Empire Petroleum (EP) investor relations material

Company overview and business model

• Operates as an independent energy company focused on unlocking value in developed oil and natural gas assets in the U.S., with subsidiaries in New Mexico, Texas, North Dakota, and Louisiana.

• Business strategy centers on optimizing well production, reducing unit operating costs, targeting acquisitions in predictable fields, and focusing on high-quality assets that add scale and synergies.

• Incorporated in Delaware in 1985, with principal offices in Tulsa, Oklahoma.

Use of proceeds and capital allocation

• Net proceeds from securities sales will be used for general corporate purposes, including capital expenditures, debt repayment or refinancing, acquisitions, and repurchases or redemptions of securities.

• Pending specific application, funds may be invested in short-term marketable securities or used to reduce indebtedness.

Risk factors and disclosures

• Investment involves a high degree of risk, with detailed risk factors incorporated by reference from recent annual and quarterly SEC filings.

• Risks could adversely affect business, financial condition, or results of operations, potentially leading to a decline in trading price or loss of investment.