|Bid||0.8508 x 3100|
|Ask||0.8950 x 1100|
|Day's Range||0.8500 - 0.9031|
|52 Week Range||0.5000 - 21.5000|
|Beta (5Y Monthly)||1.80|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jun 30, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
For example, in May, Viking, through various subsidiaries, rented approximately 44 portable storage containers to situate on certain properties to store product until commodity prices increased. As commodity prices began to rise in June due to increased demand for oil, Viking started the process to re-activate applicable wells, including, for example, well API No. 42-361-30914, located in Orange County, Texas, owned by Viking's subsidiary, Ichor Energy, LLC ("Ichor"), which was shut-in on May 5, 2020. Viking estimates the entire re-activation process will be completed by the end of July, subject to commodity prices remaining at or near current levels.
Other than the addition of the information under "NYSE American Section 610(b) disclosure", below, this press release is identical to the release filed jointly by Camber and Viking on July 1, 2020. Camber and Viking are pleased to announce that the parties are completing additional steps necessary to closing their planned merger. On June 29, 2020, Camber filed with the Securities and Exchange Commission its Annual Report on Form 10-K for Camber's March 31, 2020 fiscal year end (the "Form 10-K").
On June 29, 2020, Camber filed with the Securities and Exchange Commission its Annual Report on Form 10-K for Camber's March 31, 2020 fiscal year-end (the "Form 10-K"). Camber's Form 10-K highlighted net income of $0.96 million related to its 25% ownership interest in Elysium Energy Holdings, LLC ("Elysium"), which the Company acquired from Viking on February 3, 2020. Additionally, on June 26, 2020, Camber provided Viking financing of $4.2 million to assist with extinguishing, certain obligations of Viking related primarily to advances made to assist with Viking's, through its majority-owned subsidiary, Elysium Energy, LLC, acquisition of oil and gas assets on February 3, 2020, which if not satisfied prior to June 30, 2020 would have resulted in significantly increased costs.