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VIKING ENERGY GROUP, INC.

US:VKINDUS:VKIN
No current share price held for this company.

Past year: ▼ 26%(23.0c – 80.7c USD)

Market cap
—
Shares on issue
—
Story beats
31 since 2005
Last event
1 Aug 2023

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

15 May 2018late filing notice▼ Bad

VIKING ENERGY GROUP, INC. notified the SEC that its quarterly report would be filed late.

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4 Apr 2018late filing notice▼ Bad

VIKING ENERGY GROUP, INC. notified the SEC that its annual report would be filed late.

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23 Jan 2018asset acquisition disposition▲ Good

The Woodway Kansas lease purchase closed, with Mid-Con Development retaining an 87.5% interest after assigning smaller pieces to two co-investors, and the full $2.2 million purchase price paid.

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8 Jan 2018asset acquisition disposition▲ GoodMajor

Viking agreed to buy 41 more Kansas oil leases (Ellis/Rooks Counties) from Woodway Oil & Gas KS I, LLC for $2,200,000 through new subsidiary Mid-Con Development, LLC, continuing to scale the Kansas position.

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29 Dec 2017asset acquisition disposition▲ GoodMajor

Viking closed its acquisition of Petrodome Energy, LLC and its subsidiaries (adding Hamilton Ranch and San Patricio via a late amendment) -- its first entry into Texas/Louisiana Gulf Coast production -- financed by an $8.5 million term loan from 405 Petrodome LLC and Cargill Inc.

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14 Nov 2017quarterly activities report▼ Bad

VIKING ENERGY GROUP, INC. reported a quarterly net loss of $786 thousand for the period ended 2017-09-30.

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13 Nov 2017material agreement● NeutralMajor

Viking agreed to buy oil and gas membership interests from Black Rhino, LP for $3,000,000 cash, 2,000,000 shares and a 1.5% override, conditional on securing financing -- the deal that grew, within weeks, into the Petrodome Energy acquisition.

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16 Oct 2017securities registration● Neutral

VIKING ENERGY GROUP, INC. filed notice of an exempt private placement.

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16 Oct 2017securities registration● Neutral

VIKING ENERGY GROUP, INC. filed notice of an exempt private placement.

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16 Oct 2017securities registration● Neutral

VIKING ENERGY GROUP, INC. filed notice of an exempt private placement.

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13 Oct 2017securities registration● Neutral

VIKING ENERGY GROUP, INC. filed notice of an exempt private placement.

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12 Oct 2017securities registration● Neutral

VIKING ENERGY GROUP, INC. filed notice of an exempt private placement.

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11 Oct 2017director interest notice● Neutral

James Andrew Doris became a VIKING ENERGY GROUP, INC. company insider (initial ownership filing).

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4 Oct 2017debt financing▲ Good

Viking borrowed $204,000 from Cornerstone Bank to fund an $400,000 purchase of an 80% interest in six Kansas leases in Riley, Geary and Wabaunsee Counties -- a new operating area (Haas Petroleum) added to the Kansas footprint.

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3 Oct 2017debt financing▲ Good

Viking borrowed $290,000 from Cornerstone Bank to fund a $530,000 purchase of six more Kansas oil leases in Miami/Franklin Counties, continuing the steady buildout of the Mid-Con position.

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26 Sept 2017capital raising announcement● Neutral

Viking paid off $352,833 of its March 2017 notes early, funded by a new private placement (up to $6.5 million, with $950,000 raised so far) of 10% secured notes pledged against Mid-Con Drilling -- refinancing higher-cost debt into a larger facility.

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12 Sept 2017debt financing▲ Good

Through new subsidiary Mid-Con Drilling, LLC, Viking borrowed $256,983 from Cornerstone Bank to fund a $360,000 purchase of Anderson County, Kansas oil leases -- continuing the Kansas expansion with a new bank relationship.

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18 Aug 2017quarterly activities report▼ Bad

VIKING ENERGY GROUP, INC. reported a quarterly net loss of $786 thousand for the period ended 2017-09-30.

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15 Aug 2017late filing notice▼ Bad

VIKING ENERGY GROUP, INC. notified the SEC that its quarterly report would be filed late.

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6 July 2017capital raising announcement▼ Bad

Viking borrowed $1,000,000 via secured convertible notes pledged against its Mid-Con Petroleum subsidiary -- the filing is the first in this record signed by James Doris as CEO, marking new leadership atop the Kansas oil buildout.

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15 May 2017quarterly activities report▼ Bad

VIKING ENERGY GROUP, INC. reported a quarterly net loss of $1.3 million for the period ended 2017-06-30.

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3 Apr 2017late filing notice▼ Bad

VIKING ENERGY GROUP, INC. notified the SEC that its annual report would be filed late.

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29 Nov 2016substantial holder notice● Neutral

Coal Creek Energy, LLC disclosed a new substantial VIKING ENERGY GROUP, INC. shareholding (9.47% of votes).

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21 Nov 2016quarterly activities report● Neutral

VIKING ENERGY GROUP, INC. reported a quarterly net income of $1.9 million for the period ended 2016-09-30.

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15 Nov 2016auditor change▼ Bad

Viking dismissed auditor RBSM LLP, which had only reviewed interim 10-Qs and never issued an annual report, to engage a different firm -- the first of two auditor changes inside two weeks, before the replacement (Mohle Adams) itself immediately exited the public-audit business.

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14 Nov 2016late filing notice▼ Bad

VIKING ENERGY GROUP, INC. notified the SEC that its quarterly report would be filed late.

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14 Nov 2016auditor change▼ Bad

Auditor Mohle Adams LLP told Viking it was exiting the public-company audit business entirely and had not issued any report -- the second of two abrupt auditor exits within two weeks.

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13 Oct 2016asset acquisition disposition▲ GoodMajor

Renamed Viking Energy Group, Inc., the company formed subsidiary Mid-Con Petroleum, LLC, opened a $3 million CrossFirst Bank revolving credit line, raised $610,000 in a private placement, and used the proceeds to add more Kansas oil leases -- the Kansas platform's first outside financing.

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22 Aug 2016quarterly activities report● Neutral

VIKING ENERGY GROUP, INC. reported a quarterly net income of $1.9 million for the period ended 2016-09-30.

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22 Aug 2016quarterly activities report● Neutral

VIKING ENERGY GROUP, INC. reported a quarterly net income of $1.9 million for the period ended 2016-09-30.

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