EP

SEC source: 0001072613-24-000902 · ownership.xml · derivative · entry 6

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 507,546 shares

Expires 2024-10-24

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Represents the exercise price of $5.05 per whole share of common stock in the Rights Offering.

F3 · shares: Each holder of common stock of record as of September 30, 2024 received one right for each share of common stock, and each right carried with it a basic subscription right, which entitled the holder to purchase 0.063 of a share of common stock, and an over-subscription right, which entitled holders that exercised their basic subscription rights in full to subscribe for additional shares of common stock that were not purchased by other stockholders pursuant to their basic subscription rights, subject to proration. Includes shares purchased pursuant to the exercise of over-subscription rights in connection with the Rights Offering.

F3 · derivative.underlying_shares: Each holder of common stock of record as of September 30, 2024 received one right for each share of common stock, and each right carried with it a basic subscription right, which entitled the holder to purchase 0.063 of a share of common stock, and an over-subscription right, which entitled holders that exercised their basic subscription rights in full to subscribe for additional shares of common stock that were not purchased by other stockholders pursuant to their basic subscription rights, subject to proration. Includes shares purchased pursuant to the exercise of over-subscription rights in connection with the Rights Offering.

SEC source: 0001072613-24-000902 · ownership.xml · nonDerivative · entry 5

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By spouse

Disclosed balance after: 42,833

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Represents shares of the Issuer's common stock purchased by the reporting person following the exercise of subscription rights, including over-subscription rights, pursuant to the Issuer's rights offering to holders of common stock, as described in the Issuer's prospectus supplement dated September 30, 2024, as supplemented by the Issuer's prospectus supplement dated October 10, 2024 (the "Rights Offering").

SEC source: 0001072613-24-000902 · ownership.xml · nonDerivative · entry 4

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Five Sterling LP

Disclosed balance after: 485,202

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Represents shares of the Issuer's common stock purchased by the reporting person following the exercise of subscription rights, including over-subscription rights, pursuant to the Issuer's rights offering to holders of common stock, as described in the Issuer's prospectus supplement dated September 30, 2024, as supplemented by the Issuer's prospectus supplement dated October 10, 2024 (the "Rights Offering").

SEC source: 0001072613-24-000902 · ownership.xml · nonDerivative · entry 3

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Big Red Revocable Trust

Disclosed balance after: 526,300

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Represents shares of the Issuer's common stock purchased by the reporting person following the exercise of subscription rights, including over-subscription rights, pursuant to the Issuer's rights offering to holders of common stock, as described in the Issuer's prospectus supplement dated September 30, 2024, as supplemented by the Issuer's prospectus supplement dated October 10, 2024 (the "Rights Offering").

SEC source: 0001072613-24-000902 · ownership.xml · nonDerivative · entry 2

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Petroleum Independent & Exploration LLC

Disclosed balance after: 817,262

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Represents shares of the Issuer's common stock purchased by the reporting person following the exercise of subscription rights, including over-subscription rights, pursuant to the Issuer's rights offering to holders of common stock, as described in the Issuer's prospectus supplement dated September 30, 2024, as supplemented by the Issuer's prospectus supplement dated October 10, 2024 (the "Rights Offering").

SEC source: 0001072613-24-000902 · ownership.xml · nonDerivative · entry 1

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,214,780

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Represents shares of the Issuer's common stock purchased by the reporting person following the exercise of subscription rights, including over-subscription rights, pursuant to the Issuer's rights offering to holders of common stock, as described in the Issuer's prospectus supplement dated September 30, 2024, as supplemented by the Issuer's prospectus supplement dated October 10, 2024 (the "Rights Offering").

SEC source: 0001072613-24-000893 · ownership.xml · derivative · entry 3

Matschke Mason H. · CIK 0001861698 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By Elk Antelope Trust

Disclosed balance after: 0

Underlying: Common Stock · 36,054 shares

Expires 2024-10-24

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Represents the exercise price of $5.05 per whole share of common stock in the Rights Offering.

