Victory Energy Corporation Engages MZ Group for Investor Relations
2014年5月5日 - 9:00PM
Marketwired
Victory Energy Corporation Engages MZ Group for Investor Relations
AUSTIN, TX--(Marketwired -
May 05, 2014) - Victory Energy Corporation (OTCQB: VYEY), ("Victory Energy" or "the
Company") today announced that it has engaged MZ Group as its
investor relations advisor. MZ Group will assist Victory Energy in
executing a comprehensive investor outreach program in the
U.S.
"We are excited to tell our story to a broad range of
investors," said Kenny Hill, CEO of Victory Energy. "Our growing
base of highly prospective oil and liquids-rich natural gas assets
makes us an attractive investment consideration for growth and
value investors. Coupled with our recent successful fundraising
efforts, we now have the capital and team in place to execute on
our aggressive growth plans both organically and through
acquisition opportunities."
Ted Haberfield, President of MZ North America, added, "We are
very excited to be involved with Victory Energy as they enter this
phase of growth and build out their communications platform. MZ's
proven track record of working with small and microcap oil and gas
companies, including assisting many with the transition to a major
exchange, will enable us to make targeted introductions to
appropriate investors while advising Victory Energy through their
current initiatives and goals. We see tremendous opportunities to
help the Victory Energy team unlock shareholder value."
About Victory Energy
Victory Energy Corporation (OTCQB:
VYEY), based in Austin, Texas with additional resources in
Midland is a high growth oil and gas Exploration and Production
(E&P) company whose is focused on creating shareholder value
through the acquisition and development of assets in the World
Class Permian Basin. The company currently holds interests in the
Permian where its targets are high profile plays such as the
Wolfcamp, Mississippian and Fusselman formations. The
company is growing cash-flows through sustainable low-risk vertical
well development on existing properties and new acquisitions which
offer repeatable and highly profitable results. The Company
achieves these results by targeting predictable resources plays,
favorable operating environments and consistent reservoir quality
across multiple target horizons with long-lived reserve
characteristics. For additional information on the company,
please visit www.vyey.com.
Safe Harbor Statement
This press release contains forward-looking statements within
the meaning of Section 21E of the Securities Exchange Act of 1934.
All statements, other than statements of historical facts, included
in this press release that address activities, events or
developments that the Company expects, believes or anticipates will
or may occur in the future are forward-looking statements. These
statements are based on certain assumptions made by the Company
based on management's experience, perception of historical trends
and technical analyses, current conditions, anticipated future
developments and other factors believed to be appropriate and
reasonable by management. When used in this press release, the
words "will," "potential," "believe," "estimated," "intend,"
"expect," "may," "should," "anticipate," "could," "plan,"
"project," or their negatives, other similar expressions or the
statements that include those words, are intended to identify
forward-looking statements, although not all forward-looking
statements contain such identifying words. Among these
forward-looking statements are statements regarding EURs, estimated
BOE, estimated future gross undiscounted cash flow and estimated
drilling and completion costs. Such forward-looking statements are
subject to a number of assumptions, risks and uncertainties, many
of which are beyond the control of the Company, which may cause
actual results to differ materially from those implied or expressed
by the forward-looking statements, including but not limited to,
changes to drilling plans and schedules by the operators of
prospects, overruns in costs of operations, hazards, delays,
and any other difficulties related to drilling for and producing
oil or gas, the price of oil, NGLs, and gas, results of marketing
and sales of produced oil and gas, estimates made in evaluating
reserves, competition, general economic conditions and the ability
to manage and continue growth, and other factors described in the
Company Annual Report on Form 10-K/A for the fiscal year ended
December 31, 2011, December 31, 2012 and any updates to those risk
factors set forth in the Company's Quarterly Reports on Form 10-Q.
Further information on such assumptions, risks and uncertainties is
available in the Company's other filings with the Securities and
Exchange Commission ("SEC") that are available on the SEC's website
at www.sec.gov, and on the Company's website. Any forward-looking
statement speaks only as of the date on which such statement is
made and the Company undertakes no obligation to correct or update
any forward-looking statement, whether as a result of new
information, future events or otherwise, except as required by
applicable law.
Investor Relations Contact: Derek Gradwell MZ Group SVP Natural
Resources Phone: 512-270-6990 Email: dgradwell@mzgroup.us Web:
www.mzgroup.us
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