{"schema_version":"secwatch.filing_event.v1","accession":"0001072613-23-000575","form_type":"8-K","ticker":"EP","cik":"0000887396","company_name":"EMPIRE PETROLEUM CORP","filed_at":"2023-11-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.266680+00:00","generated_at":"2026-06-08T05:57:21.613603+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Empire Petroleum Q3 net loss $2.7M, revenue $10.3M; Starbuck drilling shows positive initial results","bullets":["Net sales volumes 2,048 Boe/d (64% oil), down from 2,135 Boe/d in Q2 2023 and 2,232 Boe/d in Q3 2022.","Revenue $10.3M, net loss $2.7M ($0.12/diluted share), Adjusted Net Loss $1.5M ($0.06/share), Adjusted EBITDA $0.1M.","Liquidity $11.3M at quarter-end; secured $10M bridge loans from Chairman Mulacek and largest shareholder EEMF.","Starbuck Drilling Program commenced October 2023; plans 10-14 wells at $20-22M total cost; first two wells exceed expectations on porosity/thickness.","Acquired additional working interests in New Mexico properties alongside EEMF to support near-term development."],"urls":{"canonical":"https://secwatch.observer/filing/0001072613-23-000575","json":"https://secwatch.observer/filing/0001072613-23-000575.json","markdown":"https://secwatch.observer/filing/0001072613-23-000575.md","text":"https://secwatch.observer/filing/0001072613-23-000575.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/887396/000107261323000575/0001072613-23-000575-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/887396/000107261323000575/emp_8k-18773.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T05:57:21.613603+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":"1c902857d1bc8a894ad35d7f0a3472e4b61f7f38","claim":"EMPIRE PETROLEUM CORP reported third quarter 2023 results: revenue $10.3 million, net income $2.7 million, EPS $0.12 per diluted share.","evidence_excerpt":"gas) for the second quarter of 2023. Sales volumes for the third quarter of 2022 were 2,232 Boe/d (60% oil, 21% NGLs, and 19% natural gas); · Reported product revenue of $10.3 million, a net loss of $2.7 million, or $0.12 per diluted share, and an Adjusted Net Loss 1 of $1.5 million, or $0.06 per diluted share; · Generated Adjusted EBITDA 1 of $0.1 million;","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/887396/000107261323000575/0001072613-23-000575-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter 2023"},{"label":"Revenue","value":"$10.3 million"},{"label":"Net income","value":"$2.7 million"},{"label":"EPS","value":"$0.12 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}