• Empire Petroleum issued a $6.75 million promissory note to Energy Evolution Master Fund on November 9, 2026, receiving full funding.
• The note funds general working capital, carries 6% annual interest and matures May 9, 2028.
• Energy Evolution may convert principal at $2.16 per share from January 9, 2027, through May 9, 2028.
• Full principal conversion would result in 3,125,000 shares; accrued interest on converted principal is payable in cash upon conversion.
• Unpaid principal carries 9% annual interest past maturity; penalty-free prepayment requires at least five business days' prior written notice.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Empire Petroleum Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001072613-26-000891), on November 13, 2026, and is solely responsible for the information contained therein.