Empire Petroleum extends rights offering to March 18, ups aggregate value to $10M

EMPIRE PETROLEUM CORP

Subscription rights offering extended to 5:00 p.m. ET on March 18, 2026; aggregate shares increased to 3,344,482.
Subscription price remains $2.99 per share; record date Feb 2, 2026.
Largest stockholder EEF (~32% ownership) intends to fully subscribe and exercise over-subscription rights.
Chairman Phil E. Mulacek also intends to participate in the rights offering.
Rights are non-transferable; over-subscription rights available for those who fully subscribe.

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