$Camber Energy (CEI.US)$ The company also stated, “Its only ...
$Camber Energy (CEI.US)$
The company also stated, “Its only real asset is 73% of the shares in Viking Energy, an OTC company with negative book value and a warning of continued concern, recently breaching the highest leverage contract for one of its loans.” Camber Energy is an independent oil and gas company engaged in the acquisition, development, and sale of crude oil, natural gas, and natural gas liquids (NGL) at Crane Shale and Upper Wolfbury Shale in Glascock County, Texas. At the time of publication on Tuesday, Camber Energy's stock price fell about 52% to $1.48 per share. The stock had a 52-week high of $4.85 and a 52-week low of $0.33.
The company also stated, “Its only real asset is 73% of the shares in Viking Energy, an OTC company with negative book value and a warning of continued concern, recently breaching the highest leverage contract for one of its loans.” Camber Energy is an independent oil and gas company engaged in the acquisition, development, and sale of crude oil, natural gas, and natural gas liquids (NGL) at Crane Shale and Upper Wolfbury Shale in Glascock County, Texas. At the time of publication on Tuesday, Camber Energy's stock price fell about 52% to $1.48 per share. The stock had a 52-week high of $4.85 and a 52-week low of $0.33.
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