$Empire Petroleum(EP.US)$ NEWS Empire Petroleum Announces Full Subscription of Rights Offering Empire Petroleum (EP) successfully completed its fully subscribed rights offering, exceeding the target with over 100% subscriptions. The offering is expected to generate approximately $20.66 million in gross proceeds for the company, which will be used for drilling activities, 3D seismic, land and lease purchases, enhanced oil recovery facilities, and general corporate purposes. TULSA, Okla.--(BUSINES...
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Empire Petroleum Announces Full Subscription of Rights Offering
Empire Petroleum (EP) successfully completed its fully subscribed rights offering, exceeding the target with over 100% subscriptions. The offering is expected to generate approximately $20.66 million in gross proceeds for the company, which will be used for drilling activities, 3D seismic, land and lease purchases, enhanced oil recovery facilities, and general corporate purposes.
TULSA, Okla.--(BUSINES...
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