Effective on January 9, 2018, the Board of Directors of Camber Energy, Inc. removed the "Interim" designation on Mr. Richard N. Azar II's title as Chief Executive Officer of the company and appointed him as the Chief Executive Officer and Secretary of the company. On the same date, the Board of Directors appointed Mr. Robert Schleizer as Treasurer of the company. The Board of Directors further appointed Mr. Donnie B. Seay, the only independent member of the company's Board of Directors, as Chairman and sole member of the company's Audit Committee, Compensation Committee and Nominating and Governance Committee.