Viking Investments Group Inc (VKIN) 0.1220 $VKIN
Viking Executes Term Sheet for $5M Credit Facility
Marketwired - Mon Jun 08, 7:01AM CDT
Viking Investments Group, Inc. ("Viking"
(OTCQB: VKIN) is pleased to announce it has executed a Term Sheet with a privately owned fund management group (the "Lender" experienced in providing financing to companies within the oil and gas sector.
Viking Investments Group, Inc. Announces Letter of Intent With Jolen, Inc. Regarding Proposed Joint Venture
Marketwired - Thu May 28, 7:01AM CDT
Viking Investments Group, Inc. ("Viking" (OTC PINK: VKIN) is pleased to announce it has executed a Letter of Intent ("LOI" with Jolen, Inc. ("Jolen" (OTC PINK: JOLE), wherein the parties have outlined the essential elements of a joint venture concerning the acquisition, development and/or management of certain projects in the Energy sector in the United States.
Viking Investments Group, Inc. Announces Termination of Letter of Intent With Cytron Capital Group Inc.
Marketwired - Fri May 22, 2:50PM CDT
On May 22, 2015 Viking Investments Group, Inc. ("Viking" (OTCQB: VKIN) advised Cytron Capital Group Inc. ("Cytron" of the termination of the Letter of Intent ("LOI" executed by Viking and Cytron on or about January 11th, 2015, and any other agreements between the parties, which contemplated a possible joint venture between the two companies concerning the acquisition, development and/or management of various projects in the Real Estate and Energy sectors. The parties were not able to conclude a definitive agreement with respect to the six projects contemplated in the LOI, described therein as Riverwood, Halfmoon Bay, 3L Ranch, Exall Loan, Altima Loan and the Chedi Resort.
Viking Announces First Oil Well Within Joffre Project Now Producing
Marketwired - Tue Apr 07, 11:24AM CDT
Viking Investments Group, Inc. ("Viking" (OTCQB: VKIN) is pleased to report that the first well within the Joffre D3 B Pool (the "Joffre Project" is now on production.
Viking Investments Group, Inc. Opts Not to Proceed With Opportunity Involving Exall Energy Corporation
Marketwired - Thu Mar 26, 7:30AM CDT
Viking Investments Group, Inc. ("Viking" (OTCQB: VKIN) has advised that given recent steps taken by Exall Energy Corporation's ("Exall" (TSX: EE) primary lender, Viking will no longer continue efforts to attempt to secure financing to facilitate the repayment of Exall's senior, secured indebtedness, as contemplated in the Letter of Intent executed by Viking and Exall on February 8th, 2015 and announced by Viking on February 9th, 2015.
EE.TO: 0.05 (+0.01)
Viking Investments Group, Inc. Announces End of Agreement With BAO Capital Sarl
Marketwired - Fri Mar 13, 4:00PM CDT
The Agreement executed on February 7th, 2015, between Viking Investments Group, Inc. (OTCQB: VKIN), Cytron Capital Group Inc. and BAO Capital Sarl has been terminated vis-a-vis BAO and Viking, on consent of the parties. Viking has no obligations or liabilities with respect to such agreement.
Exall Energy Corporation Updates Expected Timing to Pay Out Existing Credit Facility
Marketwired - Mon Mar 09, 9:43AM CDT
Exall Energy Corporation ("Exall" or the "Company" (TSX: EE)(TSX: EE.DB) announced today that, further to its February 9, 2015 and February 11, 2015 announcements, Viking Investments Group, Inc. ("Viking" has advised Exall that given the current timing, it is considering dispensing with a bridge financing arrangement as a means to retire Exall's existing facility with its current senior Canadian lender (the "Facility" in full, and instead utilize proceeds from a larger, long-term debt financing being contemplated by Viking in Mauritius with assistance from BAO Capital Sarl (the "Bond Transaction". Approximately $35.0 million from the Bond Transaction would be used to pay the Facility in full, in consideration for an assignment of the Facility and security package. Viking has advised Exall it expects the Bond Transaction will close by the end of March, 2015. Exall is working with its existing senior Canadian lender on this proposed change.
EE.TO: 0.05 (+0.01)
Viking Investments Group, Inc. Appoints John Squarek as Vice President, Energy Division
Marketwired - Thu Feb 12, 7:29AM CST
Viking Investments Group, Inc. ("Viking" (OTCQB: VKIN) is pleased to announce the appointment of Mr. John Squarek, B. Sc., P. Eng., MBA, as Vice President of Viking's Energy Division, effective February 12th, 2015.
