Empire Petroleum Corporation is an independent energy company that explores, develops, and produces oil, natural gas, and natural gas liquids from developed producing assets across four regions in the United States: New Mexico, North Dakota, Texas, and Louisiana. The company owns and operates over 1,000 wells on approximately 115,000 acres, focusing on cost-effective optimization of mature fields and strategic acquisitions of proved developed reserves to build reserves and generate shareholder value. Empire sells its oil, natural gas, and natural gas liquids directly to third-party purchasers under market-based pricing contracts at lease locations, with revenue concentrated among a small number of customers but with multiple alternative purchasers available in each operating region.