In connection with the proposed merger, Camber will file with the SEC a registration statement on Form S-4 to register the shares of Camber's common stock to be issued in connection with the merger. The latest news released by Viking Energy Group, Inc. (VKIN) Viking Energy Group, Inc. (VKIN) News . The timing of the filing is consistent with the projected timetable set out in the joint press release issued by the companies on June 1, 2020 (https://finance.yahoo.com/news/camber-energy-inc-viking-energy-123000227.html) regarding previously planned next steps in the merger process. Viking Energy Group, Inc. engages in the acquisition, exploration, development, and production of oil and natural gas properties. Investors and security holders may obtain copies of these documents free of charge through the website maintained by the SEC at www.sec.gov or from Viking at its website, www.vikingenergygroup.com, or from Camber at its website, www.camber.energy. Words such as "strategy," "expects," "continues," "plans," "anticipates," "believes," "would," "will," "estimates," "intends," "projects," "goals," "targets" and other words of similar meaning are intended to identify forward-looking statements but are not the exclusive means of identifying these statements. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE FINAL REGISTRATION STATEMENT ON FORM S-4 AND THE RELATED JOINT PROXY STATEMENT/PROSPECTUS INCLUDED WITHIN THE REGISTRATION STATEMENT ON FORM S4, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS AND ANY OTHER RELEVANT DOCUMENTS FILED OR TO BE FILED WITH THE SEC IN CONNECTION WITH THE PROPOSED MERGER, WHEN THEY BECOME AVAILABLE, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT VIKING, CAMBER AND THE PROPOSED MERGER. PURCHASE AND SALE AGREEMENT . Viking Energy Announces Reverse Stock Split. Viking is an independent exploration and production company focused on the acquisition and development of oil and natural gas properties in the Gulf Coast and Mid-Continent region. 425: Merger Prospectus . ", Louis G. Schott, Interim CEO of Camber, stated, "Camber is working with its auditors on finalizing the company's Annual Report for the fiscal year ended March 31, 2020, which we plan to file in the next week or so, prior to the SEC's required filing deadline, and we look forward to closing the merger by the end of the Summer after addressing SEC comments on the Form S-4, which are standard in transactions such as the merger.". Details regarding the planned merger, along with copies of the definitive Agreement and Plan of Merger and First Amendment to the Agreement and Plan of Merger signed by the parties on February 3, 2020 and May 27, 2020, respectively, were included in Viking's and Camber's Current Reports on Form 8-K filed with the Securities and Exchange Commission on February 5, 2020 and June 1, 2020, respectively, and are available under "Investors" - "SEC filings" at www.vikingenergygroup.com and www.camber.energy. HOUSTON, TX, Jan. 24, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE Viking Energy Group, Inc. (OTCQB: VKIN) (Viking) and Camber Energy, Inc. (NYSE American: CEI) (Camber) are pleased to announce that theyhave entered into a non-binding letter of intent (LOI) dated January 23, 2020, regarding a proposed merger of Viking with Camber. https://finance.yahoo.com/news/camber-energy-inc-viking-energy-123000227.html, https://www.accesswire.com/594011/Camber-Energy-Inc-and-Viking-Energy-Group-Inc-Report-Progress-on-Planned-Merger, Do Not Sell My Personal Information (CA Residents Only). Certain of the matters discussed in this communication which are not statements of historical fact constitute forward-looking statements that involve a number of risks and uncertainties and are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Other important factors that may cause actual results and outcomes to differ materially from those contained in the forward-looking statements included in this communication are described in Vikings and Cambers publicly filed reports, including Vikings Annual Report on Form 10-K for the year ended December31, 2018, and Cambers Annual Report on Form 10-K for the year ended March 31, 2019. Completion of the Merger is subject to a number of conditions, as set out in the LOI, including but not limited to the following: (i) execution of the Definitive Agreement; (ii) Vikings subsidiary, Elysium Energy, LLC, closing the acquisition disclosed in the Current Reports on Form 8-K filed by Viking on October 11, 2019, and December 23, 2019, respectively (the New Acquisition); and (iii) receipt of all required regulatory, corporate