Camber Energy, Inc.'s(NYSE American:CEI) ("Camber" or the "Company") majority-owned subsidiary, Viking Energy Group, Inc. ("Viking"), announced today that Viking's majority-owned subsidiary, Viking Ozone Technology, LLC ("Viking Ozone"), received today U. S. Utility Patent No. 11,565,289 from the United States Patent & Trademark Office ("USPTO") titled "Multi-Chamber Medical Waste Ozone-Based Treatment Systems and Methods".
Oil and gas company Camber Energy Inc said on Monday it was buying a renewable diesel facility located near Reno, Nevada. Camber said the purchase price is expected to be $750 million on buying all of the membership interests from the companies that own the plant and are in the process of bringing it into commercial operations. Renewable diesel is about 50-55% less carbon-intensive than traditional motor fuel.
Camber Energy, Inc.(NYSE American: CEI) ("Camber" or the "Company") is pleased to announce that on January 20, 2023 it entered into a Membership Interest Purchase Agreement to acquire a 100% interest in companies that own and are in the process of bringing into commercial operations a processing plant designed to produce renewable diesel (the "Plant"). The estimated production capacity of the Plant once operational is ⁓ 43,000,000 gallons per year.