F3 · shares: Each holder of common stock of record as of September 30, 2024 received one right for each share of common stock, and each right carried with it a basic subscription right, which entitled the holder to purchase 0.063 of a share of common stock, and an over-subscription right, which entitled holders that exercised their basic subscription rights in full to subscribe for additional shares of common stock that were not purchased by other stockholders pursuant to their basic subscription rights, subject to proration. Includes shares purchased pursuant to the exercise of over-subscription rights in connection with the Rights Offering.

F3 · derivative.underlying_shares: Each holder of common stock of record as of September 30, 2024 received one right for each share of common stock, and each right carried with it a basic subscription right, which entitled the holder to purchase 0.063 of a share of common stock, and an over-subscription right, which entitled holders that exercised their basic subscription rights in full to subscribe for additional shares of common stock that were not purchased by other stockholders pursuant to their basic subscription rights, subject to proration. Includes shares purchased pursuant to the exercise of over-subscription rights in connection with the Rights Offering.

SEC source: 0001072613-24-000893 · ownership.xml · nonDerivative · entry 1

Matschke Mason H. · CIK 0001861698 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By Elk Antelope Trust

Disclosed balance after: 382,904

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Represents shares of the Issuer's common stock purchased by the reporting person following the exercise of subscription rights, including over-subscription rights, pursuant to the Issuer's rights offering to holders of common stock, as described in the Issuer's prospectus supplement dated September 30, 2024, as supplemented by the Issuer's prospectus supplement dated October 10, 2024 (the "Rights Offering").

SEC source: 0001072613-24-000892 · ownership.xml · derivative · entry 2

Energy Evolution Master Fund, Ltd. · CIK 0001865291 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 790,413 shares

Expires 2024-10-24

F2 · derivative.exercise_price: Represents the exercise price of $5.05 per whole share of common stock in the Rights Offering.

F3 · shares: Each holder of common stock of record as of September 30, 2024 received one right for each share of common stock, and each right carried with it a basic subscription right, which entitled the holder to purchase 0.063 of a share of common stock, and an over-subscription right, which entitled holders that exercised their basic subscription rights in full to subscribe for additional shares of common stock that were not purchased by other stockholders pursuant to their basic subscription rights, subject to proration. Includes shares purchased pursuant to the exercise of over-subscription rights in connection with the Rights Offering.

F3 · derivative.underlying_shares: Each holder of common stock of record as of September 30, 2024 received one right for each share of common stock, and each right carried with it a basic subscription right, which entitled the holder to purchase 0.063 of a share of common stock, and an over-subscription right, which entitled holders that exercised their basic subscription rights in full to subscribe for additional shares of common stock that were not purchased by other stockholders pursuant to their basic subscription rights, subject to proration. Includes shares purchased pursuant to the exercise of over-subscription rights in connection with the Rights Offering.

SEC source: 0001072613-24-000892 · ownership.xml · nonDerivative · entry 1

Energy Evolution Master Fund, Ltd. · CIK 0001865291 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,733,028

F1 · shares: Represents shares of the Issuer's common stock purchased by the reporting person following the exercise of subscription rights, including over-subscription rights, pursuant to the Issuer's rights offering to holders of common stock, as described in the Issuer's prospectus supplement dated September 30, 2024, as supplemented by the Issuer's prospectus supplement dated October 10, 2024 (the "Rights Offering").

SEC source: 0001072613-24-000738 · ownership.xml · nonDerivative · entry 2

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,707,234

F2 · price: The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.16 to $5.18, inclusive. The reporting person undertakes to provide to Empire Petroleum Corporation, any security holder of Empire Petroleum Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote (2) to this Form 4.

SEC source: 0001072613-24-000738 · ownership.xml · nonDerivative · entry 1

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,706,493

F1 · price: The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $4.90 to $4.98, inclusive. The reporting person undertakes to provide to Empire Petroleum Corporation, any security holder of Empire Petroleum Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote (1) to this Form 4.

