Victory Energy Corp. (VYEY) Provides Update on Company Operations
Yesterday, Victory Energy reported that it received $36.4 million in financing from Texas Capital Bank and Navitus Energy Group, its partner in Aurora Energy Partners. Today, the company builds upon that news by sharing an operations update in a news release. As of January 2014, Victory Energy had completed two of its wells and was readying its third well for completion. One of the completed wells and the well being readied for completion are located at Victory Energy’s property in Glasscock County, Texas. In the past, vertical drills that had been drilled by the company in this field had yielded…