Empire Petroleum Corporation (EMPR)

[ALERTS100%to10000%GAIN]

EMPR~~~On August 4, 2009, the Company purchased, for $25,000 and payment of lease rentals of $4,680, a nine-month option to purchase 2,630 net acres of oil and gas leases known as the South Okie Prospect in Natrona County, Wyoming.

The option allowed the Company to purchase the leasehold interests for $35,000 which was exercised in 2010.

The Tensleep Sand at depths from 3,300 feet to 4,500 feet is the primary target.
The Tensleep is an excellent oil reservoir with the potential of 700 barrels of oil per acre foot recovery.

The Company has completed its geological and seismic studies and subsequent to the completion of these studies it has carried out a thorough engineering study.

This later study focused on the most promising locations and potential reserves. The Company has elected to concentrate on drilling its Nevada prospect before deciding on a course of action on this prospect.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7557174

m1999