 |
|
 |
 |
Evolution Petroleum Corporation Reserves
| |
|
6/30/2011 (1)
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|
6/30/2010 (2)
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|
Vol. Change
|
| |
|
Oil,
MBO
|
NGL,
MBL
|
Gas,
MMCF
|
Total,
MBOE
|
PV-10, M
|
|
MBOE
|
PV-10
|
|
2011 vs 2010
|
|
|
|
|
|
|
|
|
|
|
|
|
| Proved Developed Reserves |
|
Delhi |
4,899 |
|
|
4,899 |
$ 192,506 |
|
613 |
$ 22,895 |
|
699% |
|
Giddings |
76 |
101 |
1,395 |
409 |
$ 7,516 |
|
484 |
$ 8,649 |
|
-15% |
|
Lopez, S Tx |
12 |
|
|
12 |
301 |
|
|
|
|
|
|
OK |
|
|
148 |
25 |
$ 210 |
|
23 |
178 |
|
7% |
|
Total Proved Developed |
4,986 |
101 |
1,543 |
5,345 |
$ 200,533 |
|
1,120 |
$ 31,722 |
|
377% |
|
|
|
|
|
|
|
|
|
|
|
|
| Proved Undeveloped Reserves |
|
Delhi |
6,039 |
|
|
6,039 |
$ 141,113 |
|
8,799 |
$ 201,568 |
|
-31% |
|
Giddings |
493 |
611 |
7,241 |
2,312 |
33,285 |
|
2,500 |
32,688 |
|
-8% |
|
Lopez, S Tx |
50 |
|
|
50 |
169 |
|
|
|
|
|
|
OK |
|
|
619 |
103 |
239 |
|
|
|
|
|
|
Total Proved Undeveloped |
6,582 |
611 |
7,861 |
8,503 |
$ 174,806 |
|
11,299 |
$ 234,256 |
|
-25% |
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Proved |
11,568 |
712 |
9,404 |
13,848 |
$ 375,338 |
|
12,418 |
$ 265,978 |
|
12% |
|
|
|
|
|
|
|
|
|
|
|
|
| Probable Developed Reserves |
|
Delhi |
1,902 |
|
|
1,902 |
33,689 |
|
318 |
6,489 |
|
498% |
|
Giddings |
|
|
|
|
|
|
|
|
|
|
|
Lopez, S Tx |
|
|
|
|
|
|
|
|
|
|
|
OK |
|
|
|
|
|
|
|
|
|
|
|
Total Probable Developed |
1,902 |
-
|
-
|
1,902 |
$ 33,689 |
|
318 |
$ 6,489 |
|
498% |
|
|
|
|
|
|
|
|
|
|
|
|
| Probable Undeveloped |
|
Delhi |
3,936 |
|
|
3,936 |
$ 38,720 |
|
5,363 |
$ 44,696 |
|
-27% |
|
Giddings |
|
|
|
|
|
|
978 |
$ 11,768 |
|
-100% |
|
Lopez, S Tx |
378 |
|
|
378 |
3,199 |
|
283 |
785 |
|
33% |
|
OK |
|
|
|
|
|
|
227 |
54 |
|
-100% |
|
Total Probable Undeveloped |
4,314 |
-
|
-
|
4,314 |
$ 41,919 |
|
6,851 |
$ 57,303 |
|
-37% |
|
Total Probable Reserves |
6,216 |
-
|
-
|
6,216 |
$ 75,608 |
|
7,169 |
$ 63,792 |
|
-13% |
(1) Based on constant pricing as prescribed by the SEC at June 30, 2011: $94.81 per BO at Delhi, and $90.09 per BO and $4.21 per MMBTU for Giddings.
(2) Based on constant pricing as prescribed by the SEC as of June 30, 2010: $76.21 per BO at Delhi, and $75.76 per BO and $4.10 per MMBTU at Giddings.
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