Camber Energy, Inc. (NYSEMKT:CEI) Files An 8-K Other Events
Item 8.01 – Other Events
On January 25, 2017, the Company issued a press release to
provide an operational update on its recently acquired assets in
Oklahoma. A copy of the press release is furnished as Exhibit
99.1 hereto and is hereby incorporated by reference.
Item 9.01 – Financial Statements and Exhibits.
(d) Exhibits.
| 99.1 |
Press Release issued by Camber Energy, Inc. dated January 25, 2017 |
About Camber Energy, Inc. (NYSEMKT:CEI)
Camber Energy, Inc., formerly Lucas Energy, Inc., is an independent oil and natural gas company. The Company is engaged in the acquisition and development of crude oil and natural gas from various known productive geological formations, including the Austin Chalk and Eagle Ford formations, primarily in Gonzales, Wilson and Karnes Counties, south of the city of San Antonio, Texas. As of March 31, 2016, the Company had leasehold interests (working interests) in approximately 8,395 gross acres or 8,309 net acres. Its total net developed and undeveloped acreage as measured from the surface to the base of the Austin Chalk formation is approximately 8,310 net acres. In deeper formations, it had approximately 1,909 net acres in the Eagle Ford oil window. As of March 31, 2016, the Company had produced an average of approximately 61 net barrels of oil equivalent per day (Boepd) from 26 active well bores. Camber Energy, Inc. (NYSEMKT:CEI) Recent Trading Information
Camber Energy, Inc. (NYSEMKT:CEI) closed its last trading session down -0.003 at 0.838 with 488,989 shares trading hands.
