Seeking Alpha

QualityStocks'  Instablog

QualityStocks
Send Message
QualityStocks (www.qualitystocks.net) assists publicly traded companies by getting their story out to the investment community while helping investors discover emerging companies with plenty of growth potential. Our name, QualityStocks, emphasizes our commitment to connect subscribers with... More
My company:
QualityStocks
My blog:
QualityStocks Micro-Cap and Small-Cap Blog
  • Victory Energy Corp. (VYEY) Leverages Strategic Business Model 0 comments
    Jan 15, 2014 6:03 PM | about stocks: VYEY

    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.

    Through its partnership with Aurora Energy Partners, VYEY continues to build a portfolio of non-operated working interests in oil and gas prospects and expects in the near future to begin adding projects that it can operate. In the meantime, its strategy is to continue diversifying those non-operated and operated interests by targeting additional prospects that offer land positions large enough for multiple well drilling programs and significant Proven Undeveloped Reserve (PUD) opportunities.

    These prospective properties will ideally be located in established trends that offer long-term development potential. Primary objectives of the projects will be to: 1) increase oil and gas reserves through the drill bit and expand existing reserve opportunities, 2) grow the business via acquisition of larger, oil focused projects with a higher working interest position, where possible.

    To support these objectives, VYEY has put in place a highly experienced management and technical team with over 120 years of combined and relevant experience. Management is continuing to build outside relationships with established E&P operators, geologists and engineers who provide access to quality opportunities and the specific expertise needed for continuing success in the resource plays on which the company is focused.

    VYEY's current assets and prospective sites are geographically focused onshore, with a primary emphasis on the Permian Basin of Texas and southeast New Mexico. By utilizing an established pipeline of investors, available through Aurora Energy Partners and additional third-party sources, the company is committed to creating long-term value for its shareholders, which it plans to accomplish by increasing oil reserves, lowering costs, boosting production volumes, and prudently managing the capital on its balance sheet.

    VHEY believes that lower expenses and additional capital will give it the flexibility to invest in developing its current proven undeveloped, possible and probable reserves. In addition, its increased use of in-house and third-party technical and geological capabilities will help generate added oil and gas prospects with improved working interest positions. For more information, visit the website at vyey.com.

    Please see disclaimer at qualitystocks.net/disclaimer.php#vyey

    Stocks: VYEY
Back To QualityStocks' Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »
Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.