Victory Energy Corp. (VYEY) Maintains Rigorous Acquisition Target Standards for Stronger Growth Potential
Victory Energy is an independent, growth-oriented oil and gas company with operations based in the American Southwest. The company seeks to develop proven assets and cash-flows through a combined business strategy of continuing development of existing asset holdings and acquisitions of new, promising resource properties. Working together with Aurora Energy Partners, it is focusing on oil or liquid-rich gas projects within longer-term reservoirs. The company’s acquisition goal consists of targeting non-operated working interest positions in low-risk and moderate-risk oil and gas asset prospects. Currently, Victory Energy’s geographic focus is centered on onshore prospects, primarily located within the Permian Basin of…