Energy Evolution Master Fund, Ltd. - Apr 25, 2024 Form 4 Insider Report for EMPIRE PETROLEUM CORP (EP)

Role: 10%+ Owner
Signature: /s/ Energy Evolution Master Fund, Ltd., by Sterling Mulacek, Director
Stock symbol: EP
Transactions as of: Apr 25, 2024
Transactions value $: $0
Form type: 4
Date filed: 4/29/2024, 05:03 PM
Previous filing: Apr 24, 2024
Next filing: May 29, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EP	Common Stock	Other		+600K	+7.15%		9M	Apr 25, 2024	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On August 9, 2023, Empire Petroleum Corporation ("Empire") acquired a one-year option to acquire certain oil and gas working interests owned by a subsidiary of the reporting person (the "Purchase Option"). On April 19, 2024, Empire partially exercised the purchase option and upon closing of the transaction on April 25, 2024 Empire issued to the reporting person 600,000 shares of common stock valued at $3,000,000 based on a price of $5.00 per share.

Content

On August 9, 2023, Empire Petroleum Corporation ("Empire") acquired a one-year option to acquire certain oil and gas working interests owned by a subsidiary of the reporting person (the "Purchase Option"). On April 19, 2024, Empire partially exercised the purchase option and upon closing of the transaction on April 25, 2024 Empire issued to the reporting person 600,000 shares of common stock valued at $3,000,000 based on a price of $5.00 per share.