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Stock impact report

Camber Energy Shares Positive Test Results of Patented Carbon Capture Water Removal System [Yahoo! Finance]

Camber Energy, Inc. (CEI) 
US:NYSE Investor Relations: ir.camber.energy
Company Research Source: Yahoo! Finance
HOUSTON, TX / ACCESSWIRE / February 23, 2024 / Camber Energy, Inc. (NYSE American:CEI) ("Camber" or the "Company"), a growth-oriented diversified energy company, shared today the recent announcement from ESG Clean Energy, LLC ("ESG") advising the results from initial tests of ESG's patented water removal system exceed a water removal rate of over 90 percent. Reaching this level of efficiency in removing water from emissions associated with power generation enables the lowest-cost and most energy efficient way of capturing carbon, according to technical specialists at ESG. Nick Scuderi, President of ESG, commented " We had no doubt about the effectiveness of our design but reaching this level of efficiency so quickly has surpassed even our own expectations. As we further optimize the process and integrate it with other elements of our proprietary system, we believe the efficiency rate will be even higher. This will work to our benefit as we scale to meet the demands of fossil fuel c Show less Read more
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