1006655--9/27/2010--EVOLUTION_PETROLEUM

related topics

{gas, price, oil}

{stock, price, operating}

{stock, price, share}

{personnel, key, retain}

{property, intellectual, protect}

{acquisition, growth, future}

{cost, regulation, environmental}

{regulation, change, law}

{condition, economic, financial}

Operating results from oil and natural gas production may decline. The types of resources we focus on have substantial operational risks. Our limited operating history and limited production makes it difficult to predict future results and increases the risk of an investment in our company. The loss of a large single purchaser of our oil and natural gas could reduce the competition of our production. We may be unable to continue licensing from third parties the technologies that we use in our business operations. Our proprietary technology may not be awarded patent protection and may not result in a commercial service or product. Regulatory and accounting requirements may require substantial reductions in reporting proven reserves. Our profitability is highly dependent on the prices of crude oil, natural gas, and natural gas liquids, which have historically been very volatile. We may be unable to acquire and develop the additional oil and natural gas reserves that are required in order to sustain our business operations. We are subject to substantial operating risks that may adversely affect our results of operations. The loss of key personnel could adversely affect us. The loss of any of our skilled technical personnel could adversely affect our business. We may have difficulty managing future growth and the related demands on our resources and may have difficulty in achieving future growth. We face strong competition from larger oil and gas companies. The crude oil and natural gas reserves included in this report are only estimates and may prove to be inaccurate. We cannot market the crude oil and natural gas that we produce without the assistance of third parties. Crude oil and natural gas development, re-completion of wells from one reservoir to another reservoir, restoring wells to production and drilling and completing new wells are speculative activities and involve numerous risks and substantial and uncertain costs. Crude oil and natural gas prices are highly volatile in general and low prices will negatively affect our financial results. Oil field service and materials prices may increase, and the availability of such services may be inadequate to meet our needs. Government regulation and liability for environmental matters may adversely affect our business and results of operations. We could be adversely affected by a weak domestic or global economy. Our stock prices has been and may continue to be very volatile. Our executive officers, directors and affiliates may be able to control the election of our directors and all other matters submitted to our stockholders for approval. The market for our common stock is limited and may not provide adequate liquidity. If securities or industry analyst do not publish research reports about our business, or if they downgrade our stock, the price of our common stock could decline. The issuance of additional common stock and preferred stock could dilute existing stockholders. We do not plan to pay any cash dividends on our common stock.

Full 10-K form ▸

1006655--9/27/2010--EVOLUTION_PETROLEUM_CORP