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Empire Petroleum Corp EP

Empire Petroleum Corporation is an independent energy company that is engaged in optimizing developed production. The Company operates through its subsidiaries, including Empire New Mexico LLC, doing business as Green Tree New Mexico, Empire North Dakota LLC, Empire Texas LLC, and Empire Louisiana LLC. It is an independent operator in four geographic areas of the United States. It manages and influences production on operated properties. Empire New Mexico's assets primarily produce oil, with natural gas and natural gas liquids (NGLs) accompanying oil production. Empire New Mexico assets are located in Lea County, New Mexico, and consist of a contiguous and consolidated acreage position consisting of 48,000 acres held by production from approximately 670 wells. Empire North Dakota operates approximately 138 injection wells in North Dakota and western Montana. Empire Texas owns over 121 gross wells and approximately 30,000 net acres in the East Texas Basin.


NYSEAM:EP - Post by User

Post by KingOfSpadeson Dec 17, 2021 11:21am
101 Views
Post# 34240717

Empire / Mulacek Lawsuits / Kina

Empire / Mulacek Lawsuits / Kina
In 2017 Mulacek and his family, including Gerard Jacquin, the cousin living in France, and friend Lasco, took control of Kina Petroleum, listed on the Australian Stock Exchange. Was the same shareholder list as Empire. In 2020 Mulacek delisted Kina from the exchange and moved it to BVI, where no authorities can check on him.  Kina is now down 90%. Mulacek controls several entities in that tax haven. Is this the future for Empire also? 
 
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