---
schema_version: "secwatch.filing_event.v1"
accession: "0001072613-24-000268"
form_type: "8-K"
ticker: "EP"
cik: "0000887396"
company_name: "EMPIRE PETROLEUM CORP"
filed_at: "2024-02-23T23:59:59+00:00"
generated_at: "2026-06-05T17:56:20.368812+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Empire Petroleum reports preliminary Q4 2023 revenue ~$9.9M; production 2,011 BOE/D; updates Starbuck Drilling Program

## Summary
- Preliminary Q4 2023 production: 185,000 BOE (2,011 BOE/D, ~64% oil); revenue ~$9.9M.
- Capex Q4 2023 ~$18-20M, mostly Starbuck; working capital deficit ~$5M at Dec 31.
- Starbuck Field production increased >500% since purchase; goal of 2,000%-5,000% growth by end of 2024.
- Entered $5M convertible bridge loan with EEF (largest stockholder); $2.5M funded, 7% interest payable in stock.
- Additional $10M revolver established with regional bank; technical work started for New Mexico/Texas drilling later 2024.

## SEC filing metadata
- accession: 0001072613-24-000268
- form_type: 8-K
- ticker: EP
- cik: 0000887396
- company_name: EMPIRE PETROLEUM CORP
- filed_at: 2024-02-23T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/887396/000107261324000268/0001072613-24-000268-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/887396/000107261324000268/emp_8k-18801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001072613-24-000268
- JSON: https://secwatch.observer/filing/0001072613-24-000268.json
- Plain text: https://secwatch.observer/filing/0001072613-24-000268.txt

## Key facts
- Earnings Releases
  EMPIRE PETROLEUM CORP reported Q4 2023 results: revenue approximately $9.9 million.
  - Period: Q4 2023
  - Revenue: approximately $9.9 million
  - Result: preliminary results
  source text: The Company’s Q4 2023 total production is estimated at 185,000 barrels oil equivalent or approximately 2,011 barrels of oil equivalent per day (BOE/D) (approximately 64% oil), with estimated production revenue of approximately $9.9 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/887396/000107261324000268/0001072613-24-000268-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.