SEC source: 0001072613-24-000646 · ownership.xml · nonDerivative · entry 2

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Petroleum Independent & Exploration LLC

Disclosed balance after: 740,363

F1 · price: Petroleum Independent & Exploration, LLC ("PIE") acquired the 205,427 shares from Empire Petroleum Corporation ("Empire") as payment in full of the aggregate outstanding principal amount and accrued interest of $1,060,004 under that certain Term Loan Agreement dated as of August 6, 2020 between PIE, as lender, and Empire's wholly-owned subsidiary, Empire North Dakota LLC, as borrower.

SEC source: 0001072613-24-000632 · ownership.xml · nonDerivative · entry 1

Energy Evolution Master Fund, Ltd. · CIK 0001865291 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 9,942,615

F1 · kind: 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"). In exchange for Empire exercising its right to extend the Purchase Option for an additional one-year period, Empire issued to the reporting person 16,800 shares of common stock valued at $71,400 (or $4.25 per share).

F1 · price: 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"). In exchange for Empire exercising its right to extend the Purchase Option for an additional one-year period, Empire issued to the reporting person 16,800 shares of common stock valued at $71,400 (or $4.25 per share).

SEC source: 0001072613-24-000581 · ownership.xml · nonDerivative · entry 3

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Petroleum Independent & Exploration LLC

Disclosed balance after: 534,936

SEC source: 0001072613-24-000581 · ownership.xml · nonDerivative · entry 2

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,705,120

SEC source: 0001072613-24-000582 · ownership.xml · derivative · entry 2

Energy Evolution Master Fund, Ltd. · CIK 0001865291 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 128,800 shares

Expires 2024-07-31

SEC source: 0001072613-24-000582 · ownership.xml · nonDerivative · entry 1

Energy Evolution Master Fund, Ltd. · CIK 0001865291 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 9,925,815

SEC source: 0001072613-24-000581 · ownership.xml · nonDerivative · entry 1

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,700,472

F1 · shares: The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.19 to $5.32, inclusive. The reporting person undertakes to provide to Empire Petroleum Corporation, any security holder of Empire Petroleum Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnot (1) to this Form 4.

SEC source: 0001072613-24-000557 · ownership.xml · derivative · entry 1

Energy Evolution Master Fund, Ltd. · CIK 0001865291 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 128,800

Underlying: Common Stock · 128,800 shares

Expires 2024-07-31

F1 · kind: The Warrant was issued pursuant to Section 10(b) of that certain Convertible Note Due 2026 issued by the Issuer to the reporting person. On May 24, 2024, the reporting person elected to convert the Convertible Note into shares of common stock of the Issuer. Upon conversion, pursuant to Section 10(b), the reporting person became entitled to receive certain distributed property by virtue of the Issuer's previously reported subscription rights offering launched on March 7, 2024, which resulted in the issuance of the Warrant.

F1 · price: The Warrant was issued pursuant to Section 10(b) of that certain Convertible Note Due 2026 issued by the Issuer to the reporting person. On May 24, 2024, the reporting person elected to convert the Convertible Note into shares of common stock of the Issuer. Upon conversion, pursuant to Section 10(b), the reporting person became entitled to receive certain distributed property by virtue of the Issuer's previously reported subscription rights offering launched on March 7, 2024, which resulted in the issuance of the Warrant.

F2 · derivative.exercise_date: The Warrant becomes exercisable on the date the NYSE American stock exchange approves a supplemental listing application relating to the shares of common stock of the Issuer underlying the Warrant.

SEC source: 0001072613-24-000534 · ownership.xml · nonDerivative · entry 1

Marchive Benjamin J. II · CIK 0001912457 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 51,000

SEC source: 0001072613-24-000519 · ownership.xml · derivative · entry 2

Energy Evolution Master Fund, Ltd. · CIK 0001865291 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: Not disclosed

Underlying: Common Stock · 800,000 shares

Expires 2026-02-15

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001072613-24-000519 · ownership.xml · nonDerivative · entry 1

Energy Evolution Master Fund, Ltd. · CIK 0001865291 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 9,797,015

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001072613-24-000410 · ownership.xml · nonDerivative · entry 1

Energy Evolution Master Fund, Ltd. · CIK 0001865291 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 8,997,015

F1 · kind: 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.

