UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
October 5, 2005
EMPIRE PETROLEUM CORPORATION
(Exact name of registrant as specified in its charter)
Delaware 0-20193 73-1238709
(State or other jurisdiction (Commission file Number) (IRS Employer
of Incorporation) Identification No.)
8801 S. Yale, Suite 120 74137-3575
(Address of principal executive office) (Zip Code)
Registrant's telephone number, including area code: (918-488-8068)
ITEM 7. Regulation FD Disclosure
On October 5, 2005, the Registrant issued a press release announcing
the commencement of a seismic program on its Nevada Oil Prospect. A copy
of the press release is attached to this report as Exhibit 99.1 and is being
furnished pursuant to Regulation FD.
ITEM 9. Financial Statements and Exhibits
(c) Exhibits
99.1 Press Release dated October 5, 2005
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized officer.
Date: October 5, 2005
Empire Petroleum Corporation
BY: /s/Albert E. Whitehead
Chief Executive Officer
EXHIBIT 99.1
NEWS RELEASE
October 5, 2005 For Immediate Release
EMPIRE PETROLEUM CORPORATION ANNOUNCES
COMMENCEMENT OF SEISMIC PROGRAM ON
NEVADA OIL PROSPECT
Empire Petroleum Corporation (OTCBB: EMPR), a Tulsa, Oklahoma based company,
announced today that it is participating in a seismic program which has been
commenced on its 44,000 acre Gabbs Valley Prospect in Western Nevada.
Empire has a ten (10%) percent interest in this prospect and will pay its
share of the seismic program which will consist of 19 miles of 2-D swath lines
at an aggregate estimated cost of $300,000. The program is designed to verify
sub-surface closure on a large surface structure twelve miles long and seven
miles wide. A test well drilled by an unrelated third party on the flank of
the structure had live oil shows in the tertiary section.
The Company expects the seismic survey to be completed within two weeks and to
receive the results of the survey in early November. If the results verify sub-
surface closure and depending on drilling rig availability, a test well could be
commenced on the prospect as early as January, 2006.
The other participant in the seismic survey is PetroWorld Corporation of London,
through its U. S. Subsidiary, PetroWorld Nevada Corporation, under an agreement
with Cortez Exploration LLC that holds a ninety (90%) interest in the prospects
44,000 acres.
Statements in this press release other than purely historical information,
including statements relating to the Company's future plans and objectives or
expected results, constitute "forward-looking statements" within the meaning of
federal securities laws. Forward-looking statements are based on numerous
assumptions and are subject to all of the risks and uncertainties incident to
the Company's business, including risks inherent in oil and gas exploration and
development and other risks described in the reports and statements filed by the
Company with the Securities and Exchange Commission. As a result, actual
results may vary materially from those described in the forward-looking
statements.
For further information contact: Albert E. Whitehead, Chairman & CEO
tel: (918) 488-8068