27 Jan 2011director interest notice● Neutral
CAMBER ENERGY, INC. director James Fred Hofheinz received 12,000 shares and a 24,000-share option grant as part of the equity award.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
25 Jan 2011asset acquisition disposition● Neutral
Lucas Energy paid $2 million for a 7.56% interest in New Mexico oil and gas leases from Nacogdoches Oil and Gas, the first slice of an option to eventually buy up to 77.5% for $20.5 million.
12 Jan 2011material agreement▲ Good
Lucas Energy raised about $6 million selling stock and warrants to a group of institutional investors, with the warrants capable of bringing in up to $14.7 million more if later exercised.
7 Jan 2011substantial holder notice● Neutral
Empery Asset Management, LP, Ryan M. Lane, Martin D. Hoe reported a CAMBER ENERGY, INC. shareholding of 937,577 shares (5.66% of votes) in a periodic institutional filing.
5 Jan 2011substantial holder notice● Neutral
Capital Ventures International, Heights Capital Management, Inc disclosed a new substantial CAMBER ENERGY, INC. shareholding (6.30% of votes).
5 Jan 2011substantial holder notice● Neutral
Empery Asset Management, LP, Ryan M. Lane, Martin D. Hoe disclosed a new substantial CAMBER ENERGY, INC. shareholding (6.67% of votes).
30 Dec 2010securities registration● Neutral
CAMBER ENERGY, INC. filed a prospectus supplement for an offering off its existing shelf.
27 Dec 2010material agreement▲ GoodMajor
Lucas Energy raised just under $6 million (potentially $20 million more if warrants are exercised) selling stock-and-warrant units to institutional investors, including Hall Phoenix Energy - its Eagle Ford joint-venture partner - as a buyer.
6 Dec 2010director interest notice● Neutral
CAMBER ENERGY, INC. Chief Executive Officer William Alexander Sawyer received 17,500 shares as part of the equity award.
30 Nov 2010director interest notice● Neutral
CAMBER ENERGY, INC. insider Donald L Sytsma sold 2,000 shares at $2.56.
15 Nov 2010quarterly activities report▼ Bad
CAMBER ENERGY, INC. reported a quarterly net loss of $545 thousand for the period ended 2010-09-30.
4 Nov 2010director interest notice● Neutral
CAMBER ENERGY, INC. insider Donald L Sytsma sold 2,000 shares at $2.04.
14 Oct 2010director interest notice● Neutral
John Okeefe became a CAMBER ENERGY, INC. CFO, Secretary and Treasurer and company insider (initial ownership filing).
1 Oct 2010director interest notice● Neutral
CAMBER ENERGY, INC. director W Andrew Krusen Jr. bought 10,000 shares on the open market at $1.80.
29 Sept 2010material agreement termination● Neutral
Lucas Energy cancelled its at-the-market stock sale arrangement with WR Hambrecht + Co, having flush cash from the Hilcorp sale instead.
2 Sept 2010asset acquisition disposition▲ Good
A third and final closing of the Hilcorp deep-rights sale brought total proceeds to $10.2 million.
23 Aug 2010director interest notice● Neutral
CAMBER ENERGY, INC. Chief Financial Officer Donald L Sytsma received 7,000 shares as part of the equity award.
11 Aug 2010quarterly activities report▼ Bad
CAMBER ENERGY, INC. reported quarterly revenue of $578 thousand and a net loss of $853 thousand for the period ended 2010-06-30.
1 July 2010asset acquisition disposition▲ Good
A second closing of the Hilcorp deep-rights sale brought in another $1.38 million (total $8.9 million so far), with a further closing expected within weeks.
29 June 2010late filing notice▼ Bad
CAMBER ENERGY, INC. notified the SEC that its annual report would be filed late.
27 May 2010director interest notice● Neutral
CAMBER ENERGY, INC. 10%+ owner Lga INC. sold 162,295 shares at $1.96.
27 May 2010capital raising announcement● Neutral
Issued 637,887 shares ($490,000) to El Tex Petroleum for Wilson County oil and gas lease acreage, plus a smaller stock award to consulting/IR providers -- a routine asset-for-stock purchase.
26 May 2010director interest notice● Neutral
CAMBER ENERGY, INC. President William Alexander Sawyer received 62,500 shares as part of the equity award.
25 May 2010director interest notice● Neutral
CAMBER ENERGY, INC. director James Fred Hofheinz received 25,000 shares as part of the equity award.
25 May 2010director interest notice● Neutral
CAMBER ENERGY, INC. director Peter Grunebaum received 32,500 shares as part of the equity award.
11 May 2010asset acquisition disposition▲ GoodMajor
Lucas Energy sold an 85% working interest in the deep mineral rights (including Eagle Ford Shale) under its Gonzales County acreage to Hilcorp Energy for $7.52 million upfront, keeping 15% and using the cash to clear its Amegy bank debt.
6 May 2010material agreement termination▲ Good
Lucas Energy paid off and terminated its Amegy Bank credit line (about $2.2 million outstanding) with no penalty, funded by the Eagle Ford asset sale closing the same week.
21 Apr 2010director interest notice● Neutral
CAMBER ENERGY, INC. President William Alexander Sawyer disposed of 6,250 shares via option/appreciation-right settlement.
21 Apr 2010director interest notice● Neutral
CAMBER ENERGY, INC. director James Fred Hofheinz disposed of 25,000 shares via option/appreciation-right settlement.
21 Apr 2010director interest notice● Neutral
CAMBER ENERGY, INC. director Peter Grunebaum disposed of 32,500 shares via option/appreciation-right settlement.