F1 · price: 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.

SEC source: 0001072613-24-000404 · ownership.xml · derivative · entry 10

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By spouse

Disclosed balance after: 0

Underlying: Common Stock · 183 shares

Expires 2024-04-10

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Represents the exercise price of $5.00 per whole share of common stock in the Rights Offering.

F3 · shares: Each holder of common stock of record as of March 7, 2024 received one right for each share of common stock, and each right carried with it a basic subscription right, which entitled the holder to purchase 0.161 of a share of common stock, and an over-subscription right, which entitled holders that exercised their basic subscription rights in full to subscribe for additional shares of common stock that were not purchased by other stockholders pursuant to their basic subscription rights, subject to proration. Includes shares purchased pursuant to the exercise of over-subscription rights in connection with the Rights Offering.

F3 · derivative.underlying_shares: Each holder of common stock of record as of March 7, 2024 received one right for each share of common stock, and each right carried with it a basic subscription right, which entitled the holder to purchase 0.161 of a share of common stock, and an over-subscription right, which entitled holders that exercised their basic subscription rights in full to subscribe for additional shares of common stock that were not purchased by other stockholders pursuant to their basic subscription rights, subject to proration. Includes shares purchased pursuant to the exercise of over-subscription rights in connection with the Rights Offering.

SEC source: 0001072613-24-000404 · ownership.xml · derivative · entry 9

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Five Sterling LP

Disclosed balance after: 0

Underlying: Common Stock · 89,516 shares

Expires 2024-04-10

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Represents the exercise price of $5.00 per whole share of common stock in the Rights Offering.

F3 · shares: Each holder of common stock of record as of March 7, 2024 received one right for each share of common stock, and each right carried with it a basic subscription right, which entitled the holder to purchase 0.161 of a share of common stock, and an over-subscription right, which entitled holders that exercised their basic subscription rights in full to subscribe for additional shares of common stock that were not purchased by other stockholders pursuant to their basic subscription rights, subject to proration. Includes shares purchased pursuant to the exercise of over-subscription rights in connection with the Rights Offering.

F3 · derivative.underlying_shares: Each holder of common stock of record as of March 7, 2024 received one right for each share of common stock, and each right carried with it a basic subscription right, which entitled the holder to purchase 0.161 of a share of common stock, and an over-subscription right, which entitled holders that exercised their basic subscription rights in full to subscribe for additional shares of common stock that were not purchased by other stockholders pursuant to their basic subscription rights, subject to proration. Includes shares purchased pursuant to the exercise of over-subscription rights in connection with the Rights Offering.

SEC source: 0001072613-24-000404 · ownership.xml · derivative · entry 8

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Big Red Revocable Trust

Disclosed balance after: 0

Underlying: Common Stock · 97,994 shares

Expires 2024-04-10

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Represents the exercise price of $5.00 per whole share of common stock in the Rights Offering.

F3 · shares: Each holder of common stock of record as of March 7, 2024 received one right for each share of common stock, and each right carried with it a basic subscription right, which entitled the holder to purchase 0.161 of a share of common stock, and an over-subscription right, which entitled holders that exercised their basic subscription rights in full to subscribe for additional shares of common stock that were not purchased by other stockholders pursuant to their basic subscription rights, subject to proration. Includes shares purchased pursuant to the exercise of over-subscription rights in connection with the Rights Offering.

F3 · derivative.underlying_shares: Each holder of common stock of record as of March 7, 2024 received one right for each share of common stock, and each right carried with it a basic subscription right, which entitled the holder to purchase 0.161 of a share of common stock, and an over-subscription right, which entitled holders that exercised their basic subscription rights in full to subscribe for additional shares of common stock that were not purchased by other stockholders pursuant to their basic subscription rights, subject to proration. Includes shares purchased pursuant to the exercise of over-subscription rights in connection with the Rights Offering.

