Financial Snapshot
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About Empire Petroleum Corp
Empire Petroleum Corp. engages in the exploration and development of oil and natural gas. The company is headquartered in Tulsa, Oklahoma and currently employs 50 full-time employees. The firm operates through its subsidiaries, including Empire New Mexico LLC, doing business as Green Tree New Mexico, Empire North Dakota LLC, Empire Texas LLC, and Empire Louisiana LLC. The company is an independent operator in four geographic areas of the United States. The company manages and influences production on operated properties. Empire New Mexico's assets primarily produce oil, with natural gas and natural gas liquids (NGLs) accompanying oil production. Empire New Mexico assets are located in Lea County, New Mexico, and consist of a contiguous and consolidated acreage position consisting of 48,000 acres held by production from approximately 670 wells. Empire North Dakota operates approximately 138 injection wells in North Dakota and western Montana. Empire Texas owns over 121 gross wells and approximately 30,000 net acres in the East Texas Basin.
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