Summary
Hungary urges EU parliament to drop lawsuit over funds release
Hungarian Prime Minister Peter Magyar said on Thursday he would ask the European Parliament (EP) to withdraw its 2024 lawsuit against the European Commission over the release of European Union funds to Hungary.
Empire Petroleum Corporation Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
 Joseph Castro Nuveen LLC | 38,203 | $238,805.64 | $96,844.6 | -$141,961.04 | -59.45% |
 Mark Schafer Police & Firemen's Retirement System of New Jersey | 4,140 | $25,999 | $10,225.8 | -$15,773.2 | -60.67% |
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Empire Petroleum Corporation Profile
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Michael R. Morrisett CEO | AMEX Exchange | 292034303 CUSIP |
| US Country | 61 Employees | 1 Mar 2012 Last Dividend | 8 Mar 2022 Last Split | 23 Feb 2011 IPO Date |
Overview
Empire Petroleum Corporation is a company dedicated to the acquisition, exploration, and development of oil and gas interests, focusing its operations in several key states within the United States, including Louisiana, New Mexico, Montana, North Dakota, and Texas. The company, which was originally established under the name Americomm Resources Corporation, underwent a significant rebranding in August 2001, adopting its current name to better reflect its evolving business focus and expansion into the petroleum sector. Since its incorporation in 1983, Empire Petroleum Corporation has established its headquarters in Tulsa, Oklahoma, positioning itself as a prominent player in the energy industry with a commitment to leveraging technology and innovation to optimize the exploration and development of natural resources.
Products and Services
- Acquisition of Oil and Gas Interests
This service involves the strategic procurement of interests in oil and gas properties, focusing on assets that present potential for development and production. Empire Petroleum Corporation employs a targeted approach to select assets that align with its expertise and operational capabilities, ensuring a portfolio that is both diverse and capable of delivering sustainable returns.
- Exploration Activities
Empire Petroleum Corporation engages in the exploration of new and existing oil and gas fields. By employing the latest geotechnical analysis and exploration technologies, the company aims to identify unexploited or underexploited hydrocarbon deposits. This proactive exploration strategy seeks to expand its resource base and contribute to the long-term sustainability of its operations.
- Development of Oil and Gas Interests
Post-discovery, the company focuses on the development of oil and gas interests to bring these resources into production. This includes the construction and operation of wells, as well as the implementation of enhanced recovery techniques designed to optimize the extraction of oil and gas. The development activities are underpinned by a rigorous evaluation of economic viability and environmental sustainability, ensuring compliance with regulations and standards.