SEC source: 0001072613-24-000404 · ownership.xml · derivative · entry 7

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Petroleum Independent & Exploration LLC

Disclosed balance after: 0

Underlying: Common Stock · 109,836 shares

Expires 2024-04-10

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Represents the exercise price of $5.00 per whole share of common stock in the Rights Offering.

F3 · shares: Each holder of common stock of record as of March 7, 2024 received one right for each share of common stock, and each right carried with it a basic subscription right, which entitled the holder to purchase 0.161 of a share of common stock, and an over-subscription right, which entitled holders that exercised their basic subscription rights in full to subscribe for additional shares of common stock that were not purchased by other stockholders pursuant to their basic subscription rights, subject to proration. Includes shares purchased pursuant to the exercise of over-subscription rights in connection with the Rights Offering.

F3 · derivative.underlying_shares: Each holder of common stock of record as of March 7, 2024 received one right for each share of common stock, and each right carried with it a basic subscription right, which entitled the holder to purchase 0.161 of a share of common stock, and an over-subscription right, which entitled holders that exercised their basic subscription rights in full to subscribe for additional shares of common stock that were not purchased by other stockholders pursuant to their basic subscription rights, subject to proration. Includes shares purchased pursuant to the exercise of over-subscription rights in connection with the Rights Offering.

SEC source: 0001072613-24-000404 · ownership.xml · derivative · entry 6

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 918,461 shares

Expires 2024-04-10

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Represents the exercise price of $5.00 per whole share of common stock in the Rights Offering.

F3 · shares: Each holder of common stock of record as of March 7, 2024 received one right for each share of common stock, and each right carried with it a basic subscription right, which entitled the holder to purchase 0.161 of a share of common stock, and an over-subscription right, which entitled holders that exercised their basic subscription rights in full to subscribe for additional shares of common stock that were not purchased by other stockholders pursuant to their basic subscription rights, subject to proration. Includes shares purchased pursuant to the exercise of over-subscription rights in connection with the Rights Offering.

F3 · derivative.underlying_shares: Each holder of common stock of record as of March 7, 2024 received one right for each share of common stock, and each right carried with it a basic subscription right, which entitled the holder to purchase 0.161 of a share of common stock, and an over-subscription right, which entitled holders that exercised their basic subscription rights in full to subscribe for additional shares of common stock that were not purchased by other stockholders pursuant to their basic subscription rights, subject to proration. Includes shares purchased pursuant to the exercise of over-subscription rights in connection with the Rights Offering.

SEC source: 0001072613-24-000404 · ownership.xml · nonDerivative · entry 5

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By spouse

Disclosed balance after: 15,907

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Represents shares of the Issuer's common stock purchased by the reporting person following the exercise of subscription rights, including over-subscription rights, pursuant to the Issuer's rights offering to holders of common stock, as described in the Issuer's prospectus supplement dated March 7, 2024, as supplemented by the Issuer's prospectus supplement dated March 28, 2024 (the "Rights Offering").

SEC source: 0001072613-24-000404 · ownership.xml · nonDerivative · entry 4

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Five Sterling LP

Disclosed balance after: 435,515

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Represents shares of the Issuer's common stock purchased by the reporting person following the exercise of subscription rights, including over-subscription rights, pursuant to the Issuer's rights offering to holders of common stock, as described in the Issuer's prospectus supplement dated March 7, 2024, as supplemented by the Issuer's prospectus supplement dated March 28, 2024 (the "Rights Offering").

SEC source: 0001072613-24-000404 · ownership.xml · nonDerivative · entry 3

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Big Red Revocable Trust

Disclosed balance after: 476,744

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Represents shares of the Issuer's common stock purchased by the reporting person following the exercise of subscription rights, including over-subscription rights, pursuant to the Issuer's rights offering to holders of common stock, as described in the Issuer's prospectus supplement dated March 7, 2024, as supplemented by the Issuer's prospectus supplement dated March 28, 2024 (the "Rights Offering").

