Aug. 24 at 1:32 PM
$CJMB – Callan Power Enters Energy With Reger Oil Deal
Callan JMB just pushed its infrastructure pivot further. Callan Power, the company's energy subsidiary, has signed a definitive deal to acquire Reger Oil assets in the Williston Basin — and Michael Reger, founder of Northern Oil & Gas, is joining as Callan Power President and taking a board seat.
Why it matters:
✅ Credibility: A proven E&P builder now leading the energy platform
✅ Diversification: Logistics/infra company adding real Williston Basin oil & gas assets
✅ Momentum: Follows the
$60M Brewton, AL transformer JV with Bia Power Systems + Alabama State University (targeted
$150M+ annual manufacturing revenue at full scale)
Context: CJMB is a thinly-traded micro-cap that spent much of mid-2026 below Nasdaq's
$1 minimum bid requirement — size accordingly
Next catalyst: Deal-close details and Callan Power's first operating update.
Communicated Disclaimer – https://stockresearchtoday.com/cjmb/
Other stocks moving:
$DAIC $XPON $SDOT
