Empire Petroleum Corporation has amended its existing credit facility with Equity Bank through its subsidiaries. On December 29, 2025, the company entered into the Third Amendment to the Credit Facility, extending the final maturity date to December 29, 2028. The amendment included a replacement promissory note, an amended and restated security agreement, and a $50,550 non-refundable loan extension fee. The credit facility, which initially had a maximum revolver commitment of $15 million, was previously increased to $20 million and will see monthly reductions in the commitment amount. The obligations under the facility are secured by first priority liens on at least 80% of the borrowers’ oil, gas, and mineral interests in North Dakota and Montana.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Empire Petroleum Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001072613-26-000013), on January 05, 2026, and is solely responsible for the information contained therein.