SEC source: 0001072613-24-000404 · ownership.xml · nonDerivative · entry 2

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Petroleum Independent & Exploration LLC

Disclosed balance after: 534,336

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Represents shares of the Issuer's common stock purchased by the reporting person following the exercise of subscription rights, including over-subscription rights, pursuant to the Issuer's rights offering to holders of common stock, as described in the Issuer's prospectus supplement dated March 7, 2024, as supplemented by the Issuer's prospectus supplement dated March 28, 2024 (the "Rights Offering").

SEC source: 0001072613-24-000404 · ownership.xml · nonDerivative · entry 1

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,667,177

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Represents shares of the Issuer's common stock purchased by the reporting person following the exercise of subscription rights, including over-subscription rights, pursuant to the Issuer's rights offering to holders of common stock, as described in the Issuer's prospectus supplement dated March 7, 2024, as supplemented by the Issuer's prospectus supplement dated March 28, 2024 (the "Rights Offering").

SEC source: 0001072613-24-000400 · ownership.xml · derivative · entry 2

Energy Evolution Master Fund, Ltd. · CIK 0001865291 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 1,606,546 shares

Expires 2024-04-10

F2 · derivative.exercise_price: Represents the exercise price of $5.00 per whole share of common stock in the Rights Offering.

F3 · shares: Each holder of common stock of record as of March 7, 2024 received one right for each share of common stock, and each right carried with it a basic subscription right, which entitled the holder to purchase 0.161 of a share of common stock, and an over-subscription right, which entitled holders that exercised their basic subscription rights in full to subscribe for additional shares of common stock that were not purchased by other stockholders pursuant to their basic subscription rights, subject to proration. Includes shares purchased pursuant to the exercise of over-subscription rights in connection with the Rights Offering.

F3 · derivative.underlying_shares: Each holder of common stock of record as of March 7, 2024 received one right for each share of common stock, and each right carried with it a basic subscription right, which entitled the holder to purchase 0.161 of a share of common stock, and an over-subscription right, which entitled holders that exercised their basic subscription rights in full to subscribe for additional shares of common stock that were not purchased by other stockholders pursuant to their basic subscription rights, subject to proration. Includes shares purchased pursuant to the exercise of over-subscription rights in connection with the Rights Offering.

SEC source: 0001072613-24-000400 · ownership.xml · nonDerivative · entry 1

Energy Evolution Master Fund, Ltd. · CIK 0001865291 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 8,397,015

F1 · shares: Represents shares of the Issuer's common stock purchased by the reporting person following the exercise of subscription rights, including over-subscription rights, pursuant to the Issuer's rights offering to holders of common stock, as described in the Issuer's prospectus supplement dated March 7, 2024, as supplemented by the Issuer's prospectus supplement dated March 28, 2024 (the "Rights Offering").

SEC source: 0001072613-24-000398 · ownership.xml · derivative · entry 2

Lewis Andrew Lloyd · CIK 0001927979 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 3,220 shares

Expires 2024-04-10

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Represents the exercise price of $5.00 per whole share of common stock in the Rights Offering.

F3 · shares: Each holder of common stock of record as of March 7, 2024 received one right for each share of common stock, which entitled the holder to purchase 0.161 of a share of common stock.

F3 · derivative.underlying_shares: Each holder of common stock of record as of March 7, 2024 received one right for each share of common stock, which entitled the holder to purchase 0.161 of a share of common stock.

SEC source: 0001072613-24-000398 · ownership.xml · nonDerivative · entry 1

Lewis Andrew Lloyd · CIK 0001927979 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 33,220

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Represents shares of the Issuer's common stock purchased by the reporting person following the exercise of subscription rights pursuant to the Issuer's rights offering to holders of common stock, as described in the Issuer's prospectus supplement dated March 7, 2024, as supplemented by the Issuer's prospectus supplement dated March 28, 2024 (the "Rights Offering").

SEC source: 0001072613-24-000396 · ownership.xml · derivative · entry 3

Matschke Mason H. · CIK 0001861698 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By Elk Antelope Trust

Disclosed balance after: 0

Underlying: Common Stock · 48,100 shares

Expires 2024-04-10

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Represents the exercise price of $5.00 per whole share of common stock in the Rights Offering.

