011Q2	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	82122	USD
CY2012Q1	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	61493	USD
CY2011Q2	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	84565	USD
CY2012Q1	us-gaap	Liabilities Current LiabilitiesCurrent	1922260	USD
CY2011Q2	us-gaap	Liabilities Current LiabilitiesCurrent	2211932	USD
CY2012Q1	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	5308762	USD
CY2011Q2	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	3330266	USD
CY2012Q1	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	945265	USD
CY2011Q2	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	859586	USD
CY2012Q1	us-gaap	Deferred Rent Credit Noncurrent DeferredRentCreditNoncurrent	74297	USD
CY2011Q2	us-gaap	Deferred Rent Credit Noncurrent DeferredRentCreditNoncurrent	85412	USD
CY2012Q1	us-gaap	Long Term Line Of Credit LongTermLineOfCredit	0	USD
CY2012Q1	us-gaap	Liabilities Liabilities	8250584	USD
CY2011Q2	us-gaap	Liabilities Liabilities	6487196	USD
CY2011Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2012Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2012Q1	us-gaap	Common Stock Value CommonStockValue	28605	USD
CY2011Q2	us-gaap	Common Stock Value CommonStockValue	28400	USD
CY2012Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	28817290	USD
CY2011Q2	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	20761209	USD
CY2012Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	17132328	USD
CY2011Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	13557170	USD
CY2012Q1	us-gaap	Stockholders Equity Before Treasury Stock StockholdersEquityBeforeTreasuryStock	45978540	USD
CY2011Q2	us-gaap	Stockholders Equity Before Treasury Stock StockholdersEquityBeforeTreasuryStock	34346779	USD
CY2012Q1	us-gaap	Treasury Stock Value TreasuryStockValue	882022	USD
CY2011Q2	us-gaap	Treasury Stock Value TreasuryStockValue	882022	USD
CY2012Q1	us-gaap	Stockholders Equity StockholdersEquity	45096518	USD
CY2011Q2	us-gaap	Stockholders Equity StockholdersEquity	33464757	USD
CY2012Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	53347102	USD
CY2011Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	39951953	USD
CY2012Q1	epm	Oil And Natural Gas Properties Excluded From Amortization OilAndNaturalGasPropertiesExcludedFromAmortization	695544	USD
CY2011Q2	epm	Oil And Natural Gas Properties Excluded From Amortization OilAndNaturalGasPropertiesExcludedFromAmortization	2940199	USD
CY2012Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2011Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2012Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	28605163	shares
CY2012Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	27816963	shares
CY2011Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	27612916	shares
CY2012Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2011Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2012Q1	us-gaap	Treasury Stock Shares TreasuryStockShares	788200	shares
CY2011Q2	us-gaap	Treasury Stock Shares TreasuryStockShares	788200	shares
	epm	Payments On Asset Retirement Obligations PaymentsOnAssetRetirementObligations	30969	USD
	epm	Payments On Asset Retirement Obligations PaymentsOnAssetRetirementObligations	1847	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	1978496	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-261965	USD
	epm	Deferred Rent Expenses DeferredRentExpenses	-11115	USD
	epm	Deferred Rent Expenses DeferredRentExpenses	2833	USD
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-32080	USD
	epm	Increase Decrease In Receivables From Oil And Natural Gas Sales IncreaseDecreaseInReceivablesFromOilAndNaturalGasSales	523077	USD
	epm	Increase Decrease In Receivables From Oil And Natural Gas Sales IncreaseDecreaseInReceivablesFromOilAndNaturalGasSales	526375	USD
	epm	Depreciation Depletion And Amortization Cash Flows Impact DepreciationDepletionAndAmortizationCashFlowsImpact	358963	USD

Files In Submission

Name	View Source	Status
0001104659-12-035903-index-headers.html	Edgar Link	pending
0001104659-12-035903-index.html	Edgar Link	pending
0001104659-12-035903.txt	Edgar Link	pending
0001104659-12-035903-xbrl.zip	Edgar Link	pending
a12-8885_110q.htm	Edgar Link	pending
a12-8885_1ex31d1.htm	Edgar Link	pending
a12-8885_1ex31d2.htm	Edgar Link	pending
a12-8885_1ex32d1.htm	Edgar Link	pending
a12-8885_1ex32d2.htm	Edgar Link	pending
epm-20120331.xml	Edgar Link	completed
epm-20120331.xsd	Edgar Link	pending
epm-20120331_cal.xml	Edgar Link	unprocessable
epm-20120331_def.xml	Edgar Link	unprocessable
epm-20120331_lab.xml	Edgar Link	unprocessable
epm-20120331_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
R16.htm	Edgar Link	pending
R17.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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2012 Q2 Form 10-Q Financial Statement

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$EPM EVOLUTION PETROLEUM CORP Stock $epm

2012 Q2 Form 10-Q Financial Statement

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$EPM
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