X0508 4 2023-08-01-05:00 false 0001309082 CAMBER ENERGY, INC. CEI 0001719066 Doris James Andrew 15915 KATY FREEWAY SUITE 450 HOUSTON TX 77094 true true false false Chief Executive Officer false Common Stock 2023-08-01-05:00 4 A false 222223 A 222223 D Series A Convertible Preferred Stock 2023-08-01-05:00 4 A false 28092 A 2023-08-01-05:00 Common Stock 25001880 28092 D Warrants 2023-08-01-05:00 4 A false 1666667 A 2023-08-01-05:00 2027-12-29-05:00 Common Stock 1666667 1666667 D On August 1, 2023 (the "Effective Time"), pursuant to the Amended and Restated Agreement and Plan of Merger, as amended on April 18, 2023, between Camber Energy, Inc. ("Camber") and Viking Energy Group, Inc. ("Viking), each (a) share of Viking's common stock issued and outstanding immediately prior to the Effective Time, other than shares owned by Camber, Viking and Viking Merger Sub, Inc., was converted into the right to receive one share of Camber's common stock, (b) share of Viking's Series C Convertible Preferred Stock issued and outstanding immediately prior to the Effective Time was converted into the right to receive one share of Camber's Series A Convertible Preferred Stock and (c) outstanding option or warrant to purchase Viking's common stock ("Viking Option") vested and was converted into an option or warrant to purchase Camber's common stock on substantially the same terms as were applicable to such Viking Option immediately prior to the Effective Time. Each share of Series A Convertible Preferred Stock is convertible into 890 shares of Camber's common stock. The Series A Convertible Preferred Stock is perpetual and has no expiration date. Each warrant represents the right to purchase one share of Camber's common stock at an exercise price of $0.001 per share. /s/ James A Doris 2023-08-01-05:00