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Empire Petroleum shares fall 3.75% intraday after New Mexico Oil Conservation Commission ruling.
ByAinvest
Monday, Aug 18, 2025 3:43 pm ET1min read
Empire Petroleum Corporation declined 3.75% in intraday trading. The company announced a unanimous and favorable ruling from the New Mexico Oil Conservation Commission regarding its rights to the Residual Oil Zone in the Eunice Monument South Unit, affirming the existence of a ROZ in the Grayburg and San Andres formations within the EMSU and confirming Empire's exclusive rights to produce the ROZ.
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