Camber energy's majority-owned subsidiary closes acquisition

Re: electric transmission & open conductor detection technologies houston, tx / accesswire / february 15, 2022 / camber energy, inc. (nyse american:cei) ("camber" or the "company") is pleased to announce its majority-owned subsidiary, viking energy group, inc. ("viking"), acquired on february 9, 2022 a 51% interest in two entities that own the intellectual property rights to fully developed, patent pending, ready-for-market proprietary electric transmission and distribution open conductor detection systems. the purchase price for the interests acquired by viking is up to $21,000,000, with $5,000,000 payable in shares of viking on closing (i.e.
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