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 [...]
Camber Energy Inc. based in Houston, Texas, announced today that it is has entered into and closed the transactions contemplated by a Preferred Stock Redemption Agreement. The redemption agreement, entered into with Lineal Star Holdings, LLC , Lineal Star's wholly-owned subsidiaries and the holders of the Company's Series E and F Preferred Stock, resulted in the redemption and cancellation of all of the Company's [...]
Camber Energy Inc. based in Houston, Texas, announced today that it is aware of the recent unusually high trading volume and increase in share price of its common stock since December 9, 2019 on the NYSE American. Camber confirms that although it is customarily involved in ongoing discussions with multiple parties regarding potential transactions, it is not currently aware of any material undisclosed information which is [...]
Camber Energy Inc. based in Houston, Texas, disclosed today that, its 1for50 reverse stock split, which the Company previously disclosed was approved by the Board of Directors on October 24, 2019, is effective as of 12:01 a.m. Central Standard Time today, and will be reflected in the marketplace as of the open of trading. The 1for50 reverse stock split, under applicable Nevada law Section 78.207), proportionally adjusted [...]
Camber Energy Inc. based in Houston, Texas, today announced that, its Board of Directors has approved a 1-for-50 reverse stock split of the Company's authorized shares of common stock; and issued and outstanding shares of common stock. The reverse stock split will be effective as of the open of the market on October 29, 2019. As a result, the Company will not be increasing its authorized but unissued shares of common [...]