Next Step: Filing of Form S-4 with the SEC Camber Energy Inc. and Viking Energy Group, Inc. are pleased to announce that on April 18, 2023, they entered into an amendment to the Amended and Restated Agreement and Plan of Merger, dated as of February 15, 2021, regarding the full combination of the two entities . The Merger Agreement provides that, upon the terms and subject to the conditions set forth therein, Viking [...]
Camber Energy Inc. announced that on April 12, 2023 it received a letter from the NYSE American LLC advising the Company is not in compliance with the NYSE American continued listing standards set forth in Sections 1003, and of the NYSE American Company Guide given the reported stockholders' deficit as of December 31, 2022, and losses from continuing operations and/or net losses in its five most recent fiscal years then [...]
Camber Energy Inc. is pleased to announce that Institutional Shareholder Services Inc. has recommended that Camber shareholders vote "FOR" Proposal 1, as set forth in its Definitive Proxy Statement filed with the Securities and Exchange Commission on March 10, 2023 , in connection with its Special Meeting, which seeks to amend Camber's Articles of Incorporation to increase the number of authorized shares of common stock [...]
Camber Energy Inc. filed on March 17, 2023 with the Securities and Exchange Commission on Form 10-K, the Company's Annual Report for the year ended December 31, 2022 . Year End 2022 Highlights : Derivative Liability was $7.59 million for the year ended December 31, 2022, a 92 percent reduction when compared to 2021. Total liabilities were $51.82 million for the year ended December 31, 2022, a 56 percent reduction when [...]
Goldman Small Cap Research, a stock market research firm specializing in the small cap and microcap sectors, announced today that it has published a new research report on Camber Energy Inc. , a diversified energy and power solutions company that is in a pending merger with Viking Energy Group Inc. . The report carries a price target. To view the new research report, along with disclosures and disclaimers, or to download [...]
Camber now focused on previously announced Viking merger Camber Energy Inc. and Viking Energy Group, Inc. are pleased to announce that the Board of Directors of each company resolved on or about March 14, 2023, as a result of Camber addressing certain legacy accounting issues and extinguishing, through redemptions and conversions, approximately ninety-four percent of Camber's previously issued shares of Series C [...]
Camber Energy Inc. , is pleased to announce that on or about January 30, 2023, Camber entered into a 12-month full-service agreement with Shareholder Intelligence Services, LLC as part of its overall efforts to help identify and combat potential short selling of the Company's stock and protect the interests of its shareholders. ShareIntel gathers and analyzes shareholder trading data through its DRIL-DownTM process, a [...]
Camber Energy Inc.'s majority-owned subsidiary, Viking Energy Group, Inc. , announced today that Viking's majority-owned subsidiary, Viking Ozone Technology, LLC , received today U. S. Utility Patent No. 11,565,289 from the United States Patent & Trademark Office titled "Multi-Chamber Medical Waste Ozone-Based Treatment Systems and Methods". A related international application is pending, and selected countries will be [...]
Facility Designed to Produce ? 43,000,000 Gallons/yr. of Renewable Diesel Camber Energy Inc. is pleased to announce that on January 20, 2023 it entered into a Membership Interest Purchase Agreement to acquire a 100% interest in companies that own and are in the process of bringing into commercial operations a processing plant designed to produce renewable diesel . The estimated production capacity of the Plant once [...]
Camber Energy Inc. , is pleased to announce that on January 3, 2023 it received a letter from the NYSE American LLC advising that the deficiency set forth in the Exchange's notification letter to the Company on November 7, 2022 has now been resolved and the Company is back in compliance with the Exchange's continued listing standards set forth in Section 1003 of the NYSE American Company Guide. Additional details [...]
The stocks of companies involved in the development and distribution of renewable energy sources enjoy strong secular tailwinds. While oil prices were falling in 2020, green energy stocks were skyrocketing, reaching an all-time high in 2021 along with many other momentum stocks that had gotten ahead of themselves. Now, in the present day, oil is once again in high demand. Many renewable energy plays have dropped recently [...]
Camber Energy Inc. announced today that it entered into an agreement to acquire all of the issued and outstanding membership interests of certain privately-ownedcompanies which in turn own interests in certain oil and gas properties and related equipment and other tangible personal property, including working interests in approximately one hundred sixty nine proved producing oil wells barrels of oil per day ), one hundred [...]