{"schema_version":"secwatch.filing_event.v1","accession":"0001072613-23-000568","form_type":"8-K","ticker":"EP","cik":"0000887396","company_name":"EMPIRE PETROLEUM CORP","filed_at":"2023-11-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.266482+00:00","generated_at":"2026-06-08T05:57:06.368653+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Empire extends $10M bridge loans to Dec 2024; interest payable in common stock","bullets":["Maturity of $5M loans from Phil Mulacek and Energy Evolution Master Fund extended from Nov 9, 2023 to Dec 31, 2024.","Interest at 7% (9% post-maturity) will be paid in shares of Empire common stock on scheduled dates unless default occurs.","If Senior Secured Revolver is terminated, Empire North Dakota cannot incur secured debt without investor consent.","Loans are junior to existing Senior Secured Revolver with CrossFirst Bank but senior to future unsecured debt.","Interest shares priced using 5-day VWAP of EP common stock preceding each interest payment date."],"urls":{"canonical":"https://secwatch.observer/filing/0001072613-23-000568","json":"https://secwatch.observer/filing/0001072613-23-000568.json","markdown":"https://secwatch.observer/filing/0001072613-23-000568.md","text":"https://secwatch.observer/filing/0001072613-23-000568.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/887396/000107261323000568/0001072613-23-000568-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/887396/000107261323000568/emp_8k-18772.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T05:57:06.368653+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5053eaed3dbe9921d447a5f41896deec626e4993","claim":"EMPIRE PETROLEUM CORP amended loan with Phil Mulacek and Energy Evolution Master Fund, Ltd. maturing December 31, 2024.","evidence_excerpt":"On November 9, 2023, the Investors amended and restated the Bridge Loans with Empire North Dakota (collectively, the “Amended and Restated Bridge Loans”) for the purpose of, among other things: (a) extending the maturity date of the Bridge Loans from November 9, 2023 to December 31, 2024;","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/887396/000107261323000568/0001072613-23-000568-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Counterparty","value":"Phil Mulacek and Energy Evolution Master Fund, Ltd."},{"label":"Maturity","value":"December 31, 2024"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"5ba7ba91b6fa0978a60eb5f7828605c7ea1b5d59","claim":"EMPIRE PETROLEUM CORP amended Amended and Restated Bridge Loans with Phil Mulacek; Energy Evolution Master Fund, Ltd. valued at $5.0 million (effective 2023-11-09).","evidence_excerpt":"On November 9, 2023, the Investors amended and restated the Bridge Loans with Empire North Dakota (collectively, the “Amended and Restated Bridge Loans”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/887396/000107261323000568/0001072613-23-000568-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Phil Mulacek; Energy Evolution Master Fund, Ltd."},{"label":"Value","value":"$5.0 million"},{"label":"Effective","value":"2023-11-09"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}