Empire Petroleum announced a recent change in executive leadership.
The company revealed the resignation of Eugene J. Sweeney as Chief Operating Officer.
Empire, in a filing with the Securities and Exchange Commission, explained his departure was the result of the firm’s transition to a regional operational model.
“…his duties are being dispersed among employees who will be primarily responsible for overseeing operations in the various regions in which the Company operates”.
In May, the company announced the promotion of Stephen L. “Larry” Faulkner to Chief Financial Officer. He was formerly with the former WPX Energy Inc. before its merger with Devon Energy Corporation in 2021.