Lucas Energy is Now Camber Energy, Inc

Company Shifts From Eagle Ford Roots
Lucas Energy Changes Name

Lucas Energy Shifts Focus

Effective today, Lucas Energy is now Camber Energy, Inc

Related: Lucas Energy Re-Activates Eagle Ford Assets

Lucas Energy, Inc. has made a strategic move from its Eagle Ford roots and is marking the shift with a name change to Camber Energy.

The company says it plans to expand with the addition of shallow oil and gas reserves with longer-lived, lower-risk production profiles.

Camber has also expanded their management team, adding Thomas E. Hardisty as Senior Vice President of Land & Business Development and J. Mark Bunch as Senior Vice President of Engineering & Operations.

Recent company news:

  • AUGUST: company announced that its wholly-owned subsidiary, CATI Operating, LLC will borrow $1 million to fund drilling, completion and maintenance projects in the Eagle Ford Shale. The company will enter into a joint operating agreement with Lonestar Resources that will cover over 1,450 gross acres. Lucas will have a 8% -14% working interest in the units.
  • OCTOBER: company executives announced the completion of two wells in Karnes County in addition to re-activating their Griffin 1H Austin Chalk well. The first tests on the Griffin 1H is showing production of 55 boe/d after having produced 5 Boe/d prior to shut-in.
  • JANUARY: Camber holds more than 10,000 net acres in Gonzales, Karnes and Wilson counties and announces it will purchase approximately twenty thousand (20,000) net mineral acres in the Permian Basin.

Read more at camber.energy

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Elizabeth Alford

Elizabeth Alford

Elizabeth Alford writes on significant news developments in the Eagle Ford oil and gas play taking place across South TX. She is a freelance writer with an extensive communications, PR, and staff writing background.
Elizabeth Alford

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