0001477932-19-004942.txt : 20190816 0001477932-19-004942.hdr.sgml : 20190816 20190816161838 ACCESSION NUMBER: 0001477932-19-004942 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190815 ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20190816 DATE AS OF CHANGE: 20190816 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VIKING ENERGY GROUP, INC. CENTRAL INDEX KEY: 0001102432 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 980199508 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-29219 FILM NUMBER: 191033699 BUSINESS ADDRESS: STREET 1: 15915 KATY FREEWAY STREET 2: SUITE 450 CITY: HOUSTON STATE: TX ZIP: 77094 BUSINESS PHONE: (281) 404-4387 MAIL ADDRESS: STREET 1: 15915 KATY FREEWAY STREET 2: SUITE 450 CITY: HOUSTON STATE: TX ZIP: 77094 FORMER COMPANY: FORMER CONFORMED NAME: VIKING INVESTMENTS GROUP, INC. DATE OF NAME CHANGE: 20120711 FORMER COMPANY: FORMER CONFORMED NAME: SinoCubate, Inc DATE OF NAME CHANGE: 20081110 FORMER COMPANY: FORMER CONFORMED NAME: Synthenol Inc DATE OF NAME CHANGE: 20061120 8-K 1 vkin_8k.htm FORM 8-K vkin_8k.htm

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): August 15, 2019

 

Viking Energy Group, Inc.

(Exact name of registrant as specified in its charter)

 

Nevada

 

000-29219

 

98-0199508

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification Number)

 

15915 Katy Freeway

Suite 450, Houston, Texas

 

77094

(Address of principal executive offices)

 

(zip code)

 

(281) 404 4387

(Registrant’s telephone number, including area code)

 

___________________________________________

(former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

o

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

o

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

o

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 

o

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading Symbol(s)

 

Name of each exchange on which registered

N/A

 

N/A

 

N/A

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company o

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

 

 
 
 
 

 

ITEM 7.01 REGULATION FD DISCLOSURE.

 

On August 15, 2019, Viking Energy Group, Inc. (the “Company”) entered into a Letter of Intent with respect to the proposed purchase by the Company, directly or through a wholly-owned subsidiary, of working interests and over-riding royalty interests in oil and gas properties in Texas and Louisiana, along with associated wells and equipment. Current production from the target assets (approx. 71 wells in Texas and 52 in Louisiana) is approximately 1,085 bopd and 16,800 mcf/d.

 

The completion of this transaction is contingent on a number of factors including: (i) executing a definitive purchase and sale agreement before September 16, 2019; (ii) obtaining any required approvals from governmental authorities with respect to the conveyance of the purchased assets; (iii) the Company's satisfactory completion of due diligence regarding the target assets; and (iv) the Company raising capital necessary to complete the transaction. Closing is expected to take place on or before October 31, 2019, if all conditions are satisfied.

 

There is no assurance that the proposed transaction will be completed.

 

The information contained in this Item 7.01 is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities under Section 18 and shall not be deemed to be incorporated by reference into the filings of the Company under the Securities Act of 1933, as amended, or the Exchange Act.

 

 
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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

Viking Energy Group, Inc.

  

Dated: August 16, 2019

By:

/s/ James Doris

 

James Doris

 

CEO & Director

 

 
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