---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-22-009529"
form_type: "8-K"
ticker: "CEIN"
cik: "0001309082"
company_name: "CAMBER ENERGY, INC."
filed_at: "2022-12-27T23:59:59+00:00"
generated_at: "2026-06-20T22:42:34.015916+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Camber Energy to acquire oil & gas assets for $69M; 169 producing wells (~2,000 bopd)

## Summary
- Purchase price $69M; up to 80% in cash, balance in Camber convertible preferred stock (face $10K/share, 10% dividend, convertible at VWAP).
- Assets include working interests in 169 proved producing wells (~2,000 bopd net) plus 174 proved non-producing wells and 12 PUD locations.
- Seller's internal estimates indicate total proved PV10 reserves of ~$185M as of Jan 1, 2023.
- Acquisition to be conducted through majority-owned subsidiary Viking Energy Group; closing target March 1, 2023.
- Closing conditions include board approval, capital increase, due diligence, and obtaining new loan for cash portion; no guarantee conditions met.

## SEC filing metadata
- accession: 0001477932-22-009529
- form_type: 8-K
- ticker: CEIN
- cik: 0001309082
- company_name: CAMBER ENERGY, INC.
- filed_at: 2022-12-27T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1309082/000147793222009529/0001477932-22-009529-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1309082/000147793222009529/cei_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-22-009529
- JSON: https://secwatch.observer/filing/0001477932-22-009529.json
- Plain text: https://secwatch.observer/filing/0001477932-22-009529.txt

## Key facts
- Material Agreements
  CAMBER ENERGY, INC. entered into Membership Interest Purchase Agreement with Seller valued at USD$69 million (effective 2022-12-26).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Seller
  - Value: USD$69 million
  - Effective: 2022-12-26
  source text: On December 26, 2022, Camber Energy, Inc. (“ Camber ” or the “ Company ”) entered into a Membership Interest Purchase Agreement (the “ PSA ”) with the sellers named therein (collectively, the “ Seller ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1309082/000147793222009529/0001477932-22-009529-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.