viking energy group merger
HOUSTON, TX / ACCESSWIRE / June 16, 2020 / Camber Energy, Inc. (NYSE American:CEI) ("Camber") and Viking Energy Group, Inc. (VKIN) ("Viking") are pleased to announce that on June 4, 2020, Camber filed with the Securities and Exchange Commission (SEC), a Registration Statement on Form S-4, including a preliminary joint proxy statement relating to the planned merger between Viking and Camber. It owns and invests in oil and gas assets located in North America . Stacy has an extensive history with global organizations associated with commercial vehicle, new entrant OEM (EV), warehouse & fulfillment systems, industrial, consumer, e-commerce, energy . HOUSTON, TX / ACCESSWIRE / June 16, 2020 / Camber Energy, Inc. (NYSE American:CEI . Based in Houston, Texas, Camber Energy (NYSE American: CEI) is a growth-oriented energy company. 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.Viking.com, or from Camber at its website, www.Camber.energy. 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 owns oil and gas leases in Texas, Louisiana, Mississippi and Kansas. . 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. 2 Key Raw Materials Suppliers and Price Analysis 8.3 Manufacturing Cost Structure Analysis 8.3.1 Labor Cost Analysis 8.3.2 Energy Costs . Camber Energy Signs Agreement to Acquire Oil Companies with ~ $55M in Annual Gross Revenues . Viking Extinguishes $18.9 Million in Debt . For more information, please visit the company's website at www.camber.energy. Viking, Camber and certain of their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from the respective stockholders of Viking and Camber in respect of the proposed merger under the rules of the SEC. October 31, 2022. 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. The company. . About Camber: 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. 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. 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. These symbols will be available throughout the site during your session. Advisory Group Services, Ltd. dba RHK Capital, of Westport, CT is advising Viking on the transaction. 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. James Doris, President & CEO of Viking, stated, "We remain committed to working diligently to complete steps necessary to close the merger, and firmly believe the combination of the two companies will be extremely beneficial to all stakeholders. The company. Viking Energy Group's mailing address is 15915 KATY FREEWAY SUITE 450, HOUSTON TX, 77094. 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. 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 . The company is engaged in the acquisition, exploration, development, and production of oil and natural gas properties. Camber Energy, Inc. and Viking Energy Group, Inc. Report Progress on Planned Merger. 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. 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. Announces Effectiveness of One-for-Fifty Reverse Stock Split . It sold much. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Day Range. 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 . Viking Energy (VKIN): Two-Pronged Approach to Marrying Value and Growth in Oil and Gas. 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. Sie knnen Ihre Einstellungen jederzeit ndern, indem Sie auf unseren Websites und Apps auf den Link Datenschutz-Dashboard klicken. Viking, Camber and certain of their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from the respective stockholders of Viking and Camber in respect of the proposed merger under the rules of the SEC. 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.Viking.com, or from Camber at its website, www.Camber.com. Important factors that may cause actual results and outcomes to differ materially from those contained in such forward-looking statements include, without limitation, the occurrence of any event, change or other circumstances that could give rise to the parties failing to complete the merger on the terms disclosed, if at all, the right of one or both of Viking or Camber to terminate the merger agreement and the result of such termination; the outcome of any legal proceedings that may be instituted against Viking, Camber or their respective directors; the ability to obtain regulatory approvals and other consents, and meet other closing conditions to the merger on a timely basis or at all, including the risk that regulatory approvals or other consents required for the merger are not obtained on a timely basis or at all, or which are obtained subject to conditions that are not anticipated or that could adversely affect the combined company or the expected benefits of the transaction; the ability to obtain approval by Viking stockholders and Camber stockholders on the expected schedule; required closing conditions which may not be able to be met and/or consents which may not be able to be obtained; difficulties and delays in integrating Viking's and Camber's businesses; prevailing economic, market, regulatory or business conditions, or changes in such conditions, negatively affecting the parties, including, but not limited to, as a result of the recent volatility in oil and gas prices and the status of the economy (both US and global) due to the Covid-19 pandemic and actions taken to slow the spread of Covid-19; risks that the transaction disrupts Viking's or Camber's current plans and operations; failing to fully realize anticipated cost savings and other anticipated benefits of the merger when expected or at all; potential adverse reactions or changes to business relationships resulting from the announcement or completion of the merger; the ability of Camber to obtain the approval of its Series C Preferred Stock holder to close the Merger; the ability of Viking or Camber to retain and hire key personnel; the diversion of management's attention from ongoing business operations; uncertainty as to the long-term value of the common stock of the combined company following the merger; the continued availability of capital and financing prior to, and following, the merger; the business, economic and political conditions in the markets in which Viking and Camber operate; and the fact that Viking's and Camber's reported earnings and financial position may be adversely affected by tax and other factors. Camber has effected a letter of intent with Houston-based Viking Energy Group Inc. (OTCQB: VKIN) to discuss a deal that . 2020-10-09 00:00:00. 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. IPR Energy Group is proudly taking part at EGYPS - Egypt Petroleum Show 2023, the most important . This Purchase and Sale Agreement (this "Agreement") is entered into effective June 7, 2022 by and between TLW Investments, L.L.C. Camber Energy, Inc. About Camber: Somehow, Viking Energy still seems to be willing to go through with its reverse triangular merger with Camber Energy. Viking targets undervalued assets with realistic appreciation potential. 