EVOLUTION PETROLEUM CORP

Ticker: EPM CUSIP: 30049A107 Class: Common Stock

STEPHENS INC /AR/'s Holding History (CIK: 0000757657)

Note: Option positions (PUT/CALL) are excluded.

Q4 2017

Shares 62,100 Value ($000) $425 Avg Close $4.08 Range $3.73 - $4.42

Q3 2017

Shares 65,238 Value ($000) $470 Avg Close $4.35 Range $3.64 - $4.99

Q2 2017

Shares 60,672 Value ($000) $491 Avg Close $4.45 Range $3.84 - $4.81

Q1 2017

Shares 45,430 Value ($000) $363 Avg Close $4.82 Range $4.09 - $5.75

Q4 2016

Shares 22,100 Value ($000) $221 Avg Close $4.70 Range $3.56 - $5.75

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2017	62,100	$425	$4.08	$3.73 - $4.42
Q3 2017	65,238	$470	$4.35	$3.64 - $4.99
Q2 2017	60,672	$491	$4.45	$3.84 - $4.81
Q1 2017	45,430	$363	$4.82	$4.09 - $5.75
Q4 2016	22,100	$221	$4.70	$3.56 - $5.75