 HOUSTON, TX ACCESSWIRE August 16, 2021 Evolution Petroleum NYSE American:EPM Evolution or the Company today announced its reserves as determined by its independent reserve engineer, DeGolyer MacNaughton, for the fiscal year ended June 30, 2021. Highlights: Diversified its portfolio through the acquisition of long-life producing assets in the Barnett Shale adding 13.1 million barrels of oil equivalent MMBOE to its reserves Substantially increased fiscal year-end proved reserves to 23.4 MMBOE from 10.2 MMBOE at fiscal year-end 2020 Positive reserve revisions net of production due primarily to the return to service of the Delhi CO2 supply line and well reactivations at Hamilton Dome Reserves based on trailing twelve-month commodity prices that are substantially below current prices Jason Brown, President and Chief Executive Officer, commented, We were pleased to more than double our fiscal 2021 year-end proved reserves with the acquisition of a non-operated ownership interest in Barnett Shale natural gas assets in May 2021. 