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 WilsonContact Information
329 Main Street
Suite 801
Evansville, Indiana 47708
812-867-1433
Peer Companies
NAICS Code Drilling Oil and Gas Wells: 213111
Recent Events
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Imperial Petroleum Inc to acquire Louisiana oil properties
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Imperial Petroleum Swings To Profit In FY09 - Quick Facts
News & Analysis
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imperial petroleum inc. - All News and Analysis
Daily Market Movers Digest Midday Stock Alerts, Tuesday, August 1st, IPTM, XKEM, CKYS, TBYH, WNCP, ECFL.
M2 PRESSWIRE-1 August 2006-OTCPicks.com: Daily Market Movers Digest Midday Stock Alerts, Tuesday, August 1st, IPTM, XKEM, CKYS, TBYH, WNCP, ECFLC1994-2006 M2 COMMUNICATIONS LTD RDATE:01082006 Today our stock watch alerts today include Featured Profiles for Imperial Petroleum, Inc. (OTCBB:IPTM), Xechem International, Inc....
Imperial Signs Letter of Intent to Merge with United Heritage Corporation
EVANSVILLE, Ind. -- Imperial Petroleum, Inc. ("Imperial" or the "Company")(OTCBB: IPTM) announced it has signed a letter of intent to merge with United Heritage Corporation (NASDAQ: UHCP). Under the terms of the merger, United Heritage will issue 1 share of its common stock for each 3 shares of Imperial common...
Imperial Petroleum Inc. Announces Sale
EVANSVILLE, Ind.--BUSINESS WIRE--July 15, 1999-- Imperial Petroleum Inc. (OTC BB:IPTM) announced today that its subsidiary, Oil City Petroleum Inc., a public company located in Tulsa, Okla., sold its Double Eagle Petroleum Inc. company to Comanche Energy Inc. for approximately 14.5 million shares of Comanche common stock. Imperial owns...
Imperial Petroleum Inc. Agrees to Acquire Oil Company
EVANSVILLE, Ind.--BUSINESS WIRE--Sept. 2, 1998--Imperial Petroleum Inc. (OTC BB:IPTM) announced today it has signed a letter of intent to acquire 90 percent control of Oil City Petroleum Inc., a small public company located in Tulsa, Okla., subject to approval of Oil City's primary lender.Under the terms of the deal, Imperial...
Imperial Petroleum Inc. Closes Acquisition of SilaQuartz Mining Company Ltd
EVANSVILLE, Ind.--BUSINESS WIRE--Dec. 4, 1997--Imperial Petroleum Inc. (OTC BB:IPTM) announced today it has completed the acquisition of an 80 percent interest in SilaQuartz Mining Company Ltd. SilaQuartz owns mining rights in southeastern Idaho to 2,300 acres of high grade silica ore. Imperial acquired 80 percent control...
Imperial Petroleum Inc. to Acquire SilaQuartz Mining Company Ltd
EVANSVILLE, Ind.--BUSINESS WIRE--Oct. 16, 1997--Imperial Petroleum Inc. (NASDAQ:IPTM) announced today it has signed a Letter of Intent to acquire an 80 percent interest in SilaQuartz Mining Company Ltd. SilaQuartz owns mining rights in southeastern Idaho to 2,300 acres of high grade silica ore. Under the terms...
Imperial Petroleum Inc. Announces Construction Start-Up of Pilot Plant
EVANSVILLE, Ind.--BUSINESS WIRE--Sept. 10, 1997--Imperial Petroleum Inc. (NASDAQ:IPTM) announced today its wholly owned subsidiary, Ridgepointe Mining Co., has begun construction of a pilot processing facility to recover gold at its Duke Mine in Utah. The company has been completing permitting, testing and site preparation during the last...
Imperial Petroleum Inc. announces reverse stock split
EVANSVILLE, Ind.--BUSINESS WIRE--Dec. 2, 1996--Imperial Petroleum Inc. (NASDAQ Bulletin Board Symbol -- IMPE) announced today its shareholders approved a one for six reverse stock split of the company's common stock at its annual meeting held on Nov. 21, 1996. As a result of the reverse split, the...
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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
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Imperial Provides General Update
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Imperial Provides General Update
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