Empire Petroleum Corporation Revenue and Competitors

Empire Petroleum Corporation is a conventional oil and natural gas producer with a main focus in the US onshore. The company possesses long-life, low operational cost, mature, producing assets with slow decline profiles in the Permian Basin, Bakken region and central Gulf Coast region, in the states of New Mexico, North Dakota, Montana, Louisiana and Texas. Leveraging operational efficiencies, Empire focuses on economical well rehabilitation, stimulation, field maintenance and management to generate low-risk cash flows that provides stability and growth for shareholders. Lastly, we employ a multi-year hedging program to lock in pricing. Empire has production from operated and non-operated wells in Lea County in New Mexico, Bottineau, Renville, Burke, and McKenzie Counties in North Dakota, Richland County in Montana, St. Landry, Beauregard Parishes in Louisiana and Houston, Leon and Madison Counties in Texas. In addition to current production from wellbores, Empire maintains leases held by production through some of the most prolific acreage in the (~48,000 acres) Permian Central Basin Platform, (~20,000 acres) in the ND/MT Williston Basin, multi-stacked pay zones (Wilcox and Cockfield formations) found in central Louisiana and (~30,000 acres) in the East Texas basin including Woodbine, Eagle Ford and Buda-Rose plays.