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BRIEF-Camber Energy announces cost-cutting initiatives

April 27 Camber Energy Inc

* Camber Energy announces cost-cutting initiatives

* Cost-Cutting initiatives to significantly reduce overall general and administrative costs

* Relocating corporate headquarters and related operations to San Antonio, Texas from Houston, Texas

* Entered into a service agreement with Enerjex Resources to outsource management of back-office functions for fixed monthly fee

* Pursuing other strategic options to further improve its capital structure

* Co and board has accepted Ken Sanders' resignation as chief operating officer as part of this process Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

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