Evolution Petroleum Corp Announces Midland Basin Mineral Acquisition

What Happened
Evolution Petroleum Corporation announced on August 20, 2026 that it has completed its previously announced acquisition of certain mineral interests, royalty interests and overriding royalty interests in oil and gas properties located in the Midland Basin. The acquisition closed pursuant to a Purchase and Sale Agreement executed on August 18, 2026 and was previously disclosed in the company’s 8-K filed August 18, 2026. A press release describing the closing was furnished as Exhibit 99.1 to the August 20, 2026 Form 8-K.

Key Details

• Acquisition closed: August 20, 2026.
• Purchase and Sale Agreement executed: August 18, 2026.
• Assets acquired: mineral interests, royalty interests and overriding royalty interests in the Midland Basin.
• Affected counties in Texas: Reagan, Upton, Glasscock, Midland and Martin.
• Press release attached to the 8-K as Exhibit 99.1.

Why It Matters
This filing confirms Evolution Petroleum has expanded its acreage exposure and future royalty revenue potential in the Midland Basin, a significant U.S. oil-producing region. For investors, the transaction may affect the company’s resource base and future cash flows from royalties; the 8-K and attached press release provide the official closing notice and location details but do not disclose purchase price or immediate financial impacts.