Victory Energy Corporation Purchases Option on Texas Natural Gas Field

Victory Energy Corporation (PINK:VYEY) announces that it has enters into an option agreement to acquire an oil and gas lease in a 1,000 acre tract of South Padre Island, Texas.

The press release is quoted as saying:

Victory Energy Corporation is engaged in the exploration, acquisition, development, and exploitation of oil and gas properties. The company’s current producing assets are located in the state of Texas.

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