Victory Energy Corporation (OTCMKTS:VYEY) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Victory Energy Corporation (OTCMKTS:VYEY) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
ITEM 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Effective April 7, 2017, Jeff Marlowe, our interim acting chief financial officer, resigned from his employer Bridgepoint Consulting, and will no longer be able to support the accounting and finance needs of Victory Energy Corporation (the “Company”). Bridgepoint Consulting and the Company have coordinated their efforts to engage Renee Opelt, MBA (also a Bridgepoint Consulting employee) to fill the duties of interim acting chief financial officer for the Company beginning April 7, 2017. Kenneth Hill, the Company’s Chief Executive Officer, will continue as the Company’s Chief Financial Officer until the Company appoints a permanent Chief Financial Officer.

About Victory Energy Corporation (OTCMKTS:VYEY)

Victory Energy Corporation (Victory) is an independent exploration and production company. The Company is engaged in the acquisition, exploration and production of oil and natural gas properties, through its partnership with Aurora Energy Partners (Aurora). The Company has technical and specialized resources located in Midland, Texas. The Company is focused on the acquisition and development of unconventional resource play opportunities in the Permian Basin, the Eagle Ford shale of South Texas and other areas. The Company has approximately 40 gross and over nine net wells, in production. The Company’s portfolio of producing assets includes the Eagle Ford property, the Fairway property, the Bootleg Canyon Ellenberger Field, the Adams-Baggett Gas Field, the Chapman Ranch, the Morgan Property and the Clear Water Wolfberry Resource Play. All of Victory’s assets are located in the United States. The Bootleg Canyon Property, which covers over 4,000 acres, is located in Pecos County, Texas.

Victory Energy Corporation (OTCMKTS:VYEY) Recent Trading Information

Victory Energy Corporation (OTCMKTS:VYEY) closed its last trading session 00.0000 at 0.0691 with 7,200 shares trading hands.

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