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LPI - Camber Energy Inc.: Why I Am Raising My Rating
Laredo Petroleum Inc.
Camber's CEO suspended his voting rights in Viking to consolidate its financial investments.
Camber has proposed the use of equity method in Viking's accounting as opposed to financial consolidation.
Viking is a growth-oriented energy company. It has a patented carbon-capture system and majority ownership in entities with intellectual property rights in medical and biohazard waste treatment.