Empire Petroleum Corp.
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Transactions
Empire Petroleum Closes Acquisition of XTO Permian Basin Assets
Empire Petroleum Closes Acquisition of XTO Permian Basin Assets
Empire Petroleum Closes Acquisition of XTO Permian Basin Assets
Empire Petroleum Closes Acquisition of XTO Permian Basin Assets
Marketed: Empire Petroleum Starbuck Madison Unit, North Dakota
Marketed: Empire Petroleum Starbuck Madison Unit, North Dakota
Empire Petroleum Forms JV to Develop Recently Acquired East Texas Properties
Empire Petroleum Forms JV to Develop Recently Acquired East Texas Properties
Empire Petroleum Acquires East Texas Eagle Ford Assets
Empire Petroleum Acquires East Texas Eagle Ford Assets
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New Financings
Announced debt retirement with the conversion by Energy Evolution Master Fund Ltd. of 100% of their…
Privately placed 5 million shares at US$0.20 each to fund well completion and abandonment costs.
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Instantly unlock over 15 years of A&D transactions and financing data.
News
Fury Road: Will $450MM Battalion M&A Fuel More Go-private Deals?
Delaware Basin E&P Battalion Oil is being acquired in a go-private transaction by a newly formed E&P Fury Resources. Could go-private sales become more common for small E&Ps with limited runway in the public markets?
Empire Commences Starbuck Drilling Program
Empire Petroleum’s total capital spending of the Starbuck drilling program is expected to be between $20 million and $22 million.
Empire Closes on Interests in New Mexico Assets
Empire Petroleum has closed on a $6.7 million acquisition of COERT Holdings 1 LLC’s interests in a trio of assets owned by Empire and located in New Mexico.
Empire Petroleum Promotes CFO, Adds Director
Empire promoted WPX Energy veterans Stephen L. Faulkner to CFO and added J. Kevin Vann to the board of directors.
Empire Petroleum Closes Acquisition of XTO Permian Basin Assets
Empire Petroleum acquired the assets in a historic oil field located on the northwestern edge of the Permian Basin’s Central Basin Platform in southeastern Lea County from Exxon Mobil’s XTO affiliate.
Hart Energy’s On the Move: Chesapeake CEO Departs, Schlumberger ‘New Energy’ Board, More
Below is a roundup of notable moves and promotions in the energy industry within the past week including the departure of Chesapeake Energy CEO Doug Lawler and Schlumberger’s appointment of former Ørsted Wind Power CEO Samuel Leupold to its board.
Marketed: Empire Petroleum Starbuck Madison Unit, North Dakota
Empire Petroleum retained EnergyNet for the sale of certain oil and gas properties and related assets including interest in the Starbuck Madison Unit located in North Dakota’s Bottineau County.
Empire Petroleum Forms JV to Develop Recently Acquired East Texas Properties
Petroleum Independent & Exploration has identified the first of many workover/recompletion programs to potentially uplift field production in Empire Petroleum’s Fort Trinidad Field asset in Houston and Madison counties, Texas.