Exall Energy Corporation Announces Revised Process to Pay Out Existing Credit Facility
Marketwired - Wed Feb 11, 5:38PM CST
Exall Energy Corporation ("Exall" or the "Company" (TSX: EE)(TSX: EE.DB) announced today that, further to its February 9, 2015 announcement, Viking Investments Group, Inc. (the "Lender" has provided Exall with a non-binding letter of intent (the "LOI" pursuant to which, as a preliminary step (the "Interim Financing", it would loan $35.0 million to Exall in order to allow Exall to retire its existing facility with Exall's current senior Canadian lender (the "Facility" in full, in consideration for an assignment of the Facility and security package. It is anticipated that the Interim Financing would permit Exall to pay off the Facility on or about February 23, 2015, several weeks ahead of the financing (the "Financing" which is expected to close in mid-March as announced on February 9, 2015. Exall's existing senior Canadian lender had previously stipulated it would not act under its security until after February 13, 2015 and Exall will be approaching its current senior lender to request additional time to complete the transaction but there is no guarantee that this request will be granted.
EE.TO: 0.05 (+0.01)
Viking Investments Group, Inc. Announces Letter of Intent With AUR Overseas Holdings Limited (BVI) Regarding Proposed Loan Transaction
Marketwired - Wed Feb 11, 8:16AM CST
On February 10th, 2015, Viking Investments Group, Inc. ("Viking" (OTC PINK: VKIN) signed a non-binding letter of intent (the "LOI" with AUR Overseas Holdings Limited (BVI) ("AUR", pursuant to which Viking expressed interest in loaning AUR up to USD$350M to facilitate the development by AUR of a luxury, 5 star resort on the island of Dhapparu, Maldives (the "Chedi Resort", to be managed by a globally-recognized, premier hotel management company, GHM Hotels.
Exall Energy Corporation announces letter of intent with Viking Investments Group, Inc. regarding proposed loan transaction
CNW Group - Mon Feb 09, 12:27PM CST
Exall Energy Corporation ("Exall" or the "Company" (TSX:EE and TSX:EE.DB) is pleased to announce that on February 8(th), 2015, Exall signed a non-binding letter of intent (the "LOI" with Viking Investments Group, Inc. ("Viking" (OTC: VKIN), pursuant to which Viking expressed interest in loaning Exall up to CDN$35M to enable Exall to repay its indebtedness to the Alberta Treasury Branches, Exall's primary lender.
EE.TO: 0.05 (+0.01)
Exall Energy Corporation Announces Letter of Intent With Viking Investments Group, Inc. Regarding Proposed Loan Transaction
Marketwired - Mon Feb 09, 12:01PM CST
Exall Energy Corporation ("Exall" or the "Company" (TSX: EE)(TSX: EE.DB) is pleased to announce that on February 8th, 2015, Exall signed a non-binding letter of intent (the "LOI" with Viking Investments Group, Inc. ("Viking" (OTCQB: VKIN), pursuant to which Viking expressed interest in loaning Exall up to CDN$35M to enable Exall to repay its indebtedness to the Alberta Treasury Branches, Exall's primary lender.
EE.TO: 0.05 (+0.01)
Viking Investments Group, Inc. Announces Letter of Intent With Exall Energy Corporation Regarding Proposed Loan Transaction
Marketwired - Mon Feb 09, 12:00PM CST
On February 8th, 2015, Viking Investments Group, Inc. ("Viking" (OTCQB: VKIN) signed a non-binding letter of intent (the "LOI" with Exall Energy Corporation ("Exall" (TSX: EE), pursuant to which Viking expressed interest in loaning Exall up to CDN$35M to enable Exall to repay its indebtedness to the Alberta Treasury Branches, Exall's primary lender.
EE.TO: 0.05 (+0.01)
Viking Investments Group, Inc. Announces Investment Banking Agreement With BAO Capital Sarl Regarding a Proposed $500M Bond Offering
Marketwired - Mon Feb 09, 7:31AM CST
On February 7th, 2015, Viking Investments Group, Inc. ("Viking" (OTCQB: VKIN) and Cytron Capital Group Inc. ("Cytron" executed an Agreement (the "BAO Agreement" with BAO Capital Sarl ("BAO", a BAO Group Company, pursuant to which BAO has agreed to work with Viking and Cytron with effecting a USD$500M bond financing in Mauritius (the "Bond Transaction". Proceeds from the Bond Transaction, if successful, will be used to complete, among others, the transactions announced on February 3rd, 4th and 5th, 2015 regarding the Halfmoon Bay, Riverwood and Cytron Gravel deals, respectively.
Viking Investments Group, Inc. Announces Private Placement
Marketwired - Thu Feb 05, 12:00PM CST
Viking Investments Group, Inc. ("Viking" (OTCQB: VKIN) is pleased to announce that it intends to complete a private placement for gross proceeds of $300,000 (the "Financing". These funds will be raised by the issuance of 1,200,000 common shares in the capital stock of Viking at a price equal to $0.25 per share (currently being a premium to the Company's market price). The shares may be issued to more than one investor.
