HOUSTON, June 30, 2017 /PRNewswire/ — Camber Energy, Inc. (NYSE MKT: CEI) (“Camber Energy” or the “Company”), in independent oil and gas company, today announced that it is delaying the filing of its Annual Report on Form 10-K for the fiscal year ended March 31, 2017 with the Securities and Exchange Commission (SEC).
On June 30, 2017, Camber Energy filed a Notification of Late Filing on Form 12b-25 with the SEC regarding its delayed Form 10-K. The Company experienced delays in obtaining and compiling information required for inclusion in its year-end financial statements. The delay in the filing of the Annual Report, and supplemental oil and gas reserves report, could not be eliminated without unreasonable effort or expense. At this time, Camber expects that it will be able to file the Form 10-K within the 15-calendar day extension period provided by the Form 12b-25.
About Camber Energy, Inc.
Camber Energy (NYSE MKT: CEI) is a growth-oriented, independent oil and gas company engaged in the development of crude oil and natural gas in the Austin Chalk and Eagle Ford formations in south Texas, the Permian Basin in west Texas, and the Hunton formation in central Oklahoma. The Company changed its name from Lucas Energy, Inc. to Camber Energy, Inc. effective January 5, 2017, and on April 27, 2017, Camber announced that it would be relocating its corporate headquarters to San Antonio, Texas.