CEI - Mergers and acquisitions

A Significant Step in the Company's Diversification StrategyHOUSTON, TX / ACCESSWIRE / August 9, 2021 / Camber Energy, Inc. (NYSE:CEI) ("Camber" or the "Company") is pleased to announce the acquisition, through its majority-owned subsidiary, of a majority interest (⁓ 60.5%) in Simson-Maxwell Ltd. ('Simson-Maxwell'). Other shareholders include Simmax Corp., an existing shareholder of Simson-Maxwell for ⁓ 20 years, and Remora EQ LP, another strategic stakeholder.Simson-Maxwell is a leading manufacturer and supplier of industrial engines, power generation products, services and custom energy solutions. The company integrates innovative technology with superior products to contribute to global e

Robert K. Green Joins Camber Energy's Board of Directors HOUSTON, TX / ACCESSWIRE / February 2, 2021 / Camber Energy, Inc. (NYSE American:CEI) ("Camber" or the "Company") 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. (https://ir.camber.energy/press-releases/detail/661/camber-energy-inc-acquires-51-of-viking-energy-group) As a former Fortune 100 chief executive officer in the energy, telecommunication and utility industries, Mr. Green has extensive experience in capital markets, mergers and acquisitions, and regulatory

HOUSTON, TX / ACCESSWIRE / December 29, 2020 / Camber Energy, Inc. (NYSE American:CEI) Dear Shareholders, I am honored and excited to be writing to you as Camber Energy Inc.'s ("Camber") new President & CEO. I would like to thank everyone that made possible the recent transaction ((https://www.accesswire.com/622228/Camber-Energy-Inc-Acquires-51-of-Viking-Energy-Group-Inc) between Camber and Viking Energy Group, Inc. ("Viking"). 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 interim Camber can and will immediately pursue additional value-added opportunities. Abo

James Doris & Robert Green Join Board of Directors James Doris is New President & CEO HOUSTON, TX / ACCESSWIRE / December 24, 2020 / Camber Energy, Inc. (NYSE:CEI) ("Camber" or the "Company") today announced that Camber and Viking Energy Group, Inc. (OTCQB:VKIN) ("Viking") 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 owed by Viking to Camber, and payment of $10.9 million in cash. Funds to facilitate the cash payment were provided to Camber via loan from its existing preferred