お知らせ • Dec 28
Viking Energy Group, Inc. (OTCPK:VKIN) entered into a purchase and sell agreement to acquire Certain oil and gas properties including 169 producing 174 non-producing and 12 undeveloped oil well from James III Investments, L.L.C., Lake Boeuf Investments, LLC, BROTHERS INVESTMENTS, L.L.C. and BASS TMJ, L.L.C. for $69 million. Viking Energy Group, Inc. (OTCPK:VKIN) entered into a purchase and sell agreement to acquire Certain oil and gas properties including 169 producing 174 non-producing and 12 undeveloped oil well from James III Investments, L.L.C., Lake Boeuf Investments, LLC, BROTHERS INVESTMENTS, L.L.C. and BASS TMJ, L.L.C. for $69 million on December 26, 2022. Buyer shall pay the Purchase Price, subject to any adjustments contemplated herein, as follows: (a) at the Seller’s election, up to no more than eighty percent (80%) of the Purchase Price by bank wire transfer of immediately available funds on the Closing Date to an account designated in writing by Seller; and (b) as to the balance of the Purchase Price, by issuance to the Seller of convertible preferred stock of Camber. The transaction is conditioned on the approval of Camber's board of directors and shareholders, the third party approval and the due diligence investigation. The transaction is expected to close on March 1, 2023. お知らせ • Jun 15
Viking Energy Announces Executive Changes On June 13, 2022, John McVicar was appointed as Chief Financial Officer of Viking Energy Group, Inc. (Company”), replacing Frank Barker, Jr. as the Company’s CFO. The replacement was not related to any disagreement between Mr. Barker and the Company, and Mr. Barker, through his entity, FWB Consulting, LLC, will remain a consultant to the Company on an as-needed basis. Mr. McVicar brings more than 30 years of international business experience in Management Consulting and Finance. His previous roles include Consulting Partner at a Big 4 firm, CFO of a TSX-listed company and several regional finance leadership roles with large U.S. and Canadian multinationals in Canada, the U.S., South America and Asia. Mr. McVicar has been the CFO of Ion Energy Ltd. since September 2020, a Director and Audit Committee Chair of Avicanna Inc. since July, 2021, and an accountant for Ernst & Young LLP from 2002-2020, where he was a partner for more than a decade. Mr. McVicar is a CPA CA, and he earned an MBA from Duke University and a Bachelor of Commerce from Queen’s University. In connection with Mr. McVicar’s appointment, the Company and Mr. McVicar entered into a letter agreement (the “Agreement”), effective June 13, 2022, which sets out Mr. McVicar’s primary responsibilities, including with respect to accounting & reporting, performance management, treasury, risk management and internal controls. Mr. McVicar’s appointment is for an initial term of twelve months and may be terminated by either party at any time by providing sixty days’ written notice to the other party. お知らせ • Jun 10
Viking Energy Group, Inc. (OTCPK : VKIN) agreed to acquire an unknown minority stake in Oil and Gas Wells Located in US from TLW Investments, L.L.C. Viking Energy Group, Inc. (OTCPK : VKIN) agreed to acquire an unknown minority stake in Oil and Gas Wells Located in US from TLW Investments, L.L.C. on June 7, 2022. The Purchaser’s obligation to purchase the Purchased Assets is conditioned on a number of items (i) the Board of Directors of the Purchaser shall have approved the transaction; (ii) the Purchaser shall have completed on or before August 31, 2022, its due diligence investigation of the Purchased Assets, and shall, in its sole discretion, be satisfied with the results of such due diligence investigation; (iii) the Purchaser and Seller shall have mutually agreed to in writing to the Purchase Price on or before September 8, 2022; and (iv) the Purchaser and Seller shall have mutually agreed to in writing the Allocation of the Purchase Price on or before September 8, 2022. The Closing Date of the acquisition of the Purchased Assets is to be September 30, 2022. お知らせ • May 18
