# EDGAR Filing Document

**Accession Number:** 0001670677
**File Stem:** 0001072613-26-000336
**Filing Date:** 2026-4
**Character Count:** 9916
**Document Hash:** 810ba5cd472c13cbc61f0f77a10ab1b2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001072613-26-000336.hdr.sgml**: 20260428

**ACCESSION NUMBER**: 0001072613-26-000336

**CONFORMED SUBMISSION TYPE**: 5

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260428

**DATE AS OF CHANGE**: 20260428

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Mulacek Phil E
- **CENTRAL INDEX KEY:** 0001670677

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 5
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-16653
- **FILM NUMBER:** 26907054

**MAIL ADDRESS:**
- **STREET 1:** 25025 I 45 NORTH
- **STREET 2:** SUITE 420
- **CITY:** THE WOODLANDS
- **STATE:** TX
- **ZIP:** 77380
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** EMPIRE PETROLEUM CORP
- **CENTRAL INDEX KEY:** 0000887396
- **STANDARD INDUSTRIAL CLASSIFICATION:** CRUDE PETROLEUM & NATURAL GAS [1311]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 731238709
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 2200 S. UTICA PLACE
- **STREET 2:** SUITE 150
- **CITY:** TULSA
- **STATE:** OK
- **ZIP:** 74114
- **BUSINESS PHONE:** (539) 444-8002

**MAIL ADDRESS:**
- **STREET 1:** 2200 S. UTICA PLACE
- **STREET 2:** SUITE 150
- **CITY:** TULSA
- **STATE:** OK
- **ZIP:** 74114

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AMERICOMM RESOURCES CORP
- **DATE OF NAME CHANGE:** 19951115

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AMERICOMM CORP
- **DATE OF NAME CHANGE:** 19930328

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 5

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Mulacek Phil E<br><sub>(Last) (First) (Middle)</sub><br>25025 I 45 NORTH<br>SUITE 420<br><sub>(Street)</sub><br>THE WOODLANDS, TX 77380<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2025-12-31 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director [X] 10% Owner<br>[ ] Officer (give title below) [ ] Other (specify below)<br>_ _ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>EMPIRE PETROLEUM CORP [ EP ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock | 2025-09-19 |  | M | V | 135135<sup>(1)</sup> | A | <sup>(2)</sup> | 6308069 | D |  |
| Common Stock | 2025-09-19 |  | M | V | 35402<sup>(1)</sup> | A | <sup>(2)</sup> | 852664 | I | By Petroleum Independent & Exploration LLC |
| Common Stock | 2025-09-19 |  | M | V | 14326<sup>(1)</sup> | A | <sup>(2)</sup> | 540626 | I | By Big Red Revocable Trust |
| Common Stock | 2025-09-19 |  | M | V | 48166<sup>(1)</sup> | A | <sup>(2)</sup> | 533368 | I | By Five Sterling LP |
| Common Stock | 2025-09-19 |  | M | V | 570<sup>(1)</sup> | A | <sup>(2)</sup> | 43403 | I | By spouse |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Subscription Rights (right to buy) | 0.0737<sup>(2)</sup> | 2025-09-19 |  | M | V |  | 5309896<sup>(3)</sup> | 2025-07-10 | 2025-08-20 | Common Stock | <sup>(3)</sup> | $0 | 0 | D |  |
| Subscription Rights (right to buy) | 0.0737<sup>(2)</sup> | 2025-09-19 |  | M | V |  | 817262<sup>(3)</sup> | 2025-07-10 | 2025-08-20 | Common Stock | <sup>(3)</sup> | $0 | 0 | I | By Petroleum Independent & Exploration LLC |
| Subscription Rights (right to buy) | 0.0737<sup>(2)</sup> | 2025-09-19 |  | M | V |  | 526300<sup>(3)</sup> | 2025-07-10 | 2025-08-20 | Common Stock | <sup>(3)</sup> | $0 | 0 | I | By Big Red Revocable Trust |
| Subscription Rights (right to buy) | 0.0737<sup>(2)</sup> | 2025-09-19 |  | M | V |  | 485202<sup>(3)</sup> | 2025-07-10 | 2025-08-20 | Common Stock | <sup>(3)</sup> | $0 | 0 | I | By Five Sterling LP |
| Subscription Rights (right to buy) | 0.0737<sup>(2)</sup> | 2025-09-19 |  | M | V |  | 42833<sup>(3)</sup> | 2025-07-10 | 2025-08-20 | Common Stock | <sup>(3)</sup> | $0 | 0 | I | By spouse |
| Common Stock Warrant (right to buy) | 5.46<sup>(2)</sup> | 2025-09-19 |  | M | V |  | 132162<sup>(3)</sup> | 2025-08-20 | 2025-11-18 | Common Stock | <sup>(3)</sup> | <sup>(2)</sup> | 132162 | D |  |
| Common Stock Warrant (right to buy) | 5.46<sup>(2)</sup> | 2025-09-19 |  | M | V |  | 34623<sup>(3)</sup> | 2025-08-20 | 2025-11-18 | Common Stock | <sup>(3)</sup> | <sup>(2)</sup> | 34623 | I | By Petroleum Independent & Exploration LLC |
| Common Stock Warrant (right to buy) | 5.46<sup>(2)</sup> | 2025-09-19 |  | M | V |  | 14010<sup>(3)</sup> | 2025-08-20 | 2025-11-18 | Common Stock | <sup>(3)</sup> | <sup>(2)</sup> | 14010 | I | By Big Red Revocable Trust |
| Common Stock Warrant (right to buy) | 5.46<sup>(2)</sup> | 2025-09-19 |  | M | V |  | 47106<sup>(3)</sup> | 2025-08-20 | 2025-11-18 | Common Stock | <sup>(3)</sup> | <sup>(2)</sup> | 47106 | I | By Five Sterling LP |
| Common Stock Warrant (right to buy) | 5.46<sup>(2)</sup> | 2025-09-19 |  | M | V |  | 557<sup>(3)</sup> | 2025-08-20 | 2025-11-18 | Common Stock | <sup>(3)</sup> | <sup>(2)</sup> | 557 | I | By spouse |

---

### Footnotes:

(1) 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 July 10, 2025, as supplemented by the Issuer's prospectus supplements dated July 24, 2025, July 25, 2025 and August 19, 2025 (the "Rights Offering").

(2) Represents the exercise price of $0.07367 per unit in the Rights Offering. A stockholder needed to hold at least 72 shares of common stock to receive subscription rights to purchase at least one whole share of common stock at $5.30 per share, as well as at least 74 shares of common stock to receive warrants to purchase one whole share of common stock at $5.46 per share.

(3) Each holder of common stock of record as of July 10, 2025 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 one unit, with each unit consisting of 0.0139 of a share of common stock and one warrant exercisable for 0.0136 of a share of common stock at $5.46 per whole share, and an over-subscription right, which entitled holders that exercised their basic subscription rights in full to subscribe for additional units that were not purchased by other stockholders pursuant to their basic subscription rights, subject to proration. Includes shares and warrants purchased pursuant to the exercise of over-subscription rights in connection with the Rights Offering.

**Signature:** /s/ Phil E. Mulacek  
**Date:** 2026-04-28

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**