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Empire Petroleum reaches 21,006 ft in Western Haynesville well in Texas

Empire Petroleum Corp. has completed a 21,006-ft re-entry and subsurface evaluation of the Wakefield-Harrison GU B #1 well in Madison County, Texas, advancing its deep-gas development program in the emerging Western Haynesville play. The company re-entered the legacy well, originally drilled in 1959 and subsequently deepened twice, and drilled, underreamed and cleaned out the wellbore to 21,006 ft measured depth […]

Empire Petroleum doubles revolver loan commitment to support North Dakota production

Empire Petroleum Corporation announced that it has entered into an amendment to its Revolver Loan Agreement with Equity Bank, increasing the total principal commitment to $20.0 million, up from an initial $10.0 million through December 29, 2026. Currently, Empire has approximately $8.4 million borrowed on the $20.0 million facility.