Viking Executes Term Sheet for $5M Credit Facility
Marketwired - Mon Jun 08, 7:01AM CDT
Viking Investments Group, Inc. ("Viking"
(OTCQB: VKIN) is pleased to announce it has executed a Term Sheet with a privately owned fund management group (the "Lender" experienced in providing financing to companies within the oil and gas sector. Viking Investments Group, Inc. Announces Letter of Intent With Jolen, Inc. Regarding Proposed Joint Venture
Marketwired - Thu May 28, 7:01AM CDT
Viking Investments Group, Inc. ("Viking"
(OTC PINK: VKIN) is pleased to announce it has executed a Letter of Intent ("LOI" with Jolen, Inc. ("Jolen" (OTC PINK: JOLE), wherein the parties have outlined the essential elements of a joint venture concerning the acquisition, development and/or management of certain projects in the Energy sector in the United States. Viking Investments Group, Inc. Announces Termination of Letter of Intent With Cytron Capital Group Inc.
Marketwired - Fri May 22, 2:50PM CDT
On May 22, 2015 Viking Investments Group, Inc. ("Viking"
(OTCQB: VKIN) advised Cytron Capital Group Inc. ("Cytron" of the termination of the Letter of Intent ("LOI" executed by Viking and Cytron on or about January 11th, 2015, and any other agreements between the parties, which contemplated a possible joint venture between the two companies concerning the acquisition, development and/or management of various projects in the Real Estate and Energy sectors. The parties were not able to conclude a definitive agreement with respect to the six projects contemplated in the LOI, described therein as Riverwood, Halfmoon Bay, 3L Ranch, Exall Loan, Altima Loan and the Chedi Resort. Viking Announces First Oil Well Within Joffre Project Now Producing
Marketwired - Tue Apr 07, 11:24AM CDT
Viking Investments Group, Inc. ("Viking"
(OTCQB: VKIN) is pleased to report that the first well within the Joffre D3 B Pool (the "Joffre Project" is now on production. Viking Investments Group, Inc. Opts Not to Proceed With Opportunity Involving Exall Energy Corporation
Marketwired - Thu Mar 26, 7:30AM CDT
Viking Investments Group, Inc. ("Viking"
(OTCQB: VKIN) has advised that given recent steps taken by Exall Energy Corporation's ("Exall" (TSX: EE) primary lender, Viking will no longer continue efforts to attempt to secure financing to facilitate the repayment of Exall's senior, secured indebtedness, as contemplated in the Letter of Intent executed by Viking and Exall on February 8th, 2015 and announced by Viking on February 9th, 2015. EE.TO: 0.05 (+0.01)
Viking Investments Group, Inc. Announces End of Agreement With BAO Capital Sarl
Marketwired - Fri Mar 13, 4:00PM CDT
The Agreement executed on February 7th, 2015, between Viking Investments Group, Inc. (OTCQB: VKIN), Cytron Capital Group Inc. and BAO Capital Sarl has been terminated vis-a-vis BAO and Viking, on consent of the parties. Viking has no obligations or liabilities with respect to such agreement.
Exall Energy Corporation Updates Expected Timing to Pay Out Existing Credit Facility
Marketwired - Mon Mar 09, 9:43AM CDT
Exall Energy Corporation ("Exall" or the "Company"
(TSX: EE)(TSX: EE.DB) announced today that, further to its February 9, 2015 and February 11, 2015 announcements, Viking Investments Group, Inc. ("Viking" has advised Exall that given the current timing, it is considering dispensing with a bridge financing arrangement as a means to retire Exall's existing facility with its current senior Canadian lender (the "Facility" in full, and instead utilize proceeds from a larger, long-term debt financing being contemplated by Viking in Mauritius with assistance from BAO Capital Sarl (the "Bond Transaction". Approximately $35.0 million from the Bond Transaction would be used to pay the Facility in full, in consideration for an assignment of the Facility and security package. Viking has advised Exall it expects the Bond Transaction will close by the end of March, 2015. Exall is working with its existing senior Canadian lender on this proposed change. EE.TO: 0.05 (+0.01)
Viking Investments Group, Inc. Appoints John Squarek as Vice President, Energy Division
Marketwired - Thu Feb 12, 7:29AM CST
Viking Investments Group, Inc. ("Viking"
(OTCQB: VKIN) is pleased to announce the appointment of Mr. John Squarek, B. Sc., P. Eng., MBA, as Vice President of Viking's Energy Division, effective February 12th, 2015. Exall Energy Corporation Announces Revised Process to Pay Out Existing Credit Facility
Marketwired - Wed Feb 11, 5:38PM CST
Exall Energy Corporation ("Exall" or the "Company"
