Positions Viking for Potential Acquisition & Exclusive License Arrangement Camber Energy Inc. is pleased to announce the completion of another deal with its majority-owned subsidiary, Viking Energy Group, Inc. , pursuant to which Camber purchased $11 million worth of common stock of Viking. The proceeds from the transaction are to be used by Viking to facilitate the potential acquisition of an approximate 60.5% interest [...]
In Separate Transaction Camber Extends Maturity Date of P. Notes & Adds Fixed Conversion Feature Camber Energy Inc. is pleased to announce it closed a $15,000,000 equity transaction from an Institutional Investor. The Company plans to use the funds for working capital, new acquisitions , and other purposes. In a separate transaction, the Company extended the maturity date of existing promissory notes from December 11 [...]
Subsidiary's Revenues were $10.49 Million for the Quarter Camber Energy Inc. is pleased to report that its majority-owned subsidiary, Viking Energy Group, Inc. , an independent exploration and production company focused on the acquisition and development of oil and natural gas properties in the onshore Gulf Coast and Mid-Continent regions, announced on May 24, 2021 Viking's financial results for the quarter ended March [...]
Camber Energy Inc. , an independent oil and gas company, announced that on May 21, 2021, it was notified by the NYSE American that the Company was not in compliance with the Exchange's continued listing standards as set forth in set forth in Section 1007 of the NYSE American Company Guide given the Company failed to timely file its Form 10-K for the 9-month period ended December 31, 2020 . The delinquency will be cured [...]
HOUSTON, TX -/ ACCESSWIRE / April 14, 2021 / Camber Energy Inc. . Further to Camber's Current Report on Form 8-K filed on February 8, 2021 with the Securities and Exchange Commission, and available under "Investors" at www.camber.energy, Camber is pleased to announce the change in the Company's fiscal year from March 31 of each year to December 31 of each year. The Company is obligated to file a transition report on Form [...]
Subsidiary's Revenues were $40.27 Million, Up 16.4% Year-Over-Year Camber Energy Inc. is pleased to report that its majority-owned subsidiary, Viking Energy Group, Inc. , an independent exploration and production company focused on the acquisition and development of oil and natural gas properties in the onshore Gulf Coast and Mid-Continent regions, announced on March 25, 2020 Viking's financial results for the year ended [...]
Camber to Increase its Interest in Viking to 100% Camber Energy Inc. and Viking Energy Group, Inc. are pleased to announce that the parties have entered into a definitive Agreement and Plan of Merger dated as of February 15, 2021, regarding the full combination of the two entities . Camber already owns approximately 62% of Viking's issued and outstanding common shares, and the Merger Agreement contemplates, through a [...]
Robert K. Green Joins Camber Energy's Board of Directors Camber Energy Inc. is pleased to announce that Robert K. Green has joined Camber's Board of Directors. Mr. Green's appointment was effective December 23, 2020, i.e., the day Camber acquired a majority interest in Viking Energy Group, Inc. As a former Fortune 100 chief executive officer in the energy, telecommunication and utility industries, Mr. Green has extensive [...]
$39 Million in Transactions Closed Since Dec. 23/20 Camber Energy Inc. is pleased to announce the completion of another deal with its majority-owned subsidiary, Viking Energy Group, Inc. , pursuant to which Camber purchased $18.9 million worth of common stock of Viking. In exchange for the shares of Viking, Camber agreed to issue 1,890 restricted shares of Camber's Series C Redeemable Convertible Preferred Stock to a [...]
Closes $39 Million in Equity Transactions Since Dec. 23/20 Viking Energy Group, Inc. is pleased to announce the completion of another deal with Camber Energy Inc. , its majority shareholder, pursuant to which Camber purchased $18.9 million worth of common stock of Viking. In exchange for the shares of Viking, Camber agreed to issue 1,890 restricted shares of Camber's Series C Redeemable Convertible Preferred Stock to a [...]
Camber Energy Inc. Dear Shareholders, I am honored and excited to be writing to you as Camber Energy Inc.'s new President & CEO. I would like to thank everyone that made possible the recent transaction between Camber and Viking Energy Group, Inc. . Camber acquiring 51% of Viking was the first step of a broader plan to fully combine the two entities and leverage their existing asset- base and transactional acumen. In the [...]
James Doris & Robert Green Join Board of Directors James Doris is New President & CEO Camber Energy Inc. today announced that Camber and Viking Energy Group, Inc. entered into definitive agreements pursuant to which Camber acquired, effective December 23, 2020, 51% of the issued and outstanding common stock of Viking for $20.1 million. The purchase price was payable through the cancelation of $9.2 million of existing debt [...]