8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities and Exchange Act of 1934

(Date of earliest event reported): November 8, 2011

IMPERIAL PETROLEUM, INC.

(Exact name of Registrant as specified in its charter)

Nevada	0-9923	95-3386019
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification)

329 Main Street, Suite 801

Evansville, IN 47708

(Address of principal executive office and zip code)

(812) 867-1433

(Registrant’s telephone number, including area code)

Check the appropriate box bellow if the 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:

¨ Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)).

ITEM 5.02 DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS

The Registrant reported on November 8, 2011 that it had accepted the resignation of Jeffrey T. Wilson and Aaron M. Wilson from its Board of Directors. Mr. Jeffrey Wilson was the Chairman and President of the Company and resigned due to health issues, but will continue to assist the Company as a technical consultant on its tar sand business. Mr. Aaron Wilson resigned to allow for the appointment of Mr. Tim Jones to the Board who was also promoted to Chief Financial Officer of the Company and President of the Company’s e-Biofuels, LLC subsidiary. Mr. Aaron Wilson will retain his title as President of Arrakis Oil Recovery, LLC.

The Board appointed Mr. John Ryer, a Director of the Company, as its new Chief Executive Officer and President. Mr. John Ryer has over eighteen years’ experience in the financial services industry including 10 years with ING Mutual Funds where he rose to head of trust and institutional sales. He also worked at Merrill Lynch and other brokerages.

Neither Mr. Jeffrey Wilson nor Mr. Aaron Wilson had any disagreements with the Management of the Company or with its independent accountants. All of the appointments by and to the Board will serve until the next regularly scheduled shareholder’s meeting.

ITEM 9.01 EXHIBITS

(d) Exhibits

Exhibit Number	Description of Exhibit
Exhibit 99.1	Press Release
Exhibit 99.2	Letter of Resignation: Jeffrey T. Wilson
Exhibit 99.3	Letter of Resignation: Aaron M. Wilson

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Imperial Petroleum, Inc.
By:	/s/    JOHN RYER
	John Ryer
Title:	President

Dated: November 14, 2011

EX-99.1

Exhibit 99.1

For Immediate Release

Wolfe Axelrod Weinberger Associates, LLC

Stephen D. Axelrod, CFA / Adam Lowensteiner

(212) 370-4500, (212) 370-4505 fax

steve@wolfeaxelrod.com, adam@wolfeaxelrod.com

IMPERIAL PETROLEUM ANNOUNCES THE RESIGNATION OF CHAIRMAN AND CEO

- Board of Directors Appoints Mr. John Ryer as CEO and President -

- Company Announces Management Changes to Strengthen Team -

EVANSVILLE, Ind. – November 11, 2011 — Imperial Petroleum, Inc. (OTCQX: IPMN), a leading biodiesel and diversified alternative energy company, today announced the resignation of Jeffrey Wilson, who was Chairman of the Board of Directors, President and CEO. In taking this action, the Board of Directors accepted Mr. Wilson’s letter of resignation in light of medical issues that could pose as a distraction. Mr. Wilson will continue to assist the company through a consultancy role as the head of technology and will be available to discuss strategy and new business opportunities.

Coinciding with the resignation, the Board has made several management changes to strengthen the team. Effective immediately, the Board has appointed Mr. John Ryer, a Director of the Company, as CEO and President of Imperial Petroleum. The Board has also promoted Mr. Tim Jones to Chief Financial Officer of Imperial Petroleum and President of e-Biofuels. Mr. Jones has been the VP of Finance for e-Biofuels. In addition, Mr. Aaron Wilson resigned his seat from the Board and will retain his operational title as President of Arrakis Oil Recovery, LLC., a wholly-owned subsidiary of Imperial Petroleum.

Mr. John Ryer has over eighteen years experience in the financial services industry including 10 years with ING Mutual Funds where he rose to head of trust and institutional sales. He also worked at Merrill Lynch and other brokerages.

Mr. Ryer, stated, “On behalf of the Board, we thank Jeff for all his work and accomplishments in building Imperial Petroleum into the Company it is today and wish him well. The Company has a great foundation with a strong base of revenues on the biofuels side and a manageable capital structure to enable solid growth. We have a strong core biofuel’s business that has huge growth potential with a team that has brought the Company to $110 million in revenue from $5 million in a single year. As a result, I anticipate a smooth and seamless transition as I undertake my new role as CEO and President of Imperial Petroleum. I am looking forward to taking Imperial to the next level and I know that I speak for the entire Board and management of Imperial in saying that we are all very excited about the future prospects for the Company.”

- More -

About Imperial Petroleum

Imperial is an energy company headquartered in Evansville, Indiana. The Company is engaged in three principal areas of energy production: (i) biodiesel and biofuels production, (ii) traditional oil and gas exploration and production and (iii) non-traditional oil production of heavy oil from mineable tar sands.

Forward Looking Statement

This press release may contain “forward-looking statements” as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are based on management’s current expectations and are subject to a number of factors and uncertainties which could cause actual results to differ materially from those described herein. Although the Company believes that the expectations in such statements are reasonable, there can be no assurance that such expectations will prove to be correct.

###

EX-99.2

Exhibit 99.2

JEFFREY T. WILSON

11600 GERMAN PINES

EVANSVILLE, IN 47725

November 7, 2011

Board of Directors

Imperial Petroleum, Inc.

PO Box 1006

Evansville, IN 47706

Re: Resignation

Dear Board,

Effective immediately and upon acceptance by the Board, I hereby resign my position as Chairman of the Board and President of Imperial Petroleum, Inc. and all subsidiaries of the Company. My resignation is being tendered due to health issues.

I have had no disagreements with the Board or Management of the Company or with its independent accountants or auditors.

Thank you for the opportunity to serve the Company.

Very Truly Yours,

/s/ Jeffrey T. Wilson

Jeffrey T. Wilson

President

EX-99.3

Exhibit 99.3

AARON M. WILSON

101 NW 1^ST STREET, SUITE 213

EVANSVILLE, IN 47708

November 7, 2011

Board of Directors

Imperial Petroleum, Inc.

PO Box 1006

Evansville, IN 47706

Re: Resignation

Dear Board,

Effective immediately and upon acceptance by the Board, I hereby resign my position as a Director of Imperial Petroleum, Inc. My resignation is being tendered to allow for the addition of Tim Jones as the Chief Financial Officer of the Company. I understand that I will retain my positions with the Company as President of Hoosier Biodiesel Company and President of Arrakis Oil Recovery, LLC and will continue with my duties with those subsidiaries.

I have had no disagreements with the Board or Management of the Company or with its independent accountants or auditors.

Thank you for the opportunity to serve the Company.

Sincerely,

/s/ Aaron M. Wilson

Aaron M. Wilson