CAMBER ENERGY
Camber Energy, Inc. (CEI)
An Established Platform for Growth
Camber Energy (formerly Lucas Energy) is a recently restructured, publicly-traded energy company, with a balanced asset base in Texas and Oklahoma, that is actively engaged in the exploitation, development, and production of crude oil, natural gas, and natural gas liquids. We are committed to building shareholder value through the accelerated growth of our oil and gas operations and the expansion of our asset portfolio. Our exceptional management team has successfully streamlined our day-to-day operations and managed cash flows while capitalizing on strategic opportunities.
Productive Assets in Texas and Oklahoma
We acquired over 13,000 net acres in the liquids-rich Hunton formation in Central Oklahoma, and 553 net acres in the Permian Basin of Texas pursuant to the Company’s transaction with Segundo Resources, et al., which closed in August of 2016. In January 2017, we established an initial leasehold position by acquiring 3,630 net acres in pursuit of the San Andres play on the Central Basin Platform region of the Permian Basin. This expands the Company’s exposure and its asset base in the Permian.