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Camber Energy Inc (NYSEAMERICAN:CEI) Subsidiary Viking Energy Group Inc (OTC:VKIN) Dual Energy Strategy To Benefit Shareholders

The stocks of companies involved in the development and distribution of renewable energy sources enjoy strong secular tailwinds. While oil prices were falling in 2020, green energy stocks were skyrocketing, reaching an all-time high in 2021 along with many other momentum stocks that had gotten ahead of themselves.

Now, in the present day, oil is once again in high demand. Many renewable energy plays have dropped recently from their recent highs. Again, the tide has turned as investors seek safety in fossil fuels amid rising inflation fears.

This ebb and flow between the two markets can make it challenging for investors to keep up, this is what makes Viking Energy Group Inc. (OTC: VKIN) such an interesting company from an investor standpoint.

Viking Energy Group Inc, majority-owned by Camber Energy Inc. (NYSEAMERICAN: CEI), has made a number of notable acquisitions and partnerships within the green energy sector while continuing to maintain a strong presence in the oil and gas industries.

Dual Investment Strategy

While many analysts are pointing to renewables as the long-term solution in the future, oil and gas are still here for now. CEI and VKIN will both profit from rising energy prices as well as increased emphasis on renewables.

This dual investment strategy makes them a smart play in today's volatile market.

At the moment, Viking Energy has oil and gas assets in the US that are worth about $96 million. Some of these are in Kansas. It is a dual-energy investment strategy.

Viking Energy CEO James Doris says, “We are a clean energy company which uses an IP license from Clean Energy, LLC, to generate clean energy… We are excited about what we have here,” he says. “We have a strong engineering department, and we have an ESG license for carbon capture—that is our most valuable potential asset.”

“We maintain an open mind about the oil/gas assets,” James Doris, CEO of VKIN says. “We initially invested in oil and gas assets.” Now, VKIN offers investors the best of both worlds: green, clean energy and oil/gas assets.

The VKIN Umbrella

The technologies under their umbrella range from carbon capture to green biodiesel production. When oil demand drops as countries work to meet climate change accords, or inflation slows, CEI and VKIN will still be able to thrive thanks to their diversified strategies.

Some of the multiple streams VKIN participates in green energy include:

  • VKIN has secured US Patent (No. 11,286,832) relating to the IP and other rights licensed by VKIN from ESG involving a Bottoming Cycle Power System related to its carbon capture technology. The new patent covers the invention of an ‘exhaust-gas-to-exhaust-gas-heat exchanger.’ The result is that VKIN is in an improved position to better capture carbon and use it for something beneficial.

  • VKIN has invested in a Reno, Nevada processing plant designed to produce renewable diesel. To that end VKIN has entered into a Membership Interest Purchase Agreement with RESC Renewable Holdings, LLC., to buy the membership interests of New Rise Renewables, LLC.


While investors should pay attention to the overall trends shifting to making green energy transitions, it is still clear that the transition is gradual.

Investors should look to companies that are also making that same transition. Camber Energy Inc. (NYSEAMERICAN: CEI) and their subsidiary Viking Energy Group Inc. (OTC: VKIN) are companies making this same transition and preparing for the future, while still hedging their bets with smart investments in the oil and gas fields

Investors wanting to take advantage of the rise in green technologies in the long term, while playing off market volatility in the short term, should look no further than VKIN.

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Contact Details


Mark McKelvie

+1 585-301-7700

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