secwatch.observer — SEC 8-K summary
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Issuer:     EMPIRE PETROLEUM CORP (EP)
CIK:        0000887396
Form:       8-K
Filed at:   2026-03-18T23:59:59+00:00
Accession:  0001072613-26-000282
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Empire Petroleum enters 3-well Louisiana development program; 25% WI funded via 700,000 shares
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- 25% working interest in initial well of three-well program targeting proven Louisiana formations.
- Drilling and completion costs funded through issuance of ~700,000 shares of Empire common stock.
- Operator completed test well in East Perkins Field, Calcasieu Parish; strong pressure (9,100+ psi) and hydrocarbon flare seen.
- Completion operations on initial well expected to begin April 2026; production testing to follow.
- Program may open future midstream-adjacent opportunities for stable cash flow, per CEO Mike Morrisett.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/887396/000107261326000282/0001072613-26-000282-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/887396/000107261326000282/emp_8k-19043.htm
  HTML page:      https://secwatch.observer/filing/0001072613-26-000282

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer