Lineal Star Holdings to acquire an 80% stake in Evercon Energy.

Camber Energy, which operates as an energy company, announced that its wholly-owned subsidiary Lineal Star Holdings had closed the purchase of 80% of the membership interests of Evercon Energy, headquartered in College Station, Texas. Financial terms were not disclosed. Evercon provides pipeline solutions and field services, project management and inspection services, energy infrastructure maintenance, facilities construction, fabrication and Heavy Civil Construction services. "The purchase of the 80% controlling interest in Evercon gives us a solid central Texas customer base as well as access to the south Texas market and allows us the opportunity to build Lineal Star Holdings more rapidly. We have a great deal of confidence in Evercon President, Brian Stiles, and look forward to great things from his leadership of Evercon." Tim Connolly, Lineal Star CEO.