HOUSTON, TX / ACCESSWIRE / June 16, 2020 / Camber Energy, Inc. (NYSE American:CEI) ("Camber") and Viking Energy Group, Inc. (OTCQB: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. 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 you are concerned about your investment in Viking Energy Group Inc., The White Law Group may be able to help. Sign up for Email Alerts. 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 . There is no guarantee items will be completed by such date, or at all. 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. 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 never entering into a definitive merger agreement, the right of one or both of Viking or Camber to terminate the merger agreement even if entered into; the outcome of any legal proceedings that may be instituted against Viking, Camber or their respective directors; the ability to obtain regulatory approvals and meet other closing conditions to the merger on a timely basis or at all, including the risk that regulatory approvals required for the merger are not obtained on a timely basis or at all, or 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; difficulties and delays in integrating Vikings and Cambers businesses; prevailing economic, market, regulatory or business conditions, or changes in such conditions, negatively affecting the parties; risks that the transaction disrupts Vikings or Cambers 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 redeem or otherwise extinguish all of its existing Series C Preferred Stock, or come to an understanding/agreement with its Series C Preferred Stock holder to fix the number of shares of common stock issued or issuable to such Series C Preferred Stock holder; the ability of Viking or Camber to retain and hire key personnel; the diversion of managements 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 following the merger; the business, economic and political conditions in the markets in which Viking and Camber operate; and the fact that Vikings and Cambers reported earnings and financial position may be adversely affected by tax and other factors. Shares of TSE BTE opened at C$5.64 on Wednesday. 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. 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. For example, if a Viking shareholder owns 100 shares of common stock of Viking immediately prior to closing of the Merger, the shareholder would receive 100 shares of common stock of Camber on closing of the Merger. Baytex Energy has a 1 year low of C$5.11 and a 1 year high of C$9.16. 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. April 11, 2019. The latest news released by Viking Energy Group, Inc. (VKIN) Viking Energy Group, Inc. (VKIN) News . Through one of its subsidiaries, Ichor Energy, LLC, Viking owns a working interest in approximately 58 conventional, producing oil and gas wells in Texas and Louisiana and an interest in more than 30 Salt Water Disposal Wells. Viking targets undervalued assets with realistic appreciation potential. 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 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. As mentioned, Camber owns a 62% stake in Viking, and the two companies have agreed to merge. Viking targets undervalued assets with realistic appreciation potential. 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. All Rights Reserved. Please call the offices at 888-637-5510 for a free consultation with a securities attorney. March 14, 2019 Methodical Foundation Building Positions Viking Energy to Meet 1,000 BPD Oil Target . His current and former clients traverse various industries including technology, manufacturing, transportation, construction, light industrial, professional services, automotive, and specialty retail. The company is engaged in the acquisition, exploration, development, and production of oil and natural gas properties. Additional Information and Where to Find It. 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 has demonstrated an ability to transact and execute, in particular in a challenging environment. Viking Energy Group, Inc. (the" Company," "we," "us" or "our") is an energy company, currently targeting opportunities in the following sectors: (i) Power Generation & Solutions; (ii) Clean Energy; and (iii) Natural Resources. Additional Information and Where to Find It. 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. 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. A copy of the Merger Agreement was included in Viking's and Camber's Current Reports on Form 8-K filed on February 18, 2021, with the Securities and Exchange Commission, and available under "Investors" at www.camber.energy and www.vikingenergygroup.com. 2020, regarding a proposed merger of Viking with Camber. HOUSTON, TX / ACCESSWIRE / February 18, 2021 / Camber Energy, Inc. (NYSE American:CEI) ("Camber") and Viking Energy Group, Inc. (OTCQB:VKIN) ("Viking") 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"). 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. About Camber: 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. ", 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.". For more information, please visit the company's website at www.camber.energy. 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. Subscribe to our newsletter. Sales manager B2B,Viking Line|Sales and Customer Service Specialist B2B&B2C 3w Report this post . Power Generation & Solutions: Camber Energy Signs Agreement to Acquire Oil Companies with ~ $55M in Annual Gross Revenues . Investors should read the joint proxy statement/prospectus carefully when it becomes available before making any voting or investment decisions. Viking Energy and Camber Energy Execute https://www.accesswire.com/630397/Viking-Energy-and-Camber-Energy-Execute-Definitive-Merger-Agreement. This was announced on Feb. 18 , but since then there has been no update on . Description. Based in Houston, Texas, Camber Energy (NYSE American: CEI) is a growth-oriented energy company. Delcon Group in Boydton, VA Expand search. For more information, please visit the company's website at www.camber.energy. 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. 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 owns oil and gas leases in Texas, Louisiana, Mississippi and Kansas. 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. August 29, 2022. 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. Jan 31, 2023 9:40 AM EST. 