Latest Victory Energy Corp (VYEY) Headlines Victo
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Victory Provides Operating Update
Filing Services Canada - Wed Feb 26, 11:06AM CST
Victory Energy Corporation (OTCQB: VYEY),(Victory Energy), a publicly held, independent, growth-oriented oil and gas company, today provided its first operations update since becoming current on its financials and announcing its $36 million funding relationship with Navitus Energy Group and Texas Capital Bank of Dallas, Texas.
Correcting and Replacing - Victory Energy Obtains $36 Million of Bank and Private Placement Funding
Filing Services Canada - Tue Feb 25, 2:52PM CST
Victory Energy Corporation (VYEY - OTCQB), a publicly held, independent, growth-oriented oil and gas company, today announced it has obtained $36.4 million of bank and private-placement funding through its interest in Aurora Energy Partners. The Company, as controlling manager of Aurora, plans to utilize a $26.4 million credit facility from Texas Capital Bank and additional capital of up to $10 million being raised by Navitus Energy Group (Victory's partner in Aurora), to help it rapidly grow the company through acquisitions and property development. The funding round represents a seven times multiple to the current $5 million market value of the company.
Victory Energy Obtains $36 Million of Bank and Private Placement Funding
Filing Services Canada - Mon Feb 24, 5:34PM CST
Victory Energy Corporation (VYEY - OTCQB),(Victory Energy) a publicly held, independent, growth-oriented oil and gas company, today announced it has obtained $36.4 million of bank and private-placement funding through its interest in Aurora Energy Partners. The Company, as controlling manager of Aurora, plans to utilize a $26.4 million credit facility from Texas Capital Bank and an additional $10 million of capital being contributed by Navitus Energy Group (Victory's partner in Aurora), to help it rapidly grow the company through acquisitions and property development. The funding round represents a seven times multiple to the current $5 million market value of the company.
Scripps to discuss business strategy at Noble Financial conference Monday
PR Newswire - Thu Jan 16, 7:59AM CST
Rich Boehne, chairman, president and chief financial officer of The E.W. Scripps Company (NYSE: SSP), Tim Wesolowski, senior vice president and chief financial officer, and Brian Lawlor, senior vice president of the television division, will discuss the company's business strategy at the Noble Financial Capital Markets' tenth annual equity conference on Monday, Jan. 20 at 4 p.m. ET.
Victory Energy Engages Weaver as Auditor
Filing Services Canada - Tue Nov 26, 3:28PM CST
Victory Energy Corporation (VYEY - OTCQB),(Victory Energy), an independent, growth-oriented oil and gas company, today announced it has engaged Weaver and Tidwell, L.L.P. (Weaver) to audit the financial statements of Victory Energy and its annual 10-K report for the 2013 reporting period. In addition to the annual audit, Weaver will also perform reviews of the Company's unaudited quarterly financial information for each of the three quarters and the related 2013 year-to-date periods, which are to be included in the quarterly reports (Form 10-Q) to be filed. Weaver, the largest independent accounting firm in the Southwest, is a registered public accounting firm with the Public Company Accounting Oversight Board (PCAOB) and services clients across the United States. Upon completion of the three 2013 quarterly reports, the Company will be current and will be allowed to file its annual 10-K report in a timely manner.
Victory Energy Corporation Doubles in Size
Filing Services Canada - Tue Nov 12, 9:38AM CST
Victory Energy Corporation (VYEY - OTCQB),an independent, growth-oriented oil and gas company, today announced it will double in size for the 2013 fiscal year and is poised for significant growth with currently held Permian Basin properties. Undiscounted proved reserves are expected to exceed $6.6 million for the 2013 reporting period, delivering a significant impact on current and future revenue. Victory Energy also released historical restated financials and a new investor presentation on the company website.
Victory Energy Appoints New Board Member
Filing Services Canada - Mon Oct 21, 4:23PM CDT
Victory Energy Corporation (VYEY - OTCQB),(Victory Energy), an independent, growth-oriented oil and gas company, today announced the election of Patrick Barry to serve on the company's board of directors, together with the company's existing directors, Dr. Ronald Zamber, David McCall, Robert Grenley and Kenny Hill. Barry was also elected to serve as chair of the audit committee.
Victory Energy Significantly Increases Daily Production and Proved Reserves
Marketwire - Thu Aug 01, 6:32AM CDT
Victory Energy Corporation, (Victory Energy) (PINKSHEETS: VYEY), an independent, growth-oriented oil and gas company, today announced that recent successes at its Permian Basin Lightnin' prospect have increased proved reserves by 60 percent and daily production by 89 percent during the first half of this year.
Victory Energy Expands Successful Permian Basin Lightnin' Prospect
PR Newswire - Tue May 28, 5:00AM CDT
Victory Energy Corporation (OTCQB: VYEY), an independent, growth-oriented oil and gas company, today announced the acquisition of a 320-acre (gross) lease in Glasscock County, Texas through Aurora Energy Partners ("Aurora"), which the Company manages and in which it owns a 50 percent interest. The acquired acreage is adjacent to the Company's successful Cotter #1 well which has averaged over 60 gross barrels of oil per day in the month of May. The first well on this new acreage, the McCauley "6" #1 was spud on May 14 and is expected to be completed and placed on production in late June or early July.
Victory Reports Continued Success With Permian Basin Assets
PR Newswire - Tue Apr 30, 6:00AM CDT
Victory Energy Corporation (OTCQB: VYEY), an independent, growth oriented oil and gas company, today provided a drilling operations update on key properties for Aurora Energy Partners ("Aurora") which the Company manages and in which it owns a 50 percent interest.
Victory Energy Corporation Selects Roepke Public Relations
PR Newswire - Mon Feb 04, 1:06PM CST
Victory Energy Corp. (Victory Energy) (OTCQB: VYEY) today announces Roepke Public Relations as public relations counsel. The Minneapolis based company is an international public relations firm that specializes in media relations.