Reported results include $1.3 million of transaction-related one-time charges HOUSTON, Feb. 14, 2017 /PRNewswire/ -- Camber Energy Inc. (NYSE MKT: CEI) ("Camber" or the "Company"), an independent oil and gas company with its operations in Texas and Oklahoma, today announced its fiscal 2017 third quarter results for the period ending December 31, 2016. "The fiscal third quarter 2017 was the first full quarter having [...]
3,630 net mineral acres targeting the horizontal San Andres HOUSTON, Feb. 7, 2017 /PRNewswire/ -- Camber Energy, Inc. (NYSE MKT: CEI) ("Camber Energy" or the "Company"), an independent oil and gas company with operations in Texas and Oklahoma, announced today that it has completed the previously-announced acquisition of a leasehold position in the Permian Basin in Texas. In December 2016, Camber Energy formed an area of [...]
HOUSTON, Jan. 25, 2017 /PRNewswire/ -- Camber Energy Inc. (NYSE MKT: CEI) ("Camber" or the "Company"), an independent oil and gas company with operations in Oklahoma and Texas, today updated its operational activity in its recently acquired assets in Oklahoma. In December 2016, the Company completed a 60-day well maintenance and upgrade program on its wells in Oklahoma, which included the replacement of down-hole pumps [...]
Lucas Energy today announced that it will change its name to Camber Energy, Inc., effective January 5, 2017, to more accurately reflect the Company's strategic shift from its Austin Chalk and Eagleford roots to an expanding addition of shallow oil and gas reserves with longer-lived, lower-risk production profiles. The Company's ticker symbol will be changed to "CEI" under which it will begin trading on the NYSE MKT [...]
Targeting San Andres horizontal drilling opportunities in the Central Basin Platform HOUSTON, Jan. 3, 2017 /PRNewswire/ -- Lucas Energy Inc. (NYSE MKT: LEI) ("Lucas Energy" or the "Company"), an independent oil and gas company with operations in Texas and Oklahoma, announced today that it has entered into a Lease Acquisition and Participation Agreement with a privately-held, Houston, Texas-based oil and gas holding [...]
HOUSTON, Nov. 21, 2016 /PRNewswire/ -- Lucas Energy Inc. (NYSE MKT: LEI) ("Lucas" or the "Company"), an independent oil and gas company with its operations in Texas and Oklahoma, today announced that, on November 17, 2016, it has received gross proceeds of $4.5 million for the second tranche of the sale and issuance of the convertible shares and entered into a third amendment to its stock purchase agreement with an [...]
Adjusted for Special Items, Q2 FY17 net loss improved by 38% vs Q2 FY16 HOUSTON, Nov. 14, 2016 /PRNewswire/ -- Lucas Energy Inc. (NYSE MKT: LEI) ("Lucas" or the "Company"), an independent oil and gas company with its operations in Texas and Oklahoma, today announced its fiscal 2017 second quarter results for the period ending September 30, 2016. "The fiscal 2017 second quarter was transformational for Lucas Energy with [...]
HOUSTON, Oct. 20, 2016 /PRNewswire/ -- Lucas Energy Inc. (NYSE MKT: LEI) ("Lucas" or the "Company"),an independent oil and gas company with operations in Oklahoma and Texas, today updated its operational activity in the Eagle Ford shale and development activity in Oklahoma. Specifically, in south Gonzales County, Texas, in the Eagle Ford shale, the Company participated in the Cyclone #9H well that tested 598 barrels of [...]
Promotes Pinkston to Principal Financial Officer, Treasurer and Secretary HOUSTON, Oct. 6, 2016 /PRNewswire/ -- Lucas Energy Inc. (NYSE MKT: LEI) ("Lucas" or the "Company"), an independent oil and gas company with its operations in Oklahoma and Texas, today announced that on October 4, 2016, the NYSE MKT LLC (the "Exchange") granted and accepted the Company's compliance plan (the "Plan") dated August 21, 2016. The [...]
HOUSTON, Aug. 31, 2016 /PRNewswire/ -- Lucas Energy Inc. (NYSE MKT: LEI) ("Lucas" or the "Company"), an independent oil and gas company, announced that, effective August 25, 2016, it closed the acquisition of working interests in producing properties and undeveloped acreage in Texas and Oklahoma, including varied interests in two contiguous acreage blocks in the liquids-rich Mid-Continent region of the U.S., from Segundo [...]
HOUSTON, Aug. 25, 2016 /PRNewswire/ -- Lucas Energy Inc. (NYSE MKT: LEI) ("Lucas" or the "Company"), an independent oil and gas company with its operations in central Texas, today announced that its wholly-owned subsidiary, CATI Operating, LLC ("CATI"), entered into an agreement with its senior lender, as evidenced by a promissory note, to borrow $1 million, effective August 15, 2016. The Company plans to use the funds [...]
HOUSTON, Aug. 23, 2016 /PRNewswire/ -- Lucas Energy Inc. (NYSE MKT: LEI) ("Lucas" or the "Company"), an independent oil and gas company with its operations in central Texas announced that at a separate special stockholder meeting today its shareholders voted to approve the Asset Purchase Agreement to acquire the working interests in certain oil and gas properties from Segundo Resources and various sellers. Also approved [...]