F3 · shares: Each holder of common stock of record as of March 7, 2024 received one right for each share of common stock, and each right carried with it a basic subscription right, which entitled the holder to purchase 0.161 of a share of common stock, and an over-subscription right, which entitled holders that exercised their basic subscription rights in full to subscribe for additional shares of common stock that were not purchased by other stockholders pursuant to their basic subscription rights, subject to proration. Includes shares purchased pursuant to the exercise of over-subscription rights in connection with the Rights Offering.

F3 · derivative.underlying_shares: Each holder of common stock of record as of March 7, 2024 received one right for each share of common stock, and each right carried with it a basic subscription right, which entitled the holder to purchase 0.161 of a share of common stock, and an over-subscription right, which entitled holders that exercised their basic subscription rights in full to subscribe for additional shares of common stock that were not purchased by other stockholders pursuant to their basic subscription rights, subject to proration. Includes shares purchased pursuant to the exercise of over-subscription rights in connection with the Rights Offering.

SEC source: 0001072613-24-000396 · ownership.xml · nonDerivative · entry 1

Matschke Mason H. · CIK 0001861698 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By Elk Antelope Trust

Disclosed balance after: 346,850

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Represents shares of the Issuer's common stock purchased by the reporting person following the exercise of subscription rights, including over-subscription rights, pursuant to the Issuer's rights offering to holders of common stock, as described in the Issuer's prospectus supplement dated March 7, 2024, as supplemented by the Issuer's prospectus supplement dated March 28, 2024 (the "Rights Offering").

SEC source: 0001072613-24-000394 · ownership.xml · derivative · entry 2

Morrisett Michael R. · CIK 0001630275 · Director · President & CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 73,389 shares

Expires 2024-04-10

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Represents the exercise price of $5.00 per whole share of common stock in the Rights Offering.

F3 · shares: Each holder of common stock of record as of March 7, 2024 received one right for each share of common stock, and each right carried with it a basic subscription right, which entitled the holder to purchase 0.161 of a share of common stock.

F3 · derivative.underlying_shares: Each holder of common stock of record as of March 7, 2024 received one right for each share of common stock, and each right carried with it a basic subscription right, which entitled the holder to purchase 0.161 of a share of common stock.

SEC source: 0001072613-24-000394 · ownership.xml · nonDerivative · entry 1

Morrisett Michael R. · CIK 0001630275 · Director · President & CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 533,172

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Represents shares of the Issuer's common stock purchased by the reporting person following the exercise of subscription rights, pursuant to the Issuer's rights offering to holders of common stock, as described in the Issuer's prospectus supplement dated March 7, 2024, as supplemented by the Issuer's prospectus supplement dated March 28, 2024 (the "Rights Offering").

SEC source: 0001072613-24-000573 · ownership.xml · derivative · entry 2

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By spouse

Disclosed balance after: 0

Underlying: Common Stock · 7,937 shares

Expires 2024-04-10

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Represents the exercise price of $5.00 per whole share of common stock in the Rights Offering.

F2 · shares: This amendment is being filed to correct the number of shares purchased by the reporting person's spouse in the Rights Offering, the number of shares beneficially owned by the reporting person's spouse following the Rights Offering and the number of subscription rights disposed of by the reporting person's spouse.

F4 · shares: Each holder of common stock of record as of March 7, 2024 received one right for each share of common stock, and each right carried with it a basic subscription right, which entitled the holder to purchase 0.161 of a share of common stock, and an over-subscription right, which entitled holders that exercised their basic subscription rights in full to subscribe for additional shares of common stock that were not purchased by other stockholders pursuant to their basic subscription rights, subject to proration. Includes shares purchased pursuant to the exercise of over-subscription rights in connection with the Rights Offering.

F2 · derivative.underlying_shares: This amendment is being filed to correct the number of shares purchased by the reporting person's spouse in the Rights Offering, the number of shares beneficially owned by the reporting person's spouse following the Rights Offering and the number of subscription rights disposed of by the reporting person's spouse.

