Camber Energy Inc. today announced that on June 22, 2020, it sold 630 shares of its Series C Redeemable Convertible Preferred Stock to an institutional investor in consideration for $6 million . The Company plans to use the funds raised to pay operating expenses and expenses in connection with the merger contemplated by that certain Agreement and Plan of Merger entered into between the Company and Viking Energy Group [...]
Camber Energy Inc. and Viking Energy Group, Inc. are pleased to announce that on June 4, 2020, Camber filed with the Securities and Exchange Commission , a Registration Statement on Form S-4, including a preliminary joint proxy statement relating to the planned merger between Viking and Camber. The SEC has advised Camber that they are reviewing the Form S-4, and Camber anticipates comments thereon within the next few [...]
Camber Energy Inc. and Viking Energy Group, Inc. today announced that they have entered into an amendment to the definitive Agreement and Plan of Merger signed by the parties on February 3, 2020 . Details regarding the Merger, along with a copy of the Merger Agreement, were included in Viking's and Camber's Current Reports on Form 8-K filed on February 5, 2020, with the Securities and Exchange Commission, and are [...]
Camber Energy Inc. today announced that the NYSE American has accepted the Company's plan of compliance for continued listing on the Exchange. As previously reported, on February 24, 2020, the Company received notice from the Exchange that the Company is not in compliance with the continued listing standard set forth in Section 1003 of the NYSE American Company Guide . In order to maintain its listing on the Exchange, the [...]
Camber Energy Inc. today announced notice of a change in location of its Special Meeting of Stockholders to be held on Thursday, April 16, 2020, at 10:00 a.m. . In light of the growing health impact of the coronavirus pandemic, the extensive federal and local restrictions on non-essential activities and travel, the restriction of public gatherings of 10 or more people in Texas, and out of concern for the health and [...]
Camber Energy Inc. and Viking Energy Group, Inc. are pleased to announce that both companies remain committed to completing Camber's planned acquisition of Viking pursuant to the definitive Agreement and Plan of Merger signed by the parties on February 3, 2020 . Details regarding the Merger, along with a copy of the Merger Agreement, were included in Viking's and Camber's Current Reports on Form 8-K filed on February 5 [...]
Camber Energy Inc. is pleased to announce that Elysium Energy, LLC , the sole member of Camber's 25% owned subsidiary, Elysium Energy Holdings, LLC , entered into a multi-year hedging arrangement in connection with Elysium's recent acquisition of oil & gas properties in Texas and Louisiana. Elysium, through its wholly-owned subsidiaries, holds working interests and over-riding royalty interests in oil and gas properties [...]
Camber Energy Inc. , an independent oil and gas company, announced that on February 24, 2020, it was notified by the NYSE American that the Company was not in compliance with certain of the Exchange's continued listing standards as set forth in Part 10 of the NYSE American Company Guide .Specifically, Camber is not in compliance with Section 1003 of the Company Guide in that it reported stockholders' equity of $3.1 [...]
Camber Energy Inc. and Viking Energy Group, Inc. are pleased to announce that Camber provided financing of $5 million toward the recent acquisition by Viking of additional oil and gas properties in Texas and Louisiana , and that the parties have entered into a definitive Agreement and Plan of Merger dated as of February 3, 2020, regarding Camber's proposed acquisition of Viking. A copy of the Merger Agreement was included [...]
Viking Energy Group, Inc. and Camber Energy Inc. are pleased to announce that they have entered into a non-binding letter of intent dated January 23, 2020, regarding a proposed merger of Viking with Camber. A copy of the LOI was included in Viking's and Camber's Current Reports on Form 8-K filed on January 24, 2020, with the Securities and Exchange Commission, and available under "Investors" at www.vikingenergygroup.com [...]
Camber Energy Inc. today announced that it had scheduled its 2020 Annual Meeting of Stockholders to be held on March 11, 2020 at 10:00 A.M. local time at 1415 Louisiana, Suite 3500, Houston, Texas 77002. The record date for determination of stockholders entitled to vote at the meeting, and any adjournment thereof, is planned to be set on or around the close of business on January 28, 2020 . More information regarding the [...]
Camber Energy Inc. , based in Houston, Texas, today announced that on January 2, 2020, it received a letter from the NYSE American advising the Company that it had regained compliance with all of the NYSE American LLC continued listing standards set forth in Part 10 of the NYSE American Company Guide . Specifically, effective on January 2, 2020, the Company resolved its previous continued listing deficiency with respect [...]