---
schema_version: "secwatch.filing_event.v1"
accession: "0001072613-24-000380"
form_type: "8-K"
ticker: "EP"
cik: "0000887396"
company_name: "EMPIRE PETROLEUM CORP"
filed_at: "2024-04-12T23:59:59+00:00"
generated_at: "2026-06-03T23:47:50.221630+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Empire Petroleum rights offering fully subscribed, gross proceeds ~$20.66M

## Summary
- Subscriptions exceeded 100% of shares; oversubscriptions allocated pro-rata after eliminating fractions.
- Gross proceeds expected ~$20.66 million before expenses.
- Largest stockholders (Chairman Phil Mulacek, Energy Evolution Master Fund) fully participated with over-subscription.
- Proceeds to fund drilling, 3D seismic, land leases, EOR facilities, and general corporate purposes.
- Subscription period expired April 10, 2024.

## SEC filing metadata
- accession: 0001072613-24-000380
- form_type: 8-K
- ticker: EP
- cik: 0000887396
- company_name: EMPIRE PETROLEUM CORP
- filed_at: 2024-04-12T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/887396/000107261324000380/0001072613-24-000380-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/887396/000107261324000380/emp_8k-18821.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001072613-24-000380
- JSON: https://secwatch.observer/filing/0001072613-24-000380.json
- Plain text: https://secwatch.observer/filing/0001072613-24-000380.txt

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