BNET Industries

Market Cap:$1.5M
Last Fiscal Year Sales:$1.8M
  • Public
  • US
Dow Jones Description

Imperial Petroleum, Inc., a Nevada corporation ("the Company"), is a diversified energy, and mineral mining company headquartered in Evansville, Indiana. The Company has historically been engaged in the production and exploration of crude oil and natural gas in Oklahoma and Texas and had diversified its business activities to include mineral mining, with a particular emphasis on gold mining. The Company re-focused its efforts in the oil and natural gas business with the acquisitions of assets from Warrior Resources, Inc. and Hillside Oil & Gas LLC in 2004 and is seeking to sell or develop through partnerships or joint ventures, its mining assets. At July 31,2005, the Company operated 145 oil and gas wells in Texas, New Mexico, Louisiana and Mississippi and owned an interest in an additional approximately 280 wells operated by others. Net daily production from the Company's oil and gas properties was approximately 135 Bopd and 1086 Mcfpd in July 2005. The Company's estimated net proven oil and gas reserves as of July 31, 2005 were 799 MBO and 15,163 MMCFG. The Company is the operator of the Duke Gold Mine in Utah, although no significant operations occurred during the prior fiscal year.

Director, Chairman of the Board
Jeffrey T Wilson
Contact Information

329 Main Street

Suite 801

Evansville, Indiana 47708

812-867-1433

NAICS Code Drilling Oil and Gas Wells: 213111

Recent Events

  • Imperial Petroleum Inc to acquire Louisiana oil properties

    11/05/09 - Buildings Purchased - View Story

  • Imperial Petroleum Swings To Profit In FY09 - Quick Facts

    10/29/09 - Financial Announcement - View Story

News & Analysis

business wire and imperial petroleum inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Aaron M Wilson Director

Board of Directors

Name (plus bio) Position
Jeffrey T Wilson Director, Chairman of the Board

Organization Position Status
Imperial Petroleum, Inc. Director, Chairman of the Board Current

Organization Position Status
Imperial Petroleum, Inc. Director Current

Executive News

  • Imperial Provides General Update

    Reuters - 7/13/09 - View Story

  • Imperial Provides General Update

    Business Wire - 7/13/09 - View Story

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     IPMN $0.09 -0.01 (-5.26% )
Average Volume 7,947
Shares Outstanding 16.96M
Market Cap 1.5M
Year High 0.19
Year Low 0.003
Earnings Per Share 0.58
P/E Ratio 0.16
Dividend N/A
Yield N/A
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