Empire Petroleum Announces Full Subscription of Rights Offering
Empire Petroleum Corporation (EP)
Company Research
Source: Business Wire
TULSA, Okla.--(BUSINESS WIRE)--Empire Petroleum Corporation (NYSE American: EP) ("Empire" or the "Company"), an oil and gas company with current producing assets in New Mexico, North Dakota, Montana, Texas, and Louisiana, announced today that its previously announced rights offering (the “Rights Offering”) was fully subscribed. The subscription period for the Rights Offering expired at 5:00 p.m., Eastern Time, on March 18, 2026.The Company received subscriptions for more than 100% of the securities available in the Rights Offering. Accordingly, stockholders will receive their basic subscription privilege but, because there are not enough shares of common stock to satisfy all oversubscriptions, remaining shares will be allocated pro-rata, after eliminating all fractional shares, among oversubscribing stockholders.The Rights Offering has generated approximately $10.0 million in gross proceeds, before expenses. Each whole share in the Rights Offering was issued at a subscription pric
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News
- Empire Petroleum Announces Participation in Louisiana Oil and Natural Gas Development ProgramBusiness Wire
- Empire Petroleum Reports Financial Results for Fourth Quarter and Full Year 2025 and Provides Operational UpdatesBusiness Wire
- Empire Petroleum Announces Modification of Terms of Previously Announced Rights OfferingBusiness Wire
- Empire Petroleum Announces Commencement of Previously Announced Rights OfferingBusiness Wire
- Empire Petroleum Announces Record Date for Proposed Rights OfferingBusiness Wire
EP
Sec Filings
- 3/19/26 - Form 8-K
- 3/18/26 - Form 8-K
- 3/16/26 - Form 8-K
- EP's page on the SEC website