Lucas Energy, Inc. (NYSE MKT: LEI) (“Lucas”) today announced that it will change its name to Camber Energy, Inc., effective January 5, 2017, to more accurately reflect the Company’s strategic shift from its Austin Chalk and Eagleford roots to an expanding addition of shallow oil and gas reserves with longer-lived, lower-risk production profiles. The Company’s ticker symbol will be changed to “CEI” under which it will begin trading on the NYSE MKT exchange upon the morning of the same date, January 5, 2017.
About Camber Energy, Inc.
Based in Houston, Texas, 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 post Lucas Energy, Inc. Announces Name Change To Camber Energy, Inc. And Commencement Of Trading Under Symbol “CEI” appeared first on LandLine News.