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Stock Market & Financial Investment News

News Breaks
January 28, 2014
09:03 EDTEPMEvolution Petroleum expects to appoint Randall Keys as CFO
Evolution Petroleum announced that Randall Keys is joining the management team and is expected to be elected by the Board of Directors to the positions of Senior Vice President, CFO and Treasurer following the filing of the Company's 10-Q for the quarter ended December 31, 2013 and the effectiveness of Sterling McDonald's previously announced retirement. Randy will also be elected to the position of Executive Vice President of NGS Technologies, a wholly owned subsidiary of Evolution Petroleum that is commercializing its patented GARP artificial lift technology. Keys has 27 years of experience as a senior finance professional in the energy business. He previously served as CFO for publicly traded Far East Energy Corp, BPZ Energy, Core Laboratories and 3DX Technologies.
News For EPM From The Last 14 Days
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February 26, 2015
08:10 EDTEPMEvolution Petroleum and Denbury Resources sign reversal of suspended revenue
Evolution Petroleum (EPM) and Denbury (DNR) executed an agreement under which Denbury will reverse the previously disclosed suspension of 2.89% of Evolution's overriding royalty interest revenues and will release to Evolution amounts previously suspended totaling approximately $712K Denbury further agreed not to suspend any future revenues attributable to any of Evolution's revenue interests, except under limited circumstances, and will limit any cash calls to amounts needed to fund near term capital expenditures. This agreement does not settle any of the outstanding litigation matters with Denbury, including their counterclaim related to the net revenue interest conveyed in the 2006 Purchase and Sale Agreement. The litigation is continuing and currently scheduled for trial in July 2015.
08:08 EDTEPMEvolution Petroleum to proceed with NGL plant in Delhi FieldEvolution Petroleum
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