Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT (Tables)

v3.20.4
PROPERTY AND EQUIPMENT (Tables)
6 Months Ended
Sep. 30, 2020
Property and Equipment  
Schedule of oil and natural gas properties

All of Camber’s oil and natural gas properties are located in the United States. Costs being amortized at September 30, 2020, and March 31, 2020, are as follows:

 

   


September 30, 

2020 

   


March 31, 

 2020 

 
Oil and gas properties subject to amortization   $ 50,413,792     $ 50,443,883  
Oil and gas properties not subject to amortization     28,016,989       28,016,989  
Capitalized asset retirement costs     1,570       1,570  
Total oil & natural gas properties     78,432,351       78,462,442  
Accumulated depreciation, depletion, and impairment     (78,356,957 )     (78,351,825 )
Net Capitalized Costs   $ 75,394     $ 110,617