Empire Petroleum Corporation RESULTS for 1st QUARTER 2025 empirepetroleumcorp.com NYSE American: EP
Disclaimer Forward Looking Statements This presentation has been prepared by Empire Petroleum Corporation (the Company) to assist Investor in making its own evaluation of the Company and any proposed transaction between the Company and…
Q1-2025 Operational and Financial Performance Initiating Phase 1 of Enhanced Oil Recovery (EOR) efforts North Dakota Starbuck Drilling Program yielded encouraging early results Daily production increasing significantly from 80 bbls/d…
Q1-2025 Operational and Financial Performance Q1-2025 Net Production of 2,049 Boe (1) /d including 1,329 Bbls/d Boe/d is comprised 65% oil, 17% NGLs and 18% Natural Gas Financial Performance Q1-2025 total product revenue of…
Operating Strategy 2025 Outlook 1 North Dakota Williston Basin Empire remains focused on stabilizing and optimizing EOR operations in the Starbuck region following extreme weather conditions and technical setbacks Since restoring…
Operating Strategy 2025 Outlook 2 New Mexico Permian Basin After four years of expenditures, Empire is nearing a resolution with the New Mexico Oil Conservation Commission (NMOCD) related to Empires applications to revoke the existing…
Operating Strategy 2025 Outlook 3 Texas East Texas Basin Advancements in technology, reservoir modeling, and improved hydraulic fracturing techniques have significantly enhanced the development potential of the region These…
Financial Performance Capital spend of 2.7MM for Q1-2025 Primarily related to the continued drilling and completions activity related to Empires Starbuck Drilling Program in North Dakota As of 3/31/2025, Empire has 1.1MM cash on…
Thank you Phil Mulacek, Chairman of the Board Mike Morrisett, President, CEO & Director 539.444.8002 infoempirepetrocorp.com Disclaimer: This presentation is for information purposes only and does not constitute an offer to…
Corporate Responsibility and ESG Environmental Good corporate citizenship is a key part of our cultural identity, which includes being positive stewards to the environment and the communities in which we operate. Our focus on…
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