Viking Energy Group, Inc. announced delayed 10-Q filing On 05/17/2022, Viking Energy Group, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. お知らせ • Apr 22
Viking Energy Group, Inc. Auditor Raises 'Going Concern' Doubt Viking Energy Group, Inc. filed its 10-K on Apr 20, 2022 for the period ending Dec 31, 2021. In this report its auditor, Turner, Stone & Company, LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern. お知らせ • Apr 01
Viking Energy Group, Inc. announced delayed annual 10-K filing On 03/31/2022, Viking Energy Group, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC. お知らせ • Aug 11
Viking Energy Group, Inc. (OTCPK:VKIN) acquired additional 24.2% stake in Simson Maxwell Ltd. from Simmax Corp. and Remora EQ LP. Viking Energy Group, Inc. (OTCPK:VKIN) acquired additional 24.2% stake in Simson Maxwell Ltd. from Simmax Corp. and Remora EQ LP on August 6, 2021. As part of the transaction, Viking Energy acquired 419 shares from Simmax Corp. and 555 shares from Remora EQ LP. In a related transaction, Viking Energy entered into subscription agreement to acquire 1,462 shares in Simson Maxwell for $4.8 million.
Viking Energy Group, Inc. (OTCPK:VKIN) completed the acquisition of additional 24.2% stake in Simson Maxwell Ltd. from Simmax Corp. and Remora EQ LP on August 6, 2021. James Doris of Mann Lawyers LLP acted as legal advisor to Viking Energy Group, Inc. お知らせ • May 18
Viking Energy Group, Inc. announced delayed 10-Q filing On 05/17/2021, Viking Energy Group, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. お知らせ • Aug 18
Viking Energy Group, Inc. announced delayed 10-Q filing On 08/17/2020, Viking Energy Group, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. お知らせ • Jul 17
Viking Energy Group, Inc. announced that it has received funding from Granite Global Value Investments Ltd. On July 15, 2020, Viking Energy Group, Inc. (OTCPK:VKIN) closed and amended the terms of transaction. On the same day, the company received $850,000 in its second tranche raising total of $1,350,000 in the transaction from 1 investor. The minimum investment accepted by outside investor is $1,350,000. お知らせ • Jul 09
Viking Energy Group, Inc. announced that it expects to receive $0.5 million in funding from Granite Global Value Investments Ltd Viking Energy Group, Inc. (OTCPK:VKIN) announced that it has entered into a securities purchase agreement with Granite Global Value Investments Ltd for a private placement of a convertible promissory note issued at a price of $500,000 for gross proceeds of $500,000 on July 3, 2020. The note will be convertible into shares of the company’s common stock at a fixed conversion price of $0.15 per share. The note will get matured within 180 days from the date of issuance. The note accrues interest rate of 12% per annum. お知らせ • Jul 08
Viking Energy Group, Inc. Starts to Re-Activate Certain Wells Within Its Portfolio, Purposely Turned Off Due to the Collapse of Oil Prices Caused in Part by the COVID-19 Pandemic Viking Energy Group, Inc. and Camber Energy, Inc. announced that Viking has started to re-activate certain wells within its portfolio that were purposely turned off or dialed-back due to the collapse of oil prices caused in part by the COVID-19 pandemic and certain geo-political factors. Viking has endeavored to be as proactive as possible in terms of increasing storage capacity and lowering production rates of certain wells to avoid selling oil from certain leases at prior low prices. For example, in May, Viking, through various subsidiaries, rented approximately 44 portable storage containers to situate on certain properties to store product until commodity prices increased. Viking also reduced production rates and/or ceased producing hydrocarbons from approximately 13 wells, with a view to re-activating the wells when pricing improved. Viking estimates the entire re-activation process will be completed by the end of July, subject to commodity prices remaining at or near current levels. There are no guarantees all wells will perform at the same rates as prior to being de-activated.