Empire Petroleum Corporation RESULTS for 4th QUARTER and FULL YEAR 2024 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…
4Q and FY 2024 Operational and Financial Performance Enhanced Oil Recovery (EOR) efforts North Dakota Starbuck Drilling Program Remains committed to leveraging advanced recovery technologies to optimize production and convert…
4Q and FY 2024 Operational and Financial Performance Q4 Net Production of 2,356 Boe (1) /day including 1,581 Bbl/day 22% Bbl/d increase comparing Q4-2024 vs. Q4-2023 Boe/day is comprised 67% oil, 17% NGLs and 16% Natural Gas…
Operating Strategy 2025 Outlook 1 North Dakota Williston Basin Empire anticipates completing the final portion of the first EOR phase in 2025 Remains committed to responsible asset management and environmental stewardship, with a…
Operating Strategy 2025 Outlook 2 New Mexico Permian Basin Completed 19 workovers from Q4-2024 to Q1-2025, underscoring Empires commitment to maximizing well productivity, extending asset life, and optimizing operational output Work…
Operating Strategy 2025 Outlook 3 Texas East Texas Basin Empire continues its technical focus into its Texas region, and successfully completed initial infrastructure to begin a new drilling program in Texas Expected to begin in…
Financial Performance Completion of two successful and oversubscribed rights offerings in 2024 20.7MM April Rights Offering at 5.00 per share 10.0MM November Rights Offering at 5.05 per share Empire increased its revolving credit…
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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