and third party approvals, including the approval of the stockholders of each of Viking and Camber, and the fulfillment of all applicable regulatory requirements and conditions necessary to complete the Merger. Viking has demonstrated an ability to transact and execute, in particular in a challenging environment. The registration statement will include a preliminary joint proxy statement/prospectus which, when finalized, will be sent to the respective stockholders of Viking and Camber seeking their approval of their respective transaction-related proposals. Details regarding the Merger, along with a copy of the Merger Agreement, were included in Viking's and Camber's Current Reports on Form 8-K filed on February 5, 2020, with the Securities and . Through its majority-owned subsidiary, Viking Energy Group, Inc., Camber owns interests in oil and natural gas assets in the Gulf Coast and Mid-Continent regions. Additional Information and Where to Find It. Words such as "strategy," "expects," "continues," "plans," "anticipates," "believes," "would," "will," "estimates," "intends," "projects," "goals," "targets" and other words of similar meaning are intended to identify forward-looking statements but are not the exclusive means of identifying these statements. Viking Energy Group, Inc. OTCQB: VKIN. About Camber: This communication shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities, in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. *Estimate only. Completion of the Merger is subject to a number of conditions, including but not limited to receipt of all required regulatory, corporate and third-party approvals, including the approval of the stockholders of each of Viking and Camber and the fulfillment of all applicable regulatory requirements. All subsequent written and oral forward-looking statements attributable to Viking, Camber, or any person acting on behalf of either party are expressly qualified in their entirety by the cautionary statements referenced above. HOUSTON, TX / ACCESSWIRE / June 16, 2020 / Camber Energy, Inc. (NYSE American:CEI . The company owns oil and gas leases in Texas, Louisiana, Mississippi and Kansas. Viking Energy Group Inc is an independent exploration and production company. Viking is an independent exploration and production company focused on the acquisition and development of oil and natural gas properties in the Gulf Coast and Mid-Continent region. This communication shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities, in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. For more information, please visit the company's website at www.vikingenergygroup.com. Other important factors that may cause actual results and outcomes to differ materially from those contained in the forward-looking statements included in this communication are described in Viking's and Camber's publicly filed reports, including Viking's Annual Report on Form 10-K for the year ended December 31, 2019, and Viking's Quarterly Reports on Form 10-Q for the quarters ending March 31, 2020, June 30, 2020 and September 30, 2020, and Camber's Annual Report on Form 10-K for the year ended March 31, 2020, and Camber's Quarterly Reports on Form 10-Q for the quarters ending June 30, 2020 and September 30, 2020. NEW ORLEANS, Feb. 24, 2021 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. Viking targets undervalued assets with realistic appreciation potential. Klicken Sie auf Alle ablehnen, wenn Sie nicht mchten, dass wir und unsere Partner Cookies und personenbezogene Daten fr diese zustzlichen Zwecke verwenden. Viking is an independent exploration and production company focused on the acquisition and development of oil and natural gas properties in the Gulf Coast and Mid-Continent region. Viking Energy Group, Inc. (OTCPK:VKIN) entered into a letter of intent to acquire Camber Energy, Inc. (AMEX:CEI) in a reverse merger transaction on January 23, 2020. The proposed merger contemplates Camber issuing newly-issued shares of common stock, on a fully-diluted pro rata basis, to the equity holders of Viking having an 85% interest in the post-closing entity in exchange for 100% of the outstanding equity securities of Viking by means of a reverse triangular merger in which a newly formed wholly-owned subsidiary of Camber shall merge with and into Viking, with Viking continuing as the surviving corporation (the Merger) and wholly-owned subsidiary of Camber after the Merger. HOUSTON, TX / ACCESSWIRE / October 9, 2020 / Camber Energy, Inc. (NYSE American:CEI) ("Camber" or the "Company") today announced that Camber, together with Viking Energy