TULSA, Okla.–(BUSINESS WIRE)–Empire Petroleum Corporation (OTCQB: EMPR) (“Company”) announced today that the board of directors has retained Pritchard Griffin Advisors (“PGA”) to advise the company on its previously announced potential NW Louisiana transaction and on other prospective mergers, joint ventures and acquisitions for the Company.
Mike Morrisett, President of Empire Petroleum Corporation, commented, “We are very pleased to have PGA engaged with the Company. Their breadth of experience, knowledge, and contacts in most of the major oil and gas basins in the U.S., specifically within the East Texas/Louisiana Cotton Valley/Haynesville play, provides the Company with the confidence to implement our initial strategy within this region.” Shortly after our anticipated closing of the Haynesville-Cotton Valley fairway transaction, expected in early November, Tommy Pritchard, managing director and founder of PGA, will be appointed to our Board of Directors and assume a key senior management role within Empire.
ABOUT PRITCHARD GRIFFIN ADVISORS
Pritchard Griffin Advisors/Pritchard Energy Advisors was founded to serve the unique investment banking needs of the energy sector – upstream, mid-stream, downstream as well as renewables. Founding partners Tommy Pritchard and Ken Griffin have over 45 years’ experience in capital markets, mergers, acquisitions, and divestitures working on a global scale. The firm’s principals have also closed strategic transactions on behalf of major companies in healthcare, heavy industry and emerging technologies.
ABOUT EMPIRE PETROLEUM CORPORATION
Empire Petroleum Corporation is an Oklahoma based energy company engaged in the business of oil and gas exploration and development in North America.