---
schema_version: "secwatch.filing_event.v1"
accession: "0001072613-24-000895"
form_type: "8-K"
ticker: "EP"
cik: "0000887396"
company_name: "EMPIRE PETROLEUM CORP"
filed_at: "2024-11-22T23:59:59+00:00"
generated_at: "2026-05-29T20:15:48.012728+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Empire Petroleum expands revolver credit line to $20 million

## Summary
- Revolver commitment increased from $10M to $20M; monthly reduction raised to $250k beginning Dec 31, 2024.
- Currently $8.4M drawn on the facility; maturity unchanged at December 29, 2026.
- Increase provides over $11M in additional financial capacity for North Dakota development.
- Loan secured by assets of Empire North Dakota LLC and Empire ND Acquisition LLC; guaranteed by Empire.
- Amendment follows an oversubscribed $10M rights offering completed earlier in 2024.

## SEC filing metadata
- accession: 0001072613-24-000895
- form_type: 8-K
- ticker: EP
- cik: 0000887396
- company_name: EMPIRE PETROLEUM CORP
- filed_at: 2024-11-22T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/887396/000107261324000895/0001072613-24-000895-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/887396/000107261324000895/emp_8k-18911.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001072613-24-000895
- JSON: https://secwatch.observer/filing/0001072613-24-000895.json
- Plain text: https://secwatch.observer/filing/0001072613-24-000895.txt

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