Group, Inc. (OTCQB:VKIN) ("Viking"), who, as previously disclosed, are parties to the pending merger transaction, are currently working to finalize an amendment to Camber's Registration Statement on Form S-4, which Camber . In connection with the proposed merger, Camber will file with the SEC a registration statement on Form S-4 to register the shares of Cambers common stock to be issued in connection with the merger. Through its majority-owned subsidiary, Viking Energy Group, Inc., Camber owns interests in oil and natural gas assets in the Gulf Coast and Mid-Continent regions. Sign up Today Viking Energy Group - VKIN News Today $0.32 -0.01 (-3.08%) (As of 03/3/2023 12:00 AM ET) Compare Today's Range $0.30 $0.33 50-Day Range $0.29 $0.45 52-Week Range $0.25 $1.24 Volume 23,965 shs Average Volume 30,478 shs Market Capitalization $36.17 million P/E Ratio N/A Dividend Yield N/A Price Target N/A Profile Chart Competitors Earnings Viking and Camber caution that the foregoing list of important factors is not complete, and they do not undertake to update any forward-looking statements that either party may make except as required by applicable law. Viking targets undervalued assets with realistic appreciation potential. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended. Documents filed with the SEC by Viking will be available free of charge by accessing Vikings website at www.vikingenergygroup.com under the heading Investors, or, alternatively, by directing a request by telephone or mail to Viking Energy Group, Inc. at 15915 Katy Freeway, Suite 450, Houston, Texas, 77094, (281) 404-4387, and documents filed with the SEC by Camber will be available free of charge by accessing Cambers website at www.camber.energy under the heading Investors, or, alternatively, by directing a request by telephone or mail to Camber Energy, Inc. at 1415 Louisiana, Suite 3500, Houston, Texas, 77002, (210) 998-4035. Volume. Viking is an independent exploration and production company focused on the acquisition and development of oil and natural gas properties in the Gulf Coast and Mid-Continent region. The company. The amendment (i) modified and clarified the mechanisms pursuant to which Camber's and Viking's . Jan 31, 2023 9:40 AM EST. In 2020, Viking produced over 624,000 barrels of oil and 5.2 billion cubic feet of gas. Certain of the matters discussed in this communication which are not statements of historical fact constitute forward-looking statements that involve a number of risks and uncertainties and are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. If the New Acquisition closes successfully, and there is no guarantee in this regard, Vikings subsidiary, Elysium Energy, LLC, will acquire, directly or indirectly through its own wholly-owned subsidiaries, working interests and over-riding royalty interests in oil and gas properties in Texas (approximately 71 wells in 11 counties) and Louisiana (approximately 52 wells in 6 parishes), along with associated wells and equipment. Camber already owns approximately 62% of Viking's issued and outstanding common shares, and the Merger Agreement contemplates, through a reverse triangular merger structure, Camber issuing newly-issued shares of common stock in exchange for the balance of Viking's common stock on a one-for-one basis. Viking Energy (VKIN): Two-Pronged Approach to Marrying Value and Growth in Oil and Gas. The company owns oil and gas leases in Texas, Louisiana, Mississippi and Kansas. An updated, estimated timeline of the closing of the merger is disclosed below: Viking to file its Annual Report on Form 10-K for Viking's December 31, 2019 fiscal year-end, Viking to file Current Report on Form 8-K/A including financial statements related to its February 3, 2020 acquisition, Camber to file Registration Statement on Form S-4 with preliminary joint proxy statement with the Securities and Exchange Commission, Camber and Viking to receive Fairness Opinions regarding the planned Merger, Camber to file its Annual Report on Form 10-K for Camber's March 31, 2020 fiscal year end, Camber and Viking to receive Shareholder Approval, Camber to receive Stock Exchange Approval for the Merger. Documents filed with the SEC by Viking will be available free of charge by accessing Viking's website at www.vikingenergygroup.com under the heading "Investors" - "SEC Filings", or, alternatively, by directing a request by telephone or mail to Viking Energy Group, Inc. at 15915 Katy Freeway, Suite 450, Houston, Texas, 77094, (281) 404-4387, and documents filed with the SEC by Camber will be available free of charge by accessing Camber's website at www.camber.energy