Camber Energy, Inc. (NYSEMKT:CEI) Files An 8-K Regulation FD Disclosure
Item7.01 of this Current Report on Form 8-K shall not be deemed
filed for purposes of Section 18 of the Securities Exchange Act
of 1934, as amended, nor shall it be deemed incorporated by
reference in any filing under the Securities Act of 1933, as
amended, except as expressly set forth by specific reference in
such a filing.
Item 7.01
Regulation FD Disclosure
Camber Energy, Inc. (the Company) has updated its investor
presentation, a copy of which is furnished as Exhibit 99.1 to
this Current Report on Form 8-K. A copy of the investor
presentation is also available on the Companys website as
www.camber.energy.
Item 8.01
Other Events
On February 7, 2017, the Company issued a press release
announcing the completion of its previously announced transaction
to acquire a leasehold position in the Permian Basin in Texas. A
copy of the press release is filed herewith as Exhibit 99.2.
Item 9.01
Financial Statements and Exhibits.
Exhibits
| *99.1 | Corporate presentation February 2017. |
| **99.2 |
Press release dated February 7, 2017 re completion of Permian Basin acquisition. |
* = Furnished herewith
**= Filed herewith.
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 -0.101 at 0.840 with 409,924 shares trading hands.
