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EPM - Evolution Petroleum: Another Acquisition Closed
Evolution Petroleum Corporation Inc.
2025-09-14 10:36:17 ET
The last article mentioned that an audit of a partner by Evolution Petroleum ( EPM ) management found nearly $2 million. This result highlights the business model of this company. That model is to buy small interests in acreage during times of weakening commodity prices. What often happens is that these acquisitions are paid off when commodity prices recover to set the stage for the next shopping spree. These small interests are often hard to sell and therefore sell for a big discount to an expected price as a general rule. Another of these good deals recently closed ....