under the heading "Investors" - "SEC Filings", or, alternatively, by directing a request by telephone or mail to Camber Energy, Inc. at 1415 Louisiana, Suite 3500, Houston, Texas, 77002, (210) 998-4035. Based in Houston, Texas, Camber Energy (NYSE American: CEI) is a growth-oriented, independent oil and gas company engaged in the development of crude oil, natural gas and natural gas liquids in Texas. Currency in USD Follow 0.3298 +0.0086 (+2.68%) At close: 03:58PM EST Time Period: Mar 02, 2022 - Mar 02, 2023 Show:. Viking is an independent exploration and production company focused on the acquisition and development of oil and natural gas properties in the Gulf Coast and Mid-Continent region. Other information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the joint proxy statement/prospectus and other relevant materials to be filed with the SEC regarding the merger when they become available. If you own common stock in Viking Energy Group, Inc. and wish to obtain additional information and protect your investments free of charge, please visit our website or contact Juan E. Monteverde . His current and former clients traverse various industries including technology, manufacturing, transportation, construction, light industrial, professional services, automotive, and specialty retail. Market-leading rankings and editorial commentary - see the top law firms & lawyers for International tax in United States James Doris, President & CEO of Viking, stated, Our company is excited about the proposed merger. The company owns oil and gas leases in Texas, Louisiana, Mississippi and Kansas. See disclosure here. Viking targets undervalued assets with realistic appreciation potential. Viking targets undervalued assets with realistic appreciation potential. Sign up for Email Alerts. Camber to Increase its Interest in Viking to 100%. IPR Energy Group is proudly taking part at EGYPS - Egypt Petroleum Show 2023, the most important . 2023, Nasdaq, Inc. All Rights Reserved. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. Viking is an independent exploration and production company focused on the acquisition and development of oil and natural gas properties in the Gulf Coast and Mid-Continent region. Camber Energy, Inc. Certain of the matters discussed in this communication which are not statements of historical fact constitute forward-looking statements that involve a number of risks and uncertainties and are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Its properties are located in Miami and Franklin Counties in eastern Kansas, Missouri, Texas, Louisiana, Mississippi, and Alberta. For more information, please visit the company's website at www.camber.energy. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended. James Doris, President & CEO of the two companies, commented, "We are very pleased with the transactions that have been completed between Camber and Viking in the last 60 days, and are excited about this final step to fully combine the two entities, which we believe will put the organization in an even better position to increase stakeholder value.". You may obtain free copies of these documents from Viking or Camber using the sources indicated above. If the closing of the Merger occurs (the Closing), the Viking equity holders prior to the Merger shall own approximately 85% of Cambers issued and outstanding common stock immediately after the Merger, and the Camber equity holders prior to the Merger shall own approximately 15% of Cambers issued and outstanding common stock immediately after the Merger, in each case on a fully-diluted, as-converted basis as of immediately prior to the Closing (including options, warrants and other rights to acquire equity securities of Viking or Camber). The registration statement will include a preliminary joint proxy statement/prospectus, which, when finalized, will be sent to the respective stockholders of Viking and Camber seeking their approval of their respective transaction-related proposals. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section10 of the Securities Act of 1933, as amended. Viking Energy Group, Inc. is incorporated in the state of Nevada. In the most recent vlog, Doris. ", Louis G. Schott, Interim CEO of Camber, stated, "Camber is working with its auditors on finalizing the company's Annual Report for the fiscal year ended March 31, 2020, which we plan to file in the next week or so, prior to the SEC's required filing deadline, and we look forward to closing the merger by the end of the Summer after addressing SEC comments on the Form S-4, which are standard in transactions such as the merger.".