Empire Petroleum Corporation has assembled a core team of professionals with experience in identifying value, improving production, maintaining leases and driving efficiencies while minimizing costs designed to maximize shareholder value.  Structured as a proved developed producing (PDP) focused company, Empire works to mitigate the steep decline curves and geologic risks associated with exploration and new well development.  Naturally, scale benefits this business strategy and Empire’s management is focused on economically adding working interest through acquisitions and active lease management.

Empire Petroleum, incorporated initially in 1983, and later domesticated in Delaware, was formed through an acquisition in 2001.   Empire’s recent history under its current management team began with the acquisition of assets in central Louisiana mid-year 2018 followed over the next several months by five additional acquisitions.  In late 2018, the company entered into a $20mm senior revolver loan agreement with CrossFirst Bank to aid in the financing of these acquisitions.