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. HOUSTON, TX / ACCESSWIRE / June 16, 2020 / Camber Energy, Inc. (NYSE American:CEI) ("Camber") and Viking Energy Group, Inc. (OTCQB: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. The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago . It owns and invests in oil and gas assets located in North America . 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. The merged company, Viking Investments Group, focused on developing startups in China. Camber to Increase its Interest in Viking to 100%. 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 . 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 Energy Group, Inc. (VKIN) Stock Forum & Discussion - Yahoo Finance Finance Home Watchlists My Portfolio Crypto Yahoo Finance Plus News Screeners Markets Videos Personal Finance Industries. 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 Energy Group, Inc. is a Registered United States Trademark. The company. 2020-10-09 00:00:00. 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. When expanded it provides a list of search options that will switch the search inputs to match . Viking Extinguishes $18.9 Million in Debt . Dec 16, 2022 . The company has a market capitalization of C$3.07 billion, a PE ratio of 2.98, a price-to-earnings-growth ratio of 0. . 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. Get the latest industry news delivered straight to your inbox, every Tuesday through Friday. 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 . CEO James Doris is communicating to shareholders the latest developments at the company and its majority-owned subsidiary Viking Energy Group Inc. VKIN . 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 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. Camber plans to increase its authorized number of shares to complete the issuance of shares in the Merger set forth above. A copy of the LOI was included in Vikings and Cambers Current Reports on Form 8-K filed on January 24, 2020, with the Securities and Exchange Commission, and available under "Investors" at www.vikingenergygroup.com and www.camber.energy. Viking targets undervalued assets with realistic appreciation potential. If the closing of the Merger occurs (the "Closing"), the Viking equity holders prior to the Merger will own approximately 80% of Camber's issued and outstanding common stock immediately after the Merger, and the Camber equity holders prior to the Merger shall own approximately 20% of Camber's issued and outstanding common stock immediately after the Merger, subject to adjustment mechanisms set out in the Merger Agreement, as amended, and 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), but without taking into account any shares of common stock issuable to the holder of Camber's Series C Preferred Stock upon conversion of the Series C Preferred Stock. 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. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. You may obtain free copies of these documents from Viking or Camber using the sources indicated above. Completion of the Merger is subject to a number of closing conditions, as set out in the Merger Agreement. Viking targets undervalued assets with realistic appreciation potential. 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. 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. 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). 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; debt of Viking and Camber and the dates such debts come due; 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. Completion of the Merger is subject to a number of closing conditions, as set out in the Merger Agreement. In 2020, Viking produced over 624,000 barrels of oil and 5.2 billion cubic feet of gas. The company. It sold much. Information about Cambers directors and executive officers is available in Cambers Annual Report on Form 10-K for the year ended March 31, 2019. Viking Energy Group, Inc. is incorporated in the state of Nevada. For more information, please visit the company's website at www.camber.energy. Press release content from Accesswire. 2023, Nasdaq, Inc. All Rights Reserved. Sie knnen Ihre Einstellungen jederzeit ndern, indem Sie auf unseren Websites und Apps auf den Link Datenschutz-Dashboard klicken. You may obtain free copies of these documents from Viking or Camber using the sources indicated above. 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. 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. Additional Information and Where to Find It. Viking targets. Viking Energy Announces Grant of U. S. Patent Covering Waste Treatment Technology. 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. VKIN Viking Energy Group Inc 2,435 $0.3326 $0.0064 (1.89%) Today $0.00 0.00 (0.00%) 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. In 2014, Simeo stepped down as CEO to serve as executive chairman. 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's mailing address is 15915 KATY FREEWAY SUITE 450, HOUSTON TX, 77094. Jimmy Span has been assisting business owners with the sale of their businesses since 2010 and joined Viking Mergers & Acquisitions in 2022. The company owns oil and gas leases in Texas, Louisiana, Mississippi and Kansas. 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. Announces Effectiveness of One-for-Fifty Reverse Stock Split . For more information, please visit the company's website at www.vikingenergygroup.com. Houston-based Camber Energy Inc. (NYSE American CEI) plans to close a vital merger with another Houston oil and gas company by Sept. 30.. Camber and Viking Energy Group Inc. have amended their . 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. This Purchase and Sale Agreement (this "Agreement") is entered into effective June 7, 2022 by and between TLW Investments, L.L.C. For more information, please visit the company's website at www.vikingenergygroup.com. Don't miss a thing! Investors should read the final joint proxy statement/prospectus carefully when it becomes available before making any voting or investment decisions. General Counsel and Business Leader Involved in 16 M&A transactions (total value $2.5B) Efficient problem solver Led teams up to 30 associates HOUSTON, TX, Jan. 24, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE - Viking Energy Group, Inc. (OTCQB: . 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. 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.