EVANSVILLE, Ind.–(BUSINESS WIRE)– (OTCQX: IPMN.OB – News) Imperial Petroleum, Inc. is pleased to provide the following update on its oil sands joint venture and business prospects: Under the terms of the previously announced joint venture for the Company’s oil sands operations in Kentucky, Peak has begun funding the operating subsidiary, MidAmerica Oil Sands, LLC. We [...]
Form 8-K for IMPERIAL PETROLEUM INC 11-May-2012 Entry into a Material Definitive Agreement, Unregistered Sale of Equity Se ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT On May 8, 2012, Imperial Petroleum, Inc. (hereinafter referred to as the “Company”, “we,” “us” or “our”) completed a series of Settlement and Release Agreements effective April 30, 2012 [...]
18-Apr-2012 Entry into a Material Definitive Agreement ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT On April 6, 2012 the Registrant’s wholly-owned subsidiaries, Arrakis Oil Recovery, LLC and Phoenix Metals, Inc. dba Imperial Chemical Company entered into a Joint Venture Agreement with Peak Concepts, LLC to develop the Company oil sand business and properties in [...]
EVANSVILLE, Ind.–(BUSINESS WIRE)– (OTCQX: IPMN.OB – News) Imperial Petroleum, Inc. announced today that it has formed a lease pool with a private group to begin acquiring acreage on certain oil and natural gas drilling prospects located in the Illinois Basin. Jeffrey Wilson, President of the Company, said, “In addition to our oil sands business located [...]
EVANSVILLE, Ind.–(BUSINESS WIRE)– Imperial Petroleum, Inc. (OTCQX:IPMN.OB – News) is pleased to provide the following update on its oil sands joint venture and business prospects: As previously announced the Company’s wholly-owned subsidiaries, Arrakis Oil Recovery, LLC and Imperial Chemical Company executed a joint venture agreement to complete development of the Company’s initial oil sand project [...]
EVANSVILLE, Ind.–(BUSINESS WIRE)–(OTCQX: IPMN.OB – News) Imperial Petroleum, Inc. announced changes to its corporate and management structure as follows: On April 4, 2012, the Company’s wholly-owned subsidiary, e-Biofuels, LLC filed a voluntary petition for protection from creditors under Chapter 7 of Title 11 of the Bankruptcy Code with the United States Bankruptcy Court for the [...]
21-Mar-2012 Quarterly Report View 10 Q Here: http://www.imperialpetroleuminc.com/site/ipmn-10q/ Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations. RESULTS OF OPERATIONS The factors which most significantly affect the Company’s results of operations are (i) the sale prices of biodiesel, biodiesel feedstocks, crude oil and natural gas, (ii) the level of biodiesel, crude [...]
MIDDLETOWN, Ind. – February 16, 2012 – Imperial Petroleum, Inc. (OTC QX: IPMN), a leading biodiesel and diversified alternative energy company, today announced that it has finalized the sale of its share of the ownership of the Coquille Bay Field located in Plaquemines Parish, Louisiana. Mr. Tim Jones, Acting CEO of Imperial Petroleum, stated, “The [...]
16-Feb-2012 Completion of Acquisition or Disposition of Assets ITEM 2.01 COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS On February 14, 2012 Imperial Petroleum, Inc. (the “Company”) closed an Asset Purchase Agreement (the “Agreement”) with Eleven Energy Corporation, which finalized the sale of its share of the ownership of the Coquille Bay Field located in Plaquemines [...]
15-Feb-2012 Change in Directors or Principal Officers ITEM 5.02 DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS The Registrant reported on February 9, 2012 that it had accepted the resignation of Rob Willmann from its Board of Directors. Mr. Willmann resigned due to time constraints and had no disagreements with [...]