Victory Energy Corporation (OTCQB: VYEY) is a publicly held, independent, growth-oriented exploration and production company, headquartered in Austin, Texas, with additional technical and specialized resources located in Midland, Texas.  The company is focused on creating shareholder value by rapidly growing unconventional oil, liquids-rich natural gas reserves and cash-flow via continued low-risk vertical well development on existing properties and through the acquisition of new resource properties, offering predictable rates of return (ROR) and break-even points below $65 per barrel oil price.  This focus on returns is achieved by targeting the predictable resources plays, favorable operating environment, and consistent reservoir quality across multiple target horizons, long-lived reserve characteristics, and high drilling success rates of the Permian Basin of Texas and southeast New Mexico. 

The Company is one of two partners in Aurora Energy Partners, a Texas Partnership that was established in January 2008. The second partner is the Navitus Energy Group (Navitus), also a Texas General Partnership.  The two entities work together to increase proved reserves and the valuation of the partnership, with a future goal of consolidating the two partners into a single entity and moving to a larger stock exchange such as the NYSE, NASDAQ, etc..

On February 24, 2014 the partnership closed a $26.4 million operations and acquisition credit facility with Texas Capital Bank of Dallas Texas.  $1.4 million of this facility will provide operating capital for the partnership. The company plans to utilize the remaining $25 million of the credit facility and access to $10 million of private placement capital from its partner Navitus Energy Group, (Navitus) to aggressively grow the companies Permian Basin (Texas) assets through targeted acquisitions of producing properties with upside development potential.  Several highly desirable properties have already been identified and are being vetted.  The Company anticipates deploying all of the credit facility and the $10 million of Navitus private placement capital toward high cash-flow, producing acquisition targets this year. 

Victory Energy is a SEC current reporting company. The Company is traded under the ticker symbol VYEY on the OTCQB tier, operated by OTC Markets Group (The Venture Stage Marketplace with Reporting Companies).

The Company also released historical restated financials and posted a new investor presentation on the Company website.



March 31, 2014 Victory Energy Engages Euro Pacific Capital
Feb. 26, 2014 Victory Energy Provides Operations Update and Guidance
Feb. 24, 2014 Victory Energy Acquires $36M in New Capital
Feb. 24, 2014 Victory Energy is Now a Current Filer (2013 10-Q's released)
Nov. 26, 2013 Victory Energy Engages Weaver and Tidwell, LLP as Auditor
Nov. 12, 2013 Victory Energy Corporation Doubles In Size from Prior Year
Oct 21, 2013 Victory Appoints New Board Member, Begins Search for a Chairman
August 1, 2013 Victory Significantly Increase Daily Production and Proved Reserves
May 28, 2013 Victory Expands Successful Permian Basin Assets

©2009, 2010, 2011, 2012, 2013 - Victory Energy Corporation - All Rights Reserved