Victory Energy Corp. (VYEY) Targets Permian Basin’s Oil Production
Victory Energy is an independent, growth-oriented oil and gas company focused on growing proved reserves and cash flow via the continued development of existing properties and the acquisition of new resource properties. The company will source new capital to facilitate this growth by continuing to utilize an established pipeline in investors available through Aurora Energy Partners and tapping into additional third party sources of capital when available. Victory is committed to creating long-term shareholder value by increasing oil reserves, lowering costs, boosting production volumes, and prudently managing the capital on its balance sheet. While geographically focused onshore, the company's primary…