Empire Petroleum Corporation (EMPR)

[KingOfSpades]

Woodlands TX77380 : PIE/MineralResources/Empire/EEF

So Energy Evolution Fund works out of the same address as the senior Empire Petroleum team (some via their second jobs with Mineral Resources and PIE also at their Woodlands, TX 77380 address). So again a hedge fund run by the same people who run its largest (publicly listed) investment, Empire Petroleum, and effectively it’s only investment, and who separately control said investment through offshore nominee holdings of family and friends, multiple directorships in their pocket etc. And all these entities with huge 3rd party investments they each have a fiduciary duty towards juggled across their desks at the Mulacek lair of the Woodlands offices with 'compliance officers' also sharing the conflicts….

In last year's announcement Empire Petroleum said that PIE and Mineral Resources (funded by Phil Mulacek) had bought 40% of EMPR Texas. Since then no mention in any of EMPR's SEC filings. Mineral Resources appears to be run by Gerard Jacquin the mysterious financier living in France, together with Phil Mulacek and Alain and Marc Vinson, Phil's nephews. Similarly in August 2020 Empire announced a Securities Purchase Agreement for contractor operator PIE (Phil’s private investment company since 1981) to have the opportunity to own up to 40% of Empire equity and two board seats….what came of this?!