Billionaire Boys Club Member Forum (BBCMF)

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$CEI Camber Energy, Inc., an independent oil and natural gas company, engages in the acquisition, development, and sale of crude oil, natural gas, and natural gas liquids (NGL) in Texas and Oklahoma. The company holds interests in approximately 13,000 net acres of producing fields located primarily in the Hunton formation in Lincoln, Logan and Payne, and Okfuskee Counties, in central Oklahoma; the Cline shale and upper Wolfberry shale in Glasscock County, Texas; and Hutchinson County, Texas. As of March 31, 2018, its total estimated proved reserves were 2.92 million barrels of oil equivalent comprising 1,565,270 barrels of crude oil and NGL reserves and 8.15 billion cubic feet of natural gas reserves. The company was formerly known as Lucas Energy Inc. and changed its name to Camber Energy, Inc. in January 2017. Camber Energy, Inc. was incorporated in 2003 and is based in Houston, Texas.