Lucas Energy Inc. (NYSE MKT: LEI) will change its name to Camber Energy Inc., effective January 5, 2017. The company's ticker symbol will be changed to "CEI" under which it will begin trading on the NYSE MKT exchange upon the morning of the same date, January 5, 2017.
Camber has retained the services of Thomas E. Hardisty as senior vice president of land and business development and J. Mark Bunch as senior vice president of engineering and operations. Hardisty brings over 30 years of oil industry experience to the company as a petroleum land management professional, and Bunch is a petroleum engineer with more than 35 years of operational and managerial experience in oil and gas exploration, development, and acquisitions.
Based in Houston, Texas, Camber Energy (NYSE MKT: CEI) is a growth-oriented, independent oil and gas company engaged in the development of crude oil and natural gas in the Austin Chalk and Eagle Ford formations in south Texas, the Permian Basin in west Texas, and the Hunton formation in central Oklahoma.