Thursday, December 8, 2011

Victory Energy Signs Revised $15M Capital Agreement for Aurora Energy Partners; Announces Management Succession Plan

NEWPORT BEACH, Calif., Dec. 8, 2011 /PRNewswire/ -- Victory Energy Corporation (OTCQB: VYEY), today announced the signing of an amended $15M partnership agreement with the Navitus Energy Group ("Navitus") through Aurora Energy Partners, a Texas General Partnership ("Aurora").  With completion of this key turnaround objective, the Board of Directors has initiated a search process for a new Chief Executive Officer and Chief Financial Officer for Victory Energy, and is currently interviewing candidat...continued
     

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