F4 · derivative.underlying_shares: Each holder of common stock of record as of March 7, 2024 received one right for each share of common stock, and each right carried with it a basic subscription right, which entitled the holder to purchase 0.161 of a share of common stock, and an over-subscription right, which entitled holders that exercised their basic subscription rights in full to subscribe for additional shares of common stock that were not purchased by other stockholders pursuant to their basic subscription rights, subject to proration. Includes shares purchased pursuant to the exercise of over-subscription rights in connection with the Rights Offering.

SEC source: 0001072613-24-000573 · ownership.xml · nonDerivative · entry 1

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By spouse

Disclosed balance after: 38,661

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Represents shares of the Issuer's common stock purchased by the reporting person's spouse following the exercise of subscription rights, including over-subscription rights, pursuant to the Issuer's rights offering to holders of common stock, as described in the Issuer's prospectus supplement dated March 7, 2024, as supplemented by the Issuer's prospectus supplement dated March 28, 2024 (the "Rights Offering").

F2 · shares: This amendment is being filed to correct the number of shares purchased by the reporting person's spouse in the Rights Offering, the number of shares beneficially owned by the reporting person's spouse following the Rights Offering and the number of subscription rights disposed of by the reporting person's spouse.

F2 · balance_after: This amendment is being filed to correct the number of shares purchased by the reporting person's spouse in the Rights Offering, the number of shares beneficially owned by the reporting person's spouse following the Rights Offering and the number of subscription rights disposed of by the reporting person's spouse.

SEC source: 0001072613-24-000262 · ownership.xml · derivative · entry 1

Energy Evolution Master Fund, Ltd. · CIK 0001865291 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: Not disclosed

Underlying: Common Stock · 800,000 shares

Expires 2026-02-15

F1 · derivative.exercise_price: The conversion price is subject to customary adjustments as set forth in the Convertible Note.

F2 · derivative.underlying_shares: Excludes shares issuable at the election of the Reporting Person upon conversion of accrued interest into shares of common stock of the Issuer based upon a floating conversion price as set forth in the Convertible Note.

SEC source: 0001072613-24-000004 · ownership.xml · nonDerivative · entry 1

Marchive Benjamin J. II · CIK 0001912457 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 49,000

SEC source: 0001072613-23-000597 · ownership.xml · nonDerivative · entry 2

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,748,716

F2 · price: The reporting person purchased the 609,013 shares from Empire for an aggregate purchase price of $5,000,000 which was paid in cash to Empire.

SEC source: 0001072613-23-000597 · ownership.xml · nonDerivative · entry 1

Mulacek Phil E · CIK 0001670677 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,139,703

F1 · price: The reporting person purchased the 631,832 shares from Empire Petroleum Corporation ("Empire") for an aggregate purchase price of $5,054,657.53, which was paid through cancellation and extinguishment of the outstanding principal amount and all accrued interest thereon under that certain Amended and Restated Promissory Note due December 31, 2024, in the original aggregate principal amount of $5,000,000, issued by Empire's wholly-owned subsidiary, Empire North Dakota LLC, to the reporting person.

SEC source: 0001072613-23-000596 · ownership.xml · nonDerivative · entry 1

Energy Evolution Master Fund, Ltd. · CIK 0001865291 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,790,469

F1 · price: The reporting person purchased the 1,256,832 shares from Empire Petroleum Corporation ("Empire") for an aggregate purchase price of $10,054,657.53, of which (a) $5,000,000 was paid in cash to Empire and (b) $5,054,657.53 was paid through cancellation and extinguishment of the outstanding principal amount and all accrued interest thereon under that certain Amended and Restated Promissory Note due December 31, 2024, in the original aggregate principal amount of $5,000,000, issued by Empire's wholly-owned subsidiary, Empire North Dakota LLC, to the reporting person.

SEC source: 0001072613-23-000542 · ownership.xml · nonDerivative · entry 1

Vann J Kevin · CIK 0001536206 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 18,115