AUSTIN, TX--(Marketwired - May 13, 2016) - Victory Energy Corp. (OTCQB: VYEY) ("Victory" or "the Company"), a growth stage, Exploration and Production Company, today announced operating results for the three months ended March 31, 2016. First Quarter Highlights Received investment capital of $302,000 from Aurora partner Navitus Energy Group (NEG) during the three months ended March 31, 2016. Increased total oil and gas [...]
AUSTIN, TX--(Marketwired - April 11, 2016) - Victory Energy Corp., (OTCQB: VYEY) ("Victory" or "the Company") a growth stage, Exploration and Production Company, today announced operating results for the twelve months ended December 31, 2015. Fiscal 2015 Highlights Received investment capital of $2.9 million from partner Navitus Energy Group (NEG) in fiscal 2015. Added working interest in five South Texas Eagle Ford oil [...]
AUSTIN, TX--(Marketwired - April 11, 2016) - Victory Energy Corp., (OTCQB: VYEY) ("Victory" or "the Company") a growth stage, Exploration and Production Company, today announced that its board of directors has appointed Jeff Marlowe as its Interim Chief Financial Officer. Mr. Marlowe will replace Fred J. Smith, Jr. who resigned from the company last week to pursue other opportunities. Prior to joining the Company, Mr [...]
Successful Acquisition Increases Total PV-10 to Over $10 Million AUSTIN, TX--(Marketwired - November 12, 2015) - Victory Energy Corporation (OTCQX: VYEY) ("Victory" or "the Company"), a growth stage exploration and production company, today announced it has entered into a letter of intent to acquire 181 net barrels of oil equivalent per day ("BOEPD"). The company expects the acquisition to result in ~77.1% - 88.6 [...]
AUSTIN, TX--(Marketwired - October 29, 2015) - Victory Energy Corporation, (OTCQX: VYEY) ("Victory" or "the Company") a growth stage, Exploration and Production Company, today announced operating results for the three months ended September 30, 2015. 2015 Third Quarter Highlights Total oil production increased 61% to 2,940(Bbl) from 1,830(Bbl) in the third quarter of 2014. Daily barrels of oil equivalent increased 25% to [...]
AUSTIN, TX--(Marketwired - August 26, 2015) - Victory Energy Corporation, (OTCQX: VYEY) ("Victory" or "the Company") a growth stage, Exploration and Production Company, today announced operating results for the three months ended June 30, 2015. 2015 Second Quarter Highlights Oil and Gas revenues increased 13% from $237,977 to $269,631 for the three months ended June 30, 2015 compared to the three months ended June 30 [...]
AUSTIN, TX--(Marketwired - June 30, 2015) - Victory Energy Corporation, (OTCQX: VYEY) ("Victory" or "the Company"), a growth stage, Exploration and Production Company, today announced that on June 24, 2015, the Company entered into a Settlement Agreement and Mutual Release with Lucas Energy. The material terms of the settlement agreement include the following: Lucas Energy transferred to Victory certain proved producing [...]
Remains Focused on Near Term Acquisition Opportunities AUSTIN, TX--(Marketwired - June 08, 2015) - Victory Energy Corporation, (OTCQX: VYEY) ("Victory" or "the Company") a growth stage, Exploration and Production Company, today announced operating results for the three months ended March 31, 2015. 2015 First Quarter Highlights (Unaudited) $2.44 million of total assets, Total assets First quarter revenues were $128,568 [...]
AUSTIN, TX--(Marketwired - June 01, 2015) - Victory Energy Corp., (OTCQX: VYEY) ("Victory" or "the Company"), a rapidly growing, Permian Basin focused oil and gas company, today announced that it has engaged MLV & Co. LLC ("MLV"), an independent full-service investment bank, to act as its financial advisor with respect to the placement of the Company's proposed new $75 million credit facility, with initial availability [...]
AUSTIN, TX--(Marketwired - May 15, 2015) - Victory Energy Corp., (OTCQX: VYEY) ("Victory" or "the Company"), today announced that it will not proceed with the proposed business combination (the "Merger") with Lucas Energy Inc. ("Lucas"), which was the subject of a letter of intent (the "Letter of Intent") that was previously announced on February 6, 2015. The Company notified Lucas on May 11, 2015 that it does not intend [...]
AUSTIN, TX--(Marketwired - April 13, 2015) - Victory Energy Corp., (OTCQX: VYEY) ("Victory" or "the Company") a rapidly growing, Permian Basin focused oil and gas company and whom has recently announced its intention to complete a business combination with Lucas Energy Corporation (NYSE MKT: LEI), today announced that management will present at the following upcoming investor conference. The company plans to [...]
HOUSTON, April 6, 2015 /PRNewswire/ -- Lucas Energy Inc. (NYSE MKT: LEI) ("Lucas" or the "Company"), an independent oil and gas company with its operations in Texas, today announced that the NYSE MKT (the "Exchange") has notified the Company that it has been granted an extension with a targeted completion date of August 28, 2015 to regain compliance with the NYSE MKT continued listing standards. On February 28, 2014 [...]
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