Imperial Petroleum Inc. IPMN Archives

ThursdayAug 11, 2011 10:11 am

Imperial Petroleum, Inc. (IPMN) Engages Wolfe Axelrod Weinberger Associates for Investor Relations Services

Shortly after today’s opening bell, Imperial Petroleum announced that it has retained Wolfe Axelrod Weinberger Associates LLC as its investor relations firm to communicate the company’s strategic goals and business developments to the investment community. Mr. Jeffrey T. Wilson, CEO of Imperial Petroleum, noted, "Imperial has reached an inflection point in its growth that warrants an active investor relations program. After a careful search and review, we have selected Wolfe Axelrod Weinberger Associates to assist us in our investor relations efforts because of its focus on emerging microcap companies and its extensive contacts among investors who are interested in new,…

MondayAug 08, 2011 2:28 pm

Imperial Petroleum, Inc. (IPMN) Provides Investors with Update and Expectations of Strong Fourth Quarter Results

Earlier today after the opening bell, Imperial Petroleum, Inc. provided the investor community with a comprehensive update on its operations and current initiatives. President of Imperial Jeffrey T. Wilson stated, “We have purchased an initial site comprising 121 acres in Kentucky for the installation of our oil sands processing unit and have begun a program to lease surrounding acreage to increase our overall acreage position in this area and begin mining operations in October, 2011. We have established an operating facility in Houston, Texas for our subsidiary, Imperial Chemical Company, to manufacture SANDKLENE 950 in connection with the oil sands…

FridayAug 05, 2011 1:23 pm

Imperial Petroleum, Inc. (IPMN) Secures Diversified Energy Portfolio with Traditional Production

Given that Imperial Petroleum has one of the more forward-looking portfolios of any developing energy company, with interests in biodiesel as well as tar sands recovery technologies, it’s easy to overlook the company’s substantial stake in traditional oil and gas production. A major part of this effort is their interest in Coquille Bay Field, located in Plaquemines Parish, on the southeast tip of Louisiana. The field had been inactive for several years, and a new operating agreement was negotiated with the State of Louisiana by the previous operator, Royal-T Oil Co, Inc. Imperial assumed operations in January 2005 and successfully…

TuesdayAug 02, 2011 9:00 am

Imperial Petroleum, Inc. (IPMN) Video Chart for Tuesday, August 2, 2011

IPMN is stuck in a channel between $1.30 and $1.40. Volume picked up yesterday as the stock closed at the topside of the channel which will have technical traders once again on watch for a breakout and potential climb to test old highs. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts Let us hear your thoughts below:

MondayAug 01, 2011 2:59 pm

Jeffrey T. Wilson Leads Imperial Petroleum, Inc. (IPMN) to Successful Diversification

Since 1993, Jeffrey T. Wilson has been the Chairman, President, and CEO of Imperial Petroleum, moving it into its current position of being a diversified energy company, with interests in biodiesel production, oil sands processing, as well as traditional oil and gas production. The acquisition of e-Biofuels gave Imperial an instant production capacity of 15 million gallons per year of biodiesel, expandable to 30 million gallons. Biodiesel sales for the quarter ended April 30, 2011, were approximately $36.5 million. In the area of non-traditional oil production, the company formed Arrakis Oil Recovery, to acquire a non-exclusive license for the development…

MondayJul 25, 2011 10:43 am

Imperial Petroleum, Inc. (IPMN) Ready to Tackle Tar Sands with New Proprietary Process

Perhaps Imperial Petroleum’s greatest long-term asset is the company’s diversity, together with its successful moves into developing technologies. Not only has Imperial been able to make major gains in renewable energy, managing to grow a recent bio-diesel production acquisition to an expected $60 million in sales for 2011, but it has also gained a significant foothold in the field of bitumen recovery from tar sands through its Arrakis Oil Recovery subsidiary. Arrakis Oil was formed to own and operate a process technology license for the recovery of bitumen from oil sands, using patented and proprietary technology. The process involves a…

TuesdayJul 19, 2011 11:39 am

Imperial Petroleum, Inc. (IPMN) Cultivates Major Green Component

Energy diversity is a keyword at Imperial Petroleum, an Indiana based company engaged in three principal areas of energy production: biodiesel and biofuels production, traditional oil and gas exploration and production, and non-traditional oil production of heavy oil from tar sands. One of the company’s biggest moves was the acquisition of e-biofuels, LLC, a biodiesel producer located in Middletown, Indiana, with a nameplate capacity of 15 million gallons per year, and an expanded production capacity of approximately 30 million gallons per year. While it has been a rough time for many biodiesel plants, careful management from Imperial has grown biodiesel…

TuesdayJul 12, 2011 8:12 am

Imperial Petroleum, Inc. (IPMN) Commences Trading on the OTC Market’s Highest Tier

Today before the opening bell, OTC Markets Group Inc., the company that operates the world's largest electronic marketplace for broker-dealers to trade unlisted stocks, announced that Imperial Petroleum, Inc., an energy company with operations in bio-fuels and oil and natural gas production, is now trading on its highest tier, OTCQX. "Investors prefer the quality-controlled admission process on OTCQX which identifies the segment of OTC companies focused on valuation and transparency," said R. Cromwell Coulson, President and Chief Executive Officer of OTC Markets Group. "We are pleased to welcome Imperial Petroleum to OTCQX." Investors can find current financial disclosure and Real-Time…

ThursdayJul 07, 2011 9:33 am

Imperial Petroleum, Inc. (IPMN) Leverages a Diversified Business Model

Imperial Petroleum, Inc., headquartered in Evansville, Indiana, is a diversified energy company vested in traditional oil and gas exploration and production; biofuels, notably biodiesel; and non-traditional oil extraction from workable tar sands. In the first category, Imperial Petroleum operates – either through working interests or through leases – oil and gas wells in the Bernice Field in Union Parish, northern Louisiana; in the Coquilee Bay Field in Plaquemines Parish, Louisiana; in the Cotton Valley, Travis Peak and Pettit formations in the Bethany and Carthage fields in Texas; in Jack and Parker counties, Texas; and in the Claymour Field, Todd County,…

FridayJul 01, 2011 8:33 am

Imperial Petroleum Inc. (IPMN) is “One to Watch”

Imperial Petroleum, Inc. is a diversified energy company focused on biodiesel and biofuels production; traditional oil and gas exploration and production; and non-traditional oil production of heavy oil from mineable tar sands. The company plans to expand its biofuels operations across the United States over the coming months and is currently evaluating other sites for biodiesel facilities. The company’s biodiesel and biofuels division uses waste greases and oils, including chicken fat, as its primary feedstock. Biodiesel sales for the quarter ended April 30, 2011 were approximately $36.5 million on volumes of about 8.7 million gallons. The production facility is now…

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