(TSX: EE)(TSX: EE.DB) announced today that, further to its February 9, 2015 announcement, Viking Investments Group, Inc. (the "Lender" has provided Exall with a non-binding letter of intent (the "LOI" pursuant to which, as a preliminary step (the "Interim Financing", it would loan $35.0 million to Exall in order to allow Exall to retire its existing facility with Exall's current senior Canadian lender (the "Facility" in full, in consideration for an assignment of the Facility and security package. It is anticipated that the Interim Financing would permit Exall to pay off the Facility on or about February 23, 2015, several weeks ahead of the financing (the "Financing" which is expected to close in mid-March as announced on February 9, 2015. Exall's existing senior Canadian lender had previously stipulated it would not act under its security until after February 13, 2015 and Exall will be approaching its current senior lender to request additional time to complete the transaction but there is no guarantee that this request will be granted. EE.TO: 0.05 (+0.01)
Viking Investments Group, Inc. Announces Letter of Intent With AUR Overseas Holdings Limited (BVI) Regarding Proposed Loan Transaction
Marketwired - Wed Feb 11, 8:16AM CST
On February 10th, 2015, Viking Investments Group, Inc. ("Viking"
(OTC PINK: VKIN) signed a non-binding letter of intent (the "LOI" with AUR Overseas Holdings Limited (BVI) ("AUR", pursuant to which Viking expressed interest in loaning AUR up to USD$350M to facilitate the development by AUR of a luxury, 5 star resort on the island of Dhapparu, Maldives (the "Chedi Resort", to be managed by a globally-recognized, premier hotel management company, GHM Hotels. Exall Energy Corporation announces letter of intent with Viking Investments Group, Inc. regarding proposed loan transaction
CNW Group - Mon Feb 09, 12:27PM CST
Exall Energy Corporation ("Exall" or the "Company"
(TSX:EE and TSX:EE.DB) is pleased to announce that on February 8(th), 2015, Exall signed a non-binding letter of intent (the "LOI" with Viking Investments Group, Inc. ("Viking" (OTC: VKIN), pursuant to which Viking expressed interest in loaning Exall up to CDN$35M to enable Exall to repay its indebtedness to the Alberta Treasury Branches, Exall's primary lender. EE.TO: 0.05 (+0.01)
Exall Energy Corporation Announces Letter of Intent With Viking Investments Group, Inc. Regarding Proposed Loan Transaction
Marketwired - Mon Feb 09, 12:01PM CST
Exall Energy Corporation ("Exall" or the "Company"
(TSX: EE)(TSX: EE.DB) is pleased to announce that on February 8th, 2015, Exall signed a non-binding letter of intent (the "LOI" with Viking Investments Group, Inc. ("Viking" (OTCQB: VKIN), pursuant to which Viking expressed interest in loaning Exall up to CDN$35M to enable Exall to repay its indebtedness to the Alberta Treasury Branches, Exall's primary lender. EE.TO: 0.05 (+0.01)
Viking Investments Group, Inc. Announces Letter of Intent With Exall Energy Corporation Regarding Proposed Loan Transaction
Marketwired - Mon Feb 09, 12:00PM CST
On February 8th, 2015, Viking Investments Group, Inc. ("Viking"
(OTCQB: VKIN) signed a non-binding letter of intent (the "LOI" with Exall Energy Corporation ("Exall" (TSX: EE), pursuant to which Viking expressed interest in loaning Exall up to CDN$35M to enable Exall to repay its indebtedness to the Alberta Treasury Branches, Exall's primary lender. EE.TO: 0.05 (+0.01)
Viking Investments Group, Inc. Announces Investment Banking Agreement With BAO Capital Sarl Regarding a Proposed $500M Bond Offering
Marketwired - Mon Feb 09, 7:31AM CST
On February 7th, 2015, Viking Investments Group, Inc. ("Viking"
(OTCQB: VKIN) and Cytron Capital Group Inc. ("Cytron" executed an Agreement (the "BAO Agreement" with BAO Capital Sarl ("BAO", a BAO Group Company, pursuant to which BAO has agreed to work with Viking and Cytron with effecting a USD$500M bond financing in Mauritius (the "Bond Transaction". Proceeds from the Bond Transaction, if successful, will be used to complete, among others, the transactions announced on February 3rd, 4th and 5th, 2015 regarding the Halfmoon Bay, Riverwood and Cytron Gravel deals, respectively. Viking Investments Group, Inc. Announces Private Placement
Marketwired - Thu Feb 05, 12:00PM CST
Viking Investments Group, Inc. ("Viking"
(OTCQB: VKIN) is pleased to announce that it intends to complete a private placement for gross proceeds of $300,000 (the "Financing". These funds will be raised by the issuance of 1,200,000 common shares in the capital stock of Viking at a price equal to $0.25 per share (currently being a premium to the Company's market price). The shares may be issued to more than one investor. 
