News

TULSA, Okla. - Empire Petroleum Corporation ("Empire") (OTCQB:EMPR), an operator of conventional oil and gas properties, announced today that certain debt holders have now converted 100% of their remaining debt along with accrued interest into Empire common shares. The purchase of XTO Energy's Eunice-Monument and Arrowhead Grayburg Fields by Empire made on May 14, 2021, was financed with a combination…

Phil Mulacek, Founder of InterOil Corporation owns approximately 18.4% of Empire Corporation Ben Marchive II of Cox Operating with 17 years of Gulf of Mexico operational experience TULSA, Okla - Empire Petroleum Corporation ("Empire") (OTCQB:EMPR) is pleased to announce that its Board of Directors has unanimously voted to appoint Phil Mulacek and Ben Marchive as members of the company's Board…

Presentation on Tuesday, August 17th at 3:10pm MDT / 5:10pm EDT TULSA, Okla. - Empire Petroleum Corporation ("Empire") (OTCQB: EMPR), an oil and gas company with current producing assets in Texas, Louisiana, North Dakota, Montana and New Mexico, today announced that it will be presenting at EnerCom's The Oil & Gas Conference 2021. Tommy Pritchard, Chief Executive Officer, and Mike…

Empire is a Production-Driven Oil & Gas Company Focused On Optimizing ProductionTULSA, Okla. - Empire Petroleum Corporation ("Empire") (OTCQB: EMPR),a production-driven oil and gas company focused on optimizing production,today announced that it has retained PCG Advisory, Inc. ("PCG Advisory"), a leading investor relations and digital strategies firm, to serve as an advisor for investor relations, digital strategies, and strategic communications.…

Acquires Permian Basin upstream assets in the Eunice Monument Field Addition of 48,000 held-by-production acres; production of ~1,100 BOEPD Empire Petroleum Corporation (“Empire”) (OTCQB:EMPR) announced today that it has acquired producing oil and gas assets and related gathering assets located in Lea County, New Mexico through its wholly owned subsidiary, Empire New Mexico LLC (“Empire New Mexico”). The assets were…

Petroleum Independent and Exploration Corporation to jointly develop the Ft. Trinidad Field with Empire Texas LLC Contract Operator, PIE, has identified the first of many workover/recompletion programs to potentially uplift field production Technical Services Agreement integrates geology, geoscience, land, engineering, production, and well supervision Securities Purchase Agreement for PIE to have the opportunity to own up to 40% of Empire…

Acquires Pardus Oil & Gas LLC upstream assets in East Texas along with Pardus’ partnership interest in operating subsidiary Addition of ~30,397 held by production acreage; production of ~400 BOEPD Acquires Pardus Oil & Gas Operating, LP’s midstream assets April 16, 2020 04:10 PM Eastern Daylight Time TULSA, Okla.--(BUSINESS WIRE)--Empire Petroleum Corporation (“Empire”) (OTCQB:EMPR) announced today that it has acquired…

Completes EnergyQuest II AcquisitionCredit Facility Increased with CrossFirst BankTULSA, Okla.--(BUSINESS WIRE)--Empire Petroleum Corporation (“Empire”) (OTCQB:EMPR) announced today that it has acquired producing oil and gas assets located in Billings, Bottineau, Bowman, Burke, McHenry, McKenzie, Mountrail, Renville, Stark & Williams counties in North Dakota and Richland & Sheridan counties in Montana through its wholly owned subsidiary, Empire North Dakota LLC. The…

Completes Exodus AcquisitionCompletes Cardinal AcquisitionCredit Facility Established with CrossFirst BankTULSA, Okla.--(BUSINESS WIRE)--Empire Petroleum Corporation (“Empire”) (OTCQB: EMPR) announced today that it has acquired operated producing oil and gas assets located in St. Landry and Beauregard Parishes in Louisiana through its wholly owned subsidiary, Empire Louisiana, LLC (the “Company”). The assets were acquired from Cardinal Exploration and Production Company and Exodus…

TULSA, Okla.--(BUSINESS WIRE)--Empire Petroleum Corporation (“Empire Petroleum”, “Empire” or the “Company”) (OTCQB: EMPR) today announced in a year-end update to shareholders that it has recently named long-time leading energy investment banker Thomas (Tommy) Pritchard as Chief Executive Officer. In addition, the Company announced that on December 23 it entered into a Letter of Intent (“LOI”) to acquire oil and gas…

TULSA, Okla.--(BUSINESS WIRE)--Empire Petroleum Corporation (OTCQB: EMPR) (“Company”) announced today that the board of directors has retained Pritchard Griffin Advisors (“PGA”) to advise the company on its previously announced potential NW Louisiana transaction and on other prospective mergers, joint ventures and acquisitions for the Company.Mike Morrisett, President of Empire Petroleum Corporation, commented, “We are very pleased to have PGA engaged…

TULSA, Okla.--(BUSINESS WIRE)--Empire Petroleum Corporation (OTCQB: EMPR) announced today that it has entered into a term sheet to acquire producing oil and gas assets located in North Louisiana. Empire anticipates signing a Purchase and Sale Agreement with the counterparty within the next few weeks that will provide for a closing that could occur early in the fourth quarter.The oil and…

TULSA, Okla.--(BUSINESS WIRE)--Empire Petroleum Corporation (OTCQB: EMPR) (“Empire” or the “Company”) is pleased to announce that the Company has been approved to upgrade its common shares from the Pink® Open Market to the OTCQB® Venture Market under the trading symbol “EMPR”, effective January 30, 2017.President Mike Morrisett commented, “Upgrading to the OTCQB is a positive step forward for the Company.…

TULSA, Okla.--(BUSINESS WIRE)--Empire Petroleum Corporation (“Empire”) (OTC Pink: EMPR) announced today that it has entered into an agreement (“Contribution Agreement”) with Masterson West, LLC concerning a newly-formed entity, Masterson West II, LLC (“MWII”). According to the Contribution Agreement signed December 22, 2016, Empire contributed 40,000,000 shares of its common stock to MWII and, at the final closing, Masterson West has…