Camber energy announces major milestone with carbon-capture technology

Esg advises testing of industry-changing water removal system exceeds expectations houston, tx / accesswire / february 12, 2024 / camber energy, inc. (nyse american:cei) ("camber" or the "company"), a growth-oriented diversified energy company, shared today the announcement from esg clean energy, llc ("esg") advising the results of recent testing of esg's patented water removal system at its active power generation site in holyoke, ma, were consistent with and/or exceeded esg's modeled forecasts and confirms, according to esg, capturing carbon dioxide can now be achieved at a low cost and in an energy-efficient manner utilizing esg clean energy's industry-changing technology (the "esg clean energy system"). camber, through its subsidiary, has licensed the esg clean energy system, which includes an intellectual property portfolio of nine patents, for exclusive use in all of canada, and for multiple locations in the u.s. james doris, camber's president & ceo, stated "the size of this opportunity has increased, especially in canada, since we made our initial investment, and we are pleased esg has reached this critical milestone so we can work collaboratively on the next phase of the commercialization strategy toward monetizing our license.
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