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 . 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. This button displays the currently selected search type. HOUSTON, TX / ACCESSWIRE / February 18, 2021 / Viking Energy Group, Inc. (OTCQB:VKIN) ("Viking") and Camber Energy, Inc. (NYSE American:CEI) ("Camber") are pleased to announce that the parties have entered into a definitive Agreement and Plan of Merger ("Merger Agreement") dated as of February 15, 2021, regarding the full combination of the two entities (the "Merger"). 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. Viking targets undervalued assets with realistic appreciation potential. Viking Energy Group Inc Stock - VKIN Share Price Today, News and Discussion 0.48% QQQ 18.68% 2.54% 132.48% LAZR 1.11% SPCE RETA 1.69% CPNG 0.42% FSLR 3.84% IOVA 4.52% More Advertisement 3rd Party Ad. As mentioned, Camber owns a 62% stake in Viking, and the two companies have agreed to merge. Based in Houston, Texas, Camber Energy (NYSE American: CEI) is a growth-oriented energy company. 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," 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," or, alternatively, by directing a request by telephone or mail to Camber Energy, Inc. at 15915 Katy Freeway, Suite 450, Houston, Texas, 77094, (210) 998-4035. This was announced on Feb. 18 , but since then there has been no update on . Viking Energy Group, Inc. (OTCMKTS: VKIN) Helps Industry Reduce Carbon Footprint. The company owns oil and gas leases in Texas, Louisiana, Mississippi and Kansas. VKIN Viking Energy Group Inc 2,435 $0.3326 $0.0064 (1.89%) Today $0.00 0.00 (0.00%) Separately, the parties entered into a second amendment to the merger agreement to extend the required closing date thereof from June 30, 2020 to September 30, 2020 (subject to further extensions through December 31, 2020, as per the original terms of the merger agreement), however the parties are hoping to close the merger before then if possible. 8-K: Current Report. Pursuant to the merger agreement, Viking will be acquired through a reverse triangle merger structure where Camber will issue newly-issued shares of common stock in exchange for the balance of Viking's common stock on a one-to-one basis. Shares of TSE:BTE opened at C$5.64 on Wednesday. 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. Information about Camber's directors and executive officers is available in Camber's Annual Report on Form 10-K for the year ended March 31, 2019 and its definitive proxy statement for its 2020 annual meeting of shareholders. 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. 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. Sign up Today You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. 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.vikingenergygroup.com. The company. 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. 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. As disclosed previously, the planned merger contemplates Camber issuing newly-issued shares of common stock to the equity holders of Viking 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 will merge with and into Viking, with Viking continuing as the surviving corporation and as a wholly-owned subsidiary of Camber after the Merger. Camber plans to increase its authorized number of shares to complete the issuance of shares in the Merger set forth above. 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. The company is engaged in the acquisition, exploration, development, and production of oil and natural gas. Currency in USD Follow 0.3298 +0.0086 (+2.68%) At close: 03:58PM EST Time Period: Mar 02, 2022 - Mar 02, 2023 Show:. The registration statement includes 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. Viking targets. 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. You may obtain free copies of these documents from Viking or Camber using the sources indicated above. Don't miss a thing! The SEC has advised Camber that they are reviewing the Form S-4, and Camber anticipates comments thereon within the next few weeks in accordance with the customary SEC review process. The latest news released by Viking Energy Group, Inc. (VKIN) Viking Energy Group, Inc. (VKIN) News . INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE REGISTRATION STATEMENT ON FORM S-4 AND THE RELATED JOINT PROXY STATEMENT/PROSPECTUS INCLUDED WITHIN THE REGISTRATION STATEMENT ON FORM S-4, 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. 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. Shares of TSE BTE opened at C$5.64 on Wednesday. Information about Viking's directors and executive officers is available in Viking's Annual Report on Form 10-K for the year ended December 31, 2019. 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. entered into a definitive agreement to acquire Camber Energy, Inc. in a reverse merger transaction on February 3, 2020. View source version on accesswire.com: https://www.accesswire.com/594011/Camber-Energy-Inc-and-Viking-Energy-Group-Inc-Report-Progress-on-Planned-Merger, 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. You may obtain free copies of these documents from Viking or Camber using the sources indicated above. 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 targets undervalued assets with realistic appreciation potential. The company owns oil and gas leases in Texas, Louisiana, Mississippi and Kansas. The company owns oil and gas leases in Texas, Louisiana, Mississippi and Kansas. Investors should read the final joint proxy statement/prospectus carefully when it becomes available before making any voting or investment decisions. HOUSTON, TX, Jan. 24, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE - Viking Energy Group, Inc. (OTCQB: . 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 Energy Group, Inc. OTCQB: VKIN. The company owns oil and gas leases in Texas, Louisiana, Mississippi and Kansas. 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. 425: Merger Prospectus . His current and former clients traverse various industries including technology, manufacturing, transportation, construction, light industrial, professional services, automotive, and specialty retail. Information about Camber's directors and executive officers is available in Camber's Annual Report on Form 10-K for the year ended March 31, 2020 and other public reports, including its Current Report on Form 8-K filed on December 23, 2020. Viking Files New Patent Application. 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.Viking.com, or from Camber at its website, www.Camber.energy. Investors should read the joint proxy statement/prospectus carefully when it becomes available before making any voting or investment decisions. Viking, Camber, and certain of their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from the respective stockholders of Viking and Camber in respect of the proposed merger under the rules of the SEC.
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