4 Sept 2013material agreement● Neutral
Lucas Energy launched another registered stock offering, agreeing to sell 2.95 million shares at $1.17 each for about $3.45 million gross to fund drilling and working capital.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
4 Sept 2013securities registration● Neutral
CAMBER ENERGY, INC. filed the final prospectus for a registered offering.
14 Aug 2013quarterly activities report▼ Bad
CAMBER ENERGY, INC. reported a quarterly net loss of $945 thousand for the period ended 2013-06-30.
22 July 2013substantial holder notice● Neutral
MESON CAPITAL CONSTRUCTIVE PARTNERS L.P, MESON CAPITAL PARTNERS LP, MESON CAPITAL PARTNERS LLC, RYAN J. MORRIS, YOUNG CAPITAL PARTNERS, LP, YOUNG CAPITAL MANAGEMENT, LLC, JOSHUA D. YOUNG reported a CAMBER ENERGY, INC. shareholding of 5,639,489 shares (20.80% of votes) in a periodic institutional filing.
19 July 2013director interest notice● Neutral
CAMBER ENERGY, INC. 10%+ owner Meson Capital Constructive Partners LP bought 185,185 shares on the open market at $1.35.
2 July 2013director interest notice● Neutral
CAMBER ENERGY, INC. director Fred S Zeidman received a stock option grant for 50,000 shares.
26 June 2013director interest notice● Neutral
Fred S Zeidman became a CAMBER ENERGY, INC. director and company insider (initial ownership filing).
16 May 2013securities registration● Neutral
CAMBER ENERGY, INC. registered a securities offering with the SEC using its shelf eligibility.
19 Apr 2013director interest notice● Neutral
CAMBER ENERGY, INC. 10%+ owner Meson Capital Constructive Partners LP bought 169,967 shares on the open market.
11 Apr 2013director interest notice● Neutral
William J. Dale became a CAMBER ENERGY, INC. CFO, TREASURER, SECRETARY and company insider (initial ownership filing).
9 Apr 2013material agreement▲ GoodMajor
Lucas Energy fully settled the Seidler Oil & Gas lawsuit over its Hagen Ranch wells: it returned about $1.3 million to the private well investors and paid Seidler's legal fees in exchange for a full release and dismissal of the suit.
8 Apr 2013director interest notice● Neutral
CAMBER ENERGY, INC. director W Andrew Krusen Jr. received a stock option grant for 25,000 shares.
8 Apr 2013director interest notice● Neutral
CAMBER ENERGY, INC. director Ken M Daraie received a stock option grant for 200,000 shares.
8 Apr 2013director officer appointment▼ BadMajor
Unable to raise money outside, Lucas borrowed $2.75 million at 14% from its own boardroom - $2 million from entities of director Ken Daraie and $250,000 from those of W. Andrew Krusen, with only $500,000 from an unrelated lender - repayable in six months and sweetened with warrants. This is the first insider loan on record, five years before the Dreeben loan previously thought to be the earliest. William J. Dale was appointed finance chief the same day.
2 Apr 2013asset acquisition disposition▲ GoodMajor
Lucas Energy settled the Nordic Oil default crisis: instead of the $22 million note plus interest, it will pay just $1.125 million in installments through September 2013, hand the disputed Gonzales/Karnes/Wilson leases back to Nordic, and have the lawsuit dropped once paid - a major liability sharply reduced.
14 Feb 2013quarterly activities report▼ Bad
CAMBER ENERGY, INC. reported a quarterly net loss of $2.7 million for the period ended 2012-12-31.
14 Feb 2013director interest notice● Neutral
CAMBER ENERGY, INC. CEO & Acting CFO, SEC & TREAS Anthony Charles Schnur received a stock option grant for 50,000 shares.
13 Feb 2013substantial holder notice● Neutral
Capital Ventures International, Heights Capital Management, Inc reported a CAMBER ENERGY, INC. shareholding of 1,120,000 shares (4.00% of votes) in a periodic institutional filing.
8 Feb 2013substantial holder notice● Neutral
Hall Phoenix Energy, LLC, Hall Phoenix/Inwood, Ltd, Phoenix/Inwood Corporation, Search Financial Services, LP, Hall Search GP, LLC, Craig Hall reported a CAMBER ENERGY, INC. shareholding of 1,830,000 shares (6.85% of votes) in a periodic institutional filing.
9 Jan 2013director interest notice● Neutral
CAMBER ENERGY, INC. CEO & ACTING CFO,SEC. & TREAS. Anthony Charles Schnur received a stock option grant for 50,000 shares.
9 Jan 2013substantial holder notice● Neutral
MESON CAPITAL CONSTRUCTIVE PARTNERS L.P, MESON CAPITAL PARTNERS LP, MESON CAPITAL PARTNERS LLC, RYAN J. MORRIS, YOUNG CAPITAL PARTNERS, LP, YOUNG CAPITAL MANAGEMENT, LLC, JOSHUA D. YOUNG reported a CAMBER ENERGY, INC. shareholding of 5,259,334 shares (19.60% of votes) in a periodic institutional filing.
8 Jan 2013director interest notice● Neutral
CAMBER ENERGY, INC. insider Young Capital Management, LLC bought 147,536 shares on the open market.
3 Jan 2013director interest notice● Neutral
CAMBER ENERGY, INC. director W Andrew Krusen Jr. received a stock option grant for 50,000 shares.
2 Jan 2013director interest notice● Neutral
CAMBER ENERGY, INC. 10%+ owner Meson Capital Partners LLC bought 163,165 shares on the open market.
2 Jan 2013director interest notice● Neutral
CAMBER ENERGY, INC. insider Young Capital Management, LLC bought 163,165 shares on the open market.
28 Dec 2012director interest notice● Neutral
CAMBER ENERGY, INC. director James Fred Hofheinz received a stock option grant for 50,000 shares.
28 Dec 2012director interest notice● Neutral
CAMBER ENERGY, INC. director Ken M Daraie received a stock option grant for 50,000 shares.
28 Dec 2012director interest notice● Neutral
CAMBER ENERGY, INC. director Ryan J. Morris received a stock option grant for 50,000 shares.
28 Dec 2012substantial holder notice● Neutral
MESON CAPITAL CONSTRUCTIVE PARTNERS L.P, MESON CAPITAL PARTNERS LP, MESON CAPITAL PARTNERS LLC, RYAN J. MORRIS, YOUNG CAPITAL PARTNERS, LP, YOUNG CAPITAL MANAGEMENT, LLC, JOSHUA D. YOUNG reported a CAMBER ENERGY, INC. shareholding of 4,948,633 shares (18.40% of votes) in a periodic institutional filing.
28 Dec 2012director interest notice● Neutral
CAMBER ENERGY, INC. insider Young Capital Management, LLC bought 455,199 shares on the open market.