Camber Energy, Inc. (AMEX:CEI) entered into security purchase agreement to issue promissory note for gross proceeds of $12 million on December 22, 2020. The transaction include participation from an institutional investor which will acquire the promissory note in the principal amount of $12,000,000, accruing interest at the rate of 10% per annum and maturing December 11, 2022, or immediately if Camber has not either consummated a merger with Viking Energy Group, Inc. (OTCPK:VKIN) by March 11, 2021.