Victory Energy Corporation is an independent, growth oriented oil and natural gas company. The Company is engaged in the exploration, acquisition, development, and production of domestic oil and natural gas properties. As of December 31, 2013, the Company�s operations are primarily located onshore in Texas and New Mexico. As of December 31, 2013, all oil and natural gas assets are held through the Aurora partnership. Victory is the managing partner of Aurora. As of May 24, 2013, the Company, through Aurora had 24 wells in production and 2 wells. In January 2013, the Company farmed out 50% of its working interest and selected an operator for the prospect. In June 2014, the Company sold its Permian Basin Lightnin' property in Glasscock County, Texas.