CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Mar. 31, 2013	Dec. 31, 2012
CURRENT ASSETS
Cash and cash equivalents	$ 24,625	$ 158,165
Accounts receivable - less allowance for doubtful accounts of $200,000, and $200,000 for March 31, 2013 and December 31, 2012, respectively	74,495	157,481
Accounts receivable - related party	33,750	0
Prepaid expenses	99,625	68,693
Total current assets	232,495	384,339
FIXED ASSETS
Furniture and equipment	43,173	43,173
Accumulated depreciation	(7,040)	(5,521)
Total furniture and fixtures, net	36,133	37,652
Producing oil and natural gas properties, net of impairment	3,254,251	2,583,504
Accumulated depletion	(1,162,570)	(1,145,514)
Total oil and gas properties, net	2,091,681	1,437,990
Total Assets	2,360,309	1,859,981
CURRENT LIABILITIES
Accounts payable	205,985	4,339
Accrued interest		25,639
Accrued liabilities	151,726	216,444
Accrued liabilities - related parties	39,149	17,504
Liability for unauthorized preferred stock issued	9,283	9,283
Total current liabilities	406,143	273,209
OTHER LIABILITIES
Asset retirement obligation	45,372	39,905
Total liabilities	451,515	313,114
STOCKHOLDERS' EQUITY (DEFICIT)
Common Stock, $0.001 par value, 47,500,000 shares authorized, 27,563,619 shares and 27,563,619 issued and outstanding, March 31, 2013, and December 31, 2012, respectively	27,564	27,564
Additional paid in capital	34,356,354	34,325,073
Accumulated deficit	(35,629,645)	(35,215,267)
VICTORY ENERGY CORPORATION STOCKHOLDERS' EQUITY (DEFICIT)	(1,245,727)	(862,630)
Non-controlling interest	3,154,521	2,409,497
TOTAL STOCKHOLDER'S EQUITY (DEFICIT)	1,908,794	1,546,867
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	$ 2,360,309	$ 1,859,981