Filing Details
- Accession Number:
- 0001072613-22-000521
- Form Type:
- 13D Filing
- Publication Date:
- 2022-08-16 20:00:00
- Filed By:
- Puckett Land Co
- Company:
- Empire Petroleum Corp (OTCMKTS:EP)
- Filing Date:
- 2022-08-17
- SEC Url:
- 13D Filing
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
| Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
|---|---|---|---|---|---|---|
| Puckett Land Company | 1,000,000 | 0 | 1,000,000 | 0 | 1,000,000 | 4.9% |
292034 20 4
| CUSIP NO. 292034 20 4 | 13D | Page 2 of 5 pages |
| 1 | NAMES OF REPORTING PERSONS | | | ||
| Puckett Land Company | | | |||
| | | ||||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) | ☐ | ||
| (b) | ☐ | ||||
| | | ||||
| 3 | SEC USE ONLY | | | ||
| | | | |||
| | | ||||
| 4 | SOURCE OF FUNDS (SEE INSTRUCTIONS) | | | ||
| WC | | | |||
| | | ||||
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E) | | ☐ | ||
| | | ||||
| | | ||||
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | ||
Colorado | | | |||
| | | ||||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER | | | |
| 1,000,000 | | | |||
| | | ||||
| 8 | SHARED VOTING POWER | | | ||
| 0 | | | |||
| | | ||||
| 9 | SOLE DISPOSITIVE POWER | | | ||
| 1,000,000 | | | |||
| | | ||||
| 10 | SHARED DISPOSITIVE POWER | | | ||
| 0 | | | |||
| | | ||||
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | ||
| 1,000,000 | | | |||
| | | ||||
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | | ☐ | ||
| | | ||||
| | | ||||
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | | | ||
| 4.9% | | | |||
| | | ||||
| 14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | | | ||
| CO | | | |||
| | | ||||
| CUSIP NO. 292034 20 4 | 13D | Page 3 of 5 pages |
This Schedule 13D (Amendment No. 3) amends and restates in its entirety the Schedule 13D, which was filed on September 18, 2018.
The securities to which this Schedule 13D relate are shares of common stock, par value $.001 per share ("Common Stock"), of Empire Petroleum Corporation (the "Company").
The address of the Company’s principal executive office is 2200 S. Utica Place, Suite 150, Tulsa, OK 74114.
Puckett Land Company is a Colorado corporation.
Puckett Land Company is in the oil and gas exploration and production business.
The address of Puckett Land Company's principal office is 5460 S. Quebec St, Suite 250, Greenwood Village, CO 80111.
Puckett Land Company has not, during the last five years, been convicted in a criminal proceeding (excluding traffic violations and similar misdemeanors).
Puckett Land Company has not, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such a proceeding, been subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
On August 29, 2018, Puckett Land Company purchased 755,297 shares of the Company's Common Stock and warrants to purchase 755,297 shares of Common Stock at an exercise price per share of $0.60 until December 31, 2020, for an aggregate purchase price of $302,119 using working capital of Puckett Land Company.
On September 20, 2018, Puckett Land Company purchased 494,702 shares of the Company's Common Stock and warrants to purchase 494,702 shares of Common Stock at an exercise price per share of $0.60 until December 31, 2020, for an aggregate purchase price of $197,880.91 using working capital of Puckett Land Company.
On December 31, 2020, all of the warrants owned by Puckett Land Company expired.
On July 9, 2021, Puckett Land Company transferred 250,000 shares of Common Stock to Energy Evolution Master Fund, Ltd. in exchange for an ownership interest in such fund on a basis of a valuation of $3.00 for each share a Common Stock.
| CUSIP NO. 292034 20 4 | 13D | Page 4 of 5 pages |
Puckett Land Company received and currently holds the shares of the Company's Common Stock and Warrants, as described herein, for investment purposes.
Other than as described below, Puckett Land Company does not have any plans or proposals that relate to or would result in any of the actions specified in clauses (a) through (j) of Item 4 to Schedule 13D.
| (a) | Puckett Land Company is the beneficial owner of 1,000,000 shares of Common Stock, or 4.9% of the total issued and outstanding shares of Common Stock. The ownership percentage included in this Schedule 13D (Amendment No. 3) is based on 20,507,821 outstanding shares of Common Stock as of May 17, 2022, which figure was received from the Company. |
| (b) | The responses of Puckett Land Company to Items 7-11 of the cover page of this Schedule 13D are incorporated herein by reference. |
| (c) | The responses to Item 3 of this Schedule 13D are incorporated herein by reference. |
| (d) | Not applicable. |
| (e) | Puckett Land Company ceased to be a beneficial owner of more than 5% of shares of Common Stock on May 17, 2022. |
| CUSIP NO. 292034 20 4 | 13D | Page 5 of 5 pages |
PUCKETT LAND COMPANY | ||
Date:
August 17, 2022 | By: /s/
Eric R. Stearns | |
Name: Eric R. Stearns Title: President |