Handeln Camber Energy, Inc. - CEI CFD

Camber Energy, Inc., an independent oil and gas company, engages in the acquisition, development, and sale of crude oil, natural gas, and natural gas liquids (NGL) in Texas and Oklahoma. The company holds interests in approximately 13,000 net acres of producing fields located primarily in the Hunton formation in Lincoln, Logan and Payne, and Okfuskee Counties, in central Oklahoma; the Cline shale and upper Wolfberry shale in Glasscock County, Texas; and Panhandle situated in Hutchinson County, Texas. It also owns 3,000 leasehold acres in Okfuskee County, Oklahoma, which includes 8 producing wells and 3 salt water disposal wells; and owns 555 net leasehold acres in Hutchinson County, Texas, which includes 48 gross non-producing well bores and 5 salt water disposal wells. As of March 31, 2019, its total estimated proved reserves were 203,406 million barrels of oil equivalent comprising 124,520 barrels of crude oil, 44,100 barrels of NGL reserves and 208,710 million cubic feet of natural gas reserves. The company was formerly known as Lucas Energy Inc. and changed its name to Camber Energy, Inc. in January 2017. Camber Energy, Inc. was incorporated in 2003 and is headquartered in Houston, Texas.